Uptown Minneapolis, Minneapolis, MN Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Uptown Minneapolis is $1,692, a 0.86% increase compared to the previous year, when the average rent was $1,677.
Studio Apartments at $1,208 offer the most budget-friendly option with 498 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 701 square feet for $1,542, balancing privacy and affordability.
Two-beedroom units at $2,213 offer 1,090 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,378 sq ft) for $3,008, suitable for larger households.
Average rent in Uptown Minneapolis, Minneapolis, MN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,692 | 785 sq. ft. |
| Studio | $1,208 | 498 sq. ft. |
| 1 Bed | $1,542 | 701 sq. ft. |
| 2 Beds | $2,213 | 1,090 sq. ft. |
| 3 Beds | $3,008 | 1,378 sq. ft. |
Uptown Minneapolis, Minneapolis, MN rent trends
Rental prices in Uptown Minneapolis, Minneapolis, MN have increased by 0.86% over the past year. The average rent moved from $1,677 to $1,692.
What's the typical rent budget in Uptown Minneapolis, Minneapolis, MN?
The largest share of rentals in Uptown Minneapolis, Minneapolis, MN (39%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Uptown Minneapolis, Minneapolis, MN?
2,630 or 72% of the households in Uptown Minneapolis, Minneapolis, MN are renter-occupied while 1,019 or 28% are owner-occupied.
Most affordable neighborhoods in Uptown Minneapolis?
Wenoah $971/month
Stevens Square - Loring Heights $1,103/month
Ventura Village $1,138/month
All of these neighborhoods fall below the city wide average of $1,674/month.Most expensive neighborhoods in Uptown Minneapolis?
Nicollet Island - East Bank $2,096/month
St. Anthony West $2,173/month
Cedar - Isles - Dean $2,468/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Minneapolis, MN By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Cedar - Isles - Dean | $2,468 |
| St. Anthony West | $2,173 |
| Nicollet Island - East Bank | $2,096 |
| Dinkytown | $2,093 |
| North Loop | $2,080 |
| Marcy Holmes | $1,978 |
| Downtown Minneapolis | $1,969 |
| Prospect Park East River Road | $1,843 |
| Ericsson | $1,829 |
| Sheridan | $1,746 |
| Hiawatha | $1,696 |
| Uptown Minneapolis | $1,692 |
| Near North Minneapolis | $1,690 |
| King Field | $1,651 |
| Standish | $1,640 |
| Bryn - Mawr | $1,624 |
| Midtown Phillips | $1,611 |
| Marshall Terrace | $1,600 |
| West Calhoun | $1,597 |
| St. Anthony | $1,590 |
| Robbinsdale | $1,538 |
| Holland | $1,486 |
| Loring Park | $1,434 |
| Cedar Riverside | $1,426 |
| Windom | $1,406 |
| Richfield | $1,406 |
| Harrison | $1,387 |
| Lowry Hill | $1,359 |
| Linden Hills | $1,344 |
| Howe | $1,342 |
| Phillips West | $1,327 |
| Brooklyn Center | $1,317 |
| Corcoran | $1,311 |
| Longfellow | $1,303 |
| Whittier | $1,292 |
| Seward | $1,289 |
| Tangletown | $1,161 |
| CARAG | $1,158 |
| Ventura Village | $1,138 |
| Stevens Square - Loring Heights | $1,103 |
| Wenoah | $971 |
Minneapolis | Rent Comparison by Neighborhood
Rent in Uptown Minneapolis is 28% higher than in Brooklyn Center
Uptown Minneapolis rent is the same as Minneapolis average
Brooklyn Center rent is 22% lower than Minneapolis average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Uptown Minneapolis apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.