Uptown Minneapolis, Minneapolis, MN Rental Market Trends
Last updated: October 31, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Uptown Minneapolis is $1,734, a 2.61% increase compared to the previous year, when the average rent was $1,690.
Studio Apartments at $1,266 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 $1,583, balancing privacy and affordability.
Two-bedroom units at $2,260 offer 1,090 square feet, perfect for roommates or small families.
Average rent in Uptown Minneapolis, Minneapolis, MN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,734 | 787 sq. ft. |
| Studio | $1,266 | 498 sq. ft. |
| 1 Bed | $1,583 | 701 sq. ft. |
| 2 Beds | $2,260 | 1,090 sq. ft. |
| 3 Beds | n/a | n/a |
Uptown Minneapolis, Minneapolis, MN rent trends
Rental prices in Uptown Minneapolis, Minneapolis, MN have increased by 2.61% over the past year. The average rent moved from $1,690 to $1,734.
What's the typical rent budget in Uptown Minneapolis, Minneapolis, MN?
The largest share of rentals in Uptown Minneapolis, Minneapolis, MN (44%) fall between $1,501-$2,000 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?
2,686 or 73% of the households in Uptown Minneapolis, Minneapolis, MN are renter-occupied while 998 or 27% are owner-occupied.
Most affordable neighborhoods in Uptown Minneapolis?
Ventura Village $1,048/month
Stevens Square - Loring Heights $1,051/month
Wenoah $1,191/month
All of these neighborhoods fall below the city wide average of $1,718/month.Most expensive neighborhoods in Uptown Minneapolis?
North Loop $2,156/month
Nicollet Island - East Bank $2,215/month
Cedar - Isles - Dean $2,544/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 | $2,544 |
| Nicollet Island - East Bank | $2,215 |
| North Loop | $2,156 |
| Dinkytown | $2,098 |
| Marcy Holmes | $2,021 |
| Downtown Minneapolis | $2,009 |
| Ericsson | $1,926 |
| Prospect Park East River Road | $1,892 |
| Near North Minneapolis | $1,848 |
| Bryn - Mawr | $1,832 |
| Sheridan | $1,777 |
| Uptown Minneapolis | $1,734 |
| Hiawatha | $1,727 |
| King Field | $1,706 |
| Standish | $1,693 |
| St. Anthony | $1,681 |
| Holland | $1,627 |
| West Calhoun | $1,617 |
| Midtown Phillips | $1,617 |
| Marshall Terrace | $1,563 |
| Robbinsdale | $1,524 |
| Cedar Riverside | $1,498 |
| Harrison | $1,489 |
| Lowry Hill | $1,460 |
| Loring Park | $1,452 |
| Richfield | $1,449 |
| Windom | $1,433 |
| Corcoran | $1,428 |
| Bottineau | $1,402 |
| Howe | $1,379 |
| Phillips West | $1,364 |
| Windom Park | $1,362 |
| Brooklyn Center | $1,354 |
| Whittier | $1,333 |
| Linden Hills | $1,301 |
| Longfellow | $1,300 |
| Tangletown | $1,287 |
| Seward | $1,203 |
| Wenoah | $1,191 |
| Stevens Square - Loring Heights | $1,051 |
| Ventura Village | $1,048 |
Minneapolis | Rent Comparison by Neighborhood
Rent in Uptown Minneapolis is 24% higher than in Bottineau
Uptown Minneapolis rent is the same as Minneapolis average
Bottineau rent is 19% 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.