| STUDIO | $990 |
Rental prices in Downtown Minneapolis, Minneapolis, MN have increased by 2.5% over the past year. The average rent moved from $1,307 to $1,339.
Check out the average rent in Minneapolis.
The national average price of rental apartments is $1,743, while the average monthly rent in Downtown Minneapolis, Minneapolis, MN is $1,339.
The average monthly rent for an apartment in Downtown Minneapolis, Minneapolis, MN is around $1,339.
A share of 10% of apartments in Downtown Minneapolis, Minneapolis, MN have the cheapest rents between ≤ $1000. Around 1% of rentals are $2,001-$2,500. Around 65% of Downtown Minneapolis's apartments have monthly rents between $1,001-$1,500. There are 25% of apartments with rents between $1,501-$2,000.
The largest share of rentals in Downtown Minneapolis, Minneapolis, MN (65%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The price range of a studio apartment is between $592 and $2,910.
There are 142 studio rentals available on RentCafe. Prices and availability in Downtown Minneapolis, Minneapolis, MN were last updated on 28 Nov 2025.
The average Downtown Minneapolis, Minneapolis, MN studio apartment size is 518 sq. ft.
Studio apartments in Downtown Minneapolis, Minneapolis, MN tend to be more affordable than other apartments and they have lower utility costs.
One of the downsides of living in a studio apartment is the limited storage space.
In total, Downtown Minneapolis, Minneapolis, MN has 18,776 residents, 8,000 women and 10,775 men, per U.S. Census recent estimates. Statistics show that the median age of Downtown Minneapolis’s population is 33.
There is a total of 10,244 households in Downtown Minneapolis, Minneapolis, MN. Of these, 848 have children and 9,396 are without children. Per Census Bureau’s most current estimates, 2,562 family households and 7,682 non-family households live in this area. The size of a household in Downtown Minneapolis is 0.99 people, on average. The median household annual income in Downtown Minneapolis equals $69,808, and the monthly housing costs equal $1,813.
According to data from the U.S. Census Bureau, 3% of the population in Downtown Minneapolis, Minneapolis, MN have no high school education, 17% went to high-school, and 16% have partially completed college. Moreover, 5% of the population hold an Associate Degree, 35% hold a Bachelor Degree, and 24% hold a Graduate Degree.
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