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Studio Apartments for Rent in Minneapolis, MN

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  • /50

    Starting at $1,391 Plus Fees

    • Studio - 4 Beds

    608 2nd Ave S, Minneapolis, MN 55402

    Now open and accepting applications. Groove Lofts at Northstar Center is where historic renovation meets modern luxury. Nestled in downtown Minneapolis, Groove Lofts offers a culturally rich living experience that seamlessly blends retro charm with contemporary elegance. Step into a world where timeless design meets urban sophistication. Our meticulously crafted studios, one-bedroom, two-bedroom,

    Groove Lofts

    608 2nd Ave S, Minneapolis, MN 55402
  • /133

    Starting at $1,200

    Total Monthly Price

    • Studio - 2 Beds

    410-510 W Lake St, Minneapolis, MN 55408

    Lake Street Dwelling has everything you're looking for in your next home. Our apartments feature beautiful modern finishes with amazing amenities close to transit and the Greenway.Bottom line: Lake Street Dwelling provides the lifestyle and high quality apartments you want in an ideal location. Best of all, it's affordable! Click the link above or give us a call to check our current availability!

    Lake Street Dwelling

    410-510 W Lake St, Minneapolis, MN 55408
  • /134

    Starting at $917

    Total Monthly Price

    • Studio - 2 Beds

    2428 Delaware St, Minneapolis, MN 55414

    With one foot in Minneapolis and the other on the border of Saint Paul, Solhaus offers you the best of both worlds! Our chic modern design embraces the latest in eco-friendly features such as a white membrane roof for energy efficiency, a passive solar design with large windows for natural lighting, recycling, and onsite composting. Choose from our large selection of renovated pet friendly floor

    Solhaus Apartments & Tower

    2428 Delaware St, Minneapolis, MN 55414
  • /86

    Starting at $1,382

    Total Monthly Price

    • Studio - 3 Beds

    2500 2nd St NE, Minneapolis, MN 55418

    Our studios, alcoves, and 2 and 3-bedroom apartment layouts combine the best elements of modern architecture and high-caliber design. Envision luxury living with spectacular city views, energy-efficient stainless-steel appliances, quartz countertops throughout, rich wood-finish flooring, fireplaces in select units, generous closet space, in-unit washer and dryer, and more impeccable finishes. Our

    The Laker

    2500 2nd St NE, Minneapolis, MN 55418
  • /88

    Starting at $1,203

    Total Monthly Price

    • Studio - 1 Bed

    500 W Lake St, Minneapolis, MN 55408

    The Lago is a multi-use building consisting of both market-rate and affordable studio, 1- and 2-bedroom apartments. Set in a prime location, the Lago is surrounded by multiple vibrant and colorful neighborhoods. Explore local boutiques and shops in trendy Uptown; go on a dumpling crawl and taste your way through Whittier's ethnically diverse Eat Street; or, get together with friends for an

    Lago Apartments

    500 W Lake St, Minneapolis, MN 55408
  • /17

    Starting at $1,699

    Total Monthly Price

    • Studio - 3 Beds

    3060 Harbor Ln N, Minneapolis, MN 55447

    Now Open! Each residence at Rone is an invitation to live beautifully, from light-filled studios and alcoves to spacious one-, two-, and three-bedroom layouts featuring quartz countertops, stainless steel appliances, in-unit washer and dryer, and private outdoor spaces. Select homes at Rone include elevated touches, such as upgraded appliance packages, fireplaces and walk-in closets with smart

    Rone

    3060 Harbor Ln N, Minneapolis, MN 55447
  • /69

    Starting at $1,195 Plus Fees

    • Studio - 2 Beds

    2401 Chicago Ave, Minneapolis, MN 55404

    Only blocks away from the premier Minneapolis medical campuses of Minnesota Children's Hospital and Allina Health, Minneapolis Grand Apartments offers modern loft-style apartments in the heart of downtown Minneapolis. Great local dining and shopping are within walking distance at Mid-Town Global Market, and The Greenway Trail is perfect for a bike ride. Residents of our pet-friendly

    Minneapolis Grand Apartments

    2401 Chicago Ave, Minneapolis, MN 55404
  • /62

    Starting at $1,525 Plus Fees

    • Studio - 2 Beds

    770 Xenia Ave S, Minneapolis, MN 55416

    Brand new ultra-luxe apartments minutes from downtown Minneapolis and Shops at West End, Golden Valley's newest ultra-luxe apartments await you. A resort-style, pet-friendly community, Xenia comes power-packed with stunning apartment interiors and exceptional amenities. Luxurious porcelain tile floors and gourmet kitchens invite indulgence, while rooftop sports courts, on-site bike rooms, a

    Xenia Apartments

    770 Xenia Ave S, Minneapolis, MN 55416
  • /72

    Starting at $1,379 Plus Fees

    • Studio - 2 Beds

    650 Portland Ave S, Minneapolis, MN 55415

    Luxury market-rate apartments located on the corner of 7th and Portland in Downtown East Minneapolis. We are Skyway connected and a short walk to U.S. Bank Stadium, The Commons Park, The Armory, and Stone Arch Bridge. Our homes and amenities are designed to meet your evolving needs, whether a day at the spa, artistic therapy, or connecting with others around the fire. Luxury meets leisure with

    Moment

    650 Portland Ave S, Minneapolis, MN 55415
  • /116

    Starting at $1,299

    Total Monthly Price

    • Studio - 2 Beds

    657 22nd Ave NE, Minneapolis, MN 55418

    Some search years for the ideal Minneapolis lifestyle. Others create it themselves. At The Huxley, you’ll find everything you need to do just that. Tucked in a lush corner of the historic Minneapolis Arts District, The Huxley offers the perfect balance of residential calm and diverse, urban energy. From sculpture-lined bike paths and engaging courtyard amenities to contemporary apartments and

    Huxley Apartments

    657 22nd Ave NE, Minneapolis, MN 55418
  • /60

    Starting at $1,202

    Total Monthly Price

    • Studio - 3 Beds

    816 Portland Ave S, Minneapolis, MN 55404

    Offering a convenient location near I-94, 35W, and Highways 55 & 65 – HQ Apartments delivers a variety of on-site amenities, stylishly appointed lofts, and spacious studio, one-, two-, and three-bedroom apartments in Minneapolis. Situated just moments from Downtown, HQ Apartments is in the thriving Elliot Park neighborhood, and is surrounded by the area's best retail, dining, and entertainment

    HQ Apartments

    816 Portland Ave S, Minneapolis, MN 55404
  • /132

    Starting at $1,420

    Total Monthly Price

    • Studio - 2 Beds

    485 Malcolm Ave SE, Minneapolis, MN 55414

    Modern. Industrial. Vibrant. The Station at Malcom Yards apartments are a perfect blend of contemporary design and industrial charm. Enjoy access to a vibrant community, dining, and shopping experiences in the heart of industrial Malcolm Yards in Minneapolis. Explore modern, pet-friendly, living spaces and functional amenities designed to enhance your everyday. Amenities include a Sky Lounge,

    The Station at Malcolm Yards

    485 Malcolm Ave SE, Minneapolis, MN 55414
  • /99

    Starting at $1,659

    Total Monthly Price

    • Studio - 3 Beds

    200 University Ave SE, Minneapolis, MN 55414

    We can't wait to welcome you home! Here's what you can expect at Expo. Our community and all our homes are smoke-free. We allow cats, dogs, and other small animals. We have no breed restrictions upon an approved pet application. Required Fees - Move-in: application fee - $50 per applicant, deposit - $500, & administration Fee - $150. Monthly: rent - fixed cost dependent on size, move-in date, and

    Expo

    200 University Ave SE, Minneapolis, MN 55414
  • /53

    Starting at $1,377

    Total Monthly Price

    • Studio

    3535 Bryant Ave S, Minneapolis, MN 55408

    Our spacious two- and three- bedroom apartments feature washer and dryer connections, ample kitchen cabinet space, spacious bedrooms and closets, hardwood style flooring in select units, and large patios and balconies with picturesque wooded views in select units.

    Tree Tops Apartments

    3535 Bryant Ave S, Minneapolis, MN 55408
  • /120

    Starting at $1,144

    Total Monthly Price

    • Studio - 2 Beds

    3029 22nd Ave, Minneapolis, MN 55407

    Southsider in Minneapolis offers well-appointed apartment living with thoughtful on-site services and functional in-unit features. Residences include washer/dryer hookups, dishwasher, microwave, refrigerator, efficient appliances, electronic thermostats, large closets, carpeting in bedrooms and hardwood floors in living areas, plus window coverings and cable/high-speed internet readiness. The

    Southsider

    3029 22nd Ave, Minneapolis, MN 55407
  • /37

    Starting at $1,063

    Total Monthly Price

    • Studio - 2 Beds

    1455 W Lake St, Minneapolis, MN 55408

    Daymark Uptown Apartments offers luxury studio, 1 and 2-bedroom apartments, townhomes, & penthouses. Each home offers amenities like large windows showcasing downtown views, a gourmet kitchen, quartz countertops, walk-in closets, and in-unit laundry. You'll have access to outstanding amenities like a rooftop terrace with a kitchen, grilling stations, and a resort-style pool. There's also a luxury

    Daymark Uptown

    1455 W Lake St, Minneapolis, MN 55408
  • /107

    Starting at $630

    Total Monthly Price

    • Studio - 4 Beds

    2650 University Ave, Minneapolis, MN 55414

    Accolade Minneapolis prioritizes what matters most to you – a central location, the company of friends, and top-notch amenities. Our fully furnished apartments come with all the essentials so you can focus on what matters. Choose between our fully furnished studio, one-, two-, and four-bedroom apartments.

    Accolade Minneapolis

    2650 University Ave, Minneapolis, MN 55414
  • /27

    Starting at $1,241

    Total Monthly Price

    • Studio - 2 Beds

    1367 Willow St, Minneapolis, MN 55403

    FOR A LIMITED TIME, RECEIVE ONE MONTH OF FREE RENT WITH A 12-14 MONTH LEASE!Eitel Apartments is a historic apartment community located in Loring Park. Our central downtown Minneapolis location is near The Walker Center, I-94 and the Skyway. We offer charming studio, 1-bedroom and 2-bedroom apartments for rent with an impressive selection of features, including stainless steel

    Eitel Apartments

    1367 Willow St, Minneapolis, MN 55403
  • /36

    Starting at $1,598

    Total Monthly Price

    • Studio - 3 Beds

    1369 Spruce Place, Minneapolis, MN 55403

    LPM Apartments offers luxury, pet-friendly studio, 1, 2, and 3-bedroom apartments in the Loring Park neighborhood in downtown Minneapolis, MN. You'll live within five minutes from Target Field, the U.S. Bank Stadium, The Armory, and the Minneapolis Convention Center, bringing Minneapolis's most popular events to your backyard.You can easily navigate the city with access to the Metro Transit,

    LPM Apartments

    1369 Spruce Place, Minneapolis, MN 55403
  • /84

    Starting at $1,381

    Total Monthly Price

    • Studio - 3 Beds

    2851 Hennepin Ave, Minneapolis, MN 55408

    Ideally located in Uptown Minneapolis, our apartments offer one of the most exciting places to live in the area. The Bohen Apartments is a brand-new development with flexible leasing options, a knack for green living, and a palpable sense of belonging.

    The Bohen Apartments

    2851 Hennepin Ave, Minneapolis, MN 55408
  • /44

    Starting at $1,380

    Total Monthly Price

    • Studio - 2 Beds

    700 Douglas Ave, Minneapolis, MN 55403

    Experience the best Minneapolis has to offer living at Kenwood Gables. Minutes away from Target Field, U.S. Bank Stadium, Walker Arts Center, and the Minneapolis Sculpture Garden. Residents can enjoy on-site amenities, underground parking included in the rent, spacious walk-in closets and panoramic views of Minneapolis. Kenwood Gables is a block away from the bus stop off Lyndale Ave.

    Kenwood Gables

    700 Douglas Ave, Minneapolis, MN 55403
  • /37

    Starting at $1,100 Plus Fees

    • Studio

    500 E 14th St, Minneapolis, MN 55404

    Studio and One Bedroom Apartments!! Escape to your own private oasis in this beautiful, exclusive 50 unit property. Located in the East Town Neighborhood of Downtown Minneapolis, The Aberdeen is a hidden treasure. From underground parking to a beautiful rooftop terrace, Aberdeen Apartments provides a comfortable and efficient living space in the metro.All units have floor to ceiling

    Aberdeen Apartments

    500 E 14th St, Minneapolis, MN 55404
  • /78

    Starting at $1,932 Plus Fees

    • Studio - 3 Beds

    212 10th Ave S, Minneapolis, MN 55415

    Encore Apartments lends a coveted slice of urban riverbank and the prestigious nuance of the artistic liveliness that lies in the shadow of The Guthrie Theatre. Situated in the heart of the Minneapolis Mill District across from Gold Medal Park, the 12-storied Encore offers multilevel townhomes with private access and expansive penthouse homes overlooking the Mississippi River and downtown

    Encore

    212 10th Ave S, Minneapolis, MN 55415
  • /36

    Starting at $1,613

    Total Monthly Price

    • Studio - 3 Beds

    400 Marquette Ave, Minneapolis, MN 55401

    Reinvent your idea of apartment living at 4Marq Apartments in Minneapolis's downtown central business district. Live in a high-end alcove, 1, 2, and 3-bedroom pet-friendly apartment featuring floor-to-ceiling windows, granite countertops, stainless steel appliances, in-unit laundry, private patios, and more! 4Marq residents have exclusive access to a suite of first-class amenities, including a

    4Marq

    400 Marquette Ave, Minneapolis, MN 55401
  • /71

    Starting at $1,475

    Total Monthly Price

    • Studio - 2 Beds

    360 N 1st St, Minneapolis, MN 55401

    "You've arrived.   The Paxon takes its name from the Latin word Pax, meaning 'peace'. And true to its name, it offers you a comforting and peaceful urban oasis at the edge of downtown's North Loop neighborhood. You'll enjoy the energy the city has to offer with the ability to escape to your own private getaway, full of catered comfort and simple pleasures.The Paxon boasts studio, one- and

    The Paxon

    360 N 1st St, Minneapolis, MN 55401
  • /29

    Starting at $1,259 Plus Fees

    • Studio - 2 Beds

    1320 W Lake St, Minneapolis, MN 55408

    Welcome to The Walkway, a premier apartment community located in the heart of Minneapolis, MN. Our apartments are designed with your comfort and convenience in mind. Each unit is equipped with a washer/dryer, air conditioner, electronic thermostat, and cable-ready setup. The kitchen comes with a dishwasher, microwave, and refrigerator, making meal prep a breeze. Carpeting in the bedrooms adds a

    The Walkway

    1320 W Lake St, Minneapolis, MN 55408
  • /31

    Starting at $609

    Total Monthly Price

    • Studio - 3 Beds

    412 12th Ave SE, Minneapolis, MN 55414

    Located at 4th Street and 12th Avenue the 412 Lofts offer the tranquility of a neighborhood setting, the convenience of the Dinkytown retail district and a short walk to the University of Minnesota campus. WINNER OF 2013 “BEST APARTMENT COMPLEX” - Minnesota Daily Grapevine Awards The 412 Lofts, along with Sydney Hall and the Edge on Oak, are widely recognized as setting the standard for

    Yugo Minneapolis 412 Lofts

    412 12th Ave SE, Minneapolis, MN 55414
  • /38

    Starting at $1,403

    Total Monthly Price

    • Studio - 2 Beds

    2838 Fremont Ave S, Minneapolis, MN 55408

    Experience the best of modern living in Uptown Minneapolis with these stylish apartments featuring sleek finishes, upgraded lighting, expansive floor-to-ceiling windows, soaring 9'-10' ceilings, and eye-catching exposed industrial ductwork. Indulge in resort-style amenities—from relaxing in seasonal poolside cabanas to entertaining in the vibrant courtyard, or enjoying quality time with your

    Flux Apartments

    2838 Fremont Ave S, Minneapolis, MN 55408
  • /83

    Starting at $1,143

    Total Monthly Price

    • Studio - 2 Beds

    2703 Girard Ave S, Minneapolis, MN 55408

    Experience a more refined approach to urban living at Nox Apartments. Rich contemporary finishes, warm natural textures, expansive windows, and thoughtfully designed floor plans create a home that's both sophisticated and inviting. Just moments from Uptown's restaurants, cafés, boutiques, and the Chain of Lakes, Nox keeps you connected to everything that makes Minneapolis

    Nox Apartments

    2703 Girard Ave S, Minneapolis, MN 55408
  • /46

    Starting at $1,445 Plus Fees

    • Studio - 2 Beds

    225 Portland Ave, Minneapolis, MN 55401

    Welcome to The Ellory, a completely reimagined apartment community in the heart of Minneapolis. With full renovations, newly redesigned homes, and refreshed amenities coming soon, The Ellory brings modern living to one of the city's most connected neighborhoods. Enjoy stylish interiors, updated community spaces, and convenient access to nearby parks, trails, dining, shopping, entertainment, and

    The Ellory

    225 Portland Ave, Minneapolis, MN 55401
  • /21

    Starting at $1,014

    Total Monthly Price

    • Studio - 1 Bed

    36 S 9th St, Minneapolis, MN 55402

    LaSalle Apartments are centrally located in LaSalle Plaza in downtown Minneapolis. LaSalle is at the thriving pulse of the Minneapolis central business district with convenient skyway access and is a short stroll to Target Center, Target Field, the Convention Center, city parks and retail stores. Perfect for walkers, bikers and riders! It is high-end downtown living, with a luxurious home style

    LaSalle Apartments

    36 S 9th St, Minneapolis, MN 55402
  • /37

    Starting at $1,057 Plus Fees

    • Studio - 2 Beds

    1725 Nicollet Ave, Minneapolis, MN 55403

    Enjoy a dynamic, yet relaxed lifestyle in the heart of downtown! Overlooking Minneapolis’s famed Eat Street, Nico gives you a fast pass to one of the metro’s most vibrant and diverse social strolls—along with easy access to Loring Park and a host of favorite urban attractions.Inside, you’ll find a variety of thoughtfully designed amenities that reflect the neighborhood’s eclectic spirit.

    Nico East

    1725 Nicollet Ave, Minneapolis, MN 55403
  • /36

    Starting at $850 Plus Fees

    • Studio - 1 Bed

    330 Oak Grove St, Minneapolis, MN 55403

    330 Oak Grove is a pet-friendly community of newly renovated apartments that feature upgraded kitchens and baths, as well as large closets and windows. Community amenities include a resident lounge, updated fitness center, onsite laundry and storage. Underground and outdoor parking is available.

    Loring Park Flats

    330 Oak Grove St, Minneapolis, MN 55403
  • /75

    Starting at $1,394

    Total Monthly Price

    • Studio - 2 Beds

    4555 Minnehaha Ave, Minneapolis, MN 55406

    MN46 is a boutique apartment complex that is family owned and operated. If you're looking for a place with excellent management, that is cared for, and where YOU feel VALUED as a resident, MN46 is for you! Utilities and internet included.A starting point, a resting place, a hangout, a home. MN46 is this and so much more, elevating minimal modern living to a new standard. Located

    MN46 Apartments

    4555 Minnehaha Ave, Minneapolis, MN 55406
  • /95

    Starting at $1,058 Plus Fees

    • Studio - 2 Beds

    1410 Nicollet Ave, Minneapolis, MN 55403

    Welcome to Marquee Apartments, your future home. Discover all about our Downtown Minneapolis apartments and let yourself be charmed by the resort-like amenities, ultra-modern interiors, and a community that will make you feel like you belong. On top of the useful features, our residences come with tasteful designs and an address that puts you close to the city's top areas of interest, including

    Marquee

    1410 Nicollet Ave, Minneapolis, MN 55403
  • /33

    Starting at $1,698

    Total Monthly Price

    • Studio - 3 Beds

    365 Nicollet Mall, Minneapolis, MN 55401

    Welcome to 365 Nicollet, the premier apartment community in Minneapolis, Minnesota. Choose from a variety of spacious floorplans, including studio, one, two, and three-bedroom apartments. Alongside every floor plan, our community offers an array of high-end amenities to enhance your lifestyle. Relax in the all-season jacuzzi spa or enjoy stunning city views in the penthouse lounge. Stay active

    365 Nicollet

    365 Nicollet Mall, Minneapolis, MN 55401
  • /85

    Starting at $1,308

    Total Monthly Price

    • Studio - 2 Beds

    2922 Aldrich Ave S, Minneapolis, MN 55408

    Experience a vibrant community and excellent amenities at Blue and Lime Apartments in south Minneapolis, MN. Choose from over 30 floor plans of studio, 1-, and 2-bedroom apartments, featuring in-unit laundry, stainless steel appliances, and private balconies or patios.Enjoy a pool, spa, rooftop deck, clubroom, fitness center, sauna, and dog run—all just steps from your door. With a concierge,

    Blue and Lime

    2922 Aldrich Ave S, Minneapolis, MN 55408
  • /33

    Starting at $1,753

    Total Monthly Price

    • Studio - 3 Beds

    5245 Wayzata Blvd, Minneapolis, MN 55416

    Located in a vibrant and historically rich community, Millennium at West End apartments in St. Louis Park offer an exciting community location focused on providing best-in-class attributes and conveniences. As a wonderful alternative to apartments in downtown Minneapolis, Millennium at West End is conveniently located directly off I-394 and allows residents an effortless commute to and from major

    Millennium at West End

    5245 Wayzata Blvd, Minneapolis, MN 55416
  • /34

    Starting at $1,175 Plus Fees

    • Studio - 2 Beds

    2333 Jackson St NE, Minneapolis, MN 55418

    Modern Living in Northeast Minneapolis - Our beautiful, modern and stylish one bedroom apartments offer stainless steel appliances and remote access thermostats. Tall ceilings with over sized windows provide tons of light throughout the unit. Building amenities include a scenic rooftop deck equipped with a fire pit and grill, 700 sq. ft. art studio, 24/7 on-site fitness center, heated garage

    Jax Apartments

    2333 Jackson St NE, Minneapolis, MN 55418
  • /78

    Starting at $1,116

    Total Monthly Price

    • Studio - 3 Beds

    550 W Lake St, Minneapolis, MN 55408

    Lakefield Apartments is a brand-new affordable living community in the heart of Lyn-Lake/Uptown, thoughtfully designed for households of all sizes. With spacious apartments and amenities that emphasize comfort and convenience, Lakefield offers an ideal home for larger households. At Lakefield, there is room to grow and enjoy a vibrant community atmosphere, making it the perfect place to thrive.

    Lakefield Apartments

    550 W Lake St, Minneapolis, MN 55408

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Why Live in Minneapolis

Minneapolis residents enjoy an exceptional park system, with the Chain of Lakes providing year-round recreation through kayaking, sailing, and cross-country skiing across 102 miles of bike lanes and 97 miles of trails. The city's cultural scene ranks second only to New York in theater seats per capita, anchored by the renowned Guthrie Theater and Walker Art Center. The restaurant scene features distinctive spots like Owamni by The Sioux Chef, which serves indigenous North American cuisine, and Spoon and Stable, known for its versatile menu ranging from bar fare to vegan dishes.

The Minneapolis housing market includes diverse options across price points. Single-family homes in Linden Hills have a median price of $875,000, while similar homes in Seward cost $335,800. Townhouses in the North Loop area have a median price of $377,500. The overall median sale price in Minneapolis is $338,000, with one-bedroom condos starting at a median price of $169,900.

Living costs in Minneapolis run 6.8% below the national average. A family with school-age children needs approximately $99,000 annually to live comfortably, while renters should aim for $54,000. Property taxes in Hennepin County stand at 1.15%, with a combined sales tax rate of 8.12%. Monthly grocery costs average $1,600 for families and $700 for renters, slightly above the national average. Housing expenses average $2,000 monthly for families and $1,900 for renters.

The city maintains excellent public transit through Metro Transit's light rail and bus system, complemented by downtown's 9.5-mile skyway system. Top-rated schools include Breck School and St. Paul Academy, both rated A+ by Niche. Major employers include Target Corporation, U.S. Bancorp, and Xcel Energy, contributing to unemployment rates consistently below national averages.

Frequently Asked Questions

How much does it cost to rent a home in Minneapolis, MN?
The median rent for a home in Minneapolis, MN is $1,900 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Minneapolis, MN?
To comfortably afford the median rent in Minneapolis, MN, a household needs to earn roughly $76,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,900 per month in Minneapolis, MN, renters typically need to show $5,700 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Minneapolis, MN?
In Minneapolis, MN, the price-to-rent ratio is 15.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Minneapolis, MN are best for renting a home?
The best neighborhood for renting in Minneapolis, MN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Elliot Park, Stevens Square, Loring Park, Whittier and Downtown West, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
228
Median Rent
$1,900
Median Single Family Home Rent
$2,350
Median Townhouse Rent
$1,995
Median Condo Rent
$1,795
How to Rent a Home

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