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Studio Apartments for Rent in Minneapolis, MN

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  • /50

    Starting at $1,328 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
  • /102

    Starting at $1,203

    Total Monthly Price

    • Studio - 2 Beds

    500 W Lake St, Minneapolis, MN 55408

    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 Whittiers ethnically-diverse Eat Street; or, get together with friends for an unforgettable night at LynLakes famous Bryant Lake Bowl.

    Lago Apartments

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

    Starting at $1,704

    Total Monthly Price

    • Studio - 3 Beds

    3060 Harbor Ln N, Minneapolis, MN 55447

    Opening Summer 2026! 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

    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 $1,590 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 $1,456 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 $1,330

    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
  • /39

    Starting at $972

    Total Monthly Price

    • Studio - 1 Bed

    3431 Dupont Ave S, Minneapolis, MN 55408

    Charming AVID welcomes you home! We offer apartment homes full of character and style, secured entrances, 24-hour surveillance and an on-site management team. Virtual Showings available. Delivering the best of both worlds, we are located in a pocket of peace and quiet with convenient access to bike paths, bussing, and a quick commute. AVID is a smart choice for those who want all-access to

    AVID Uptown

    3431 Dupont Ave S, Minneapolis, MN 55408
  • /60

    Starting at $1,396

    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
  • /99

    Starting at $1,744

    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
  • /101

    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 $1,352

    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
  • /36

    Starting at $1,548

    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 $1,396

    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
  • /45

    Starting at $1,095 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 $1,980 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 $1,633

    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
  • /19

    Starting at $1,974

    Total Monthly Price

    • Studio - 2 Beds

    110 N 1st St, Minneapolis, MN 55401

    Living at The Archive means living in the heart of the North Loop: Walkable to the best restaurants and cocktail lounges, across the river from Northeast, and steps from riverfront trails. Locally managed by Solhem, we've created a space where location meets lifestyle. Relax in the Finnish cedar sauna, host friends in the chef's kitchen, enjoy skyline views from the rooftop, and park in heated

    The Archive

    110 N 1st St, Minneapolis, MN 55401
  • /90

    Starting at $1,535

    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 $1,137

    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
  • /51

    Starting at $1,405 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, refreshed amenities, and newly redesigned homes, 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 major

    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 $1,019 Plus Fees

    • Studio - 3 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
  • /30

    Starting at $950 Plus Fees

    • Studio

    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
  • /76

    Starting at $1,479

    Total Monthly Price

    • Studio - 1 Bed

    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 $1,068 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 citys top areas of interest, including

    Marquee

    1410 Nicollet Ave, Minneapolis, MN 55403
  • /33

    Starting at $1,834

    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
  • /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
  • /73

    Starting at $1,390

    Total Monthly Price

    • Studio - 3 Beds

    333 E Hennepin Ave, Minneapolis, MN 55414

    Rafter offers studio, one, two, and three-bedroom apartment homes and penthouses in Northeast Minneapolis, MN. Take advantage of our luxury apartment amenities like wood plank flooring, quartz countertops, stainless steel Whirlpool appliances, and private balconies with breathtaking views of Northeast Minneapolis at Rafter. We also provide the perfect pet-friendly apartment community. With our

    Rafter

    333 E Hennepin Ave, Minneapolis, MN 55414
  • /62

    Starting at $1,347

    Total Monthly Price

    • Studio - 2 Beds

    455 Central Ave SE, Minneapolis, MN 55414

    Hencen Apartments is a highly-anticipated collection of one and two bedroom homes authentic to Northeast Minneapolis, located at the crossroads of Hennepin and Central Avenues. Many people are attracted to this neighborhood because of the well-established scene of restaurants, bars, music stores, art galleries and boutiques.The building’s architecture and interior design are distinct and modern,

    Hencen

    455 Central Ave SE, Minneapolis, MN 55414
  • /27

    Starting at $1,653

    Total Monthly Price

    • Studio - 2 Beds

    313 Washington Ave S, Minneapolis, MN 55415

    Grand Mill District Apartments offers modern convenience and urban sophistication in downtown Minneapolis.Our pet-friendly community offers studio, one, & two bedroom floor plans featuring wood-style flooring, quartz countertops, and full-sized in-unit laundry. Outside your door, enjoy a spacious rooftop lounge, resort-style pool, and Minneapolis' largest bark park.Live steps from upscale dining,

    The Grand Mill District

    313 Washington Ave S, Minneapolis, MN 55415
  • /21

    Starting at $1,160 Plus Fees

    • Studio - 2 Beds

    2934 Bryant Ave S, Minneapolis, MN 55408

    Perfectly positioned along the Midtown Greenway, 29Bryant was designed for people who want to experience more of Minneapolis with less time behind the wheel. Walk to neighborhood cafés, local restaurants, breweries, boutiques, and entertainment, or hop on your bike and explore the Chain of Lakes, downtown, and beyond from one of the city's most connected locations.Inside, you'll

    29 Bryant Apartments

    2934 Bryant Ave S, Minneapolis, MN 55408
  • /17

    Starting at $1,417

    Total Monthly Price

    • Studio - 2 Beds

    2837 Emerson Ave S, Minneapolis, MN 55408

    An elevated lifestyle deserves luxurious surroundings. With high style and unparalleled amenities, our apartments and townhomes provide an impressive setting for upscale living. Live in a spacious studio, 1, or 2-bedroom apartment featuring stunning layouts and high-end editions like designer lighting, granite countertops, and glass tile backsplashes. Relax at in the luxury pool, or host your

    Inspire

    2837 Emerson Ave S, Minneapolis, MN 55408
  • /94

    Starting at $1,364

    Total Monthly Price

    • Studio - 2 Beds

    608 N 3rd St, Minneapolis, MN 55403

    Welcome to Hall Lofts, where historic character meets modern loft living in the heart of Minneapolis' North Loop. Originally home to the iconic Our Own Hardware Hall, The Hall Lofts has been thoughtfully restored to preserve the building's history and charm. Distinctive loft-style apartment homes feature soaring ceilings, oversized windows, and contemporary finishes. Thoughtfully curated

    The Hall Lofts

    608 N 3rd St, Minneapolis, MN 55403
  • /58

    Starting at $850

    Total Monthly Price

    • Studio - 2 Beds

    22 27th Ave SE, Minneapolis, MN 55414

    An exceptional variety of floor plans assures that you will find a home that satisfies your needs: we offer studios, 2-level urban “townhouses”, 1 & 2 bdrm units. Each design incorporates all the features you would expect in a luxury home. Some homes open to their own private ground-level pocket garden, deck or rooftop terrace. Most units have extraordinary views of the Mississippi and of the

    22 on the River

    22 27th Ave SE, Minneapolis, MN 55414
  • /99

    Starting at $1,398 Plus Fees

    • Studio - 2 Beds

    240 Chicago Ave, Minneapolis, MN 55415

    East End Apartments is located on the corner of Washington Ave and Chicago Ave in Downtown East Minneapolis with direct access to Trader Joe’s and Starbucks. Our residents enjoy their close proximity to attractions such as the Guthrie Theater, U.S. Bank Stadium, The Commons, Gold Medal Park, and Stone Arch Bridge. Our homes and amenities are tailored to those who want to step away from the

    East End

    240 Chicago Ave, Minneapolis, MN 55415
  • /45

    Starting at $1,460

    Total Monthly Price

    • Studio - 2 Beds

    600 S 5th Ave, Minneapolis, MN 55415

    Modern designs, elegant finishes, and modern amenities are waiting for you at Sora. Our upscale apartments in Minneapolis, MN come in studio, one, or two-bedroom layouts that are spacious and adaptable. A variety of interior luxuries adorn them, including a modern-style kitchen, in-unit washer and dryers, walk-in closets, and more. As a resident of our pet-friendly community, you will also have

    Sora

    600 S 5th Ave, Minneapolis, MN 55415
  • /34

    Starting at $1,558

    Total Monthly Price

    • Studio - 3 Beds

    700 N 4th St, Minneapolis, MN 55415

    Live in a luxury, brand new studio, one, or two-bedroom home at 4th & Park Apartments in Minneapolis's Downtown East neighborhood. Enjoy the ultimate downtown lifestyle in a vibrant area with a skyway connection to Bank Stadium, Target Center, City Center, and much more! You'll also live above The Commons Community Park, The Armory, and several renowned restaurants. Be the first to move into your

    4th and Park

    700 N 4th St, Minneapolis, MN 55415
  • /24

    Starting at $820 Plus Fees

    • Studio

    814-816 Hennepin Ave, Minneapolis, MN 55403

    Stage Apartments is a newly renovated building that was formerly the home of the legendary Cafe DiNapoli Italian Restaurant. In 2008 it was completely renovated from top to bottom. At Stage Apartments, you will find a comfortable and convenient style of living. All of our apartments are New York Style studios with high ceilings, stainless-steel appliances, hardwood in the kitchen area and all

    Stage Apartments, LLC

    814-816 Hennepin Ave, Minneapolis, MN 55403

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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 $1,995 per month, though prices vary by neighborhood, size, and property type. As of August 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 $79,800 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 $1,995 per month in Minneapolis, MN, renters typically need to show $5,985 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 14.6, 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
207
Median Rent
$1,995
Median Single Family Home Rent
$2,397
Median Townhouse Rent
$2,050
Median Condo Rent
$1,800
How to Rent a Home