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Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.
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| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Minneapolis Studio Apartments | $1,314 | $640 | $4,609 |
| Minneapolis 1 Bedroom Apartments | $1,628 | $500 | $7,259 |
| Minneapolis 2 Bedroom Apartments | $2,202 | $469 | $10,000+ |
Minneapolis 3 Bedroom Apartments | $2,659 | $739 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,108 | $649 | $10,000+ |
| Minneapolis 5 Bedroom Apartments | $3,685 | $2,200 | $9,775 |
There are currently 3299 available 3 Bedroom apartment units from neighborhoods all over Minneapolis, MN that range in price from $739 to $14,817. Eagan Burnsvle Inner Gr Hts W St Paul, Outlying Hennepin Far Western Suburbs and Nicollet Island are the neighborhoods that currently have the most 3 Bedroom availability. Here is today's list of the top neighborhoods in Minneapolis with the most available 3 Bedroom apartments:
| Neighborhood | Available Units | Median Price | Min Price |
|---|---|---|---|
| Eagan Burnsvle Inner Gr Hts W St Paul | 84 | $2,525 | $1,570 |
| Outlying Hennepin Far Western Suburbs | 70 | $2,900 | $1,350 |
| Nicollet Island | 57 | $2,174 | $739 |
| St. Anthony West | 53 | $2,250 | $809 |
| North Minneapolis | 50 | $2,150 | $809 |
| St Anthony East | 50 | $2,325 | $739 |
| Bottineau | 46 | $2,174 | $809 |
| Sheridan | 46 | $2,200 | $809 |
| Lone Oak | 41 | $2,995 | $1,900 |
| Logan Park | 41 | $2,350 | $809 |
The largest available 3 Bedroom apartment unit in Minneapolis, MN is found at 365 Nicollet in the Greater Central neighborhood and is 2,793 square feet priced from $9,794. Rafter has the second largest 3 Bedroom, which is sized at 2,733 square feet and currently listed start at $7,558. Here is today’s list of the largest available 3 Bedroom units in Minneapolis:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| 365 Nicollet | c1 | 2,793 Sq Ft | $9,794 |
| Rafter | Ellis | 2,733 Sq Ft | $7,558 |
| 270 Hennepin | PH-D1 | 2,590 Sq Ft | $9,433 |
| Marquette Place | Penthouse | 2,572 Sq Ft | $5,187 |
| The Elysian | Poseidon | 2,454 Sq Ft | $3,250 |
| Crosby Pointe Apartments | 3 Bedroom Penthouse | 2,400 Sq Ft | $3,695 |
| LPM Apartments | 1 PH | 2,056 Sq Ft | $6,758 |
| 808 Berry Place | Three Bedroom Townhome - B | 1,794 Sq Ft | $2,993 |
| The Beach Club Residences | C3 | 1,755 Sq Ft | $4,456 |
| Riverside Homes | Quaking Aspen | 1,500 Sq Ft | $1,860 |
As of May 24, 2026 the lowest priced 3 Bedroom apartment unit in Minneapolis, MN is the C5 Model starting from $495 at Radius in the University Of Minnesota neighborhood. The second most affordable Minneapolis 3 Bedroom is the Three Bedroom 1.5 Bathrooms Model at Holmes Park Village starting at $792 in the Greater Central neighborhood. The average price for all 3 Bedroom apartments in Minneapolis is currently $2,659. Here is today’s list of the cheapest available 3 Bedroom options in Minneapolis:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Radius | C5 | $495 |
| Holmes Park Village | Three Bedroom 1.5 Bathrooms | $792 |
| Yugo Minneapolis 412 Lofts | 3 Bed, 2 Bath Classic | $809 |
| 1115 Humboldt Ave N | 3-bedroom | $1,300 |
| Town Properties | 3BR/1.0BA | $1,375 |
| Morrison Village Apartments | 3 Bedroom | $1,460 |
| Shelby Commons | 3 Bdrm | $1,536 |
| 2215 W 74th St | 3 Bed, 1 Bath | $1,570 |
| Bottineau Commons | 3 Bedroom | $1,589 |
| Cretin Court | 3 Beds, 1 bath | $1,620 |
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
Read ArticleFrom the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleThe common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Where the Mississippi and Minnesota Rivers meet, sits Minneapolis and its sister city Saint Paul. With Minneapolis having the largest population in the state and Saint Paul being the capital, these Twin Cities form the second-largest economic center of the Midwest. The area is surrounded by scenic water parks, including rivers, lakes, wetlands, and waterfalls, making it the perfect city for watersport fans. Connected by the Grand Rounds National Scenic Byway, these green spaces link together through seven districts around the city. Minneapolis is also considered a global city and a significant contributor to the world economy. With the fifth-highest number of Fortune 500 companies in the country, apartments in Minneapolis are perfect for young professionals to live.
The Twin Cities are considered the Midwest’s cultural capital with more than 60 museums, 30 stage theaters, and ten dance companies. With unique attractions, world-class dining, and miles of green spaces, it has the best of two cities for the price of one. With nearly two dozen Fortune 500 companies calling Minneapolis home, such as UnitedHealth Group, Target, and Best Buy, the local economy continues to grow. No sales tax on clothing makes shopping at the Mall of America, the largest mall in the country, that much better.
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Write a ReviewA dream city for outdoorsy types who crave an urban experience...there's nothing like a day at the lakes or hitting up the Grand Rounds. Add amazing theater (like the Guthre) and restaurants and you have the perfect urban (but not too urban) lifestyle. The cost of living is going up but still pretty reasonable compared to most cities of a similar size and with similar cultural opportunities.
Currently the most affordable 3 Bedroom in Minneapolis is at Radius listed at $495.
The average rent for a 3 Bedroom Apartment in Minneapolis is $2,659.
Today's apartment with the most square footage in Minneapolis is a 2,793 square feet unit starting from $9,794 at 365 Nicollet.
The average size for a 3 Bedroom rental in Minneapolis is currently 1,355 sq ft.
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.
Written by: Stephanie Lica
Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.
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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
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