
3 Bedroom Apartments for Rent in Minneapolis, MN Under $5,400 (295 Rentals) Page 2 of 6


Peregrine

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2209 Pleasant, Llc

Riverside Homes

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Mount Royal Apartments

Blue Goose Cooperative

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1115 Humboldt Ave N

Park Plaza

Minnehaha 94

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3546 Harriet Ave, Unit 3546
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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3449 Longfellow Ave, Unit 1

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4136 Girard Ave N, Unit 4136

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2707 Delaware St SE, Unit 2707

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4406-1 Nicollet Ave, Unit 1

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2117 Bryant Ave S, Unit 2

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1422 26th Ave N, Unit 3

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1715 Como Ave SE, Unit 2

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1014 17th Ave SE, Unit 1

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2709 Delaware St SE, Unit 2

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2409 Fremont Ave S, Unit 13
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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4242 S 15th Ave, Unit 1

3500 Kyle Ave N

4248 Regent Ave N

716 Elwood Ave N

809 Weeks Ave SE

1115 N 33rd Ave

1512 Park Ave

2314 N Sheridan Ave

5827 Winnetka Ave N
Minneapolis's Best Affordable Neighborhoods
Learn about Minneapolis, MN and the best places to live with original content written by our Minneapolis Local Expert Stephanie Lica

329 N 30th Ave

5900 Cedar Lk Rd S

1326 Monroe St NE

3326 Fremont Ave N

3220 Grimes Ave N

3035 Irving Ave S

1708 E 34th St

3109 Wendhurst Ave

3910-3912 Thomas Ave S

3316 3rd Ave S

910 N Oliver Ave

3118 N Morgan Ave

2918 N Girard Ave

6310 Vernon Ave S

317 4th Ave SE

3137 16th Ave S

3832 20th Ave S

808 SE 9th Ave

2807 N 3rd St

1425 6th St SE
Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Minneapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Minneapolis Studio Apartments | $1,303 | $640 | $5,541 |
| Minneapolis 1 Bedroom Apartments | $1,542 | $500 | $5,800 |
| Minneapolis 2 Bedroom Apartments | $2,158 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,409 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,210 | $479 | $7,953 |
| Minneapolis 5 Bedroom Apartments | $3,443 | $2,450 | $3,895 |
Explore Minneapolis
Minneapolis, MN Area Reviews
Stephanie • 4+ years in Minneapolis
February 25, 2025A 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.
Frequently Asked Questions about 3 Bedroom Minneapolis Apartments
What is the Cheapest apartment in Minneapolis with 3 Bedroom?
Currently the most affordable 3 Bedroom in Minneapolis is at Radius listed at $495.
How much is the average rent for a 3 Bedroom Minneapolis Apartment?
The average rent for a 3 Bedroom Apartment in Minneapolis is $2,409.
What is the largest available 3 Bedroom Minneapolis Apartment for rent?
Today's apartment with the most square footage in Minneapolis is a 2,793 square feet unit starting from $9,073 at 365 Nicollet.
What is the average size for Minneapolis 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Minneapolis is currently 1,670 sq ft.
Expert Rental Resources
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.
Helpful Local Expert Guides

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
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.

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes
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.
Articles, How-To's, and Tips

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!Â

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
