Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Minneapolis Studio Apartments | $1,316 | $635 | $2,544 |
| New Minneapolis 1 Bedroom Apartments | $1,613 | $500 | $6,629 |
| New Minneapolis 2 Bedroom Apartments | $2,173 | $280 | $10,000+ |
| New Minneapolis 3 Bedroom Apartments | $2,568 | $437 | $10,000+ |
| New Minneapolis 4 Bedroom Apartments | $2,538 | $649 | $7,159 |
| Minneapolis 5 Bedroom Apartments | $3,158 | $650 | $6,331 |
If you’re an expert on all things Minneapolis, tell us what you love (and don't) by rating it and writing a review.
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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 New Apartment in Minneapolis is at Allianze Sr. Community listed at $500.
The average rent for a New Apartment in Minneapolis is $2,324.
Today's New apartment with the most square footage in Minneapolis is a 3,267 square feet unit starting from $1,632 at The Bower.
The average size for a New rental in Minneapolis is currently at 563 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
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.
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
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, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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