
Apartments for Rent in Minneapolis, MN Under $1,200 (1,142 Rentals)


Allegro

North Creek

Total Monthly Price
3105 16th Ave S, Unit Three

617 10th Avenue SE

Total Monthly Price
1706 Como Ave SE, Unit 1

Dakar on Lake

Total Monthly Price
Revel

Bottineau on the River

2626 Fremont Ave S
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Total Monthly Price
City Place Lofts

Deco 265

Good Dwelling: Live Your Best Life!

The Gables

Lux Apartments

Total Monthly Price
The Theodore Apartments 55+

Total Monthly Price
Lake West on France

MOD42 Apartments

Minnehaha 94
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Oaks Station Place

Inspire

Total Monthly Price
Luna

Total Monthly Price
The Larking

The Argo

Total Monthly Price
Diamond Pointe Apartments

Total Monthly Price
FIT

Total Monthly Price
Como Court

Total Monthly Price
Everlake Apartments

Jax Apartments
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.

Humboldt Terrace

3700 Lyndale

3701 Lake St

Northumberland Apartments

Colony Apartment Homes

Total Monthly Price
Satori

Total Monthly Price
Oria Lakeview Apartments

The Bessemer at Seward Commons

Total Monthly Price
3530 18th Avenue

Total Monthly Price
Quarry Place
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.

Total Monthly Price
Park Pointe - Powderhorn Neighborhood

East River Plaza

Total Monthly Price
Rym Apartments

Ridgewood Arches

Total Monthly Price
The Shale

The Abbey Apartments

Total Monthly Price
Mission Lofts

CityLine Apartments

Brook Avenue Housing Cooperative

2730 Dupont Ave S
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
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 Under $1200 | $1,284 | $640 | $4,540 |
| Minneapolis 1 Bedroom Apartments Under $1200 | $1,549 | $500 | $6,500 |
| Minneapolis 2 Bedroom Apartments Under $1200 | $2,169 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments Under $1200 | $2,356 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments Under $1200 | $1,869 | $519 | $5,341 |
| Minneapolis 5 Bedroom Apartments | $3,504 | $2,200 | $4,050 |
| Minneapolis 6 Bedroom Apartments | $3,742 | $850 | $4,795 |
Browse Top Apartments in Minneapolis
See all Apartments in MinneapolisExplore Minneapolis
Minneapolis, MN Local Guide
- Minneapolis Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleEnjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The 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.
Pet Friendly LifestyleMinneapolis, MN
Ranked #1
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Minneapolis, MN Rentals by Map
See the most popular apartments and homes in Minneapolis, MN
Getting Around Minneapolis, MN
Walk Score®
75 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
83 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
52 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Minneapolis
How much are Studio apartments in Minneapolis?
There are currently 2,378 Studio Apartments in Minneapolis with rent ranges from $640 to $4,540 with an average price of $1,284.
What is the current price range for One Bedroom Minneapolis Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Minneapolis ranges from $500 to $6,500 with an average monthly rent of $1,549.
What does renting a Two Bedroom Apartment in Minneapolis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Minneapolis range from $469 to $15,685. Today's average rental price for Two Bedrooms here is $2,169.
How expensive are Minneapolis Three Bedroom Apartments?
There are currently 645 Three Bedroom Apartments listings available in Minneapolis on ApartmentHomeLiving.com. The pricing ranges from $495 to $11,318 - averaging $2,356 for the location.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

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!

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.
