Apartments for Rent in Minneapolis, MN Under $1,200 (1,140 Rentals)

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Mission Lofts
Rent Specials
$1,200 - $1,475
Total Monthly Price

Total Monthly Price

Base Rent
$1,150 - $1,425
Required Monthly Fees
$50

Total Monthly Price
$1,200 - $1,475
Studio to 1 Bedroom Apartments Available Now

Mission Lofts

1219 W 31st StMinneapolis, MN 55408
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The 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.

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Flux
$1,192 - $4,937
Plus Fees
Studio to 2 Bedroom Apartments Available Now

Flux

2838 Fremont Ave SMinneapolis, MN 55408
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Rym Apartments
Rent Specials
$1,190 - $1,225
Total Monthly Price

Total Monthly Price

Base Rent
$1,120 - $1,155
Required Monthly Fees
$70

Total Monthly Price
$1,190 - $1,225
Studio Apartments Available Now

Rym Apartments

309-NE Ulysses StMinneapolis, MN 55413
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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.

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Diamond Pointe Apartments
$1,155 - $1,410
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,095 - $1,350
Required Monthly Fees
$60

Total Monthly Price
$1,155 - $1,410
1 to 2 Bedroom Apartments Available Now

Diamond Pointe Apartments

6106-6116 Lyndale Ave SMinneapolis, MN 55419
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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.

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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5544/5301 Chicago Ave S
$1,110 - $1,155
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050 - $1,095
Required Monthly Fees
$60

Total Monthly Price
$1,110 - $1,155
1 Bedroom Apartments Available Now

5544/5301 Chicago Ave S

5544 Chicago AveMinneapolis, MN 55417
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430 Oak Grove
$1,100 - $2,670
Total Monthly Price

Total Monthly Price

Base Rent
$1,080 - $2,650
Required Monthly Fees
$20

Total Monthly Price
$1,100 - $2,670
Studio to 2 Bedroom Apartments Available Now

430 Oak Grove

430 Oak Grove StMinneapolis, MN 55403
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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.

Minneapolis, MN Local Guide

Quick 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.

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Pet Friendly Lifestyle
Minneapolis, MN

Ranked #1

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Minneapolis, MN Rentals by Map

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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

Minneapolis, MN Area Reviews

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  • Cost of Living
  • Safety

Stephanie4+ years in Minneapolis

February 25, 2025

A 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 2,372 Studio Apartments in Minneapolis with rent ranges from $640 to $3,391 with an average price of $1,272.

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 $6,720 with an average monthly rent of $1,550.

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 $2,162.

How expensive are Minneapolis Three Bedroom Apartments?

There are currently 640 Three Bedroom Apartments listings available in Minneapolis on ApartmentHomeLiving.com. The pricing ranges from $495 to $10,100 - averaging $2,481 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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.