New Apartments for Rent in Minneapolis, MN Under $1,200 (117 Rentals)

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Rosa
Rent Specials
$1,200 - $2,795
Plus Fees18 Month Lease Term
Built in 2022Studio to 3 Bedroom Apartments Available Now

Rosa

4201 Nicollet AveMinneapolis, MN 55409
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North Creek
$1,200 - $1,931
Plus Fees12 Month Lease Term
Built in 20251 to 3 Bedroom Apartments Contact Us For Availability

North Creek

560 Humboldt Ave NMinneapolis, MN 55405
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  • Low Income
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Lake Street Dwelling
Rent Specials
$1,200 - $1,734
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,196 - $1,730
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2020Studio to 2 Bedroom Apartments Available Now

Lake Street Dwelling

410-510 W Lake StMinneapolis, MN 55408
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The Whit
Rent Specials
$1,190 - $3,090
Plus Fees
Built in 2017Studio to 1 Bedroom Apartments Available Now

The Whit

2201 Blaisdell AveMinneapolis, MN 55404
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B-Side
Rent Specials
$1,180 - $1,730
Total Monthly Price

Total Monthly Price

Base Rent
$1,165 - $1,715
Required Monthly Fees
$15

Total Monthly Price
$1,180 - $1,730
Built in 2021Studio to 2 Bedroom Apartments Available Now

B-Side

3027 22nd Ave SMinneapolis, MN 55407
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  • Low Income
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The Bessemer at Seward Commons
Rent Specials
$1,173 - $2,032
Total Monthly Price

Total Monthly Price

Base Rent
$1,165 - $2,024
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2022Studio to 2 Bedroom Apartments Available Now

The Bessemer at Seward Commons

2220 Snelling AveMinneapolis, MN 55404
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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CityLine
$1,136 - $1,817
Total Monthly Price

Total Monthly Price

Base Rent
$1,136 - $1,817

Total Monthly Price
Varies
Built in 2022Studio to 1 Bedroom Apartments Available Now

CityLine

3815 Hiawatha AveMinneapolis, MN 55406
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The Redwell
Rent Specials
$1,125 - $1,295
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,125 - $1,295

Total Monthly Price
Varies
Built in 2020Studio to 1 Bedroom Apartments Available Now

The Redwell

1020 3rd St NMinneapolis, MN 55401
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  • Low Income
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Miro
Rent Specials
$1,125 - $1,904
Total Monthly Price

Total Monthly Price

Base Rent
$1,125 - $1,904

Total Monthly Price
Varies
Built in 2024Studio to 1 Bedroom Apartments Available Now

Miro

1207 Glenwood AveMinneapolis, MN 55405
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Rafter
Rent Specials
$1,123 - $4,506
Plus Fees
Built in 2019Studio to 3 Bedroom Apartments Available Now

Rafter

333 E Hennepin AveMinneapolis, MN 55414
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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.

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The Central
Rent Specials
$1,113 - $1,673
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,108 - $1,668
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2018Studio to 3 Bedroom Apartments Available Now

The Central

3503 2nd Ave SMinneapolis, MN 55408
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Canvas Apartments
$1,101 - $2,326
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,097 - $2,322
Required Monthly Fees
$4

Total Monthly Price
$1,101 - $2,326
Built in 20241 to 3 Bedroom Apartments Available Now

Canvas Apartments

2301 NE California StMinneapolis, MN 55418
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Daymark Uptown
Rent Specials
$1,088 - $6,908
Total Monthly Price

Total Monthly Price

Base Rent
$1,080 - $6,900
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2020Studio to 2 Bedroom Apartments Available Now

Daymark Uptown

1455 W Lake StMinneapolis, MN 55408
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1500 Nicollet
Rent Specials
$1,075 - $2,887
Total Monthly Price

Total Monthly Price

Base Rent
$1,070 - $2,882
Required Monthly Fees
$5

Total Monthly Price
$1,075 - $2,887
Built in 2019Studio to 3 Bedroom Apartments Available Now

1500 Nicollet

1500 Nicollet Ave SMinneapolis, MN 55403
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  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Satori Apartments
Rent Specials
$1,073 - $1,925
Total Monthly Price

Total Monthly Price

Base Rent
$1,068 - $1,920
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 20231 to 2 Bedroom Apartments Available Now

Satori Apartments

835 W Broadway AveMinneapolis, MN 55411
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The Asher
Rent Specials
$1,060 - $2,920
Plus Fees12 Month Lease Term
Built in 2020Studio to 2 Bedroom Apartments Available Now

The Asher

1125 Lagoon AveMinneapolis, MN 55408
Corporate Housing
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Timber & Tie
Rent Specials
$1,030 - $1,615
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,025 - $1,610
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2021Studio to 4 Bedroom Apartments Available Now

Timber & Tie

900 14th Ave NEMinneapolis, MN 55413
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The Theodore Apartments 55+
Rent Specials
$1,021 - $1,438
Total Monthly Price

Total Monthly Price

Base Rent
$1,017 - $1,434
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 20231 to 2 Bedroom Apartments Available Now

The Theodore Apartments 55+

2840 N Wayzata BlvdMinneapolis, MN 55405
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22 on the River
Rent Specials
$850 - $2,594
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$850 - $2,594

Total Monthly Price
$850 - $2,594
Built in 2016Studio to 2 Bedroom Apartments Available Now

22 on the River

22 27th Ave SEMinneapolis, MN 55414
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Hub Minneapolis
Rent Specials
$675 - $2,115
Total Monthly Price

Total Monthly Price

Base Rent
$675 - $2,115

Total Monthly Price
Varies
Built in 2018Studio to 4 Bedroom Apartments Available Now

Hub Minneapolis

311 Harvard St SEMinneapolis, MN 55414
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The Arrow Apartments
$632 - $1,993
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$589 - $1,950
Required Monthly Fees
$43

Total Monthly Price
$632 - $1,993
Built in 2018Studio to 4 Bedroom Apartments Available Now

The Arrow Apartments

117 27th Ave SEMinneapolis, MN 55414
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Accolade Minneapolis
$580 - $1,454
Total Monthly Price11 Month Lease Term

Total Monthly Price

Base Rent
$580 - $1,454

Total Monthly Price
$580 - $1,454
Built in 2025Studio to 4 Bedroom Apartments Available Now

Accolade Minneapolis

2650 University AveMinneapolis, MN 55414
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1040 Como Ave SE
Built in 2021Studio to 1 Bedroom Apartments

1040 Como Ave SE

1040 Como Ave SEMinneapolis, MN 55414
  • Utilities Included
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617 10th Avenue SE
Built in 20181 to 4 Bedroom Apartments

617 10th Avenue SE

617 10th Ave SEMinneapolis, MN 55414
Student Housing
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Amp House
Built in 20201 Bedroom Apartments

Amp House

3251 S Garfield AveMinneapolis, MN 55408
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The Larking
Built in 2021Studio to 3 Bedroom Apartments

The Larking

615 S 8th StMinneapolis, MN 55404
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Good Dwelling
Built in 20191 to 2 Bedroom Apartments

Good Dwelling

2640 Nicollet AveMinneapolis, MN 55408

Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes

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.

Minneapolis, MN Local Guide

Enjoy 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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From 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.

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

Explore Minneapolis, MN Rentals by Map

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Minneapolis, MN Area Reviews

  • Parks
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  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • 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 New Minneapolis Apartments

What is the Cheapest New apartment in Minneapolis?

Currently the most affordable New Apartment in Minneapolis is at Accolade Minneapolis listed at $580.

How much is the average rent for a New Minneapolis Apartment?

The average rent for a New Apartment in Minneapolis is $2,398.

What is the largest New Minneapolis Apartment for rent?

Today's New apartment with the most square footage in Minneapolis is a 2,889 square feet unit starting from $1,619 at Nordhaus Apartment Homes.

What is the average size for Minneapolis New Apartments for rent?

The average size for a New rental in Minneapolis is currently at 571 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

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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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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.

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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.

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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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.