New Apartments for Rent in Minneapolis, MN Under $1,200 (110 Rentals) Page 2 of 3

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The Hive
Built in 20161 to 3 Bedroom Apartments

The Hive

113 E 26th StMinneapolis, MN 55404
Student Housing
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Ernestine Apartments
Built in 2024Studio to 3 Bedroom Apartments

Ernestine Apartments

187 Humboldt Ave NMinneapolis, MN 55405
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The Serene
Built in 2020Studio to 2 Bedroom Apartments

The Serene

829 NE Marshall StMinneapolis, MN 55413
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801 8th St SE
Built in 2017Studio to 4 Bedroom Apartments

801 8th St SE

801 8th St SEMinneapolis, MN 55414
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Archer Apartments
Built in 2018Studio to 1 Bedroom Apartments

Archer Apartments

401 University Ave SEMinneapolis, MN 55414
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Moerty Apartments
Built in 2020Studio to 1 Bedroom Apartments

Moerty Apartments

821 6th Ave SEMinneapolis, MN 55414
  • Utilities Included
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Lume
Built in 2019Studio to 2 Bedroom Apartments

Lume

408 4th St SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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Sabathani Senior Housing
Built in 2022Studio to 2 Bedroom Apartments

Sabathani Senior Housing

3701 3rd AveMinneapolis, MN 55409
Senior Living
  • Utilities Included
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Blaise Apartments
Built in 2021Studio Apartments

Blaise Apartments

2645 S 1st AveMinneapolis, MN 55408
Corporate Housing
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The Hillock
Built in 2022Studio to 2 Bedroom Apartments

The Hillock

4440 Snelling AveMinneapolis, MN 55406
Senior Living
  • Utilities Included

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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PERIS Hill
Built in 2021Studio to 1 Bedroom Apartments

PERIS Hill

1930 Hennepin Ave SMinneapolis, MN 55403
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Trademark Apartments
Built in 2020Studio Apartments

Trademark Apartments

1119 4th St SEMinneapolis, MN 55414
  • Utilities Included
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The Midwell
Built in 2023Studio to 3 Bedroom Apartments

The Midwell

2835 11th Ave SMinneapolis, MN 55407
  • Utilities Included
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Apts on Essex - West
Built in 2017Studio to 2 Bedroom Apartments

Apts on Essex - West

2618 Essex St SEMinneapolis, MN 55414
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PURE Lowry
Built in 2020Studio to 2 Bedroom Apartments

PURE Lowry

2000 Lyndale AveMinneapolis, MN 55405
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Casablanca
Built in 20181 Bedroom Apartments

Casablanca

4711 Nicollet Ave SMinneapolis, MN 55419
  • Utilities Included
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The Cameron North Loop
Built in 2016Studio to 2 Bedroom Apartments

The Cameron North Loop

756 N 4th StMinneapolis, MN 55401
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2810 Park Ave
Built in 2021Studio Apartments

2810 Park Ave

2810 Park Ave SMinneapolis, MN 55407
Student Housing

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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East Town Apartments
Built in 2020Studio to 3 Bedroom Apartments

East Town Apartments

618 S 9th StMinneapolis, MN 55404
  • Utilities Included
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WaHu Apartments
Built in 2015Studio to 4 Bedroom Apartments

WaHu Apartments

1000 Washington Ave SEMinneapolis, MN 55414
Student Housing
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Northside Artspace Lofts
Built in 2021Studio to 3 Bedroom Apartments

Northside Artspace Lofts

229 N Irving AveMinneapolis, MN 55405
  • Utilities Included
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Fieldhouse
Built in 2023Studio to 5 Bedroom Apartments

Fieldhouse

805 15th Ave SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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Identity Dinkytown
Built in 2023Studio to 5 Bedroom Apartments

Identity Dinkytown

407 15th AveMinneapolis, MN 55414
Student Housing
  • Utilities Included
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Zelia on Seven
Rent Specials
$1,184 - $4,839
Total Monthly Price

Total Monthly Price

Base Rent
$1,180 - $4,835
Required Monthly Fees
$4

Total Monthly Price
$1,184 - $4,839
Built in 2022Studio to 3 Bedroom Apartments Available Now

Zelia on Seven

5855 Highway 7St. Louis Park, MN 55416
Luxury
  • Verified
  • Customer Reviewed

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

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Ratio
$1,177 - $3,515
Total Monthly Price

Total Monthly Price

Base Rent
$1,072 - $3,410
Required Monthly Fees
$105

Total Monthly Price
$1,177 - $3,515
Built in 2022Studio to 3 Bedroom Apartments Available Now

Ratio

909 Gould Ave NEColumbia Heights, MN 55421
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Liffey on Snelling
$1,097 - $1,744
Total Monthly Price

Total Monthly Price

Base Rent
$1,097 - $1,744

Total Monthly Price
$1,097 - $1,744
Built in 2022Studio to 2 Bedroom Apartments Available Now

Liffey on Snelling

304 Snelling Ave NSt. Paul, MN 55104
Pet Friendly
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  • 3D Tour
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The Nine at Lexington Station
$1,095 - $3,001
Total Monthly Price

Total Monthly Price

Base Rent
$1,035 - $2,941
Required Monthly Fees
$60

Total Monthly Price
$1,095 - $3,001
Built in 2024Studio to 2 Bedroom Apartments Available Now

The Nine at Lexington Station

411-417 Lexington Pky NSt. Paul, MN 55104
Student Housing
  • Verified
  • 3D Tour
  • Smoke Free
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RAY
$1,058 - $1,465
Total Monthly Price

Total Monthly Price

Base Rent
$1,058 - $1,465

Total Monthly Price
$1,058 - $1,465
Built in 2017Studio Apartments Available Now

RAY

2323 Charles AveSt. Paul, MN 55114
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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796 Stewart Ave
$925
Total Monthly Price

Total Monthly Price

Base Rent
$850
Required Monthly Fees
$75

Total Monthly Price
$925
Built in 20251 Bedroom Apartments Available Now

796 Stewart Ave

796 Stewart AveSt. Paul, MN 55102
Student Housing
  • Verified
  • Low Income
  • Smoke Free
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Marshall at Finn
$885 - $915
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$885 - $915

Total Monthly Price
$885 - $915
Built in 20213 to 4 Bedroom Apartments Available Now

Marshall at Finn

2127 Marshall AveSt. Paul, MN 55104
Student Housing
  • Verified
  • Utilities Included
  • Smoke Free
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BROWNstone Lofts
Built in 20171 to 2 Bedroom Apartments

BROWNstone Lofts

839 University Ave WSt. Paul, MN 55104
  • Utilities Included
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The Grove
Built in 2019Studio to 3 Bedroom Apartments

The Grove

246-258 Snelling AveSt. Paul, MN 55105
Student Housing
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Selby Wilkins
Built in 20232 to 3 Bedroom Apartments

Selby Wilkins

180 Milton St NSt. Paul, MN 55104
  • Utilities Included

Minneapolis, MN Area Reviews

  • Parks
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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 $2,334.

What is the largest New Minneapolis Apartment for rent?

Today's New apartment with the most square footage in Minneapolis is a 3,450 square feet unit starting from $2,150 at The Lakes Residences.

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

The average size for a New rental in Minneapolis is currently at 563 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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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.

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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.

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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.