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

Ernestine Apartments

Archer Apartments

Sabathani Senior Housing
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.

SoPHI Apartments | Spacious Studios!

The Link Minneapolis Tower

Apts on Essex - West
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.

WaHu Apartments

Northside Artspace Lofts

Student | Uncommon Dinkytown

Eagan Heights Apartments

Oaks Landing 55+ Apartments

MODA on Raymond

Total Monthly Price
Zelia on Seven
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

The Pitch Apartments

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Ratio

The Fern 55+ Apartments

Harbor at Twin Lakes 55+ Apartments

2700 University

Oxboro Heights - 55+

The Lorient

Pivot Apartments

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Liffey on Snelling

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The Nine at Lexington Station

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RAY

Blooming Meadows North

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796 Stewart Ave

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Marshall at Finn

The Luxe

Henley (6324-6344 Lyndale)

The Lumin at Highland Bridge
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 | $1,303 | $640 | $5,541 |
| Minneapolis 1 Bedroom Apartments | $1,542 | $500 | $5,800 |
| Minneapolis 2 Bedroom Apartments | $2,158 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,409 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,210 | $479 | $7,953 |
| Minneapolis 5 Bedroom Apartments | $3,443 | $2,450 | $3,895 |
Explore Minneapolis
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 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

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.

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.

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.

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

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.

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.



















