
New Apartments for Rent in Minneapolis, MN Under $1,200 (105 Rentals) Page 2 of 3


Alexander Apartments

Sabathani Senior Housing

The Cameron North Loop

The Hillock

Trademark Apartments

Blaise Apartments

Park & Franklin Lofts

SoPHI Apartments

The Link Minneapolis Tower
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.

Apts on Essex - West

Casablanca

2810 Park Ave

East Town Apartments

Wadaag Commons

Northside Artspace Lofts

Peregrine

The Louis

Fieldhouse

Shelby Commons
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

Student | Uncommon Dinkytown

Identity Dinkytown

Eagan Heights Apartments

Total Monthly Price
The Rosalyn | Affordable Senior 55+ Apartments in Bloomington - NOW OPEN!

Total Monthly Price
RAY

Total Monthly Price
Pivot Apartments

MODA on Raymond

The Pitch Apartments

The Lorient

Harken

Midline Apartments

Total Monthly Price
Oaks Pentagon Village

Linden & Loon

Treehouse

Total Monthly Price
Little Mod

Grand & Finn II

The Luxe

Total Monthly Price
Marshall at Finn

Marshall Suites Furnished Luxury Apartments

Selby Wilkins

Forty Forty Flats

Henley (6324-6344 Lyndale)

The Fern 55+ Apartments

The Lumin at Highland Bridge

BROWNstone Lofts

Villas of Mounds View - Age 55+

Marshall Avenue Flats

Edison Apartments

Nellie Francis Court

Restoring Waters
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 | $1,324 | $640 | $3,140 |
| Minneapolis 1 Bedroom Apartments | $1,629 | $500 | $7,259 |
| Minneapolis 2 Bedroom Apartments | $2,194 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,686 | $739 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,173 | $649 | $10,000+ |
| Minneapolis 5 Bedroom Apartments | $3,943 | $2,200 | $10,000+ |
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 $2,429.
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 $1,669 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 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.