Top Rated Apartments for Rent in Minneapolis, MN Under $1,200 (145 Rentals)

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Apartments in Minneapolis with the best features, newest construction, and richest amenities.

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Odie Apartments
$1,200 - $1,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,145 - $1,645
Required Monthly Fees
$55

Total Monthly Price
$1,200 - $1,700
Studio to 2 Bedroom Apartments Available Now

Odie Apartments

607 W 28th StMinneapolis, MN 55408
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Broadway Flats
Rent Specials
$1,199 - $1,354
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,350
Required Monthly Fees
$4

Total Monthly Price
$1,199 - $1,354
Studio to 2 Bedroom Apartments Available Now

Broadway Flats

2505 Penn Ave NMinneapolis, MN 55411
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1325 West 27th St
$1,150
Total Monthly Price

Total Monthly Price

Base Rent
$995
Required Monthly Fees
$155

Total Monthly Price
$1,150
1 Bedroom Apartments Available Now

1325 West 27th St

1325 W 27th StMinneapolis, MN 55408
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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.

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Nox Apartments
Rent Specials
$1,111 - $1,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,056 - $1,595
Required Monthly Fees
$55

Total Monthly Price
$1,111 - $1,650
Studio to 2 Bedroom Apartments Available Now

Nox Apartments

2703 Girard Ave SMinneapolis, MN 55408
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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.

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Rosa Apartments | MPLS
Rent Specials
$1,075 - $2,445
Total Monthly Price

Total Monthly Price

Base Rent
$1,025 - $2,395
Required Monthly Fees
$50

Total Monthly Price
$1,075 - $2,445
Studio to 3 Bedroom Apartments Available Now

Rosa Apartments | MPLS

4201 Nicollet AveMinneapolis, MN 55409
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Flats at Malcolm Yards
Rent Specials
$1,071 - $1,739
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,067 - $1,735
Required Monthly Fees
$4

Total Monthly Price
$1,071 - $1,739
1 to 2 Bedroom Apartments Available Now

Flats at Malcolm Yards

505 SE Malcolm AveMinneapolis, MN 55414
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Everlake Apartments
$1,050 - $2,035
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050 - $2,035

Total Monthly Price
$1,050 - $2,035
Studio to 2 Bedroom Apartments Available Now

Everlake Apartments

2615 E 29th StMinneapolis, MN 55406
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2121 Hennepin Ave S
$1,050 - $1,150
Total Monthly Price

Total Monthly Price

Base Rent
$895 - $995
Required Monthly Fees
$155

Total Monthly Price
$1,050 - $1,150
Studio to 1 Bedroom Apartments Available Now

2121 Hennepin Ave S

2121 Hennepin AveMinneapolis, MN 55405
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Oaks Hiawatha Station
Rent Specials
$1,034 - $2,037
Total Monthly Price

Total Monthly Price

Base Rent
$1,017 - $2,020
Required Monthly Fees
$17

Total Monthly Price
$1,034 - $2,037
Studio to 2 Bedroom Apartments Available Now

Oaks Hiawatha Station

4540 Snelling AveMinneapolis, MN 55406
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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.

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2001 Bryant Ave S
$1,015 - $1,470
Total Monthly Price

Total Monthly Price

Base Rent
$875 - $1,330
Required Monthly Fees
$140

Total Monthly Price
$1,015 - $1,470
Studio to 2 Bedroom Apartments Available Now

2001 Bryant Ave S

2001 Bryant Ave SMinneapolis, MN 55405
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Overland Apartments
Rent Specials
$1,000 - $2,315
Total Monthly Price

Total Monthly Price

Base Rent
$945 - $2,260
Required Monthly Fees
$55

Total Monthly Price
$1,000 - $2,315
Studio to 2 Bedroom Apartments Available Now

Overland Apartments

2325 E 38th St EMinneapolis, MN 55406
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29 Bryant Apartments
Rent Specials
$1,000 - $1,700
Total Monthly Price

Total Monthly Price

Base Rent
$945 - $1,645
Required Monthly Fees
$55

Total Monthly Price
$1,000 - $1,700
Studio to 2 Bedroom Apartments Available Now

29 Bryant Apartments

2934 Bryant Ave SMinneapolis, MN 55408
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LaSalle Apartments
$1,000 - $1,644
Total Monthly Price

Total Monthly Price

Base Rent
$985 - $1,629
Required Monthly Fees
$15

Total Monthly Price
$1,000 - $1,644
Studio to 1 Bedroom Apartments Available Jan 9, 2026

LaSalle Apartments

36 S 9th StMinneapolis, MN 55402
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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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Isles East
$975
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$895
Required Monthly Fees
$80

Total Monthly Price
$975
Studio Apartments Contact Us For Availability

Isles East

1101-1105 W 28th StMinneapolis, MN 55408
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Cedars 94
Rent Specials
$964 - $1,826
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$959 - $1,821
Required Monthly Fees
$5

Total Monthly Price
$964 - $1,826
Studio to 2 Bedroom Apartments Available Now

Cedars 94

2220 E Franklin AveMinneapolis, MN 55404
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Portage Apartments
$925 - $995
Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$925 - $995

Total Monthly Price
$925 - $995
Studio Apartments Available Now

Portage Apartments

3146 W Bde Maka Ska BlvdMinneapolis, MN 55416
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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

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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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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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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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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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!

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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 Minneapolis

How much are Studio apartments in Minneapolis?

There are currently 2,368 Studio Apartments in Minneapolis with rent ranges from $479 to $5,541 with an average price of $2,408.

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 $5,800 with an average monthly rent of $1,540.

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 $2,156.

How expensive are Minneapolis Three Bedroom Apartments?

There are currently 652 Three Bedroom Apartments listings available in Minneapolis on ApartmentHomeLiving.com. The pricing ranges from $495 to $10,001 - averaging $2,408 for the location.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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!