
Apartments for Rent in Minneapolis, MN Under $1,200 (1,146 Rentals) Page 3 of 23


Ladder 260

4225 Bloomington Ave

2709 Park Ave S

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Cedars 94

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Five15 on the Park

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Colfax Manor

Monroe Village Senior Apartments

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Bryant Manor

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Yale Place

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3541 13th

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Colfax Terrace

501 W Franklin Ave

Three-Thirty-Three Oak Grove

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Campus Apartments 700-727 University SE

2120 Garfield Avenue

Overland Apartments

29 Bryant Apartments

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Marcelle

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2417 Garfield Apartments

2100 Aldrich

Oak Grove Apartment Hotel

2120 Aldrich Ave S

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Solhaus Apartments & Tower

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Flats at Emerson

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225 Place Apartments

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The Villa Apartments

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Ellis and Louise Apartments

Blue Goose Cooperative

Garfield Apartments

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Colfax Villas I

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Knox and Lagoon Apartments

Abbott Apartments

Grove 94

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6220 W 34th St, Unit 3

Cromwell Commons

Mall Apartments

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Oak Grove Downtown

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225–233 Oak Grove – Oak Grove Downtown

The Bridges Dinkytown

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Loring Grove Apartments

Greenway Apartments

Hawthorne Gates

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22 on the River

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Bossen Park Apartments

Loring Park Flats

409 University Ave SE

Diamond Lake

2426 Blaisdell

The Parkway Apartments
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 Under $1200 | $1,324 | $635 | $2,584 |
| Minneapolis 1 Bedroom Apartments Under $1200 | $1,648 | $500 | $6,639 |
| Minneapolis 2 Bedroom Apartments Under $1200 | $2,206 | $280 | $10,000+ |
| Minneapolis 3 Bedroom Apartments Under $1200 | $2,579 | $739 | $10,000+ |
| Minneapolis 4 Bedroom Apartments Under $1200 | $2,444 | $649 | $7,625 |
| Minneapolis 5 Bedroom Apartments | $3,388 | $650 | $8,114 |
Browse Top Apartments in Minneapolis
See all Apartments in MinneapolisExplore 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 Minneapolis
How much are Studio apartments in Minneapolis?
There are currently 2,346 Studio Apartments in Minneapolis with rent ranges from $635 to $2,584 with an average price of $1,324.
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 $6,639 with an average monthly rent of $1,648.
What does renting a Two Bedroom Apartment in Minneapolis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Minneapolis range from $280 to $15,685. Today's average rental price for Two Bedrooms here is $2,206.
How expensive are Minneapolis Three Bedroom Apartments?
There are currently 680 Three Bedroom Apartments listings available in Minneapolis on ApartmentHomeLiving.com. The pricing ranges from $739 to $10,995 - averaging $2,579 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

Authentic Minneapolis: An Insider's 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.

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.

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.

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.
Articles, How-To's, and Tips

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.

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.