
Apartments for Rent in Minneapolis, MN Under $1,200 (1,140 Rentals) Page 5 of 23


Shoreline Plaza

Total Monthly Price
The Arrow Apartments

The Quad on Delaware

Total Monthly Price
The Marshall

Total Monthly Price
Accolade Minneapolis

Total Monthly Price
University Village

Yugo Minneapolis 412 Lofts

Allianze Sr. Community

Total Monthly Price
Bierman Place

Yugo The Sydney at Dinkytown

3118 Pleasant Ave

2740 Pleasant Ave

Rex Development

2810 Park Ave

3718 Oakland Ave S

2630 Essex St SE

962 29th Ave NE

3625 Aldrich Ave S, Unit 301

3245 3rd Ave S

3318 N Penn Ave

4201 3rd St NE

3308 Girard Ave S, Unit 101

8801 W 35th St

3705 Chicago Ave

1 1/2 E 26th St

3300 Grand Ave S

220 E 19th St

3841 N Thomas Ave

3101 Dupont Ave S

3455 Chicago Ave, Unit 2

431 S 7th St

2876 Humboldt Ave S

701 5th St SE

3255 20th Ave S

1316 7th St SE

617 10th Avenue SE

Swedish House Apartments

Amp House

Archer Apartments

409 7th St

1040 Como Ave SE

3927 W Broadway Ave

The Larking

3411 Hennepin Ave S

3116 Girard Apartments

1207 W. 25th St.

The Hive

KAH Properties - 350 Building

2446 Colfax Ave S
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 | $1,317 | $640 | $3,311 |
| Minneapolis 1 Bedroom Apartments Under $1200 | $1,630 | $500 | $7,259 |
| Minneapolis 2 Bedroom Apartments Under $1200 | $2,196 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments Under $1200 | $2,665 | $739 | $10,000+ |
| Minneapolis 4 Bedroom Apartments Under $1200 | $2,028 | $649 | $10,000+ |
| Minneapolis 5 Bedroom Apartments | $3,367 | $2,200 | $8,668 |
Browse Top Apartments in Minneapolis
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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 2,374 Studio Apartments in Minneapolis with rent ranges from $640 to $3,311 with an average price of $1,317.
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 $7,259 with an average monthly rent of $1,630.
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 $17,116. Today's average rental price for Two Bedrooms here is $2,196.
How expensive are Minneapolis Three Bedroom Apartments?
There are currently 662 Three Bedroom Apartments listings available in Minneapolis on ApartmentHomeLiving.com. The pricing ranges from $739 to $14,500 - averaging $2,665 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

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.