New Apartments for Rent in Minneapolis, MN Under $1,300 (152 Rentals) Page 2 of 4

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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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Rose
$725 - $1,695
Plus Fees1 Month Lease Term
Built in 2015Studio to 3 Bedroom Apartments Available Oct 7

Rose

1928 Portland AveMinneapolis, MN 55404
Affordability
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  • Matterport 3D Tour
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Peregrine
$691 - $2,968
Plus Fees12 Month Lease Term
Built in 20231 to 4 Bedroom Apartments Contact Us For Availability

Peregrine

2035 W River RdMinneapolis, MN 55411
Cost Per Sq.Ft.
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  • Low Income
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Hub Minneapolis
$655 - $1,480
Total Monthly Price11 Month Lease Term

Total Monthly Price

Base Rent
$655 - $1,480

Total Monthly Price
$655 - $1,480
Built in 2018Studio to 2 Bedroom Apartments Available Now

Hub Minneapolis

311 Harvard St SEMinneapolis, MN 55414
Student Housing
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Accolade Minneapolis
Rent Specials
$580 - $1,450
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$580 - $1,450

Total Monthly Price
$580 - $1,450
Built in 2025Studio to 4 Bedroom Apartments Available Now

Accolade Minneapolis

2650 University AveMinneapolis, MN 55414
Student Housing
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  • Customer Reviewed
  • Utilities Included
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Archer Apartments
Built in 2018Studio to 1 Bedroom Apartments

Archer Apartments

401 University Ave SEMinneapolis, MN 55414
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Gibson Apartments
Built in 2020Studio to 2 Bedroom Apartments

Gibson Apartments

703 NE Central AveMinneapolis, MN 55414

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.

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Laurel and Olive
Built in 2024Studio to 2 Bedroom Apartments

Laurel and Olive

3136 Minnehaha AveMinneapolis, MN 55406
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Olson Park Apartments
Built in 20211 to 4 Bedroom Apartments

Olson Park Apartments

1301 Olson Memorial HwyMinneapolis, MN 55405
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Wangstad Commons
Built in 20241 to 4 Bedroom Apartments

Wangstad Commons

6101 Brooklyn Blvd NMinneapolis, MN 55429
  • Utilities Included
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Prox31
Built in 2018Studio Apartments

Prox31

3823 W 31st StMinneapolis, MN 55416
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The Redwell
Built in 2020Studio to 2 Bedroom Apartments

The Redwell

1020 3rd St NMinneapolis, MN 55401
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Apt on Essex - East
Built in 2019Studio to 2 Bedroom Apartments

Apt on Essex - East

2630 SE Essex StMinneapolis, MN 55414
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Ox-Op Apartments
Built in 2020Studio to 2 Bedroom Apartments

Ox-Op Apartments

1111 S Washington AveMinneapolis, MN 55415
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The Louis
Built in 20191 to 3 Bedroom Apartments

The Louis

3001 4th StMinneapolis, MN 55414
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The Theodore Apartments 55+
Built in 20231 to 2 Bedroom Apartments

The Theodore Apartments 55+

2840 N Wayzata BlvdMinneapolis, MN 55405
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Verso
Built in 2021Studio to 2 Bedroom Apartments

Verso

110 6th Ave NEMinneapolis, MN 55413

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

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The Hive
Built in 20161 to 3 Bedroom Apartments

The Hive

113 E 26th StMinneapolis, MN 55404
Student Housing
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PURE Lowry
Built in 2020Studio to 2 Bedroom Apartments

PURE Lowry

2000 Lyndale AveMinneapolis, MN 55405
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Ernestine Apartments
Built in 2024Studio to 3 Bedroom Apartments

Ernestine Apartments

187 Humboldt Ave NMinneapolis, MN 55405
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The Serene
Built in 2020Studio to 2 Bedroom Apartments

The Serene

829 NE Marshall StMinneapolis, MN 55413
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801 8th St SE
Built in 2017Studio to 4 Bedroom Apartments

801 8th St SE

801 8th St SEMinneapolis, MN 55414
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Moerty Apartments
Built in 2020Studio to 1 Bedroom Apartments

Moerty Apartments

821 6th Ave SEMinneapolis, MN 55414
  • Utilities Included
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Sabathani Senior Housing
Built in 2022Studio to 2 Bedroom Apartments

Sabathani Senior Housing

3701 3rd AveMinneapolis, MN 55409
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The Cameron North Loop
Built in 2016Studio to 2 Bedroom Apartments

The Cameron North Loop

756 N 4th StMinneapolis, MN 55401
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Blaise Apartments
Built in 2021Studio Apartments

Blaise Apartments

2645 S 1st AveMinneapolis, MN 55408
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Trademark Apartments
Built in 2020Studio Apartments

Trademark Apartments

1119 4th St SEMinneapolis, MN 55414
  • Utilities Included
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The Midwell
Built in 2023Studio to 3 Bedroom Apartments

The Midwell

2835 11th Ave SMinneapolis, MN 55407
  • Utilities Included
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The Hillock
Built in 2022Studio to 2 Bedroom Apartments

The Hillock

4440 Snelling AveMinneapolis, MN 55406
Senior Living
  • Utilities Included
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Apts on Essex - West
Built in 2017Studio to 2 Bedroom Apartments

Apts on Essex - West

2618 Essex St SEMinneapolis, MN 55414
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Casablanca
Built in 20181 Bedroom Apartments

Casablanca

4711 Nicollet Ave SMinneapolis, MN 55419
  • Utilities Included
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2810 Park Ave
Built in 2021Studio Apartments

2810 Park Ave

2810 Park Ave SMinneapolis, MN 55407
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East Town Apartments
Built in 2020Studio to 3 Bedroom Apartments

East Town Apartments

618 S 9th StMinneapolis, MN 55404
  • Utilities Included
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WaHu - Historical Access
Built in 2015Studio to 4 Bedroom Apartments

WaHu - Historical Access

1000 Washington Ave SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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Northside Artspace Lofts
Built in 2021Studio to 3 Bedroom Apartments

Northside Artspace Lofts

229 N Irving AveMinneapolis, MN 55405
  • Utilities Included

Getting Around Minneapolis, MN

Walk Score®

75 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

83 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

52 / 100

Good Transit

Many nearby public transportation options

Minneapolis, MN Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

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 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 $2,324.

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 582 sq ft.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide

Written by: Amber Kanuckel

Hey, there! I’m Amber, your ApartmentHomeLiving.com local expert for Kansas City, and I’m back with my recommendations for top employers in the area.

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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! 

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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.