New Apartments for Rent in Minneapolis, MN Under $1,500 (242 Rentals)

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Tyler Street Stacks
$1,490 - $2,570
Total Monthly Price

Total Monthly Price

Base Rent
$1,440 - $2,520
Required Monthly Fees
$50
Total Monthly Price
$1,490 - $2,570
Built in 2023Studio to 2 Bedroom Apartments Available Now

Tyler Street Stacks

1180 Tyler St NEMinneapolis, MN 55413
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The Pearl Apartments
Rent Specials
$1,458 - $2,668
Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $2,660
Required Monthly Fees
$8
Total Monthly Price
$1,458 - $2,668
Built in 20231 to 3 Bedroom Apartments Available Now

The Pearl Apartments

5405 Chicago AveMinneapolis, MN 55417
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Lowa46
Rent Specials
$1,450 - $4,157
Plus Fees
Built in 20191 to 2 Bedroom Apartments Available Now

Lowa46

4621 Snelling AveMinneapolis, MN 55406
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Talo
$1,439 - $5,656
Total Monthly Price

Total Monthly Price

Base Rent
$1,431 - $5,648
Required Monthly Fees
$8
Total Monthly Price
$1,439 - $5,656
Built in 2018Studio to 3 Bedroom Apartments Available Now

Talo

5100 Wayzata BlvdMinneapolis, MN 55416
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Rafter
Rent Specials
$1,426 - $9,333
Plus Fees
Built in 2019Studio to 3 Bedroom Apartments Available Now

Rafter

333 E Hennepin AveMinneapolis, MN 55414
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Beck46
Rent Specials
$1,414 - $4,240
Plus Fees
Built in 20231 to 2 Bedroom Apartments Available Now

Beck46

4020 Nawadaha BlvdMinneapolis, MN 55406
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Lucille
Rent Specials
$1,405 - $3,630
Plus Fees
Built in 2021Studio to 3 Bedroom Apartments Available Now

Lucille

1025 Main StMinneapolis, MN 55413
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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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MAX
$1,395 - $4,500
Plus Fees
Built in 2021Studio to 3 Bedroom Apartments Available Now

MAX

150 26th Ave SEMinneapolis, MN 55414
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Rex26
Rent Specials
$1,383 - $3,415
Plus Fees12 Month Lease Term
Built in 20191 to 2 Bedroom Apartments Available Now

Rex26

2621 Lyndale Ave SMinneapolis, MN 55408
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1000 Main Street Apartments
$1,370 - $2,235
Total Monthly Price

Total Monthly Price

Base Rent
$1,230 - $2,095
Required Monthly Fees
$140
Total Monthly Price
$1,370 - $2,235
Built in 2023Studio to 1 Bedroom Apartments Available Now

1000 Main Street Apartments

1000 Main St NEMinneapolis, MN 55413
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4Marq
Rent Specials
$1,365 - $3,765
Plus Fees
Built in 2015Studio to 3 Bedroom Apartments Available Now

4Marq

400 Marquette AveMinneapolis, MN 55401
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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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The Bohen Apartments
Rent Specials
$1,346 - $3,727
Total Monthly Price

Total Monthly Price

Base Rent
$1,240 - $3,621
Required Monthly Fees
$106
Total Monthly Price
$1,346 - $3,727
Built in 2023Studio to 3 Bedroom Apartments Available Now

The Bohen Apartments

2851 Hennepin AveMinneapolis, MN 55408
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East End
Rent Specials
$1,328 - $3,655
Plus Fees
Built in 2018Studio to 2 Bedroom Apartments Available Now

East End

240 Chicago AveMinneapolis, MN 55415
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The Larking
Rent Specials
$1,317 - $12,061
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,259 - $12,003
Required Monthly Fees
$58
Total Monthly Price
$1,317 - $12,061
Built in 2021Studio to 3 Bedroom Apartments Available Now

The Larking

615 S 8th StMinneapolis, MN 55404
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Rosa Apartments | MPLS
Rent Specials
$1,300 - $2,845
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $2,795
Required Monthly Fees
$50
Total Monthly Price
$1,300 - $2,845
Built in 2022Studio to 3 Bedroom Apartments Available Now

Rosa Apartments | MPLS

4201 Nicollet AveMinneapolis, MN 55409
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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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The Julia
Rent Specials
$1,295 - $2,895
Plus Fees
Built in 2018Studio to 2 Bedroom Apartments Available Now

The Julia

80 Broadway St NEMinneapolis, MN 55413
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HQ Apartments
Rent Specials
$1,262 - $3,251
Plus Fees12 Month Lease Term
Built in 2018Studio to 3 Bedroom Apartments Available Now

HQ Apartments

816 Portland Ave SMinneapolis, MN 55404
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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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Minneapolis, MN Local Guide

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!

Explore Minneapolis, MN Rentals by Map

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See the most popular apartments and homes in Minneapolis, MN

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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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Minneapolis, MN Area Reviews

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

Stephanie • 4+ 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 $586.

How much is the average rent for a New Minneapolis Apartment?

The average rent for a New Apartment in Minneapolis is $2,333.

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 576 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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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.