New Apartments for Rent in Minneapolis, MN Under $1,500 (243 Rentals)

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Moment
Rent Specials
$1,496 - $4,141
Plus Fees
Built in 2022Studio to 2 Bedroom Apartments Available Now

Moment

650 Portland Ave SMinneapolis, MN 55415
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N&E
$1,474 - $2,606
Total Monthly Price

Total Monthly Price

Base Rent
$1,468 - $2,600
Required Monthly Fees
$6
Total Monthly Price
$1,474 - $2,606
Built in 20201 to 2 Bedroom Apartments Available Now

N&E

107 13th Ave NEMinneapolis, MN 55413
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Gatsby Apartments
Rent Specials
$1,458 - $3,158
Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $3,150
Required Monthly Fees
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Total Monthly Price
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Built in 2021Studio to 2 Bedroom Apartments Available Now

Gatsby Apartments

1400 Park AveMinneapolis, MN 55404
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Tyler Street Stacks
$1,448 - $2,557
Total Monthly Price

Total Monthly Price

Base Rent
$1,390 - $2,499
Required Monthly Fees
Varies
Total Monthly Price
Varies
Built in 2023Studio to 2 Bedroom Apartments Available Now

Tyler Street Stacks

1180 Tyler St NEMinneapolis, MN 55413
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Mill City Quarter
Rent Specials
$1,447 - $1,462
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,443 - $1,458
Required Monthly Fees
Varies
Total Monthly Price
Varies
Built in 20161 to 2 Bedroom Apartments Available Now

Mill City Quarter

300 S 2nd StMinneapolis, MN 55401
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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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700 Central Lofts and Flats
$1,445 - $2,053
Total Monthly Price

Total Monthly Price

Base Rent
$1,437 - $2,045
Required Monthly Fees
Varies
Total Monthly Price
Varies
Built in 2016Studio to 2 Bedroom Apartments Available Now

700 Central Lofts and Flats

700 NE Central AveMinneapolis, MN 55414
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Sora
Rent Specials
$1,440 - $3,925
Total Monthly Price

Total Monthly Price

Base Rent
$1,440 - $3,925
Total Monthly Price
$1,440 - $3,925
Built in 20201 to 2 Bedroom Apartments Available Now

Sora

600 S 5th AveMinneapolis, MN 55415
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Snelling Yards
Rent Specials
$1,437 - $2,499
Total Monthly Price

Total Monthly Price

Base Rent
$1,437 - $2,499
Total Monthly Price
Varies
Built in 20262 to 3 Bedroom Apartments Available Aug 1

Snelling Yards

3501 44th Ave SMinneapolis, MN 55406
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HQ Apartments
Rent Specials
$1,436 - $3,916
Total Monthly Price

Total Monthly Price

Base Rent
$1,386 - $3,866
Required Monthly Fees
$50
Total Monthly Price
$1,436 - $3,916
Built in 2018Studio to 3 Bedroom Apartments Available Now

HQ Apartments

816 Portland Ave SMinneapolis, MN 55404
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270 Hennepin
$1,432 - $18,347
Total Monthly Price

Total Monthly Price

Base Rent
$1,361 - $18,276
Required Monthly Fees
$71
Total Monthly Price
$1,432 - $18,347
Built in 2021Studio to 3 Bedroom Apartments Available Now

270 Hennepin

270 Hennepin AveMinneapolis, MN 55402
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MAX
$1,422 - $4,517
Total Monthly Price

Total Monthly Price

Base Rent
$1,405 - $4,500
Required Monthly Fees
$17
Total Monthly Price
$1,422 - $4,517
Built in 2021Studio to 3 Bedroom Apartments Available Soon

MAX

150 26th Ave SEMinneapolis, MN 55414
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The Shale
Rent Specials
$1,395 - $1,525
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $1,525
Total Monthly Price
$1,395 - $1,525
Built in 2021Studio to 1 Bedroom Apartments Available Now

The Shale

4757 Hiawatha AveMinneapolis, MN 55406
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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.

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4th and Park
Rent Specials
$1,388 - $5,683
Total Monthly Price

Total Monthly Price

Base Rent
$1,380 - $5,675
Required Monthly Fees
Varies
Total Monthly Price
Varies
Built in 2024Studio to 3 Bedroom Apartments Available Now

4th and Park

700 S 4th StMinneapolis, MN 55415
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Viridium Apartments
Rent Specials
$1,380 - $4,638
Total Monthly Price

Total Monthly Price

Base Rent
$1,372 - $4,630
Required Monthly Fees
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Total Monthly Price
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Built in 2021Studio to 3 Bedroom Apartments Available Now

Viridium Apartments

721 N Third StMinneapolis, MN 55401
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Arris Blaine
Rent Specials
$1,377 - $2,317
Total Monthly Price

Total Monthly Price

Base Rent
$1,354 - $2,294
Required Monthly Fees
Varies
Total Monthly Price
Varies
Built in 2023Studio to 2 Bedroom Apartments Available Now

Arris Blaine

9460 Ulysses St NEMinneapolis, MN 55434
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Sawyer Apartments
$1,373 - $2,646
Total Monthly Price

Total Monthly Price

Base Rent
$1,322 - $2,595
Required Monthly Fees
$51
Total Monthly Price
$1,373 - $2,646
Built in 2021Studio to 2 Bedroom Apartments Contact Us For Availability

Sawyer Apartments

338 2nd St NEMinneapolis, MN 55413
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Beck46
Rent Specials
$1,370 - $4,975
Plus Fees
Built in 20231 to 2 Bedroom Apartments Available Now

Beck46

4020 Nawadaha BlvdMinneapolis, MN 55406
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The Laker
Rent Specials
$1,352 - $3,309
Total Monthly Price

Total Monthly Price

Base Rent
$1,329 - $3,286
Required Monthly Fees
Varies
Total Monthly Price
Varies
Built in 2023Studio to 3 Bedroom Apartments Available Jul 2

The Laker

2500 2nd St NEMinneapolis, MN 55418
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Hencen
Rent Specials
$1,332 - $2,601
Total Monthly Price

Total Monthly Price

Base Rent
$1,152 - $2,421
Required Monthly Fees
$180
Total Monthly Price
$1,332 - $2,601
Built in 2022Studio to 2 Bedroom Apartments Available Now

Hencen

455 Central Ave SEMinneapolis, MN 55414
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Huxley Apartments
Rent Specials
$1,330 - $2,699
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,330 - $2,699
Total Monthly Price
$1,330 - $2,699
Built in 2020Studio to 2 Bedroom Apartments Available Jul 7

Huxley Apartments

657 22nd Ave NEMinneapolis, MN 55418
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Wakpada Apartments
Rent Specials
$1,320 - $1,755
Total Monthly Price

Total Monthly Price

Base Rent
$1,305 - $1,740
Required Monthly Fees
$15
Total Monthly Price
$1,320 - $1,755
Built in 2022Studio to 2 Bedroom Apartments Available Now

Wakpada Apartments

4603 Minnehaha AveMinneapolis, MN 55406
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The Hall Lofts
Rent Specials
$1,317 - $4,833
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $4,815
Required Monthly Fees
$18
Total Monthly Price
$1,317 - $4,833
Built in 2024Studio to 3 Bedroom Apartments Available Now

The Hall Lofts

608 N 3rd StMinneapolis, MN 55403
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The Bohen Apartments
Rent Specials
$1,316 - $3,116
Total Monthly Price

Total Monthly Price

Base Rent
$1,235 - $3,035
Required Monthly Fees
Varies
Total Monthly Price
Varies
Built in 2023Studio to 3 Bedroom Apartments Available Now

The Bohen Apartments

2851 Hennepin AveMinneapolis, MN 55408
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Variant
$1,309 - $11,885
Total Monthly Price

Total Monthly Price

Base Rent
$1,309 - $11,885
Total Monthly Price
Varies
Built in 2017Studio to 2 Bedroom Apartments Available Jun 30

Variant

315 N 7th AveMinneapolis, MN 55401
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Revel
$1,289 - $2,050
Total Monthly Price

Total Monthly Price

Base Rent
$1,289 - $2,050
Total Monthly Price
$1,289 - $2,050
Built in 2017Studio to 2 Bedroom Apartments Available Now

Revel

1300 W Lake StMinneapolis, MN 55408
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MODI
Rent Specials
$1,279 - $1,749
Total Monthly Price

Total Monthly Price

Base Rent
$929 - $1,399
Required Monthly Fees
$350
Total Monthly Price
$1,279 - $1,749
Built in 2019Studio to 1 Bedroom Apartments Available Now

MODI

2015 Lyndale AveMinneapolis, MN 55405
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MOD42 Apartments
Rent Specials
$1,279 - $1,449
Total Monthly Price

Total Monthly Price

Base Rent
$929 - $1,099
Required Monthly Fees
$350
Total Monthly Price
$1,279 - $1,449
Built in 2020Studio Apartments Available Aug 21

MOD42 Apartments

4200 S 32nd AveMinneapolis, MN 55406
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Luna Apartments
Rent Specials
$1,261 - $2,311
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,245 - $2,295
Required Monthly Fees
Varies
Total Monthly Price
Varies
Built in 2019Studio to 2 Bedroom Apartments Available Now

Luna Apartments

2520 8th St SMinneapolis, MN 55454
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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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Minneapolis, MN Local Guide

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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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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Minneapolis, MN Area Reviews

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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 $580.

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

The average rent for a New Apartment in Minneapolis is $2,398.

What is the largest New Minneapolis Apartment for rent?

Today's New apartment with the most square footage in Minneapolis is a 2,889 square feet unit starting from $1,619 at Nordhaus Apartment Homes.

What is the average size for Minneapolis New Apartments for rent?

The average size for a New rental in Minneapolis is currently at 571 sq ft.

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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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.

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.