New Apartments for Rent in Minneapolis, MN Under $1,500 (253 Rentals)

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Talo
$1,499 - $4,847
Total Monthly Price

Total Monthly Price

Base Rent
$1,414 - $4,762
Required Monthly Fees
$85

Total Monthly Price
$1,499 - $4,847
Built in 2018Studio to 3 Bedroom Apartments Available Now

Talo

5100 Wayzata BlvdMinneapolis, MN 55416
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N&E
$1,495 - $3,560
Total Monthly Price

Total Monthly Price

Base Rent
$1,495 - $3,560

Total Monthly Price
$1,495 - $3,560
Built in 20201 to 2 Bedroom Apartments Available Now

N&E

107 13th Ave NEMinneapolis, MN 55413
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Arris Blaine
Rent Specials
$1,489 - $1,775
Total Monthly Price

Total Monthly Price

Base Rent
$1,474 - $1,760
Required Monthly Fees
$15

Total Monthly Price
$1,489 - $1,775
Built in 2023Studio to 2 Bedroom Apartments Available Now

Arris Blaine

9460 Ulysses St NEMinneapolis, MN 55434
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Revel
Rent Specials
$1,470 - $3,787
Total Monthly Price

Total Monthly Price

Base Rent
$1,307 - $3,624
Required Monthly Fees
$163

Total Monthly Price
$1,470 - $3,787
Built in 2017Studio to 2 Bedroom Apartments Available Now

Revel

1300 W Lake StMinneapolis, MN 55408
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Foundry Lake Street
Rent Specials
$1,470 - $3,581
Total Monthly Price

Total Monthly Price

Base Rent
$1,445 - $3,556
Required Monthly Fees
$25

Total Monthly Price
$1,470 - $3,581
Built in 2017Studio to 3 Bedroom Apartments Available Now

Foundry Lake Street

3118 West Lake StMinneapolis, MN 55416
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Hencen
Rent Specials
$1,467 - $2,676
Total Monthly Price

Total Monthly Price

Base Rent
$1,287 - $2,496
Required Monthly Fees
$180

Total Monthly Price
$1,467 - $2,676
Built in 2022Studio to 2 Bedroom Apartments Available Now

Hencen

455 Central Ave SEMinneapolis, MN 55414
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MN46 Apartments
Rent Specials
$1,459 - $1,689
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,459 - $1,689

Total Monthly Price
$1,459 - $1,689
Built in 2020Studio to 1 Bedroom Apartments Available Jan 1, 2026

MN46 Apartments

4555 Minnehaha AveMinneapolis, MN 55406
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Huck Apartments
Rent Specials
$1,458 - $1,883
Total Monthly Price

Total Monthly Price

Base Rent
$1,403 - $1,828
Required Monthly Fees
$55

Total Monthly Price
$1,458 - $1,883
Built in 2023Studio to 3 Bedroom Apartments Available Now

Huck Apartments

402 2nd St NEMinneapolis, MN 55413
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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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Variant
$1,450 - $5,624
Total Monthly Price

Total Monthly Price

Base Rent
$1,442 - $5,616
Required Monthly Fees
$8

Total Monthly Price
$1,450 - $5,624
Built in 2017Studio to 2 Bedroom Apartments Available Now

Variant

315 N 7th AveMinneapolis, MN 55401
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METRIC Apartments
$1,445
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,425
Required Monthly Fees
$20

Total Monthly Price
$1,445
Built in 20201 Bedroom Apartments Available Feb 1, 2026

METRIC Apartments

3820 W 31st StMinneapolis, MN 55416
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365 Nicollet
Rent Specials
$1,433 - $12,037
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $12,029
Required Monthly Fees
$8

Total Monthly Price
$1,433 - $12,037
Built in 2018Studio to 3 Bedroom Apartments Available Now

365 Nicollet

365 Nicollet MallMinneapolis, MN 55401
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Frances
Rent Specials
$1,426 - $3,370
Total Monthly Price

Total Monthly Price

Base Rent
$1,251 - $3,195
Required Monthly Fees
$175

Total Monthly Price
$1,426 - $3,370
Built in 2021Studio to 3 Bedroom Apartments Available Now

Frances

1030 NE Main StMinneapolis, MN 55413
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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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MAX
$1,412 - $4,517
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $4,500
Required Monthly Fees
$17

Total Monthly Price
$1,412 - $4,517
Built in 2021Studio to 3 Bedroom Apartments Available Now

MAX

150 26th Ave SEMinneapolis, MN 55414
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Lowa46
Rent Specials
$1,365 - $5,661
Plus Fees
Built in 20191 to 2 Bedroom Apartments Available Now

Lowa46

4621 Snelling AveMinneapolis, MN 55406
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Spectrum Apartments & Townhomes
$1,349 - $2,749
Total Monthly Price

Total Monthly Price

Base Rent
$1,345 - $2,745
Required Monthly Fees
$4

Total Monthly Price
$1,349 - $2,749
Built in 20171 to 4 Bedroom Apartments Available Now

Spectrum Apartments & Townhomes

815 9th Ave SEMinneapolis, MN 55414
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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.

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The Bohen Apartments
Rent Specials
$1,346 - $3,950
Total Monthly Price

Total Monthly Price

Base Rent
$1,265 - $3,869
Required Monthly Fees
$81

Total Monthly Price
$1,346 - $3,950
Built in 2023Studio to 3 Bedroom Apartments Available Now

The Bohen Apartments

2851 Hennepin AveMinneapolis, MN 55408
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The Laker
Rent Specials
$1,344 - $3,327
Total Monthly Price

Total Monthly Price

Base Rent
$1,329 - $3,312
Required Monthly Fees
$15

Total Monthly Price
$1,344 - $3,327
Built in 2023Studio to 3 Bedroom Apartments Available Now

The Laker

2500 2nd St NEMinneapolis, MN 55418
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Lucille
Rent Specials
$1,339 - $3,805
Total Monthly Price

Total Monthly Price

Base Rent
$1,164 - $3,630
Required Monthly Fees
$175

Total Monthly Price
$1,339 - $3,805
Built in 2021Studio to 3 Bedroom Apartments Available Now

Lucille

1025 Main StMinneapolis, MN 55413
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The Station at Malcolm Yards
Rent Specials
$1,321 - $2,276
Total Monthly Price

Total Monthly Price

Base Rent
$1,321 - $2,276

Total Monthly Price
$1,321 - $2,276
Built in 2023Studio to 2 Bedroom Apartments Available Now

The Station at Malcolm Yards

485 Malcolm Ave SEMinneapolis, MN 55414
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The Asher
Rent Specials
$1,317 - $2,930
Plus Fees12 Month Lease Term
Built in 2020Studio to 2 Bedroom Apartments Available Now

The Asher

1125 Lagoon AveMinneapolis, MN 55408
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The Shale
$1,316 - $2,683
Total Monthly Price

Total Monthly Price

Base Rent
$1,316 - $2,683

Total Monthly Price
$1,316 - $2,683
Built in 20211 Bedroom Apartments Available Now

The Shale

4757 Hiawatha AveMinneapolis, MN 55406
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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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Motiv Apartments
$1,315
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,295
Required Monthly Fees
$20

Total Monthly Price
$1,315
Built in 20161 Bedroom Apartments Available Now

Motiv Apartments

1006 W 24th StMinneapolis, MN 55405
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Lumos Apartments
Rent Specials
$1,307 - $1,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,252 - $1,595
Required Monthly Fees
$55

Total Monthly Price
$1,307 - $1,650
Built in 2021Studio to 2 Bedroom Apartments Available Now

Lumos Apartments

2826 Girard Ave SMinneapolis, MN 55408
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Wakpada Apartments
Rent Specials
$1,300 - $1,540
Total Monthly Price

Total Monthly Price

Base Rent
$1,245 - $1,485
Required Monthly Fees
$55

Total Monthly Price
$1,300 - $1,540
Built in 2022Studio to 2 Bedroom Apartments Available Now

Wakpada Apartments

4603 Minnehaha AveMinneapolis, MN 55406
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Huxley Apartments
Rent Specials
$1,300 - $2,465
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300 - $2,465

Total Monthly Price
$1,300 - $2,465
Built in 2020Studio to 2 Bedroom Apartments Available Jan 2, 2026

Huxley Apartments

657 22nd Ave NEMinneapolis, MN 55418
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Kolo Apartments
$1,300 - $1,880
Total Monthly Price

Total Monthly Price

Base Rent
$1,245 - $1,825
Required Monthly Fees
$55

Total Monthly Price
$1,300 - $1,880
Built in 2020Studio to 2 Bedroom Apartments Available Now

Kolo Apartments

3616 Bryant Ave SouthMinneapolis, MN 55409
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Satori
Rent Specials
$1,291 - $3,208
Total Monthly Price

Total Monthly Price

Base Rent
$1,283 - $3,200
Required Monthly Fees
$8

Total Monthly Price
$1,291 - $3,208
Built in 20231 to 2 Bedroom Apartments Available Now

Satori

835 W Broadway AveMinneapolis, MN 55411
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Beck46
Rent Specials
$1,289 - $3,828
Plus Fees
Built in 20231 to 2 Bedroom Apartments Available Now

Beck46

4020 Nawadaha BlvdMinneapolis, MN 55406
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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.

Minneapolis, MN Local Guide

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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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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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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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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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 $2,328.

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 564 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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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.