New Apartments for Rent in Minneapolis, MN Under $1,500 (246 Rentals)

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Xenia Apartments
$1,500 - $3,415

Total Monthly Price

Base Rent$1,500 - $3,415

Total Monthly Price$1,500 - $3,415
Built in 2022Studio to 2 Bedroom Apartments Available Now

Xenia Apartments

770 Xenia Ave SMinneapolis, MN 55416
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Lowa46
$1,497 - $4,889

Total Monthly Price

Base Rent$1,414 - $4,806
Required Monthly Fees$83

Total Monthly Price$1,497 - $4,889
Built in 20181 to 2 Bedroom Apartments Available Now

Lowa46

4621 Snelling AveMinneapolis, MN 55406
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Intersect
$1,493 - $2,291

Total Monthly Price

Base Rent$1,493 - $2,291

Total Monthly Price$1,493 - $2,291
Built in 20241 to 2 Bedroom Apartments Available Now

Intersect

310 N 2nd StMinneapolis, MN 55401
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Green on 4th
$1,468 - $3,420

Total Monthly Price

Base Rent$1,468 - $3,420

Total Monthly Price$1,468 - $3,420
Built in 2019Studio to 2 Bedroom Apartments Available Now

Green on 4th

2949 SE 4th StMinneapolis, MN 55414
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Sora
Rent Specials
$1,460 - $3,108

Total Monthly Price

Base Rent$1,460 - $3,108

Total Monthly Price$1,460 - $3,108
Built in 2020Studio to 2 Bedroom Apartments Available Now

Sora

600 S 5th AveMinneapolis, MN 55415
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The Redwell
$1,436

Total Monthly Price

Base Rent$1,436

Total Monthly PriceVaries
12 Month Lease Term
Built in 2020Studio to 1 Bedroom Apartments Available Oct 1

The Redwell

1020 3rd St NMinneapolis, MN 55401
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Mill City Quarter
Rent Specials
$1,435 - $1,731

Total Monthly Price

Base Rent$1,431 - $1,727
Required Monthly FeesVaries

Total Monthly PriceVaries
12 Month Lease Term
Built in 20161 to 2 Bedroom Apartments Available Now

Mill City Quarter

300 S 2nd StMinneapolis, MN 55401
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Boutique 28
$1,435 - $2,945

Total Monthly Price

Base Rent$1,435 - $2,945

Total Monthly Price$1,435 - $2,945
Built in 2016Studio to 3 Bedroom Apartments Available Now

Boutique 28

2817 Girard Ave SMinneapolis, MN 55408
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Canvas Apartments
$1,430 - $2,642

Total Monthly Price

Base Rent$1,426 - $2,638
Required Monthly Fees$4

Total Monthly Price$1,430 - $2,642
12 Month Lease Term
Built in 20241 to 3 Bedroom Apartments Available Now

Canvas Apartments

2301 NE California StMinneapolis, MN 55418
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Sawyer Apartments
$1,428 - $2,701

Total Monthly Price

Base Rent$1,322 - $2,595
Required Monthly Fees$106

Total Monthly Price$1,428 - $2,701
Built in 2021Studio to 2 Bedroom Apartments Available Soon

Sawyer Apartments

338 2nd St NEMinneapolis, MN 55413
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Snelling Yards
Rent Specials
$1,427

Total Monthly Price

Base Rent$1,427

Total Monthly PriceVaries
Built in 20262 Bedroom Apartments Available Now

Snelling Yards

3605 44th Ave SMinneapolis, MN 55406
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MAX
$1,423 - $4,518

Total Monthly Price

Base Rent$1,405 - $4,500
Required Monthly Fees$18

Total Monthly Price$1,423 - $4,518
Built in 2021Studio to 3 Bedroom Apartments Available Now

MAX

150 26th Ave SEMinneapolis, MN 55414
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Viridium Apartments
Rent Specials
$1,421 - $2,798

Total Monthly Price

Base Rent$1,413 - $2,790
Required Monthly FeesVaries

Total Monthly PriceVaries
Built in 2021Studio to 3 Bedroom Apartments Available Now

Viridium Apartments

721 N Third StMinneapolis, MN 55401
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Moment
Rent Specials
$1,412 - $4,711

Total Monthly Price

Base Rent$1,412 - $4,711

Total Monthly Price$1,412 - $4,711
Built in 2022Studio to 2 Bedroom Apartments Available Now

Moment

650 Portland Ave SMinneapolis, MN 55415
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Wakpada Apartments
Rent Specials
$1,405 - $1,925

Total Monthly Price

Base Rent$1,390 - $1,910
Required Monthly Fees$15

Total Monthly Price$1,405 - $1,925
Built in 2022Studio to 2 Bedroom Apartments Available Now

Wakpada Apartments

4603 Minnehaha AveMinneapolis, MN 55406
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East End
Rent Specials
$1,403 - $2,789

Total Monthly Price

Base Rent$1,403 - $2,789

Total Monthly Price$1,403 - $2,789
Built in 2018Studio to 2 Bedroom Apartments Available Now

East End

240 Chicago AveMinneapolis, MN 55415
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Gatsby Apartments
$1,403 - $3,883

Total Monthly Price

Base Rent$1,395 - $3,875
Required Monthly FeesVaries

Total Monthly PriceVaries
Built in 2021Studio to 2 Bedroom Apartments Available Now

Gatsby Apartments

1400 Park AveMinneapolis, MN 55404
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3725 Stinson
Rent Specials
$1,395 - $1,955

Total Monthly Price

Base Rent$1,395 - $1,955

Total Monthly Price$1,395 - $1,955
Built in 20221 to 2 Bedroom Apartments Available Now

3725 Stinson

3725 Stinson BlvdMinneapolis, MN 55421
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How Commercial-to-Residential Property Conversions Help the Housing Crisis

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1500 Nicollet
Rent Specials
$1,390 - $2,445

Total Monthly Price

Base Rent$1,385 - $2,440
Required Monthly Fees$5

Total Monthly Price$1,390 - $2,445
Built in 20191 to 3 Bedroom Apartments Available Now

1500 Nicollet

1500 Nicollet Ave SMinneapolis, MN 55403
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Hencen
Rent Specials
$1,382 - $2,833

Total Monthly Price

Base Rent$1,202 - $2,653
Required Monthly Fees$180

Total Monthly Price$1,382 - $2,833
Built in 2022Studio to 2 Bedroom Apartments Available Now

Hencen

455 Central Ave SEMinneapolis, MN 55414
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The Laker
Rent Specials
$1,382 - $3,309

Total Monthly Price

Base Rent$1,359 - $3,286
Required Monthly FeesVaries

Total Monthly PriceVaries
Built in 2023Studio to 3 Bedroom Apartments Available Now

The Laker

2500 2nd St NEMinneapolis, MN 55418
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The Palmer
Rent Specials
$1,380 - $2,785

Total Monthly Price

Base Rent$1,380 - $2,785

Total Monthly Price$1,380 - $2,785
Built in 20161 to 2 Bedroom Apartments Available Now

The Palmer

600 N 5th StMinneapolis, MN 55401
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MOD42 Apartments
Rent Specials
$1,379 - $1,549

Total Monthly Price

Base Rent$1,029 - $1,199
Required Monthly Fees$350

Total Monthly Price$1,379 - $1,549
Built in 20201 Bedroom Apartments Available Dec 22

MOD42 Apartments

4200 S 32nd AveMinneapolis, MN 55406
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Serene Apartments
Rent Specials
$1,363 - $2,433

Total Monthly Price

Base Rent$1,355 - $2,425
Required Monthly FeesVaries

Total Monthly PriceVaries
Built in 2020Studio to 2 Bedroom Apartments Available Now

Serene Apartments

829 NE Marshall StMinneapolis, MN 55413
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The Shale
Rent Specials
$1,350 - $2,015

Total Monthly Price

Base Rent$1,350 - $2,015

Total Monthly Price$1,350 - $2,015
Built in 2021Studio to 1 Bedroom Apartments Available Now

The Shale

4757 Hiawatha AveMinneapolis, MN 55406
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270 Hennepin
$1,348 - $7,532

Total Monthly Price

Base Rent$1,277 - $7,461
Required Monthly Fees$71

Total Monthly Price$1,348 - $7,532
Built in 2021Studio to 3 Bedroom Apartments Available Now

270 Hennepin

270 Hennepin AveMinneapolis, MN 55402
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Talo
Rent Specials
$1,336 - $4,162

Total Monthly Price

Base Rent$1,336 - $4,162

Total Monthly PriceVaries
Built in 2018Studio to 3 Bedroom Apartments Available Now

Talo

5100 Wayzata BlvdMinneapolis, MN 55416
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Rex 26 Apartments
$1,335 - $2,961

Total Monthly Price

Base Rent$1,324 - $2,950
Required Monthly FeesVaries

Total Monthly PriceVaries
Built in 20191 to 2 Bedroom Apartments Available Now

Rex 26 Apartments

2621 Lyndale Ave SMinneapolis, MN 55408
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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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Revel
$1,335 - $2,270

Total Monthly Price

Base Rent$1,335 - $2,270

Total Monthly Price$1,335 - $2,270
Built in 2017Studio to 2 Bedroom Apartments Available Now

Revel

1300 W Lake StMinneapolis, MN 55408
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Tula
Rent Specials
$1,320

Total Monthly Price

Base Rent$1,320

Total Monthly Price$1,320
12 Month Lease Term
Built in 2018Studio Apartments Available Nov 1

Tula

3009 Holmes Ave SMinneapolis, MN 55408
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Rafter
Rent Specials
$1,320 - $5,287

Total Monthly Price

Base Rent$1,260 - $5,227
Required Monthly Fees$60

Total Monthly Price$1,320 - $5,287
Built in 2019Studio to 3 Bedroom Apartments Available Now

Rafter

333 E Hennepin AveMinneapolis, MN 55414
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The Hall Lofts
Rent Specials
$1,319 - $3,805

Total Monthly Price

Base Rent$1,301 - $3,787
Required Monthly Fees$18

Total Monthly Price$1,319 - $3,805
Built in 2024Studio to 2 Bedroom Apartments Available Now

The Hall Lofts

608 N 3rd StMinneapolis, MN 55403
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N&E
$1,311 - $1,994

Total Monthly Price

Base Rent$1,305 - $1,988
Required Monthly Fees$6

Total Monthly Price$1,311 - $1,994
Built in 2020Studio to 1 Bedroom Apartments Available Now

N&E

107 13th Ave NEMinneapolis, MN 55413
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Lyndy Apartments
$1,309 - $2,073

Total Monthly Price

Base Rent$1,309 - $2,073

Total Monthly Price$1,309 - $2,073
Built in 2018Studio to 3 Bedroom Apartments Available Now

Lyndy Apartments

2905 Harriet Ave SMinneapolis, MN 55408
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Timber & Tie
Rent Specials
$1,300 - $1,722

Total Monthly Price

Base Rent$1,295 - $1,717
Required Monthly FeesVaries

Total Monthly PriceVaries
12 Month Lease Term
Built in 2021Studio to 4 Bedroom Apartments Available Now

Timber & Tie

900 14th Ave NEMinneapolis, MN 55413
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HERE Minneapolis Apartments
Rent Specials
$1,299 - $2,209

Total Monthly Price

Base Rent$1,299 - $2,209

Total Monthly Price$1,299 - $2,209
12 Month Lease Term
Built in 2020Studio to 2 Bedroom Apartments Available Now

HERE Minneapolis Apartments

2813 4th St SEMinneapolis, MN 55414
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Huxley Apartments
Rent Specials
$1,299 - $2,699

Total Monthly Price

Base Rent$1,299 - $2,699

Total Monthly Price$1,299 - $2,699
12 Month Lease Term
Built in 2020Studio to 2 Bedroom Apartments Available Now

Huxley Apartments

657 22nd Ave NEMinneapolis, MN 55418
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Variant
$1,284 - $3,838

Total Monthly Price

Base Rent$1,284 - $3,838

Total Monthly PriceVaries
Built in 2017Studio to 2 Bedroom Apartments Available Now

Variant

315 N 7th AveMinneapolis, MN 55401
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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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Spectrum Apartments & Townhomes
Rent Specials
$1,279 - $1,749

Total Monthly Price

Base Rent$1,275 - $1,745
Required Monthly Fees$4

Total Monthly Price$1,279 - $1,749
Built in 20171 to 2 Bedroom Apartments Available Now

Spectrum Apartments & Townhomes

815 9th Ave SEMinneapolis, MN 55414
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MODI
Rent Specials
$1,279 - $1,649

Total Monthly Price

Base Rent$929 - $1,299
Required Monthly Fees$350

Total Monthly Price$1,279 - $1,649
Built in 2019Studio to 1 Bedroom Apartments Available Now

MODI

2015 Lyndale AveMinneapolis, MN 55405
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The Bohen Apartments
$1,276 - $2,860

Total Monthly Price

Base Rent$1,195 - $2,779
Required Monthly FeesVaries

Total Monthly PriceVaries
Built in 2023Studio to 3 Bedroom Apartments Available Now

The Bohen Apartments

2851 Hennepin AveMinneapolis, MN 55408
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Southsider
$1,275 - $1,938

Total Monthly Price

Base Rent$1,275 - $1,938

Total Monthly Price$1,275 - $1,938
Built in 2019Studio to 2 Bedroom Apartments Available Now

Southsider

3029 22nd AveMinneapolis, MN 55407
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Satori Apartments
Rent Specials
$1,269 - $1,604

Total Monthly Price

Base Rent$1,260 - $1,595
Required Monthly FeesVaries

Total Monthly PriceVaries
Built in 20231 Bedroom Apartments Available Now

Satori Apartments

835 W Broadway AveMinneapolis, MN 55411
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Rosa
Rent Specials
$1,263 - $2,603

Total Monthly Price

Base Rent$1,255 - $2,595
Required Monthly FeesVaries

Total Monthly PriceVaries
18 Month Lease Term
Built in 2022Studio to 3 Bedroom Apartments Available Now

Rosa

4201 Nicollet AveMinneapolis, MN 55409
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29 Bryant Apartments
Rent Specials
$1,245 - $2,150

Total Monthly Price

Base Rent$1,245 - $2,150

Total Monthly Price$1,245 - $2,150
Built in 2020Studio to 2 Bedroom Apartments Available Now

29 Bryant Apartments

2934 Bryant Ave SMinneapolis, MN 55408
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HQ Apartments
Rent Specials
$1,243 - $3,974

Total Monthly Price

Base Rent$1,193 - $3,924
Required Monthly Fees$50

Total Monthly Price$1,243 - $3,974
Built in 2018Studio to 3 Bedroom Apartments Available Now

HQ Apartments

816 Portland Ave SMinneapolis, MN 55404
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The Asher
Rent Specials
$1,239 - $2,940

Total Monthly Price

Base Rent$1,239 - $2,940

Total Monthly Price$1,239 - $2,940
18 Month Lease Term
Built in 2020Studio to 2 Bedroom Apartments Available Now

The Asher

1125 Lagoon AveMinneapolis, MN 55408
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Sanctuary Lofts
$1,230 - $1,575

Total Monthly Price

Base Rent$1,230 - $1,575

Total Monthly Price$1,230 - $1,575
Built in 2023Studio to 1 Bedroom Apartments Available Now

Sanctuary Lofts

3225 E Minnehaha PkyMinneapolis, MN 55417
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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

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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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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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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Minneapolis, MN Rentals by Map

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Minneapolis, MN Area Reviews

  • Parks
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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 Allianze Sr. Community listed at $500.

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 3,267 square feet unit starting from $1,632 at The Bower.

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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Authentic Minneapolis: An Insider's 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.

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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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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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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.

Articles, How-To's, and Tips

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.