
New Apartments for Rent in Minneapolis, MN Under $1,500 (245 Rentals) Page 2 of 5


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Oaks Minnehaha Longfellow

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Arrive Loring Park

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Flats at Malcolm Yards

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Lago Apartments

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North Creek

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Lake Street Dwelling

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Artistry on 10th

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1000 Main

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Deco 265
First Apartment Regrets: Real Renters Share What They'd Do Differently
Your first apartment comes with a learning curve nobody warns you about. Hear from real renters who've been there and get the advice they wish someone had given them on day one.

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Akin Apartments

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Beam

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The Endurance

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B-Side

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Aberdeen Apartments

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Jax Apartments

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The Whit

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Midwell

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The Bessemer at Seward Commons

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Huck Apartments
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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Pure Lowry

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Nox Apartments

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Miro

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Odie Apartments

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Everlake Apartments

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Lakefield Apartments

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CityLine

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Daymark Uptown

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Rym Apartments

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The Central
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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Ladder 260

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Marquee

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Gateway Northeast

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Nico East

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Dakar on Lake

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Overland Apartments

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22 on the River

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Factory Lofts

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Accolade Minneapolis

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Hub Minneapolis
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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The Arrow Apartments

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Shelby Commons

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Freund Haus

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Allianze Sr. Community

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Groove Lofts

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MN46 Apartments

The Pearl Apartments

The Aubrey

Odin

ZEO Apartments
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

How much does it cost to rent an apartment in Minneapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Minneapolis Studio Apartments | $1,317 | $635 | $2,544 |
| Minneapolis 1 Bedroom Apartments | $1,613 | $500 | $6,629 |
| Minneapolis 2 Bedroom Apartments | $2,179 | $280 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,589 | $437 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,620 | $649 | $7,199 |
| Minneapolis 5 Bedroom Apartments | $3,309 | $650 | $7,612 |
Browse Top Apartments in Minneapolis
See all Apartments in MinneapolisExplore Minneapolis
Minneapolis, MN Area Reviews
Stephanie • 4+ years in Minneapolis
February 25, 2025A 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

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.

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.

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.

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

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.

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.

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.

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.