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$1,225 - $2,065
Plus Fees
Built in 2024Studio to 2 Bedroom Apartments Available May 5Olive Apartments
3126 Minnehaha AveMinneapolis, MN 55406
New Apartments for Rent in Minneapolis, MN Under $1,500 (241 Rentals) Page 2 of 5
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$1,223 - $1,875
Plus Fees
Built in 2017Studio to 2 Bedroom Apartments Available NowRevel
1300 W Lake StMinneapolis, MN 55408
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$1,222 - $1,677
Total Monthly Price12 Month Lease Term
Built in 2020Studio Apartments Available May 6Total Monthly Price
Base Rent
$1,145 - $1,600
Required Monthly Fees
$77
Total Monthly Price
$1,222 - $1,677
Rym Apartments
309-NE Ulysses StMinneapolis, MN 55413
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Rent Specials
$1,220 - $1,740
Plus Fees
Built in 2022Studio to 2 Bedroom Apartments Available NowWakpada Apartments
4603 Minnehaha AveMinneapolis, MN 55406
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Rent Specials
$1,213 - $1,462
Total Monthly Price12 Month Lease Term
Built in 20161 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,209 - $1,458
Required Monthly Fees
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Mill City Quarter
300 S 2nd StMinneapolis, MN 55401
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$1,212 - $2,210
Total Monthly Price
Built in 2020Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,202 - $2,200
Required Monthly Fees
$10
Total Monthly Price
$1,212 - $2,210
Oaks Minnehaha Longfellow
5329 48th Ave SMinneapolis, MN 55417
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Rent Specials
$1,209 - $1,734
Total Monthly Price12 Month Lease Term
Built in 2020Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,205 - $1,730
Required Monthly Fees
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Lake Street Dwelling
410-510 W Lake StMinneapolis, MN 55408
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Rent Specials
$1,209 - $2,359
Total Monthly Price
Built in 2023Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,209 - $2,359
Total Monthly Price
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The Station at Malcolm Yards
485 Malcolm Ave SEMinneapolis, MN 55414
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Rent Specials
$1,205 - $1,739
Total Monthly Price12 Month Lease Term
Built in 20231 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,201 - $1,735
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Total Monthly Price
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Flats at Malcolm Yards
505 SE Malcolm AveMinneapolis, MN 55414
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$1,203 - $1,438
Total Monthly Price
Built in 20231 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,199 - $1,434
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The Theodore Apartments 55+
2840 N Wayzata BlvdMinneapolis, MN 55405
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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$1,200 - $1,450
Plus Fees12 Month Lease Term
Built in 20251 to 2 Bedroom Apartments Available Apr 5North Creek
560 Humboldt Ave NMinneapolis, MN 55405
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Rent Specials
$1,199 - $1,699
Plus Fees
Built in 20251 to 2 Bedroom Apartments Available NowDakar on Lake
1626 E Lake StMinneapolis, MN 55407
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Rent Specials
$1,199 - $2,409
Plus Fees
Built in 2018Studio to 2 Bedroom Apartments Available NowArrive Loring Park
18 W 15th StMinneapolis, MN 55403
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Rent Specials
$1,195 - $1,975
Plus Fees
Built in 2026Studio to 2 Bedroom Apartments Available May 1The Argo
3120 36th AveMinneapolis, MN 55406
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Rent Specials
$1,185 - $1,695
Plus Fees
Built in 2021Studio to 2 Bedroom Apartments Available NowLumos Apartments
2826 Girard Ave SMinneapolis, MN 55408
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$1,184 - $3,994
Total Monthly Price
Built in 2021Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,184 - $3,994
Total Monthly Price
$1,184 - $3,994
The Shale
4757 Hiawatha AveMinneapolis, MN 55406
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$1,160 - $1,995
Plus Fees12 Month Lease Term
Built in 2021Studio to 2 Bedroom Apartments Available NowEverlake Apartments
2615 E 29th StMinneapolis, MN 55406
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Rent Specials
$1,158 - $2,888
Plus Fees
Built in 2020Studio to 2 Bedroom Apartments Available NowPURE Lowry
2000 Lyndale AveMinneapolis, MN 55405
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Rent Specials
$1,155 - $2,350
Plus Fees
Built in 2019Studio to 2 Bedroom Apartments Available NowJax Apartments
2333 Jackson St NEMinneapolis, MN 55418
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Rent Specials
$1,150 - $1,850
Plus Fees
Built in 2021Studio to 2 Bedroom Apartments Available NowB-Side
3027 22nd Ave SMinneapolis, MN 55407
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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Rent Specials
$1,145 - $3,010
Plus Fees
Built in 2020Studio to 2 Bedroom Apartments Available NowMarquee
1410 Nicollet AveMinneapolis, MN 55403
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Rent Specials
$1,145 - $4,015
Plus Fees
Built in 2017Studio to 2 Bedroom Apartments Available NowThe Whit
2201 Blaisdell AveMinneapolis, MN 55404
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Rent Specials
$1,145 - $2,452
Plus Fees12 Month Lease Term
Built in 2019Studio to 3 Bedroom Apartments Available Apr 6Brook Avenue Co-op
1220 Brook Ave SEMinneapolis, MN 55414
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$1,135 - $2,030
Plus Fees
Built in 2022Studio to 2 Bedroom Apartments Available NowThe Bessemer at Seward Commons
2220 Snelling AveMinneapolis, MN 55404
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Rent Specials
$1,125 - $1,399
Plus Fees
Built in 2020Studio to 1 Bedroom Apartments Available Apr 1MOD42 Apartments
4200 S 32nd AveMinneapolis, MN 55406
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Rent Specials
$1,125 - $1,346
Plus Fees12 Month Lease Term
Built in 2020Studio to 1 Bedroom Apartments Available NowThe Redwell
1020 3rd St NMinneapolis, MN 55401
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Rent Specials
$1,122 - $2,503
Plus Fees
Built in 2023Studio to 2 Bedroom Apartments Available NowAkin Apartments
3536 Nicollet AveMinneapolis, MN 55408
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Rent Specials
$1,117 - $1,865
Plus Fees
Built in 2020Studio to 2 Bedroom Apartments Available NowOdie Apartments
607 W 28th StMinneapolis, MN 55408
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$1,113 - $2,004
Plus Fees
Built in 2019Studio to 2 Bedroom Apartments Available NowSouthsider
3029 22nd AveMinneapolis, MN 55407
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Rent Specials
$1,085 - $2,160
Plus Fees
Built in 2022Studio to 2 Bedroom Apartments Available NowDeco 265
265 Girard Ave NMinneapolis, MN 55405
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Rent Specials
$1,050 - $1,715
Plus Fees12 Month Lease Term
Built in 20191 to 3 Bedroom Apartments Contact Us For AvailabilityHook and Ladder Apartments
640 24th Ave NEMinneapolis, MN 55418
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Rent Specials
$1,050 - $1,610
Plus Fees12 Month Lease Term
Built in 2021Studio to 4 Bedroom Apartments Available NowTimber & Tie
900 14th Ave NEMinneapolis, MN 55413
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Rent Specials
$1,048 - $2,300
Plus Fees
Built in 2021Studio to 2 Bedroom Apartments Available NowNox Apartments
2703 Girard Ave SMinneapolis, MN 55408
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Rent Specials
$1,033 - $1,594
Total Monthly Price12 Month Lease Term
Built in 2018Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,028 - $1,589
Required Monthly Fees
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The Central
3503 2nd Ave SMinneapolis, MN 55408
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Rent Specials
$1,274 - $2,930
Plus Fees12 Month Lease Term
Built in 2020Studio to 2 Bedroom Apartments Available NowThe Asher
1125 Lagoon AveMinneapolis, MN 55408
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$995 - $5,558
Plus Fees
Built in 2019Studio to 2 Bedroom Apartments Available NowArtistry on 10th
95 S 10th StMinneapolis, MN 55403
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Rent Specials
$982 - $2,445
Plus Fees
Built in 2020Studio to 3 Bedroom Apartments Available NowNico East
1725 Nicollet AveMinneapolis, MN 55403
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Rent Specials
$980 - $1,380
Plus Fees12 Month Lease Term
Built in 2016Studio to 2 Bedroom Apartments Available NowThe Endurance
725 8th St SEMinneapolis, MN 55414
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$965 - $1,721
Plus Fees
Built in 2021Studio to 3 Bedroom Apartments Contact Us For AvailabilityPark & Franklin Lofts
1935 Park AveMinneapolis, MN 55404
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$958 - $1,755
Total Monthly Price
Built in 2022Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$958 - $1,755
Total Monthly Price
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CityLine
3815 Hiawatha AveMinneapolis, MN 55406
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$945 - $1,675
Plus Fees
Built in 2020Studio to 2 Bedroom Apartments Available Now29 Bryant Apartments
2934 Bryant Ave SMinneapolis, MN 55408
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$945 - $1,595
Plus Fees
Built in 2020Studio to 2 Bedroom Apartments Available NowOverland Apartments
2325 E 38th St EMinneapolis, MN 55406
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$850 - $2,594
Total Monthly Price12 Month Lease Term
Built in 2016Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$850 - $2,594
Total Monthly Price
$850 - $2,594
22 on the River
22 27th Ave SEMinneapolis, MN 55414
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$816 - $1,900
Plus Fees
Built in 2020Studio to 2 Bedroom Apartments Available NowGateway Northeast
20 Lowry Ave NEMinneapolis, MN 55418
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$796 - $1,788
Plus Fees12 Month Lease Term
Built in 20252 Bedroom Apartments Available NowWadaag Commons
1900 E 22nd StMinneapolis, MN 55404
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Rent Specials
$694 - $3,500
Plus Fees12 Month Lease Term
Built in 20243 to 4 Bedroom Apartments Available NowFactory Lofts
2655 Essex St SEMinneapolis, MN 55414
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$691 - $2,968
Plus Fees12 Month Lease Term
Built in 20231 to 4 Bedroom Apartments Contact Us For AvailabilityPeregrine
2035 W River RdMinneapolis, MN 55411
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Rent Specials
$642 - $1,993
Total Monthly Price12 Month Lease Term
Built in 2018Studio to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$599 - $1,950
Required Monthly Fees
$43
Total Monthly Price
$642 - $1,993
The Arrow Apartments
117 27th Ave SEMinneapolis, MN 55414
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$635 - $2,040
Total Monthly Price11 Month Lease Term
Built in 2018Studio to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$635 - $2,040
Total Monthly Price
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Hub Minneapolis
311 Harvard St SEMinneapolis, MN 55414
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$624 - $1,927
Plus Fees12 Month Lease Term
Built in 20241 to 3 Bedroom Apartments Available NowShelby Commons
188 Glenwood AveMinneapolis, MN 55405
Minneapolis, MN Local Guide
Target Field
in Minneapolis by Flickr User: mulad is licensed under CC BY 2.0
How much does it cost to rent an apartment in Minneapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Minneapolis Studio Apartments | $1,307 | $640 | $2,767 |
| Minneapolis 1 Bedroom Apartments | $1,595 | $500 | $8,629 |
| Minneapolis 2 Bedroom Apartments | $2,195 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,504 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $1,764 | $535 | $7,962 |
| Minneapolis 5 Bedroom Apartments | $2,914 | $2,029 | $3,495 |
| Minneapolis 6 Bedroom Apartments | $3,318 | $2,600 | $4,650 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Explore Minneapolis
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Minneapolis, MN Area Reviews
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Write a ReviewStephanie • 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 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 $2,390.
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 $1,759 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 562 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
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.
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.
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.
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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.