New Apartments for Rent in Minneapolis, MN Under $1,500 (234 Rentals) Page 2 of 5

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Rosa Apartments | MPLS
Rent Specials
$1,210 - $2,350
Total Monthly Price

Total Monthly Price

Base Rent
$1,155 - $2,295
Required Monthly Fees
$55

Total Monthly Price
$1,210 - $2,350
Built in 2022Studio to 2 Bedroom Apartments Available Now

Rosa Apartments | MPLS

4201 Nicollet AveMinneapolis, MN 55409
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Lake Street Dwelling
Rent Specials
$1,209 - $1,734
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,205 - $1,730
Required Monthly Fees
$4

Total Monthly Price
$1,209 - $1,734
Built in 2020Studio to 2 Bedroom Apartments Available Now

Lake Street Dwelling

410-510 W Lake StMinneapolis, MN 55408
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The Theodore Apartments 55+
Rent Specials
$1,203 - $1,438
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $1,434
Required Monthly Fees
$4

Total Monthly Price
$1,203 - $1,438
Built in 20231 to 2 Bedroom Apartments Available Now

The Theodore Apartments 55+

2840 N Wayzata BlvdMinneapolis, MN 55405
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Broadway Flats
Rent Specials
$1,199
Total Monthly Price

Total Monthly Price

Base Rent
$1,195
Required Monthly Fees
$4

Total Monthly Price
$1,199
Built in 2016Studio to 2 Bedroom Apartments Available Now

Broadway Flats

2505 Penn Ave NMinneapolis, MN 55411
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The Shale
$1,184 - $2,768
Total Monthly Price

Total Monthly Price

Base Rent
$1,184 - $2,768

Total Monthly Price
$1,184 - $2,768
Built in 2021Studio to 1 Bedroom Apartments Available Now

The Shale

4757 Hiawatha AveMinneapolis, MN 55406
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Akin Apartments
Rent Specials
$1,167 - $2,678
Total Monthly Price

Total Monthly Price

Base Rent
$1,102 - $2,613
Required Monthly Fees
$65

Total Monthly Price
$1,167 - $2,678
Built in 2023Studio to 2 Bedroom Apartments Available Now

Akin Apartments

3536 Nicollet AveMinneapolis, MN 55408
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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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Luna
$1,150 - $3,398
Total Monthly Price

Total Monthly Price

Base Rent
$1,150 - $3,398

Total Monthly Price
$1,150 - $3,398
Built in 2019Studio to 2 Bedroom Apartments Available Now

Luna

2520 8th St SMinneapolis, MN 55454
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Nox Apartments
Rent Specials
$1,144 - $1,745
Total Monthly Price

Total Monthly Price

Base Rent
$1,099 - $1,700
Required Monthly Fees
$45

Total Monthly Price
$1,144 - $1,745
Built in 2021Studio to 2 Bedroom Apartments Available Now

Nox Apartments

2703 Girard Ave SMinneapolis, MN 55408
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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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Alexander Apartments
$1,112 - $1,620
Total Monthly Price

Total Monthly Price

Base Rent
$1,057 - $1,565
Required Monthly Fees
$55

Total Monthly Price
$1,112 - $1,620
Built in 2021Studio to 2 Bedroom Apartments Available Now

Alexander Apartments

3224-3236 Girard AveMinneapolis, MN 55408
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The Whit
Rent Specials
$1,105 - $4,180Built in 2017Studio to 2 Bedroom Apartments Available Now

The Whit

2201 Blaisdell AveMinneapolis, MN 55404
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The Station at Malcolm Yards
Rent Specials
$1,095 - $2,276
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $2,276

Total Monthly Price
$1,095 - $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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Flats at Malcolm Yards
Rent Specials
$1,071 - $1,739
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,067 - $1,735
Required Monthly Fees
$4

Total Monthly Price
$1,071 - $1,739
Built in 20231 to 2 Bedroom Apartments Available Now

Flats at Malcolm Yards

505 SE Malcolm AveMinneapolis, MN 55414
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Everlake Apartments
$1,050 - $2,035
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050 - $2,035

Total Monthly Price
$1,050 - $2,035
Built in 2021Studio to 2 Bedroom Apartments Available Now

Everlake Apartments

2615 E 29th StMinneapolis, MN 55406
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Satori
Rent Specials
$1,043 - $3,208
Total Monthly Price

Total Monthly Price

Base Rent
$1,035 - $3,200
Required Monthly Fees
$8

Total Monthly Price
$1,043 - $3,208
Built in 20231 to 2 Bedroom Apartments Available Now

Satori

835 W Broadway AveMinneapolis, MN 55411
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Miro
$1,010 - $2,775
Total Monthly Price

Total Monthly Price

Base Rent
$1,010 - $2,775

Total Monthly Price
$1,010 - $2,775
Built in 2024Studio to 2 Bedroom Apartments Available Now

Miro

1207 Glenwood AveMinneapolis, MN 55405
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Overland Apartments
Rent Specials
$1,000 - $1,630
Total Monthly Price

Total Monthly Price

Base Rent
$945 - $1,575
Required Monthly Fees
$55

Total Monthly Price
$1,000 - $1,630
Built in 2020Studio to 2 Bedroom Apartments Available Now

Overland Apartments

2325 E 38th St EMinneapolis, MN 55406
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Hub Minneapolis
Rent Specials
$630 - $2,040
Total Monthly Price11 Month Lease Term

Total Monthly Price

Base Rent
$630 - $2,040

Total Monthly Price
$630 - $2,040
Built in 2018Studio to 4 Bedroom Apartments Available Now

Hub Minneapolis

311 Harvard St SEMinneapolis, MN 55414
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Minneapolis, MN Area Reviews

  • Parks
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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 $2,375.

What is the largest New Minneapolis Apartment for rent?

Today's New apartment with the most square footage in Minneapolis is a 2,793 square feet unit starting from $1,604 at 365 Nicollet.

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

The average size for a New rental in Minneapolis is currently at 570 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

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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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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.

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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.

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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.

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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.