New Apartments for Rent in Minneapolis, MN Under $1,500 (236 Rentals) Page 2 of 5

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The Theodore Apartments 55+
$1,203 - $1,438
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $1,434
Required Monthly Fees
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Total Monthly Price
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Built in 20231 to 2 Bedroom Apartments Available Now

The Theodore Apartments 55+

2840 N Wayzata BlvdMinneapolis, MN 55405
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Lago Apartments
Rent Specials
$1,203 - $2,159
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $2,155
Required Monthly Fees
Varies

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

Lago Apartments

500 W Lake StMinneapolis, MN 55408
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Mill City Quarter
Rent Specials
$1,203 - $1,731
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,199 - $1,727
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 20161 to 2 Bedroom Apartments Available Now

Mill City Quarter

300 S 2nd StMinneapolis, MN 55401
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Lake Street Dwelling
Rent Specials
$1,200 - $1,719
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,196 - $1,715
Required Monthly Fees
Varies

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

Lake Street Dwelling

410-510 W Lake StMinneapolis, MN 55408
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Rosa
Rent Specials
$1,200 - $2,595
Plus Fees18 Month Lease Term
Built in 2022Studio to 3 Bedroom Apartments Available Now

Rosa

4201 Nicollet AveMinneapolis, MN 55409
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B-Side
Rent Specials
$1,189 - $1,896
Total Monthly Price

Total Monthly Price

Base Rent
$1,174 - $1,881
Required Monthly Fees
$15

Total Monthly Price
$1,189 - $1,896
Built in 2021Studio to 2 Bedroom Apartments Available Now

B-Side

3027 22nd Ave SMinneapolis, MN 55407
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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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The Whit
Rent Specials
$1,185 - $3,409
Total Monthly Price

Total Monthly Price

Base Rent
$1,171 - $3,395
Required Monthly Fees
$14

Total Monthly Price
$1,185 - $3,409
Built in 2017Studio to 2 Bedroom Apartments Available Now

The Whit

2201 Blaisdell AveMinneapolis, MN 55404
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The Bessemer at Seward Commons
Rent Specials
$1,173 - $2,112
Total Monthly Price

Total Monthly Price

Base Rent
$1,165 - $2,104
Required Monthly Fees
$8

Total Monthly Price
$1,173 - $2,112
Built in 2022Studio to 2 Bedroom Apartments Available Now

The Bessemer at Seward Commons

2220 Snelling AveMinneapolis, MN 55404
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Lumos Apartments
Rent Specials
$1,170 - $2,215
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $2,145
Required Monthly Fees
Varies

Total Monthly Price
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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
$1,159 - $1,925
Total Monthly Price

Total Monthly Price

Base Rent
$1,144 - $1,910
Required Monthly Fees
$15

Total Monthly Price
$1,159 - $1,925
Built in 2022Studio to 2 Bedroom Apartments Available Now

Wakpada Apartments

4603 Minnehaha AveMinneapolis, MN 55406
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Nox Apartments
Rent Specials
$1,137 - $2,320
Total Monthly Price

Total Monthly Price

Base Rent
$1,067 - $2,250
Required Monthly Fees
Varies

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

Nox Apartments

2703 Girard Ave SMinneapolis, MN 55408
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Miro
$1,133 - $1,664
Total Monthly Price

Total Monthly Price

Base Rent
$1,125 - $1,656
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2024Studio to 1 Bedroom Apartments Available Now

Miro

1207 Glenwood AveMinneapolis, MN 55405
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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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Timber & Tie
Rent Specials
$1,055 - $1,441
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050 - $1,436
Required Monthly Fees
$5

Total Monthly Price
$1,055 - $1,441
Built in 2021Studio to 4 Bedroom Apartments Available Now

Timber & Tie

900 14th Ave NEMinneapolis, MN 55413
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CityLine
Rent Specials
$1,045 - $1,817
Total Monthly Price

Total Monthly Price

Base Rent
$1,045 - $1,817

Total Monthly Price
Varies
Built in 2022Studio to 1 Bedroom Apartments Available Now

CityLine

3815 Hiawatha AveMinneapolis, 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.

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22 on the River
Rent Specials
$850 - $2,594
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$850 - $2,594

Total Monthly Price
$850 - $2,594
Built in 2016Studio to 2 Bedroom Apartments Available Now

22 on the River

22 27th Ave SEMinneapolis, MN 55414
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Hub Minneapolis
$639 - $1,494
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$620 - $1,475
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2018Studio to 4 Bedroom Apartments Available Aug 20

Hub Minneapolis

311 Harvard St SEMinneapolis, MN 55414
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Accolade Minneapolis
$630 - $1,460
Total Monthly Price11 Month Lease Term

Total Monthly Price

Base Rent
$630 - $1,460

Total Monthly Price
$630 - $1,460
Built in 2025Studio to 4 Bedroom Apartments Available Aug 24

Accolade Minneapolis

2650 University AveMinneapolis, MN 55414
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The Arrow Apartments
$612 - $1,993
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$569 - $1,950
Required Monthly Fees
$43

Total Monthly Price
$612 - $1,993
Built in 20182 to 4 Bedroom Apartments Available Now

The Arrow Apartments

117 27th Ave SEMinneapolis, MN 55414
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Freund Haus
Rent Specials
$550 - $4,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$550 - $4,000

Total Monthly Price
$550 - $4,000
Built in 20261 to 5 Bedroom Apartments Available Sep 1

Freund Haus

1015 University Ave SEMinneapolis, MN 55414
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MN46 Apartments
Rent Specials
$1,459 - $1,950
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,459 - $1,950

Total Monthly Price
$1,459 - $1,950
Built in 2020Studio to 1 Bedroom Apartments Available Now

MN46 Apartments

4555 Minnehaha AveMinneapolis, MN 55406
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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The Pearl Apartments
Built in 20241 to 3 Bedroom Apartments

The Pearl Apartments

5405 Chicago AveMinneapolis, MN 55417
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ZEO Apartments
Built in 2018Studio to 2 Bedroom Apartments

ZEO Apartments

3145 Hennepin AveMinneapolis, MN 55408
Corporate Housing
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3333 Hennepin
Built in 20231 to 2 Bedroom Apartments

3333 Hennepin

3333 Hennepin AveMinneapolis, MN 55408
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Ox-Op Apartments
Built in 2020Studio to 2 Bedroom Apartments

Ox-Op Apartments

1111 S Washington AveMinneapolis, MN 55415
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Alexander Apartments
Built in 2021Studio to 2 Bedroom Apartments

Alexander Apartments

3224-3236 Girard AveMinneapolis, MN 55408
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Bryant Park Lofts
Built in 2023Studio to 2 Bedroom Apartments

Bryant Park Lofts

3130 Bryant Ave SMinneapolis, MN 55408
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Arbor Court
Built in 20241 to 3 Bedroom Apartments

Arbor Court

3755 S Wooddale AveMinneapolis, MN 55416
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823 15th Ave SE
Built in 20171 Bedroom Apartments

823 15th Ave SE

823 15th Ave SEMinneapolis, MN 55414
Student Housing
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Laurel Apartments
Built in 20221 to 2 Bedroom Apartments

Laurel Apartments

3136 Minnehaha AveMinneapolis, MN 55406
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Wangstad Commons
Built in 20241 to 4 Bedroom Apartments

Wangstad Commons

6101 Brooklyn Blvd NMinneapolis, MN 55429

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.

Minneapolis, MN Area Reviews

  • Parks
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  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
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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 Freund Haus listed at $550.

How much is the average rent for a New Minneapolis Apartment?

The average rent for a New Apartment in Minneapolis is $3,018.

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 $1,643 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 572 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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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.