New Apartments for Rent in Minneapolis, MN Under $1,500 (243 Rentals) Page 2 of 5

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Huck Apartments
$1,222 - $3,501
Total Monthly Price

Total Monthly Price

Base Rent
$1,066 - $3,345
Required Monthly Fees
$156

Total Monthly Price
$1,222 - $3,501
Built in 20231 to 3 Bedroom Apartments Available Jul 20

Huck Apartments

402 2nd St NEMinneapolis, MN 55413
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Oaks Minnehaha Longfellow
$1,217 - $2,215
Total Monthly Price

Total Monthly Price

Base Rent
$1,202 - $2,200
Required Monthly Fees
$15

Total Monthly Price
$1,217 - $2,215
Built in 2020Studio to 2 Bedroom Apartments Available Jul 8

Oaks Minnehaha Longfellow

5329 48th Ave SMinneapolis, MN 55417
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Rym Apartments
Rent Specials
$1,212 - $1,677
Total Monthly Price14 Month Lease Term

Total Monthly Price

Base Rent
$1,135 - $1,600
Required Monthly Fees
$77

Total Monthly Price
$1,212 - $1,677
Built in 2020Studio Apartments Available Now

Rym Apartments

309-NE Ulysses StMinneapolis, MN 55413
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Flats at Malcolm Yards
Rent Specials
$1,205 - $1,739
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,201 - $1,735
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 20231 to 2 Bedroom Apartments Available Now

Flats at Malcolm Yards

505 SE Malcolm AveMinneapolis, MN 55414
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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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Lake Street Dwelling
Rent Specials
$1,200 - $1,734
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,196 - $1,730
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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North Creek
$1,200 - $1,931
Plus Fees12 Month Lease Term
Built in 20251 to 3 Bedroom Apartments Contact Us For Availability

North Creek

560 Humboldt Ave NMinneapolis, MN 55405
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Rosa
Rent Specials
$1,200 - $2,795
Plus Fees18 Month Lease Term
Built in 2022Studio to 3 Bedroom Apartments Available Now

Rosa

4201 Nicollet AveMinneapolis, MN 55409
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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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The Whit
Rent Specials
$1,190 - $3,090
Plus Fees
Built in 2017Studio to 1 Bedroom Apartments Available Now

The Whit

2201 Blaisdell AveMinneapolis, MN 55404
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B-Side
Rent Specials
$1,180 - $1,730
Total Monthly Price

Total Monthly Price

Base Rent
$1,165 - $1,715
Required Monthly Fees
$15

Total Monthly Price
$1,180 - $1,730
Built in 2021Studio to 2 Bedroom Apartments Available Now

B-Side

3027 22nd Ave SMinneapolis, MN 55407
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The Bessemer at Seward Commons
Rent Specials
$1,173 - $2,032
Total Monthly Price

Total Monthly Price

Base Rent
$1,165 - $2,024
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2022Studio to 2 Bedroom Apartments Available Now

The Bessemer at Seward Commons

2220 Snelling AveMinneapolis, MN 55404
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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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CityLine
$1,136 - $1,817
Total Monthly Price

Total Monthly Price

Base Rent
$1,136 - $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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Miro
Rent Specials
$1,125 - $1,904
Total Monthly Price

Total Monthly Price

Base Rent
$1,125 - $1,904

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

Miro

1207 Glenwood AveMinneapolis, MN 55405
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The Redwell
Rent Specials
$1,125 - $1,295
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,125 - $1,295

Total Monthly Price
Varies
Built in 2020Studio to 1 Bedroom Apartments Available Now

The Redwell

1020 3rd St NMinneapolis, MN 55401
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Rafter
Rent Specials
$1,123 - $4,506
Plus Fees
Built in 2019Studio to 3 Bedroom Apartments Available Now

Rafter

333 E Hennepin AveMinneapolis, MN 55414
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The Central
Rent Specials
$1,113 - $1,673
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,108 - $1,668
Required Monthly Fees
Varies

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

The Central

3503 2nd Ave SMinneapolis, MN 55408
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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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Canvas Apartments
$1,101 - $2,326
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,097 - $2,322
Required Monthly Fees
$4

Total Monthly Price
$1,101 - $2,326
Built in 20241 to 3 Bedroom Apartments Available Now

Canvas Apartments

2301 NE California StMinneapolis, MN 55418
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Daymark Uptown
Rent Specials
$1,088 - $6,908
Total Monthly Price

Total Monthly Price

Base Rent
$1,080 - $6,900
Required Monthly Fees
Varies

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

Daymark Uptown

1455 W Lake StMinneapolis, MN 55408
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1500 Nicollet
Rent Specials
$1,075 - $2,887
Total Monthly Price

Total Monthly Price

Base Rent
$1,070 - $2,882
Required Monthly Fees
$5

Total Monthly Price
$1,075 - $2,887
Built in 2019Studio to 3 Bedroom Apartments Available Now

1500 Nicollet

1500 Nicollet Ave SMinneapolis, MN 55403
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The Asher
Rent Specials
$1,060 - $2,920
Plus Fees12 Month Lease Term
Built in 2020Studio to 2 Bedroom Apartments Available Now

The Asher

1125 Lagoon AveMinneapolis, 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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Timber & Tie
Rent Specials
$1,030 - $1,615
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,025 - $1,610
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2021Studio to 4 Bedroom Apartments Available Now

Timber & Tie

900 14th Ave NEMinneapolis, MN 55413
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The Theodore Apartments 55+
Rent Specials
$1,021 - $1,438
Total Monthly Price

Total Monthly Price

Base Rent
$1,017 - $1,434
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 20231 to 2 Bedroom Apartments Available Now

The Theodore Apartments 55+

2840 N Wayzata BlvdMinneapolis, MN 55405
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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
Rent Specials
$675 - $2,115
Total Monthly Price

Total Monthly Price

Base Rent
$675 - $2,115

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

Hub Minneapolis

311 Harvard St SEMinneapolis, MN 55414
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The Arrow Apartments
$632 - $1,993
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$589 - $1,950
Required Monthly Fees
$43

Total Monthly Price
$632 - $1,993
Built in 2018Studio to 4 Bedroom Apartments Available Now

The Arrow Apartments

117 27th Ave SEMinneapolis, MN 55414
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Accolade Minneapolis
$580 - $1,454
Total Monthly Price11 Month Lease Term

Total Monthly Price

Base Rent
$580 - $1,454

Total Monthly Price
$580 - $1,454
Built in 2025Studio to 4 Bedroom Apartments Available Now

Accolade Minneapolis

2650 University AveMinneapolis, MN 55414
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Minneapolis, MN Area Reviews

  • Parks
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  • 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 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 $2,408.

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 $1,619 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 571 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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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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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.