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


Laurel and Olive

HQ Apartments

The Bohen Apartments

Arrive Loring Park

The Larking

Mill City Quarter
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.

Lake Street Dwelling

Oaks Minnehaha Longfellow

1040 Como Ave SE

1010 Lofts

Good Dwelling: Live Your Best Life!

1000 Main Street Apartments

Hencen

MOD42 Apartments

Everlake Apartments

North Creek

Jax Apartments

Marko Apartments

Dakar on Lake
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.

Satori

The Bessemer at Seward Commons

Huck Apartments

Lakefield Apartments

Lumos Apartments

Artistry on 10th

The Whit
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

Rym Apartments

CityLine Apartments

Marquee

MoDI Apartments

Miro

Deco 265

Alexander Apartments

Nico East

The Asher

Gateway Northeast

Southsider

Daymark Uptown

Akin Apartments

The Central

Odie Apartments

B-Side

Local 15

Ladder 260

Nox Apartments

29 Bryant Apartments

Park & Franklin Lofts

Factory Lofts
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 | $1,370 | $640 | $8,705 |
Minneapolis 1 Bedroom Apartments | $1,659 | $500 | $7,638 |
Minneapolis 2 Bedroom Apartments | $2,306 | $479 | $10,000+ |
Minneapolis 3 Bedroom Apartments | $2,580 | $495 | $10,000+ |
Minneapolis 4 Bedroom Apartments | $2,624 | $495 | $9,750 |
Minneapolis 5 Bedroom Apartments | $3,531 | $2,100 | $8,390 |
Explore Minneapolis
Getting Around Minneapolis, MN
Walk Score®
75 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
83 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
52 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Hub Minneapolis listed at $540.
How much is the average rent for a New Minneapolis Apartment?
The average rent for a New Apartment in Minneapolis is $2,357.
What is the largest New Minneapolis Apartment for rent?
Today's New apartment with the most square footage in Minneapolis is a 3,450 square feet unit starting from $2,150 at The Lakes Residences.
What is the average size for Minneapolis New Apartments for rent?
The average size for a New rental in Minneapolis is currently at 560 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.