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


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Lago Apartments

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Mill City Quarter

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Lake Street Dwelling

North Creek

Rosa

Dakar on Lake

Artistry on 10th

Akin Apartments

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B-Side
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

Jax Apartments

Midwell

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The Bessemer at Seward Commons

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Lumos Apartments

29 Bryant Apartments

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Wakpada Apartments

PURE Lowry

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Nox Apartments

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Miro
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.

Sanctuary Lofts

Everlake Apartments

Odie Apartments

Aberdeen Apartments

Gateway Northeast

The Redwell

Marquee

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Timber & Tie

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CityLine

Nico East
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.

Ladder 260

Overland Apartments

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22 on the River

Factory Lofts

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Hub Minneapolis

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Accolade Minneapolis

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The Arrow Apartments

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Freund Haus

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MN46 Apartments

Groove Lofts
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.

The Pearl Apartments

ZEO Apartments

3333 Hennepin

Ox-Op Apartments

Alexander Apartments

Bryant Park Lofts

Arbor Court

823 15th Ave SE

Laurel Apartments

Wangstad Commons
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 Local Guide

How much does it cost to rent an apartment in Minneapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Minneapolis Studio Apartments | $1,321 | $635 | $2,439 |
| Minneapolis 1 Bedroom Apartments | $1,655 | $650 | $6,729 |
| Minneapolis 2 Bedroom Apartments | $2,201 | $280 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,589 | $739 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,405 | $649 | $7,975 |
| Minneapolis 5 Bedroom Apartments | $3,412 | $650 | $8,564 |
Browse Top Apartments in Minneapolis
See all Apartments in MinneapolisExplore Minneapolis
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 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

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.

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.

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.

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

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.

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.

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.

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.