
New Apartments for Rent in Minneapolis, MN Under $1,500 (246 Rentals) Page 3 of 5


The Mezz at West Lake Quarter

Arbor Court

823 15th Ave SE

Alexander Apartments

North Loop Green 360

Fuller Park Flats

3333 Hennepin

Ox-Op Apartments

2600 Dupont Ave South
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.

3828 Apartments

Motiv Apartments

The Lily Pad

Archer Apartments

Olson Park Apartments

1010 Lofts

Mezzo

Arthaus Apartments

Marko Apartments

Prox31

Kolo Apartments

Apt on Essex - East

1040 Como Ave SE

617 10th Avenue SE

Amp House

The Larking

Good Dwelling

The Hive

Verso

Penn Avenue Union

Ernestine Apartments

801 8th St SE

The Cameron North Loop

Plymouth Avenue Apartments

Lume

Hook and Ladder Apartments

Sabathani Senior Housing

The Hillock

PERIS Hill

Blaise Apartments

Trademark Apartments

Park & Franklin Lofts

SoPHI Apartments

The Link Minneapolis Tower

Apts on Essex - West

Casablanca

Broadway Flats

2810 Park Ave

The Standard at Dinkytown

East Town Apartments
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 | $1,317 | $635 | $2,544 |
| Minneapolis 1 Bedroom Apartments | $1,613 | $500 | $6,629 |
| Minneapolis 2 Bedroom Apartments | $2,179 | $280 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,589 | $437 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,620 | $649 | $7,199 |
| Minneapolis 5 Bedroom Apartments | $3,309 | $650 | $7,612 |
Browse Top Apartments in Minneapolis
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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 Allianze Sr. Community listed at $500.
How much is the average rent for a New Minneapolis Apartment?
The average rent for a New Apartment in Minneapolis is $2,328.
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 $1,632 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 564 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

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.