Top Rated Apartments for Rent in Minneapolis, MN Under $1,500 (321 Rentals)

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Apartments in Minneapolis with the best features, newest construction, and richest amenities.

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Revel
Rent Specials
$1,470 - $3,787
Total Monthly Price

Total Monthly Price

Base Rent
$1,307 - $3,624
Required Monthly Fees
$163
Total Monthly Price
$1,470 - $3,787
Studio to 2 Bedroom Apartments Available Now

Revel

1300 W Lake StMinneapolis, MN 55408
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Hencen
Rent Specials
$1,467 - $2,676
Total Monthly Price

Total Monthly Price

Base Rent
$1,287 - $2,496
Required Monthly Fees
$180
Total Monthly Price
$1,467 - $2,676
Studio to 2 Bedroom Apartments Available Now

Hencen

455 Central Ave SEMinneapolis, MN 55414
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MN46 Apartments
Rent Specials
$1,459 - $1,689
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,459 - $1,689
Total Monthly Price
$1,459 - $1,689
Studio to 1 Bedroom Apartments Available Jan 1, 2026

MN46 Apartments

4555 Minnehaha AveMinneapolis, MN 55406
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Huck Apartments
Rent Specials
$1,458 - $2,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,403 - $2,095
Required Monthly Fees
$55
Total Monthly Price
$1,458 - $2,150
Studio to 3 Bedroom Apartments Available Now

Huck Apartments

402 2nd St NEMinneapolis, MN 55413
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Velo
Rent Specials
$1,455 - $3,132
Total Monthly Price

Total Monthly Price

Base Rent
$1,451 - $3,128
Required Monthly Fees
$4
Total Monthly Price
$1,455 - $3,132
Studio to 2 Bedroom Apartments Available Now

Velo

115 N 2nd StMinneapolis, MN 55401
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Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes

Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

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METRIC Apartments
$1,445
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,425
Required Monthly Fees
$20
Total Monthly Price
$1,445
1 Bedroom Apartments Available Feb 1, 2026

METRIC Apartments

3820 W 31st StMinneapolis, MN 55416
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Foundry Lake Street
Rent Specials
$1,432 - $3,604
Total Monthly Price

Total Monthly Price

Base Rent
$1,407 - $3,579
Required Monthly Fees
$25
Total Monthly Price
$1,432 - $3,604
Studio to 3 Bedroom Apartments Available Now

Foundry Lake Street

3118 West Lake StMinneapolis, MN 55416
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Frances
Rent Specials
$1,426 - $3,370
Total Monthly Price

Total Monthly Price

Base Rent
$1,251 - $3,195
Required Monthly Fees
$175
Total Monthly Price
$1,426 - $3,370
Studio to 3 Bedroom Apartments Available Now

Frances

1030 NE Main StMinneapolis, MN 55413
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The Bohen Apartments
Rent Specials
$1,416 - $4,020
Total Monthly Price

Total Monthly Price

Base Rent
$1,335 - $3,939
Required Monthly Fees
$81
Total Monthly Price
$1,416 - $4,020
Studio to 3 Bedroom Apartments Available Now

The Bohen Apartments

2851 Hennepin AveMinneapolis, MN 55408
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MAX
$1,412 - $4,517
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $4,500
Required Monthly Fees
$17
Total Monthly Price
$1,412 - $4,517
Studio to 3 Bedroom Apartments Available Now

MAX

150 26th Ave SEMinneapolis, MN 55414
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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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Be @ Axon Green
Rent Specials
$1,384 - $4,269
Total Monthly Price

Total Monthly Price

Base Rent
$1,380 - $4,265
Required Monthly Fees
$4
Total Monthly Price
$1,384 - $4,269
Studio to 2 Bedroom Apartments Available Now

Be @ Axon Green

3144 Chowen Ave SMinneapolis, MN 55416
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Kenwood Gables
Rent Specials
$1,375 - $2,990
Total Monthly Price

Total Monthly Price

Base Rent
$1,375 - $2,990
Total Monthly Price
$1,375 - $2,990
Studio to 2 Bedroom Apartments Available Now

Kenwood Gables

700 Douglas AveMinneapolis, MN 55403
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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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Parkway West Apartments
$1,365 - $1,465
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,345 - $1,445
Required Monthly Fees
$20
Total Monthly Price
$1,365 - $1,465
1 Bedroom Apartments Available Now

Parkway West Apartments

4556 S 46th AveMinneapolis, MN 55406
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Grain Belt
$1,350 - $3,476
Total Monthly Price

Total Monthly Price

Base Rent
$1,330 - $3,456
Required Monthly Fees
$20
Total Monthly Price
$1,350 - $3,476
Studio to 3 Bedroom Apartments Available Now

Grain Belt

1215 Marshall St NEMinneapolis, MN 55413
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Spectrum Apartments & Townhomes
$1,349 - $2,849
Total Monthly Price

Total Monthly Price

Base Rent
$1,345 - $2,845
Required Monthly Fees
$4
Total Monthly Price
$1,349 - $2,849
1 to 4 Bedroom Apartments Available Now

Spectrum Apartments & Townhomes

815 9th Ave SEMinneapolis, MN 55414
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The Laker
Rent Specials
$1,344 - $3,327
Total Monthly Price

Total Monthly Price

Base Rent
$1,329 - $3,312
Required Monthly Fees
$15
Total Monthly Price
$1,344 - $3,327
Studio to 3 Bedroom Apartments Available Now

The Laker

2500 2nd St NEMinneapolis, MN 55418
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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 Station at Malcolm Yards
Rent Specials
$1,321 - $2,276
Total Monthly Price

Total Monthly Price

Base Rent
$1,321 - $2,276
Total Monthly Price
$1,321 - $2,276
Studio to 2 Bedroom Apartments Available Now

The Station at Malcolm Yards

485 Malcolm Ave SEMinneapolis, MN 55414
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Motiv Apartments
$1,315
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,295
Required Monthly Fees
$20
Total Monthly Price
$1,315
1 Bedroom Apartments Available Now

Motiv Apartments

1006 W 24th StMinneapolis, MN 55405
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365 Nicollet
Rent Specials
$1,314 - $12,063
Total Monthly Price

Total Monthly Price

Base Rent
$1,280 - $12,029
Required Monthly Fees
$34
Total Monthly Price
$1,314 - $12,063
Studio to 3 Bedroom Apartments Available Now

365 Nicollet

365 Nicollet MallMinneapolis, MN 55401
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Lumos Apartments
Rent Specials
$1,307 - $1,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,252 - $1,595
Required Monthly Fees
$55
Total Monthly Price
$1,307 - $1,650
Studio to 2 Bedroom Apartments Available Now

Lumos Apartments

2826 Girard Ave SMinneapolis, MN 55408
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MPA / Marcy Park Apartments
Rent Specials
$1,304 - $2,503
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300 - $2,499
Required Monthly Fees
$4
Total Monthly Price
$1,304 - $2,503
1 to 4 Bedroom Apartments Available Now

MPA / Marcy Park Apartments

1015 8th StMinneapolis, MN 55414
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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.

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Minneapolis, MN Local Guide

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Minneapolis, MN

Ranked #1

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Minneapolis, MN Rentals by Map

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See the most popular apartments and homes in Minneapolis, MN

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Minneapolis, MN Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Stephanie • 4+ 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 Minneapolis

How much are Studio apartments in Minneapolis?

There are currently 2,367 Studio Apartments in Minneapolis with rent ranges from $479 to $5,541 with an average price of $2,629.

What is the current price range for One Bedroom Minneapolis Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Minneapolis ranges from $500 to $5,800 with an average monthly rent of $1,547.

What does renting a Two Bedroom Apartment in Minneapolis cost?

The monthly rent prices of Two Bedroom Apartments currently available in Minneapolis range from $469 to $15,685. Today's average rental price for Two Bedrooms here is $2,159.

How expensive are Minneapolis Three Bedroom Apartments?

There are currently 652 Three Bedroom Apartments listings available in Minneapolis on ApartmentHomeLiving.com. The pricing ranges from $495 to $10,001 - averaging $2,402 for the location.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!