Top Rated Apartments for Rent in Minneapolis, MN Under $1,500 (256 Rentals) Page 2 of 6

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

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Mill City Quarter
Rent Specials
$1,203 - $1,731
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,199 - $1,727
Required Monthly Fees
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Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Mill City Quarter

300 S 2nd StMinneapolis, MN 55401
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The Theodore Apartments 55+
Rent Specials
$1,203 - $1,438
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $1,434
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

The Theodore Apartments 55+

2840 N Wayzata BlvdMinneapolis, MN 55405
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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
Studio 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
Studio to 2 Bedroom Apartments Available Now

Lake Street Dwelling

410-510 W Lake StMinneapolis, MN 55408
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Hiawatha Flats
Rent Specials
$1,195 - $2,365
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $2,365

Total Monthly Price
$1,195 - $2,365
Studio to 2 Bedroom Apartments Available Now

Hiawatha Flats

3625 E 43rd StMinneapolis, MN 55406
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Wakpada Apartments
Rent Specials
$1,178 - $1,778
Total Monthly Price

Total Monthly Price

Base Rent
$1,163 - $1,763
Required Monthly Fees
$15

Total Monthly Price
$1,178 - $1,778
Studio to 2 Bedroom Apartments Available Now

Wakpada Apartments

4603 Minnehaha AveMinneapolis, MN 55406
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Lumos Apartments
Rent Specials
$1,170 - $2,215
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $2,145
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Lumos Apartments

2826 Girard Ave SMinneapolis, MN 55408
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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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242 West Franklin Ave
$1,080 - $1,480
Total Monthly Price

Total Monthly Price

Base Rent
$925 - $1,325
Required Monthly Fees
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Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

242 West Franklin Ave

242 W Franklin AveMinneapolis, MN 55404
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AVID Uptown
$1,072 - $1,112
Total Monthly Price

Total Monthly Price

Base Rent
$1,005 - $1,045
Required Monthly Fees
$67

Total Monthly Price
$1,072 - $1,112
Studio to 1 Bedroom Apartments Available Oct 1

AVID Uptown

3431 Dupont Ave SMinneapolis, MN 55408
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East River Terrace
Rent Specials
$1,036 - $1,296
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,015 - $1,275
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

East River Terrace

2101 E River TerMinneapolis, MN 55414
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Belmont Apartments
$1,021
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$875
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio Apartments Available Now

Belmont Apartments

1000 Franklin Ave WMinneapolis, MN 55403
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Portage Apartments
$1,015 - $1,255
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,015 - $1,255

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Sep 1

Portage Apartments

3146 W Bde Maka Ska BlvdMinneapolis, MN 55416
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LaSalle Apartments
Rent Specials
$1,014 - $1,684
Total Monthly Price

Total Monthly Price

Base Rent
$999 - $1,669
Required Monthly Fees
$15

Total Monthly Price
$1,014 - $1,684
Studio to 1 Bedroom Apartments Available Now

LaSalle Apartments

36 S 9th StMinneapolis, MN 55402
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Studios at 7 Corners
$1,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950
Required Monthly Fees
$50

Total Monthly Price
$1,000
Studio Apartments Available Now

Studios at 7 Corners

1414 S 3rd StMinneapolis, MN 55454
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Garden Apartments
$999 - $1,189
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$949 - $1,139
Required Monthly Fees
$50

Total Monthly Price
$999 - $1,189
1 Bedroom Apartments Available Now

Garden Apartments

5700-5712 34th Ave SMinneapolis, MN 55417
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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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225 Place Apartments
Rent Specials
$903 - $953
Total Monthly Price

Total Monthly Price

Base Rent
$899 - $949
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio Apartments Available Now

225 Place Apartments

225 W 15th StMinneapolis, MN 55403
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Loring Grove Apartments
$850 - $1,025
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$850 - $1,025

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Sep 18

Loring Grove Apartments

125 Oak Grove StMinneapolis, MN 55403
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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
Studio to 2 Bedroom Apartments Available Now

22 on the River

22 27th Ave SEMinneapolis, MN 55414
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Bridgewater Crossings
$750 - $1,050
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$750 - $1,050

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

Bridgewater Crossings

2101-2020 21st Ave SMinneapolis, MN 55404
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Hub Minneapolis
$639 - $1,494
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$620 - $1,475
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 4 Bedroom Apartments Available Aug 20

Hub Minneapolis

311 Harvard St SEMinneapolis, MN 55414
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Accolade Minneapolis
$630 - $1,460
Total Monthly Price11 Month Lease Term

Total Monthly Price

Base Rent
$630 - $1,460

Total Monthly Price
$630 - $1,460
Studio to 4 Bedroom Apartments Available Aug 24

Accolade Minneapolis

2650 University AveMinneapolis, MN 55414
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The Marshall
$555 - $1,586
Total Monthly Price11 Month Lease Term

Total Monthly Price

Base Rent
$549 - $1,580
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 4 Bedroom Apartments Available Aug 20

The Marshall

515 14th Ave SEMinneapolis, MN 55414
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MN46 Apartments
Rent Specials
$1,459 - $1,950
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,459 - $1,950

Total Monthly Price
$1,459 - $1,950
Studio to 1 Bedroom Apartments Available Now

MN46 Apartments

4555 Minnehaha AveMinneapolis, MN 55406
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ZEO Apartments
Studio to 2 Bedroom Apartments

ZEO Apartments

3145 Hennepin AveMinneapolis, MN 55408
Corporate Housing
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Alexander Apartments
Studio to 2 Bedroom Apartments

Alexander Apartments

3224-3236 Girard AveMinneapolis, MN 55408
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Fuller Park Flats
Studio to 2 Bedroom Apartments

Fuller Park Flats

4738 Grand Ave SMinneapolis, MN 55419
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Peregrine
1 to 4 Bedroom Apartments

Peregrine

2035 W River RdMinneapolis, MN 55411
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Red20
Studio to 3 Bedroom Apartments

Red20

20 6th St NEMinneapolis, MN 55413
Corporate Housing
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1328 Idaho Ave S
Studio to 1 Bedroom Apartments

1328 Idaho Ave S

1328 Idaho Ave SMinneapolis, MN 55426
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Vantage Flats
1 to 3 Bedroom Apartments

Vantage Flats

5359 Minnehaha AveMinneapolis, MN 55417
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The Lily Pad
Studio to 2 Bedroom Apartments

The Lily Pad

3601 Nicollet AveMinneapolis, MN 55409
  • Utilities Included

Minneapolis, MN Area Reviews

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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 Minneapolis

How much are Studio apartments in Minneapolis?

There are currently 2,347 Studio Apartments in Minneapolis with rent ranges from $333 to $2,584 with an average price of $2,683.

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 $6,639 with an average monthly rent of $1,646.

What does renting a Two Bedroom Apartment in Minneapolis cost?

The monthly rent prices of Two Bedroom Apartments currently available in Minneapolis range from $280 to $15,685. Today's average rental price for Two Bedrooms here is $2,206.

How expensive are Minneapolis Three Bedroom Apartments?

There are currently 680 Three Bedroom Apartments listings available in Minneapolis on ApartmentHomeLiving.com. The pricing ranges from $739 to $10,995 - averaging $2,584 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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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.

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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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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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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

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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.

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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.