
Apartments for Rent in Minneapolis, MN Under $1,500 (1,775 Rentals) Page 2 of 36


Total Monthly Price
The Palmer

Total Monthly Price
Kenwood Gables

Total Monthly Price
MOD42 Apartments

Total Monthly Price
Junction Flats

Total Monthly Price
Tree Tops Apartments

Total Monthly Price
4610 Bryant Ave S

Total Monthly Price
Serene Apartments

Total Monthly Price
Inspire

Total Monthly Price
2655 Colfax Ave S
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.

Total Monthly Price
Minnehaha 94

Total Monthly Price
Marbella on Dean

Total Monthly Price
The Shale

Total Monthly Price
3117 Colfax Ave S, Unit 3

Total Monthly Price
2428 Jackson St NE, Unit 2

Total Monthly Price
270 Hennepin

Total Monthly Price
Buzza Lofts of Uptown

Total Monthly Price
Thornton Place Apartments

Total Monthly Price
The Bryn

Total Monthly Price
1700/10 Johnson St
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.

Total Monthly Price
Talo

Total Monthly Price
Rex 26 Apartments

Total Monthly Price
Revel

Total Monthly Price
Soo Line

Total Monthly Price
Duffey Lofts

Total Monthly Price
One Ten Grant

Total Monthly Price
Quarry Place

Total Monthly Price
Rafter

Total Monthly Price
Tula

Total Monthly Price
The Hall Lofts

Total Monthly Price
311 Kenwood Pkwy

Total Monthly Price
City Limits Apartments

Total Monthly Price
430 Oak Grove

Total Monthly Price
N&E

Total Monthly Price
Diamond Pointe Apartments

Total Monthly Price
Track 29 Apartments

Total Monthly Price
Lyndy Apartments

Total Monthly Price
Fulton Terrace

Total Monthly Price
Blue and Lime

Total Monthly Price
Loring Park

Total Monthly Price
Stone Arch I

Total Monthly Price
East Village

Total Monthly Price
Karinsplass Apartments

Total Monthly Price
The Metro Apartments

Total Monthly Price
Timber & Tie

Total Monthly Price
1115 Humboldt Ave N

Total Monthly Price
415 23rd Ave N, Unit 4

Total Monthly Price
Runnstone Senior Living

Total Monthly Price
7617 69th Ave N, Unit #4

Total Monthly Price
HERE Minneapolis 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 Under $1500 | $1,317 | $635 | $2,544 |
| Minneapolis 1 Bedroom Apartments Under $1500 | $1,613 | $500 | $6,629 |
| Minneapolis 2 Bedroom Apartments Under $1500 | $2,179 | $280 | $10,000+ |
| Minneapolis 3 Bedroom Apartments Under $1500 | $2,589 | $437 | $10,000+ |
| Minneapolis 4 Bedroom Apartments Under $1500 | $2,620 | $649 | $7,199 |
| Minneapolis 5 Bedroom Apartments | $3,309 | $650 | $7,612 |
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 Minneapolis
How much are Studio apartments in Minneapolis?
There are currently 2,345 Studio Apartments in Minneapolis with rent ranges from $635 to $2,544 with an average price of $1,317.
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 $6,629 with an average monthly rent of $1,613.
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 $2,179.
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 $437 to $11,439 - averaging $2,589 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

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.