
Apartments for Rent in Minneapolis, MN Under $1,500 (1,663 Rentals)


1522 Fremont Ave N, Unit 1522 Fremont Ave. N

LPM Apartments

2209 Pleasant, Llc

Parkway West Apartments
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.

The Hall Lofts

MN46 Apartments

MPA / Marcy Park Apartments

Kenwood Gables

SECOND AND SECOND

Be @ Axon Green

Intersect

Red 20 Apartments

Churchill

NoLo Living

3555 Bloomington Ave, Unit 4
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.

5340 Russell Ave N, Unit 2

3848 16th Ave S, Unit 3848

The Pearl Apartments

732 Polk St NE

Chateau Student Housing Cooperative

4Marq

Third North Apartments

Mill City Apartments
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.

Lucille

3725 Stinson

Gopher Commons 1701

Cove at Linden Hills

ELEVATE Apartment Homes

3828 Apartments

700 Central Historic Lofts & New Flats

The Palmer

Solstice Northeast
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.

East End

Duffey Lofts

Rex26

Boutique 28

Lowa46
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.

Buzza Lofts of Uptown

Tyler Street Stacks

Spectrum Apartments & Townhomes
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 | $1,358 | $640 | $7,871 |
Minneapolis 1 Bedroom Apartments Under $1500 | $1,660 | $500 | $7,093 |
Minneapolis 2 Bedroom Apartments Under $1500 | $2,308 | $479 | $10,000+ |
Minneapolis 3 Bedroom Apartments Under $1500 | $2,583 | $495 | $10,000+ |
Minneapolis 4 Bedroom Apartments Under $1500 | $2,739 | $495 | $10,000+ |
Minneapolis 5 Bedroom Apartments | $3,455 | $2,100 | $7,600 |
Browse Top Apartments in Minneapolis
See all Apartments in MinneapolisExplore Minneapolis
Minneapolis, MN Local Guide
- Minneapolis Neighborhoods
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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.
Pet Friendly LifestyleMinneapolis, MN
Ranked #1
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Minneapolis, MN Rentals by Map
See the most popular apartments and homes in Minneapolis, MN
Getting Around Minneapolis, MN
Walk Score®
75 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
83 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
52 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 915 Studio Apartments in Minneapolis with rent ranges from $640 to $7,871 with an average price of $1,358.
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 $7,093 with an average monthly rent of $1,660.
What does renting a Two Bedroom Apartment in Minneapolis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Minneapolis range from $479 to $15,685. Today's average rental price for Two Bedrooms here is $2,308.
How expensive are Minneapolis Three Bedroom Apartments?
There are currently 495 Three Bedroom Apartments listings available in Minneapolis on ApartmentHomeLiving.com. The pricing ranges from $495 to $12,039 - averaging $2,583 for the location.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.