Apartments for Rent in Minneapolis, MN Under $1,600 (1,796 Rentals)

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Maverick
$1,573 - $5,228
Total Monthly Price

Total Monthly Price

Base Rent
$1,565 - $5,220
Required Monthly Fees
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Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

Maverick

120 Hennepin AveMinneapolis, MN 55401
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Creek Terrace
$1,550
Total Monthly Price

Total Monthly Price

Base Rent
$1,395
Required Monthly Fees
Varies

Total Monthly Price
Varies
2 Bedroom Apartments Available Jun 1

Creek Terrace

616 W 53rd StMinneapolis, MN 55419
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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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N&E
$1,541 - $2,611
Total Monthly Price

Total Monthly Price

Base Rent
$1,535 - $2,605
Required Monthly Fees
$6

Total Monthly Price
$1,541 - $2,611
1 to 2 Bedroom Apartments Available Now

N&E

107 13th Ave NEMinneapolis, MN 55413
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The Paxon
$1,532 - $3,342
Total Monthly Price

Total Monthly Price

Base Rent
$1,527 - $3,337
Required Monthly Fees
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Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

The Paxon

360 N 1st StMinneapolis, MN 55401
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Sora
Rent Specials
$1,530 - $4,415
Total Monthly Price

Total Monthly Price

Base Rent
$1,530 - $4,415

Total Monthly Price
$1,530 - $4,415
1 to 2 Bedroom Apartments Available Now

Sora

600 S 5th AveMinneapolis, MN 55415
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Velo
$1,521 - $3,217
Total Monthly Price

Total Monthly Price

Base Rent
$1,516 - $3,212
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Jul 7

Velo

115 N 2nd StMinneapolis, MN 55401
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4Marq
Rent Specials
$1,518 - $4,268
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $4,250
Required Monthly Fees
Varies

Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

4Marq

400 Marquette AveMinneapolis, MN 55401
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The Grain Belt
$1,515 - $2,537
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,509 - $2,531
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Grain Belt

1215 Marshall St NEMinneapolis, MN 55413
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The Julia
Rent Specials
$1,504 - $2,924
Total Monthly Price

Total Monthly Price

Base Rent
$1,329 - $2,749
Required Monthly Fees
$175

Total Monthly Price
$1,504 - $2,924
Studio to 2 Bedroom Apartments Available Now

The Julia

80 Broadway St NEMinneapolis, MN 55413
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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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The Beach Club Residences
Rent Specials
$1,500 - $11,793
Total Monthly Price

Total Monthly Price

Base Rent
$1,479 - $11,772
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 4 Bedroom Apartments Available Now

The Beach Club Residences

2900 Thomas Ave SMinneapolis, MN 55416
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Gopher Commons 1701
Rent Specials
$1,499 - $1,649
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,399 - $1,549
Required Monthly Fees
$100

Total Monthly Price
$1,499 - $1,649
2 Bedroom Apartments Available Now

Gopher Commons 1701

1701-1725 Elm St SEMinneapolis, MN 55414
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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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Solstice Northeast
$1,480 - $2,185
Total Monthly Price

Total Monthly Price

Base Rent
$1,280 - $1,985
Required Monthly Fees
$200

Total Monthly Price
$1,480 - $2,185
1 to 2 Bedroom Apartments Available Now

Solstice Northeast

635 Van Buren St NEMinneapolis, MN 55413
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Junction Flats
$1,476 - $6,692
Total Monthly Price

Total Monthly Price

Base Rent
$1,476 - $6,692

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Junction Flats

643 N 5th StMinneapolis, MN 55401
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Lake Harriet Commons
$1,461
Total Monthly Price

Total Monthly Price

Base Rent
$1,439
Required Monthly Fees
$22

Total Monthly Price
$1,461
2 Bedroom Apartments Available Jun 15

Lake Harriet Commons

4416 S Chowen AveMinneapolis, MN 55410
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MN46 Apartments
$1,459 - $1,479
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,459 - $1,479

Total Monthly Price
$1,459 - $1,479
Studio Apartments Available Now

MN46 Apartments

4555 Minnehaha AveMinneapolis, MN 55406
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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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Gatsby Apartments
Rent Specials
$1,458 - $4,093
Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $4,085
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Gatsby Apartments

1400 Park AveMinneapolis, MN 55404
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1315 29th Ave NE, Unit #2, Unit #2
$1,450
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450
1 Bedroom Apartment Available Jul 1

1315 29th Ave NE, Unit #2, Unit #2

1315 29th Ave NEMinneapolis, MN 55418
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Canvas Apartments
$1,449 - $2,326
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,445 - $2,322
Required Monthly Fees
$4

Total Monthly Price
$1,449 - $2,326
1 to 3 Bedroom Apartments Available Jul 1

Canvas Apartments

2301 NE California StMinneapolis, MN 55418
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2209 Pleasant, Llc
$1,445 - $2,145
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,295 - $1,995
Required Monthly Fees
$150

Total Monthly Price
$1,445 - $2,145
2 to 3 Bedroom Apartments Available Jun 1

2209 Pleasant, Llc

2209 Pleasant AveMinneapolis, MN 55404
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Tyler Street Stacks
$1,441 - $2,607
Total Monthly Price

Total Monthly Price

Base Rent
$1,333 - $2,499
Required Monthly Fees
Varies

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Tyler Street Stacks

1180 Tyler St NEMinneapolis, MN 55413
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Snelling Yards
$1,437 - $2,681
Total Monthly Price

Total Monthly Price

Base Rent
$1,437 - $2,681

Total Monthly Price
Varies
2 to 3 Bedroom Apartments Available Aug 1

Snelling Yards

3501 44th Ave SMinneapolis, MN 55406
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Sawyer Apartments
$1,436 - $2,646
Total Monthly Price

Total Monthly Price

Base Rent
$1,385 - $2,595
Required Monthly Fees
$51

Total Monthly Price
$1,436 - $2,646
Studio to 2 Bedroom Apartments Available Now

Sawyer Apartments

338 2nd St NEMinneapolis, MN 55413
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HQ Apartments
Rent Specials
$1,436 - $3,916
Total Monthly Price

Total Monthly Price

Base Rent
$1,386 - $3,866
Required Monthly Fees
$50

Total Monthly Price
$1,436 - $3,916
Studio to 3 Bedroom Apartments Available Now

HQ Apartments

816 Portland Ave SMinneapolis, MN 55404
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Minneapolis's Best Affordable Neighborhoods

Learn about Minneapolis, MN and the best places to live with original content written by our Minneapolis Local Expert Stephanie Lica

Minneapolis, MN Local Guide

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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

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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 2,370 Studio Apartments in Minneapolis with rent ranges from $640 to $3,769 with an average price of $1,325.

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 $7,259 with an average monthly rent of $1,636.

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 $17,116. Today's average rental price for Two Bedrooms here is $2,194.

How expensive are Minneapolis Three Bedroom Apartments?

There are currently 660 Three Bedroom Apartments listings available in Minneapolis on ApartmentHomeLiving.com. The pricing ranges from $739 to $14,500 - averaging $2,685 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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.