New Apartments for Rent in Minneapolis, MN Under $2,500 (348 Rentals)

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Borealis Apartments
$2,099 - $3,069
Total Monthly Price

Total Monthly Price

Base Rent
$1,899 - $2,869
Required Monthly Fees
$200
Total Monthly Price
$2,099 - $3,069
Built in 20181 to 2 Bedroom Apartments Available Now

Borealis Apartments

721 N 1st StMinneapolis, MN 55401
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The Eloise Apartments
Rent Specials
$1,993 - $2,038
Total Monthly Price

Total Monthly Price

Base Rent
$1,950 - $1,995
Required Monthly Fees
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Total Monthly Price
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Built in 20231 Bedroom Apartments Available Now

The Eloise Apartments

2850 N Wayzata BlvdMinneapolis, MN 55405
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Vesi
$1,910 - $3,982
Total Monthly Price

Total Monthly Price

Base Rent
$1,900 - $3,972
Required Monthly Fees
$10
Total Monthly Price
$1,910 - $3,982
Built in 2020Studio to 2 Bedroom Apartments Available Jun 11

Vesi

730 1/2 N 1st StMinneapolis, MN 55401
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O2
Rent Specials
$1,900 - $6,860
Plus Fees
Built in 20241 to 2 Bedroom Apartments Available Now

O2

250 Portland AveMinneapolis, MN 55401
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Caraway West End
Rent Specials
$1,836 - $4,406
Total Monthly Price

Total Monthly Price

Base Rent
$1,545 - $4,115
Required Monthly Fees
Varies
Total Monthly Price
Varies
Built in 2023Studio to 3 Bedroom Apartments Available Now

Caraway West End

5235 Wayzata BlvdMinneapolis, MN 55416
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Fuller Park Flats
$1,795 - $2,095
Total Monthly Price14 Month Lease Term

Total Monthly Price

Base Rent
$1,795 - $2,095
Total Monthly Price
Varies
Built in 20231 Bedroom Apartments Available Now

Fuller Park Flats

4738 Grand Ave SMinneapolis, MN 55419
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Archive
Rent Specials
$1,764 - $3,974
Total Monthly Price

Total Monthly Price

Base Rent
$1,589 - $3,799
Required Monthly Fees
$175
Total Monthly Price
$1,764 - $3,974
Built in 2020Studio to 2 Bedroom Apartments Available May 8

The Archive

110 N 1st StMinneapolis, MN 55401
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Canvas Apartments
$1,730 - $2,326
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,726 - $2,322
Required Monthly Fees
$4
Total Monthly Price
$1,730 - $2,326
Built in 20241 to 3 Bedroom Apartments Available Now

Canvas Apartments

2301 NE California StMinneapolis, MN 55418
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Ironclad Residential
Rent Specials
$1,695 - $4,350
Total Monthly Price

Total Monthly Price

Base Rent
$1,595 - $4,250
Required Monthly Fees
$100
Total Monthly Price
$1,695 - $4,350
Built in 20191 to 2 Bedroom Apartments Available Now

Ironclad Residential

811 Washington Ave SMinneapolis, MN 55415
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The M on Hennepin
Rent Specials
$1,652 - $4,353
Total Monthly Price

Total Monthly Price

Base Rent
$1,644 - $4,345
Required Monthly Fees
Varies
Total Monthly Price
Varies
Built in 20211 to 3 Bedroom Apartments Available Now

The M on Hennepin

10 2nd St SEMinneapolis, MN 55413
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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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Arris Blaine
Rent Specials
$1,574 - $2,413
Total Monthly Price

Total Monthly Price

Base Rent
$1,536 - $2,375
Required Monthly Fees
Varies
Total Monthly Price
Varies
Built in 2023Studio to 2 Bedroom Apartments Available Now

Arris Blaine

9460 Ulysses St NEMinneapolis, MN 55434
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Lucille
Rent Specials
$1,559 - $3,874
Total Monthly Price

Total Monthly Price

Base Rent
$1,384 - $3,699
Required Monthly Fees
$175
Total Monthly Price
$1,559 - $3,874
Built in 2021Studio to 3 Bedroom Apartments Available Now

Lucille

1025 Main StMinneapolis, MN 55413
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365 Nicollet
Rent Specials
$1,558 - $16,573
Total Monthly Price

Total Monthly Price

Base Rent
$1,542 - $16,557
Required Monthly Fees
Varies
Total Monthly Price
Varies
Built in 2018Studio to 3 Bedroom Apartments Available Now

365 Nicollet

365 Nicollet MallMinneapolis, MN 55401
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Rafter
Rent Specials
$1,558 - $10,134
Plus Fees
Built in 2019Studio to 3 Bedroom Apartments Available Now

Rafter

333 E Hennepin AveMinneapolis, MN 55414
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Frances
Rent Specials
$1,520 - $3,444
Total Monthly Price

Total Monthly Price

Base Rent
$1,345 - $3,269
Required Monthly Fees
$175
Total Monthly Price
$1,520 - $3,444
Built in 2021Studio to 3 Bedroom Apartments Available Now

Frances

1030 NE Main StMinneapolis, 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 Julia
Rent Specials
$1,504 - $3,174
Total Monthly Price

Total Monthly Price

Base Rent
$1,329 - $2,999
Required Monthly Fees
$175
Total Monthly Price
$1,504 - $3,174
Built in 2018Studio to 2 Bedroom Apartments Available Now

The Julia

80 Broadway St NEMinneapolis, MN 55413
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700 Central Lofts and Flats
$1,498 - $2,156
Total Monthly Price

Total Monthly Price

Base Rent
$1,490 - $2,148
Required Monthly Fees
Varies
Total Monthly Price
Varies
Built in 2016Studio to 2 Bedroom Apartments Available Now

700 Central Lofts and Flats

700 NE Central AveMinneapolis, MN 55414
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Tula
Rent Specials
$1,495 - $2,195
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,495 - $2,195
Total Monthly Price
$1,495 - $2,195
Built in 20181 Bedroom Apartments Available Now

Tula

3009 Holmes Ave SMinneapolis, MN 55408
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HQ Apartments
Rent Specials
$1,481 - $3,226
Total Monthly Price

Total Monthly Price

Base Rent
$1,431 - $3,176
Required Monthly Fees
$50
Total Monthly Price
$1,481 - $3,226
Built in 2018Studio to 3 Bedroom Apartments Available Now

HQ Apartments

816 Portland Ave SMinneapolis, MN 55404
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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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Moment
Rent Specials
$1,480 - $4,516
Plus Fees
Built in 2022Studio to 2 Bedroom Apartments Available Now

Moment

650 Portland Ave SMinneapolis, MN 55415
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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
Built in 20241 to 2 Bedroom Apartments Available May 1

Solstice Northeast

635 Van Buren St NEMinneapolis, MN 55413
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MN46 Apartments
$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
Built in 2020Studio to 1 Bedroom Apartments Available May 1

MN46 Apartments

4555 Minnehaha AveMinneapolis, MN 55406
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Sora
Rent Specials
$1,455 - $4,056
Total Monthly Price

Total Monthly Price

Base Rent
$1,455 - $4,056
Total Monthly Price
$1,455 - $4,056
Built in 2020Studio to 2 Bedroom Apartments Available Now

Sora

600 S 5th AveMinneapolis, MN 55415
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270 Hennepin
$1,445 - $16,193
Total Monthly Price

Total Monthly Price

Base Rent
$1,374 - $16,122
Required Monthly Fees
$71
Total Monthly Price
$1,445 - $16,193
Built in 2021Studio to 3 Bedroom Apartments Available Now

270 Hennepin

270 Hennepin AveMinneapolis, MN 55402
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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
Varies
Built in 2023Studio to 2 Bedroom Apartments Available Now

Tyler Street Stacks

1180 Tyler St NEMinneapolis, MN 55413
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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
Built in 2021Studio to 2 Bedroom Apartments Available Now

Sawyer Apartments

338 2nd St NEMinneapolis, MN 55413
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MAX
$1,422 - $4,517
Total Monthly Price

Total Monthly Price

Base Rent
$1,405 - $4,500
Required Monthly Fees
$17
Total Monthly Price
$1,422 - $4,517
Built in 2021Studio to 3 Bedroom Apartments Available May 1

MAX

150 26th Ave SEMinneapolis, MN 55414
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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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Minneapolis, MN Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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Minneapolis, MN Area Reviews

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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 New Minneapolis Apartments

What is the Cheapest New apartment in Minneapolis?

Currently the most affordable New Apartment in Minneapolis is at Accolade Minneapolis listed at $580.

How much is the average rent for a New Minneapolis Apartment?

The average rent for a New Apartment in Minneapolis is $2,397.

What is the largest New Minneapolis Apartment for rent?

Today's New apartment with the most square footage in Minneapolis is a 2,889 square feet unit starting from $1,689 at Nordhaus Apartment Homes.

What is the average size for Minneapolis New Apartments for rent?

The average size for a New rental in Minneapolis is currently at 572 sq ft.

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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.