
Apartments for Rent in the Downtown Minneapolis Neighborhood of Minneapolis, MN Under $1,500 (175 Rentals)


Moment

Total Monthly Price
HQ Apartments

Total Monthly Price
Huck Apartments

Total Monthly Price
The Hall Lofts

Total Monthly Price
Hencen

Total Monthly Price
270 Hennepin

Nico East

Marquee

Total Monthly Price
Bowler Lofts
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.

Total Monthly Price
Rafter

Aberdeen Apartments

East End

The Ellory

Total Monthly Price
LaSalle Apartments

Total Monthly Price
Eitel Apartments

Grove 94

Total Monthly Price
The Grand Mill District

Loring Park Flats

Total Monthly Price
Campus Apartments 700-727 University SE
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Total Monthly Price
The Paxon

Total Monthly Price
Kenwood Gables

One Ten Grant

Stage Apartments, LLC

Stevens Community Apartments

Laurel Village

Total Monthly Price
Five15 on the Park

Total Monthly Price
Intersect

The Abbey Apartments

Duffey Lofts
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.

Total Monthly Price
1500 Nicollet

Rivergate Apartments

Stradford Flats

ELEVATE Apartment Homes

Total Monthly Price
7west

Total Monthly Price
225–233 Oak Grove – Oak Grove Downtown

Total Monthly Price
Sawyer Apartments

Loring Park

Total Monthly Price
Stone Arch II

Total Monthly Price
225 Place Apartments
Downtown Minneapolis - One of the Best Affordable Neighborhoods in Minneapolis
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

The Buckingham Apartments

Total Monthly Price
City Place Lofts

Total Monthly Price
Vue Apartment Homes

Soo Line

The Metro Apartments

Creamette Historic Lofts

Copenhagen Enterprises

Lilium Apartments and Centennial Place

Total Monthly Price
Arrive Loring Park

1501 Portland Avenue
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Downtown Minneapolis, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Downtown Minneapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Minneapolis Studio Apartments | $1,332 | $653 | $2,439 |
| Downtown Minneapolis 1 Bedroom Apartments | $1,756 | $782 | $6,469 |
| Downtown Minneapolis 2 Bedroom Apartments | $2,686 | $995 | $8,928 |
| Downtown Minneapolis 3 Bedroom Apartments | $4,240 | $1,650 | $9,203 |
| Downtown Minneapolis 4 Bedroom Apartments | $2,834 | $1,995 | $5,341 |
Browse Apartments in this Neighborhood
There are currently 175 rentals with your search options within a 2 mile radius of the Downtown Minneapolis Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisExplore Minneapolis
Downtown Minneapolis, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Read ArticleReal 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.
Read ArticleQuick 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 LifestyleDowntown Minneapolis, Minneapolis, MN
Ranked #13
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown Minneapolis
How much are Studio apartments in Downtown Minneapolis?
There are currently 242 Studio Apartments in Downtown Minneapolis with rent ranges from $653 to $2,439 with an average price of $1,332.
What is the current price range for One Bedroom Downtown Minneapolis Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown Minneapolis ranges from $782 to $6,469 with an average monthly rent of $1,756.
What does renting a Two Bedroom Apartment in Downtown Minneapolis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown Minneapolis range from $995 to $8,928. Today's average rental price for Two Bedrooms here is $2,686.
How expensive are Downtown Minneapolis Three Bedroom Apartments?
There are currently 73 Three Bedroom Apartments listings available in Downtown Minneapolis on ApartmentHomeLiving.com. The pricing ranges from $1,650 to $9,203 - averaging $4,240 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

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.

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.

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.