
Apartments for Rent in the Downtown Neighborhood of Minneapolis, MN Under $1,200 (134 Rentals) Page 2 of 3


Riverside Homes

Loring Manor Apartments

Oak Grove Apartment Hotel

Blue Goose Cooperative

Total Monthly Price
Brentwood Apartments

Total Monthly Price
801 4th St SE, Unit Limelight

15 S 1st St, Unit A1516

220 E 19th St

1820 1st Ave S
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.

431 S 7th St

427 6th St SE

Old Town In Town Cooperative

327 University Ave SE

409 7th St

The Larking

1501

Madison Apartments

Lume

St Anthony Historic
Downtown - 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!

East Village

507 4th St SE

Santiago Apartments

Yale Place Apartments

First Avenue Apartments

416 Lofts

1524 Lasalle Ave

620 E 16th St

Barnabas Apartments

214 Place Apartments

Elliot East Condos

1101 S 7th St

4th Street Apartments

624 4th Ave SE

Drexel Apartments

The Chelsea

621 5th Ave.

1600

Park & Franklin Lofts

Appleton Villa

Franklin Villa

8th on Campus

1915 3rd Ave S

1302 Linden

Loring Park Apartments

1828 Park Ave

Nicollet Towers

The Maryland

1615 11th Ave S

1806 3rd Ave
Downtown, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Studio Apartments | $1,301 | $653 | $2,529 |
| Downtown 1 Bedroom Apartments | $1,777 | $782 | $6,639 |
| Downtown 2 Bedroom Apartments | $2,708 | $907 | $9,268 |
| Downtown 3 Bedroom Apartments | $3,733 | $1,325 | $10,000+ |
| Downtown 4 Bedroom Apartments | $2,814 | $2,000 | $5,341 |
Browse Apartments in this Neighborhood
There are currently 134 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Minneapolis, MN.
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Frequently Asked Questions about Downtown
How much are Studio apartments in Downtown?
There are currently 299 Studio Apartments in Downtown with rent ranges from $653 to $2,529 with an average price of $1,301.
What is the current price range for One Bedroom Downtown Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown ranges from $782 to $6,639 with an average monthly rent of $1,777.
What does renting a Two Bedroom Apartment in Downtown cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown range from $907 to $9,268. Today's average rental price for Two Bedrooms here is $2,708.
How expensive are Downtown Three Bedroom Apartments?
There are currently 83 Three Bedroom Apartments listings available in Downtown on ApartmentHomeLiving.com. The pricing ranges from $1,325 to $11,439 - averaging $3,733 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

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.

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.

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.

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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.