Apartments for Rent in the Downtown Neighborhood of Minneapolis, MN Under $1,500 (187 Rentals)

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Lago Apartments
Rent Specials
$1,279 - $1,894
Total Monthly Price

Total Monthly Price

Base Rent
$1,275 - $1,890
Required Monthly Fees
$4

Total Monthly Price
$1,279 - $1,894
Studio to 2 Bedroom Apartments Available Now

Lago Apartments

500 W Lake StMinneapolis, MN 55408
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Hencen
Rent Specials
$1,272 - $2,781
Total Monthly Price

Total Monthly Price

Base Rent
$1,092 - $2,601
Required Monthly Fees
$180

Total Monthly Price
$1,272 - $2,781
Studio to 2 Bedroom Apartments Available Now

Hencen

455 Central Ave SEMinneapolis, MN 55414
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Duffey Lofts
Rent Specials
$1,257 - $3,862
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $3,804
Required Monthly Fees
$58

Total Monthly Price
$1,257 - $3,862
Studio to 2 Bedroom Apartments Available Now

Duffey Lofts

528 N Washington AveMinneapolis, MN 55401
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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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Sora
$1,280 - $2,313
Total Monthly Price

Total Monthly Price

Base Rent
$1,280 - $2,313

Total Monthly Price
$1,280 - $2,313
Studio to 1 Bedroom Apartments Available Now

Sora

600 S 5th AveMinneapolis, MN 55415
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Bowler Lofts
Rent Specials
$1,295 - $1,445
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,345
Required Monthly Fees
$100

Total Monthly Price
$1,295 - $1,445
1 Bedroom Apartments Available Now

Bowler Lofts

1506 Laurel AveMinneapolis, MN 55403
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Variant
$1,286 - $6,949
Total Monthly Price

Total Monthly Price

Base Rent
$1,278 - $6,941
Required Monthly Fees
$8

Total Monthly Price
$1,286 - $6,949
Studio to 2 Bedroom Apartments Available Now

Variant

315 N 7th AveMinneapolis, MN 55401
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LaSalle Apartments
Rent Specials
$1,000 - $1,644
Total Monthly Price

Total Monthly Price

Base Rent
$985 - $1,629
Required Monthly Fees
$15

Total Monthly Price
$1,000 - $1,644
Studio to 1 Bedroom Apartments Available Now

LaSalle Apartments

36 S 9th StMinneapolis, MN 55402
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Drexel Apartments
$990 - $1,455
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$990 - $1,455

Total Monthly Price
$990 - $1,455
1 to 2 Bedroom Apartments Available Now

Drexel Apartments

1009 Park AveMinneapolis, MN 55404
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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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The Paxon
$1,471 - $3,272
Total Monthly Price

Total Monthly Price

Base Rent
$1,467 - $3,268
Required Monthly Fees
$4

Total Monthly Price
$1,471 - $3,272
Studio to 2 Bedroom Apartments Available Now

The Paxon

360 N 1st StMinneapolis, MN 55401
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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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The Larking
Rent Specials
$1,159 - $6,455
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,099 - $6,395
Required Monthly Fees
$60

Total Monthly Price
$1,159 - $6,455
Studio to 3 Bedroom Apartments Available Now

The Larking

615 S 8th StMinneapolis, MN 55404
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Velo
Rent Specials
$1,282 - $3,965
Total Monthly Price

Total Monthly Price

Base Rent
$1,278 - $3,961
Required Monthly Fees
$4

Total Monthly Price
$1,282 - $3,965
Studio to 2 Bedroom Apartments Available Now

Velo

115 N 2nd StMinneapolis, MN 55401
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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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City Place Lofts
Rent Specials
$1,198 - $1,427
Total Monthly Price

Total Monthly Price

Base Rent
$1,194 - $1,423
Required Monthly Fees
$4

Total Monthly Price
$1,198 - $1,427
Studio to 2 Bedroom Apartments Available Now

City Place Lofts

730 Hennepin AveMinneapolis, MN 55403
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Brentwood Apartments
$702 - $812
Total Monthly Price

Total Monthly Price

Base Rent
$685 - $795
Required Monthly Fees
$17

Total Monthly Price
$702 - $812
Studio to 1 Bedroom Apartments Available Now

Brentwood Apartments

117-127 W Grant StMinneapolis, MN 55403
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SECOND AND SECOND
Rent Specials
$1,343 - $2,703
Total Monthly Price

Total Monthly Price

Base Rent
$1,338 - $2,698
Required Monthly Fees
$5

Total Monthly Price
$1,343 - $2,703
1 to 2 Bedroom Apartments Available Now

SECOND AND SECOND

120 2nd St NMinneapolis, MN 55401
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FIT
Rent Specials
$1,153 - $1,858
Total Monthly Price

Total Monthly Price

Base Rent
$1,145 - $1,850
Required Monthly Fees
$8

Total Monthly Price
$1,153 - $1,858
Studio to 2 Bedroom Apartments Available Now

FIT

515 E Grant StMinneapolis, MN 55404
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225 Place Apartments
Rent Specials
$953
Total Monthly Price

Total Monthly Price

Base Rent
$949
Required Monthly Fees
$4

Total Monthly Price
$953
Studio Apartments Available Now

225 Place Apartments

225 W 15th StMinneapolis, MN 55403
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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.

Downtown, Minneapolis, MN Local Guide

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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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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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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Pet Friendly Lifestyle
Downtown, Minneapolis, MN

Ranked #13

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Downtown

How much are Studio apartments in Downtown?

There are currently 296 Studio Apartments in Downtown with rent ranges from $642 to $2,499 with an average price of $1,257.

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 $778 to $5,800 with an average monthly rent of $1,685.

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 $8,971. Today's average rental price for Two Bedrooms here is $2,614.

How expensive are Downtown Three Bedroom Apartments?

There are currently 80 Three Bedroom Apartments listings available in Downtown on ApartmentHomeLiving.com. The pricing ranges from $1,325 to $11,318 - averaging $3,573 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.

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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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.