
Homes for Rent in Minneapolis, MN Under $1,500 (89 Rentals)


1416 39th Ave NE

1618 Thomas Pl N, Unit 2

2640 Fillmore St NE

3540 Hennepin Ave, Unit 313

2631 N Girard Ave

2317 Harriet Avenue, Unit #2

309 Ulysses St NE

925 30th Ave S, Unit 305
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.

433 S 7th St, Unit 1926

3322 Clinton Ave

3122 N Morgan Ave

1715 Polk St NE

1818 La Salle Ave

2821 Portland Ave

3829 Bloomington Ave

1912 Dupont Ave S

340 16th Ave NE
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.

2007 Aldrich Ave S

3522 Harriet Ave

2007 Aldrich Ave S

2007 Aldrich Ave S

3340 Stevens Ave

201 20th Ave NE

5749 33rd Ave S

7330 York Ave S

2616 Harriet Ave

4101 Parklawn Ave
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.

2710 Rosalyn Ct

5130 Hiawatha Ave

3219 N 4th St

3400 Elliot Ave

1800 La Salle Ave

2820 Stinson Blvd NE

574 37th Ave NE, Unit Upstairs

2726 DuPont Ave S

11 S 12th St
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.

4101 Parklawn Ave, Unit 129

2530 1st Ave S

4230 S 39th Ave

215 10th Ave S

3308 Girard Ave S

2957 Lyndale Ave S

3515 2nd Ave S

1820 1st Ave S, Unit 302

1901 Stevens Ave

4207 Lakeside Ave N
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.
Minneapolis, MN Local Guide

How much does it cost to rent a home in Minneapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Minneapolis 2 Bedroom Homes for Rent | $1,922 | $980 | $3,950 |
| Minneapolis 3 Bedroom Homes for Rent | $2,381 | $800 | $6,250 |
| Minneapolis 4 Bedroom Homes for Rent | $3,080 | $1,490 | $10,000+ |
| Minneapolis 5 Bedroom Homes for Rent | $3,697 | $850 | $10,000+ |
| Minneapolis 6 Bedroom Homes for Rent | $3,226 | $800 | $5,000 |
Browse Top Homes for Rent in Minneapolis
Explore Minneapolis
Minneapolis, MN Local Guide
- Minneapolis Neighborhoods
- Nearby Cities
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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.
Read ArticleThe 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.
Read ArticleEnjoy 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 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 LifestyleMinneapolis, MN
Ranked #1
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Minneapolis, MN Rentals by Map
See the most popular apartments and homes in Minneapolis, MN
Minneapolis, MN Area Reviews
Stephanie • 4+ years in Minneapolis
February 25, 2025A 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
What type of rentals are currently available in Minneapolis?
There are currently 4981 Apartments for Rent in Minneapolis, MN with pricing that ranges from $469 to $15,685. There are also 567 Single Family Homes for rent, Condos, and Townhome rentals currently available in Minneapolis ranging from $750 to $14,995.
What is the current price range for Rental Homes in Minneapolis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Minneapolis ranges from $750 to $14,995 with an average monthly rent of $2,246.
How much are larger Three and Four Bedroom Rentals in Minneapolis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Minneapolis range from $495 to $10,001, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $6,250. Four Bedroom Single-Family rentals are also available starting from $1,490 and Four Bedroom Apartments start at $479.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.


