
Homes for Rent in Minneapolis, MN Under $1,500 (96 Rentals) Page 2 of 2


2741 Virginia Ave N, Unit #1

3308 Girard Ave S, Unit 304

1304 W Medicine Lake Dr

3434 Bloomington Ave

7027 Morgan Ave S

1920 Stevens Ave, Unit 5

4627 N Colfax Ave, Unit 3

4937 Beard Ave N

2642 Queen Ave N
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.

715 10th Ave SE, Unit upper unit

709 7th St SE

4425 York Ave N

2417 Como Ave SE

715 10th Ave SE

406 5th St SE

3224 Hennepin Ave

2220 Midland Grove Rd

1041 Grand Ave

2800 Hamline 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.

1459 Randolph Ave

1601 N Innsbruck Dr

825 Berry St

1296-1298 Lafond Ave

9400 Old Cedar Ave S, Unit 334

6771 Plaza Curve NE

Furnished Studio-Minneapolis - Airport - Mendota Heights

1716 E 80th St, Unit Apt 2

5911 Oxford St, Unit 5911 Oxford St 4

5911 Oxford St

2056 W Bayard Ave

1564 Randolph Ave, Unit 107

1161 St Clair Ave, Unit 14

1321 Division St

2048 Carroll Ave

2200 Nevada Ave S

5910 W Broadway, Unit 5

1601 N Innsbruck Dr

1520 23rd Ave NW

2026 Brewster St

2026 Brewster St

2184 7th St W

5910 W Broadway, Unit 8

1984 Marshall Ave

619-625 Snelling Ave N

619-625 Snelling Ave N
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 | $1,967 | $850 | $4,495 |
| Minneapolis 3 Bedroom Homes for Rent | $2,343 | $1,000 | $5,000 |
| Minneapolis 4 Bedroom Homes for Rent | $2,951 | $620 | $8,750 |
| Minneapolis 5 Bedroom Homes for Rent | $3,543 | $2,295 | $10,000+ |
| Minneapolis 6 Bedroom Homes for Rent | $2,809 | $750 | $4,600 |
Browse Top Homes for Rent in Minneapolis
Explore Minneapolis
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 5079 Apartments for Rent in Minneapolis, MN with pricing that ranges from $280 to $15,685. There are also 552 Single Family Homes for rent, Condos, and Townhome rentals currently available in Minneapolis ranging from $620 to $11,800.
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 $620 to $11,800 with an average monthly rent of $2,330.
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 $739 to $10,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $5,000. Four Bedroom Single-Family rentals are also available starting from $620 and Four Bedroom Apartments start at $649.
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.