Homes for Rent in Minneapolis, MN Under $5,300 (432 Rentals)Page 3 of 9

1094 16th Ave SE

MinneapolisMN55414

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Minneapolis, MN Local Guide

Target Field in Minneapolis by Flickr User: mulad is licensed under CC BY 2.0

How much does it cost to rent a home in Minneapolis?

Bedroom	Average Rent	Cheapest Rent	Highest Rent
Minneapolis 2 Bedroom Homes for Rent	$2,300	$600	$10,000+
Minneapolis 3 Bedroom Homes for Rent	$2,373	$1,400	$10,000+
Minneapolis 4 Bedroom Homes for Rent	$2,835	$2,000	$7,900
Minneapolis 5 Bedroom Homes for Rent	$3,882	$700	$8,499
Minneapolis 6 Bedroom Homes for Rent	$3,573	$3,000	$4,600
Minneapolis 7 Bedroom Homes for Rent	$3,600	$3,600	$3,600

Browse Top Homes for Rent in Minneapolis

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Minneapolis, MN Area Reviews

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Stephanie • 4+ years in Minneapolis

February 25, 2025

A 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 4973 Apartments for Rent in Minneapolis, MN with pricing that ranges from $495 to $15,685. There are also 430 Single Family Homes for rent, Condos, and Townhome rentals currently available in Minneapolis ranging from $600 to $25,000.

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 $600 to $25,000 with an average monthly rent of $2,992.

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 $11,632, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $10,000. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $535.

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.