Homes for Rent in Minneapolis, MN Under $5,300 (418 Rentals)

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property at 4509 42nd Ave S

4509 42nd Ave S

MinneapolisMN55406

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.

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property at 3237 Hennepin Ave

3237 Hennepin Ave

MinneapolisMN55408
property at 3113 Garfield Ave

3113 Garfield Ave

MinneapolisMN55408
property at 6220 Goodrich Ave

6220 Goodrich Ave

MinneapolisMN55416
property at 2320 Monroe St NE

2320 Monroe St NE

MinneapolisMN55418
property at 4206 5th Ave South

4206 5th Ave South

MinneapolisMN55409

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Minneapolis's Best Affordable Neighborhoods

Learn about Minneapolis, MN and the best places to live with original content written by our Minneapolis Local Expert Stephanie Lica

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property at 1411 Oliver Ave N

1411 Oliver Ave N

MinneapolisMN55411
property at 5924 Chicago Ave

5924 Chicago Ave

MinneapolisMN55417
property at 9141 30th Ave N

9141 30th Ave N

MinneapolisMN55427
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Minneapolis, MN Local Guide

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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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.