
Apartments for Rent in the Prospect Park Neighborhood of Minneapolis, MN Under $1,500 (38 Rentals)


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Solhaus Apartments & Tower

The Quad on Delaware

Yugo Minneapolis Edge

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Accolade Minneapolis

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22 on the River

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Factory Lofts

HERE Minneapolis Apartments

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MAX
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.

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The Arrow Apartments

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Flats at Malcolm Yards

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Yale Place

Stadium Village Apartments

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University Village

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Thornton Place Apartments

Brackett's Place Apartments

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East River Terrace

East River Plaza
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924 Dartmouth Pl SE, Unit 924 Dartmouth Pl SE

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926 Fulton St SE, Unit 1

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3301 University Ave SE, Unit #2

135 Seymour Ave SE

Huron Estates

2000 Sharon Ave SE

Solhaus Tower

624 Huron Apartments

Apt on Essex - East
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
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Argyle House

Riverside Flats

The Link Minneapolis Tower

Apts on Essex - West

Prospect Park Apartments

Tairrie House

Fulton Townhomes

WaHu Apartments

The Louis
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

University Commons | Student Apartments

2700 University LLC
Prospect Park, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Prospect Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect Park Studio Apartments | $1,355 | $850 | $1,621 |
| Prospect Park 1 Bedroom Apartments | $1,614 | $956 | $2,567 |
| Prospect Park 2 Bedroom Apartments | $1,940 | $636 | $4,267 |
| Prospect Park 3 Bedroom Apartments | $2,022 | $739 | $3,217 |
| Prospect Park 4 Bedroom Apartments | $1,313 | $649 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 38 rentals with your search options within a 2 mile radius of the Prospect Park Neighborhood of Minneapolis, MN.
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Prospect Park, Minneapolis, MN Local Guide
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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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 LifestyleProspect Park, Minneapolis, MN
Ranked #128
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Prospect Park
How much are Studio apartments in Prospect Park?
There are currently 50 Studio Apartments in Prospect Park with rent ranges from $850 to $1,621 with an average price of $1,355.
What is the current price range for One Bedroom Prospect Park Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Prospect Park ranges from $956 to $2,567 with an average monthly rent of $1,614.
What does renting a Two Bedroom Apartment in Prospect Park cost?
The monthly rent prices of Two Bedroom Apartments currently available in Prospect Park range from $636 to $4,267. Today's average rental price for Two Bedrooms here is $1,940.
How expensive are Prospect Park Three Bedroom Apartments?
There are currently 14 Three Bedroom Apartments listings available in Prospect Park on ApartmentHomeLiving.com. The pricing ranges from $739 to $3,217 - averaging $2,022 for the location.
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

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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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.