Rental Market Trends in Minneapolis, MN

The average rent in Minneapolis, MN is around $797 per month. However, this can vary depending on the neighborhood, the size of the rental unit, and the property's condition. For example, rents are typically higher in desirable areas close to amenities and popular destinations. Larger apartments or homes with multiple bedrooms or modern amenities can also be more expensive. Keep these factors in mind when searching for a rental in Minneapolis, MN.

Currently, there are 1 rental properties available in Minneapolis, MN. This includes a variety of options such as apartments, condos, town homes, single-family homes, single rooms, shared rooms and pg accommodations catering to different budgets and preferences. So, if you're looking for a place to rent in Minneapolis, MN, you have plenty of choices to explore!

If you're looking for budget-friendly neighborhoods in Minneapolis, MN, consider these options:

• Como: Average rent is $1100 per month.
• Columbia Park: Average rent is $1100 per month.
• Cedar-Riverside: Average rent is $1100 per month.
• Bryn Mawr: Average rent is $1100 per month.
• Bryant: Average rent is $1100 per month.
• Bottineau: Average rent is $1100 per month.

The most expensive neighborhoods in Minneapolis, MN are:

• Kenwood: Average rent is $1100 per month.
• Ventura Village: Average rent is $1100 per month.
• Standish: Average rent is $1100 per month.
• McKinley: Average rent is $1100 per month.
• Harrison: Average rent is $1100 per month.
• Stevens Square: Average rent is $1100 per month.

Over the past year, the average rent in Minneapolis, MN have increased by approximately 0%, which translates to $66 per month. This change reflects shifting market trends and evolving housing demand in the area, impacting renters' costs and affordability.

The Average rent price in Minneapolis, MN for June 2025 is $797, which is $51 less than in May.