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Apartments in Downtown Minneapolis

1 - 30 of 487 Results
22
$1,135 - 1,368
Mill City Quarter
322 S 2Nd St Minneapolis, MN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
37
$960 - 1,073
City Place Lofts
730 Hennepin Ave Minneapolis, MN
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
In Unit Laundry
Fitness Center
Dishwasher
1
$2,520 - 4,105
Smyth Lofts | Luxury Lofts in the North Loop
Deal
212 N Second St Minneapolis, MN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Storage
2
$1,045 - 1,685
Rivergate Apartments
115 2nd Ave S Minneapolis, MN
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
Storage
Downtown Minneapolis
5
$1,695 - 2,015
Second Street Lofts
129 North 2nd Street Minneapolis, MN
1 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
18
$2,995
Iron Store Lofts - Residential
200 2nd Ave N Minneapolis, MN
2 BR | Available Now
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Cat Friendly
Downtown Minneapolis
0
$1,575
Whitney Square - Residental
210 N 2nd St Minneapolis, MN
1 BR | Available Now
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Cat Friendly
Downtown Minneapolis
28
$1,740
Robitshek Lofts
25 N 4th St Minneapolis, MN
2 BR | Nov. 10, 2024
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Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Storage
43
$1,710 - 3,960
Heritage Landing
415 1st Street North Minneapolis, MN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
8
$945
2525 Grand
Minneapolis, MN
1 BR | Ask for Availability
Contact
Virtual Tour
Downtown Minneapolis
16
3D Tour
$1,410 - 1,835
FreightYard Townhomes and Flats
Deal
3.0
50 N 4Th Ave Minneapolis, MN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Covered Parking
11
$1,120 - 1,850
Creamette Historic Lofts
2.6
432 1st St N Minneapolis, MN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Income Restricted
In Unit Laundry
41
$1,195 - 2,025
Mill District City Club Apartments
225 Portland Ave. Minneapolis, MN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
13
$2,330
615 N 1st St Unit 406
Minneapolis, MN
2 BR | Dec. 1, 2024
Contact
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
22
$1,385 - 3,995
Edition Residences
511 S 4th St Minneapolis, MN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
29
$1,360 - 4,829
Edition Apartments
Deal
511 S 4Th St Minneapolis, MN
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
Elliot Park
20
$1,280 - 2,190
Csm Corporation
625 2nd Street N Minneapolis, MN
Studio - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
65
3D Tour
$1,680 - 2,195
Mill City Apartments
4.3
625 Second St Minneapolis, MN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
66
$1,569 - 2,619
The Vicinity
Deal
205 Park Avenue South Minneapolis, MN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Balcony/Deck/Patio
Downtown East
2
$1,295 - 2,325
Neon Flats Apartments | NEWLY RENOVATED!
22 University Ave NE Minneapolis, MN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
16
$1,112 - 2,983
Variant
315 N 7th Ave Minneapolis, MN
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
5
$1,120 - 1,335
St. Anthony Mills
Deal
2.6
720 Washington Ave Minneapolis, MN
1 - 2 BR | Available Now
Contact
Heat Included
Cat Friendly
Covered Parking
Fitness Center
Dishwasher
24
$1,495 - 2,420
The Palmer
Deal
600 N 5Th St Minneapolis, MN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Fitness Center
Dishwasher
60
$1,413 - 2,923
East End
Deal
240 Chicago Ave S Minneapolis, MN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Fitness Center
63
$1,950 - 9,895
Expo
Deal
200 University Ave Minneapolis, MN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Surface Parking
42
$1,611 - 3,192
Nordhaus Apartment Homes
Deal
315 1st Ave NE Minneapolis, MN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
14
$551 - 652
Paige Hall
727 South 5Th Avenue Minneapolis, MN
Studio | Available Now
Contact
Fitness Center
Elliot Park
21
$1,190 - 2,686
Verso
110 6th Ave NE Minneapolis, MN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Surface Parking
73
$3,660 - 4,495
Encore
Deal
212 10Th Avenue South Minneapolis, MN
2 BR | Oct. 14, 2024
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Covered Parking
47
$1,180 - 2,660
Cca Cbd Minneapolis
95 S. 10Th Street Minneapolis, MN
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
1 - 30 of 487 Results
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Frequently Asked Questions

How many apartments are available in Downtown Minneapolis on Rentable.co?

Rentable.co has over 302 apartments available near Downtown Minneapolis.

What is the average rent for a studio apartment in Downtown Minneapolis?

The average rent for a studio apartment near Downtown Minneapolis is around $929 per month.

What is the average rent for a one-bedroom apartment in Downtown Minneapolis?

The average rent for a one-bedroom apartment near Downtown Minneapolis is around $1,190 per month.

What is the average rent for a two-bedroom apartment in Downtown Minneapolis?

The average rent for a two-bedroom apartment near Downtown Minneapolis is around $1,650 per month.

How many apartments are available in Minneapolis, MN on Rentable.co?

Rentable.co has over 41,112 apartments available in Minneapolis.

What is the average rent for a studio apartment in Minneapolis, MN?

The average rent for a studio apartment in Minneapolis is around $990 per month.

What is the average rent for a one-bedroom apartment in Minneapolis, MN?

The average rent for a one-bedroom apartment in Minneapolis is around $1,200 per month.

What is the average rent for a two-bedroom apartment in Minneapolis, MN?

The average rent for a two-bedroom apartment in Minneapolis is around $1,660 per month.

How expensive is it to rent an apartment in Minneapolis, MN?

For a two-bedroom apartment in Minneapolis, the average rent price is $1,660 per month, which is similar to the national average of $1,610 per month.

Can I afford an apartment for rent in Minneapolis, MN?

Based on average rent prices in Minneapolis, to afford a studio apartment you would need an annual household income of $40,000 to live comfortably.

Downtown Minneapolis Neighborhood Summary

In downtown Minneapolis, towering skyscrapers stand beside old brick mills and industrial warehouses. A feeling of growth and hustle and bustle is everywhere you go, but there are also numerous reminders of the city’s past as a major mill town. The arts are well represented downtown, with centers like the Guthrie Theater, Orchestra Hall, and the Hennepin Theatre District. At the northern edge, the resurgent Warehouse District offers some of the city’s best restaurants and cutting edge galleries. Sports fans flock to the Target Center (basketball), the Hubert H. Humphrey Metrodome (football), and Target Field, home of the Twins. If you want to live close to some of the biggest commercial and financial areas in Minneapolis, as well as some of the best shopping and nightlife in the area, then downtown might be for you.

Minneapolis:
October Rent Report

Welcome to the October 2024 Minneapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the October 2024 key findings and figures for the Minneapolis rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Minneapolis and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Minneapolis average rent prices in the chart below.

Monthly Rent Report

$1,850
$1,390
$930
$460
$0
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
1 BR       2 BR

Minneapolis Rent Prices Increase From September to October

Minneapolis rent prices increased over the last month. From September to October, the city experienced a 1.39% increase for the price of a one-bedroom apartment. The rent price for a Minneapolis one-bedroom apartments currently stands at $1,243.0.

When we take a look at the two-bedroom comparison from September to October, Minneapolis experienced a 1.89% increase for the price of a two-bedroom apartment. The rent price for a Minneapolis two-bedroom apartments currently stands at $1,727.0.

October Prices: Minneapolis vs. Surrounding Areas

Minnetonka, MN
Bloomington, MN
Plymouth, MN
Robbinsdale, MN
St Louis Park, MN
Richfield, MN
Minneapolis, MN
St Paul, MN
$1,578
$1,554
$1,498
$1,420
$1,368
$1,270
$1,226
$1,213
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Minneapolis and Surrounding Areas

Rent prices have increased in Minneapolis over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Minneapolis suburbs increased last month. On the other hand, 4 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Plymouth, MN, Robbinsdale, MN, Minnetonka, MN .

  • Rent decreased in St Paul, MN, St Louis Park, MN, Bloomington, MN, Richfield, MN.

  • 6 suburbs are currently priced higher than the city of Minneapolis.

  • 1 suburb is currently priced lower than the city of Minneapolis.

October 2024 Pricing Trends: Minneapolis vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,189
$3,067
$2,364
$2,363
$1,886
$1,360
$1,243
$1,173
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Minneapolis Rent Prices More Affordable Than Major Cities

Rent growth in Minneapolis over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Minneapolis average rent prices appear to be relatively affordable for local residents.

The price for a Minneapolis one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Minneapolis and surrounding area rent prices, take a look at the complete data set below.

Data set for Minneapolis and suburbs

1 BR October 1 BR M/M % Change 2 BR October 2 BR M/M % Change
Minneapolis, MN $1,226.0 -1.29% $1,695.0 0.18%
St Paul, MN $1,213.0 -1.46% $1,700.0 0.00%
St Louis Park, MN $1,368.0 -0.58% $1,650.0 -0.42%
Bloomington, MN $1,554.0 -1.96% $1,720.0 -0.29%
Plymouth, MN $1,498.0 0.13% $1,838.0 0.60%
Robbinsdale, MN $1,420.0 0.14% $1,994.0 0.45%
Minnetonka, MN $1,578.0 1.41% $2,029.0 0.60%
Richfield, MN $1,270.0 -2.08% $1,661.0 -5.09%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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