Apartments in Downtown Minneapolis

1 - 30 of 462 Results
22
$1,073 - 1,293
322 S 2Nd St Minneapolis, MN
1 BR | Available Now
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37
$960
730 Hennepin Ave Minneapolis, MN
Studio | Available Now
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In Unit Laundry
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Dishwasher
20
Call for Pricing
816 Portland Ave Minneapolis, MN
1 - 3 BR | Available Now
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Fitness Center
Elliot Park
2
$1,133 - 1,405
115 2nd Ave S Minneapolis, MN
Studio - 1 BR | Available Now
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Storage
Downtown Minneapolis
5
$1,695 - 2,015
129 North 2nd Street Minneapolis, MN
1 BR | Available Now
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18
$3,045
Minneapolis, MN
2 BR | Available Now
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Cat Friendly
Downtown Minneapolis
1
$2,895 - 3,520
212 N Second St Minneapolis, MN
2 - 3 BR | Available Now
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40
$1,795 - 2,760
415 1st Street North Minneapolis, MN
1 - 2 BR | Available Now
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Luxury
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Covered Parking
10
$1,700 - 2,350
Minneapolis, MN
1 - 2 BR | Available Now
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Surface Parking
Balcony/Deck/Patio
Fitness Center
8
$945
Minneapolis, MN
1 BR | Ask for Availability
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Virtual Tour
Downtown Minneapolis
16
3D Tour
$1,540 - 3,035
50 N 4Th Ave Minneapolis, MN
1 - 2 BR | Available Now
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Virtual Tour
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Covered Parking
11
$1,120 - 1,850
432 1st St N Minneapolis, MN
1 - 2 BR | Available Now
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Income Restricted
In Unit Laundry
41
$1,195 - 2,025
225 Portland Ave. Minneapolis, MN
Studio - 1 BR | Available Now
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Covered Parking
22
$1,385 - 3,995
511 S 4th St Minneapolis, MN
Studio - 2 BR | Available Now
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In Unit Laundry
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Fitness Center
29
$1,118 - 5,825
511 S 4Th St Minneapolis, MN
Studio - 3 BR | Available Now
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Fitness Center
Elliot Park
20
$1,280 - 2,190
625 2nd Street N Minneapolis, MN
Studio - 2 BR | Available Now
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Air Conditioning
66
$1,491 - 2,885
205 Park Avenue South Minneapolis, MN
1 - 2 BR | Available Now
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Balcony/Deck/Patio
Downtown East
2
$1,510 - 2,535
22 University Ave NE Minneapolis, MN
1 - 3 BR | Available Now
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Disability Access
Dishwasher
16
$1,112 - 2,983
315 N 7th Ave Minneapolis, MN
Studio - 2 BR | Available Now
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Balcony/Deck/Patio
Fitness Center
28
$1,289 - 2,498
Deal
600 Fifth Avenue South Minneapolis, MN
Studio - 2 BR | Available Now
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Dog Friendly
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Luxury
Covered Parking
In Unit Laundry
5
$1,120 - 1,335
720 Washington Ave Minneapolis, MN
1 - 2 BR | Available Now
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Covered Parking
Fitness Center
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24
$1,380 - 2,100
Deal
600 N 5Th St Minneapolis, MN
1 BR | Available Now
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Covered Parking
Fitness Center
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60
$1,278 - 2,771
Deal
240 Chicago Ave S Minneapolis, MN
Studio - 2 BR | Available Now
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Covered Parking
Balcony/Deck/Patio
Fitness Center
21
$1,099
Minneapolis, MN
Studio | Jun. 1, 2024
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Surface Parking
Balcony/Deck/Patio
Storage
Dishwasher
21
$1,099
Minneapolis, MN
Studio | Jun. 1, 2024
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House
Dishwasher
Elliot Park
63
$1,525 - 13,115
Deal
200 University Ave Minneapolis, MN
Studio - 3 BR | Available Now
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Air Conditioning
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Surface Parking
21
$1,198 - 1,249
110 6th Ave NE Minneapolis, MN
Studio | Available Now
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Air Conditioning
Surface Parking
Storage
73
$1,915 - 4,039
Deal
212 10Th Avenue South Minneapolis, MN
Studio - 2 BR | Available Now
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Luxury
Section 8
Covered Parking
47
$1,180 - 2,660
95 S. 10Th Street Minneapolis, MN
Studio - 2 BR | Available Now
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Luxury
Air Conditioning
In Unit Laundry
37
$1,299 - 1,439
115 5th St Ne Minneapolis, MN
1 BR | Available Now
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1 - 30 of 462 Results
  1. Home
  2. Minneapolis
  3. Downtown Minneapolis
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:
April Rent Report

Welcome to the April 2024 Minneapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 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
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Minneapolis Rent Prices Decrease From March to April

Minneapolis rent prices decreased over the last month. From March to April, the city experienced a -0.76% decrease for the price of a one-bedroom apartment. The rent price for a Minneapolis one-bedroom apartments currently stands at $1,300.0.

When we take a look at the two-bedroom comparison from March to April, Minneapolis experienced a 0.64% increase for the price of a two-bedroom apartment. The rent price for a Minneapolis two-bedroom apartments currently stands at $1,742.0.

April Prices: Minneapolis vs. Surrounding Areas

Bloomington, MN
Minnetonka, MN
Robbinsdale, MN
Richfield, MN
St Louis Park, MN
Minneapolis, MN
St Paul, MN
Brooklyn Park, MN
$1,590
$1,501
$1,397
$1,320
$1,313
$1,310
$1,282
$987
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Minneapolis and Surrounding Areas

Rent prices have decreased 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 5 of the Minneapolis suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in St Paul, MN, Bloomington, MN, Richfield, MN, Robbinsdale, MN, Brooklyn Park, MN .

  • Rent decreased in St Louis Park, MN, Minnetonka, MN.

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

  • 2 suburbs are currently priced lower than the city of Minneapolis.

April 2024 Pricing Trends: Minneapolis vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Minneapolis Rent Prices More Affordable Than Major Cities

Rent growth in Minneapolis over the past year has been declining. 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 April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Minneapolis, MN $1,310.0 1.00% $1,731.0 0.93%
St Paul, MN $1,282.0 0.16% $1,603.0 0.19%
St Louis Park, MN $1,313.0 -0.61% $1,596.0 -0.06%
Bloomington, MN $1,590.0 4.06% $1,738.0 1.46%
Richfield, MN $1,320.0 3.94% $2,167.0 0.70%
Minnetonka, MN $1,501.0 0.00% $1,879.0 -0.05%
Robbinsdale, MN $1,397.0 0.14% $1,829.0 -0.22%
Brooklyn Park, MN $987.0 1.13% $1,332.0 0.08%

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.