Minneapolis, MN rental market

What is the average rent in Minneapolis, MN?

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Last updated June 22, 2026

Rental market summary

The average rent for all bedrooms and all property types in Minneapolis, MN is $1,600.

Average rent

$1,600

Month-over-month change

+$25

Year-over-year change

$0

Available rentals

1,805

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $100 to $99,999.

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Rent frequencies
Rent priceNumber of rental properties
$02
$5003
$6006
$70023
$80069
$900143
$1,000139
$1,100148
$1,200127
$1,300123
$1,400106
$1,500123
$1,600101
$1,70098
$1,800111
$1,900107
$2,00062
$2,10082
$2,20059
$2,30064
$2,40055
$2,50046
$2,60040
$2,70035
$2,80032
$2,90036
$3,00025
$3,10025
$3,20019
$3,30012
$3,40012
$3,50016
$3,60012
$3,7009
$3,8003
$3,9007
$4,0001
$4,1004
$4,2007
$4,3001
$4,5001
$4,6002
$4,7002
$4,8001
$4,9006
$5,000+26

Average rent price over time

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,595$1,695
Feb$1,595$1,695
Mar$1,550$1,650
Apr$1,565$1,625
May$1,548$1,625
Jun$1,500$1,595
Jul$1,600No data
Aug$1,550No data
Sep$1,563No data
Oct$1,650No data
Nov$1,746No data
Dec$1,687No data

Market temperature

The Minneapolis, MN rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Minneapolis, MN is 20% lower than the national average.

Minneapolis, MNvs.

$1,600

$2,005

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Frequently asked questions

1. What is the average rent in Minneapolis, MN?

The average rent in Minneapolis, MN is $1,600.

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

The average rent for a studio apartment in Minneapolis, MN is $1,029 per month.

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

The average rent for a one-bedroom apartment in Minneapolis, MN is $1,215 per month.

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

The average rent for a two-bedroom apartment in Minneapolis, MN is $1,669 per month.

5. What is the average rent for a three-bedroom apartment in Minneapolis, MN?

The average rent for a three-bedroom apartment in Minneapolis, MN is $1,995 per month.

6. What is the average rent for a four-bedroom apartment in Minneapolis, MN?

The average rent for a four-bedroom apartment in Minneapolis, MN is $3,462 per month.

7. How much does it cost to rent a house in Minneapolis, MN?

Houses in Minneapolis, MN rent between $100 - $99,999 with an average rent of $1,600.

8. How has the rent in Minneapolis, MN changed in the last year?

In the last year, the rent in Minneapolis, MN did not change.

9. How much has the rent in Minneapolis, MN increased/decreased in the last month?

In the last month, the rent in Minneapolis, MN increased by $25

10. How many available rentals are there in Minneapolis, MN?

There are currently 1,805 rentals available in Minneapolis, MN.

11. How do rent prices in Minneapolis, MN compare with the national average?

The average rent in Minneapolis, MN is $1,600 — 20.2% lower the national average of $2,005.

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