Average rent in Minneapolis, MN
November 2026. Based on 236 live listings, updated daily.
| Size | Average rent | Lowest | Listings | vs Minnesota | vs US |
|---|---|---|---|---|---|
| Studio | $759 | $502 | 4 | about the same | 70% lower |
| 1 bedroom | $1,445 | $595 | 90 | 2% higher | 2% higher |
| 2 bedroom | $1,321 | $575 | 92 | about the same | 21% lower |
| 3 bedroom | $1,374 | $715 | 42 | 6% lower | 31% lower |
| 4+ bedroom | $1,396 | $512 | 8 | 14% lower | 58% lower |
| All sizes | $1,371 | $502 | 236 | about the same | 21% lower |
See 236 rentals in Minneapolis Plan your budget
Compare with other Minnesota cities
What rent costs in Minneapolis, MN
A studio averages $759, a 1-bedroom averages $1,445, a 2-bedroom averages $1,321, a 3-bedroom averages $1,374 and a 4+ bedroom averages $1,396 a month. Overall, rent in Minneapolis, MN is 21% lower than the US average of $1,735 and about the same than the Minnesota average of $1,389.
Using the common rule of spending no more than 30% of take-home pay on rent, an average 1-bedroom in Minneapolis needs about $4,800 a month after tax.
Common questions
What is the average rent in Minneapolis, MN?
The average rent in Minneapolis, MN is $1,371 a month across 236 live listings (November 2026).
How much is a 1-bedroom apartment in Minneapolis?
A 1-bedroom in Minneapolis, MN averages $1,445 a month.
How much do you need to earn to rent in Minneapolis?
To keep an average 1-bedroom under 30% of your take-home pay, you'd want about $4,800 a month after tax.
Is rent in Minneapolis higher than the US average?
Rent in Minneapolis, MN is 21% lower than the US average of $1,735 across all listings we track.
Averages are calculated from live listings on RentFrat and refresh daily. Last updated 2026-11-09.