Apartments in Diamond Lake Minneapolis

31 - 39 of 39 Results
11
$1,495
Minneapolis, MN
1 BR | Available Now
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Cat Friendly
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Morris Park
20
$905
4422 Nicollet Ave S Minneapolis, MN
1 BR | Sep. 1, 2024
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Surface Parking
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Disability Access
16
$1,490
4653 Bryant Ave S Minneapolis, MN
2 BR | Ask for Availability
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Dishwasher
10
$1,295
4610 Bryant Ave Minneapolis, MN
2 BR | Available Now
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20
$1,750
Minneapolis, MN
2 BR | Available Now
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1
$1,200
3215 - 3225 E Minnehaha Parkway Minneapolis, MN
Studio | Available Now
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4
$1,650
4540 Bryant Ave S Minneapolis, MN
2 BR | Ask for Availability
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Dishwasher
12
$1,650
Minneapolis, MN
2 BR | Jul. 1, 2024
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Dishwasher
King Field
32
3D Tour
$1,504 - 1,733
3550 E 46Th St Minneapolis, MN
1 BR | Available Now
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Minneapolis:
June Rent Report

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

Minneapolis Rent Prices Decrease From May to June

Minneapolis rent prices decreased over the last month. From May to June, the city experienced a -1.87% decrease for the price of a one-bedroom apartment. The rent price for a Minneapolis one-bedroom apartments currently stands at $1,259.0.

When we take a look at the two-bedroom comparison from May to June, Minneapolis experienced a -1.16% decrease for the price of a two-bedroom apartment. The rent price for a Minneapolis two-bedroom apartments currently stands at $1,711.0.

June 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
$1,653
$1,502
$1,398
$1,366
$1,350
$1,283
$1,270
$1,008
$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 Bloomington, MN, St Louis Park, MN, Brooklyn Park, MN, Robbinsdale, MN, Minnetonka, MN .

  • Rent decreased in St Paul, 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.

June 2024 Pricing Trends: Minneapolis vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,132
$3,030
$2,390
$2,331
$1,905
$1,353
$1,259
$1,203
$0
$1,350
$2,700
$4,050
$5,400
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 June 1 BR M/M % Change 2 BR June 2 BR M/M % Change
Minneapolis, MN $1,283.0 -1.31% $1,731.0 -0.63%
St Paul, MN $1,270.0 -0.63% $1,612.0 0.37%
Bloomington, MN $1,653.0 0.55% $1,763.0 0.00%
St Louis Park, MN $1,350.0 1.66% $1,624.0 0.87%
Richfield, MN $1,366.0 -0.15% $2,123.0 -1.53%
Brooklyn Park, MN $1,008.0 0.70% $1,331.0 -0.08%
Robbinsdale, MN $1,398.0 0.07% $1,848.0 0.65%
Minnetonka, MN $1,502.0 0.07% $1,920.0 1.37%

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.