Apartments in Downtown Minneapolis

1 - 30 of 455 Results
37
$979 - 1,328
Deal
260 Portland Ave Minneapolis, MN
Studio - 1 BR | Available Now
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Balcony/Deck/Patio
37
$960 - 1,280
730 Hennepin Ave Minneapolis, MN
Studio - 2 BR | Available Now
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1
$3,995
212 N Second St Minneapolis, MN
3 BR | Available Now
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2
$1,045 - 1,312
115 2nd Ave S Minneapolis, MN
Studio - 1 BR | Available Now
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Downtown Minneapolis
5
$1,695 - 2,015
129 North 2nd Street Minneapolis, MN
1 BR | Available Now
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18
$2,995
200 2nd Ave N Minneapolis, MN
2 BR | Available Now
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Downtown Minneapolis
28
$1,699 - 2,835
25 N 4th St Minneapolis, MN
2 BR | Available Now
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Storage
43
$2,075 - 3,725
415 1st Street North Minneapolis, MN
1 - 2 BR | Available Now
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Air Conditioning
Covered Parking
8
$945
Minneapolis, MN
1 BR | Ask for Availability
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Virtual Tour
Downtown Minneapolis
16
3D Tour
$1,610 - 2,854
50 N 4Th Ave Minneapolis, MN
1 - 2 BR | Available Now
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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
117
3D Tour
$1,619 - 6,990
360 N 5th St Minneapolis, MN
Studio - 3 BR | Available Now
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41
$1,195 - 2,025
225 Portland Ave. Minneapolis, MN
Studio - 1 BR | Available Now
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22
$1,385 - 3,995
511 S 4th St Minneapolis, MN
Studio - 2 BR | Available Now
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29
$1,356 - 5,419
511 S 4Th St Minneapolis, MN
Studio - 2 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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Luxury
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65
3D Tour
$1,525 - 2,100
625 Second St Minneapolis, MN
1 - 2 BR | Available Now
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66
$1,612 - 3,195
205 Park Avenue South Minneapolis, MN
1 - 2 BR | Available Now
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Downtown East
1
$2,195 - 2,325
22 University Ave NE Minneapolis, MN
3 BR | Available Now
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Disability Access
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16
$1,112 - 2,983
315 N 7th Ave Minneapolis, MN
Studio - 2 BR | Available Now
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5
$1,120 - 1,335
720 Washington Ave Minneapolis, MN
1 - 2 BR | Available Now
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24
$1,505 - 2,200
Deal
600 N 5Th St Minneapolis, MN
1 BR | Available Now
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20
$1,975
Minneapolis, MN
1 BR | Available Now
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Balcony/Deck/Patio
Dishwasher
North Loop
60
$1,388 - 2,735
Deal
240 Chicago Ave S Minneapolis, MN
Studio - 2 BR | Available Now
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1
$2,200
433 S 7th St Unit 2220 Minneapolis, MN
2 BR | Available Now
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Elliot Park
42
$1,499 - 6,541
315 1st Ave NE Minneapolis, MN
Studio - 2 BR | Available Now
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Luxury
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14
$650 - 652
727 South 5Th Avenue Minneapolis, MN
Studio | Available Now
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Fitness Center
Elliot Park
21
$2,097 - 2,495
110 6th Ave NE Minneapolis, MN
2 BR | Available Now
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Surface Parking
73
$2,065 - 8,933
Deal
212 10Th Avenue South Minneapolis, MN
Studio - 3 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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1 - 30 of 455 Results
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  3. Downtown Minneapolis

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:
December Rent Report

Welcome to the December 2024 Minneapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 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

$1,800
$1,350
$900
$450
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Minneapolis Rent Prices Increase From November to December

Minneapolis rent prices increased over the last month. From November to December, the city experienced a 0.72% increase for the price of a one-bedroom apartment. The rent price for a Minneapolis one-bedroom apartments currently stands at $1,255.0.

When we take a look at the two-bedroom comparison from November to December, Minneapolis experienced a 0.06% increase for the price of a two-bedroom apartment. The rent price for a Minneapolis two-bedroom apartments currently stands at $1,735.0.

December Prices: Minneapolis vs. Surrounding Areas

Bloomington, MN
Minnetonka, MN
Plymouth, MN
Robbinsdale, MN
Eagan, MN
St Louis Park, MN
Minneapolis, MN
St Paul, MN
$1,632
$1,587
$1,502
$1,408
$1,399
$1,356
$1,246
$1,216
$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 2 of the Minneapolis suburbs increased last month. On the other hand, 5 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Bloomington, MN, Plymouth, MN .

  • Rent decreased in St Paul, MN, St Louis Park, MN, Minnetonka, MN, Robbinsdale, MN, Eagan, MN.

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

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

December 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
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$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 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 December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Minneapolis, MN $1,246.0 0.24% $1,734.0 0.40%
St Paul, MN $1,216.0 0.00% $1,721.0 0.47%
Bloomington, MN $1,632.0 3.03% $1,734.0 0.35%
St Louis Park, MN $1,356.0 -0.66% $1,665.0 0.24%
Plymouth, MN $1,502.0 0.13% $1,807.0 -1.15%
Minnetonka, MN $1,587.0 -0.38% $1,972.0 -2.28%
Robbinsdale, MN $1,408.0 -0.57% $1,999.0 -1.53%
Eagan, MN $1,399.0 0.00% $1,608.0 0.06%

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.