Average Rent Reports by City > Minneapolis, MN
Rentometer, Inc. | Data as of 03/31/2025
Curious about how much rent goes for in Minneapolis, MN? Whether you’re eyeing a studio in CARAG or managing a 4-bedroom house in Prospect Park, Rentometer has you covered with the latest average rent data across every property type and neighborhood.
This report covers average rent prices for apartments and single-family homes in Minneapolis, broken down by bedroom count and neighborhood. All estimates are powered by Rentometer, the leading source for hyperlocal rental data and comps.
| Property Type | Bedrooms | Avg Rent (Q1 2025) |
|---|---|---|
| Apartment | Studio (0) | $1,223 |
| Apartment | 1 Bedroom | $1,529 |
| Apartment | 2 Bedroom | $2,198 |
| House | 2 Bedroom | $1,722 |
| House | 3 Bedroom | $2,453 |
| House | 4 Bedroom | $2,819 |
| Neighborhood | Avg Rent (Q1 2025) |
|---|---|
| Warehouse District | $2,029 |
| Downtown West | $1,936 |
| Uptown | $1,606 |
| Downtown East | $2,214 |
| Loring Park | $1,454 |
| Prospect Park | $1,645 |
| Marcy - Holmes | $1,733 |
| Elliot Park | $1,442 |
| Whittier | $1,212 |
| Lyn Lake | $1,442 |
| St. Anthony West | $1,808 |
| Cedar - Isles - Dean | $2,768 |
| West Calhoun | $1,739 |
| Hiawatha | $1,434 |
| CARAG | $1,283 |
Looking for a rent estimate tailored to a specific property? Rentometer offers fast, reliable rental data for every property type across every Minneapolis neighborhood and ZIP code.
Whether you’re pricing a 1-bedroom in Uptown or evaluating a 4-bedroom house in Prospect Park, Rentometer delivers the accurate rental comps and insights you need.
Data provided by Rentometer, Inc.