The average apartment rent in Minneapolis, MN: October 2022

Minneapolis is the largest city in the state of Minnesota with a population of about 422,000 people. Located on the banks of the Mississippi River. Minneapolis is a clean and green city with many parks and lakes. The cost of living in Minneapolis is significantly lower than in other major US cities. This is especially true for rental prices. In this article, we look at the average rental prices for one and two-bedroom apartments in Minneapolis as of October 2022. Including we will name the most expensive and cheap neighborhoods for living. The average rental price for a one-bedroom apartment in Minneapolis, MN is $1,190. Over the past year, rental prices for one-bedroom apartments have increased by only 1.70%, while those for two-bedroom apartments have decreased by 2.90%.

The most expensive neighborhoods in Minneapolis, MN include Downtown East ($2,030/month for one-bedroom apartments), Warehouse District ($1,795/month) and Uptown ($1,595/month).

The cheapest neighborhoods in Minneapolis, MN include Whittier ($975/month), CARAG ($995/month) and Lyndale ($1,000/month).