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Apartments under $1,500 for Rent in Minneapolis, MN

3,324 Rentals
  1. Price Drop. $203 Off
    |
    STUDIO
    $1,534
    Total Monthly Price Total Monthly Price New
    Base Rent$1,484 - $1,554
    Required Monthly Fees$50
    Total Monthly Price$1,534 - $1,604

    Moment

    650 Portland Ave S, Minneapolis, MN 55415
    (763) 496-4900
  2. 1 Month Free
    |
    STUDIO
    $1,300+
    1 BED
    $1,496+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,300 - $1,696
    Required Monthly FeesNone
    Total Monthly Price$1,300 - $1,696
    - 12 Month Lease

    Huxley Apartments

    657 22nd Ave NE, Minneapolis, MN 55418
    (763) 363-7718
  3. Good Value
    |
    STUDIO
    $1,279+
    1 BED
    $1,329+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,275 - $1,595
    Required Monthly Fees$4
    Utilities & EssentialsVaries
    Total Monthly Price$1,279 - $1,599

    Lago Apartments

    500 W Lake St, Minneapolis, MN 55408
    (612) 502-5306
  4. Rent Special
    |
    STUDIO
    $1,346+
    1 BED
    $1,546+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,265 - $2,105
    Required Monthly Fees$81
    Utilities & EssentialsVaries
    Total Monthly Price$1,346 - $2,186

    The Bohen Apartments

    2851 Hennepin Ave, Minneapolis, MN 55408
    (612) 441-3556
  5. 1 Month Free
    |
    STUDIO
    $1,344
    Total Monthly Price Total Monthly Price New
    Base Rent$1,329 - $1,431
    Required Monthly Fees$15
    Total Monthly Price$1,344 - $1,446

    The Laker

    2500 2nd St NE, Minneapolis, MN 55418
    (612) 594-7885
  6. 1 Month Free
    |
    STUDIO
    $1,321
    Total Monthly Price Total Monthly Price New
    Base Rent$1,321 - $1,382
    Utilities & EssentialsVaries
    Total Monthly Price$1,321 - $1,382

    The Station at Malcolm Yards

    485 Malcolm Ave SE, Minneapolis, MN 55414
    (612) 255-4418
  7. 2 Months Free
    STUDIO
    $1,075
    Total Monthly Price Total Monthly Price New
    Base Rent$1,075 - $1,122
    Utilities & EssentialsVaries
    Total Monthly Price$1,075 - $1,122

    Lakefield Apartments

    550 W Lake St, Minneapolis, MN 55408
    (651) 377-5243
  8. |
    STUDIO
    $1,045+
    1 BED
    $1,275+
    Plus Fees

    AVID

    3431 Dupont Ave S, Minneapolis, MN 55408
    (612) 326-9665
  9. Discounts
    |
    STUDIO
    $999+
    1 BED
    $1,029+
    Plus Fees

    Lake Pointe

    3413-3433 53rd Ave N, Brooklyn Center, MN 55429
    (763) 496-4206
  10. Rent Special
    |
    STUDIO
    $1,470
    Total Monthly Price Total Monthly Price New
    Base Rent$1,445 - $1,880
    Required Monthly Fees$25
    Total Monthly Price$1,470 - $1,905

    Foundry Lake Street

    3118 West Lake St, Minneapolis, MN 55416
    (844) 980-3991
  11. |
    STUDIO
    $1,508
    Total Monthly Price Total Monthly Price New
    Base Rent$1,490 - $3,703
    Required Monthly Fees$18
    Total Monthly Price$1,508 - $3,721

    Junction Flats

    643 N 5th St, Minneapolis, MN 55401
    (763) 363-6503
  12. 1 Month Free
    |
    STUDIO
    $1,019+
    1 BED
    $1,129+
    Plus Fees - 12 Month Lease

    Uptown Square

    2908 Bryant Ave S, Minneapolis, MN 55408
    (763) 363-7739
  13. |
    1 BED
    $990+
    2 BEDS
    $1,455+
    Total Monthly Price Total Monthly Price New
    Base Rent$990 - $1,455
    Required Monthly FeesNone
    Total Monthly Price$990 - $1,455
    - 1 Month Lease

    Drexel Apartments

    1009 Park Ave, Minneapolis, MN 55404
    (763) 363-7929
  14. |
    STUDIO
    $1,439
    Total Monthly Price Total Monthly Price New
    Base Rent$1,434 - $1,527
    Required Monthly Fees$4
    Utilities & EssentialsVaries
    Total Monthly Price$1,438 - $1,531

    The Paxon

    360 N 1st St, Minneapolis, MN 55401
    (612) 482-6866
  15. 1 Month Free
    STUDIO
    $1,537
    Total Monthly Price Total Monthly Price New
    Base Rent$1,444 - $1,909
    Required Monthly Fees$92
    Utilities & EssentialsVaries
    Total Monthly Price$1,536 - $2,001

    The Beach Club Residences

    2900 Thomas Ave S, Minneapolis, MN 55416
    (952) 900-6907
  16. |
    STUDIO
    $1,450
    Total Monthly Price Total Monthly Price New
    Base Rent$1,442 - $3,001
    Required Monthly Fees$8
    Total Monthly Price$1,450 - $3,009

    Variant

    315 N 7th Ave, Minneapolis, MN 55401
    (855) 942-5829
  17. Exceptional Value
    |
    STUDIO
    $1,319+
    1 BED
    $1,423+
    Plus Fees

    East End

    240 Chicago Ave, Minneapolis, MN 55415
    (952) 230-0798
  18. 1 Month Free
    |
    STUDIO
    $998+
    1 BED
    $1,341+
    Plus Fees - 12 Month Lease

    The Central

    3503 2nd Ave S, Minneapolis, MN 55408
    (763) 363-6127
  19. Good Value
    |
    STUDIO
    $1,395+
    1 BED
    $1,405+
    Plus Fees

    Inspire

    2837 Emerson Ave S, Minneapolis, MN 55408
    (612) 482-8245
  20. 2 Months Free
    |
    STUDIO
    $1,260
    Total Monthly Price Total Monthly Price New
    Base Rent$1,260 - $1,820
    Required Monthly FeesNone
    Total Monthly Price$1,260 - $1,820

    Sora

    600 S 5th Ave, Minneapolis, MN 55415
    (651) 370-9201
Showing 42 of 750 results, Page 1 of 18

Living & Renting in Minneapolis

Minneapolis at a Glance

Average Rent

$1,389
(All bedrooms and property types)
Learn more about
Average Rent in Minneapolis
6

School Rating

out of 10 Rating
Learn more about
Schools in Minneapolis
52

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Minneapolis
83

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Minneapolis

Minneapolis, MN Apartments for Rent

Minneapolis offers a dynamic experience filled with cultural richness and outdoor adventures. The city is home to an impressive array of parks, including the expansive Minnehaha Regional Park, where scenic waterfalls and trails invite exploration. Nearby, Lake Nokomis Park and the picturesque Minneapolis Sculpture Garden provide opportunities for boating, swimming, and leisurely picnics, making them popular spots during the warmer months. A variety of housing options are available, from cozy apartments in historic buildings to modern complexes featuring amenities similar to fitness centers and rooftop terraces. The diverse neighborhoods, such as Northeast Minneapolis and Uptown, each have their own character, showcasing local shops, cafes, and art galleries.

The culinary scene is particularly vibrant, with renowned restaurants similar to Fogo de Chão Brazilian Steakhouse and Manny's Steakhouse offering exquisite dining experiences. For a more casual bite, Matt's Bar and Grill serves up the famous Jucy Lucy, while the Midtown Global Market provides a diverse array of international flavors. Coffee lovers can find their perfect brew at Good Day Cafe or Jax Cafe, both popular local spots.

Minneapolis also hosts numerous events and festivals throughout the year, such as the Aquatennial and the Minnesota State Fair, which draw crowds and foster a sense of community. The city boasts a rich history, with landmarks similar to the Walker Art Center and the Minneapolis Institute of Art showcasing its commitment to the arts. The Mill City Museum tells the story of the city’s milling history, while the American Swedish Institute offers a glimpse into the cultural heritage of its residents.

For shopping enthusiasts, destinations similar to Nicollet Mall and The Shops at West End provide a mix of retail options, from boutique stores to well-known brands. The Quarry and Silver Lake Village Shopping Center are also nearby, offering convenience and variety. With its blend of recreational activities, cultural attractions, and a welcoming atmosphere, Minneapolis provides an engaging environment for those looking to immerse themselves in a vibrant community.

Why Minneapolis?

  • The University of Minnesota - one of the nation's largest universities.
  • Headquarters of many Fortune 500 companies
  • A 6,800-acre system of 22 lakes, over 180 parks, and 55 miles of biking and walking paths.
  • Shopping at the Ancient Traders Market for Native American art.
  • A walkable downtown with eight miles of glass-enclosed skyways.
  • Major sports teams include the NFL Minnesota Vikings and the MLB Twins.

Renting in Minneapolis

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Minneapolis

(For 1 bedroom apartments)

Getting Around Minneapolis

Transportation

75

Very Walkable

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
83

Very Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
52

Good Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Score

Education

Private University
Public University
Private University
Public University
GreatSchools Rating

Public High School

Public
Grades 9-12
1,582 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
1,484 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
1,466 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
339 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
1,044 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
763 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
925 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
738 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
468 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
315 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
371 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
365 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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