3 Bedroom Apartments for Rent in Minneapolis, MN Under $1,500 (40 Rentals)

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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WaHu - Historical Access
3 Bedroom Apartments

WaHu - Historical Access

1000 Washington Ave SEMinneapolis, MN 55414
Student Housing
  • Utilities Included
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Nicollet Towers
3 Bedroom Apartments

Nicollet Towers

1350 Nicollet MallMinneapolis, MN 55403
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Emerson
3 Bedroom Apartments

Emerson

1600 N Emerson AveMinneapolis, MN 55411
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Fieldhouse
3 Bedroom Apartments

Fieldhouse

805 15th Ave SEMinneapolis, MN 55414
Student Housing
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2122 Grand Ave S
3 Bedroom Apartments

2122 Grand Ave S

2122 Grand Ave SMinneapolis, MN 55405

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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3128 Salem Ave
3 Bedroom Apartments

3128 Salem Ave

3128 Salem AveMinneapolis, MN 55416
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Dinkytown Apartment
3 Bedroom Apartments

Dinkytown Apartment

1127 4th St SEMinneapolis, MN 55414
  • Utilities Included
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Holmes Park Village
3 Bedroom Apartments

Holmes Park Village

320 2nd Ave SEMinneapolis, MN 55414
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Cadence Apartments
3 Bedroom Apartments

Cadence Apartments

7990 Old Cedar Ave SBloomington, MN 55425
  • Utilities Included
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Park Glen Townhomes
3 Bedroom Apartments

Park Glen Townhomes

4400 Park Glen RdSt. Louis Park, MN 55416
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Edison Apartments
3 Bedroom Apartments

Edison Apartments

3110 Old Highway 8Roseville, MN 55113
  • Utilities Included
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Arden Court
3 Bedroom Apartments

Arden Court

346 Cleveland Ave SWNew Brighton, MN 55112
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Virginia Apartments
3 Bedroom Apartments

Virginia Apartments

3101 Virginia Ave SSt. Louis Park, MN 55426
  • Utilities Included
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The Riviera
3 Bedroom Apartments

The Riviera

925-965 W Highway 36 WRoseville, MN 55113
  • Utilities Included
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Morrow Apartments
3 Bedroom Apartments

Morrow Apartments

1835 University Ave WSt. Paul, MN 55104
  • Utilities Included

Minneapolis's Best Affordable Neighborhoods

Learn about Minneapolis, MN and the best places to live with original content written by our Minneapolis Local Expert Stephanie Lica

Minneapolis, MN Local Guide

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Getting Around Minneapolis, MN

Walk Score®

75 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

83 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

52 / 100

Good Transit

Many nearby public transportation options

Minneapolis, MN Area Reviews

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Stephanie4+ years in Minneapolis

February 25, 2025

A dream city for outdoorsy types who crave an urban experience...there's nothing like a day at the lakes or hitting up the Grand Rounds. Add amazing theater (like the Guthre) and restaurants and you have the perfect urban (but not too urban) lifestyle. The cost of living is going up but still pretty reasonable compared to most cities of a similar size and with similar cultural opportunities.

Frequently Asked Questions about 3 Bedroom Minneapolis Apartments

What is the Cheapest apartment in Minneapolis with 3 Bedroom?

Currently the most affordable 3 Bedroom in Minneapolis is at The Quad on Delaware listed at $730.

How much is the average rent for a 3 Bedroom Minneapolis Apartment?

The average rent for a 3 Bedroom Apartment in Minneapolis is $2,527.

What is the largest available 3 Bedroom Minneapolis Apartment for rent?

Today's apartment with the most square footage in Minneapolis is a 2,793 square feet unit starting from $8,213 at 365 Nicollet.

What is the average size for Minneapolis 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in Minneapolis is currently 1,646 sq ft.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.