
New Apartments for Rent in Minneapolis, MN Under $1,500 (243 Rentals)


Groove Lofts

The Station at Malcolm Yards

4th and Park

The Bohen

Huxley Apartments

Lucille

HQ Apartments

The Laker

Hencen
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

Accolade Minneapolis

Miro Apartments

Beck46

Rosa Apartments | MPLS

The Aubrey

Rym Apartments

Lumos Apartments

Nox Apartments

MN46 Apartments

Odie Apartments

SECOND AND SECOND

29 Bryant Apartments

270 Hennepin

Viridium Apartments

The Asher

Marko Apartments

Marquee

Jax Apartments

Daymark Uptown

Artistry on 10th

Rex26

Rafter

MoDI Apartments

Aberdeen Apartments

3828 Apartments

Lyndy Apartments

MAX

Xenia Apartments

Foundry Lake Street

Five15 on the Park

4Marq

The Hall Lofts

1010 Lofts

B-Side

Nico East

Revel

Laurel and Olive

Dakar on Lake

22 on the River

The Lora
Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Minneapolis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Minneapolis Studio Apartments | $1,380 | $640 | $6,643 |
Minneapolis 1 Bedroom Apartments | $1,661 | $789 | $10,000+ |
Minneapolis 2 Bedroom Apartments | $2,351 | $519 | $10,000+ |
Minneapolis 3 Bedroom Apartments | $2,638 | $495 | $10,000+ |
Minneapolis 4 Bedroom Apartments | $2,252 | $495 | $5,341 |
Minneapolis 5 Bedroom Apartments | $3,503 | $2,550 | $4,050 |
Explore Minneapolis
Minneapolis, MN Local Guide
- Minneapolis Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about New Minneapolis Apartments
What is the Cheapest New apartment in Minneapolis?
Currently the most affordable New Apartment in Minneapolis is at Hub Minneapolis listed at $540.
How much is the average rent for a New Minneapolis Apartment?
The average rent for a New Apartment in Minneapolis is $2,237.
What is the largest New Minneapolis Apartment for rent?
Today's New apartment with the most square footage in Minneapolis is a 3,450 square feet unit starting from $2,415 at The Lakes Residences.
What is the average size for Minneapolis New Apartments for rent?
The average size for a New rental in Minneapolis is currently at 552 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.

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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.