Top Rated Apartments for Rent in the Prospect Park Neighborhood of Minneapolis, MN (23 Rentals)

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Apartments in the Prospect Park area of Minneapolis with the best features, newest construction, and richest amenities.

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

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3020 On the Rail
2 Bedroom Apartments

3020 On the Rail

3020 University Ave SEMinneapolis, MN 55414
Property Rating
  • Utilities Inc.
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Apt on Essex - East
Studio Apartments

Apt on Essex - East

2630 SE Essex StMinneapolis, MN 55414
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Apts on Essex - West
Studio Apartments

Apts on Essex - West

2618 Essex St SEMinneapolis, MN 55414
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Flats at Malcolm Yards
1 Bedroom Apartments

Flats at Malcolm Yards

505 SE Malcolm AveMinneapolis, MN 55414
Property Rating
  • Utilities Inc.
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Fulton Townhomes
1 to 3 Bedroom Apartments

Fulton Townhomes

605 Ontario St SEMinneapolis, MN 55414
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  • Utilities Inc.
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WaHu - Historical Access
Studio to 4 Bedroom Apartments

WaHu - Historical Access

1000 Washington Ave SEMinneapolis, MN 55414
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Dinnaken House
2 to 3 Bedroom Apartments

Dinnaken House

900 Washington Ave SEMinneapolis, MN 55414
Property Rating
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309 Oak St
2 Bedroom Apartments

309 Oak St

309 Oak StMinneapolis, MN 55414
Property Rating
  • Utilities Inc.

Prospect Park

Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

Getting Around the Prospect Park Neighborhood in Minneapolis, MN

Walk Score®

76 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

92 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

61 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Prospect Park

How much are Studio apartments in Prospect Park?

There are currently 45 Studio Apartments in Prospect Park with rent ranges from $620 to $1,766 with an average price of $2,190.

What is the current price range for One Bedroom Prospect Park Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Prospect Park ranges from $915 to $2,695 with an average monthly rent of $1,624.

What does renting a Two Bedroom Apartment in Prospect Park cost?

The monthly rent prices of Two Bedroom Apartments currently available in Prospect Park range from $570 to $4,500. Today's average rental price for Two Bedrooms here is $1,734.

How expensive are Prospect Park Three Bedroom Apartments?

There are currently 16 Three Bedroom Apartments listings available in Prospect Park on ApartmentHomeLiving.com. The pricing ranges from $720 to $3,450 - averaging $2,385 for the location.

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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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.

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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.

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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.