Minneapolis is a city that combines the best of both worlds - the raw beauty of nature and the vibrancy of urban life. Part of the charming "Twin Cities" duo, along with its sister city, St. Paul, Minneapolis, has a lot to offer. Get ready for a mouth-watering experience with the city's festive food and craft beer scene, upscale boutiques, and splendid parks. Embrace the city's artistic culture and visit iconic institutions such as the Walker Center for the Arts, Minneapolis Institute of Art, the Minnesota Orchestra, and Guthrie Theater. If you feel more adventurous, join the Minneapolis St. Paul or the Twin Cities Marathons.
Sports aficionados will be in paradise with the presence of professional teams such as the Minnesota Vikings (NFL), Minnesota Wild (NHL), Minnesota Timberwolves (NBA), and Minnesota Twins (MLB). In addition, outdoor enthusiasts can explore hidden gems showcasing the city's breathtaking natural beauty, from the enchanting Minnehaha Regional Park to the stunning Calhoun Lake and the Chain Lakes.
Minneapolis is a city that offers the perfect blend of a fulfilling lifestyle and ample opportunities to build your ideal future, which is why it's such a great place to live.
As of October 2026, Minneapolis's rental market is stable, with rentals spending about 40 days on the market, about the same as in Minnesota (40), and rents up 1.0% over the past year. Minneapolis's average rent is 7.4% ($124) higher than the Minnesota average of $1,683 and 13.2% ($275) lower than the U.S. average of $2,082.
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,431 | 0.12% ($2) | 0.4% ($5) |
| 2 Beds | $2,132 | 0.42% ($9) | 1.6% ($33) |
| 3 Beds | $2,509 | 0.39% ($10) | 2.5% ($61) |
| Nearby Cities | Average Rent | Avg. Rent vs. MinneapolisAverage Rent vs. Minneapolis | Days on Market |
|---|---|---|---|
| Hopkins | $1,681 | 7.0% ($126) | 39 days |
| St. Paul | $1,623 | 10.2% ($184) | 39 days |
| Minnetonka | $1,973 | 9.2% ($166) | 37 days |
| Eden Prairie | $1,789 | 1.0% ($18) | 40 days |
| Wayzata | $2,848 | 57.6% ($1,041) | 40 days |
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