Homes & Apartments for Rent in Minneapolis, MN 55436

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What to Know About

Living in 55436

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.

Rental Market Trends

Minneapolis, MN

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As of October 2026, Minneapolis's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Minneapolis's average rent is 1.4% ($22) higher than the Minnesota average of $1,560 and 13.0% ($237) lower than the U.S. average of $1,819.

Average Rent
$1,582
Monthly ChangeMonth Over Month Change
Increased1.1% ($17)
Yearly ChangeYear Over Year Change
Increased6% ($90)
Avg. Days on MarketAverage Days on Market
34
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,329 Increased0.2% ($2) Increased3.7% ($47)
2 Beds $1,954 Increased0.6% ($11) Increased7.5% ($136)
3 Beds $2,384 Increased1% ($24) Increased0.8% ($20)
Nearby Cities Average Rent Avg. Rent vs. MinneapolisAverage Rent vs. Minneapolis Avg. Days on MarketAverage Days on Market
Hopkins $1,575 Decreased0.4% ($7) 36 days
St. Paul $1,566 Decreased1% ($16) 31 days
Eden Prairie $1,744 Increased10.2% ($162) 34 days
Wayzata $3,841 Increased142.8% ($2259) 37 days
Osseo $1,654 Increased4.6% ($72) 34 days
Rental market trends are calculated using listing data from RentalSource.
Property Managers

Who Has Rentals in Minneapolis

64 property managers have 689 rentals available in Minneapolis right now, including GoGopher Property Management (128), Millennium Management (114) and Sela Investments (29).

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Frequently Asked Questions
Minneapolis Rental Market FAQs

Explore rental prices, market trends, and availability in Minneapolis, MN.

The average rent in Minneapolis, MN is $1,582 per month.
Homes in Minneapolis typically rent for between $930 and $3,099 per month, with an average of $1,582 per month.
In Minneapolis, the average rent for a 1-bedroom home is $1,329 per month, for a 2-bedroom home, $1,954 per month, and a 3-bedroom home is $2,384 per month.
The average rent in Minneapolis is 13% ($237) lower than the national average of $1,819 per month.
The average rent in Minneapolis has increased by 1.1% ($17) in the last month and increased by 6.0% ($90) over the past year.
The rental market in Minneapolis, MN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Minneapolis, MN, the average rental stays on the market for approximately 34 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 1,347 rental properties available in Minneapolis, MN.
Based on the current averages, a household would need an annual income of $78,160 to comfortably afford a 2-bedroom home in Minneapolis.
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