Average rent in Minneapolis by home type
| Home type | Asking rent / month |
|---|---|
| Studio | $840 – $1,360 · median $1,050 |
| 1 bedroom | $1,020 – $1,660 · median $1,275 |
| 2 bedrooms | $1,400 – $2,280 · median $1,755 |
| 3 bedrooms | $1,600 – $2,600 · median $2,000 |
| House (3–4 bed) | $1,960 – $3,180 · median $2,450 |
Medians are published figures; the low–high spread is a derived advertised range (0.8× / 1.3× the median). Actual signed rents vary with the building, unit and lease terms.
What is a fair rent here?
A fair rent in Minneapolis is at or below the median asking figure for that home type. Compare a few listings and check what tenants report actually signing — the gap between asking and signed is your room to negotiate.
Renting in Minneapolis? Check if your rent is fair in seconds.
Open the rent checker →Common questions
How much is rent for a 1-bedroom in Minneapolis?
As of September 2026, the median asking rent for a 1-bedroom in Minneapolis is about $1,275 per month (Zumper city rent reports (September 2026) and the Zillow Observed Rent Index single-family series (August 2026)), with advertised listings roughly $1,020 to $1,660.
What is a fair rent in Minneapolis?
A fair rent sits at or below the median asking figure for that home type. Landlords advertise high and negotiate, so tenants often sign below the median — compare a few listings and check what tenants report actually signing on Mizan.
Where do these rent figures come from?
Apartment medians come from Zumper's published city rent reports (September 2026); house figures from the Zillow Observed Rent Index single-family series (August 2026). The low–high spread is a derived advertised range around the published median.