Minneapolis, MN rental market

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Last updated August 21, 2025

Rental market summary

The average rent for all bedrooms and all property types in Minneapolis, MN is $1,572.

Average rent

$1,572

Month-over-month change

-$23

Year-over-year change

+$72

Available rentals

1,633

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $350 to $99,999.

Rent frequencies
Rent priceNumber of rental properties
$04
$5005
$60012
$70021
$80067
$900135
$1,000142
$1,100124
$1,200136
$1,300116
$1,400118
$1,500107
$1,60087
$1,70085
$1,800106
$1,90097
$2,00057
$2,10066
$2,20071
$2,30065
$2,40064
$2,50037
$2,60027
$2,70022
$2,80026
$2,90043
$3,00021
$3,10016
$3,20014
$3,3005
$3,40015
$3,50010
$3,6007
$3,7004
$3,8002
$3,9005
$4,0004
$4,1005
$4,2001
$4,3001
$4,4008
$4,5006
$4,6003
$4,7001
$4,9002
$5,000+21

Average rent price over time

In the last year, rent has increased by $72 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,535$1,595
Feb$1,495$1,595
Mar$1,550$1,550
Apr$1,500$1,565
May$1,500$1,548
Jun$1,500$1,500
Jul$1,500$1,600
Aug$1,495$1,550
Sep$1,500No data
Oct$1,650No data
Nov$1,595No data
Dec$1,539No data

Market temperature

The Minneapolis, MN rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Minneapolis, MN is 25% lower than the national average.

Minneapolis, MNvs.

$1,572

$2,100

Rent in Minneapolis, MN

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Frequently asked questions

1. What is the average rent in Minneapolis, MN?

The average rent in Minneapolis, MN is $1,572.

2. How much does it cost to rent a house in Minneapolis, MN?

Houses in Minneapolis, MN rent between $350 - $99,999 with an average rent of $1,572.

3. How has the rent in Minneapolis, MN changed in the last year?

In the last year, the rent in Minneapolis, MN increased by $72

4. How much has the rent in Minneapolis, MN increased/decreased in the last month?

In the last month, the rent in Minneapolis, MN decreased by $23

5. How many available rentals are there in Minneapolis, MN?

There are currently 1,633 rentals available in Minneapolis, MN.

6. How do rent prices in Minneapolis, MN compare with the national average?

The average rent in Minneapolis, MN is $1,572 — 25.14% lower the national average of $2,100.