Minneapolis, MN rental market
Last updated August 26, 2025
Rental market summary
The average rent for 3 bedroom properties in Minneapolis, MN is $1,995.
$1,995
-$70
+$34
290
Source: Zillow Rentals data
Rental price range
The price range for 3 bedroom properties is $700 to $12,920.
| Rent price | Number of rental properties |
|---|---|
| $600 | 1 |
| $700 | 2 |
| $800 | 2 |
| $1,100 | 1 |
| $1,200 | 4 |
| $1,300 | 4 |
| $1,400 | 7 |
| $1,500 | 22 |
| $1,600 | 23 |
| $1,700 | 38 |
| $1,800 | 43 |
| $1,900 | 36 |
| $2,000 | 27 |
| $2,100 | 26 |
| $2,200 | 26 |
| $2,300 | 27 |
| $2,400 | 12 |
| $2,500 | 9 |
| $2,600 | 6 |
| $2,700 | 6 |
| $2,800 | 3 |
| $2,900 | 6 |
| $3,000 | 2 |
| $3,100 | 1 |
| $3,200 | 1 |
| $3,400 | 5 |
| $3,500 | 3 |
| $3,600 | 1 |
| $3,700 | 2 |
| $3,800 | 1 |
| $3,900 | 3 |
| $4,000 | 1 |
| $4,100 | 1 |
| $4,200 | 1 |
| $4,300 | 1 |
| $4,600 | 1 |
| $4,700 | 1 |
| $4,900 | 1 |
| $5,000+ | 11 |
Average rent price over time
In the last year, rent has increased by $34 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,995 | $2,025 |
| Feb | $1,995 | $2,000 |
| Mar | $2,000 | $2,000 |
| Apr | $1,995 | $1,999 |
| May | $1,995 | $1,950 |
| Jun | $1,995 | $2,000 |
| Jul | $2,000 | $2,044 |
| Aug | $1,995 | $2,100 |
| Sep | $1,963 | No data |
| Oct | $2,027 | No data |
| Nov | $1,995 | No data |
| Dec | $1,995 | No 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Minneapolis, MN is 9% lower than the national average.
$1,995
$2,200
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Frequently asked questions
1. What is the average rent in Minneapolis, MN?
The average rent in Minneapolis, MN is $1,550.
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 $1,550.
3. How has the rent in Minneapolis, MN changed in the last year?
In the last year, the rent in Minneapolis, MN increased by $50
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 $30
5. How many available rentals are there in Minneapolis, MN?
There are currently 1,583 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 $1,550 — Infinity% higher the national average of $0.