How much is rent in Minneapolis, MN?

The median 2-bedroom in Minneapolis rents for $1,645 a month with utilities, $82 more than the US median. A 1-bedroom runs $1,327 and a 3-bedroom $1,924.

By Sol Lakein, founder of Slower Sundays. Updated November 2026.

$1,6452-bedroom¹US: $1,563
$1,3271-bedroom¹US: $1,362
$65,800Income for a 2-bed at 30%²A year
19%Share of typical income³For a 2-bedroom

Rent in Minneapolis by number of bedrooms

Median rent, utilities included, next to the US median.¹

Studio$1,161/mo
Minneapolis
$1,161
US
$1,365
Income to keep it at 30%: $46,440²
1 bedroom$1,327/mo
Minneapolis
$1,327
US
$1,362
Income to keep it at 30%: $53,080²
2 bedrooms$1,645/mo
Minneapolis
$1,645
US
$1,563
Income to keep it at 30%: $65,800²
3 bedrooms$1,924/mo
Minneapolis
$1,924
US
$1,760
Income to keep it at 30%: $76,960²
4 bedrooms$2,151/mo
Minneapolis
$2,151
US
$2,153
Income to keep it at 30%: $86,040²

Work out what rent you can afford · Full cost of living in Minneapolis

Where rent costs less than Minneapolis

37 of the cities we cover have a lower median 2-bedroom rent. The cheapest and the closest:¹

City	2-bedroom rent	Less than Minneapolis
Paducah, KY	$886	$759/mo
Terre Haute, IN	$901	$744/mo
Muncie, IN	$919	$726/mo
Durham, NC	$1,630	$15/mo
Daytona Beach, FL	$1,638	$7/mo
Jacksonville, FL	$1,642	$3/mo

Rent in Minneapolis: questions people ask

How much is rent in Minneapolis?

Median rent with utilities, all units: $1,504 a month. By size: studio $1,161, 1 bedroom $1,327, 2 bedrooms $1,645, 3 bedrooms $1,924, 4 bedrooms $2,151 (Census ACS, 2025).

How much do you need to make to afford rent in Minneapolis?

To keep a 2-bedroom at 30% of income, about $65,800 a year. For a 1-bedroom, $53,080.

What share of income goes to rent in Minneapolis?

A year of median 2-bedroom rent equals 19% of the median household income of $102,351 (Census ACS, 2025).

Where is rent cheaper than Minneapolis?

Of the cities we cover, Paducah, KY ($886), Terre Haute, IN ($901), Muncie, IN ($919) have the lowest median 2-bedroom rent.

Rent elsewhere in Minnesota

Cost of living in Minnesota

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Notes on the numbers

1Rent: Census ACS 2025 1-year, table B25031, median gross rent by number of bedrooms (rent plus utilities the renter pays), 2025. Covers all renters, including long-time tenants, so new leases often cost more. $3,500+ is the highest figure the Census publishes. Census table
2Income to keep rent at 30%: a year of rent divided by 0.3, the common rule of thumb. Our arithmetic.
3Household income: Census ACS 2025 1-year, table B19013, median household income, 2025. Census table

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