The average monthly rent for an apartment in Downtown Minneapolis, Minneapolis, MN is around $1,768.
1 Bedroom Apartments for Rent in Downtown Minneapolis, Minneapolis, MN
Rental prices in Downtown Minneapolis, Minneapolis, MN have increased by 4.05% over the past year. The average rent moved from $1,699 to $1,768.
Check out the average rent in Minneapolis.
The national average price of rental apartments is $1,740, while the average monthly rent in Downtown Minneapolis, Minneapolis, MN is $1,768.
The average monthly rent for an apartment in Downtown Minneapolis, Minneapolis, MN is around $1,768.
A share of 25% of apartments in Downtown Minneapolis, Minneapolis, MN have the cheapest rents between $1,001-$1,500. Around 4% of rentals are $2,501-$3,000. Around 51% of Downtown Minneapolis's apartments have monthly rents between $1,501-$2,000. There are 20% of apartments with rents between $2,001-$2,500.
The largest share of rentals in Downtown Minneapolis, Minneapolis, MN (51%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
There are 258 1 bedroom rentals available on RentCafe. Prices and availability in Downtown Minneapolis, Minneapolis, MN were last updated on 14 Apr 2026.
The average Downtown Minneapolis, Minneapolis, MN 1 bedroom apartment size is 749 sq. ft.
Renting a 1 bedroom apartment comes with more living and storage space compared to a studio apartment.
1 bedroom apartments are usually more expensive than studio apartments in terms of rent and utility costs.
In total, Downtown Minneapolis, Minneapolis, MN has 19,396 residents, 8,195 women and 11,201 men, per U.S. Census recent estimates. Statistics show that the median age of Downtown Minneapolis’s population is 33.2.
There is a total of 10,731 households in Downtown Minneapolis, Minneapolis, MN. Of these, 934 have children and 9,797 are without children. Per Census Bureau’s most current estimates, 2,764 family households and 7,966 non-family households live in this area. The size of a household in Downtown Minneapolis is 1.57 people, on average. The median household annual income in Downtown Minneapolis equals $62,105, and the monthly housing costs equal $1,808.
According to data from the U.S. Census Bureau, 3% of the population in Downtown Minneapolis, Minneapolis, MN have no high school education, 16% went to high-school, and 18% have partially completed college. Moreover, 5% of the population hold an Associate Degree, 35% hold a Bachelor Degree, and 23% hold a Graduate Degree.