The average monthly rent for an apartment in University of Minnesota, Minneapolis, MN is around $1,986.
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Rental prices in University of Minnesota, Minneapolis, MN have decreased by 0.07% over the past year. The average rent moved from $1,987 to $1,986.
Check out the average rent in Minneapolis.
The national average price of rental apartments is $1,750, while the average monthly rent in University of Minnesota, Minneapolis, MN is $1,986.
The average monthly rent for an apartment in University of Minnesota, Minneapolis, MN is around $1,986.
A share of 28% of apartments in University of Minnesota, Minneapolis, MN have the cheapest rents between $1,001-$1,500. Around 10% of rentals are $2,501-$3,000. Around 32% of University of Minnesota's apartments have monthly rents between $1,501-$2,000. There are 23% of apartments with rents between $2,001-$2,500. A share of 7% of apartment rentals in Minneapolis are in the > $3,000 range.
The largest share of rentals in University of Minnesota, Minneapolis, MN (32%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Renting a luxury apartment in University of Minnesota, Minneapolis, MN comes with many amenities, more space and central locations.
Luxury apartments tend to be more expensive and have higher utility bills.
In total, University of Minnesota, Minneapolis, MN has 9,015 residents, 4,724 women and 4,291 men, per U.S. Census recent estimates. Statistics show that the median age of University of Minnesota’s population is 22.8.
There is a total of 1,839 households in University of Minnesota, Minneapolis, MN. Of these, 258 have children and 1,581 are without children. Per Census Bureau’s most current estimates, 485 family households and 1,354 non-family households live in this area. The size of a household in University of Minnesota is 2.08 people, on average. The median household annual income in University of Minnesota equals $37,533, and the monthly housing costs equal $1,234.
According to data from the U.S. Census Bureau, 2% of the population in University of Minnesota, Minneapolis, MN have no high school education, 30% went to high-school, and 48% have partially completed college. Moreover, 3% of the population hold an Associate Degree, 11% hold a Bachelor Degree, and 5% hold a Graduate Degree.