Uptown Minneapolis, Minneapolis, MN Rental Market Trends
Last updated: April 14, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Uptown Minneapolis is $1,702, a 1.44% increase compared to the previous year, when the average rent was $1,678.
Studio Apartments at $1,240 offer the most budget-friendly option with 497 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 700 square feet for $1,556, balancing privacy and affordability.
Two-beedroom units at $2,217 offer 1,090 square feet, perfect for roommates or small families.
Average rent in Uptown Minneapolis, Minneapolis, MN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,702 | 785 sq. ft. |
| Studio | $1,240 | 497 sq. ft. |
| 1 Bed | $1,556 | 700 sq. ft. |
| 2 Beds | $2,217 | 1,090 sq. ft. |
| 3 Beds | n/a | n/a |
Uptown Minneapolis, Minneapolis, MN rent trends
Rental prices in Uptown Minneapolis, Minneapolis, MN have increased by 1.44% over the past year. The average rent moved from $1,678 to $1,702.
What's the typical rent budget in Uptown Minneapolis, Minneapolis, MN?
The largest share of rentals in Uptown Minneapolis, Minneapolis, MN (41%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Uptown Minneapolis, Minneapolis, MN?
2,686 or 73% of the households in Uptown Minneapolis, Minneapolis, MN are renter-occupied while 998 or 27% are owner-occupied.
Most affordable neighborhoods in Uptown Minneapolis?
Stevens Square - Loring Heights $1,038/month
Wenoah $1,096/month
Ventura Village $1,138/month
All of these neighborhoods fall below the city wide average of $1,689/month.Most expensive neighborhoods in Uptown Minneapolis?
Nicollet Island - East Bank $2,136/month
St. Anthony West $2,209/month
Cedar - Isles - Dean $2,564/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Minneapolis, MN By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Cedar - Isles - Dean | $2,564 |
| St. Anthony West | $2,209 |
| Nicollet Island - East Bank | $2,136 |
| North Loop | $2,112 |
| Dinkytown | $2,104 |
| University of Minnesota | $2,010 |
| Downtown Minneapolis | $1,984 |
| Marcy Holmes | $1,971 |
| Prospect Park East River Road | $1,877 |
| Ericsson | $1,838 |
| Near North Minneapolis | $1,783 |
| Sheridan | $1,736 |
| Hiawatha | $1,716 |
| Bryn - Mawr | $1,714 |
| Uptown Minneapolis | $1,699 |
| Standish | $1,663 |
| St. Anthony | $1,656 |
| Marshall Terrace | $1,625 |
| King Field | $1,615 |
| Midtown Phillips | $1,601 |
| West Calhoun | $1,586 |
| Holland | $1,545 |
| Harrison | $1,512 |
| Bottineau | $1,505 |
| Robbinsdale | $1,483 |
| Windom | $1,448 |
| Loring Park | $1,438 |
| Cedar Riverside | $1,438 |
| Lowry Hill | $1,424 |
| Richfield | $1,412 |
| Howe | $1,374 |
| Corcoran | $1,363 |
| Phillips West | $1,361 |
| Brooklyn Center | $1,337 |
| Linden Hills | $1,324 |
| Whittier | $1,320 |
| Windom Park | $1,311 |
| Longfellow | $1,307 |
| Tangletown | $1,280 |
| Seward | $1,242 |
| CARAG | $1,202 |
| Ventura Village | $1,138 |
| Wenoah | $1,096 |
| Stevens Square - Loring Heights | $1,038 |
Minneapolis | Rent Comparison by Neighborhood
Rent in Uptown Minneapolis is 13% higher than in Bottineau
Uptown Minneapolis rent is 1% lower than Minneapolis average
Bottineau rent is 12% lower than Minneapolis average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Uptown Minneapolis apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.