← Rent by cityTypical monthly rent in Minneapolis, MN, over the past three years
Rent in Minneapolis, MN
Data as of August 2026 · Zillow Observed Rent Index
Typical rent
$1,682
1-year change
+3.5%
3-year change
+9.7%
Metro, 1-year change
+3.5%
Rents in Minneapolis rose +3.5%, faster than the US overall (+2.5%). Expect landlords to push; compare your offer with your own ZIP, which can differ a lot from the city.
Typical rent in Minneapolis, past 3 years
All unit sizes, monthly
Show as a table
| Month | Typical rent |
|---|---|
| Aug 2026 | $1,682 |
| Jul 2026 | $1,682 |
| Jun 2026 | $1,673 |
| May 2026 | $1,668 |
| Apr 2026 | $1,659 |
| Mar 2026 | $1,652 |
| Feb 2026 | $1,646 |
| Jan 2026 | $1,633 |
| Dec 2025 | $1,623 |
| Nov 2025 | $1,617 |
| Oct 2025 | $1,620 |
| Sep 2025 | $1,627 |
| Aug 2025 | $1,625 |
| Jul 2025 | $1,624 |
| Jun 2025 | $1,617 |
| May 2025 | $1,604 |
| Apr 2025 | $1,593 |
| Mar 2025 | $1,581 |
| Feb 2025 | $1,574 |
| Jan 2025 | $1,563 |
| Dec 2024 | $1,555 |
| Nov 2024 | $1,555 |
| Oct 2024 | $1,559 |
| Sep 2024 | $1,565 |
| Aug 2024 | $1,568 |
| Jul 2024 | $1,567 |
| Jun 2024 | $1,568 |
| May 2024 | $1,564 |
| Apr 2024 | $1,557 |
| Mar 2024 | $1,546 |
| Feb 2024 | $1,535 |
| Jan 2024 | $1,524 |
| Dec 2023 | $1,523 |
| Nov 2023 | $1,518 |
| Oct 2023 | $1,520 |
| Sep 2023 | $1,523 |
| Aug 2023 | $1,533 |
Estimated typical rent by size
| Studio | $1,410 |
| 1 bedroom | $1,480 |
| 2 bedrooms | $1,780 |
| 3 bedrooms | $2,070 |
| 4+ bedrooms | $2,260 |
City typical rent × MN bedroom ratios from the Census American Community Survey. Rough guide only.
Check your own increase
ZIP-level trends can differ a lot from the city average.
By ZIP code
| ZIP | Typical rent | 1-year change |
|---|---|---|
| 55401 | $2,026 | +4.4% |
| 55402 | $1,687 | – |
| 55403 | $1,436 | +1.7% |
| 55404 | $1,443 | +2.6% |
| 55405 | $1,397 | +2.6% |
| 55406 | $1,472 | +1.5% |
| 55407 | $1,481 | +1.6% |
| 55408 | $1,518 | +3.6% |
| 55409 | $1,566 | +0.9% |
| 55410 | $2,445 | +3.7% |
| 55411 | $1,828 | +4.6% |
| 55412 | $1,788 | +3.0% |
| 55413 | $1,780 | +5.8% |
| 55414 | $1,513 | +3.1% |
| 55415 | $2,043 | +4.5% |
| 55417 | $1,887 | +4.6% |
| 55418 | $1,741 | +2.5% |
| 55419 | $1,702 | – |
Negotiating a renewal in Minneapolis
- Check your own ZIP, not just the city: in Minneapolis, ZIP-level changes over the past year range from +0.9% to +5.8%.
- Start 60–90 days before your lease ends, before you're short on time to look elsewhere.
- Lead with wanting to stay, then the numbers: your increase next to the local trend, with the source named.
- Name a specific number, and offer something in return, like a longer lease, if you can.
- Get any agreement in writing before you sign the renewal.