Minneapolis-St. Paul-Bloomington, MN-WI Rent Report
Apartments & Houses by Size

Rentometer, Inc. | Data as of 10/23/2025

The Minneapolis‑St. Paul‑Bloomington metro area boasts a dynamic rental market that blends urban excitement with suburban comfort. Prospective renters can find a wide variety of housing options, from sleek studios in the revitalized North Loop and Midtown Global Market to spacious three‑ and four‑plus‑bedroom homes in family‑friendly neighborhoods like Edina, St. Louis Park, and Maple Grove. Apartments dominate the market, with studio units typically falling in the $1200s and one‑bedroom apartments averaging around $1500. Larger two‑ and three‑bedroom apartments often reach the $1900‑$2300 range, while premium four‑plus‑bedroom rentals can approach the $2600‑$2800 mark. For those seeking the privacy of a house, one‑bedroom homes average near $1300, two‑bedroom houses hover around $1800, and upscale four‑plus‑bedroom properties commonly exceed $3000, reflecting the area's strong demand for quality family dwellings.

Beyond the numbers, the Twin Cities region offers an abundance of cultural, recreational, and educational amenities that enhance the rental experience. Residents enjoy easy access to iconic landmarks such as the Chain of Lakes, the Mississippi Riverfront, and the world‑renowned Mall of America. A vibrant arts scene thrives in neighborhoods like Uptown and Northeast Minneapolis, while top‑ranked institutions—including the University of Minnesota and Hamline University—provide a steady flow of students and professionals. Excellent public transit, bike‑friendly streets, and a growing tech corridor ensure connectivity throughout the metro, making Minneapolis‑St. Paul‑Bloomington an attractive and versatile place to call home.

Minneapolis-St. Paul-Bloomington, MN-WI Rent by Property Type & Bedroom Count

Property Type Bedrooms Average Median Min - Max 25th - 75th
Apartment Studio $1,212 $1,188 $850 - $1,675 $1,029 - $1,395
Apartment 1 Bedroom $1,482 $1,467 $575 - $3,095 $1,240 - $1,675
Apartment 2 Bedroom $1,926 $1,799 $950 - $4,795 $1,480 - $2,210
Apartment 3 Bedroom $2,221 $2,192 $950 - $4,553 $1,871 - $2,477
Apartment 4+ Bedroom $2,658 $2,350 $1,697 - $4,500 $1,850 - $3,700
House 1 Bedroom $1,003 $999 $612 - $1,400 $612 - $1,400
House 2 Bedroom $1,730 $1,765 $892 - $2,649 $1,300 - $2,100
House 3 Bedroom $2,532 $2,400 $900 - $4,895 $2,095 - $2,895
House 4+ Bedroom $3,108 $2,900 $625 - $6,995 $2,500 - $3,500

In the current period, the average rent in Minneapolis-St. Paul-Bloomington, MN-WI was $1,209 for Studio, $1,472 for 1 Bedroom, $1,911 for 2 Bedroom, $2,416 for 3 Bedroom, and $3,002 for 4+ Bedroom.

Minneapolis-St. Paul-Bloomington, MN-WI

Rentometer subscribers can see individual property locations on the map in addition to the heatmap. Click here to Subscribe

Data provided by Rentometer, Inc.