Minneapolis Homes for Rent
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Our new rental is so great. It affords us the room we need at the price we can afford. We have never been so happy with our living arrangement! - Minneapolis,MN
Minneapolis Homes for Rent
Are you in the market for a house rental in Minneapolis? There is a plethora of lovely homes and you can locate the most suitable one with MyNewPlace's home rental search. Home rentals can provide much more space than other housing options. Single family house, condo, or townhome - you can find the perfect rental home in the grandest places of Minneapolis that will fit your housing needs.
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Minneapolis Market Trends
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Household Income
Household Income City State City Compared to State Less than $10,000 10.8% 6.7% +4.1% $10,000 to $14,999 6.8% 5.4% +1.4% $15,000 to $19,999 6.7% 5.4% +1.3% $20,000 to $24,999 7.5% 6.0% +1.5% $25,000 to $29,999 7.0% 6.1% +0.9% $30,000 to $34,999 7.1% 6.3% +0.8% $35,000 to $39,999 6.1% 5.9% +0.2% $40,000 to $44,999 5.8% 5.8% +0.0% $45,000 to $49,999 5.0% 5.3% -0.3% $50,000 to $59,999 8.5% 10.2% -1.7% $60,000 to $74,999 9.3% 12.2% -2.9% $75,000 to $99,999 9.0% 12.1% -3.1% $100,000 to $124,999 4.4% 5.6% -1.2% $125,000 to $149,999 2.1% 2.6% -0.5% $150,000 to $199,999 1.7% 2.1% -0.4% $200,000 or more 2.1% 2.2% -0.1% -
Cost of Living
Share of Household Income Spent on Rent City State City Compared to State Less than 10.0% 6.7% 6.4% +0.3% 10.0% to 14.9% 11.1% 12.3% -1.2% 15.0% to 19.9% 14.7% 15.4% -0.7% 20.0% to 24.9% 13.8% 14.1% -0.3% 25.0% to 29.9% 12.1% 11.7% +0.4% 30.0% to 34.9% 7.9% 7.9% +0.0% 35.0% to 39.9% 5.4% 5.3% +0.1% 40.0% to 49.9% 7.0% 6.5% +0.5% 50.0% or more 17.6% 15.4% +2.2% Not computed 3.8% 5.0% -1.2% -
Age Demographic of Renters
Age Demographic of Renters City State City Compared to State 15 to 24 years 19.1% 17.5% +1.6% 25 to 34 years 35.0% 27.6% +7.4% 35 to 44 years 19.1% 18.8% +0.3% 45 to 54 years 11.9% 11.8% +0.1% 55 to 64 years 5.9% 6.3% -0.4% 65 to 74 years 3.9% 5.8% -1.9% 75 to 84 years 3.1% 7.6% -4.5% 85 years and over 1.9% 4.6% -2.7% -
Travel Time to Work
Travel Time to Work City State City Compared to State Less than 30 minutes 52.6% 43.9% +8.7% 30 to 44 minutes 24.8% 25.7% -0.9% 45 to 59 minutes 7.0% 11.7% -4.7% 60 or more minutes 15.6% 18.6% -3.0%
Source: 2000 Census
Average Price to Lease a Home Property in Minneapolis, Minnesota
| # Bedrooms | Jan | Dec | Nov | 3 Month % change |
|---|---|---|---|---|
| 1 Bed | N/A | N/A | N/A | 0% |
| 2 Bed | $1,195 | $1,212 | $1,398 | -14.5% |
| 3 Bed | $1,317 | $1,368 | $1,449 | -9.1% |
| 4 Bed | $2,587 | $1,923 | $2,281 | 13.4% |
See how Apartment Rentals compare in Minneapolis
Houses for Rent in Cities Near Minneapolis, MN
MyNewPlace can help you find the Minneapolis, MN home rental that will work best for you. Using our rental home search, you can view townhomes or condos for rent if you want to live downtown, or check out the rental listings for single family house rentals in the surrounding areas. Try one of these cities below for more rental houses near Minneapolis, MN.