Rentometer, Inc. | Data as of 12/04/2025
The MinneapolisâSt. PaulâBloomington 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 threeâ and fourâplusâbedroom homes in familyâfriendly neighborhoods like Edina, St. Louis Park, and Maple Grove. Apartments dominate the market, with studio units typically falling in the $1200s and oneâbedroom apartments averaging around $1500. Larger twoâ and threeâbedroom apartments often reach the $1900â$2300 range, while premium fourâplusâbedroom rentals can approach the $2600â$2800 mark. For those seeking the privacy of a house, oneâbedroom homes average near $1300, twoâbedroom houses hover around $1800, and upscale fourâplusâbedroom 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 worldârenowned Mall of America. A vibrant arts scene thrives in neighborhoods like Uptown and Northeast Minneapolis, while topâranked institutionsâincluding the University of Minnesota and Hamline Universityâprovide a steady flow of students and professionals. Excellent public transit, bikeâfriendly streets, and a growing tech corridor ensure connectivity throughout the metro, making MinneapolisâSt. PaulâBloomington an attractive and versatile place to call home.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,273 | $1,300 | $700 - $2,195 | $1,125 - $1,410 |
| Apartment | 1 Bedroom | $1,497 | $1,470 | $575 - $3,095 | $1,175 - $1,795 |
| Apartment | 2 Bedroom | $1,920 | $1,796 | $675 - $4,665 | $1,470 - $2,325 |
| Apartment | 3 Bedroom | $2,328 | $2,100 | $1,400 - $4,695 | $1,895 - $2,575 |
| Apartment | 4+ Bedroom | $3,685 | $3,100 | $440 - $11,287 | $1,750 - $3,970 |
| House | 1 Bedroom | $1,074 | $1,125 | $750 - $1,450 | $750 - $1,295 |
| House | 2 Bedroom | $1,761 | $1,675 | $650 - $3,000 | $1,495 - $2,050 |
| House | 3 Bedroom | $2,284 | $2,245 | $900 - $3,800 | $1,995 - $2,600 |
| House | 4+ Bedroom | $3,380 | $2,824 | $1,800 - $8,995 | $2,500 - $3,200 |
In the current period, the average rent in Minneapolis-St. Paul-Bloomington, MN-WI was $1,273 for Studio, $1,893 for 1 Bedroom, $1,903 for 2 Bedroom, $2,304 for 3 Bedroom, and $3,306 for 4+ Bedroom.
Data provided by Rentometer, Inc.