Apartment Rent in Lowry Hill
Minneapolis, Minnesota ยท MN
Avg 1BR Rent $2,075 /month
Rent by Bedroom Count
Studio $1,500/mo ~549 sq ft $2.73/sq ft
1 Bedroom $2,075/mo ~762 sq ft $2.72/sq ft
2 Bedrooms $2,900/mo ~1105 sq ft $2.62/sq ft
3 Bedrooms $3,825/mo ~1410 sq ft $2.71/sq ft
Market Metrics
Year-over-Year Change -0.1% Rents declining
Vacancy Rate 2.8% Very tight supply
Walk Score 72/100 Very Walkable
Transit Score 39/100 Some Transit
What to Budget
At $2,075/mo for a 1-bedroom in Lowry Hill, you should budget at least $6,225/mo in gross income (the standard 30% rule). For a studio at $1,500/mo, you'd need roughly $4,500/mo.
Studio income needed $4,500/mo
1BR income needed $6,225/mo
2BR income needed $8,700/mo
Moving to Lowry Hill?
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