Apartment Rent in Lyn-Lake
Minneapolis, Minnesota · MN
Avg 1BR Rent $1,200 /month
Rent by Bedroom Count
Studio $800/mo ~427 sq ft $1.87/sq ft
1 Bedroom $1,200/mo ~593 sq ft $2.02/sq ft
2 Bedrooms $1,700/mo ~860 sq ft $1.98/sq ft
3 Bedrooms $2,300/mo ~1097 sq ft $2.10/sq ft
Market Metrics
Year-over-Year Change +0.3% Stable market
Vacancy Rate 8.8% Plenty of options
Walk Score 77/100 Very Walkable
Transit Score 72/100 Excellent Transit
What to Budget
At $1,200/mo for a 1-bedroom in Lyn-Lake, you should budget at least $3,600/mo in gross income (the standard 30% rule). For a studio at $800/mo, you'd need roughly $2,400/mo.
Studio income needed $2,400/mo
1BR income needed $3,600/mo
2BR income needed $5,100/mo
Moving to Lyn-Lake?
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