Apartment Rent in Northeast Minneapolis
Minneapolis, Minnesota ยท MN
Avg 1BR Rent $1,450 /month
Rent by Bedroom Count
Studio $925/mo ~567 sq ft $1.63/sq ft
1 Bedroom $1,450/mo ~788 sq ft $1.84/sq ft
2 Bedrooms $1,950/mo ~1143 sq ft $1.71/sq ft
3 Bedrooms $2,550/mo ~1458 sq ft $1.75/sq ft
Market Metrics
Year-over-Year Change +0.4% Stable market
Vacancy Rate 5.5% Moderate availability
Walk Score 56/100 Somewhat Walkable
Transit Score 92/100 Rider's Paradise
What to Budget
At $1,450/mo for a 1-bedroom in Northeast Minneapolis, you should budget at least $4,350/mo in gross income (the standard 30% rule). For a studio at $925/mo, you'd need roughly $2,775/mo.
Studio income needed $2,775/mo
1BR income needed $4,350/mo
2BR income needed $5,850/mo
Moving to Northeast Minneapolis?
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