Apartment Rent in Powderhorn
Minneapolis, Minnesota ยท MN
Avg 1BR Rent $1,675 /month
Rent by Bedroom Count
Studio $1,350/mo ~626 sq ft $2.16/sq ft
1 Bedroom $1,675/mo ~870 sq ft $1.93/sq ft
2 Bedrooms $2,450/mo ~1262 sq ft $1.94/sq ft
3 Bedrooms $3,200/mo ~1610 sq ft $1.99/sq ft
Market Metrics
Year-over-Year Change +0.2% Stable market
Vacancy Rate 7.4% Moderate availability
Walk Score 70/100 Very Walkable
Transit Score 53/100 Good Transit
What to Budget
At $1,675/mo for a 1-bedroom in Powderhorn, you should budget at least $5,025/mo in gross income (the standard 30% rule). For a studio at $1,350/mo, you'd need roughly $4,050/mo.
Studio income needed $4,050/mo
1BR income needed $5,025/mo
2BR income needed $7,350/mo
Moving to Powderhorn?
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