- About Us
- Contact Us
- Latest Reviews
- Student Housing
- Apartment Advice
- Manager Login
Map Your Apartment Location
Information About Minneapolis Apartments
Minneapolis is a city that is full of history and heritage. The City of Lakes is well-known for its rugged landscape, cold, snowy winters, rich Native American culture, and yet more snow. But it is also a city with a vibrant, exciting identity and a promising future. Its diversified economy includes strong finance, healthcare, commerce, industry, education, food processing, and rail and trucking sectors, and recent job growth has helped the city weather not only winter storms but economic ones as well. This is a great city to call home, and when you find the right Minneapolis apartment, you'll be able to take advantage of everything from theater and sports and outdoor recreation to a bike-friendly atmosphere.
In cities all over the country, vacancy rates are climbing. This is a double-edged sword: it is good for renters because there is typically more choice and lower rates. It is not great for landlords and building owners because they have to work harder to keep and attract tenants while offering lower rents. Minneapolis is a bit of an oddity: in 2009, the vacancy rate for the Twin Cities (Minneapolis and St. Paul) peaked at about 7.3, which is below the national average. This has dropped ever further to 4.2 percent. Minneapolis has an even lower 3 percent rate. So what does this mean for those looking for Minneapolis apartments for rent? While vacancy rates are declining, rents for apartments in Minneapolis are staying relatively stable, and even dropping a bit in some areas. According to some estimates, the rent for a one bedroom is about $800. Most other estimates put it at between $950 and $1570, depending on the area and amenities offered. Some popular neighborhoods include:
- Ventura Village
- Stevens Square
- Central Minneapolis
- Downtown West
- Loring Park
- Elliot Park
- Warehouse District
When you begin your Minneapolis apartment search, start by narrowing down your price range and the location in which you want to live. This just gives you a more targeted search that will, hopefully, make the process quick and easy. When you use an online locator service, you can find the right Minneapolis apt listing, view photos, watch a video, check out amenities, read tenant reviews and ratings, check availability, and get contact information for a leasing agent, landlord, or building owner. Look to apartmentreviews.net for assistance as well.
Make a short list of listings that you think will meet your needs. Check availability online to see if move-in dates would work for you, and contact the leasing agent. Before you sign a lease, always look at the property. Feel free to ask questions, including:
- When is the rent due? How do I pay? Do you have electronic withdrawal?
- What type of heat does this building have? This is a great one to ask in Minneapolis! Sometimes, landlords will pay heating but not electricity, but that does you little good if your heat is electric. These are little details, but they can add up in the middle of winter.
- What is included? Water, sewer, trash, property maintenance, parking, utilities, etc? Also ask what gas, electric, cable, and internet companies other tenants commonly use.
- Who do I call if there is a problem? What is the number? Can I email a work request? Get all the contact info you can.
Minneapolis is one of the most rich, vibrant cities in the United States. As soon as you find the right apartment, you'll be happy to call it home.