Minneapolis, MN Rent History

138 months of data, 20152026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-06)
$1,686
1-year change
+6.3%
$100/mo
5-year change
+17.6%
$252/mo
10-year change
+36.4%
$450/mo

Monthly rent trend

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Year-by-year rent in Minneapolis

YearMedian rentYoY changevs 2015
2015$1,160/mo0.0%
2016$1,221/mo+5.3%+5.3%
2017$1,295/mo+6.1%+11.6%
2018$1,358/mo+4.9%+17.1%
2019$1,404/mo+3.4%+21.0%
2020$1,444/mo+2.8%+24.5%
2021$1,415/mo-2.0%+22.0%
2022$1,490/mo+5.3%+28.4%
2023$1,516/mo+1.7%+30.7%
2024$1,551/mo+2.3%+33.7%
2025$1,569/mo+1.2%+35.3%
2026$1,659/mo+5.7%+43.0%

Frequently asked questions

How much has rent in Minneapolis changed since 2015?

Median rent in Minneapolis, MN was $1,161 in 2015-01 and is $1,686 as of 2026-06 — a change of $525 per month over 11 years.

How much has Minneapolis rent increased in the last 5 years?

Over the past 5 years, median rent in Minneapolis, MN has changed +17.6% ($252 per month). The current median is $1,686.

What has rent in Minneapolis done over the past decade?

Over the past 10 years, median rent in Minneapolis, MN has changed +36.4% ($450 per month). It is now $1,686.

Is rent in Minneapolis going up or down year over year?

Year over year, median rent in Minneapolis, MN has increased +6.3% ($100/mo). Current median: $1,686.

See full rent data for Minneapolis, MN
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.