Studio Apartment Rent in Minneapolis, MN
Median asking rent for a studio apartment in Minneapolis, Minnesota as of July 2026. That's +24% lower than the citywide median of $1,686 and +1% below the national studio median of $1,290.
Income needed for a studio in Minneapolis
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.
Rent by apartment size in Minneapolis
Compare Minneapolis's median rent across every apartment size.
Cheapest cities for a studio in Minnesota
| # | City | Studio rent |
|---|---|---|
| 1 | Winona | $700 |
| 2 | Moorhead | $710 |
| 3 | Austin | $720 |
| 4 | Owatonna | $730 |
| 5 | Bemidji | $800 |
| 6 | Duluth | $848 |
| 7 | Waite Park | $890 |
| 8 | Saint Cloud | $940 |
| 9 | Rochester | $1,010 |
| 10 | Mankato | $1,030 |
| 11 | Anoka | $1,050 |
| 12 | Northfield | $1,060 |
| 13 | South Saint Paul | $1,060 |
| 14 | Saint Michael | $1,080 |
| 15 | Columbia Heights | $1,090 |
Most expensive cities for a studio in Minnesota
| # | City | Studio rent |
|---|---|---|
| 1 | Woodbury | $1,650 |
| 2 | Maple Grove | $1,600 |
| 3 | Eden Prairie | $1,570 |
| 4 | Lakeville | $1,550 |
| 5 | Cottage Grove | $1,540 |
| 6 | Edina | $1,520 |
| 7 | Blaine | $1,510 |
| 8 | Plymouth | $1,495 |
| 9 | Brooklyn Park | $1,495 |
| 10 | Savage | $1,470 |
| 11 | Rosemount | $1,470 |
| 12 | Minnetonka | $1,450 |
| 13 | Robbinsdale | $1,427 |
| 14 | Saint Louis Park | $1,385 |
| 15 | Vadnais Heights | $1,380 |
Nearby cities — studio rent
Considering nearby alternatives? 5 of these cities have cheaper studio rents than Minneapolis.
| City | Distance | Studio rent | vs Minneapolis |
|---|---|---|---|
| Golden Valley, MN | 6 mi | $1,270 | $-11 (-1%) |
| Columbia Heights, MN | 6.1 mi | $1,090 | $-191 (-15%) |
| Saint Louis Park, MN | 6.1 mi | $1,385 | +$104 (+8%) |
| Richfield, MN | 6.2 mi | $1,160 | $-121 (-9%) |
| Robbinsdale, MN | 6.8 mi | $1,427 | +$146 (+11%) |
| Edina, MN | 7.5 mi | $1,520 | +$239 (+19%) |
| Brooklyn Center, MN | 7.6 mi | $1,180 | $-101 (-8%) |
| Crystal, MN | 8.2 mi | $1,240 | $-41 (-3%) |
| Roseville, MN | 8.7 mi | $1,180 | $-101 (-8%) |
| Fridley, MN | 9.3 mi | $1,130 | $-151 (-12%) |
| New Brighton, MN | 9.8 mi | $1,100 | $-181 (-14%) |
| Bloomington, MN | 9.8 mi | $1,373 | +$92 (+7%) |
Studio rent in Minneapolis — common questions
How much is a studio apartment in Minneapolis?
As of July 2026, the median studio apartment rent in Minneapolis, Minnesota is $1,281 per month. This is +24% below the citywide median of $1,686.
What income do you need to afford a studio in Minneapolis?
Using the standard 30% rent-to-income rule, you would need an annual income of about $51,240 ($4,270/month gross), which works out to roughly $24.63/hour at a full-time job.
Is Minneapolis expensive for a studio compared to the rest of the US?
Minneapolis's studio median of $1,281 is +1% below the national studio median of $1,290. It ranks in the 50th percentile of US cities tracked.
How does Minneapolis rank for studio rent in Minnesota?
Among the 63 cities in Minnesota with studio data, Minneapolis ranks #39 from cheapest to most expensive.
Are there cheaper studio options near Minneapolis?
Yes — nearby cities with cheaper studio rents include Golden Valley ($1,270), Columbia Heights ($1,090), Richfield ($1,160).