Stevens Square, Minneapolis, MN Rental Market Trends

The average rent for an apartment in Stevens Square, Minneapolis, MN is $1,430 ($2.32 per sqft), based on a survey of 115 rental listings in Stevens Square, Minneapolis, MN conducted by Hello Data, Inc. on May 28, 2023. This is -24% below the national average rent of $1,875 ($1.87 per sqft). The following graphs show how average rent varies based on number of bedrooms, square footage, quality and location:

Average rent in Stevens Square, Minneapolis, MN by Number of Bedrooms

The chart below shows the average rent in Stevens Square, Minneapolis, MN for apartments by number of bedrooms:

Average apartment size in Stevens Square, Minneapolis, MN

The average apartment size in Stevens Square, Minneapolis, MN is 617 sqft, which is -38% below the U.S. national average apartment size of 1,003 sqft. This graph illustrates average size in Stevens Square, Minneapolis, MN for each unit type:

Average Rent in Minneapolis, MN by Neighborhood

There are 37 neighborhoods in Minneapolis, MN . Downtown East is the most expensive neighborhood, with an average rent of $2,695 ($2.28 per sqft), and Ventura Village is the most affordable neighborhood in Minneapolis, MN , with an average rent of $958 ($1.82 per sqft). The following tables show the Top 5 neighborhoods in Minneapolis, MN by average rent and the top 5 most affordable neighborhoods in Minneapolis, MN by average rent:

Top 5 most expensive neighborhoods in Minneapolis, MN by average rent:

Neighborhood
$2,695 avg. rent
$2.28 per sqft
$2,531 avg. rent
$2.36 per sqft
$1,895 avg. rent
$2.28 per sqft
$1,895 avg. rent
$2.53 per sqft
$1,882 avg. rent
$2.81 per sqft

Top 5 most affordable neighborhoods in Minneapolis, MN by average rent:

Neighborhood
$1,194 avg. rent
$2.67 per sqft
$1,180 avg. rent
$1.97 per sqft
$1,170 avg. rent
$2.58 per sqft
$1,128 avg. rent
$1.50 per sqft
$958 avg. rent
$1.82 per sqft

Average Rent in Minneapolis, MN by Zip Code

There are 22 zip codes in Minneapolis, MN . 55415 is the most expensive zip code, with an average rent of $2,695 ($2.29 per sqft), and 55430 is the most affordable zip code in Minneapolis, MN , with an average rent of $1,222 ($1.23 per sqft). The following tables show the Top 5 zip codes in Minneapolis, MN by average rent and the top 5 most affordable zip codes in Minneapolis, MN by average rent:

Top 5 most expensive zip codes in Minneapolis, MN by average rent:

Zip Code
$2,695 avg. rent
$2.29 per sqft
$1,875 avg. rent
$2.19 per sqft
$1,828 avg. rent
$2.53 per sqft
$1,800 avg. rent
$1.34 per sqft
$1,791 avg. rent
$2.44 per sqft

Top 5 most affordable zip codes in Minneapolis, MN by average rent:

Zip Code
$1,398 avg. rent
$2.21 per sqft
$1,390 avg. rent
$1.62 per sqft
$1,369 avg. rent
$1.93 per sqft
$1,350 avg. rent
$2.48 per sqft
$1,222 avg. rent
$1.23 per sqft

Average Apartment Listing Volume and Average Time on Market in Stevens Square, Minneapolis, MN

Average number of days on market in Stevens Square, Minneapolis, MN

The average listing remains on the market for 16 days in Stevens Square, Minneapolis, MN. This is greater than the national average time on market of 10 days for apartment listings. The chart below shows how many units remain on the market by number of days in Stevens Square, Minneapolis, MN:

Available Apartments in Stevens Square, Minneapolis, MN by Unit Type

On May 28, 2023 Hello Data, Inc. surveyed 115 active apartment listings in Stevens Square, Minneapolis, MN. The graph below shows the breakdown of multifamily units listed by bedroom count:

Frequently Asked Questions – Stevens Square, Minneapolis, MN Average Rents

What are the most affordable neighborhoods in Minneapolis, MN?

The most affordable neighborhoods in Minneapolis, MN are Ventura Village, where the average rent is $958 ($1.82 per sqft) and Windom, where renters pay $1,128 ($1.50 per sqft) per month on average.

What are the most expensive neighborhoods in Minneapolis, MN?

The most expensive neighborhoods in Minneapolis, MN are Downtown East, with an average rent of $2,695 ($2.28 per sqft) and Cedar-Isles-Dean, with an average rent of $2,531 ($2.36 per sqft) per month.

What are the most popular neighborhoods in Minneapolis, MN?

The most popular neighborhoods in Minneapolis, MN are Prospect Park, with 352 active listings as of May 28, 2023 and Lowry Hill East, with 345 active listings as of May 28, 2023.

How much is a Studio apartment in Stevens Square, Minneapolis, MN?

The average monthly rental price for Studio apartments in Stevens Square, Minneapolis, MN is $1,033 ($2.52 per sqft).

How much is a 1 Bedroom apartment in Stevens Square, Minneapolis, MN?

The average monthly rental price for 1 Bedroom apartments in Stevens Square, Minneapolis, MN is $1,395 ($2.35 per sqft).

How much is a 2 Bedroom apartment in Stevens Square, Minneapolis, MN?

The average monthly rental price for 2 Bedroom apartments in Stevens Square, Minneapolis, MN is $2,095 ($2.07 per sqft).

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