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263 One Bedroom Apartments Near Me in Minneapolis, MN
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Cost of Living
52% Rent
vs
48% Own
Renter's Cost vs. Income
Last Updated October 2023
Average Monthly Rent (Census)
Last Updated October 2023
The breakdown of people who rent in Minneapolis, MN is 52% renters and 48% owners. The monthly average cost of rent in Minneapolis is $1,159 per month and the yearly average income is $99,741 per year. This compares to an average rent of $826 in MN and $1,003 in the US. This data was last updated in October 2023
Travel and Transport
Commuting to Work
Last Updated October 2023
Residents of Minneapolis, MN spend an average of 23.2 minutes commuting to work. 41% have short commutes under 20 minutes, 56% travel between 20 and 60 minutes, and 4% face longer journeys exceeding an hour, reflecting varying levels of accessibility and distance.
In Minneapolis, MN, 10% of residents rely on public transportation, 7% commute on foot, 3% use bicycles, and 80% opt for other modes such as cars and ride-sharing.
FAQs
What is the average rating of a community in Minneapolis?
The average rating is 2/5 stars.
What is the average price for a 1 Bedroom + 1 Bathroom in Minneapolis?
The average price is $1,688.95.
What is the average price for a 2 Bedrooms + 2 Bathrooms in Minneapolis?
The average price is $2,381.15.
What is the average price for a Studio + 1 Bathroom in Minneapolis?
The average price is $1,352.27.
What is the average monthly rent for Minneapolis?
Based on 2023 city data, the average monthly rent is $1,159.00.
What is the average commute time?
Based on 2017 city data, the average commute is 23.2 mins.