Best Apartment Specials in Minneapolis, MN
What rent specials are currently happening in minneapolis?
Minneapolis renters can find active rent specials right now, with “one month free” deals dominating the current listing landscape alongside look-and-lease incentives and limited-time move-in discounts. The most prevalent special type is “one month free,” appearing across multiple price points and neighborhoods throughout the city. Prices for available units currently range from around $875 for studios up to $2,739 for two-bedroom apartments, based on current listings.
The Minneapolis rental market is showing meaningful concessions as landlords compete for tenants heading into summer. Whether you’re hunting for a budget studio or a spacious two-bedroom, there are real dollars on the table if you know where to look. This post updates weekly so the deals you see here reflect the freshest available data.
🗓️ Last updated: June 09, 2026 at 11:30 AM PDT
What types of rent specials should I look for in minneapolis?
The most common rent specials in Minneapolis right now are “one month free,” “look-and-lease” discounts, and limited-time move-in cash credits. Each type delivers savings differently, so understanding the mechanics helps you compare true value across listings.
- One month free – You pay 11 months on a 12-month lease, saving your full monthly rent upfront or spread across payments.
- Look-and-lease special – Apply same day or shortly after touring and receive free weeks (up to 4 weeks in current listings), rewarding fast decision-making.
- Limited-time move-in credit – A flat dollar amount (e.g., $500 off select units) applied at signing, directly reducing your first payment.
- Prorated promotion / advertised rate discount – The listed rent already reflects the concession spread across the lease term, so your monthly rate is lower throughout.
- Multiple months free – Rare but highest value; one current listing offers up to 4 months free, which can mean thousands of dollars saved over a lease term.
- Reduced security deposit – A lower upfront deposit requirement, easing move-in cash demands.
- Waived application fee – The application or admin fee is waived, saving $25–$100 at the point of applying.
- Referral bonus – Existing residents refer new tenants in exchange for a rent credit for both parties.
- Flexible lease length incentive – Shorter or longer lease terms come with a concession to lock in occupancy.
- Free parking or storage – A monthly amenity value (often $50–$150/month) bundled in as a move-in incentive.
When is the best time to find a rent deal in minneapolis?
When is the best time to rent in minneapolis? The best time to find rent deals in Minneapolis is between October and February, when demand drops sharply as fewer people want to move during harsh Minnesota winters. Landlords in this off-season window are far more likely to offer free months, waived fees, or flexible terms to fill vacancies. Late November through January typically produces the deepest concessions of the year.
When is the worst time to look for deals in minneapolis? May through August is the most competitive rental season in Minneapolis, driven by university move-outs, job relocations, and general summer mobility. During these months, landlords have less incentive to offer specials because units lease quickly at or above asking price. June and July in particular see the fewest and shallowest concessions in the market.
What day of the week should I check for new listings? Tuesday and Wednesday are the best days to check for new Minneapolis listings, as property managers typically post fresh units and updated specials at the start of the mid-week work cycle. Checking early in the morning gives you the best chance of seeing a deal before other applicants do.
How do I act fast when a deal appears?
- Set up listing alerts on Sunny for your target neighborhoods so you’re notified the moment a new special posts — don’t rely on manual browsing alone.
- Have your documents ready in advance: proof of income, ID, and references so you can submit a complete application within hours of touring.
- Tour the same day you inquire — look-and-lease specials in the current listings specifically reward same-day or next-day decisions.
- Ask directly about unadvertised specials when you call or email; some landlords hold back concessions for serious, move-in-ready applicants.
- Know your move-in date range and be willing to flex by 1–2 weeks — landlords will often sweeten a deal for a renter who can match their preferred availability date.
Which neighborhoods in minneapolis have the most rent specials right now?
Loring Park leads all Minneapolis neighborhoods with 14 active listings featuring rent specials, making it the single best area to search for deals right now.
| Neighborhood | Listings with Specials |
|---|---|
| Loring Park | 14 |
| Uptown | 9 |
| Lyn Lake | 5 |
| Downtown West | 5 |
| Whittier | 5 |
| Warehouse District | 5 |
| Carag | 5 |
| Downtown East | 5 |
| Elliot Park | 4 |
| Nicollet Island | 4 |
Notably, the south-central corridor — Loring Park, Uptown, Lyn Lake, Whittier, and Carag — is clustering with the highest density of active specials, suggesting strong landlord competition in that stretch of the city.
What are the top 5 apartment specials in minneapolis this week?
The single best deal available in Minneapolis right now is at The Eloise, where renters can receive up to 4 months completely free — a concession worth over $10,000 on a $2,550/month unit.
🥇 The Eloise - 55+ Senior Housing
2850 North Wayzata Boulevard, Minneapolis, MN 55405
The Eloise is a dedicated 55+ senior housing community offering two-bedroom apartments at $2,550/month. Designed for active older adults, its location near Wayzata Boulevard provides convenient access to the western edge of Minneapolis. At 4 months free, this is the highest-value concession in the current Minneapolis market by a significant margin.
Deal: Four months of completely free rent on a two-bedroom saves qualifying residents up to $10,200 over the lease term.
Up to 4 months rent free!
🥈 Uptown Lake Apartments
1212 West Lake Street, Minneapolis, MN 55408
Uptown Lake Apartments offers studios through two-bedrooms ranging from $1,165 to $2,739/month, situated on West Lake Street in one of Minneapolis’s most walkable and vibrant neighborhoods. The property’s Uptown location puts residents steps from restaurants, nightlife, lakes, and transit. Up to 4 weeks free makes this the strongest look-and-lease deal currently available in the mid-range market.
Deal: Act fast after touring and you could secure up to 4 weeks free rent — worth up to $2,106 on a $1,165 studio or significantly more on larger units.
Look and Lease Special up to 4 Weeks free Available For a limited time! Certain restrictions apply, inquire for more details.
🥉 1524 Lasalle Avenue
1524 Lasalle Avenue, Minneapolis, MN 55403
Located in the Loring Park neighborhood, 1524 Lasalle Avenue offers one-bedroom apartments at $1,050/month — one of the lowest price points among currently available one-bedrooms with active specials in Minneapolis. The building sits in a neighborhood dense with dining, green space, and easy downtown access. At $1,050/month, one month free here represents the most affordable per-month one-bedroom with a full-month concession in current listings.
Deal: One full month free on all one-bedroom units saves renters $1,050 at lease signing or spread across the lease term.
1 month free on all 1 bedrooms.
4️⃣ Midtown Exchange
2929 Chicago Avenue, Minneapolis, MN 55407
Midtown Exchange is a landmark mixed-use development offering one- and two-bedroom apartments from $1,120 to $1,648/month in the Midtown neighborhood of Minneapolis. The building is part of the historic Sears complex redevelopment and sits above the Midtown Global Market, providing exceptional on-site amenities and neighborhood character. One month free on a $1,648 two-bedroom saves renters $1,648 — strong value for a well-located, amenity-rich property.
Deal: One month free applies to available units, saving renters between $1,120 and $1,648 depending on the unit selected.
Receive one month free!
5️⃣ Loring Grove Apartments
125 Oak Grove Street, Minneapolis, MN 55403
Loring Grove Apartments offers studios and one-bedrooms ranging from $875 to $1,360/month on Oak Grove Street in Loring Park, one of Minneapolis’s most deal-dense neighborhoods right now. Entry-level pricing starting at $875 makes this one of the most accessible options among properties currently running specials. The $500 off incentive is most impactful here at the $875 studio price point, where it represents over half a month’s free rent.
Deal: Apply by June 15 and receive $500 off select apartment homes, saving renters a flat move-in discount applicable to studios starting at $875/month.
Apply by June 15 and Receive $500 OFF Select Apartment Homes!
Check back weekly for updated specials or explore more listings in Minneapolis.
