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$280 - $1,620
Plus Fees
2 Bedroom Apartments Available NowBottineau Commons and Lofts
1800-1808 University Ave NEMinneapolis, MN 55418
Cheap 2 Bedroom Apartments for Rent in Minneapolis, MN from $280 (583 Rentals)
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$907 - $1,695
Plus Fees1 Month Lease Term
2 Bedroom Apartments Available NowRose
1928 Portland AveMinneapolis, MN 55404
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$995 - $1,500
Plus Fees
2 Bedroom Apartments Available NowStevens Community Apartments
128 E 18th StMinneapolis, MN 55403
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$1,030 - $1,450
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$895 - $1,450
Total Monthly Price
$895 - $1,450
Knox and Lagoon Apartments
2901 Knox Ave SMinneapolis, MN 55408
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$1,035
Plus Fees
2 Bedroom Apartments Available Now1901 Lyndale
1901 Lyndale Ave SMinneapolis, MN 55403
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$1,075 - $1,300
Plus Fees12 Month Lease Term
2 Bedroom Apartments Contact Us For Availability409 University Ave SE
409 University Ave SEMinneapolis, MN 55414
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$1,115 - $1,450
Plus Fees
2 Bedroom Apartments Contact Us For AvailabilityGrove 94
215 Oak Grove StMinneapolis, MN 55403
5547 N Lyndale Ave
MinneapolisMN55430
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$1,150 - $1,280
Plus Fees12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilitySt. Anthony Village
320 7th St SEMinneapolis, MN 55414
3718 Oakland Ave S
MinneapolisMN55407
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.
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$1,195 - $1,375
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$900 - $1,375
Total Monthly Price
$900 - $1,375
Ellis and Louise Apartments
3440 Dupont Ave SMinneapolis, MN 55408
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$1,195 - $1,250
Plus Fees11 Month Lease Term
2 Bedroom Apartments Available NowStadium Village Apartments
1015 Essex St SEMinneapolis, MN 55414
1204 Harmon Pl
MinneapolisMN55403
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$1,200 - $1,300
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
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$745 - $1,300
Total Monthly Price
$745 - $1,300
Remington Apartments
708 5th St SEMinneapolis, MN 55414
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$1,200
Plus Fees
2 Bedroom Apartments Available Sep 1317 6th Ave SE
317 6th Ave SEMinneapolis, MN 55414
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$1,200
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Sep 1Total Monthly Price
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$1,200
Total Monthly Price
$1,200
926 Fulton St SE, Unit 1
926 Fulton St SEMinneapolis, MN 55414
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$1,225 - $1,295
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowRegent Place Apartments Hwy 100
4150 Regent Ave NMinneapolis, MN 55422
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$1,225
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowAutumn Ridge Apartments
8500-8516 63rd Ave NMinneapolis, MN 55428
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$1,250 - $1,269
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,250
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First Place Apartments
2312 1st Ave SMinneapolis, MN 55404
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$1,250
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2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
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$899 - $1,250
Total Monthly Price
$899 - $1,250
Colfax Villas I
3611 Colfax Ave SMinneapolis, MN 55409
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.
3549 Columbus Ave S
MinneapolisMN55407
2121 13th Ave S
MinneapolisMN55404
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$1,265
Plus Fees
2 Bedroom Apartments Contact Us For Availability2324 Bryant Ave S
2324 Bryant Ave SMinneapolis, MN 55405
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$1,275
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowPark Plaza
1315 Olson Memorial HwyMinneapolis, MN 55405
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$1,275 - $1,461
Total Monthly Price
2 Bedroom Apartments Available Sep 7Total Monthly Price
Base Rent
$1,275 - $1,439
Required Monthly Fees
$22
Total Monthly Price
$1,297 - $1,461
Lake Harriet Commons
4416 S Chowen AveMinneapolis, MN 55410
9150 Nicollet Ave
MinneapolisMN55420
27 97th Ave NW
MinneapolisMN55448
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$1,295 - $1,717
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowSt. Anne's Senior Housing
2323 26th Ave NMinneapolis, MN 55411
635 Adams St NE
MinneapolisMN55413
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$1,299 - $1,314
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
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$845 - $1,299
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225–233 Oak Grove – Oak Grove Downtown
233 Oak Grove StMinneapolis, MN 55403
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.
2941 Harriet Ave
MinneapolisMN55408
7225 Valley Pl
MinneapolisMN55427
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$1,300 - $1,322
Total Monthly Price
2 Bedroom Apartments Available Oct 1Total Monthly Price
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$1,300
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Quarry Place
1830 Hayes St NEMinneapolis, MN 55418
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$1,300 - $1,312
Total Monthly Price
2 Bedroom Apartments Available Oct 7Total Monthly Price
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$1,030 - $1,300
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Garfield Court
2101 Garfield Ave SMinneapolis, MN 55405
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$1,300
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowUptown Plaza
2300 Pleasant AveMinneapolis, MN 55404
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$1,300 - $1,400
Plus Fees
2 Bedroom Apartments Available NowOria Lakeview Apartments
3601 47th Ave NMinneapolis, MN 55422
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$1,320 - $1,635
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2 Bedroom Apartments Available Aug 31Total Monthly Price
Base Rent
$1,320 - $1,750
Total Monthly Price
$1,320 - $1,750
Robin Court
4400 45th Ave NMinneapolis, MN 55422
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$1,324 - $1,739
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
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$1,201 - $1,735
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Flats at Malcolm Yards
505 SE Malcolm AveMinneapolis, MN 55414
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$1,325 - $1,480
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2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$925 - $1,325
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242 West Franklin Ave
242 W Franklin AveMinneapolis, MN 55404
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$1,350 - $1,650
Plus Fees
2 Bedroom Apartments Contact Us For AvailabilityKarinsplass Apartments
2015 Riverside AveMinneapolis, MN 55454
Minneapolis's Best Affordable Neighborhoods
Learn about Minneapolis, MN and the best places to live with original content written by our Minneapolis Local Expert Stephanie Lica
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$1,350 - $1,555
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
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$1,350 - $1,495
Required Monthly Fees
$60
Total Monthly Price
$1,410 - $1,555
Diamond Pointe Apartments
6106-6116 Lyndale Ave SMinneapolis, MN 55419
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$1,350
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Sep 15Total Monthly Price
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$1,350
Total Monthly Price
$1,350
3314 Emerson Ave N, Unit Upper
3314 Emerson Ave NMinneapolis, MN 55412
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$1,350
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
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$1,350
Total Monthly Price
$1,350
2828 Blaisdell Ave, Unit 2 Bedroom Apartment
2828 Blaisdell AveMinneapolis, MN 55408
3552 5th Ave S
MinneapolisMN55408
1827 S 11th St
MinneapolisMN55404
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$1,350
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Sep 1Total Monthly Price
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$1,350
Total Monthly Price
$1,350
415 23rd Ave N, Unit 4
415 23rd Ave NMinneapolis, MN 55411
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$1,355 - $1,410
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available Sep 1Total Monthly Price
Base Rent
$1,345 - $1,400
Required Monthly Fees
$10
Total Monthly Price
$1,355 - $1,410
Flats at Emerson
3441 Emerson Ave SMinneapolis, MN 55408
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$1,359 - $1,582
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowMinnehaha 94
1901 Minnehaha AveMinneapolis, MN 55404
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$1,360
Plus Fees
2 Bedroom Apartments Contact Us For Availability2655 Colfax Ave S
2655 Colfax Ave SMinneapolis, MN 55408
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$1,361
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowStradford Flats
16 E 15th StMinneapolis, MN 55403
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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Minneapolis, MN Local Guide
Target Field
in Minneapolis by Flickr User: mulad is licensed under CC BY 2.0
How much does it cost to rent an apartment in Minneapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Minneapolis Studio Apartments | $1,329 | $635 | $2,439 |
| Minneapolis 1 Bedroom Apartments | $1,645 | $500 | $6,639 |
| Minneapolis 2 Bedroom Apartments | $2,204 | $280 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,576 | $739 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,400 | $649 | $6,500 |
| Minneapolis 5 Bedroom Apartments | $3,310 | $650 | $8,114 |
| Minneapolis 6 Bedroom Apartments | $3,845 | $2,600 | $6,051 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Minneapolis
See all Apartments in MinneapolisExplore Minneapolis
Minneapolis, MN Local Guide
- Minneapolis Neighborhoods
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Minneapolis, MN Rentals by Map
See the most popular apartments and homes in Minneapolis, MN
Minneapolis, MN Area Reviews
Do you know the Minneapolis area?
Let everyone know!
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Stephanie • 4+ years in Minneapolis
February 25, 2025A dream city for outdoorsy types who crave an urban experience...there's nothing like a day at the lakes or hitting up the Grand Rounds. Add amazing theater (like the Guthre) and restaurants and you have the perfect urban (but not too urban) lifestyle. The cost of living is going up but still pretty reasonable compared to most cities of a similar size and with similar cultural opportunities.
Frequently Asked Questions about Cheap Minneapolis Apartments
What is a cheap apartment in Minneapolis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Minneapolis is under $750.
What is the price of a cheap apartment in Minneapolis?
The cheapest apartment in Minneapolis is Bottineau Commons and Lofts which is listed at $333, while the average apartment in Minneapolis costs $1,710.
What types of apartments are the cheapest in Minneapolis?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9,483 regular apartments in Minneapolis that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Minneapolis?
Cheap apartments in Minneapolis have an average cost of $474 which is $1,236 cheaper than the average rent for all rentals in Minneapolis.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Written by: Stephanie Lica
Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.
Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.
A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.
Articles, How-To's, and Tips
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.