Cheap 2 Bedroom Apartments for Rent in Minneapolis, MN from $479 (674 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done
close
View Me
Rose
$907 - $1,695
Plus Fees1 Month Lease Term
2 Bedroom Apartments Available Oct 7

Rose

1928 Portland AveMinneapolis, MN 55404
Affordability
  • Verified
  • Customer Reviewed
  • Matterport 3D Tour

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

close
View Me
Minnehaha Manor Apartments
$1,195 - $1,338
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $1,195
Required Monthly Fees
$143

Total Monthly Price
$1,238 - $1,338
2 Bedroom Apartments Available Sep 15

Minnehaha Manor Apartments

5315 Minnehaha Ave SMinneapolis, MN 55417
Affordability
  • Verified
  • Utilities Included
  • Smoke Free

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

close
View Me
3600 Pennsylvania Ave S, Unit #3
$1,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200
2 Bedroom Apartment Available Oct 1

3600 Pennsylvania Ave S, Unit #3

3600 Pennsylvania Ave SMinneapolis, MN 55426
Affordability
  • Smoke Free
close
View Me
Dupont Avenue Apartments 3040
Rent Specials
$1,220 - $1,370
Total Monthly Price

Total Monthly Price

Base Rent
$1,215 - $1,365
Required Monthly Fees
$5

Total Monthly Price
$1,220 - $1,370
2 Bedroom Apartments Contact Us For Availability

Dupont Avenue Apartments 3040

3040 Dupont Ave SMinneapolis, MN 55408
Transit Friendly
  • Verified
  • Utilities Included
  • Matterport 3D Tour
close
View Me
First Place Apartments
$1,230 - $1,240
Total Monthly Price

Total Monthly Price

Base Rent
$1,225 - $1,235
Required Monthly Fees
$5

Total Monthly Price
$1,230 - $1,240
2 Bedroom Apartments Contact Us For Availability

First Place Apartments

2312 1st Ave SMinneapolis, MN 55404
Transit Friendly
  • Verified
  • Utilities Included
  • Smoke Free

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

close
View Me
7617 69th ave N, Unit #1
$1,250
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250
2 Bedroom Apartment Available Now

7617 69th ave N, Unit #1

7617 69th ave NMinneapolis, MN 55428
Affordability
  • Smoke Free

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

close
View Me
Isles East
$1,295 - $1,345
Total Monthly Price

Total Monthly Price

Base Rent
$1,295
Required Monthly Fees
$50

Total Monthly Price
$1,345
2 Bedroom Apartments Available Oct 1

Isles East

1101-1105 W 28th StMinneapolis, MN 55408
Transit Friendly
  • Verified
  • Customer Reviewed
  • Matterport 3D Tour

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Minneapolis, MN Local Guide

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Minneapolis, MN

Ranked #1

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Minneapolis, MN Rentals by Map

View Map
Minneapolis, MN Apartments Map
View Map
Minneapolis, MN Rental Homes Map

Getting Around Minneapolis, MN

Walk Score®

75 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

83 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

52 / 100

Good Transit

Many nearby public transportation options

Minneapolis, MN Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Stephanie • 4+ years in Minneapolis

February 25, 2025

A 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 $699.

What is the price of a cheap apartment in Minneapolis?

The cheapest apartment in Minneapolis is Yugo Minneapolis Sydney Hall which is listed at $504, while the average apartment in Minneapolis costs $3,106.

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 13,775 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 $411 which is $2,695 cheaper than the average rent for all rentals in Minneapolis.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.