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$899 - $1,717
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowSt. Anne's Senior Housing
2323 26th Ave NMinneapolis, MN 55411
Cheap 2 Bedroom Apartments for Rent in Minneapolis, MN from $469 (662 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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$1,045 - $1,219
Plus Fees
2 Bedroom Apartments Available NowSeven Corners
1400 S 2nd StMinneapolis, MN 55454
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$1,050 - $1,200
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowCopenhagen Enterprises
26 Oak Grove StMinneapolis, MN 55403
4201 3rd St NE
MinneapolisMN55421
3318 N Penn Ave
MinneapolisMN55412
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$1,115 - $1,450
Plus Fees
2 Bedroom Apartments Contact Us For AvailabilityGrove 94
215 Oak Grove StMinneapolis, MN 55403
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$1,145 - $1,507
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$935 - $1,490
Required Monthly Fees
$17
Total Monthly Price
$952 - $1,507
2400 Harriet Ave Apartments | Origen Living
2400 Harriet Ave SMinneapolis, MN 55405
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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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
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Rent Specials
$1,175 - $1,450
Plus Fees11 Month Lease Term
2 Bedroom Apartments Available NowStadium Village Apartments
1015 Essex St SEMinneapolis, MN 55414
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$1,191
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowAutumn Ridge Apartments
8500-8516 63rd Ave NMinneapolis, MN 55428
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$1,195 - $1,330
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$900 - $1,330
Total Monthly Price
$900 - $1,330
Ellis and Louise Apartments
3440 Dupont Ave SMinneapolis, MN 55408
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$1,195 - $1,350
Total Monthly Price
2 Bedroom Apartments Available Jul 1Total Monthly Price
Base Rent
$1,195
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2600 Bryant Ave S
2600 Bryant Ave SMinneapolis, MN 55408
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$1,196 - $1,550
Plus Fees
2 Bedroom Apartments Available NowCarrington Drive
6910 Humboldt Ave NMinneapolis, MN 55430
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Rent Specials
$1,200 - $1,300
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$745 - $1,300
Total Monthly Price
$745 - $1,300
Remington Apartments
708 5th St SEMinneapolis, MN 55414
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$1,200
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Sep 1Total Monthly Price
Base Rent
$1,200
Total Monthly Price
$1,200
918 Fulton St SE, Unit 2, Unit 2
918 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
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.
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$1,234 - $1,269
Total Monthly Price
2 Bedroom Apartments Available Aug 1Total Monthly Price
Base Rent
$1,215 - $1,250
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First Place Apartments
2312 1st Ave SMinneapolis, MN 55404
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$1,247 - $1,327
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$970 - $1,295
Required Monthly Fees
$32
Total Monthly Price
$1,002 - $1,327
Corner 29 Apartments
2913 29th Ave SMinneapolis, MN 55406
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Rent Specials
$1,250 - $1,295
Plus Fees1 Month Lease Term
2 Bedroom Apartments Available NowWexford Commons Apartments
200-218 W 62nd StMinneapolis, MN 55419
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$1,250
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$899 - $1,250
Total Monthly Price
$899 - $1,250
Colfax Villas I
3611 Colfax Ave SMinneapolis, MN 55409
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$1,250 - $1,405
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,250
Required Monthly Fees
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Total Monthly Price
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2001 Bryant Ave S
2001 Bryant Ave SMinneapolis, MN 55405
2212 6th St NE
MinneapolisMN55418
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$1,275
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available May 31Park Plaza
1315 Olson Memorial HwyMinneapolis, MN 55405
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Rent Specials
$1,295 - $1,412
Total Monthly Price
2 Bedroom Apartments Available Jun 3Total Monthly Price
Base Rent
$895 - $1,395
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Colfax Terrace
3433-3435 Colfax Ave SMinneapolis, MN 55408
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$1,295 - $1,445
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available Aug 1Total Monthly Price
Base Rent
$1,295 - $1,995
Required Monthly Fees
$150
Total Monthly Price
$1,445 - $2,145
2209 Pleasant, Llc
2209 Pleasant AveMinneapolis, MN 55404
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$1,295 - $1,475
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available Jul 1Total Monthly Price
Base Rent
$1,295 - $1,395
Required Monthly Fees
$80
Total Monthly Price
$1,375 - $1,475
Isles East
1101-1105 W 28th StMinneapolis, MN 55408
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.
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$1,300 - $1,400
Plus Fees
2 Bedroom Apartments Available NowOria Lakeview Apartments
3601 47th Ave NMinneapolis, MN 55422
1715 Glenwood Ave
MinneapolisMN55405
2219 5th Ave S
MinneapolisMN55404
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$1,324 - $1,739
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityTotal 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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$1,345 - $1,475
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available Aug 1Total Monthly Price
Base Rent
$1,250 - $1,395
Required Monthly Fees
$80
Total Monthly Price
$1,330 - $1,475
Isles West
1115-1125 W 28th StMinneapolis, MN 55408
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$1,350 - $1,650
Plus Fees
2 Bedroom Apartments Contact Us For AvailabilityKarinsplass Apartments
2015 Riverside AveMinneapolis, MN 55454
1504 4th St NE
MinneapolisMN55413
2637 Pleasant Ave
MinneapolisMN55408
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$1,359 - $1,582
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available Jun 1Minnehaha 94
1901 Minnehaha AveMinneapolis, MN 55404
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$1,360 - $1,669
Plus Fees
2 Bedroom Apartments Available NowMidwell
2835 11th Ave SMinneapolis, MN 55407
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.
3004 Ottawa Ave S
MinneapolisMN55416
314 Knox Ave N
MinneapolisMN55405
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$1,3752 Bedroom Apartments Available Aug 1
3212 Fremont Ave S, Unit 302
3212 Fremont Ave SMinneapolis, MN 55408
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$1,375 - $1,575
Total Monthly Price
2 Bedroom Apartments Available Jun 30Total Monthly Price
Base Rent
$1,375 - $1,710
Total Monthly Price
$1,375 - $1,710
Robin Court
4400 45th Ave NMinneapolis, MN 55422
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Rent Specials
$1,385
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowKings Manor Apartments
4309 Rhode Island AveMinneapolis, MN 55428
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$1,385 - $1,560
Total Monthly Price
2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,145 - $1,560
Total Monthly Price
$1,145 - $1,560
Chelsea Park
4200 45th Ave NMinneapolis, MN 55422
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$1,390 - $1,625
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowRiverside Homes
617 19th AveMinneapolis, MN 55454
2900 N Colfax Ave
MinneapolisMN55411
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Rent Specials
$1,395
Total Monthly Price
2 Bedroom Apartments Available Jun 15Total Monthly Price
Base Rent
$1,045 - $1,395
Required Monthly Fees
Varies
Total Monthly Price
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Bryant Manor
3532 Bryant Ave SMinneapolis, MN 55408
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$1,395 - $1,550
Total Monthly Price
2 Bedroom Apartments Available Jun 1Total Monthly Price
Base Rent
$1,395
Required Monthly Fees
Varies
Total Monthly Price
Varies
Creek Terrace
616 W 53rd StMinneapolis, MN 55419
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.
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 | $1,325 | $640 | $3,769 |
| Minneapolis 1 Bedroom Apartments | $1,636 | $500 | $7,259 |
| Minneapolis 2 Bedroom Apartments | $2,194 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,685 | $739 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $1,965 | $649 | $9,950 |
| Minneapolis 5 Bedroom Apartments | $4,220 | $2,200 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Explore Minneapolis
Minneapolis, MN Local Guide
- Minneapolis Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Read ArticleQuick 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.
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!
Write a Review
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 $772.
What is the price of a cheap apartment in Minneapolis?
The cheapest apartment in Minneapolis is Bierman Place which is listed at $695, while the average apartment in Minneapolis costs $3,293.
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 12,191 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 $444 which is $2,849 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
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.
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.
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.
Authentic Minneapolis: An Insiders 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.
Articles, How-To's, and Tips
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.