
Cheap 2 Bedroom Apartments for Rent in Minneapolis, MN from $469 (675 Rentals)


Peregrine

Rose

3419 Nicollet Avenue

Stevens Community Apartments

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Knox and Lagoon Apartments

The Remington Campus Apartments

Seven Corners

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2603 S 7th St, Unit 1

Grove 94
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.

St. Anthony Village

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1015 20th Ave SE, Unit 2

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Fremont Apartments | 3300

Autumn Ridge Apartments

Abbott Apartments

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Ellis and Louise Apartments

Carrington Drive

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3105 16th Ave S, Unit Three

3103 Dupont Ave S

Regent Place Apartments
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.

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3052 Minnehaha Ave, Unit #4

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Gopher Commons 1701

Wexford Commons Apartments

Oria Lakeview Apartments

Sela Campus University Apartments

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First Place Apartments

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Quarry Place

Colfax Villas I

2932 15th Ave S

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Garfield Court
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.

Park Plaza

Lake Harriet Commons

Stadium Village Apartments

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City Limits Apartments

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The Belmont Apartments

1st Avenue Flats

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2600 Bryant Ave S

924 21st Ave S

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2001 Bryant Ave S

The Denn of Dinkytown
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.

3718 Oakland Ave S

2219 5th Ave S

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3739 Fremont Ave N, Unit 1

3140 16th Ave S

2937-2939 Fremont Ave N

3212 Fremont Ave S

East River Plaza

214 N Morgan Ave

2709 N Aldrich Ave

Shelby Commons
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

How much does it cost to rent an apartment in Minneapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Minneapolis Studio Apartments | $1,302 | $640 | $2,205 |
| Minneapolis 1 Bedroom Apartments | $1,570 | $500 | $8,039 |
| Minneapolis 2 Bedroom Apartments | $2,116 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,321 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,023 | $535 | $5,341 |
| Minneapolis 5 Bedroom Apartments | $3,247 | $2,000 | $3,800 |
Explore 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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleEnjoy 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 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
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 the Cheapest Studio apartment in Minneapolis?
Currently the most affordable Cheap Studio Apartment in Minneapolis is at Yugo The Sydney at Dinkytown listed at $489.
How much is rent for a Cheap One Bedroom Minneapolis Apartment?
The lowest price for a Cheap One Bedroom Minneapolis Apartment is $489 at Yugo The Sydney at Dinkytown.
What is the lowest price for a Cheap Two Bedroom Minneapolis Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Minneapolis is starting from $489 at Yugo The Sydney at Dinkytown.
What is the most affordable Minneapolis Three Bedroom Apartment?
The best deal on a cheap Minneapolis Three Bedroom Apartment rental is at Yugo The Sydney at Dinkytown and starts from $489.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.