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$1,338
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowShelby Commons
188 Glenwood AveMinneapolis, MN 55405
Cheap 2 Bedroom Apartments for Rent in Minneapolis, MN from $469 (607 Rentals) Page 2 of 13
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$1,345
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,345
Total Monthly Price
$1,345
3052 Minnehaha Ave, Unit #4
3052 Minnehaha AveMinneapolis, MN 55406
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$1,3452 Bedroom Apartments Available Now
2741 Virginia Ave N
2741 Virginia Ave NMinneapolis, MN 55427
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$1,3502 Bedroom Apartments Available Jun 1
3212 Fremont Ave S
3212 Fremont Ave SMinneapolis, MN 55408
1315 N Dowling Ave
MinneapolisMN55412
1311-1313 Franklin Ave SE
MinneapolisMN55414
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$1,350
Plus Fees
2 Bedroom Apartments Available Apr 20West Broadway Crescent
2000 W Broadway Ave NEMinneapolis, MN 55411
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$1,350 - $1,650
Plus Fees
2 Bedroom Apartments Contact Us For AvailabilityKarinsplass Apartments
2015 Riverside AveMinneapolis, MN 55454
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$1,375 - $1,395
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,125 - $1,725
Total Monthly Price
$1,125 - $1,725
Simmons Manor
3800 Minnehaha AveMinneapolis, MN 55406
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$1,380
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available May 1The Endurance
725 8th St SEMinneapolis, MN 55414
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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$1,385
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowKings Manor Apartments
4309 Rhode Island AveMinneapolis, MN 55428
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$1,390 - $1,625
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowRiverside Homes
617 19th AveMinneapolis, MN 55454
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$1,390
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Jun 1Total Monthly Price
Base Rent
$1,390
Total Monthly Price
$1,390
2630 Pleasant Avenue, Unit 202
2630 Pleasant AvenueMinneapolis, MN 55408
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$1,3902 Bedroom Apartments Available Now
3246 Douglas Dr N
3246 Douglas Dr NMinneapolis, MN 55422
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$1,3952 Bedroom Apartments Available Now
2007 Aldrich Ave S
2007 Aldrich Ave SMinneapolis, MN 55405
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$1,3952 Bedroom Apartments Available Now
2007 Aldrich Ave S
2007 Aldrich Ave SMinneapolis, MN 55405
2900 N Colfax Ave
MinneapolisMN55411
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$1,395 - $1,850
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowStone Arch I
601-701 Main St SEMinneapolis, MN 55414
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$1,395 - $1,475
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available Jul 1Total Monthly Price
Base Rent
$1,175 - $1,395
Required Monthly Fees
$80
Total Monthly Price
$1,255 - $1,475
Isles East
1101-1105 W 28th StMinneapolis, MN 55408
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$1,395 - $1,459
Total Monthly Price
2 Bedroom Apartments Available May 8Total Monthly Price
Base Rent
$1,065 - $1,395
Required Monthly Fees
$64
Total Monthly Price
$1,129 - $1,459
Windsor Gates
6200 78th Ave NMinneapolis, MN 55443
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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$1,395
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$935 - $1,395
Required Monthly Fees
Varies
Total Monthly Price
Varies
Colfax Terrace
3433-3435 Colfax Ave SMinneapolis, MN 55408
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$1,399
Plus Fees
2 Bedroom Apartments Contact Us For AvailabilityGranite Creek
5555 Zealand Ave NMinneapolis, MN 55428
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$1,399 - $1,450
Plus Fees
2 Bedroom Apartments Available Jun 1Humboldt Terrace
2725 Humboldt Ave SMinneapolis, MN 55408
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Rent Specials
$1,399 - $1,499
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,399
Required Monthly Fees
$100
Total Monthly Price
$1,499
Gopher Commons 1701
1701-1725 Elm St SEMinneapolis, MN 55414
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$1,400
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available Jun 1Total Monthly Price
Base Rent
$1,195 - $2,400
Total Monthly Price
$1,195 - $2,400
The Denn of Dinkytown
815 13th Ave SEMinneapolis, MN 55414
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$1,400
Plus Fees
2 Bedroom Apartments Available NowThe Parkway Apartments
1501 Lasalle AveMinneapolis, MN 55403
4209 N Bryant Ave
MinneapolisMN55412
1314 N Morgan Ave
MinneapolisMN55411
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$1,405 - $1,545
Total Monthly Price
2 Bedroom Apartments Available May 31Total Monthly Price
Base Rent
$1,150 - $1,545
Total Monthly Price
$1,150 - $1,545
Chelsea Park
4200 45th Ave NMinneapolis, MN 55422
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$1,410
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,410 - $1,670
Required Monthly Fees
Varies
Total Monthly Price
Varies
The Birchway Apartments
5716 Winnetka Ave NMinneapolis, MN 55428
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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$1,420
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Jun 1Total Monthly Price
Base Rent
$1,420
Total Monthly Price
$1,420
3058 Hayes St NE, Unit 2
3058 Hayes St NEMinneapolis, MN 55418
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$1,425 - $1,505
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,195 - $1,425
Required Monthly Fees
$80
Total Monthly Price
$1,275 - $1,505
Fulton Terrace
2915 W 50th StMinneapolis, MN 55410
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$1,425 - $1,555
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available Jun 1Total Monthly Price
Base Rent
$1,095 - $1,495
Required Monthly Fees
$60
Total Monthly Price
$1,155 - $1,555
Diamond Pointe Apartments
6106-6116 Lyndale Ave SMinneapolis, MN 55419
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$1,434
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,199 - $1,434
Required Monthly Fees
Varies
Total Monthly Price
Varies
The Theodore Apartments 55+
2840 N Wayzata BlvdMinneapolis, MN 55405
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$1,438 - $1,538
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,095 - $1,395
Required Monthly Fees
$143
Total Monthly Price
$1,238 - $1,538
Minnehaha Manor Apartments
5315 Minnehaha Ave SMinneapolis, MN 55417
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$1,439 - $1,461
Total Monthly Price
2 Bedroom Apartments Available Jun 8Total Monthly Price
Base Rent
$1,439
Required Monthly Fees
$22
Total Monthly Price
$1,461
Lake Harriet Commons
4416 S Chowen AveMinneapolis, MN 55410
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$1,445 - $1,560
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available May 1Total Monthly Price
Base Rent
$1,095 - $1,495
Required Monthly Fees
$65
Total Monthly Price
$1,160 - $1,560
Lake West on France
3028 Ewing Ave SMinneapolis, MN 55416
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$1,4452 Bedroom Apartments Available Now
1818 La Salle Ave
1818 La Salle AveMinneapolis, MN 55403
11210 Sunset Trail
MinneapolisMN55441
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$1,450
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available May 1Total Monthly Price
Base Rent
$1,450
Total Monthly Price
$1,450
1606 Monroe St NE, Unit 2
1606 Monroe St NEMinneapolis, MN 55413
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$1,4502 Bedroom Apartments Available Now
3139 3rd Ave S
3139 3rd Ave SMinneapolis, MN 55408
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$1,450
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available May 10North Creek
560 Humboldt Ave NMinneapolis, MN 55405
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$1,450 - $1,525
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available May 12100 Aldrich
2100 Aldrich Ave SMinneapolis, MN 55405
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$1,455
Total Monthly Price1 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$990 - $1,455
Total Monthly Price
$990 - $1,455
Drexel Apartments
1009 Park AveMinneapolis, MN 55404
2318 Jefferson St NE
MinneapolisMN55418
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$1,458
Plus Fees12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityHook and Ladder Apartments
640 24th Ave NEMinneapolis, MN 55418
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$1,460
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowEast River Plaza
301 Saint Anthony AveMinneapolis, MN 55414
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$1,469 - $1,492
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available Jun 15Total Monthly Price
Base Rent
$1,469
Required Monthly Fees
$23
Total Monthly Price
$1,492
Bottineau on the River
2219 Marshall St NEMinneapolis, MN 55418
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$1,474 - $1,524
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,289 - $1,524
Total Monthly Price
Varies
Luna Apartments
2520 8th St SMinneapolis, MN 55454
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$1,475
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowBrackett's Place Apartments
3525 27th St EMinneapolis, MN 55406
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 | $1,312 | $640 | $2,843 |
| Minneapolis 1 Bedroom Apartments | $1,599 | $500 | $8,819 |
| Minneapolis 2 Bedroom Apartments | $2,191 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,630 | $729 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $1,920 | $639 | $7,824 |
| Minneapolis 5 Bedroom Apartments | $2,990 | $2,029 | $3,495 |
| Minneapolis 6 Bedroom Apartments | $3,303 | $2,600 | $4,650 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Explore Minneapolis
Let everyone know!
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Minneapolis, MN Area Reviews
Do you know the Minneapolis area?
Let everyone know!
Write a ReviewStephanie • 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 $745.
What is the price of a cheap apartment in Minneapolis?
The cheapest apartment in Minneapolis is Yugo The Sydney at Dinkytown which is listed at $489, while the average apartment in Minneapolis costs $2,803.
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 13,254 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 $410 which is $2,393 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
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.
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.