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$1,350 - $1,650
Plus Fees
2 Bedroom Apartments Contact Us For AvailabilityKarinsplass Apartments
2015 Riverside AveMinneapolis, MN 55454
Cheap 2 Bedroom Apartments for Rent in Minneapolis, MN from $469 (694 Rentals) Page 2 of 14
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$1,350
Plus Fees
2 Bedroom Apartments Available NowWest Broadway Crescent
2000 W Broadway Ave NEMinneapolis, MN 55411
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$1,350
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,350
Total Monthly Price
$1,350
340 15th Ave NE, Unit 2nd floor
340 15th Ave NEMinneapolis, MN 55413
2709 N Aldrich Ave
MinneapolisMN55411
1311-1313 Franklin Ave SE
MinneapolisMN55414
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$1,360 - $1,515
Total Monthly Price
2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,360 - $1,695
Total Monthly Price
$1,360 - $1,695
Robin Court
4400 45th Ave NMinneapolis, MN 55422
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Rent Specials
$1,365 - $1,381
Total Monthly Price
2 Bedroom Apartments Available Jan 13, 2026Total Monthly Price
Base Rent
$895 - $1,365
Required Monthly Fees
$16
Total Monthly Price
$911 - $1,381
Colfax Terrace
3433-3435 Colfax Ave SMinneapolis, MN 55408
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Rent Specials
$1,380 - $1,450
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowThe Endurance
725 8th St SEMinneapolis, MN 55414
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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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Rent Specials
$1,395 - $1,545
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,095 - $1,545
Total Monthly Price
$1,095 - $1,545
Chelsea Park
4200 45th Ave NMinneapolis, MN 55422
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.
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$1,395 - $1,676
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$916 - $2,445
Total Monthly Price
$916 - $2,445
Chateau Student Housing Cooperative
425 13th Ave SEMinneapolis, MN 55414
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$1,395 - $1,529
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,055 - $1,465
Required Monthly Fees
$64
Total Monthly Price
$1,119 - $1,529
Windsor Gates
6200 78th Ave NMinneapolis, MN 55443
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$1,395
Total Monthly Price
2 Bedroom Apartments Available Mar 4, 2026Total Monthly Price
Base Rent
$1,170 - $1,395
Required Monthly Fees
$61
Total Monthly Price
$1,231 - $1,456
The Birchway Apartments
5716 Winnetka Ave NMinneapolis, MN 55428
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$1,395 - $1,455
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available Feb 16, 2026Total Monthly Price
Base Rent
$1,050 - $1,395
Required Monthly Fees
$60
Total Monthly Price
$1,110 - $1,455
Diamond Pointe Apartments
6106-6116 Lyndale Ave SMinneapolis, MN 55419
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$1,395
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available Feb 1, 20262100 Aldrich
2100 Aldrich Ave SMinneapolis, MN 55405
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$1,395
Plus Fees
2 Bedroom Apartments Available Now1st Avenue Flats
1821 1st Ave SMinneapolis, MN 55403
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$1,395
Plus Fees
2 Bedroom Apartments Available Now2007 Aldrich Ave S
2007 Aldrich Ave SMinneapolis, MN 55405
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$1,395
Plus Fees
2 Bedroom Apartments Available Now2007 Aldrich Ave S
2007 Aldrich Ave SMinneapolis, MN 55405
2212 6th St NE
MinneapolisMN55418
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$1,395
Plus Fees
2 Bedroom Apartments Available Now2007 Aldrich Ave S
2007 Aldrich Ave SMinneapolis, MN 55405
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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$1,399
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 Contact Us For AvailabilityHumboldt Terrace
2725 Humboldt Ave SMinneapolis, MN 55408
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$1,400
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,400
Total Monthly Price
$1,400
3739 Fremont Ave N, Unit 1
3739 Fremont Ave NMinneapolis, MN 55412
509 6th St SE
MinneapolisMN55414
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$1,412
Plus Fees
2 Bedroom Apartments Available NowThe Buckingham / The Commodore / The Parkway Apartments
1500 LaSalle AveMinneapolis, MN 55403
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Rent Specials
$1,423
Total Monthly Price
2 Bedroom Apartments Available Mar 10, 2026Total Monthly Price
Base Rent
$1,253 - $1,423
Required Monthly Fees
$4
Total Monthly Price
$1,257 - $1,427
City Place Lofts
730 Hennepin AveMinneapolis, MN 55403
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Rent Specials
$1,434
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,187 - $1,434
Required Monthly Fees
$4
Total Monthly Price
$1,191 - $1,438
The Theodore Apartments 55+
2840 N Wayzata BlvdMinneapolis, MN 55405
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Rent Specials
$1,439 - $1,607
Plus Fees
2 Bedroom Apartments Available NowLux Apartments
6100 Summit Dr NMinneapolis, MN 55430
3103 Dupont Ave S
MinneapolisMN55408
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$1,445
Plus Fees
2 Bedroom Apartments Available Now1818 La Salle Ave
1818 La Salle AveMinneapolis, MN 55403
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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$1,449
Plus Fees12 Month Lease Term
2 Bedroom Apartments Contact Us For Availability732 Polk St NE
732 Polk St NEMinneapolis, MN 55413
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$1,450 - $2,025
Total Monthly Price
2 Bedroom Apartments Available Dec 31Total Monthly Price
Base Rent
$1,205 - $2,025
Total Monthly Price
$1,205 - $2,025
2920 Dean Parkway Apartments
2920 Dean PkyMinneapolis, MN 55416
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$1,450 - $1,500
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowMinnehaha 94
1901 Minnehaha AveMinneapolis, MN 55404
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$1,450
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Feb 1, 2026Total Monthly Price
Base Rent
$1,450
Total Monthly Price
$1,450
605 4th St NE, Unit 2
605 4th St NEMinneapolis, MN 55413
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$1,450
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowNorth Creek
560 Humboldt Ave NMinneapolis, 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
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Rent Specials
$1,458
Plus Fees12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityHook and Ladder Apartments
640 24th Ave NEMinneapolis, MN 55418
2318 Jefferson St NE
MinneapolisMN55418
4215-4215 Cedar Ave S
MinneapolisMN55407
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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$1,459
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available Jan 15, 2026Bottineau on the River
2219 Marshall St NEMinneapolis, MN 55418
1811 E 28th St
MinneapolisMN55407
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$1,479 - $1,900
Plus Fees
2 Bedroom Apartments Available NowGateway Northeast
20 Lowry Ave NEMinneapolis, MN 55418
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$1,495 - $1,645
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,495 - $2,100
Required Monthly Fees
$150
Total Monthly Price
$1,645 - $2,250
2209 Pleasant, Llc
2209 Pleasant AveMinneapolis, MN 55404
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$1,495 - $1,650
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,495
Required Monthly Fees
$155
Total Monthly Price
$1,650
Creek Terrace
616 W 53rd StMinneapolis, MN 55419
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$1,495
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,495
Total Monthly Price
$1,495
3528 Bloomington Ave, Unit 6
3528 Bloomington AveMinneapolis, MN 55407
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$1,500
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,500
Total Monthly Price
$1,500
621 Morgan Ave N, Unit 1
621 Morgan Ave NMinneapolis, MN 55411
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$1,500
Plus Fees1 Month Lease Term
2 Bedroom Apartments Available NowRunnstone Senior Living
1509 10th Ave SMinneapolis, MN 55404
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$1,500 - $1,675
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowRiverside Homes
617 19th AveMinneapolis, MN 55454
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 | $1,303 | $640 | $5,541 |
| Minneapolis 1 Bedroom Apartments | $1,542 | $500 | $5,800 |
| Minneapolis 2 Bedroom Apartments | $2,155 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,413 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,211 | $479 | $7,953 |
| Minneapolis 5 Bedroom Apartments | $3,443 | $2,450 | $3,895 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Explore Minneapolis
Let everyone know!
Do you know the Minneapolis area?
If you’re an expert on all things Minneapolis, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $717.
What is the price of a cheap apartment in Minneapolis?
The cheapest apartment in Minneapolis is Yugo Minneapolis Sydney Hall which is listed at $489, while the average apartment in Minneapolis costs $2,734.
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 16,043 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 $433 which is $2,301 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
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.