Cheap 2 Bedroom Apartments for Rent in Minneapolis, MN from $479 (676 Rentals) Page 2 of 14

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Colfax Terrace
Rent Specials
$1,315 - $1,360
Total Monthly Price

Total Monthly Price

Base Rent
$845 - $1,345
Required Monthly Fees
$15

Total Monthly Price
$860 - $1,360
2 Bedroom Apartments Available Now

Colfax Terrace

3433-3435 Colfax Ave SMinneapolis, MN 55408
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Bryant Manor Apartments
Rent Specials
$1,315 - $1,420
Total Monthly Price

Total Monthly Price

Base Rent
$1,015 - $1,415
Required Monthly Fees
$5

Total Monthly Price
$1,020 - $1,420
2 Bedroom Apartments Available Now

Bryant Manor Apartments

3532 Bryant Ave SMinneapolis, MN 55408
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The Birchway Apartments
Rent Specials
$1,345
Total Monthly Price

Total Monthly Price

Base Rent
$1,185 - $1,395
Required Monthly Fees
$28

Total Monthly Price
$1,213 - $1,423
2 Bedroom Apartments Available Sep 23

The Birchway Apartments

5716 Winnetka Ave NMinneapolis, MN 55428
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Diamond Pointe Apartments
$1,350 - $1,410
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,095 - $1,350
Required Monthly Fees
$60

Total Monthly Price
$1,155 - $1,410
2 Bedroom Apartments Available Now

Diamond Pointe Apartments

6106-6116 Lyndale Ave SMinneapolis, MN 55419
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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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2416 25th Ave S, Unit 2
$1,350
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350
2 Bedroom Apartment Available Now

2416 25th Ave S, Unit 2

2416 25th Ave SMinneapolis, MN 55406
Cost Per Sq.Ft.
property at 7000 Sandell Ave

7000 Sandell Ave

MinneapolisMN55435

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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Uptown Lake Apartments
Rent Specials
$1,402 - $1,502
Total Monthly Price

Total Monthly Price

Base Rent
$1,022 - $2,524
Required Monthly Fees
$8

Total Monthly Price
$1,030 - $2,532
2 Bedroom Apartments Available Oct 5

Uptown Lake Apartments

1212 W Lake StMinneapolis, MN 55408
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1715 6th St NE, Unit #1
$1,415
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,415

Total Monthly Price
$1,415
2 Bedroom Apartment Available Now

1715 6th St NE, Unit #1

1715 6th St NEMinneapolis, MN 55413
Cost Per Sq.Ft.

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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3530 18th Avenue
$1,430
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,350
Required Monthly Fees
$80

Total Monthly Price
$1,430
2 Bedroom Apartments Available Oct 1

3530 18th Avenue

3530 18th Ave SMinneapolis, MN 55407
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2209 Pleasant, Llc
$1,495 - $1,645
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,495 - $2,100
Required Monthly Fees
$150

Total Monthly Price
$1,645 - $2,250
2 Bedroom Apartments Available Oct 1

2209 Pleasant, Llc

2209 Pleasant AveMinneapolis, MN 55404
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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

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Stephanie4+ 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.

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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.

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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.

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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.

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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.