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$1,500
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Sep 1, 2026Total Monthly Price
Base Rent
$1,500
Total Monthly Price
$1,500
1709 Como Ave SE, Unit #1
1709 Como Ave SEMinneapolis, MN 55414
Cheap 2 Bedroom Apartments for Rent in Minneapolis, MN from $469 (694 Rentals) Page 3 of 14
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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
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$1,500
Plus Fees
2 Bedroom Apartments Contact Us For AvailabilityAllegro
4440 Beard Ave SMinneapolis, MN 55410
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Rent Specials
$1,520 - $1,820
Plus Fees
2 Bedroom Apartments Available NowMinneapolis Grand Apartments
2401 Chicago AveMinneapolis, MN 55404
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Rent Specials
$1,525 - $1,695
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,199 - $1,695
Required Monthly Fees
$44
Total Monthly Price
$1,243 - $1,739
Stone Arch I
601-701 Main St SEMinneapolis, MN 55414
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Rent Specials
$1,545
Total Monthly Price
2 Bedroom Apartments Available Feb 5, 2026Total Monthly Price
Base Rent
$995 - $1,850
Required Monthly Fees
$8
Total Monthly Price
$1,003 - $1,858
FIT
515 E Grant StMinneapolis, MN 55404
2309 Fillmore St NE
MinneapolisMN55418
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Rent Specials
$1,560 - $1,680
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available Jan 1, 2026Colony Apartment Homes
1740 1/2 W 76th StMinneapolis, MN 55423
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$1,575
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,195 - $1,495
Required Monthly Fees
$80
Total Monthly Price
$1,275 - $1,575
Fulton Terrace
2915 W 50th StMinneapolis, MN 55410
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$1,575 - $1,650
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowBlue Goose Cooperative
1819 5th St SMinneapolis, MN 55454
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Rent Specials
$1,578
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available Feb 1, 2026The Central
3503 2nd Ave SMinneapolis, MN 55408
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Rent Specials
$1,585 - $3,646
Plus Fees
2 Bedroom Apartments Available NowAxon Green
3140 Chowen Ave SMinneapolis, MN 55416
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$1,595 - $1,700
Plus Fees
2 Bedroom Apartments Available NowSt Anthony Place
215 NE 5th St NEMinneapolis, MN 55413
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$1,595 - $1,750
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,595
Required Monthly Fees
$155
Total Monthly Price
$1,750
809 Douglas Ave
809 Douglas AveMinneapolis, MN 55403
3101 NE Tyler St
MinneapolisMN55418
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Rent Specials
$1,599 - $1,699
Plus Fees
2 Bedroom Apartments Available NowDakar on Lake
1626 E Lake StMinneapolis, MN 55407
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$1,599
Plus Fees
2 Bedroom Apartments Available Dec 22Laurel and Olive
3136 Minnehaha AveMinneapolis, MN 55406
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Rent Specials
$1,600 - $1,700
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowEast Village
1423 S 11th AveMinneapolis, MN 55404
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$1,600
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowNew Boston Square
2015 Central Ave NEMinneapolis, MN 55418
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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.