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$1,525 - $1,625
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available Jul 4Thornton Place Apartments
810 SE Thornton StMinneapolis, MN 55414
Cheap 2 Bedroom Apartments for Rent in Minneapolis, MN from $469 (662 Rentals) Page 3 of 14
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$1,549 - $1,889
Plus Fees
2 Bedroom Apartments Available Jun 30Gateway Northeast
20 Lowry Ave NEMinneapolis, MN 55418
3141 Aldrich Ave S
MinneapolisMN55408
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$1,550
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,550
Total Monthly Price
$1,550
1201 57th Ave N, Unit 1, Unit 1
1201 57th Ave NMinneapolis, MN 55430
3107 Dupont Ave N
MinneapolisMN55411
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$1,551 - $2,876
Total Monthly Price
2 Bedroom Apartments Available Aug 1Total Monthly Price
Base Rent
$1,205 - $3,295
Required Monthly Fees
$156
Total Monthly Price
$1,361 - $3,451
Huck Apartments
402 2nd St NEMinneapolis, MN 55413
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$1,575
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available Jun 1Total Monthly Price
Base Rent
$1,225 - $1,575
Required Monthly Fees
Varies
Total Monthly Price
Varies
2800 Girard Apartments
2800 Girard Ave SMinneapolis, MN 55408
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$1,575 - $1,650
Plus Fees12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityBlue Goose Cooperative
1819 5th St SMinneapolis, MN 55454
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Rent Specials
$1,589 - $1,719
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available Aug 26Total Monthly Price
Base Rent
$1,299 - $2,800
Required Monthly Fees
Varies
Total Monthly Price
Varies
MPA / Marcy Park Apartments
1015 8th StMinneapolis, MN 55414
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Rent Specials
$1,595 - $1,858
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,145 - $1,850
Required Monthly Fees
$8
Total Monthly Price
$1,153 - $1,858
FIT
515 E Grant StMinneapolis, MN 55404
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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$1,595
Plus Fees
2 Bedroom Apartments Available Now1st Avenue Flats
1821 1st Ave SMinneapolis, MN 55403
3600 Pennsylvania Ave S
MinneapolisMN55426
4849 Vincent Ave S
MinneapolisMN55410
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$1,599
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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Rent Specials
$1,600 - $1,800
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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$1,600
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,600
Total Monthly Price
$1,600
4225 Emerson Ave N, Unit 4225 Emerson Ave. N, Unit 4225 Emerson Ave. N
4225 Emerson Ave NMinneapolis, MN 55412
77 Bedford St SE
MinneapolisMN55414
1432 Grand St NE
MinneapolisMN55413
1015 N Humboldt Ave
MinneapolisMN55411
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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2 Bedroom Apartments
East Phillips Commons
2909 Bloomington Ave SMinneapolis, MN 55407
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2 Bedroom Apartments
Holmes Park Village
320 2nd Ave SEMinneapolis, MN 55414
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2 Bedroom Apartments
Emerson
1600 N Emerson AveMinneapolis, MN 55411
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2 Bedroom Apartments
Wadaag Commons
1900 E 22nd StMinneapolis, MN 55404
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2 Bedroom Apartments
Peregrine
2035 W River RdMinneapolis, MN 55411
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2 Bedroom Apartments
3533 2nd Avenue
3533 2nd Ave SMinneapolis, MN 55408
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2 Bedroom Apartments
Brookside Manor
1301-1307 67th Ave NMinneapolis, MN 55430
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2 Bedroom Apartments
Anderson Plaza
1800 Hayes St NEMinneapolis, MN 55418
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2 Bedroom Apartments
1828 Park Ave
1828 Park AveMinneapolis, MN 55404
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2 Bedroom Apartments
2545-2549 Blaisdell Ave
2545-2549 Blaisdell AveMinneapolis, MN 55404
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2 Bedroom Apartments
1912 3rd Ave
1912 3rd Ave SMinneapolis, MN 55404
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2 Bedroom Apartments
3947 1st Ave S
3947 1st Ave SMinneapolis, MN 55409
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2 Bedroom Apartments
2637 Pleasant Ave S
2637 Pleasant Ave SMinneapolis, MN 55408
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2 Bedroom Apartments
Nicollet Towers
1350 Nicollet MallMinneapolis, MN 55403
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2 Bedroom Apartments
The Hollywood
1816 Stevens AveMinneapolis, MN 55403
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2 Bedroom Apartments
New Hope Garden Apartments
5600 Xylon Ave NMinneapolis, MN 55428
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2 Bedroom Apartments
123 West 26th Street
123 W 26th StMinneapolis, MN 55404
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2 Bedroom Apartments
Stadium Place
1501 11th Ave SMinneapolis, MN 55404
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2 Bedroom Apartments
2101 3rd Ave
2101 3rd Ave SMinneapolis, MN 55404
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2 Bedroom Apartments
Longfellow Apartments
3750 Cedar Ave SMinneapolis, MN 55407
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2 Bedroom Apartments
Birchhill Apartments
3600 Fremont Ave NMinneapolis, MN 55412
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2 Bedroom Apartments
Ternary Flats
3605 13th Ave SMinneapolis, MN 55407
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2 Bedroom Apartments
2926 Harriet Ave S
2926 Harriet AveMinneapolis, MN 55408
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2 Bedroom Apartments
2014 3rd Ave
2014 3rd Ave SMinneapolis, MN 55404
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2 Bedroom Apartments
Eat Street Apartments
2530 Blaisdell AveMinneapolis, MN 55404
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2 Bedroom Apartments
Aldrich Avenue Apartments
2310 Aldrich Ave SMinneapolis, MN 55405
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2 Bedroom Apartments
Pillsbury Place
2017 Pillsbury Ave SMinneapolis, MN 55404
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2 Bedroom Apartments
Franklin Housing Co-op
2300 E Franklin AveMinneapolis, MN 55406
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2 Bedroom Apartments
Hennepin Apartments
3513-3515 Hennepin AveMinneapolis, MN 55408
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2 Bedroom Apartments
2421 Pillsbury Apartments
2421 Pillsbury Ave SMinneapolis, MN 55404
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 | $1,325 | $640 | $3,769 |
| Minneapolis 1 Bedroom Apartments | $1,636 | $500 | $7,259 |
| Minneapolis 2 Bedroom Apartments | $2,194 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,685 | $739 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $1,965 | $649 | $9,950 |
| Minneapolis 5 Bedroom Apartments | $4,220 | $2,200 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Explore Minneapolis
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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 $772.
What is the price of a cheap apartment in Minneapolis?
The cheapest apartment in Minneapolis is Bierman Place which is listed at $695, while the average apartment in Minneapolis costs $3,293.
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 12,191 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 $444 which is $2,849 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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.