
Apartments for Rent in Minneapolis, MN Under $2,000 (2,114 Rentals)


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3251 Portland Ave, Unit Portland Hooze 2

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3912 Thomas Ave N, Unit The Thomas 2

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2415 Harriet Ave.

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3319 Colfax Ave S, Unit 1

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2717 Aldrich Ave N, Unit 2

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Borealis Apartments

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2141 Minneapolis Ave, Unit #2

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MPA / Marcy Park Apartments

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3020 On the Rail
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

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2444 Garfield Ave, Unit 2

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819 24th Ave NE, Unit 1

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The Grain Belt

Encore

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1800 Lake Apartments

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Windom Gables

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Maverick

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3823 Blaisdell Ave, Unit 2

O2

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4549 5th Ave S, Unit 4549 5th Ave S
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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The Eloise Apartments

Seven Corners

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Caraway West End

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1305 W 34th St

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1315 29th Ave NE, Unit #1

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Arcata Apartments

The Copham - Minneapolis North Loop

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1101 on Main Apartment Homes

The Elysian

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Eagle Crossing Luxury Apartments
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.

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3340 Bryant Ave S, Unit South Uptown

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3208 Blaisdell Ave, Unit 3

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17120 30th Ave N, Unit 2

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Ironclad Residential

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5530 Penn Ave S

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9th Street Flats

2nd Street Lofts

The Penhurst

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1411 26th Ave NE, Unit duplex 2nd floor

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The Archive
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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The M on Hennepin

Mill & Main

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3240 Pillsbury Ave S, Unit Lower

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Mount Royal Apartments

The Vicinity

St Anthony Place

Mill City Apartments

Forte on the Park

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Millennium at West End

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Rone
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Minneapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Minneapolis Studio Apartments Under $2000 | $1,326 | $595 | $2,584 |
| Minneapolis 1 Bedroom Apartments Under $2000 | $1,647 | $500 | $6,639 |
| Minneapolis 2 Bedroom Apartments Under $2000 | $2,204 | $280 | $10,000+ |
| Minneapolis 3 Bedroom Apartments Under $2000 | $2,580 | $739 | $10,000+ |
| Minneapolis 4 Bedroom Apartments Under $2000 | $2,449 | $649 | $7,558 |
| Minneapolis 5 Bedroom Apartments | $3,309 | $650 | $8,102 |
Browse Top Apartments in Minneapolis
See all Apartments in MinneapolisExplore Minneapolis
Minneapolis, MN Local Guide
- Minneapolis Neighborhoods
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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Minneapolis, MN Rentals by Map
See the most popular apartments and homes in Minneapolis, MN
Minneapolis, MN Area Reviews
Stephanie • 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 Minneapolis
How much are Studio apartments in Minneapolis?
There are currently 2,347 Studio Apartments in Minneapolis with rent ranges from $595 to $2,584 with an average price of $1,326.
What is the current price range for One Bedroom Minneapolis Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Minneapolis ranges from $500 to $6,639 with an average monthly rent of $1,647.
What does renting a Two Bedroom Apartment in Minneapolis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Minneapolis range from $280 to $15,685. Today's average rental price for Two Bedrooms here is $2,204.
How expensive are Minneapolis Three Bedroom Apartments?
There are currently 682 Three Bedroom Apartments listings available in Minneapolis on ApartmentHomeLiving.com. The pricing ranges from $739 to $10,995 - averaging $2,580 for the location.
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

Authentic Minneapolis: An Insider's 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.

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.

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.

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.
Articles, How-To's, and Tips

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.