Apartments for Rent in Minneapolis, MN Under $2,000 (1,982 Rentals)

13802 54th Avenue North, Unit 13802 54th Ave. North

2707 Delaware St SE, Unit 2707

2209 Pleasant, Llc

1611 Grand St NE, Unit 2

Encore

724 Lofts

The Penhurst

The Copham

St Anthony Place

Risor of St. Louis Park - Active Adult 55+

Gaar Scott Historic Lofts

2404 Lyndale Ave S, Unit 1

2415 Harriet Ave., Unit #1

Northstar Dinkytown

Millennium at West End

Vesi

Sawyer Apartments

3400 University Ave

416 10th Ave

3400 Fremont Ave S, Unit lower

1222 Jefferson St NE, Unit 2

ElseWarehouse in the North Loop

The Miramar

The M on Hennepin

3535 Lyndale Ave S, Unit 1

Variant

New Boston Square

514 Franklin W Ave, Unit Franklin Avenue 2nd Floor

Grain Belt

Redmond Apartments

Fourth Street Co-op Apartments

2828 28th Ave S

Mount Royal Apartments

3205 Grand Ave S, Unit 3

The Station at Malcolm Yards

Borealis Apartments

Laguna Apartments

The Hall Lofts

NIC on 5th

1500 Nicollet

The Elysian

River Gates Apartments

Ironclad Residential

2315 Harriet Ave, Unit Lower Level Duplex Unit
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 | $1,368 | $640 | $8,705 |
Minneapolis 1 Bedroom Apartments Under $2000 | $1,653 | $500 | $7,683 |
Minneapolis 2 Bedroom Apartments Under $2000 | $2,281 | $479 | $10,000+ |
Minneapolis 3 Bedroom Apartments Under $2000 | $2,572 | $495 | $10,000+ |
Minneapolis 4 Bedroom Apartments Under $2000 | $2,640 | $495 | $10,000+ |
Minneapolis 5 Bedroom Apartments | $3,555 | $2,100 | $8,920 |
Browse Top Apartments in Minneapolis
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Minneapolis, MN Local Guide
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Quick 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.
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
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 914 Studio Apartments in Minneapolis with rent ranges from $640 to $8,705 with an average price of $1,368.
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 $7,683 with an average monthly rent of $1,653.
What does renting a Two Bedroom Apartment in Minneapolis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Minneapolis range from $479 to $15,685. Today's average rental price for Two Bedrooms here is $2,281.
How expensive are Minneapolis Three Bedroom Apartments?
There are currently 511 Three Bedroom Apartments listings available in Minneapolis on ApartmentHomeLiving.com. The pricing ranges from $495 to $11,894 - averaging $2,572 for the location.
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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.