
Apartments for Rent in Minneapolis, MN Under $2,300 (2,028 Rentals)


Phoenix North Loop

2701 DuPont Ave S, Unit 2

1035 12th Ave SE, Unit #1

1704 Tyler St NE, Unit #2

The Lakes Residences

Risor of St. Louis Park - Active Adult 55+

South Wirth Apartments

4242 S 15th Ave, Unit 1
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

2728 Humboldt

909 E River Pky, Unit 1

2707 Delaware St SE, Unit 2707

2600 Emerson Ave S

724 Lofts

St Anthony Place

The Hall Lofts

Gaar Scott Historic Lofts

333 8th St SE, Unit Apt 315
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.

Encore

3725 Stinson

Northstar Dinkytown

314 3rd Ave SE, Unit 2

2415 Harriet Ave., Unit #1

SECOND AND SECOND

Parkway Commons

Sawyer Apartments

3400 Fremont Ave S, Unit lower

3229 Fremont Ave S, Unit 2nd floor Duplex
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.

Fourth Street Co-op Apartments

ElseWarehouse in the North Loop

The Miramar

The M on Hennepin

3014 California St NE, Unit Two

4344 Columbus Ave, Unit FirstFloor

4141 4th Ave S, Unit 2
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

2243 Pierce St NE, Unit 1

3100 Elliot Ave, Unit 1

514 Franklin W Ave, Unit Franklin Avenue 2nd Floor

Millennium at West End

Redmond Apartments

3121 Emerson Ave S, Unit 1F

3007 Irving Ave S, Unit 3

2828 28th Ave S

Borealis Apartments

2nd Street Lofts

Rosa Apartments | MPLS

Laguna Apartments

The Eloise Apartments
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 $2300 | $1,358 | $640 | $8,647 |
Minneapolis 1 Bedroom Apartments Under $2300 | $1,641 | $500 | $10,000+ |
Minneapolis 2 Bedroom Apartments Under $2300 | $2,286 | $479 | $10,000+ |
Minneapolis 3 Bedroom Apartments Under $2300 | $2,585 | $495 | $10,000+ |
Minneapolis 4 Bedroom Apartments Under $2300 | $2,597 | $495 | $10,000+ |
Minneapolis 5 Bedroom Apartments | $3,611 | $2,195 | $10,000+ |
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 900 Studio Apartments in Minneapolis with rent ranges from $640 to $8,647 with an average price of $1,358.
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 $10,000 with an average monthly rent of $1,641.
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 $2,286.
How expensive are Minneapolis Three Bedroom Apartments?
There are currently 499 Three Bedroom Apartments listings available in Minneapolis on ApartmentHomeLiving.com. The pricing ranges from $495 to $10,297 - averaging $2,585 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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.