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$995 - $1,500
Plus Fees
2 Bedroom Apartments Available NowStevens Community Apartments
128 E 18th StMinneapolis, MN 55403
Cheap 2 Bedroom Apartments for Rent in the Downtown Minneapolis Neighborhood of Minneapolis, MN from $995 (37 Rentals)
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$1,050 - $1,200
Plus Fees12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityThe Remington Campus Apartments
708 5th St SEMinneapolis, MN 55414
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$1,110 - $1,385
Plus Fees
2 Bedroom Apartments Available NowGrove 94
215 Oak Grove StMinneapolis, MN 55403
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$1,150 - $1,280
Plus Fees12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilitySt. Anthony Village
320 7th St SEMinneapolis, MN 55414
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$1,250 - $1,350
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowSela Campus University Apartments
701 University Ave SEMinneapolis, MN 55414
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Rent Specials
$1,295 - $1,575
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowAbbott Apartments
110 18th St EMinneapolis, MN 55403
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$1,299
Plus Fees
2 Bedroom Apartments Available Now1400-1408 Spruce Pl – Oak Grove Downtown
1400-1408 Spruce PlMinneapolis, MN 55403
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$1,388
Plus Fees
2 Bedroom Apartments Available Dec 19The Buckingham / The Commodore / The Parkway Apartments
1500 LaSalle AveMinneapolis, MN 55403
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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Rent Specials
$1,423
Total Monthly Price
2 Bedroom Apartments Available Feb 1, 2026Total Monthly Price
Base Rent
$1,194 - $1,423
Required Monthly Fees
$4
Total Monthly Price
$1,198 - $1,427
City Place Lofts
730 Hennepin AveMinneapolis, MN 55403
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$1,455
Total Monthly Price1 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$990 - $1,455
Total Monthly Price
$990 - $1,455
Drexel Apartments
1009 Park AveMinneapolis, MN 55404
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$1,495 - $1,595
Plus Fees
2 Bedroom Apartments Available Dec 19416 Flats
416 10th Ave NMinneapolis, MN 55401
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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 Fees1 Month Lease Term
2 Bedroom Apartments Available NowRunnstone Senior Living
1509 10th Ave SMinneapolis, 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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$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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$1,595 - $1,700
Plus Fees
2 Bedroom Apartments Available NowSt Anthony Place
215 NE 5th St NEMinneapolis, MN 55413
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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
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Rent Specials
$1,616 - $2,676
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,287 - $2,496
Required Monthly Fees
$180
Total Monthly Price
$1,467 - $2,676
Hencen
455 Central Ave SEMinneapolis, MN 55414
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Rent Specials
$1,625 - $1,668
Plus Fees
2 Bedroom Apartments Available NowNico East
1725 Nicollet AveMinneapolis, MN 55403
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Rent Specials
$1,695 - $1,847
Plus Fees
2 Bedroom Apartments Available Now1500 Nicollet
1500 Nicollet Ave SMinneapolis, MN 55403
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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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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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Showing Results 1-37, Page 1 of 1
Downtown Minneapolis, 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 Downtown Minneapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Minneapolis Studio Apartments | $1,292 | $632 | $2,599 |
| Downtown Minneapolis 1 Bedroom Apartments | $1,703 | $758 | $5,800 |
Downtown Minneapolis 2 Bedroom Apartments | $2,661 | $995 | $10,000+ |
| Downtown Minneapolis 3 Bedroom Apartments | $4,914 | $1,800 | $10,000+ |
| Downtown Minneapolis 4 Bedroom Apartments | $4,581 | $3,822 | $5,341 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Explore Minneapolis
Downtown Minneapolis, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleEnjoy 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 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.
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Do you know the Downtown Minneapolis area?
If you’re an expert on all things Downtown Minneapolis, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleDowntown Minneapolis, Minneapolis, MN
Ranked #14
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Minneapolis Apartments
What is a cheap apartment in Downtown Minneapolis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Minneapolis is under $723.
What is the price of a cheap apartment in Downtown Minneapolis?
The cheapest apartment in Downtown Minneapolis is Holmes Park Village which is listed at $723, while the average apartment in Downtown Minneapolis costs $4,581.
What types of apartments are the cheapest in Downtown 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 123 regular apartments in Downtown 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 Downtown Minneapolis?
Cheap apartments in Downtown Minneapolis have an average cost of $210 which is $4,371 cheaper than the average rent for all rentals in Downtown Minneapolis.
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.
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!