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$907 - $1,695
Plus Fees1 Month Lease Term
2 Bedroom Apartments Available NowRose
1928 Portland AveMinneapolis, MN 55404
Cheap 2 Bedroom Apartments for Rent in the Downtown Neighborhood of Minneapolis, MN from $907 (57 Rentals)
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$995 - $1,500
Plus Fees
2 Bedroom Apartments Available NowStevens Community Apartments
128 E 18th StMinneapolis, MN 55403
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$1,075 - $1,300
Plus Fees12 Month Lease Term
2 Bedroom Apartments Contact Us For Availability409 University Ave SE
409 University Ave SEMinneapolis, MN 55414
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$1,115 - $1,450
Plus Fees
2 Bedroom Apartments Contact Us For AvailabilityGrove 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
1204 Harmon Pl
MinneapolisMN55403
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Rent Specials
$1,200 - $1,300
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$745 - $1,300
Total Monthly Price
$745 - $1,300
Remington Apartments
708 5th St SEMinneapolis, MN 55414
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$1,200
Plus Fees
2 Bedroom Apartments Available Sep 1317 6th Ave SE
317 6th Ave SEMinneapolis, MN 55414
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$1,299 - $1,314
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
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$845 - $1,299
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225–233 Oak Grove – Oak Grove Downtown
233 Oak Grove StMinneapolis, MN 55403
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$1,325 - $1,480
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
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$925 - $1,325
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242 West Franklin Ave
242 W Franklin AveMinneapolis, MN 55404
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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$1,359 - $1,582
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowMinnehaha 94
1901 Minnehaha AveMinneapolis, MN 55404
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$1,361
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowStradford Flats
16 E 15th StMinneapolis, MN 55403
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Rent Specials
$1,390 - $1,700
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowRiverside Homes
617 19th AveMinneapolis, MN 55454
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$1,400
Plus Fees
2 Bedroom Apartments Available NowThe Parkway Apartments
1501 Lasalle AveMinneapolis, MN 55403
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Rent Specials
$1,425 - $1,575
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowAbbott Apartments
110 18th St EMinneapolis, MN 55403
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$1,463
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowMany Rivers West
1400 E Franklin AveMinneapolis, MN 55404
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Rent Specials
$1,475
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowSt Anthony Mills Apartments
720 Washington Ave SMinneapolis, MN 55415
401 Ridgewood Ave
MinneapolisMN55403
1827 S 11th St
MinneapolisMN55404
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$1,500
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowThree-Thirty-Three Oak Grove
333 Oak Grove StMinneapolis, MN 55403
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.
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$1,500
Plus Fees1 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityRunnstone Senior Living
1509 10th Ave SMinneapolis, MN 55404
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Rent Specials
$1,537 - $1,574
Plus Fees
2 Bedroom Apartments Available Sep 15Rivergate Apartments
115 2nd Ave SMinneapolis, MN 55401
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Rent Specials
$1,595 - $1,858
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,195 - $1,850
Required Monthly Fees
$8
Total Monthly Price
$1,203 - $1,858
FIT
515 E Grant StMinneapolis, MN 55404
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$1,600 - $1,650
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,300 - $2,100
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$1,300 - $2,100
East Village
1423 S 11th AveMinneapolis, MN 55404
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$1,625 - $2,150
Plus Fees
2 Bedroom Apartments Contact Us For AvailabilityCreamette Historic Lofts
432 1st St NMinneapolis, MN 55401
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Rent Specials
$1,663 - $2,776
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,167 - $2,596
Required Monthly Fees
$180
Total Monthly Price
$1,347 - $2,776
Hencen
455 Central Ave SEMinneapolis, MN 55414
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$1,686 - $1,862
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
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$965 - $1,862
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Five15 on the Park
515 15th Ave SMinneapolis, MN 55454
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$1,695 - $2,057
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2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,695 - $2,729
Required Monthly Fees
$5
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$1,700 - $2,734
1500 Nicollet
1500 Nicollet Ave SMinneapolis, MN 55403
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$1,695 - $1,758
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available Sep 5Total Monthly Price
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$1,388 - $1,758
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Stone Arch I
601-701 Main St SEMinneapolis, MN 55414
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$1,709 - $2,329
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2 Bedroom Apartments Available Sep 1Total Monthly Price
Base Rent
$1,249 - $2,329
Total Monthly Price
$1,249 - $2,329
Arrive Loring Park
18 W 15th StMinneapolis, MN 55403
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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$1,727
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available Sep 5Total Monthly Price
Base Rent
$1,199 - $1,727
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Mill City Quarter
300 S 2nd StMinneapolis, MN 55401
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$1,767 - $1,839
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2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,253 - $2,202
Required Monthly Fees
$3
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$1,256 - $2,205
Eitel Apartments
1367 Willow StMinneapolis, MN 55403
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$1,800 - $2,150
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowThe Elysian
711 4th St SEMinneapolis, MN 55414
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2 Bedroom Apartments
Holmes Park Village
320 2nd Ave SEMinneapolis, MN 55414
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2 Bedroom Apartments
1828 Park Ave
1828 Park 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
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
Stadium Place
1501 11th Ave SMinneapolis, MN 55404
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2 Bedroom Apartments
800-UNIV
800 University Ave SEMinneapolis, MN 55414
Downtown - One of the Best Affordable Neighborhoods in Minneapolis
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!
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2 Bedroom Apartments
720 6th Ave SE
720 6th Ave SEMinneapolis, MN 55414
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2 Bedroom Apartments
319-8TH
319 8th St SEMinneapolis, MN 55414
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2 Bedroom Apartments
First Avenue Apartments
1905 1st Ave SMinneapolis, MN 55403
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2 Bedroom Apartments
Remmington Campus Apartments
414 SE 7th AveMinneapolis, MN 55414
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2 Bedroom Apartments
409 7th St
409 7th StMinneapolis, MN 55414
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2 Bedroom Apartments
Loring Park Apartments
303 15th St WMinneapolis, MN 55403
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2 Bedroom Apartments
Franklin Villa
305 W Franklin AveMinneapolis, MN 55404
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2 Bedroom Apartments
516 5th St SE
516 5th St SEMinneapolis, MN 55414
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2 Bedroom Apartments
The Wellstone
620 E Franklin AveMinneapolis, MN 55404
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2 Bedroom Apartments
310 8th St SE
310 8th St SEMinneapolis, MN 55414
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
Showing Results 1-50, Page 1 of 2
Downtown, 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?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Studio Apartments | $1,302 | $653 | $2,584 |
| Downtown 1 Bedroom Apartments | $1,746 | $782 | $6,639 |
Downtown 2 Bedroom Apartments | $2,680 | $907 | $9,028 |
| Downtown 3 Bedroom Apartments | $3,345 | $1,325 | $9,303 |
| Downtown 4 Bedroom Apartments | $2,876 | $2,000 | $5,341 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 57 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisExplore Minneapolis
Downtown, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
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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.
Read Article
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.
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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.
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Do you know the Downtown area?
If you’re an expert on all things Downtown, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleDowntown, Minneapolis, MN
Ranked #15
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Apartments
What is a cheap apartment in Downtown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown is under $796.
What is the price of a cheap apartment in Downtown?
The cheapest apartment in Downtown is Holmes Park Village which is listed at $723, while the average apartment in Downtown costs $1,783.
What types of apartments are the cheapest in Downtown?
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 157 regular apartments in Downtown 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?
Cheap apartments in Downtown have an average cost of $816 which is $967 cheaper than the average rent for all rentals in Downtown.
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.