
2 Bedroom Apartments for Rent in Pennington, MN (31 Rentals)


Canal Apartments

Park Rapids Apartments

Sebeka Housing

Pelican Heights Apartments

Cedar Pointe Estates Apartments

Cedar Street Complex
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River Hills Apartments

Gatewood Park

McCarthy Apartments

Meadows Edge Apartments

Parkview Housing

Regency Park North

Sunridge Apartments
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The Villas at Vista North

Itasca Apartments

Timber Ridge Apartments

Presidential Estates/ Justice Apartments

Total Monthly Price
16616 Irvine Ave NW, Unit Unit B

2316 Calihan Ave NE

2305 Ash Ave Nw, Unit 2305B
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716 Park Ave N

112 NE 5th Ave

517 Wood Ave SE

1003 Two Rivers St

513 26th St NW

109 Sadie St

716 Park Ave N
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Condor Apartments - Section 8 community

JP Place

Silver Birch
Pennington, MN Local Guide

How much does it cost to rent an apartment in Pennington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pennington Studio Apartments | $1,101 | $800 | $1,850 |
| Pennington 1 Bedroom Apartments | $848 | $580 | $1,145 |
Pennington 2 Bedroom Apartments | $1,111 | $694 | $1,475 |
| Pennington 3 Bedroom Apartments | $1,219 | $1,006 | $1,337 |
| Pennington 4 Bedroom Apartments | $1,296 | $1,193 | $1,400 |
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Pennington, MN Local Guide
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Largest Available Pennington and Nearby 2 Bedroom Apartments
The largest available 2 Bedroom apartment unit in Pennington, MN is found at JP Place and is 1,036 square feet priced from $1,400. Itasca Apartments has the second largest 2 Bedroom, which is sized at 980 square feet and currently listed start at $1. Here is today’s list of the largest available 2 Bedroom units in Pennington:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| JP Place | Otter | 1,036 Sq Ft | $1,400 |
| Itasca Apartments | Income Based 2 Bedroom 1 Bath | 980 Sq Ft | Call for Rates |
| The Villas at Vista North | Two Bedroom Standard | 971 Sq Ft | $1,385 |
| Presidential Estates/ Justice Apartments | Two bedroom/ One bathroom | 832 Sq Ft | $1,000 |
| Timber Ridge Apartments | 2 Bedroom, 1 Bathroom | 820 Sq Ft | $1,085 |
| Cedar Pointe Estates Apartments | 2 Bedroom / 1 Bathroom Std | 820 Sq Ft | $1,045 |
| Cedar Street Complex | 2 Bedroom | 788 Sq Ft | $1,226 |
| Sebeka Housing | Riverview 2 Bedroom | 775 Sq Ft | $960 |
| Pine Tree Housing Corp. | 2 Bed | 710 Sq Ft | $699 |
Cheapest Available Pennington and Nearby 2 Bedroom Apartments
As of January 23, 2026 the lowest priced 2 Bedroom apartment unit in Pennington, MN is the 2 Bed Model starting from $694 at Pine Tree Housing Corp. . The second most affordable Pennington 2 Bedroom is the Riverview 2 Bedroom Model at Sebeka Housing starting at $960 . The average price for all 2 Bedroom apartments in Pennington is currently $1,111. Here is today’s list of the cheapest available 2 Bedroom options in Pennington:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Pine Tree Housing Corp. | 2 Bed | $694 |
| Sebeka Housing | Riverview 2 Bedroom | $960 |
| Presidential Estates/ Justice Apartments | Two bedroom/ One bathroom | $1,000 |
| Cedar Pointe Estates Apartments | 2 Bedroom / 1 Bathroom Std | $1,045 |
| Timber Ridge Apartments | 2 Bedroom, 1 Bathroom | $1,085 |
| Cedar Street Complex | 2 Bedroom | $1,226 |
| The Villas at Vista North | Two Bedroom Standard | $1,385 |
| JP Place | Otter | $1,400 |
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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!
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Frequently Asked Questions about 2 Bedroom Pennington Apartments
What is the Cheapest apartment in Pennington with 2 Bedroom?
Currently the most affordable 2 Bedroom in Pennington is at Pine Tree Housing Corp. listed at $694.
How much is the average rent for a 2 Bedroom Pennington Apartment?
The average rent for a 2 Bedroom Apartment in Pennington is $1,111.
What is the largest available 2 Bedroom Pennington Apartment for rent?
Today's apartment with the most square footage in Pennington is a 1,036 square feet unit starting from $1,400 at JP Place.
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.
Articles, How-To's, and Tips

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.