
2 Bedroom Apartments for Rent in Pennington, MN (26 Rentals)


Canal Apartments

Highland Lakeview Apartments Available for Rent

Total Monthly Price
Cedar Pointe Estates Apartments

Cedar Street Complex

Sunridge Apartments
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

112 SW 21st St

Itasca Apartments

McCarthy Apartments

Meadows Edge Apartments

River Hills Apartments

Parkview Housing
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.

Pelican Heights Apartments

The Villas at Vista North

Regency Park North

Timber Ridge Apartments

Total Monthly Price
Regency Park South

Presidential Estates/ Justice Apartments
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.

1054 Emma Lou Ln NW

1 N Maddy St

1013 Two Rivers St

Park Rapids Apartments

Condor Apartments - Section 8 community

Sebeka Housing
Renting Smart: Lease Basics Every Renter Needs
Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

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 | $962 | $800 | $1,050 |
| Pennington 1 Bedroom Apartments | $1,194 | $580 | $1,895 |
Pennington 2 Bedroom Apartments | $1,570 | $694 | $2,500 |
| Pennington 3 Bedroom Apartments | $1,280 | $1,100 | $1,375 |
| Pennington 4 Bedroom Apartments | $1,400 | $1,400 | $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 Regency Park South and is 1,050 square feet priced from $1,195. 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 |
|---|---|---|---|
| Regency Park South | 2B1BCB | 1,050 Sq Ft | $1,195 |
| Itasca Apartments | Income Based 2 Bedroom 1 Bath | 980 Sq Ft | Call for Rates |
| Presidential Estates/ Justice Apartments | Two bedroom/ One bathroom | 832 Sq Ft | $1,000 |
| Cedar Street Complex | 2 Bedroom | 788 Sq Ft | $1,226 |
| Pine Tree Housing Corp. | 2 Bed | 710 Sq Ft | $699 |
Cheapest Available Pennington and Nearby 2 Bedroom Apartments
As of May 08, 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 Two bedroom/ One bathroom Model at Presidential Estates/ Justice Apartments starting at $1,000 . The average price for all 2 Bedroom apartments in Pennington is currently $1,570. 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 |
| Presidential Estates/ Justice Apartments | Two bedroom/ One bathroom | $1,000 |
| Regency Park South | 2B1BCB | $1,195 |
| Cedar Street Complex | 2 Bedroom | $1,226 |
Real 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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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 $1,570.
What is the largest available 2 Bedroom Pennington Apartment for rent?
Today's apartment with the most square footage in Pennington is a 1,050 square feet unit starting from $1,195 at Regency Park South.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.