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


Pine Tree Housing Corp.

Canal Apartments

Highland Lakeview Apartments

McCarthy 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

The Villas at Vista North

Parkview Housing

Meadows Edge Apartments

River Hills Apartments

Pelican Heights Apartments

Total Monthly Price
Cedar Pointe Estates Apartments
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.

Regency Park North

Timber Ridge Apartments

Total Monthly Price
Regency Park South

Gatewood Park

Presidential Estates/ Justice Apartments

1418 Irvine Ave NW, Unit C

210 North St E
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.

32893 Woodland Park Rd, Unit 8

207 25th St NW

4945 Jackpine Rd NW

608 Pleasant Ave S

136 Robertson Dr NW

Park Rapids Apartments

Condor Apartments - Section 8 community
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

Sebeka Housing

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 | $917 | $800 | $1,050 |
| Pennington 1 Bedroom Apartments | $1,196 | $580 | $1,850 |
Pennington 2 Bedroom Apartments | $1,509 | $694 | $2,500 |
| Pennington 3 Bedroom Apartments | $1,294 | $1,100 | $1,375 |
| Pennington 4 Bedroom Apartments | $1,400 | $1,400 | $1,400 |
Browse Top Apartments in Pennington
See all Apartments in PenningtonExplore Pennington
Pennington, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Largest Available Pennington and Nearby 2 Bedroom Apartments
The largest available 2 Bedroom apartment unit in Pennington, MN is found at Itasca Apartments and is 980 square feet . Presidential Estates/ Justice Apartments has the second largest 2 Bedroom, which is sized at 832 square feet and currently listed start at $1,000. Here is today’s list of the largest available 2 Bedroom units in Pennington:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| 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 Pointe Estates Apartments | 2 Bedroom / 1 Bathroom Std | 820 Sq Ft | $1,045 |
| 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 June 22, 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 $1,509. 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 |
| Cedar Pointe Estates Apartments | 2 Bedroom / 1 Bathroom Std | $1,045 |
| 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.
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!
Explore Pennington, MN Rentals by Map
See the most popular apartments and homes in Pennington, MN
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 $1,509.
What is the largest available 2 Bedroom Pennington Apartment for rent?
Today's apartment with the most square footage in Pennington is a 980 square feet unit at Itasca Apartments.
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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.