
2 Bedroom Apartments for Rent in Pennington, MN (29 Rentals)


Canal Apartments

Sebeka Housing

Pelican Heights Apartments

Timber Ridge Apartments

McCarthy Apartments

Cedar Street Complex
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River Hills Apartments

Parkview Housing

Sunridge Apartments

The Villas at Vista North

Presidential Estates/ Justice Apartments

Meadows Edge Apartments

Itasca Apartments
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Park Rapids Apartments

Cedar Pointe Estates Apartments

Gatewood Park

Regency Park North

Total Monthly Price
1414 Beltrami Ave NW, Unit B

Total Monthly Price
1215 Golf Course Rd, Unit 2

75 Willow St SE
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711 12 St NW

1105 Roosevelt Rd SE

1003 Two Rivers St

109 Sadie St

513 26th St NW
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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 | $915 | $785 | $1,495 |
| Pennington 1 Bedroom Apartments | $811 | $580 | $1,005 |
Pennington 2 Bedroom Apartments | $1,082 | $694 | $1,385 |
| Pennington 3 Bedroom Apartments | $1,213 | $1,006 | $1,337 |
| Pennington 4 Bedroom Apartments | $1,246 | $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. Regency Park North has the second largest 2 Bedroom, which is sized at 997 square feet and currently listed start at $950. 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 |
| Regency Park North | 2B/1B C Floorplan | 997 Sq Ft | $950 |
| 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 | $1,075 |
| Cedar Pointe Estates Apartments | 2 Bedroom / 1 Bathroom Std | 820 Sq Ft | $1,045 |
| Timber Ridge Apartments | 2 Bedroom, 1 Bathroom | 820 Sq Ft | $1,065 |
| Sebeka Housing | Riverview 2 Bedroom | 775 Sq Ft | $960 |
| Parkview Housing | 2 Bedroom | 768 Sq Ft | $1,029 |
| Pine Tree Housing Corp. | 2 Bed | 710 Sq Ft | $699 |
Cheapest Available Pennington and Nearby 2 Bedroom Apartments
As of December 08, 2025 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 2B/1B C Floorplan Model at Regency Park North starting at $950 . The average price for all 2 Bedroom apartments in Pennington is currently $1,082. 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 |
| Regency Park North | 2B/1B C Floorplan | $950 |
| Sebeka Housing | Riverview 2 Bedroom | $960 |
| Parkview Housing | 2 Bedroom | $1,029 |
| Cedar Pointe Estates Apartments | 2 Bedroom / 1 Bathroom Std | $1,045 |
| Timber Ridge Apartments | 2 Bedroom, 1 Bathroom | $1,065 |
| Presidential Estates/ Justice Apartments | Two bedroom/ One bathroom | $1,075 |
| JP Place | Otter | $1,400 |
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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 $1,082.
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
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.

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.


