
Cheap 2 Bedroom Apartments for Rent in Minneapolis, MN from $519 (646 Rentals)


Knox and Lagoon Apartments

The Remington Campus Apartments

Copenhagen Enterprises

Blaisdell Manor

St. Anthony Village

Krystal Kourts

5747 Glenwood Ave, Unit 10

Point 47 Apartments

2306 glenwood ave #2, minneapolis,mn55405, Unit #2
Minneapolis's Best Affordable Neighborhoods
Learn about Minneapolis, MN and the best places to live with original content written by our Minneapolis Local Expert Stephanie Lica

Autumn Ridge Apartments

Ellis and Louise Apartments

4333 Fremont Ave N

Carrington Drive Apartments

2324 Bryant Ave S

Pleasant Ave Apartments

Quarry Place

Stadium Village Apartments

3105 16th Ave S, Unit Three

3505 18th Ave S

Dupont Avenue Apartments 3040

Xerxes Apartments

825 Russell Ave N

First Place Apartments

Colfax Terrace

East River Plaza

2315-2321 Dupont Ave S

3718 Oakland Ave S

214 N Morgan Ave

Sabathani Senior Housing

1609 4th St NE, Unit 3

Park Plaza

Courtyard

Seven Corners

City Limits Apartments

4210 Nicollet Ave

4721 Lyndale Ave S

3548 Grand Ave S

4721 Lyndale Ave S, Unit 2

3219 N 3rd St

The Denn of Dinkytown

Greenway Apartments

3246 Douglas Dr N

1115 N 33rd Ave

Lake Harriet Commons

The Birchway Apartments

Updated Boutique 28 Unit Building on Emerson
Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Minneapolis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Minneapolis Studio Apartments | $1,378 | $640 | $6,128 |
Minneapolis 1 Bedroom Apartments | $1,659 | $789 | $10,000+ |
Minneapolis 2 Bedroom Apartments | $2,328 | $519 | $10,000+ |
Minneapolis 3 Bedroom Apartments | $2,582 | $495 | $10,000+ |
Minneapolis 4 Bedroom Apartments | $2,270 | $495 | $5,341 |
Minneapolis 5 Bedroom Apartments | $3,395 | $2,295 | $4,050 |
Explore Minneapolis
Minneapolis, MN Local Guide
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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.
Getting Around Minneapolis, MN
Walk Score®
75 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
83 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
52 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Minneapolis, MN Area Reviews
Stephanie • 4+ years in Minneapolis
February 25, 2025A dream city for outdoorsy types who crave an urban experience...there's nothing like a day at the lakes or hitting up the Grand Rounds. Add amazing theater (like the Guthre) and restaurants and you have the perfect urban (but not too urban) lifestyle. The cost of living is going up but still pretty reasonable compared to most cities of a similar size and with similar cultural opportunities.
Frequently Asked Questions about Cheap Minneapolis Apartments
What is a cheap apartment in Minneapolis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Minneapolis is under $734.
What is the price of a cheap apartment in Minneapolis?
The cheapest apartment in Minneapolis is Holmes Park Village which is listed at $723, while the average apartment in Minneapolis costs $2,948.
What types of apartments are the cheapest in Minneapolis?
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 13,701 regular apartments in Minneapolis 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 Minneapolis?
Cheap apartments in Minneapolis have an average cost of $464 which is $2,484 cheaper than the average rent for all rentals in Minneapolis.
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.

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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.