Cheap 2 Bedroom Apartments for Rent in the Downtown East Neighborhood of Minneapolis, MN from $519 (36 Rentals)

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Holmes Park Village
2 Bedroom Apartments

Holmes Park Village

320 2nd Ave SEMinneapolis, MN 55414
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1828 Park Ave
2 Bedroom Apartments

1828 Park Ave

1828 Park AveMinneapolis, MN 55404
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1912 3rd Ave
2 Bedroom Apartments

1912 3rd Ave

1912 3rd Ave SMinneapolis, MN 55404
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707 University
2 Bedroom Apartments

707 University

707 University Ave SEMinneapolis, MN 55414
Student Housing
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Franklin Housing Co-op
2 Bedroom Apartments

Franklin Housing Co-op

2300 E Franklin AveMinneapolis, MN 55406
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720 6th Ave SE
2 Bedroom Apartments

720 6th Ave SE

720 6th Ave SEMinneapolis, MN 55414
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Mallbrook
2 Bedroom Apartments

Mallbrook

1810 3rd Ave SMinneapolis, MN 55404
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409 7th St
2 Bedroom Apartments

409 7th St

409 7th StMinneapolis, MN 55414
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904-912
2 Bedroom Apartments

904-912

904 21st Ave SMinneapolis, MN 55404
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516 5th St SE
2 Bedroom Apartments

516 5th St SE

516 5th St SEMinneapolis, MN 55414
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621 5th Ave.
2 Bedroom Apartments

621 5th Ave.

621 5th Ave SEMinneapolis, MN 55414
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315 11th Ave SE
2 Bedroom Apartments

315 11th Ave SE

315 11th Ave SEMinneapolis, MN 55414
Student Housing
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Santiago Apartments
2 Bedroom Apartments

Santiago Apartments

516 University Ave SEMinneapolis, MN 55414
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310 8th St SE
2 Bedroom Apartments

310 8th St SE

310 8th St SEMinneapolis, MN 55414
Student Housing
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Hedberg Apartments
2 Bedroom Apartments

Hedberg Apartments

514 14th Ave SEMinneapolis, MN 55414
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East Town Apartments
2 Bedroom Apartments

East Town Apartments

618 S 9th StMinneapolis, MN 55404
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Dinkytown Apartments
2 Bedroom Apartments

Dinkytown Apartments

519 10th Ave SEMinneapolis, MN 55414
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The Wellstone
2 Bedroom Apartments

The Wellstone

620 E Franklin AveMinneapolis, MN 55404
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1004 7th St SE
2 Bedroom Apartments

1004 7th St SE

1004 7th St SEMinneapolis, MN 55414
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860 10th Ave SE
2 Bedroom Apartments

860 10th Ave SE

860 10th Ave SEMinneapolis, MN 55414
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817 12th Ave
2 Bedroom Apartments

817 12th Ave

817 12th Ave SEMinneapolis, MN 55414
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Downtown East, Minneapolis, MN Local Guide

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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.

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Frequently Asked Questions about Cheap Downtown East Apartments

What is a cheap apartment in Downtown East?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown East is under $890.

What is the price of a cheap apartment in Downtown East?

The cheapest apartment in Downtown East is Holmes Park Village which is listed at $723, while the average apartment in Downtown East costs $4,494.

What types of apartments are the cheapest in Downtown East?

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 96 regular apartments in Downtown East 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 Downtown East?

Cheap apartments in Downtown East have an average cost of $909 which is $3,585 cheaper than the average rent for all rentals in Downtown East.

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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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.

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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.

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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.

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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.