25 Cheapest States To Rent a 2-Bedroom Home in 2024

Often, many may think it costs less money to rent a one-bedroom home over a two-bedroom home. The reality, however, is a two-bedroom home is often much more affordable depending on your state of residence. 

To determine the average rental cost of a two-bedroom apartment in every state, GOBankingRates sourced the average rental cost for December 2022, November 2023 and December 2023 as sourced from ApartmentList.com. From there, GOBankingRates calculated the month-over-month change in price and percent along with the year-over-year change in price and percent. States excluded from the final list include Maine, Vermont and Alaska, which did not have reliable rental data.

Keep reading to find out which states are the cheapest for renting a two-bedroom home.

• December 2022 average rent: $955
• November 2023 average rent: $943
• December 2023 average rent: $939
• One month change ($): $(4)
• One month change (%): -0.43%
• One year change ($): $(16)
• One year change (%): -1.70%

• December 2022 average rent: $870
• November 2023 average rent: $891
• December 2023 average rent: $885
• One month change ($): $(6)
• One month change (%): -0.68%
• One year change ($): $15
• One year change (%): 1.69%

• December 2022 average rent: $1,298
• November 2023 average rent: $1,262
• December 2023 average rent: $1,250
• One month change ($): $(12)
• One month change (%): -0.96%
• One year change ($): $(48)
• One year change (%): -3.84%

• December 2022 average rent: $1,052
• November 2023 average rent: $1,025
• December 2023 average rent: $1,019
• One month change ($): $(6)
• One month change (%): -0.59%
• One year change ($): $(33)
• One year change (%): -3.24%

• December 2022 average rent: $1,068
• November 2023 average rent: $1,095
• December 2023 average rent: $1,096
• One month change ($): $1
• One month change (%): 0.09%
• One year change ($): $28
• One year change (%): 2.55%

• December 2022 average rent: $994
• November 2023 average rent: $1,021
• December 2023 average rent: $1,011
• One month change ($): $(10)
• One month change (%): -0.99%
• One year change ($): $17
• One year change (%): 1.68%

• December 2022 average rent: $981
• November 2023 average rent: $1,029
• December 2023 average rent: $1,016
• One month change ($): $(13)
• One month change (%): -1.28%
• One year change ($): $35
• One year change (%): 3.44%

• December 2022 average rent: $962
• November 2023 average rent: $1,004
• December 2023 average rent: $997
• One month change ($): $(7)
• One month change (%): -0.70%
• One year change ($): $35
• One year change (%): 3.51%

• December 2022 average rent: $1,037
• November 2023 average rent: $1,054
• December 2023 average rent: $1,046
• One month change ($): $(8)
• One month change (%): -0.76%
• One year change ($): $9
• One year change (%): 0.86%

• December 2022 average rent: $1,107
• November 2023 average rent: $1,139
• December 2023 average rent: $1,130
• One month change ($): $(9)
• One month change (%): -0.80%
• One year change ($): $23
• One year change (%): 2.04%

• December 2022 average rent: $947
• November 2023 average rent: $977
• December 2023 average rent: $967
• One month change ($): $(10)
• One month change (%): -1.03%
• One year change ($): $20
• One year change (%): 2.07%

• December 2022 average rent: $1,069
• November 2023 average rent: $1,078
• December 2023 average rent: $1,076
• One month change ($): $(2)
• One month change (%): -0.19%
• One year change ($): $7
• One year change (%): 0.65%

• December 2022 average rent: $1,049
• November 2023 average rent: $1,079
• December 2023 average rent: $1,071
• One month change ($): $(8)
• One month change (%): -0.75%
• One year change ($): $22
• One year change (%): 2.05%

• December 2022 average rent: $1,088
• November 2023 average rent: $1,127
• December 2023 average rent: $1,116
• One month change ($): $(11)
• One month change (%): -0.99%
• One year change ($): $28
• One year change (%): 2.51%

• December 2022 average rent: $1,037
• November 2023 average rent: $1,048
• December 2023 average rent: $1,036
• One month change ($): $(12)
• One month change (%): -1.16%
• One year change ($): $(1)
• One year change (%): -0.10%

• December 2022 average rent: $1,182
• November 2023 average rent: $1,166
• December 2023 average rent: $1,155
• One month change ($): $(11)
• One month change (%): -0.95%
• One year change ($): $(27)
• One year change (%): -2.34%

• December 2022 average rent: $974
• November 2023 average rent: $1,067
• December 2023 average rent: $1,076
• One month change ($): $9
• One month change (%): 0.84%
• One year change ($): $102
• One year change (%): 9.48%

• December 2022 average rent: $1,064
• November 2023 average rent: $1,082
• December 2023 average rent: $1,078
• One month change ($): $(4)
• One month change (%): -0.37%
• One year change ($): $14
• One year change (%): 1.30%

• December 2022 average rent: $945
• November 2023 average rent: $964
• December 2023 average rent: $965
• One month change ($): $1
• One month change (%): 0.10%
• One year change ($): $20
• One year change (%): 2.07%

• December 2022 average rent: $1,181
• November 2023 average rent: $1,194
• December 2023 average rent: $1,184
• One month change ($): $(10)
• One month change (%): -0.84%
• One year change ($): $3
• One year change (%): 0.25%

• December 2022 average rent: $935
• November 2023 average rent: $917
• December 2023 average rent: $903
• One month change ($): $(14)
• One month change (%): -1.55%
• One year change ($): $(32)
• One year change (%): -3.54%

• December 2022 average rent: $1,124
• November 2023 average rent: $1,110
• December 2023 average rent: $1,101
• One month change ($): $(9)
• One month change (%): -0.82%
• One year change ($): $(23)
• One year change (%): -2.09%

• December 2022 average rent: $849
• November 2023 average rent: $899
• December 2023 average rent: $894
• One month change ($): $(5)
• One month change (%): -0.56%
• One year change ($): $45
• One year change (%): 5.03%

• December 2022 average rent: $1,133
• November 2023 average rent: $1,180
• December 2023 average rent: $1,178
• One month change ($): $(2)
• One month change (%): -0.17%
• One year change ($): $45
• One year change (%): 3.82%

• December 2022 average rent: $984
• November 2023 average rent: $1,042
• December 2023 average rent: $1,034
• One month change ($): $(8)
• One month change (%): -0.77%
• One year change ($): $50
• One year change (%): 4.84%

Methodology: For this study, GOBankingRates analyzed data from ApartmentList.com to find the average rental cost for a two-bedroom apartment in every state. Using the average rental cost for December 2022, November 2023, and December 2023, as sourced from ApartmentList.com, GOBankingRates calculated the month over month change in price and percent, as well as the year over year change in price and percent. Maine, Vermont and Alaska did not have reliable rental data and are excluded from this list. All data was collected and is up to date as of Feb. 21, 2024.