Cheap Apartments for Rent in the Greater Near North Neighborhood of Minneapolis, MN from $600 (42 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Greater Near North area of Minneapolis.

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Aster Apartments
$840 - $1,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$790 - $950
Required Monthly Fees
$50

Total Monthly Price
$840 - $1,000
Studio to 1 Bedroom Apartments Available Now

Aster Apartments

1800 Fremont Ave NMinneapolis, MN 55411
Affordability
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The Redwell
Rent Specials
$995 - $1,234
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$995 - $1,234

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

The Redwell

1020 3rd St NMinneapolis, MN 55401
Affordability
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  • Low Income
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2408 Plymouth Ave N, Unit 3
$1,175
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175
1 Bedroom Apartment Available Now

2408 Plymouth Ave N, Unit 3

2408 Plymouth Ave NMinneapolis, MN 55411
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Variant
$1,181 - $11,885
Total Monthly Price

Total Monthly Price

Base Rent
$1,181 - $11,885

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Jun 24

Variant

315 N 7th AveMinneapolis, MN 55401
Senior Living
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  • Customer Reviewed
  • 3D Tour

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Satori Apartments
Rent Specials
$1,315 - $2,155
Total Monthly Price

Total Monthly Price

Base Rent
$1,310 - $2,150
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Satori Apartments

835 W Broadway AveMinneapolis, MN 55411
Family Friendly
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  • Customer Reviewed
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Viridium Apartments
Rent Specials
$1,332 - $1,752
Total Monthly Price

Total Monthly Price

Base Rent
$1,324 - $1,744
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Viridium Apartments

721 N Third StMinneapolis, MN 55401
Corporate Housing
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NoLo Living
$1,372 - $2,633
Total Monthly Price

Total Monthly Price

Base Rent
$1,340 - $2,601
Required Monthly Fees
$32

Total Monthly Price
$1,372 - $2,633
Studio to 2 Bedroom Apartments Available Now

NoLo Living

815 N 2nd StMinneapolis, MN 55401
Senior Living
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2924 Emerson Ave N
$1,400 - $1,500
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400 - $1,500

Total Monthly Price
$1,400 - $1,500
1 to 2 Bedroom Apartment Available Jul 1

2924 Emerson Ave N

2924 Emerson Ave NMinneapolis, MN 55411
Affordability
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Third North Apartments
$1,402 - $1,790
Total Monthly Price

Total Monthly Price

Base Rent
$1,394 - $1,782
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Third North Apartments

800 N 3rd StMinneapolis, MN 55401
Transit Friendly
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Junction Flats
$1,474 - $7,345
Total Monthly Price

Total Monthly Price

Base Rent
$1,474 - $7,345

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Junction Flats

643 N 5th StMinneapolis, MN 55401
Corporate Housing
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property at 1314 N Morgan Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Jul 15

1314 N Morgan Ave

MinneapolisMN55411

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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329 30th Ave N
$1,750 - $1,850
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,750 - $1,850

Total Monthly Price
$1,750 - $1,850
3 Bedroom Apartment Available Now

329 30th Ave N

329 30th Ave NMinneapolis, MN 55411
Cost Per Sq.Ft.
property at 2356 N Thomas Ave

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

3 Bedroom, 1 Bath Home for Rent

Available Jul 15

2356 N Thomas Ave

MinneapolisMN55411
property at 318 N 27th Ave

$1,800 - $2,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

3 To 4 Bedroom Rentals

Available Now

318 N 27th Ave

MinneapolisMN55411
property at 1510 N 22nd Ave

$1,875

Total Monthly Price

Total Monthly Price

Base Rent
$1,875

Total Monthly Price
$1,875

3 Bedroom, 1 Bath Home for Rent

Available Now

1510 N 22nd Ave

MinneapolisMN55411
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Peregrine
1 to 4 Bedroom Apartments

Peregrine

2035 W River RdMinneapolis, MN 55411
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Emerson
1 to 3 Bedroom Apartments

Emerson

1600 N Emerson AveMinneapolis, MN 55411

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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801 N 21St Ave
Studio to 1 Bedroom Apartments

801 N 21St Ave

801 N 21st AveMinneapolis, MN 55411
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Bell Lofts
1 to 3 Bedroom Apartments

Bell Lofts

816 N 21st AveMinneapolis, MN 55411
  • Utilities Included
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416 Lofts
Studio to 3 Bedroom Apartments

416 Lofts

416 10th Ave NMinneapolis, MN 55401
  • Utilities Included
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1615 26th Ave N
1 to 2 Bedroom Apartments

1615 26th Ave N

1615 26th Ave NMinneapolis, MN 55411
  • Utilities Included
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Broadway Flats
Studio to 2 Bedroom Apartments

Broadway Flats

2505 Penn Ave NMinneapolis, MN 55411
  • Utilities Included

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.

property at 2006 N Penn Ave

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275

Total Monthly Price
$1,275

2 Bedroom, 1 Bath Townhome for Rent

Available Now

2006 N Penn Ave

MinneapolisMN55411
property at 611 N 24th Ave

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 1 Bath Townhome for Rent

Available Now

611 N 24th Ave

MinneapolisMN55411
property at 2703 N Humboldt Ave

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

3 Bedroom, 1 Bath Townhome for Rent

Available Now

2703 N Humboldt Ave

MinneapolisMN55411
property at 1600 N Irving Ave

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 1 Bath Condo for Rent

Available Now

1600 N Irving Ave

MinneapolisMN55411
property at 1649 Russell Ave N

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

3 Bedroom, 1 Bath Townhome for Rent

Available Now

1649 Russell Ave N

MinneapolisMN55411
property at 2419 Plymouth Ave N

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

3 Bedroom, 1 Bath Condo for Rent

Available Now

2419 Plymouth Ave N

MinneapolisMN55411

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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1016 Newton Ave N
3 Bedroom Apartments

1016 Newton Ave N

1016 Newton Ave NMinneapolis, MN 55411
property at 2620 Emerson Ave N

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

3 Bedroom Rentals

Available Now

2620 Emerson Ave N

MinneapolisMN55411

Greater Near North, Minneapolis, MN Local Guide

Cheapest Available Greater Near North Apartments for Rent

 

The cheapest available apartment rental in the Greater Near North area of Minneapolis, MN is a Studio unit found at St. Anne's Senior Housing priced from $655. Aster Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $840. Here are the most affordable Greater Near North apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
St. Anne's Senior HousingStudioStudio,1BA$655
Aster Apartments0BR/1.0BAStudio,1BA$840
801 N 21St AveStandard 1BR1BR,1BA$875
The RedwellPrairie SpyStudio,1BA$995
The Cameron North LoopStudio - BStudio,1BA$995
Broadway FlatsOne Bedroom B1BR,1BA$1,136
North Creek1 Bedroom - B11BR,1BA$1,200
1115 Humboldt Ave N3-bedroom3BR,1BA$1,300
West Broadway Crescent412-2B2BR,1BA$1,350

Best Value Apartments for Rent in Greater Near North, MN

As of June 17, 2026 the best value apartment in the Greater Near North area is the $1.10 price per square foot 2717 Aldrich Ave N Model at 2717 Aldrich Ave N in the in the Greater Near North neighborhood starting from $2,200. The second greatest value Greater Near North apartment is the Type B Model at 416 Lofts starting at $1,495 with a $1.15 price per square foot in the Greater Central neighborhood. Here is today’s list of the best values for Greater Near North apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2717 Aldrich Ave N2717 Aldrich Ave N5BR,3BA$1.10
416 LoftsType B2BR,1BA$1.15
329 30th Ave N, Unit 1329 30th Ave N3BR,1BA$1.42
Phoenix North Loop2BR/2.0BA2BR,2BA$1.71
West Broadway Crescent412-2B2BR,1BA$1.35
1115 Humboldt Ave N3-bedroom3BR,1BA$1.44
St. Anne's Senior Housing1 Bedroom1BR,1BA$1.69
2408 Plymouth Ave N, Unit 32408 Plymouth Ave N1BR,1BA$1.47
801 N 21St AveStandard 1BR1BR,1BA$1.17
Broadway FlatsOne Bedroom A1BR,1BA$1.83

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.

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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.

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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 Greater Near North Apartments

What is a cheap apartment in Greater Near North?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Greater Near North is under $1,350.

What is the price of a cheap apartment in Greater Near North?

The cheapest apartment in Greater Near North is 801 N 21St Ave which is listed at $875, while the average apartment in Greater Near North costs $2,573.

What types of apartments are the cheapest in Greater Near North?

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 10 regular apartments in Greater Near North 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 Greater Near North?

Cheap apartments in Greater Near North have an average cost of $304 which is $2,269 cheaper than the average rent for all rentals in Greater Near North.

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.

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