Cheap Apartments for Rent in the Greater Near North Neighborhood of Minneapolis, MN from $700 (47 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

Total Monthly Price

Base Rent$790
Required Monthly Fees$50

Total Monthly Price$840
12 Month Lease Term
Studio Apartments Available Soon

Aster Apartments

1800 Fremont Ave NMinneapolis, MN 55411
Pet Friendly
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St. Anne's Senior Housing
$899 - $1,717

Total Monthly Price

Base Rent$899 - $1,717

Total Monthly Price$899 - $1,717
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

St. Anne's Senior Housing

2323 26th Ave NMinneapolis, MN 55411
Senior Living
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  • Customer Reviewed
  • Low Income
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Park Plaza
$1,020 - $1,734

Total Monthly Price

Base Rent$1,020 - $1,734

Total Monthly Price$1,020 - $1,734
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Park Plaza

1315 Olson Memorial HwyMinneapolis, MN 55405
Affordability
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  • Utilities Included
  • Low Income
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Satori Apartments
Rent Specials
$1,073 - $1,600

Total Monthly Price

Base Rent$1,068 - $1,595
Required Monthly FeesVaries

Total Monthly PriceVaries
1 Bedroom Apartments Available Now

Satori Apartments

835 W Broadway AveMinneapolis, MN 55411
Affordability
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Beam
$1,191 - $2,614

Total Monthly Price

Base Rent$1,191 - $2,614

Total Monthly Price$1,191 - $2,614
12 Month Lease Term
1 to 3 Bedroom Apartments Available Oct 8

Beam

1820 W Broadway AveMinneapolis, MN 55411
Affordability
  • Verified
  • Utilities Included
  • Low Income
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North Creek
$1,260 - $2,027

Total Monthly Price

Base Rent$1,260 - $2,027

Total Monthly Price$1,260 - $2,027
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

North Creek

560 Humboldt Ave NMinneapolis, MN 55405
Affordability
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  • Utilities Included
  • Low Income
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NoLo Living
Rent Specials
$1,268 - $2,355

Total Monthly Price

Base Rent$1,236 - $2,323
Required Monthly Fees$32

Total Monthly Price$1,268 - $2,355
Studio to 2 Bedroom Apartments Available Now

NoLo Living

815 N 2nd StMinneapolis, MN 55401
Senior Living
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  • Smoke Free
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Variant
$1,287 - $4,093

Total Monthly Price

Base Rent$1,287 - $4,093

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Variant

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

Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes

Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

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Third North Apartments
Rent Specials
$1,308 - $2,520

Total Monthly Price

Base Rent$1,300 - $2,512
Required Monthly FeesVaries

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Third North Apartments

800 N 3rd StMinneapolis, MN 55401
Transit Friendly
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Junction Flats
$1,377 - $5,034

Total Monthly Price

Base Rent$1,377 - $5,034

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Junction Flats

643 N 5th StMinneapolis, MN 55401
Corporate Housing
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property at 727 N Thomas Ave
$1,399

Total Monthly Price

Base Rent$1,399

Total Monthly Price$1,399
2 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

727 N Thomas Ave

MinneapolisMN55411
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The Palmer
Rent Specials
$1,410 - $3,040

Total Monthly Price

Base Rent$1,410 - $3,040

Total Monthly Price$1,410 - $3,040
1 to 2 Bedroom Apartments Available Now

The Palmer

600 N 5th StMinneapolis, MN 55401
Corporate Housing
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property at 721-725 N 3rd St
$1,413 - $2,750

Total Monthly Price

Base Rent$1,413

Total Monthly Price$1,413
Studio To 2 Bedroom Rentals
Available Now
Affordability

721-725 N 3rd St

MinneapolisMN55401
property at 415 23rd Ave N
$1,415

Total Monthly Price

Base Rent$1,415

Total Monthly Price$1,415
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

415 23rd Ave N

MinneapolisMN55411
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Viridium Apartments
Rent Specials
$1,421 - $2,798

Total Monthly Price

Base Rent$1,413 - $2,790
Required Monthly FeesVaries

Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Viridium Apartments

721 N Third StMinneapolis, MN 55401
Corporate Housing
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Redwell
$1,436

Total Monthly Price

Base Rent$1,436

Total Monthly PriceVaries
12 Month Lease Term
Studio to 1 Bedroom Apartments Available Now

The Redwell

1020 3rd St NMinneapolis, MN 55401
Transit Friendly
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  • Low Income
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property at 2226 N Dupont Ave N
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
12 Month Lease Term
2 Bedroom, 1 Bath Townhome for Rent
Available Oct 1
Cost Per Sq.Ft.

2226 N Dupont Ave N, Unit 2

2226 N Dupont Ave N
MinneapolisMN55411
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property at 1812 Golden Valley Rd
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
2 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

1812 Golden Valley Rd

MinneapolisMN55411
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Gurley Lofts
Rent Specials
$1,505 - $2,442

Total Monthly Price

Base Rent$1,497 - $2,434
Required Monthly FeesVaries

Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Gurley Lofts

254 9th Ave NMinneapolis, MN 55401
Transit Friendly
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Phoenix North Loop
$1,599 - $2,749

Total Monthly Price

Base Rent$1,599 - $2,749

Total Monthly Price$1,599 - $2,749
1 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Phoenix North Loop

915 Washington Ave NMinneapolis, MN 55401
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property at 910 N Oliver Ave
$1,790

Total Monthly Price

Base Rent$1,790

Total Monthly Price$1,790
3 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

910 N Oliver Ave

MinneapolisMN55411
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Emerson
1 to 3 Bedroom Apartments

Emerson

1600 N Emerson AveMinneapolis, MN 55411
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Commons at Penn
1 to 3 Bedroom Apartments

Commons at Penn

2211 Golden Valley RdMinneapolis, MN 55411

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.

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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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Broadway Flats
Studio to 2 Bedroom Apartments

Broadway Flats

2505 Penn Ave NMinneapolis, MN 55411
  • Utilities Included
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Broadway 2407
1 to 2 Bedroom Apartments

Broadway 2407

2407 W Broadway AveMinneapolis, MN 55411
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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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Peregrine
1 to 4 Bedroom Apartments

Peregrine

2035 W River RdMinneapolis, MN 55411

Greater Near North - One of the Best Affordable Neighborhoods in Minneapolis

Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

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Penn Avenue Union
1 to 3 Bedroom Apartments

Penn Avenue Union

2200 Golden Valley RdMinneapolis, MN 55411
property at 1407 N 15th Ave
$1,300

Total Monthly Price

Base Rent$1,300

Total Monthly Price$1,300
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

1407 N 15th Ave

MinneapolisMN55411
property at 2222 N Girard Ave
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

2222 N Girard Ave

MinneapolisMN55411
property at 621 N Morgan Ave
$1,599

Total Monthly Price

Base Rent$1,599

Total Monthly Price$1,599
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

621 N Morgan Ave

MinneapolisMN55411
property at 2436 N Newton Ave
$1,600

Total Monthly Price

Base Rent$1,600

Total Monthly Price$1,600
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

2436 N Newton Ave

MinneapolisMN55411
property at 2646 Dupont Ave N
$1,795

Total Monthly Price

Base Rent$1,795

Total Monthly Price$1,795
3 Bedroom, 1 Bath Townhome for Rent
Available Oct 8
Cost Per Sq.Ft.

2646 Dupont Ave N

MinneapolisMN55411

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property at 501 N Morgan Ave
$1,795

Total Monthly Price

Base Rent$1,795

Total Monthly Price$1,795
3 Bedroom, 2 Bath Townhome for Rent
Available Now

501 N Morgan Ave

MinneapolisMN55405
property at 2516 N Lyndale Ave
$1,800

Total Monthly Price

Base Rent$1,800

Total Monthly Price$1,800
12 Month Lease Term
3 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

2516 N Lyndale Ave

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 1 Bed unit found at Commons at Penn priced from $850. St. Anne's Senior Housing has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable Greater Near North apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Commons at Penn1 Bedroom1BR,1BA$850
St. Anne's Senior HousingStudioStudio,1BA$899
Broadway 2407Broadway 2407 - 31BR,1BA$925
Golden Valley Apartments1BR/1BA1BR,1BA$945
416 LoftsType DStudio,1BA$970
The Cameron North LoopStudio - FStudio,1BA$995
Broadway FlatsStudio CStudio,1BA$1,054
Peregrine1 Bedroom F1BR,1BA$1,111
Penn Avenue Union2 Bedroom (50)2BR,1BA$1,175
Park PlazaTwo Bedroom2BR,1BA$1,275

Best Value Apartments for Rent in Greater Near North, MN

As of September 16, 2026 the best value apartment in the Greater Near North area is the $1.35 price per square foot 412-2A Model at West Broadway Crescent in the in the Jordan neighborhood starting from $1,350. The second greatest value Greater Near North apartment is the 2 Bedroom Model at Commons at Penn starting at $1,050 with a $1.14 price per square foot in the Greater Near North 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.
West Broadway Crescent412-2A2BR,1BA$1.35
Commons at Penn2 Bedroom2BR,1BA$1.14
1115 Humboldt Ave N3-bedroom3BR,1BA$1.44
Park PlazaTwo Bedroom2BR,1BA$1.49
415 23rd Ave N, Unit 4415 23rd Ave N2BR,1BA$1.53
North Creek2 Bedroom - B12BR,1BA$1.72
Golden Valley Apartments1BR/1BA1BR,1BA$1.26
Penn Avenue Union1 Bedroom (60)1BR,1BA$1.73
Broadway 2407Broadway 2407 - 31BR,1BA$1.54
St. Anne's Senior HousingStudioStudio ,1BA$1.64

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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 $1,275.

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

The cheapest apartment in Greater Near North is Commons at Penn which is listed at $850, while the average apartment in Greater Near North costs $1,660.

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 7 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 $752 which is $908 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.

Helpful Local Expert Guides

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Written by: Stephanie Lica

Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.

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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

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