
Cheap Apartments for Rent in the Greater Near North Neighborhood of Minneapolis, MN from $600 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greater Near North area of Minneapolis.


Park Plaza

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Aster Apartments in Near North Minneapolis

Total Monthly Price
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North Creek
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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.

Aldrich Apartments | Near I-94 & Theodore
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Greater Near North, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Greater Near North?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greater Near North Studio Apartments | $1,474 | $1,069 | $2,499 |
| Greater Near North 1 Bedroom Apartments | $1,536 | $691 | $2,552 |
| Greater Near North 2 Bedroom Apartments | $1,921 | $823 | $3,000 |
| Greater Near North 3 Bedroom Apartments | $1,979 | $945 | $5,570 |
| Greater Near North 4 Bedroom Apartments | $1,787 | $1,048 | $2,968 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 1 mile radius of the Greater Near North Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisExplore Minneapolis
Greater Near North, Minneapolis, MN Local Guide
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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 Aster Apartments in Near North Minneapolis priced from $999. The Cameron North Loop has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable Greater Near North apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Aster Apartments in Near North Minneapolis | 1BR/1.0BA | 1BR,1BA | $999 |
| The Cameron North Loop | Studio - F | Studio,1BA | $1,050 |
| Variant | SII | Studio,1BA | $1,069 |
| The Redwell | Honeycrisp | Studio,1BA | $1,100 |
| North Creek | 1 Bedroom - B1 | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Greater Near North, MN
As of November 28, 2025 the best value apartment in the Greater Near North area is the $1.19 price per square foot 621 Morgan Ave N Model at 621 Morgan Ave N, Unit 1 in the in the Greater Near North neighborhood starting from $1,500. The second greatest value Greater Near North apartment is the 412-2A Model at West Broadway Crescent starting at $1,350 with a $1.35 price per square foot in the Jordan neighborhood. Here is today’s list of the best values for Greater Near North apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 621 Morgan Ave N, Unit 1 | 621 Morgan Ave N | 2BR,1BA | $1.19 |
| West Broadway Crescent | 412-2A | 2BR,1BA | $1.35 |
| 1115 Humboldt Ave N | 3-bedroom | 3BR,1BA | $1.44 |
| 1422 26th Ave N, Unit 1 | 1422 26th Ave N | 3BR,1BA | $1.67 |
| 416 Flats | Type E | 1BR,1BA | $1.56 |
| Broadway Flats | One Bedroom A | 1BR,1BA | $1.83 |
| The Palmer | G | 1BR,1BA | $2.24 |
| Satori | Basalt | 1BR,1BA | $1.88 |
| North Creek | 1 Bedroom - B1 | 1BR,1BA | $2.08 |
| Aster Apartments in Near North Minneapolis | 1BR/1.0BA | 1BR,1BA | $1.81 |
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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Read ArticleEnjoy 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.
Read ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleGreater Near North, Minneapolis, MN
Ranked #136
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Greater Near North, Minneapolis, MN
School data provided by Great Schools
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 $1,311.
What is the price of a cheap apartment in Greater Near North?
The cheapest apartment in Greater Near North is Aster Apartments in Near North Minneapolis which is listed at $999, while the average apartment in Greater Near North costs $1,751.
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 14 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 $661 which is $1,090 cheaper than the average rent for all rentals in Greater Near North.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.





