Cheap Apartments for Rent in the Greater Near North Neighborhood of Minneapolis, MN from $700 (37 Rentals)

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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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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Emerson
1 to 3 Bedroom Apartments

Emerson

1600 N Emerson 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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1615 26th Ave N
1 to 2 Bedroom Apartments

1615 26th Ave N

1615 26th Ave NMinneapolis, MN 55411
  • Utilities Included

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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The Redwell
Studio to 1 Bedroom Apartments

The Redwell

1020 3rd St NMinneapolis, MN 55401
Showing Results 1-37, Page 1 of 1

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 Miro Apartments priced from $1,035. The Cameron North Loop has the second lowest priced unit, which is a Studio apartment currently listed from $1,045. Here are the most affordable Greater Near North apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Miro ApartmentsCedar 2Studio,1BA$1,035
The Cameron North LoopStudio - AStudio,1BA$1,045
The RedwellPrairie SpyStudio,1BA$1,234
West Broadway Crescent412-2A2BR,1BA$1,277
SatoriBasalt1BR,1BA$1,308
Viridium ApartmentsBaysideStudio,1BA$1,345
Groove LoftsAndyStudio,1BA$1,361
4th and Park0x1 A2Studio,1BA$1,387
HQ ApartmentsV6Studio,1BA$1,396
Gurley LoftsS-BStudio,1BA$1,450

Best Value Apartments for Rent in Greater Near North, MN

As of June 04, 2025 the best value apartment in the Greater Near North area is the $0.69 price per square foot 1023 James Ave N Model at 1023 James Ave N, Unit 1023 in the in the Greater Near North neighborhood starting from $1,500. The second greatest value Greater Near North apartment is the 1727 Girard Ave N Model at 1727 Girard Ave N, Unit 1727 starting at $1,600 with a $1.07 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.
1023 James Ave N, Unit 10231023 James Ave N2BR,1BA$0.69
1727 Girard Ave N, Unit 17271727 Girard Ave N2BR,1BA$1.07
1411 Girard Ave N, Unit #21411 Girard Ave N2BR,1BA$1.27
Phoenix North Loop2BR/2.5BA2BR,2.5BA$1.84
914 Vincent Ave N, Unit 914914 Vincent Ave N3BR,1BA$1.31
West Broadway Crescent412-2B2BR,1BA$1.40
Broadway FlatsOne Bedroom B1BR,1BA$1.91
The PalmerG1BR,1BA$2.29
SatoriBasalt1BR,1BA$1.92
Gurley LoftsS-BStudio ,1BA$2.32

Quick Rent Budget Calculator

How much rent can you afford?

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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Pet Friendly Lifestyle
Greater Near North, Minneapolis, MN

Ranked #138

Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,450.

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

The cheapest apartment in Greater Near North is Miro Apartments which is listed at $1,328, while the average apartment in Greater Near North costs $3,324.

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 11 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 $147 which is $3,177 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.

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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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.