
Cheap Apartments for Rent in the Greater Near North Neighborhood of Minneapolis, MN from $700 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greater Near North area of Minneapolis.


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The Redwell

Park Plaza

St. Anne's Senior Housing

North Creek

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Variant

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Satori Apartments

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1115 Humboldt Ave N
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
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Third North Apartments

The Palmer

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415 23rd Ave N, Unit 4

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Viridium Apartments

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NoLo Living

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Junction Flats

2226 N Dupont Ave N, Unit 2

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Gurley Lofts
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Emerson

Golden Valley Apartments

801 N 21St Ave

Broadway 2407

Bell Lofts

416 Lofts

1615 26th Ave N

Broadway Flats
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Plymouth Avenue Apartments

The Cameron North Loop

1709 N 26th Ave

Olson Park Apartments

Peregrine

West Broadway Crescent

2918 Dupont Ave N

815 N Logan Ave
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!

1015 N Humboldt Ave
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 | $1,384 | $840 | $1,591 |
| Greater Near North 1 Bedroom Apartments | $1,749 | $1,020 | $2,395 |
| Greater Near North 2 Bedroom Apartments | $2,158 | $1,275 | $3,895 |
| Greater Near North 3 Bedroom Apartments | $2,098 | $1,300 | $4,638 |
| Greater Near North 4 Bedroom Apartments | $2,249 | $2,099 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 33 rentals with your search options within a 1 mile radius of the Greater Near North Neighborhood of Minneapolis, MN.
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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 Studio unit found at Aster Apartments priced from $840. Broadway 2407 has the second lowest priced unit, which is a 2 Beds apartment currently listed from $895. Here are the most affordable Greater Near North apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Aster Apartments | 0BR/1.0BA | Studio,1BA | $840 |
| Broadway 2407 | Broadway 2407 - 8 | 2BR,1BA | $895 |
| 416 Lofts | Type D | Studio,1BA | $970 |
| The Redwell | Prairie Spy | Studio,1BA | $995 |
| Park Plaza | One Bedroom | 1BR,1BA | $1,020 |
| St. Anne's Senior Housing | Studio | Studio,1BA | $1,053 |
| Broadway Flats | One Bedroom D | 1BR,1BA | $1,201 |
| 1115 Humboldt Ave N | 3-bedroom | 3BR,1BA | $1,300 |
| Third North Apartments | Brooklyn - SJ | Studio,1BA | $1,304 |
| Peregrine | 1 Bedroom F | 1BR,1BA | $1,344 |
Best Value Apartments for Rent in Greater Near North, MN
As of August 02, 2026 the best value apartment in the Greater Near North area is the $1.08 price per square foot 2717 Aldrich Ave N Model at 2717 Aldrich Ave N, Unit 2 in the in the Greater Near North neighborhood starting from $2,150. The second greatest value Greater Near North apartment is the 2BR/2.5BA Model at Phoenix North Loop starting at $2,649 with a $1.57 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2717 Aldrich Ave N, Unit 2 | 2717 Aldrich Ave N | 5BR,3BA | $1.08 |
| Phoenix North Loop | 2BR/2.5BA | 2BR,2.5BA | $1.57 |
| Peregrine | 2 Bedroom C- ADA HV | 2BR,2BA | $2.15 |
| West Broadway Crescent | 412-2A | 2BR,1BA | $1.50 |
| 1115 Humboldt Ave N | 3-bedroom | 3BR,1BA | $1.44 |
| Satori Apartments | Zeolite (1 + Den) | 1BR,1BA | $2.10 |
| Broadway 2407 | Broadway 2407 - 8 | 2BR,1BA | $1.19 |
| Broadway Flats | One Bedroom A | 1BR,1BA | $1.64 |
| Park Plaza | One Bedroom | 1BR,1BA | $1.85 |
| St. Anne's Senior Housing | Studio | Studio ,1BA | $1.92 |
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.
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 ArticleReal 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.
Read ArticleQuick 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.
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 $1,344.
What is the price of a cheap apartment in Greater Near North?
The cheapest apartment in Greater Near North is Park Plaza which is listed at $1,020, while the average apartment in Greater Near North costs $1,700.
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 $462 which is $1,238 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

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

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

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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