Cheap Apartments for Rent in the Greater Near North Neighborhood of Minneapolis, MN from $600 (13 Rentals)

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

property at 511 N Penn Ave

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

2 Bedroom, 1 Bath Home for Rent

Available Now

511 N Penn Ave

MinneapolisMN55405
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Satori
Rent Specials
$1,043 - $3,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,035 - $3,192
Required Monthly Fees
$8

Total Monthly Price
$1,043 - $3,200
1 to 2 Bedroom Apartments Available Now

Satori

835 W Broadway AveMinneapolis, MN 55411
Affordability
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  • Customer Reviewed

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Broadway Flats
Rent Specials
$1,199 - $1,354
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,350
Required Monthly Fees
$4

Total Monthly Price
$1,199 - $1,354
Studio to 2 Bedroom Apartments Available Now

Broadway Flats

2505 Penn Ave NMinneapolis, MN 55411
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  • Utilities Included
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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
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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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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 Aster Apartments in Near North Minneapolis priced from $999. Satori has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,043. Here are the most affordable Greater Near North apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Aster Apartments in Near North Minneapolis1BR/1.0BA1BR,1BA$999
SatoriJasper1BR,1BA$1,043
The Cameron North LoopStudio - FStudio,1BA$1,050
The RedwellHoneycrispStudio,1BA$1,195
Broadway FlatsStudio AStudio,1BA$1,199

Best Value Apartments for Rent in Greater Near North, MN

As of January 13, 2026 the best value apartment in the Greater Near North area is the $1.41 price per square foot 2915 Lyndale Ave N Model at 2915 Lyndale Ave N, Unit 1 Main Level in the in the Greater Near North neighborhood starting from $2,250. The second greatest value Greater Near North apartment is the 621 Morgan Ave N Model at 621 Morgan Ave N, Unit 1 starting at $1,650 with a $1.31 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.
2915 Lyndale Ave N, Unit 1 Main Level2915 Lyndale Ave N5BR,2BA$1.41
621 Morgan Ave N, Unit 1621 Morgan Ave N2BR,1BA$1.31
West Broadway Crescent412-2B2BR,1BA$1.50
1115 Humboldt Ave N3-bedroom3BR,1BA$1.44
1422 26th Ave N, Unit 11422 26th Ave N3BR,1BA$1.44
North Creek2 Bedroom - B12BR,1BA$1.72
Broadway FlatsOne Bedroom A1BR,1BA$1.80
The PalmerL1BR,1BA$2.27
Aster Apartments in Near North Minneapolis1BR/1.0BA1BR,1BA$1.81
SatoriJasper1BR,1BA$1.94

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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 $1,403.

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 $2,250.

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 17 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 $569 which is $1,681 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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