Cheap Apartments for Rent in the Greater Near North Neighborhood of Minneapolis, MN from $600 (12 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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$1,069 - $6,664
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$1,061 - $6,656
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Total Monthly Price
$1,069 - $6,664
Studio to 2 Bedroom Apartments Available Now

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315 N 7th AveMinneapolis, MN 55401
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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
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The Redwell
Studio to 2 Bedroom Apartments

The Redwell

1020 3rd St NMinneapolis, MN 55401

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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. 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 ListingModel NameBed/BathPriced From
Aster Apartments in Near North Minneapolis1BR/1.0BA1BR,1BA$999
The Cameron North LoopStudio - FStudio,1BA$1,050
VariantSIIStudio,1BA$1,069
The RedwellHoneycrispStudio,1BA$1,100
North Creek1 Bedroom - B11BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
621 Morgan Ave N, Unit 1621 Morgan Ave N2BR,1BA$1.19
West Broadway Crescent412-2A2BR,1BA$1.35
1115 Humboldt Ave N3-bedroom3BR,1BA$1.44
1422 26th Ave N, Unit 11422 26th Ave N3BR,1BA$1.67
416 FlatsType E1BR,1BA$1.56
Broadway FlatsOne Bedroom A1BR,1BA$1.83
The PalmerG1BR,1BA$2.24
SatoriBasalt1BR,1BA$1.88
North Creek1 Bedroom - B11BR,1BA$2.08
Aster Apartments in Near North Minneapolis1BR/1.0BA1BR,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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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

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Pet Friendly Lifestyle
Greater Near North, Minneapolis, MN

Ranked #136

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 $1,311.

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.

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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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.