Cheap Homes for Rent in Greater Near North Neighborhood of Minneapolis, MN from $500 (6 Rentals)

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

property at 1647 N Penn Ave

$571

Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$571

Total Monthly Price
$571

3 Bedroom, 1 Bath Townhome for Rent

Available Now

1647 N Penn Ave, Unit 1647Floor2

1647 N Penn Ave
MinneapolisMN55411
property at 1709 N 26th Ave

$1,325

Total Monthly Price

Total Monthly Price

Base Rent
$1,325

Total Monthly Price
$1,325

1 Bedroom Rentals

Available Now

1709 N 26th Ave

MinneapolisMN55411
property at 2631 N Girard Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Townhome for Rent

Available Now

2631 N Girard Ave

MinneapolisMN55411

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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.

property at 1015 N Humboldt Ave

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1015 N Humboldt Ave

MinneapolisMN55411
property at 621 N Morgan Ave

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

2 Bedroom, 1 Bath Townhome for Rent

Available Now

621 N Morgan Ave

MinneapolisMN55411
property at 1649 Russell Ave N

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

3 Bedroom, 1 Bath Townhome for Rent

Available Now

1649 Russell Ave N

MinneapolisMN55411

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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 $949. 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$949
The Cameron North LoopStudio - FStudio,1BA$1,050
The RedwellHoneycrispStudio,1BA$1,195

Best Value Apartments for Rent in Greater Near North, MN

As of January 15, 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 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 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$1.48
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
SatoriBasalt1BR,1BA$1.81
The PalmerL1BR,1BA$2.18
Aster Apartments in Near North Minneapolis1BR/1.0BA1BR,1BA$1.72

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Enjoy 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.

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Frequently Asked Questions about Greater Near North

What type of rentals are currently available in Greater Near North?

There are currently 130 Apartments for Rent in Greater Near North, MN with pricing that ranges from $691 to $5,625. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greater Near North ranging from $571 to $3,195.

What is the current price range for Rental Homes in Greater Near North?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Greater Near North ranges from $571 to $3,195 with an average monthly rent of $2,193.

How much are larger Three and Four Bedroom Rentals in Greater Near North?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Greater Near North range from $945 to $5,625, while Three Bedroom Homes, Condos, and Townhomes for rent range from $571 to $1,945. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $1,048.

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

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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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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.

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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.

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Authentic Minneapolis: An Insiders 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.

Articles, How-To's, and Tips

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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!