
Cheap Homes for Rent in Greater Near North Neighborhood of Minneapolis, MN from $1,200 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Greater Near North area of Minneapolis.


1015 N Humboldt Ave

1500 W Broadway

2620 Emerson Ave N
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

2235 W Broadway

2419 Plymouth Ave N

1805 New York Ave

1647 N Penn Ave, Unit 1647 FL 1, Unit 1647 FL 1
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.
Greater Near North, Minneapolis, MN Local Guide

How much does it cost to rent a home in Greater Near North?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greater Near North 2 Bedroom Homes for Rent | $2,110 | $1,600 | $2,695 |
| Greater Near North 3 Bedroom Homes for Rent | $2,048 | $1,700 | $2,595 |
| Greater Near North 4 Bedroom Homes for Rent | $2,155 | $1,700 | $2,595 |
| Greater Near North 5 Bedroom Homes for Rent | $2,827 | $2,300 | $3,200 |
| Greater Near North 6 Bedroom Homes for Rent | $2,995 | $2,795 | $3,195 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 St. Anne's Senior Housing priced from $655. Aldrich Apartments | Near I-94 & Theodore Wirth has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here are the most affordable Greater Near North apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| St. Anne's Senior Housing | Studio | Studio,1BA | $655 |
| Aldrich Apartments | Near I-94 & Theodore Wirth | Standard 1BR | 1BR,1BA | $875 |
| The Cameron North Loop | Studio - D | Studio,1BA | $985 |
Best Value Apartments for Rent in Greater Near North, MN
As of April 26, 2026 the best value apartment in the Greater Near North area is the $1.74 price per square foot 2BR/2.0BA Model at Phoenix North Loop in the in the Greater Central neighborhood starting from $2,236. The second greatest value Greater Near North apartment is the 412-2A Model at West Broadway Crescent starting at $1,350 with a $1.50 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Phoenix North Loop | 2BR/2.0BA | 2BR,2BA | $1.74 |
| West Broadway Crescent | 412-2A | 2BR,1BA | $1.50 |
| 1115 Humboldt Ave N | 3-bedroom | 3BR,1BA | $1.44 |
| Park Plaza | Two Bedroom | 2BR,1BA | $1.49 |
| St. Anne's Senior Housing | 1 Bedroom | 1BR,1BA | $1.69 |
| North Creek | 2 Bedroom - B1 | 2BR,1BA | $1.72 |
| Satori Apartments | Zeolite (1 + Den) | 1BR,1BA | $2.12 |
| Aldrich Apartments | Near I-94 & Theodore Wirth | Standard 1BR | 1BR,1BA | $1.17 |
| Broadway Flats | One Bedroom A | 1BR,1BA | $1.83 |
| The Cameron North Loop | Studio - B | Studio ,1BA | $2.51 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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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Read ArticleCash 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.
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 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 Greater Near North
What type of rentals are currently available in Greater Near North?
There are currently 131 Apartments for Rent in Greater Near North, MN with pricing that ranges from $691 to $8,273. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greater Near North ranging from $1,250 to $3,200.
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 $1,250 to $3,200 with an average monthly rent of $2,322.
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 $4,546, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $2,595. Four Bedroom Single-Family rentals are also available starting from $1,700 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

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.

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.

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

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Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.