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$691 - $2,968
Plus Fees12 Month Lease Term
1 to 4 Bedroom Apartments Contact Us For AvailabilityPeregrine
2035 W River RdMinneapolis, MN 55411
Cheap Apartments for Rent in the Near North Neighborhood of Minneapolis, MN from $600 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near North area of Minneapolis.
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$935 - $1,579
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Contact Us For AvailabilityPark Plaza
1315 Olson Memorial HwyMinneapolis, MN 55405
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Rent Specials
$999
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$949
Required Monthly Fees
$50
Total Monthly Price
$999
Aster Apartments in Near North Minneapolis
1800 Fremont Ave NMinneapolis, MN 55411
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$1,195 - $1,346
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowThe Redwell
1020 3rd St NMinneapolis, MN 55401
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$1,212 - $3,932
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,154 - $3,874
Required Monthly Fees
$58
Total Monthly Price
$1,212 - $3,932
Duffey Lofts
528 N Washington AveMinneapolis, MN 55401
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.
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$1,285 - $4,695
Plus Fees
Studio to 3 Bedroom Apartments Available NowThe Hall Lofts
608 N 3rd StMinneapolis, MN 55403
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$1,300
Total Monthly Price12 Month Lease Term
3 Bedroom Apartments Available NowTotal Monthly Price
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$1,300
Total Monthly Price
$1,300
1115 Humboldt Ave N
1115 Humboldt Ave NMinneapolis, MN 55411
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$1,307 - $3,005
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,299 - $2,997
Required Monthly Fees
$8
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$1,307 - $3,005
Satori
835 W Broadway AveMinneapolis, MN 55411
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$1,311 - $2,415
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1 to 2 Bedroom Apartments Available NowThe Palmer
600 N 5th StMinneapolis, MN 55401
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Rent Specials
$1,375 - $5,570
Plus Fees
Studio to 3 Bedroom Apartments Available NowViridium Apartments
721 N Third StMinneapolis, MN 55401
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Studio to 1 Bedroom Apartments
Aldrich Apartments | Near I-94 & Theodore
801 N 21st AveMinneapolis, MN 55411
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Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.
Showing Results 1-15, Page 1 of 1
Near North, Minneapolis, MN Local Guide
Target Field
in Minneapolis by Flickr User: mulad is licensed under CC BY 2.0
How much does it cost to rent an apartment in Near North?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Near North Studio Apartments | $1,528 | $1,195 | $2,599 |
| Near North 1 Bedroom Apartments | $1,718 | $691 | $3,600 |
| Near North 2 Bedroom Apartments | $2,364 | $823 | $4,051 |
| Near North 3 Bedroom Apartments | $2,307 | $945 | $5,570 |
| Near North 4 Bedroom Apartments | $1,762 | $1,048 | $2,968 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Near North Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisExplore Minneapolis
Near North, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Near North Apartments for Rent
The cheapest available apartment rental in the 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 Near North apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Aster Apartments in Near North Minneapolis | 1BR/1.0BA | 1BR,1BA | $999 |
| The Cameron North Loop | Studio - F | Studio,1BA | $1,050 |
| The Redwell | Honeycrisp | Studio,1BA | $1,195 |
| Duffey Lofts | A8 | Studio,1BA | $1,212 |
| The Hall Lofts | A5 | Studio,1BA | $1,285 |
Best Value Apartments for Rent in Near North, MN
As of December 15, 2025 the best value apartment in the 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 Near North apartment is the 716 Elwood Ave N Model at 716 Elwood Ave N, Unit Upper Level Unit starting at $1,950 with a $1.63 price per square foot in the Greater Near North neighborhood. Here is today’s list of the best values for Near North apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 621 Morgan Ave N, Unit 1 | 621 Morgan Ave N | 2BR,1BA | $1.19 |
| 716 Elwood Ave N, Unit Upper Level Unit | 716 Elwood Ave N | 3BR,1BA | $1.63 |
| Mill City Apartments | The Washington | 2BR,2BA | $2.22 |
| 1115 Humboldt Ave N | 3-bedroom | 3BR,1BA | $1.44 |
| Variant | A6I | 1BR,1BA | $2.80 |
| Gaar Scott Historic Lofts | 1 Bedroom | 1BR,1BA | $2.24 |
| Satori | Basalt | 1BR,1BA | $1.84 |
| The Palmer | L | 1BR,1BA | $2.18 |
| The Cameron North Loop | 1 BR - F | 1BR,1BA | $2.44 |
| Aster Apartments in Near North Minneapolis | 1BR/1.0BA | 1BR,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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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.
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Pet Friendly LifestyleNear North, Minneapolis, MN
Ranked #113
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Near North, Minneapolis, MN
North Academy Senior High
Minneapolis Public School Dist.
Public School - Grades 9-12 (487)
3 out of 10
School data provided by Great Schools
Getting Around the Near North Neighborhood in Minneapolis, MN
Walk Score®
69 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
80 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
55 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Near North Apartments
What is a cheap apartment in Near North?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Near North is under $1,490.
What is the price of a cheap apartment in Near North?
The cheapest apartment in Near North is Aster Apartments in Near North Minneapolis which is listed at $999, while the average apartment in Near North costs $2,459.
What types of apartments are the cheapest in 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 9 regular apartments in 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 Near North?
Cheap apartments in Near North have an average cost of $444 which is $2,015 cheaper than the average rent for all rentals in 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
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
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.
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
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.