Cheap Apartments for Rent in the Near North Neighborhood of Minneapolis, MN from $600 (6 Rentals)

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

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Emerson
1 to 3 Bedroom Apartments

Emerson

1600 N Emerson AveMinneapolis, MN 55411
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The Redwell
Studio to 2 Bedroom Apartments

The Redwell

1020 3rd St NMinneapolis, MN 55401

Near North, Minneapolis, MN Local Guide

Cheapest Available Near North Apartments for Rent

 

The cheapest available apartment rental in the Near North area of Minneapolis, MN is a Studio unit found at The Cameron North Loop priced from $1,050. The Redwell has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here are the most affordable Near North apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
The Cameron North LoopStudio - FStudio,1BA$1,050
The RedwellHoneycrispStudio,1BA$1,100
Duffey LoftsA9Studio,1BA$1,255

Best Value Apartments for Rent in Near North, MN

As of October 31, 2025 the best value apartment in the Near North area is the $1.00 price per square foot Type E Model at 416 Flats in the in the Greater Central neighborhood starting from $1,295. The second greatest value 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 Near North apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
416 FlatsType E1BR,1BA$1.00
621 Morgan Ave N, Unit 1621 Morgan Ave N2BR,1BA$1.31
Gaar Scott Historic Lofts1 Bedroom1BR,1BA$2.18
NoLo SouthNoLo South - A101BR,1BA$2.40
SatoriBasalt1BR,1BA$1.96
ElseWarehouse in the North LoopNicollet1BR,2BA$2.79
The PalmerL1BR,1BA$2.44
Junction FlatsLight Rail lllStudio ,1BA$2.95
The Cameron North LoopStudio - BStudio ,1BA$2.68
The RedwellPrairie SpyStudio ,1BA$2.87

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Pet Friendly Lifestyle
Near North, Minneapolis, MN

Ranked #111

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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

Frequently Asked Questions about Cheap Near North Apartments

What is the Cheapest Studio apartment in Near North?

Currently the most affordable Cheap Studio Apartment in Near North is at The Cameron North Loop listed at $1,050.

How much is rent for a Cheap One Bedroom Near North Apartment?

The lowest price for a Cheap One Bedroom Near North Apartment is $1,295 at 416 Flats.

What is the lowest price for a Cheap Two Bedroom Near North Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Near North is starting from $1,674 at Satori.

What is the most affordable Near North Three Bedroom Apartment?

The best deal on a cheap Near North Three Bedroom Apartment rental is at Viridium Apartments and starts from $4,490.

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.