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$840
Total Monthly Price12 Month Lease Term
Studio Apartments Available NowTotal Monthly Price
Base Rent
$790
Required Monthly Fees
$50
Total Monthly Price
$840
Aster Apartments
1800 Fremont Ave NMinneapolis, MN 55411
Cheap Apartments for Rent in the Near North Neighborhood of Minneapolis, MN from $700 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near North area of Minneapolis.
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$995 - $1,436
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$995 - $1,436
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The Redwell
1020 3rd St NMinneapolis, MN 55401
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$1,020 - $1,734
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowPark Plaza
1315 Olson Memorial HwyMinneapolis, MN 55405
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$1,259 - $2,805
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,259 - $2,805
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315 N 7th AveMinneapolis, MN 55401
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$1,265 - $2,045
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,260 - $2,040
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Satori Apartments
835 W Broadway AveMinneapolis, MN 55411
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Rent Specials
$1,288 - $4,307
Plus Fees
Studio to 2 Bedroom Apartments Available NowDuffey Lofts
528 N Washington AveMinneapolis, MN 55401
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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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$1,304 - $2,488
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,296 - $2,480
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Third North Apartments
800 N 3rd StMinneapolis, MN 55401
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.
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$1,305 - $1,920
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Palmer
600 N 5th StMinneapolis, MN 55401
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$1,313 - $3,490
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,295 - $3,472
Required Monthly Fees
$18
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$1,313 - $3,490
The Hall Lofts
608 N 3rd StMinneapolis, MN 55403
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$1,383 - $4,638
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,375 - $4,630
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Viridium Apartments
721 N Third StMinneapolis, MN 55401
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$1,427 - $2,541
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,395 - $2,509
Required Monthly Fees
$32
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$1,427 - $2,541
NoLo Living
815 N 2nd StMinneapolis, MN 55401
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$1,491 - $7,357
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,491 - $7,357
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Junction Flats
643 N 5th StMinneapolis, MN 55401
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$1,505 - $2,453
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,497 - $2,445
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Gurley Lofts
254 9th Ave NMinneapolis, MN 55401
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$1,580 - $1,715
Plus Fees
Studio to 2 Bedroom Apartments Available Aug 18Mill City Apartments
625 2nd StMinneapolis, MN 55401
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$1,649 - $3,249
Plus Fees1 Month Lease Term
1 to 2 Bedroom Apartments Available NowPhoenix North Loop
915 Washington Ave NMinneapolis, MN 55401
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
1812 Golden Valley Rd
MinneapolisMN55411
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$1,739 - $4,510
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,731 - $4,502
Required Monthly Fees
$8
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$1,739 - $4,510
Vesi
730 1/2 N 1st StMinneapolis, MN 55401
910 N Oliver Ave
MinneapolisMN55411
700 N Washington Ave
MinneapolisMN55401
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Rent Specials
$1,820 - $2,270
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowThe Copham - Minneapolis North Loop
607 N Washington AveMinneapolis, MN 55401
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1 to 3 Bedroom Apartments
Emerson
1600 N Emerson AveMinneapolis, MN 55411
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Studio to 1 Bedroom Apartments
801 N 21St Ave
801 N 21st AveMinneapolis, MN 55411
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Studio to 3 Bedroom Apartments
416 Lofts
416 10th Ave NMinneapolis, MN 55401
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.
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Studio to 2 Bedroom Apartments
The Cameron North Loop
756 N 4th StMinneapolis, MN 55401
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1 to 4 Bedroom Apartments
Olson Park Apartments
1301 Olson Memorial HwyMinneapolis, MN 55405
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1 to 4 Bedroom Apartments
Peregrine
2035 W River RdMinneapolis, MN 55411
815 N Logan Ave
MinneapolisMN55412
1015 N Humboldt Ave
MinneapolisMN55411
621 N Morgan Ave
MinneapolisMN55411
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Studio to 2 Bedroom Apartments
Dock Street Flats
337 N Washington AveMinneapolis, MN 55401
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Studio to 2 Bedroom Apartments
NoLo South
701 N 2nd StMinneapolis, MN 55401
Near North - One of the Best Affordable Neighborhoods in Minneapolis
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!
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3 Bedroom Apartments
1016 Newton Ave N
1016 Newton Ave NMinneapolis, MN 55411
Showing Results 1-33, 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 | $1,494 | $840 | $2,085 |
| Near North 1 Bedroom Apartments | $1,873 | $1,020 | $2,938 |
| Near North 2 Bedroom Apartments | $2,711 | $1,275 | $3,923 |
| Near North 3 Bedroom Apartments | $2,352 | $1,300 | $4,638 |
| Near North 4 Bedroom Apartments | $2,249 | $2,099 | $2,400 |
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 33 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
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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 Aster Apartments priced from $840. 416 Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $970. Here are the most affordable Near North apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Aster Apartments | 0BR/1.0BA | Studio,1BA | $840 |
| 416 Lofts | Type D | Studio,1BA | $970 |
| The Redwell | Prairie Spy | Studio,1BA | $995 |
| Park Plaza | One Bedroom | 1BR,1BA | $1,020 |
| 1115 Humboldt Ave N | 3-bedroom | 3BR,1BA | $1,300 |
| Third North Apartments | Brooklyn - SJ | Studio,1BA | $1,304 |
| The Hall Lofts | B24 - IZ 60% AMI | 1BR,1BA | $1,313 |
| Peregrine | 1 Bedroom F | 1BR,1BA | $1,344 |
| Viridium Apartments | Bayside | Studio,1BA | $1,383 |
| The Cameron North Loop | 1 BR - C | 1BR,1BA | $1,395 |
Best Value Apartments for Rent in Near North, MN
As of August 02, 2026 the best value apartment in the Near North area is the $1.57 price per square foot 2BR/2.5BA Model at Phoenix North Loop in the in the Greater Central neighborhood starting from $2,649. The second greatest value Near North apartment is the Lemon Drop Model at Gurley Lofts starting at $2,442 with a $2.33 price per square foot in the Greater Central 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. |
|---|---|---|---|
| Phoenix North Loop | 2BR/2.5BA | 2BR,2.5BA | $1.57 |
| Gurley Lofts | Lemon Drop | 2BR,1BA | $2.33 |
| Peregrine | 2 Bedroom C- ADA HV | 2BR,2BA | $2.15 |
| 1115 Humboldt Ave N | 3-bedroom | 3BR,1BA | $1.44 |
| Satori Apartments | Zeolite (1 + Den) | 1BR,1BA | $2.10 |
| The Cameron North Loop | 1 BR - B | 1BR,1BA | $2.32 |
| The Palmer | L | 1BR,1BA | $2.51 |
| Park Plaza | One Bedroom | 1BR,1BA | $1.85 |
| The Redwell | Prairie Spy | Studio ,1BA | $2.39 |
| 416 Lofts | Type D | Studio ,1BA | $2.43 |
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
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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.
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Pet Friendly LifestyleNear North, Minneapolis, MN
Ranked #126
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet 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
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 $1,395.
What is the price of a cheap apartment in Near North?
The cheapest apartment in Near North is Park Plaza which is listed at $1,020, while the average apartment in Near North costs $1,861.
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 4 regular apartments in Near North that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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
Authentic Minneapolis: An Insider's 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.
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.
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.
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.