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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 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near North area of Minneapolis.
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$830 - $1,000
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available May 7Total Monthly Price
Base Rent
$780 - $950
Required Monthly Fees
$50
Total Monthly Price
$830 - $1,000
Aster Apartments in Near North Minneapolis
1800 Fremont Ave NMinneapolis, MN 55411
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Rent Specials
$1,125 - $1,346
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$1,125 - $1,346
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The Redwell
1020 3rd St NMinneapolis, MN 55401
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Rent Specials
$1,193 - $2,261
Plus Fees
Studio to 1 Bedroom Apartments Available NowDuffey Lofts
528 N Washington AveMinneapolis, MN 55401
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$1,275 - $1,579
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowPark Plaza
1315 Olson Memorial HwyMinneapolis, MN 55405
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$1,299 - $2,835
Total Monthly Price1 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,299 - $2,835
Total Monthly Price
$1,299 - $2,835
Phoenix North Loop
915 Washington Ave NMinneapolis, 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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$1,354 - $2,644
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,322 - $2,612
Required Monthly Fees
$32
Total Monthly Price
$1,354 - $2,644
NoLo Living
815 N 2nd StMinneapolis, MN 55401
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.
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Rent Specials
$1,368 - $4,568
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,350 - $4,550
Required Monthly Fees
$18
Total Monthly Price
$1,368 - $4,568
The Hall Lofts
608 N 3rd StMinneapolis, MN 55403
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$1,380 - $11,227
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Studio to 2 Bedroom Apartments Available May 11Total Monthly Price
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$1,380 - $11,227
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Variant
315 N 7th AveMinneapolis, MN 55401
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$1,402 - $2,462
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Studio to 2 Bedroom Apartments Available Jun 1Total Monthly Price
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$1,394 - $2,454
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Third North Apartments
800 N 3rd StMinneapolis, MN 55401
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$1,403 - $4,546
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,395 - $4,538
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Viridium Apartments
721 N Third StMinneapolis, MN 55401
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$1,415 - $2,275
Plus Fees
Studio to 2 Bedroom Apartments Available NowMill City Apartments
625 2nd StMinneapolis, MN 55401
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$1,464 - $6,059
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,464 - $6,059
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Junction Flats
643 N 5th StMinneapolis, MN 55401
1507 N Newton Ave
MinneapolisMN55411
1314 N Morgan 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.
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$1,535 - $2,045
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Palmer
600 N 5th StMinneapolis, MN 55401
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$1,625 - $2,155
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,620 - $2,150
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Satori Apartments
835 W Broadway AveMinneapolis, MN 55411
1616 Emerson Ave N
MinneapolisMN55411
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$1,725 - $2,630
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Copham - Minneapolis North Loop
607 N Washington AveMinneapolis, MN 55401
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$1,805 - $1,950
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1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,805 - $1,950
Total Monthly Price
$1,805 - $1,950
Gaar Scott Historic Lofts
614 N 1st StMinneapolis, MN 55401
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$1,900
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available May 1Total Monthly Price
Base Rent
$1,900
Total Monthly Price
$1,900
1407 Girard Ave N, Unit 2, Unit 2
1407 Girard Ave NMinneapolis, MN 55411
1647 N Penn Ave, Unit 1647 FL 1, Unit 1647 FL 1
1647 N Penn Ave
MinneapolisMN55411
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1 to 3 Bedroom Apartments
Emerson
1600 N Emerson AveMinneapolis, MN 55411
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 Wirth
801 N 21st AveMinneapolis, MN 55411
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Studio to 2 Bedroom Apartments
The Cameron North Loop
756 N 4th StMinneapolis, MN 55401
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Studio to 3 Bedroom Apartments
416 Lofts
416 10th Ave NMinneapolis, MN 55401
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1 to 4 Bedroom Apartments
Olson Park Apartments
1301 Olson Memorial HwyMinneapolis, MN 55405
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Studio to 2 Bedroom Apartments
Dock Street Flats
337 N Washington AveMinneapolis, MN 55401
1015 N Humboldt Ave
MinneapolisMN55411
1500 W Broadway
MinneapolisMN55411
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Studio to 2 Bedroom Apartments
NoLo South
701 N 2nd 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.
1805 New York Ave
MinneapolisMN55411
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 | $1,451 | $830 | $2,072 |
| Near North 1 Bedroom Apartments | $1,768 | $691 | $3,100 |
| Near North 2 Bedroom Apartments | $2,649 | $823 | $8,797 |
| Near North 3 Bedroom Apartments | $1,998 | $945 | $4,568 |
| Near North 4 Bedroom Apartments | $1,729 | $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 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 1 Bed unit found at Aldrich Apartments | Near I-94 & Theodore Wirth priced from $875. The Cameron North Loop has the second lowest priced unit, which is a Studio apartment currently listed from $985. Here are the most affordable Near North apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Aldrich Apartments | Near I-94 & Theodore Wirth | Standard 1BR | 1BR,1BA | $875 |
| The Cameron North Loop | Studio - D | Studio,1BA | $985 |
| The Redwell | Prairie Spy | Studio,1BA | $1,125 |
| Duffey Lofts | A9 | Studio,1BA | $1,193 |
| Park Plaza | Two Bedroom | 2BR,1BA | $1,275 |
| 1115 Humboldt Ave N | 3-bedroom | 3BR,1BA | $1,300 |
| NoLo Living | NoLo East - S3 | Studio,1BA | $1,354 |
| The Hall Lofts | A9 | Studio,1BA | $1,368 |
| Viridium Apartments | Olive | Studio,1BA | $1,403 |
| Junction Flats | Light Rail l | Studio,1BA | $1,464 |
Best Value Apartments for Rent in Near North, MN
As of April 28, 2026 the best value apartment in the 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 Near North apartment is the Beard Model at ElseWarehouse in the North Loop starting at $2,675 with a $2.59 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/2.0BA | 2BR,2BA | $1.74 |
| ElseWarehouse in the North Loop | Beard | 2BR,1BA | $2.59 |
| Mill City Apartments | The Nicollet | 2BR,2BA | $2.24 |
| The Copham - Minneapolis North Loop | C2 | 2BR,1BA | $2.55 |
| 1115 Humboldt Ave N | 3-bedroom | 3BR,1BA | $1.44 |
| Gaar Scott Historic Lofts | 1 Bedroom | 1BR,1BA | $2.11 |
| Park Plaza | Two Bedroom | 2BR,1BA | $1.49 |
| Satori Apartments | Zeolite (1 + Den) | 1BR,1BA | $2.12 |
| Aldrich Apartments | Near I-94 & Theodore Wirth | Standard 1BR | 1BR,1BA | $1.17 |
| 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.
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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.
Read ArticleThe 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 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.
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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
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
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 $1,464.
What is the price of a cheap apartment in Near North?
The cheapest apartment in Near North is Aldrich Apartments | Near I-94 & Theodore Wirth which is listed at $875, while the average apartment in Near North costs $2,595.
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 5 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
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.
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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.
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Written by: Lauren Harrington
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