Cheap Homes for Rent in the Near North Neighborhood of Minneapolis, MN from $1,400 (5 Rentals)

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

property at 815 N Logan Ave

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 1 Bath Townhome for Rent

Available Sep 1

815 N Logan Ave

MinneapolisMN55412
property at 1015 N Humboldt Ave

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1015 N Humboldt Ave

MinneapolisMN55411

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.

property at 621 N Morgan Ave

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

2 Bedroom, 1 Bath Townhome for Rent

Available Now

621 N Morgan Ave

MinneapolisMN55411
property at 660 N 2nd St

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

1 Bedroom, 1 Bath Home for Rent

Available Now

660 N 2nd St

MinneapolisMN55401

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.

property at 728 N 3rd St

$2,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Home for Rent

Available Now

728 N 3rd St

MinneapolisMN55401

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 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 ListingModel NameBed/BathPriced From
Aster Apartments0BR/1.0BAStudio,1BA$840
416 LoftsType DStudio,1BA$970
Park PlazaOne Bedroom1BR,1BA$1,020

Best Value Apartments for Rent in Near North, MN

As of July 30, 2026 the best value apartment in the Near North area is the $2.26 price per square foot 2BR/2.0BA Model at Phoenix North Loop in the in the Greater Central neighborhood starting from $2,399. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Phoenix North Loop2BR/2.0BA2BR,2BA$2.26
Gurley LoftsLemon Drop2BR,1BA$2.33
Peregrine2 Bedroom C- ADA HV2BR,2BA$2.15
1115 Humboldt Ave N3-bedroom3BR,1BA$1.44
Satori ApartmentsZeolite (1 + Den)1BR,1BA$2.10
The Copham - Minneapolis North LoopG11BR,1BA$2.71
The Cameron North Loop1 BR - B1BR,1BA$2.32
The PalmerL1BR,1BA$2.48
Park PlazaOne Bedroom1BR,1BA$1.85
416 LoftsType DStudio ,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.

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Real 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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Pet Friendly Lifestyle
Near North, Minneapolis, MN

Ranked #126

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Near North

What type of rentals are currently available in Near North?

There are currently 83 Apartments for Rent in Near North, MN with pricing that ranges from $840 to $4,638. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near North ranging from $1,495 to $2,995.

What is the current price range for Rental Homes in Near North?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Near North ranges from $1,495 to $2,995 with an average monthly rent of $2,436.

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

decorative image for Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes article

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.

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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.

decorative image for Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters article

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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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

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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.

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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.

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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.

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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.