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2 Bedroom Apartments Available Now1826 N Penn Ave
1826 N Penn AveMinneapolis, MN 55411
Cheap Homes for Rent in Near North Neighborhood of Minneapolis, MN from $1,600 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Near North area of Minneapolis.
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Near North, Minneapolis, MN Local Guide
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in Minneapolis by Flickr User: mulad is licensed under CC BY 2.0
How much does it cost to rent a home in Near North?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Near North 2 Bedroom Homes for Rent | $2,693 | $1,650 | $3,750 |
| Near North 3 Bedroom Homes for Rent | $1,895 | $1,895 | $1,895 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Near North Neighborhood of Minneapolis, MN.
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Near North, Minneapolis, MN Local Guide
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Best Value Apartments for Rent in Near North, MN
As of October 07, 2025 the best value apartment in the Near North area is the $3.09 price per square foot Steel | Penthouse Model at Viridium Apartments in the in the Greater Central neighborhood starting from $5,570. The second greatest value Near North apartment is the Type B Model at 416 Flats starting at $1,595 with a $1.23 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. |
|---|---|---|---|
| Viridium Apartments | Steel | Penthouse | 3BR,2BA | $3.09 |
| 416 Flats | Type B | 2BR,1BA | $1.23 |
| 621 Morgan Ave N, Unit 1 | 621 Morgan Ave N | 2BR,1BA | $1.31 |
| ElseWarehouse in the North Loop | Bryn Mawr | 2BR,1BA | $2.47 |
| Gaar Scott Historic Lofts | 1 Bedroom | 1BR,1BA | $2.18 |
| Satori | Basalt | 1BR,1BA | $1.96 |
| The Palmer | L | 1BR,1BA | $2.51 |
| Junction Flats | Light Rail lll | Studio ,1BA | $2.91 |
| The Redwell | Prairie Spy | Studio ,1BA | $2.97 |
| The Cameron North Loop | Studio - E | Studio ,1BA | $3.00 |
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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
Frequently Asked Questions about Near North
What type of rentals are currently available in Near North?
There are currently 95 Apartments for Rent in Near North, MN with pricing that ranges from $691 to $5,570. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near North ranging from $1,650 to $3,750.
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 $1,650 to $3,750 with an average monthly rent of $2,294.
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.
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.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.