2006 N Penn Ave
MinneapolisMN55411
Cheap Homes for Rent in Near North Neighborhood of Minneapolis, MN from $1,200 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Near North area of Minneapolis.
1600 N Irving Ave
MinneapolisMN55411
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$1,9003 Bedroom Apartments Available Jun 15
1237 Knox Ave N, Unit 1237
1237 Knox Ave NMinneapolis, MN 55411
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.
718 N Washington Ave
MinneapolisMN55401
618 N Washington Ave
MinneapolisMN55401
903 N Newton 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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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 a home in Near North?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Near North 2 Bedroom Homes for Rent | $2,550 | $1,275 | $4,250 |
| Near North 3 Bedroom Homes for Rent | $2,195 | $2,195 | $2,195 |
| Near North 4 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
| Near North 6 Bedroom Homes for Rent | $3,095 | $3,095 | $3,095 |
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 6 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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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. 801 N 21St Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. 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 |
| 801 N 21St Ave | Standard 1BR | 1BR,1BA | $875 |
| The Redwell | Prairie Spy | Studio,1BA | $995 |
Best Value Apartments for Rent in Near North, MN
As of June 14, 2026 the best value apartment in the Near North area is the $1.29 price per square foot 1407 Girard Ave N Model at 1407 Girard Ave N, Unit 2 in the in the Greater Near North neighborhood starting from $1,900. The second greatest value Near North apartment is the Type B Model at 416 Lofts starting at $1,495 with a $1.15 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. |
|---|---|---|---|
| 1407 Girard Ave N, Unit 2 | 1407 Girard Ave N | 2BR,1BA | $1.29 |
| 416 Lofts | Type B | 2BR,1BA | $1.15 |
| Phoenix North Loop | 2BR/2.0BA | 2BR,2BA | $1.71 |
| Gaar Scott Historic Lofts | 1 Bedroom | 1BR,1BA | $1.70 |
| Gurley Lofts | Buttercream | 1BR,1BA | $2.11 |
| 1115 Humboldt Ave N | 3-bedroom | 3BR,1BA | $1.44 |
| 801 N 21St Ave | Standard 1BR | 1BR,1BA | $1.17 |
| Satori Apartments | Basalt | 1BR,1BA | $2.29 |
| The Redwell | Keepsake | Studio ,1BA | $2.44 |
| The Cameron North Loop | Studio - B | Studio ,1BA | $2.39 |
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 Article
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.
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 #125
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 Near North
What type of rentals are currently available in Near North?
There are currently 94 Apartments for Rent in Near North, MN with pricing that ranges from $840 to $8,169. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near North ranging from $1,275 to $4,250.
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 $1,275 to $4,250 with an average monthly rent of $2,496.
How much are larger Three and Four Bedroom Rentals in Near North?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Near North range from $1,300 to $4,568, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,195 to $2,195. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,099.
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
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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.
Articles, How-To's, and Tips
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.