
Cheap Homes for Rent in Near North Neighborhood of Minneapolis, MN from $1,500 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Near North area of Minneapolis.

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.

1016 N Newton Ave
When Life Happens: Your Options for Ending a Rental Lease Early
Unexpected life events can force you to break your lease. Learn how to communicate with your landlord, negotiate a solution, and understand your legal options for early termination.
Near North, Minneapolis, MN Local Guide

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 | $2,497 | $1,550 | $3,195 |
Near North 3 Bedroom Homes for Rent | $1,795 | $1,795 | $1,795 |
Near North 5 Bedroom Homes for Rent | $2,385 | $2,385 | $2,385 |
Browse Homes for Rent in this Neighborhood
There are currently 2 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 August 01, 2025 the best value apartment in the Near North area is the $2.27 price per square foot R Model at The Palmer in the in the Greater Central neighborhood starting from $2,810. The second greatest value Near North apartment is the B Model at 416 10th Ave starting at $1,850 with a $1.68 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. |
---|---|---|---|
The Palmer | R | 2BR,2BA | $2.27 |
416 10th Ave | B | 2BR,1BA | $1.68 |
Gaar Scott Historic Lofts | 1 Bedroom Loft | 1BR,1BA | $1.83 |
Mill City Apartments | The St. Anthony | 1BR,1BA | $2.26 |
Satori | Basalt | 1BR,1BA | $1.97 |
Gurley Lofts | S-B | Studio ,1BA | $2.32 |
Dock Street Flats | Pilsbury D | Studio ,1BA | $2.83 |
Park Plaza | One Bedroom | 1BR,1BA | $1.86 |
The Cameron North Loop | Studio - B | Studio ,1BA | $2.68 |
The Redwell | Prairie Spy | Studio ,1BA | $2.97 |
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Frequently Asked Questions about Near North
What type of rentals are currently available in Near North?
There are currently 90 Apartments for Rent in Near North, MN with pricing that ranges from $875 to $9,209. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near North ranging from $1,550 to $3,195.
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 $1,550 to $3,195 with an average monthly rent of $2,293.
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.