Cheap Apartments for Rent in the North Loop Neighborhood of Minneapolis, MN from $800 (67 Rentals)

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

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The Redwell
Rent Specials
$995 - $1,234
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$995 - $1,234

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

The Redwell

1020 3rd St NMinneapolis, MN 55401
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LaSalle Apartments
Rent Specials
$1,014 - $1,684
Total Monthly Price

Total Monthly Price

Base Rent
$999 - $1,669
Required Monthly Fees
$15

Total Monthly Price
$1,014 - $1,684
Studio to 1 Bedroom Apartments Available Aug 1

LaSalle Apartments

36 S 9th StMinneapolis, MN 55402
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City Place Lofts
Rent Specials
$1,044
Total Monthly Price

Total Monthly Price

Base Rent
$1,040
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Jul 1

City Place Lofts

730 Hennepin AveMinneapolis, MN 55403
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Laurel Village
Rent Specials
$1,100 - $2,500
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Contact Us For Availability

Laurel Village

1254 Hennepin Ave NMinneapolis, MN 55403
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property at 17 S 1st St

$1,200 - $1,250

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200 - $1,250

Total Monthly Price
$1,200 - $1,250

Studio, 1 Bath Condo for Rent

Available Now

17 S 1st St

MinneapolisMN55401
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Variant
$1,284 - $11,801
Total Monthly Price

Total Monthly Price

Base Rent
$1,284 - $11,801

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Variant

315 N 7th AveMinneapolis, MN 55401
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property at 15 S 1st St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

Studio, 1 Bath Home for Rent

Available Now

15 S 1st St

MinneapolisMN55401

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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NoLo Living
$1,332 - $2,683
Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $2,651
Required Monthly Fees
$32

Total Monthly Price
$1,332 - $2,683
Studio to 2 Bedroom Apartments Available Jun 17

NoLo Living

815 N 2nd StMinneapolis, MN 55401
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Viridium Apartments
Rent Specials
$1,332 - $1,752
Total Monthly Price

Total Monthly Price

Base Rent
$1,324 - $1,744
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Viridium Apartments

721 N Third StMinneapolis, MN 55401
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The Hall Lofts
Rent Specials
$1,343 - $4,568
Total Monthly Price

Total Monthly Price

Base Rent
$1,325 - $4,550
Required Monthly Fees
$18

Total Monthly Price
$1,343 - $4,568
Studio to 3 Bedroom Apartments Available Now

The Hall Lofts

608 N 3rd StMinneapolis, MN 55403
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Third North Apartments
$1,402 - $1,790
Total Monthly Price

Total Monthly Price

Base Rent
$1,394 - $1,782
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Third North Apartments

800 N 3rd StMinneapolis, MN 55401
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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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The Paxon
$1,452 - $3,228
Total Monthly Price

Total Monthly Price

Base Rent
$1,447 - $3,223
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Paxon

360 N 1st StMinneapolis, MN 55401
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Velo
$1,519 - $3,067
Total Monthly Price

Total Monthly Price

Base Rent
$1,514 - $3,062
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Jul 7

Velo

115 N 2nd StMinneapolis, MN 55401
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270 Hennepin
$1,471 - $17,399
Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $17,328
Required Monthly Fees
$71

Total Monthly Price
$1,471 - $17,399
Studio to 3 Bedroom Apartments Available Now

270 Hennepin

270 Hennepin AveMinneapolis, MN 55402
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Junction Flats
$1,494 - $7,271
Total Monthly Price

Total Monthly Price

Base Rent
$1,494 - $7,271

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Junction Flats

643 N 5th StMinneapolis, MN 55401
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Maverick
$1,523 - $5,058
Total Monthly Price

Total Monthly Price

Base Rent
$1,515 - $5,050
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Maverick

120 Hennepin AveMinneapolis, MN 55401
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4Marq
Rent Specials
$1,568 - $7,108
Total Monthly Price

Total Monthly Price

Base Rent
$1,550 - $7,090
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

4Marq

400 Marquette AveMinneapolis, MN 55401
Corporate Housing
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property at 15 S 1st St

$1,625

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,625

Total Monthly Price
$1,625

1 Bedroom, 1 Bath Condo for Rent

Available Now

15 S 1st St, Unit A1504

15 S 1st St
MinneapolisMN55401

Cash 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.

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365 Nicollet
$1,702 - $18,540
Total Monthly Price

Total Monthly Price

Base Rent
$1,694 - $18,532
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

365 Nicollet

365 Nicollet MallMinneapolis, MN 55401
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The Archive
Rent Specials
$1,764 - $3,974
Total Monthly Price

Total Monthly Price

Base Rent
$1,589 - $3,799
Required Monthly Fees
$175

Total Monthly Price
$1,764 - $3,974
Studio to 2 Bedroom Apartments Available Now

The Archive

110 N 1st StMinneapolis, MN 55401
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NIC on 5th
$1,880 - $7,010
Total Monthly Price

Total Monthly Price

Base Rent
$1,880 - $7,010

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

NIC on 5th

465 Nicollet MallMinneapolis, MN 55401
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Vesi
$1,883 - $6,215
Total Monthly Price

Total Monthly Price

Base Rent
$1,875 - $6,207
Required Monthly Fees
$8

Total Monthly Price
$1,883 - $6,215
Studio to 2 Bedroom Apartments Available Jul 17

Vesi

730 1/2 N 1st StMinneapolis, MN 55401
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property at 290 Market St

$1,895 - $4,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

1 To 2 Bedroom Rentals

Available Now

290 Market St

MinneapolisMN55405
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Gurley Lofts
$1,945 - $2,442
Total Monthly Price

Total Monthly Price

Base Rent
$1,937 - $2,434
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Gurley Lofts

254 9th Ave NMinneapolis, MN 55401
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property at 121 Washington Ave S

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

2 Bedroom, 1 Bath Home for Rent

Available Now

121 Washington Ave S

MinneapolisMN55401
property at 121 Washington Ave S

$1,995

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

2 Bedroom, 2 Bath Condo for Rent

Available Now

121 Washington Ave S, Unit 440

121 Washington Ave S
MinneapolisMN55401

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.

property at 718 N Washington Ave

$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 Jul 6

718 N Washington Ave

MinneapolisMN55401
property at 618 N Washington Ave

$1,995 - $2,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

1 Bedroom Rentals

Available Jun 15

618 N Washington Ave

MinneapolisMN55401
property at 497 S Marquette Ave

$2,160 - $4,995

Total Monthly Price

Total Monthly Price

Base Rent
$2,160

Total Monthly Price
$2,160

1 To 2 Bedroom Rentals

Available Now

497 S Marquette Ave

MinneapolisMN55401
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Borealis Apartments
$2,169 - $3,069
Total Monthly Price

Total Monthly Price

Base Rent
$1,969 - $2,869
Required Monthly Fees
$200

Total Monthly Price
$2,169 - $3,069
1 to 2 Bedroom Apartments Available Now

Borealis Apartments

721 N 1st StMinneapolis, MN 55401
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Phoenix North Loop
$2,199 - $2,799
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$2,199 - $2,799

Total Monthly Price
$2,199 - $2,799
2 Bedroom Apartments Available Now

Phoenix North Loop

915 Washington Ave NMinneapolis, MN 55401
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property at 801 Washington Ave N

$2,250

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,250

Total Monthly Price
$2,250

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

801 Washington Ave N, Unit 801 Washington Lofts

801 Washington Ave N
MinneapolisMN55401
property at 700 N Washington Ave

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250

Total Monthly Price
$2,250

1 Bedroom Rentals

Unavailable

700 N Washington Ave

MinneapolisMN55401
property at 400 N 1st St

$2,395

Total Monthly Price

Total Monthly Price

Base Rent
$2,395

Total Monthly Price
$2,395

1 Bedroom, 1 Bath Home for Rent

Unavailable

400 N 1st St

MinneapolisMN55401

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

North Loop, Minneapolis, MN Local Guide

Cheapest Available North Loop Apartments for Rent

 

The cheapest available apartment rental in the North Loop area of Minneapolis, MN is a Studio unit found at Hawthorne Gates priced from $850. The Cameron North Loop has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable North Loop apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Hawthorne GatesConcord StudioStudio,1BA$850
The Cameron North LoopStudio - BStudio,1BA$995
The RedwellPrairie SpyStudio,1BA$995
The Metro ApartmentsSAStudio,1BA$1,300
Shelby Commons2 Bdrm2BR,1BA$1,338
The Hall LoftsA9Studio,1BA$1,343
Groove LoftsArethaStudio,1BA$1,351
Viridium ApartmentsBaysideStudio,1BA$1,380
Third North ApartmentsLas Vegas - SGStudio,1BA$1,402
Intersect1C1BR,1BA$1,444

Best Value Apartments for Rent in North Loop, MN

As of June 13, 2026 the best value apartment in the North Loop area is the $1.15 price per square foot Type B Model at 416 Lofts in the in the Greater Central neighborhood starting from $1,495. The second greatest value North Loop apartment is the 2BR/2.0BA Model at Phoenix North Loop starting at $2,199 with a $1.71 price per square foot in the Greater Central neighborhood. Here is today’s list of the best values for North Loop apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
416 LoftsType B2BR,1BA$1.15
Phoenix North Loop2BR/2.0BA2BR,2BA$1.71
Churchill2 Bedroom 022BR,2BA$1.92
Creamette Historic Lofts2 Bedroom 2 Bath2BR,2BA$1.48
The Metro Apartments2A2BR,1BA$1.93
Lee LoftsCowboy1BR,1BA$1.72
Gaar Scott Historic Lofts1 Bedroom1BR,1BA$1.70
Shelby Commons2 Bdrm2BR,1BA$1.41
Gurley LoftsButtercream1BR,1BA$2.11
Hawthorne GatesConcord StudioStudio ,1BA$2.15

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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Quick 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 Lifestyle
North Loop, Minneapolis, MN

Ranked #76

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Minneapolis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, places to raise kids, raising pets, transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap North Loop Apartments

What is a cheap apartment in North Loop?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Loop is under $1,444.

What is the price of a cheap apartment in North Loop?

The cheapest apartment in North Loop is Hawthorne Gates which is listed at $1,085, while the average apartment in North Loop costs $5,548.

What types of apartments are the cheapest in North Loop?

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 9 regular apartments in North Loop that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in North Loop?

Cheap apartments in North Loop have an average cost of $135 which is $5,413 cheaper than the average rent for all rentals in North Loop.

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

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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.

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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.

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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.

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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

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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.

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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.

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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.

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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.