Cheap Apartments for Rent in the North Loop Neighborhood of Minneapolis, MN from $600 (28 Rentals)

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

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 270 Hennepin Ave

270 Hennepin Ave

MinneapolisMN55401

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 15 S 1st St

15 S 1st St

MinneapolisMN55401
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Shelby Commons
1 to 2 Bedroom Apartments

Shelby Commons

188 Glenwood AveMinneapolis, MN 55405
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1302 Linden
1 Bedroom Apartments

1302 Linden

1302 Linden AveMinneapolis, MN 55403
  • Utilities Included
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The Redwell
Studio to 1 Bedroom Apartments

The Redwell

1020 3rd St NMinneapolis, MN 55401

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 15 S 1st St

15 S 1st St

MinneapolisMN55401
Showing Results 1-28, Page 1 of 1

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 1 Bed unit found at Shelby Commons priced from $624. Hawthorne Gates has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable North Loop apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Shelby CommonsOne Bedroom1BR,1BA$624
Hawthorne GatesConcord StudioStudio,1BA$850
416 10th AveDStudio,1BA$1,000
The Cameron North LoopStudio - AStudio,1BA$1,045
The RedwellHoneycrispStudio,1BA$1,050
Laurel VillageHistoric StudioStudio,1BA$1,095
City Place LoftsHennepin (1 Bedroom C60)1BR,1BA$1,194
Duffey LoftsA4Studio,1BA$1,263
NoLo LivingNoLo East - S1.3Studio,1BA$1,268
Dock Street FlatsPilsbury BStudio,1BA$1,295

Best Value Apartments for Rent in North Loop, MN

As of June 14, 2025 the best value apartment in the North Loop area is the $1.82 price per square foot 2 Bedroom 02 Model at Churchill in the in the Greater Central neighborhood starting from $2,092. The second greatest value North Loop apartment is the 1 Bedroom +Den Model at Laurel Village starting at $1,705 with a $1.69 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.
Churchill2 Bedroom 022BR,2BA$1.82
Laurel Village1 Bedroom +Den1BR,1BA$1.69
Creamette Historic Lofts2 Bedrooms2BR,1BA$1.73
SECOND AND SECONDNicollet 3-Accessible1BR,1BA$2.23
Gaar Scott Historic Lofts1 Bedroom1BR,1BA$2.18
Mill City ApartmentsThe St. Anthony1BR,1BA$2.29
Shelby CommonsOne Bedroom1BR,1BA$0.90
City Place LoftsChicago (1 Bedroom F60)1BR,1BA$1.82
Gurley LoftsS-BStudio ,1BA$2.32
Hawthorne GatesConcord StudioStudio ,1BA$2.15

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 #64

Among neighborhoods in Minneapolis, MN 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.

Getting Around the North Loop Neighborhood in Minneapolis, MN

Walk Score®

83 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

93 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

75 / 100

Excellent Transit

Transit is convenient for most trips

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap North Loop Apartments

What is the Cheapest Studio apartment in North Loop?

Currently the most affordable Cheap Studio Apartment in North Loop is at Hawthorne Gates listed at $850.

How much is rent for a Cheap One Bedroom North Loop Apartment?

The lowest price for a Cheap One Bedroom North Loop Apartment is $624 at Shelby Commons.

What is the lowest price for a Cheap Two Bedroom North Loop Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in North Loop is starting from $742 at Shelby Commons.

What is the most affordable North Loop Three Bedroom Apartment?

The best deal on a cheap North Loop Three Bedroom Apartment rental is at 4Marq and starts from $3,985.

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.

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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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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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.