
Cheap Apartments for Rent in the North Loop Neighborhood of Minneapolis, MN from $800 (67 Rentals)
Search the lowest-cost Apartments available for rent right now in the North Loop area of Minneapolis.


Hawthorne Gates

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The Redwell

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LaSalle Apartments

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City Place Lofts

Laurel Village

17 S 1st St

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Variant

15 S 1st St

Duffey Lofts
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The Metro Apartments

Groove Lofts

Soo Line

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NoLo Living

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Viridium Apartments

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The Hall Lofts

Robitshek Lofts

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Third North Apartments

Intersect

The Palmer
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The Paxon

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Velo

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270 Hennepin

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Junction Flats

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Maverick

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4Marq

Second & Second

Creamette Historic Lofts

15 S 1st St, Unit A1504

2nd Street Lofts
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Gaar Scott Historic Lofts

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365 Nicollet

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The Archive

The Copham

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NIC on 5th

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Vesi

290 Market St

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Gurley Lofts

121 Washington Ave S

121 Washington Ave S, Unit 440
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718 N Washington Ave

618 N Washington Ave

497 S Marquette Ave

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Borealis Apartments

ElseWarehouse in the North Loop

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Phoenix North Loop

Mill City Apartments

801 Washington Ave N, Unit 801 Washington Lofts

700 N Washington Ave

400 N 1st St
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North Loop, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in North Loop?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Loop Studio Apartments | $1,471 | $820 | $2,347 |
| North Loop 1 Bedroom Apartments | $1,952 | $1,085 | $2,995 |
| North Loop 2 Bedroom Apartments | $2,847 | $1,625 | $8,025 |
| North Loop 3 Bedroom Apartments | $6,680 | $4,049 | $9,745 |
Browse Apartments in this Neighborhood
There are currently 67 rentals with your search options within a 2 mile radius of the North Loop Neighborhood of Minneapolis, MN.
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North Loop, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
- Nearby Cities
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- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hawthorne Gates | Concord Studio | Studio,1BA | $850 |
| The Cameron North Loop | Studio - B | Studio,1BA | $995 |
| The Redwell | Prairie Spy | Studio,1BA | $995 |
| The Metro Apartments | SA | Studio,1BA | $1,300 |
| Shelby Commons | 2 Bdrm | 2BR,1BA | $1,338 |
| The Hall Lofts | A9 | Studio,1BA | $1,343 |
| Groove Lofts | Aretha | Studio,1BA | $1,351 |
| Viridium Apartments | Bayside | Studio,1BA | $1,380 |
| Third North Apartments | Las Vegas - SG | Studio,1BA | $1,402 |
| Intersect | 1C | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 416 Lofts | Type B | 2BR,1BA | $1.15 |
| Phoenix North Loop | 2BR/2.0BA | 2BR,2BA | $1.71 |
| Churchill | 2 Bedroom 02 | 2BR,2BA | $1.92 |
| Creamette Historic Lofts | 2 Bedroom 2 Bath | 2BR,2BA | $1.48 |
| The Metro Apartments | 2A | 2BR,1BA | $1.93 |
| Lee Lofts | Cowboy | 1BR,1BA | $1.72 |
| Gaar Scott Historic Lofts | 1 Bedroom | 1BR,1BA | $1.70 |
| Shelby Commons | 2 Bdrm | 2BR,1BA | $1.41 |
| Gurley Lofts | Buttercream | 1BR,1BA | $2.11 |
| Hawthorne Gates | Concord Studio | Studio ,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.
Read ArticleEnjoy 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.
Pet Friendly LifestyleNorth Loop, Minneapolis, MN
Ranked #76
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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

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
Written by: Stephanie Lica
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.