
Cheap Apartments for Rent in the North Loop Neighborhood of Minneapolis, MN from $500 (65 Rentals)
Search the lowest-cost Apartments available for rent right now in the North Loop area of Minneapolis.


Hawthorne Gates

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LaSalle Apartments

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City Place Lofts

Laurel Village

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Variant

Duffey Lofts

The Metro Apartments

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Third North Apartments

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The Redwell
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

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The Hall Lofts

The Palmer

Groove Lofts

Soo Line

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Viridium Apartments

Creamette Historic Lofts

Robitshek Lofts

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270 Hennepin

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NoLo Living

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Maverick
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Intersect

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The Paxon

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NIC on 5th

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Gurley Lofts

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Velo

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Junction Flats

Mill City Apartments

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4Marq

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121 S Washington Ave, Unit 14th floor

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Phoenix North Loop
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.

Second & Second

2nd Street Lofts

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Vesi

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The Archive

The Copham - Minneapolis North Loop

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365 Nicollet

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Gaar Scott Historic Lofts

718 N Washington Ave

618 N Washington Ave

ElseWarehouse in the North Loop
North Loop - One of the Best Affordable Neighborhoods in Minneapolis
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

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Borealis Apartments

660 N 2nd St

720 N 4th St

19 1st St S, Unit B308

121 Washington Ave S

918 N 3rd St

Shelby Commons

1302 Linden

416 Lofts

The Cameron North Loop
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $1,466 | $820 | $2,149 |
| North Loop 1 Bedroom Apartments | $1,945 | $1,085 | $2,974 |
| North Loop 2 Bedroom Apartments | $2,862 | $1,625 | $7,225 |
| North Loop 3 Bedroom Apartments | $6,063 | $3,712 | $9,841 |
Browse Apartments in this Neighborhood
There are currently 65 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
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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. 416 Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $970. 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 |
| 416 Lofts | Type D | Studio,1BA | $970 |
| City Place Lofts | Portland (Studio A60) | Studio,1BA | $1,044 |
| The Cameron North Loop | 1 BR - E | 1BR,1BA | $1,275 |
| Third North Apartments | Aspen - SF | Studio,1BA | $1,308 |
| The Redwell | Prairie Spy | Studio,1BA | $1,312 |
| The Hall Lofts | A5 | Studio,1BA | $1,317 |
| Groove Lofts | Andy | Studio,1BA | $1,338 |
| Viridium Apartments | Bayside | Studio,1BA | $1,383 |
| Creamette Historic Lofts | 1 Bedroom | 1BR,1BA | $1,395 |
Best Value Apartments for Rent in North Loop, MN
As of July 28, 2026 the best value apartment in the North Loop area is the $2.26 price per square foot 2BR/2.0BA Model at Phoenix North Loop in the in the Greater Central neighborhood starting from $2,399. The second greatest value North Loop apartment is the Lemon Drop Model at Gurley Lofts starting at $2,442 with a $2.33 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. |
|---|---|---|---|
| Phoenix North Loop | 2BR/2.0BA | 2BR,2BA | $2.26 |
| Gurley Lofts | Lemon Drop | 2BR,1BA | $2.33 |
| Lee Lofts | Cowboy | 1BR,1BA | $1.72 |
| 2nd Street Lofts | Harriet - Flat | 1BR,1BA | $2.39 |
| Creamette Historic Lofts | 1 Bedroom | 1BR,1BA | $2.01 |
| The Cameron North Loop | 1 BR - B | 1BR,1BA | $2.32 |
| Soo Line | V2 | 1BR,1BA | $2.48 |
| City Place Lofts | Portland (Studio A60) | Studio ,1BA | $2.24 |
| 416 Lofts | Type D | Studio ,1BA | $2.43 |
| 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 #83
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 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 $1,085 at Hawthorne Gates.
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 $1,480 at 416 Lofts.
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

Authentic Minneapolis: An Insider's 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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.