Cheap Apartments for Rent in the North Loop Neighborhood of Minneapolis, MN from $500 (65 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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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 14

LaSalle Apartments

36 S 9th StMinneapolis, MN 55402
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City Place Lofts
Rent Specials
$1,044 - $1,249
Total Monthly Price

Total Monthly Price

Base Rent
$1,040 - $1,245
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

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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Variant
$1,259 - $3,009
Total Monthly Price

Total Monthly Price

Base Rent
$1,259 - $3,009

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Variant

315 N 7th AveMinneapolis, MN 55401
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Third North Apartments
$1,304 - $1,857
Total Monthly Price

Total Monthly Price

Base Rent
$1,296 - $1,849
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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The Redwell
$1,312
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,312

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

The Redwell

1020 3rd St NMinneapolis, MN 55401
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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
Rent Specials
$1,317 - $3,490
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $3,472
Required Monthly Fees
$18

Total Monthly Price
$1,317 - $3,490
Studio to 2 Bedroom Apartments Available Now

The Hall Lofts

608 N 3rd StMinneapolis, MN 55403
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Viridium Apartments
Rent Specials
$1,383 - $4,638
Total Monthly Price

Total Monthly Price

Base Rent
$1,375 - $4,630
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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270 Hennepin
$1,403 - $7,575
Total Monthly Price

Total Monthly Price

Base Rent
$1,332 - $7,504
Required Monthly Fees
$71

Total Monthly Price
$1,403 - $7,575
Studio to 3 Bedroom Apartments Available Now

270 Hennepin

270 Hennepin AveMinneapolis, MN 55402
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NoLo Living
Rent Specials
$1,427 - $2,549
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $2,517
Required Monthly Fees
$32

Total Monthly Price
$1,427 - $2,549
Studio to 2 Bedroom Apartments Available Now

NoLo Living

815 N 2nd StMinneapolis, MN 55401
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Maverick
$1,428 - $4,698
Total Monthly Price

Total Monthly Price

Base Rent
$1,420 - $4,690
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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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
$1,470 - $2,775
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $2,700
Required Monthly Fees
$75

Total Monthly Price
$1,470 - $2,775
1 to 2 Bedroom Apartments Available Now

Intersect

310 N 2nd StMinneapolis, MN 55401
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The Paxon
$1,475 - $3,373
Total Monthly Price

Total Monthly Price

Base Rent
$1,470 - $3,368
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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NIC on 5th
$1,485 - $8,525
Total Monthly Price

Total Monthly Price

Base Rent
$1,485 - $8,525

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

NIC on 5th

465 Nicollet MallMinneapolis, MN 55401
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Gurley Lofts
$1,505 - $2,453
Total Monthly Price

Total Monthly Price

Base Rent
$1,497 - $2,445
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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Velo
$1,516 - $3,354
Total Monthly Price

Total Monthly Price

Base Rent
$1,511 - $3,349
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Velo

115 N 2nd StMinneapolis, MN 55401
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Junction Flats
$1,526 - $7,340
Total Monthly Price

Total Monthly Price

Base Rent
$1,526 - $7,340

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Aug 22

Junction Flats

643 N 5th StMinneapolis, MN 55401
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4Marq
Rent Specials
$1,668 - $3,573
Total Monthly Price

Total Monthly Price

Base Rent
$1,650 - $3,555
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Aug 12

4Marq

400 Marquette AveMinneapolis, MN 55401
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Phoenix North Loop
$1,699 - $2,699
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$1,699 - $2,699

Total Monthly Price
$1,699 - $2,699
1 to 2 Bedroom Apartments Available Now

Phoenix North Loop

915 Washington Ave NMinneapolis, MN 55401
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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.

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Vesi
$1,779 - $3,443
Total Monthly Price

Total Monthly Price

Base Rent
$1,771 - $3,435
Required Monthly Fees
$8

Total Monthly Price
$1,779 - $3,443
Studio to 2 Bedroom Apartments Available Now

Vesi

730 1/2 N 1st StMinneapolis, MN 55401
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The Archive
Rent Specials
$1,794 - $4,004
Total Monthly Price

Total Monthly Price

Base Rent
$1,619 - $3,829
Required Monthly Fees
$175

Total Monthly Price
$1,794 - $4,004
Studio to 2 Bedroom Apartments Available Now

The Archive

110 N 1st StMinneapolis, MN 55401
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365 Nicollet
Rent Specials
$1,864 - $15,317
Total Monthly Price

Total Monthly Price

Base Rent
$1,856 - $15,309
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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property at 618 N Washington Ave

$1,950 - $2,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

1 Bedroom Rentals

Available Now

618 N Washington Ave

MinneapolisMN55401

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
$2,149 - $3,499
Total Monthly Price

Total Monthly Price

Base Rent
$1,949 - $3,299
Required Monthly Fees
$200

Total Monthly Price
$2,149 - $3,499
1 to 2 Bedroom Apartments Available Now

Borealis Apartments

721 N 1st StMinneapolis, MN 55401
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property at 660 N 2nd St

$2,150

Total Monthly Price

Total Monthly Price

Base Rent
$2,150

Total Monthly Price
$2,150

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

660 N 2nd St

MinneapolisMN55401
property at 720 N 4th St

$2,150 - $2,595

Total Monthly Price

Total Monthly Price

Base Rent
$2,150

Total Monthly Price
$2,150

1 To 2 Bedroom Rentals

Available Now

720 N 4th St

MinneapolisMN55401
property at 19 1st St S

$2,200

Total Monthly Price24 Month Lease Term

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

2 Bedroom, 2 Bath Condo for Rent

Available Aug 1

19 1st St S, Unit B308

19 1st St S
MinneapolisMN55401
property at 121 Washington Ave S

$2,295

Total Monthly Price

Total Monthly Price

Base Rent
$2,295

Total Monthly Price
$2,295

2 Bedroom, 1 Bath Home for Rent

Available Now

121 Washington Ave S

MinneapolisMN55401
property at 918 N 3rd St

$2,295

Total Monthly Price

Total Monthly Price

Base Rent
$2,295

Total Monthly Price
$2,295

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

918 N 3rd St

MinneapolisMN55401
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Shelby Commons
1 to 3 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
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416 Lofts
Studio to 3 Bedroom Apartments

416 Lofts

416 10th Ave NMinneapolis, MN 55401
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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

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 ListingModel NameBed/BathPriced From
Hawthorne GatesConcord StudioStudio,1BA$850
416 LoftsType DStudio,1BA$970
City Place LoftsPortland (Studio A60)Studio,1BA$1,044
The Cameron North Loop1 BR - E1BR,1BA$1,275
Third North ApartmentsAspen - SFStudio,1BA$1,308
The RedwellPrairie SpyStudio,1BA$1,312
The Hall LoftsA5Studio,1BA$1,317
Groove LoftsAndyStudio,1BA$1,338
Viridium ApartmentsBaysideStudio,1BA$1,383
Creamette Historic Lofts1 Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Phoenix North Loop2BR/2.0BA2BR,2BA$2.26
Gurley LoftsLemon Drop2BR,1BA$2.33
Lee LoftsCowboy1BR,1BA$1.72
2nd Street LoftsHarriet - Flat1BR,1BA$2.39
Creamette Historic Lofts1 Bedroom1BR,1BA$2.01
The Cameron North Loop1 BR - B1BR,1BA$2.32
Soo LineV21BR,1BA$2.48
City Place LoftsPortland (Studio A60)Studio ,1BA$2.24
416 LoftsType DStudio ,1BA$2.43
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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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 #83

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 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

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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.

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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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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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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

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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.

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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.

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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.

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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.