
Cheap Homes for Rent in North Loop Neighborhood of Minneapolis, MN from $1,600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the North Loop area of Minneapolis.


121 Washington Ave S, Unit 1016
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.

700 N Washington Ave

19 S 1st St, Unit B1102
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.

728 N 3rd St
North Loop, Minneapolis, MN Local Guide

How much does it cost to rent a home in North Loop?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Loop 2 Bedroom Homes for Rent | $2,957 | $1,895 | $4,495 |
| North Loop 3 Bedroom Homes for Rent | $3,795 | $3,795 | $3,795 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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
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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 1 Bed unit found at Shelby Commons priced from $624. Stage Apartments, LLC has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable North Loop apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Shelby Commons | One Bedroom | 1BR,1BA | $624 |
| Stage Apartments, LLC | "C, D, E" Studio | Studio,1BA | $795 |
| Hawthorne Gates | Concord Studio | Studio,1BA | $850 |
Best Value Apartments for Rent in North Loop, MN
As of October 25, 2025 the best value apartment in the North Loop area is the $1.23 price per square foot Type B Model at 416 Flats in the in the Greater Central neighborhood starting from $1,595. The second greatest value North Loop apartment is the 2A Model at The Metro Apartments starting at $1,950 with a $1.88 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 Flats | Type B | 2BR,1BA | $1.23 |
| The Metro Apartments | 2A | 2BR,1BA | $1.88 |
| Laurel Village | 1 Bedroom +Den | 1BR,1BA | $1.77 |
| LaSalle Apartments | 1 bedroom/den | 1BR,1BA | $1.44 |
| Shelby Commons | Two Bedroom | 2BR,1BA | $2.26 |
| Gaar Scott Historic Lofts | 1 Bedroom | 1BR,1BA | $2.18 |
| 2nd Street Lofts | Loring - Flat | 1BR,1BA | $2.07 |
| Churchill | Convertible 05 | 1BR,1BA | $2.02 |
| City Place Lofts | Hennepin (1 Bedroom C60) | 1BR,1BA | $1.77 |
| Hawthorne Gates | Concord Studio | Studio ,1BA | $2.15 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 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 #69
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about North Loop
What type of rentals are currently available in North Loop?
There are currently 111 Apartments for Rent in North Loop, MN with pricing that ranges from $795 to $9,923. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Loop ranging from $1,625 to $4,495.
What is the current price range for Rental Homes in North Loop?
Today's rental pricing for Homes for Rent, Condos and Townhomes in North Loop ranges from $1,625 to $4,495 with an average monthly rent of $2,780.
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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.