
Cheap Homes for Rent in the North Loop Neighborhood of Minneapolis, MN from $2,100 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the North Loop area of Minneapolis.


720 N 4th St

19 1st St S, Unit B308
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
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121 Washington Ave S

918 N 3rd St

618 N Washington Ave
Rent According to Income: A Look at Income-Restricted Rentals
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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 | $3,310 | $2,200 | $6,000 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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 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 |
Best Value Apartments for Rent in North Loop, MN
As of July 29, 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 #81
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 113 Apartments for Rent in North Loop, MN with pricing that ranges from $820 to $9,839. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Loop ranging from $2,150 to $6,000.
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 $2,150 to $6,000 with an average monthly rent of $2,881.
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.

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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.