
Cheap Apartments for Rent in the North Minneapolis Neighborhood of Minneapolis, MN from $400 (230 Rentals)
Search the lowest-cost Apartments available for rent right now in the North Minneapolis area of Minneapolis.


1316 7th St SE

The Remington Campus Apartments

Gateway Northeast

St. Anthony Village

Varsity Apartments

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2708 Penn Ave N, Unit 2

Park Plaza

Sela Campus University Apartments

The Endurance
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.

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Aster Apartments in Near North Minneapolis

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Chateau Student Housing Cooperative

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135 16th Ave NE, Unit 3

409 University Ave SE

Hook and Ladder Apartments

2318 Jefferson St NE

Rivergate Apartments

The Denn of Dinkytown

Timber & Tie

629 6th St SE
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.

15 S 1st St

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Rym Apartments

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Quarry Place

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Oria Lakeview Apartments

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Satori

Jax Apartments

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Como Court

2606 E Hennepin Ave

Bottineau on the River

North Creek
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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1706 Como Ave SE, Unit 1

1000 Peters Pl

617 10th Avenue SE

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Stone Arch I

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Broadway Flats

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Mill City Quarter

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Marko Apartments

The Marshall

Local 15

416 Flats
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

525 Tenth Dinkytown Apartments Student Rental

701 6th St SE

3606 N Bryant Ave

Stonehouse Square

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Hencen

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Duffey Lofts

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Velo

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Variant

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2539 Quincy St NE, Unit 2539 Unit

515 5th St SE
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
North Minneapolis, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in North Minneapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Minneapolis Studio Apartments | $1,398 | $745 | $2,499 |
| North Minneapolis 1 Bedroom Apartments | $1,724 | $691 | $6,500 |
| North Minneapolis 2 Bedroom Apartments | $2,229 | $580 | $6,199 |
| North Minneapolis 3 Bedroom Apartments | $2,020 | $495 | $10,000+ |
| North Minneapolis 4 Bedroom Apartments | $1,650 | $519 | $3,500 |
| North Minneapolis 5 Bedroom Apartments | $3,633 | $2,895 | $4,050 |
| North Minneapolis 6 Bedroom Apartments | $3,945 | $2,500 | $4,795 |
Browse Apartments in this Neighborhood
There are currently 230 rentals with your search options within a 2 mile radius of the North Minneapolis Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisExplore Minneapolis
North Minneapolis, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
- Nearby Cities
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- School Districts
Cheapest Available North Minneapolis Apartments for Rent
 The cheapest available apartment rental in the North Minneapolis area of Minneapolis, MN is a 3 Beds unit found at Radius priced from $495. Holmes Park Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $723. Here are the most affordable North Minneapolis apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Radius | C5 | 3BR,2BA | $495 |
| Holmes Park Village | 2 Bedroom | 2BR,1BA | $723 |
| The Remington Campus Apartments | STUDIO | Studio,1BA | $745 |
| 814-8TH | 1BR/1.0BA | 1BR,1BA | $760 |
| Yugo Minneapolis 412 Lofts | 3 Bed, 2 Bath Classic | 3BR,2BA | $799 |
| Gateway Northeast | 0C | Studio,1BA | $816 |
| Ratio | Quantum : Co-Living | Studio,1BA | $880 |
| 4060-4100 4th St NE | One Bed | 1BR,1BA | $900 |
| Plaza Apartments | Rankin | Studio,1BA | $940 |
Best Value Apartments for Rent in North Minneapolis, MN
As of November 11, 2025 the best value apartment in the North Minneapolis 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 Minneapolis apartment is the 621 Morgan Ave N Model at 621 Morgan Ave N, Unit 1 starting at $1,550 with a $1.23 price per square foot in the Greater Near North neighborhood. Here is today’s list of the best values for North Minneapolis 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 |
| 621 Morgan Ave N, Unit 1 | 621 Morgan Ave N | 2BR,1BA | $1.23 |
| Radius | D2 | 4BR,2BA | $0.69 |
| West Broadway Crescent | 412-2A | 2BR,1BA | $1.35 |
| Stonehouse Square | 2 bedroom/1 bathroom | 2BR,1BA | $1.34 |
| Bierman Place | The Quad - By-the-bed | 4BR,2BA | $0.65 |
| 2708 Penn Ave N, Unit 2 | 2708 Penn Ave N | 1BR,1BA | $0.93 |
| The Marshall | 2DX2B | 2BR,2BA | $0.78 |
| 814-8TH | 0BR/1.0BA | Studio ,1BA | $1.17 |
| The Remington Campus Apartments | STUDIO | Studio ,1BA | $1.35 |
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 Minneapolis, Minneapolis, MN
Ranked #29
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
Our team of engineers and researchers is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across Minnesota, including Minneapolis. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, transit availability, pet-friendly communities, places that make kids happy, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap North Minneapolis Apartments
What is a cheap apartment in North Minneapolis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Minneapolis is under $940.
What is the price of a cheap apartment in North Minneapolis?
The cheapest apartment in North Minneapolis is 814-8TH which is listed at $760, while the average apartment in North Minneapolis costs $4,287.
What types of apartments are the cheapest in North Minneapolis?
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 197 regular apartments in North Minneapolis 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 Minneapolis?
Cheap apartments in North Minneapolis have an average cost of $617 which is $3,670 cheaper than the average rent for all rentals in North Minneapolis.
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.