Cheap Apartments for Rent in the North Minneapolis Neighborhood of Minneapolis, MN from $400 (174 Rentals)

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Search the lowest-cost Apartments available for rent right now in the North Minneapolis area of Minneapolis.

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.

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property at 3948 5th St NE

3948 5th St NE

MinneapolisMN55421

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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 801 SE 9th St

801 SE 9th St

MinneapolisMN55414

North Minneapolis - 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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North Minneapolis, Minneapolis, MN Local Guide

Cheapest Available North Minneapolis Apartments for Rent

 

The cheapest available apartment rental in the North Minneapolis area of Minneapolis, MN is a 2 Beds unit found at Holmes Park Village priced from $723. The Remington Campus Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $745. Here are the most affordable North Minneapolis apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Holmes Park Village2 Bedroom2BR,1BA$723
The Remington Campus ApartmentsSTUDIOStudio,1BA$745
RatioQuantum : Co-LivingStudio,1BA$819
315 11th Ave SE1 br1BR,1BA$850
Central Avenue Lofts1 Bedroom1BR,1BA$898
4060-4100 4th St NEOne Bed1BR,1BA$900
Sela Campus University ApartmentsEfficiency1BR,1BA$949
The EnduranceStudioStudio,1BA$980
416 10th AveDStudio,1BA$1,000
Point 47 Apartments (3501)1 Bedroom 1 Bath1BR,1BA$1,029

Best Value Apartments for Rent in North Minneapolis, MN

As of June 17, 2025 the best value apartment in the North Minneapolis area is the $0.69 price per square foot 1023 James Ave N Model at 1023 James Ave N, Unit 1023 in the in the Greater Near North neighborhood starting from $1,500. The second greatest value North Minneapolis apartment is the 1727 Girard Ave N Model at 1727 Girard Ave N, Unit 1727 starting at $1,600 with a $1.07 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1023 James Ave N, Unit 10231023 James Ave N2BR,1BA$0.69
1727 Girard Ave N, Unit 17271727 Girard Ave N2BR,1BA$1.07
The Breton ApartmentsSibley3BR,1BA$1.44
The Marshall3X3A3BR,3BA$0.81
Stonehouse Square2 bedroom/1 bathroom2BR,1BA$1.34
Gauvette Park Apartments2 BR 1 Bath2BR,1BA$1.44
West Broadway Crescent412-2B2BR,1BA$1.40
Central Avenue Lofts1 Bedroom1BR,1BA$1.32
Sela Campus University ApartmentsEfficiencyStudio ,1BA$1.46
The Remington Campus ApartmentsSTUDIOStudio ,1BA$1.35

Quick 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.

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Pet Friendly Lifestyle
North Minneapolis, Minneapolis, MN

Ranked #26

Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,029.

What is the price of a cheap apartment in North Minneapolis?

The cheapest apartment in North Minneapolis is 315 11th Ave SE which is listed at $850, while the average apartment in North Minneapolis costs $4,025.

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 64 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 $826 which is $3,199 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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.