Cheap Apartments for Rent in the Greater Near North Neighborhood of Minneapolis, MN from $700 (38 Rentals)

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

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Emerson
1 to 3 Bedroom Apartments

Emerson

1600 N Emerson AveMinneapolis, MN 55411
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Bell Lofts
1 to 3 Bedroom Apartments

Bell Lofts

816 N 21st AveMinneapolis, MN 55411
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1615 26th Ave N
1 to 2 Bedroom Apartments

1615 26th Ave N

1615 26th Ave NMinneapolis, MN 55411
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Showing Results 1-38, Page 1 of 1

Greater Near North, Minneapolis, MN Local Guide

Cheapest Neighborhoods for Apartments in Greater Near North, MN

Pricing Updated: 03/21/2025

Current apartment rentals in the Greater Near North, MN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Greater Near North Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units

Cheapest Available Greater Near North Apartments for Rent

 

The cheapest available apartment rental in the Greater Near North area of Minneapolis, MN is a 1 Bed unit found at Aldrich Apartments | Near I-94 & Theodore priced from $850. The Cameron has the second lowest priced unit, which is a Studio apartment currently listed from $967. Here are the most affordable Greater Near North apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Aldrich Apartments | Near I-94 & Theodore1BR/1.0BA1BR,1BA$850
The CameronStudio - EStudio,1BA$967
Miro ApartmentsCedar 2Studio,1BA$1,035
Broadway FlatsStudio C1BR,1BA$1,050
PeregrineOne Bedroom1BR,1BA$1,113
The RedwellPrairie SpyStudio,1BA$1,234
Viridium ApartmentsMossimoStudio,1BA$1,285
HQ ApartmentsV2Studio,1BA$1,290
4th and Park0x1 A2Studio,1BA$1,292
NoLo LivingNoLo East - S3Studio,1BA$1,314

Best Value Apartments for Rent in Greater Near North, MN

As of March 21, 2025 the best value apartment in the Greater Near North area is the $1.94 price per square foot 512 Penthouse (S) Model at Phoenix North Loop in the in the Greater Central neighborhood starting from $2,749. The second greatest value Greater Near North apartment is the Two Bedroom Model at Peregrine starting at $1,995 with a $1.98 price per square foot in the Greater Near North neighborhood. Here is today’s list of the best values for Greater Near North apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Phoenix North Loop512 Penthouse (S)2BR,2.5BA$1.94
PeregrineTwo Bedroom2BR,2BA$1.98
415 23rd Ave N, Unit 4415 23rd Ave N2BR,1BA$1.76
2120 Sheridan Ave N2120 Sheridan Ave N2BR,1BA$1.99
Aldrich Apartments | Near I-94 & Theodore1BR/1.0BA1BR,1BA$1.13
SatoriBasalt1BR,1BA$2.01
Junction FlatsMetro I1BR,1BA$2.35
The PalmerD1BR,1BA$2.47
Broadway FlatsStudio CStudio ,1BA$1.80
Miro ApartmentsLyndale 21BR,1BA$2.36

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Pet Friendly Lifestyle
Greater Near North, Minneapolis, MN

Ranked #99

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Greater Near North, Minneapolis, MN

School data provided by Great Schools

Best Local Schools in
Greater Near North, Minneapolis, MN

School data provided by Great Schools

Frequently Asked Questions about Cheap Greater Near North Apartments

What is the Cheapest Studio apartment in Greater Near North?

Currently the most affordable Cheap Studio Apartment in Greater Near North is at The Cameron listed at $967.

How much is rent for a Cheap One Bedroom Greater Near North Apartment?

The lowest price for a Cheap One Bedroom Greater Near North Apartment is $850 at Aldrich Apartments | Near I-94 & Theodore.

What is the lowest price for a Cheap Two Bedroom Greater Near North Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Greater Near North is starting from $1,557 at The Laker.

What is the most affordable Greater Near North Three Bedroom Apartment?

The best deal on a cheap Greater Near North Three Bedroom Apartment rental is at Lucille and starts from $2,433.

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.

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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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.