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from $8504 Bedroom Apartment Available Now
1726 James Ave N, Unit 1
1726 James Ave NMinneapolis, MN 55411
Cheap Apartments for Rent in the Near North Neighborhood of Minneapolis, MN from $700 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near North area of Minneapolis.
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Rent Specials
from $871Studio to 1 Bedroom Apartments Available Now
Aster Apartments
1800 Fremont Ave NMinneapolis, MN 55411
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from $1,1131 to 4 Bedroom Apartments Available Now
Peregrine
2035 W River RdMinneapolis, MN 55411
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from $1,125Studio to 2 Bedroom Apartments Available Now
The Redwell
1020 3rd St NMinneapolis, MN 55401
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from $1,1961 to 2 Bedroom Apartments Available Now
Satori
835 W Broadway AveMinneapolis, MN 55411
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from $1,258Studio to 2 Bedroom Apartments Available Now
Third North Apartments
800 N 3rd StMinneapolis, MN 55401
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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from $1,305Studio to 3 Bedroom Apartments Available Now
The Hall Lofts
608 N 3rd StMinneapolis, MN 55403
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from $1,311Studio to 1 Bedroom Apartments Available Now
Duffey Lofts
528 N Washington AveMinneapolis, MN 55401
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from $1,385Studio to 3 Bedroom Apartments Available Now
Viridium Apartments
721 N Third StMinneapolis, MN 55401
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from $1,395Studio to 2 Bedroom Apartments Available Now
Dock Street Flats
337 N Washington AveMinneapolis, MN 55401
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Near North - 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!
Showing Results 1-14, Page 1 of 1
Near North, Minneapolis, MN Local Guide
Target Field
in Minneapolis by Flickr User: mulad is licensed under CC BY 2.0
How much does it cost to rent an apartment in Near North?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Near North Studio Apartments | $1,648 | $871 | $3,498 |
| Near North 1 Bedroom Apartments | $1,946 | $939 | $4,984 |
| Near North 2 Bedroom Apartments | $2,657 | $1,785 | $5,091 |
| Near North 3 Bedroom Apartments | $3,206 | $1,500 | $4,665 |
| Near North 4 Bedroom Apartments | $1,818 | $850 | $2,787 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Near North Neighborhood of Minneapolis, MN.
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Near North, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
Cheapest Available Near North Apartments for Rent
The cheapest available apartment rental in the Near North area of Minneapolis, MN is a Studio unit found at Aster Apartments priced from $871. The Cameron has the second lowest priced unit, which is a Studio apartment currently listed from $1,045. Here are the most affordable Near North apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Aster Apartments | Studio | Studio,1BA | $871 |
| The Cameron | Studio - E | Studio,1BA | $1,045 |
| Peregrine | One Bedroom | 1BR,1BA | $1,113 |
| The Redwell | Prairie Spy | Studio,1BA | $1,125 |
| The Hall Lofts | A14 - IZ 60% AMI | Studio,1BA | $1,305 |
Best Value Apartments for Rent in Near North, MN
As of April 18, 2025 the best value apartment in the Near North area is the $1.94 price per square foot 2BR/2.5BA Model at Phoenix North Loop in the in the Greater Central neighborhood starting from $2,749. The second greatest value Near North apartment is the 1726 James Ave N Model at 1726 James Ave N, Unit 1 starting at $850 with a $0.65 price per square foot in the Greater Near North neighborhood. Here is today’s list of the best values for Near North apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Phoenix North Loop | 2BR/2.5BA | 2BR,2.5BA | $1.94 |
| 1726 James Ave N, Unit 1 | 1726 James Ave N | 4BR,1BA | $0.65 |
| ElseWarehouse in the North Loop | Harrison | 2BR,2BA | $2.52 |
| Peregrine | Two Bedroom | 2BR,2BA | $1.98 |
| Gurley Lofts | 1-E | 1BR,1BA | $2.02 |
| Satori | Basalt | 1BR,1BA | $1.88 |
| The Palmer | L | 1BR,1BA | $2.47 |
| Dock Street Flats | Pilsbury D | Studio ,1BA | $2.75 |
| Third North Apartments | New York - CJ ALCOVE | 1BR,1BA | $2.84 |
| The Redwell | Prairie Spy | Studio ,1BA | $2.70 |
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Pet Friendly LifestyleNear North, Minneapolis, MN
Ranked #128
Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Near North, Minneapolis, MN
North Academy Senior High
Minneapolis Public School Dist.
Public School - Grades 9-12 (487)
3 out of 10
School data provided by Great Schools
Getting Around the Near North Neighborhood in Minneapolis, MN
Walk Score®
69 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
80 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
55 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Near North Apartments
What is a cheap apartment in Near North?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Near North is under $1,395.
What is the price of a cheap apartment in Near North?
The cheapest apartment in Near North is Aster Apartments which is listed at $939, while the average apartment in Near North costs $2,995.
What types of apartments are the cheapest in Near North?
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 5 regular apartments in Near North 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 Near North?
Cheap apartments in Near North have an average cost of $601 which is $2,394 cheaper than the average rent for all rentals in Near North.
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.
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.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.