Cheap Apartments for Rent in the Near North Neighborhood of Minneapolis, MN from $700 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near North area of Minneapolis.
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Peregrine
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NoLo Living
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Duffey Lofts
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The Hall Lofts
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The Redwell
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Third North Apartments
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Viridium Apartments
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Dock Street Flats
Near North, Minneapolis, MN Local Guide
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How much does it cost to rent an apartment in Near North?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Near North Studio Apartments | $1,627 | $995 | $5,150 |
Near North 1 Bedroom Apartments | $1,960 | $1,113 | $4,994 |
Near North 2 Bedroom Apartments | $2,803 | $1,677 | $8,750 |
Near North 3 Bedroom Apartments | $3,264 | $1,500 | $4,685 |
Near North 4 Bedroom Apartments | $2,787 | $2,787 | $2,787 |
Browse Apartments in this Neighborhood
There are currently 13 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
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Cheapest Available Near North Apartments for Rent
 The cheapest available apartment rental in the Near North area of Minneapolis, MN is a 1 Bed unit found at Aldrich Apartments | Near I-94 & Theodore priced from $850. Peregrine has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,113. Here are the most affordable Near North apartments for rent in Minneapolis, MN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Aldrich Apartments | Near I-94 & Theodore | 1BR/1.0BA | 1BR,1BA | $850 |
Peregrine | One Bedroom | 1BR,1BA | $1,113 |
NoLo Living | NoLo East - S2 | Studio,1BA | $1,141 |
The Hall Lofts | A7 - IZ 60% AMI | Studio,1BA | $1,195 |
Satori | Jasper | 1BR,1BA | $1,196 |
Best Value Apartments for Rent in Near North, MN
As of February 26, 2025 the best value apartment in the Near North area is the $1.71 price per square foot 507 Plaza (F) Model at Phoenix North Loop in the in the Greater Central neighborhood starting from $2,199. The second greatest value 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 Near North apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Phoenix North Loop | 507 Plaza (F) | 2BR,2BA | $1.71 |
Peregrine | Two Bedroom | 2BR,2BA | $1.98 |
The Copham | F2 | 2BR,1BA | $2.68 |
Gurley Lofts | 1-E | 1BR,1BA | $2.02 |
ElseWarehouse | GRANT | 1BR,1BA | $2.71 |
Aldrich Apartments | Near I-94 & Theodore | 1BR/1.0BA | 1BR,1BA | $1.13 |
Satori | Basalt | 1BR,1BA | $2.12 |
Junction Flats | Metro I | 1BR,1BA | $2.47 |
The Palmer | L | 1BR,1BA | $2.50 |
The Cameron | Studio - A | Studio ,1BA | $2.34 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleNear North, Minneapolis, MN
Ranked #108
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
School data provided by Great Schools
Best Local Schools in Near North, Minneapolis, MN
North Academy Senior High
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 the Cheapest Studio apartment in Near North?
Currently the most affordable Cheap Studio Apartment in Near North is at The Cameron listed at $967.
How much is rent for a Cheap One Bedroom Near North Apartment?
The lowest price for a Cheap One Bedroom Near North Apartment is $850 at Aldrich Apartments | Near I-94 & Theodore.
What is the lowest price for a Cheap Two Bedroom Near North Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Near North is starting from $1,677 at The Hall Lofts.
What is the most affordable Near North Three Bedroom Apartment?
The best deal on a cheap Near North Three Bedroom Apartment rental is at Viridium Apartments and starts from $4,535.
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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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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How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.
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Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.