
Cheap Studio Apartments for Rent in the Near North Neighborhood of Minneapolis, MN from $871 (5 Rentals)

Near North
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!
Near North, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Near North?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Near North Studio Apartments | $1,630 | $871 | $3,317 |
Near North 1 Bedroom Apartments | $1,916 | $939 | $4,273 |
Near North 2 Bedroom Apartments | $2,643 | $1,666 | $5,091 |
Near North 3 Bedroom Apartments | $3,349 | $1,500 | $4,665 |
Near North 4 Bedroom Apartments | $1,818 | $850 | $2,787 |
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Near North, Minneapolis, MN Local Guide
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Quick Rent Budget Calculator
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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 $1,415.
What is the price of a cheap apartment in Near North?
The cheapest apartment in Near North is Aster Apartments which is listed at $871, 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 $598 which is $2,397 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.

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.

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.

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.