
Cheap Homes for Rent in North Loop Neighborhood of Minneapolis, MN from $1,000 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the North Loop area of Minneapolis.


15 S 1st St, Unit A617
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.

15 S 1st St

121 S Washington Ave, Unit 609
North Loop - 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!
North Loop, Minneapolis, MN Local Guide

How much does it cost to rent a home in North Loop?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
North Loop 2 Bedroom Homes for Rent | $3,374 | $2,250 | $7,750 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the North Loop Neighborhood of Minneapolis, MN.
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North Loop, Minneapolis, MN Local Guide
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Best Value Apartments for Rent in North Loop, MN
As of April 28, 2025 the best value apartment in the North Loop area is the $2.49 price per square foot Three Bedroom - c02 Model at 4Marq in the in the Greater Central neighborhood starting from $4,055. The second greatest value North Loop apartment is the 2BR/2.5BA Model at Phoenix North Loop starting at $2,649 with a $1.87 price per square foot in the Greater Central neighborhood. Here is today’s list of the best values for North Loop apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
4Marq | Three Bedroom - c02 | 3BR,2BA | $2.49 |
Phoenix North Loop | 2BR/2.5BA | 2BR,2.5BA | $1.87 |
ElseWarehouse in the North Loop | Harrison | 2BR,2BA | $2.52 |
Laurel Village | 1 Bedroom +Den | 1BR,1BA | $1.69 |
Creamette Historic Lofts | 1 Bedroom | 1BR,1BA | $1.68 |
2nd Street Lofts | Washington - Loft | 1BR,1BA | $2.30 |
Churchill | Convertible 05 | 1BR,1BA | $1.89 |
The Palmer | L | 1BR,1BA | $2.48 |
City Place Lofts | Portland (Studio A60) | Studio ,1BA | $1.93 |
Hawthorne Gates | Concord Studio | Studio ,1BA | $2.15 |
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.
Frequently Asked Questions about North Loop
What type of rentals are currently available in North Loop?
There are currently 113 Apartments for Rent in North Loop, MN with pricing that ranges from $775 to $19,120. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Loop ranging from $1,095 to $7,750.
What is the current price range for Rental Homes in North Loop?
Today's rental pricing for Homes for Rent, Condos and Townhomes in North Loop ranges from $1,095 to $7,750 with an average monthly rent of $2,557.
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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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.