
Cheap Homes for Rent in North Loop Neighborhood of Minneapolis, MN from $1,700 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the North Loop area of Minneapolis.


19 S 1st St

748 N 3rd St

720 N 4th St
North Loop
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 | $2,125 | $1,950 | $2,300 |
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 March 28, 2025 the best value apartment in the North Loop 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 North Loop apartment is the 1 Bedroom +Den Model at Laurel Village starting at $1,705 with a $1.69 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. |
---|---|---|---|
Phoenix North Loop | 2BR/2.5BA | 2BR,2.5BA | $1.94 |
Laurel Village | 1 Bedroom +Den | 1BR,1BA | $1.69 |
2nd Street Lofts | Loring - Flat | 1BR,1BA | $2.21 |
FreightYard Townhomes and Flats | B1 | 2BR,1BA | $2.24 |
Creamette Historic Lofts | 1 Bedroom | 1BR,1BA | $1.64 |
Churchill | Convertible 05 | 1BR,1BA | $2.00 |
NoLo South | NoLo South - A2 | 1BR,1BA | $2.24 |
LaSalle Apartments | Midsize Studio | Studio ,1BA | $1.80 |
City Place Lofts | Portland (Studio A60) | Studio ,1BA | $2.16 |
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 107 Apartments for Rent in North Loop, MN with pricing that ranges from $750 to $13,025. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Loop ranging from $1,950 to $2,550.
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 $1,950 to $2,550 with an average monthly rent of $2,208.
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.

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.