Average Rent in Near North, Minneapolis, MN and Rent Price Trends

Rent trends in Near North, Minneapolis, MN

Average rent prices in Near North have increased by 5% over the last month and have increased by 22% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Near North, Minneapolis, MN

Rent prices in Near North vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Near North is $1,807, whereas a house costs $1,895. 1-bedroom apartments in Near North run $1,600 on average, while 2-bedroom apartments are $1,895.


Studio	$930	1%	29%
1 bedroom	$1,495	10%	3%
2 bedroom	$1,895	4%	14%
3 bedroom	$1,895	No Change	9%
4 bedroom	$2,820	6%	11%

		Listings
Folwell	$1,095
Harrison	$1,462
Hawthorne	$1,800
Holland	$1,622
Mckinley	$1,762
St Anthony West	$1,590


Apartments	$1,807	2%	No Change
Condos	$2,495	4%	No Change
Houses	$1,895	3%	No Change

Studio

Average rent

$930

Last 30 days

Last year

29%

1 bedroom

Average rent

$1,495

Last 30 days

10%

Last year

2 bedroom

Average rent

$1,895

Last 30 days

Last year

14%

3 bedroom

Average rent

$1,895

Last 30 days

No Change

Last year

4 bedroom

Average rent

$2,820

Last 30 days

Last year

11%

The table above reflects average rent prices in Near North, Minneapolis, MN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Near North, Minneapolis, MN compare to other neighborhoods?

Compare median rent prices in Near North and Folwell by all bedroom counts and property types.

Near North

Median rent price$1,872

lower than the national median

Median rent price$1,095

44%

lower than the national median

Takeaway

The median rent for all rentals in Near North, Minneapolis, MN is 71% higher than the median rent in Folwell, Minneapolis, MN.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$1,095

$1,462

$1,800

$1,622

$1,762

$1,590

Discover rentals in Near North, Minneapolis, MN

4h ago

Near North apartment for rent in Minneapolis

1600 Emerson Ave N

1600 Emerson Ave N, Minneapolis, MN 55411

2 beds

1 bath

$1,249

Apartment for rent

5d+ ago

Near North apartment for rent in Minneapolis

Minneapolis - 1407 15th Ave - 2

1407 15th - 2 #2, Minneapolis, MN 55411

2 beds

1 bath

$1,300

Apartment for rent

Available May 1

5d+ ago

Near North house for rent in Minneapolis

1016 North Newton Avenue - 4

1016 Newton Ave N #4, Minneapolis, MN 55411

3 beds

1 bath

$1,895

House for rent

Available Apr 1

5d+ ago

Near North apartment for rent in Minneapolis

Spacious & ReFreshed Main Level 3 Bed 1 Bath Duplex Apt

1237 Knox Ave N #1237, Minneapolis, MN 55411

3 beds

1 bath

$1,900

Apartment for rent

Available May 15

1d ago

8.5

Very good

Knox Ave 2: 1030

1030 Knox Ave N, Minneapolis, MN 55411

4–5 beds

1 bath

$2,099–$2,450

Apartment for rent

5d+ ago

Near North apartment for rent in Minneapolis

Bright, Spacious 3 or 4 Bed 1 Bath Loft Apt in Up/Down Duplex w/ Optional Attic Bed/Family Room

1239 Knox Ave N, Minneapolis, MN 55411

4 beds

1 bath

$2,400

Apartment for rent

Available May 15

3d ago

8.8

Very good

1414 Golden Valley Rd

1414 Golden Valley Rd, Minneapolis, MN 55411

5 beds

2 baths

$2,595

Apartment for rent

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Frequently asked questions for Near North, Minneapolis, MN

Quick answers to common questions about the Near North rental market.

How much is rent in Near North?

The average rent in Near North is $1,872 per month as of May 9, 2026.

Is rent up or down in Near North?

Average rent prices in Near North have increased by 5% over the last month and have increased by 22% since last year.

How does Near North rent compare to the national average?

Rent in Near North is 4% below the national average, which means renters are paying approximately $77 less per month.

What salary do I need to afford rent in Near North?

To comfortably afford rent in Near North, you'd need to earn approximately $75,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).