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

Rent trends in North Loop, Minneapolis, MN

Average rent prices in North Loop have remained the same over the last month and have decreased by 10% 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
North Loop, Minneapolis, MN

Rent prices in North Loop vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in North Loop is $1,270. 1-bedroom apartments in North Loop run $1,545 on average, while 2-bedroom apartments are $2,100.


Studio	$897	13%	2%
1 bedroom	$1,470	5%	24%
2 bedroom	$2,100	13%	2%
3 bedroom	$1,595	No Change	3%

		Listings
Holland	$1,745
Jordan	$1,785
Marcy Holmes	$1,599
Nicollet Island	$1,760
Sheridan	$2,072
Ventura Village	$1,199

				Listings
Apartments	$1,270	1%	No Change
Condos	$1,895	23%	No Change

Studio

Average rent

$897

Last 30 days

13%

Last year

1 bedroom

Average rent

$1,470

Last 30 days

Last year

24%

2 bedroom

Average rent

$2,100

Last 30 days

13%

Last year

3 bedroom

Average rent

$1,595

Last year

The table above reflects average rent prices in North Loop, 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 North Loop, Minneapolis, MN compare to other neighborhoods?

Compare median rent prices in North Loop and Holland by all bedroom counts and property types.

North Loop

Median rent price$1,509

21%

lower than the national median

Median rent price$1,745

lower than the national median

Takeaway

The median rent for all rentals in North Loop, Minneapolis, MN is 13% lower than the median rent in Holland, Minneapolis, MN.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$1,745

$1,785

$1,599

$1,760

$2,072

$1,199

Discover rentals in North Loop, Minneapolis, MN

11h ago

7.7

Very good

Shelby Commons

188 Glenwood Ave, Minneapolis, MN 55405

1–3 beds

1–2 baths

$586–$2,023

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Frequently asked questions for North Loop, Minneapolis, MN

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

How much is rent in North Loop?

The average rent in North Loop is $1,509 per month as of October 3, 2026.

Is rent up or down in North Loop?

Average rent prices in North Loop have remained the same over the last month and have decreased by 10% since last year.

How does North Loop rent compare to the national average?

Rent in North Loop is 21% below the national average, which means renters are paying approximately $390 less per month.

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

To comfortably afford rent in North Loop, you'd need to earn approximately $60,000/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).