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 decreased by 4% over the last month and have decreased by 42% 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 $1,184. 1-bedroom apartments in North Loop run $1,480 on average, while 2-bedroom apartments are $2,395.


Studio	$900	5%	17%
1 bedroom	$1,500	2%	17%
2 bedroom	$2,799	27%	26%
3 bedroom	$727	35%	71%

		Listings
Holland	$1,575
Jordan	$1,800
Marcy Holmes	$1,457
Nicollet Island	$1,588
Sheridan	$1,799
Ventura Village	$1,555

				Listings
Apartments	$1,184	15%	No Change
Condos	$3,095	10%	No Change

Studio

Average rent

$900

Last 30 days

Last year

17%

1 bedroom

Average rent

$1,500

Last 30 days

Last year

17%

2 bedroom

Average rent

$2,799

Last 30 days

27%

Last year

26%

3 bedroom

Average rent

$727

Last 30 days

35%

Last year

71%

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$1,245

36%

lower than the national median

Median rent price$1,575

19%

lower than the national median

Takeaway

The median rent for all rentals in North Loop, Minneapolis, MN is 21% lower than the median rent in Holland, Minneapolis, MN.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$1,575

$1,800

$1,457

$1,588

$1,799

$1,555

Discover rentals in North Loop, Minneapolis, MN

3h ago

7.7

Very good

Shelby Commons

188 Glenwood Ave, Minneapolis, MN 55405

1–3 beds

1–2 baths

$589–$1,751

Price drop

Apartment for rent

Income restricted

2d ago

8.6

Very good

1302 Linden Ave

1302 Linden Ave, Minneapolis, MN 55403

Studio

1 bath

$749–$899

Apartment for rent

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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 $1,245 per month as of July 4, 2026.

Is rent up or down in North Loop?

Average rent prices in North Loop have decreased by 4% over the last month and have decreased by 42% since last year.

How does North Loop rent compare to the national average?

Rent in North Loop is 36% below the national average, which means renters are paying approximately $705 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 $50,000/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).