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 9% over the last month and have decreased by 14% 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 $1,370. 1-bedroom apartments in North Loop run $1,470 on average, while 2-bedroom apartments are $2,588.


Studio	$929	9%	15%
1 bedroom	$1,469	4%	7%
2 bedroom	$2,719	11%	35%

		Listings
Holland	$1,632
Jordan	$1,999
Marcy Holmes	$1,497
Nicollet Island	$1,963
Sheridan	$2,407
Ventura Village	$1,527

				Listings
Apartments	$1,370	7%	No Change
Condos	$2,397	6%	No Change

Studio

Average rent

$929

Last 30 days

Last year

15%

1 bedroom

Average rent

$1,469

Last 30 days

Last year

2 bedroom

Average rent

$2,719

Last 30 days

11%

Last year

35%

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$1,515

22%

lower than the national median

Median rent price$1,632

16%

lower than the national median

Takeaway

The median rent for all rentals in North Loop, Minneapolis, MN is 7% lower than the median rent in Holland, Minneapolis, MN.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$1,632

$1,999

$1,497

$1,963

$2,407

$1,527

Discover rentals in North Loop, Minneapolis, MN

Income restricted

5d+ ago

8.6

Very good

1302 Linden Ave

1302 Linden Ave, Minneapolis, MN 55403

Studio

1 bath

$749–$899

Apartment for rent

Rent special

3d ago

8.8

Very good

The Palmer

600 N 5th St, Minneapolis, MN 55401

1 bed

1 bath

$1,380–$1,935

Price drop

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 $1,515 per month as of May 23, 2026.

Is rent up or down in North Loop?

Average rent prices in North Loop have decreased by 9% over the last month and have decreased by 14% since last year.

How does North Loop rent compare to the national average?

Rent in North Loop is 22% below the national average, which means renters are paying approximately $435 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 $61,000/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).