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Average Rent in North Loop & Rent Trends

Rent prices and market trends across 2 apartment communities in North Loop, Minneapolis MN. Updated daily.

Market Average

$1,793

/month

▼ 7.5% from last month

Lowest Available

$1,240

Communities

2

Units Listed

59

North Loop vs Minneapolis MN Average

North Loop is the same price as the Minneapolis MN average . The citywide average is $1,793/mo across all neighborhoods.

Is Rent Going Up or Down in North Loop?

As of April 2026, the average rent in North Loop is $1,793 per month across 2 apartment communities and 59 available units. Rents have decreased $146 (7.5%) over the past month.

The most affordable option is Hencen Apartments starting at $1,240/mo. By unit type, a studio averages $1,368/mo, a 1-bedroom averages $1,833/mo, a 2-bedroom averages $2,214/mo.

Prices range from $1,240 to $2,566 per month. The most common price point is the $1,800 range, where 19 units are currently listed.

North Loop Rent Price History

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in North Loop

Studio
$1,368
from $1,240 · 15 units
1 Bed
$1,833
from $1,456 · 32 units
2 Bed
$2,214
from $1,724 · 12 units

Rent Prices by Apartment in North Loop

Property Starting at Average Units Rating
Hencen Apartments $1,240/mo $1,644/mo 29 4.3
NoLo Living - NoLo South $1,456/mo $1,936/mo 30 4

Google Search Trends for North Loop Apartments

Search interest for apartments in this area over the past 12 months.

Search Interest Over Time

Frequently Asked Questions About Rent in North Loop

What is the average rent in North Loop?
The average rent in North Loop is $1,793 per month as of April 2026, based on 59 units across 2 apartment communities.
Is rent going up or down in North Loop?
Rent in North Loop has decreased $146 (7.5%) over the past month. The current average is $1,793/mo.
What is the cheapest apartment in North Loop?
The most affordable apartment in North Loop is Hencen Apartments with units starting at $1,240/mo.
How much is a 1-bedroom apartment in North Loop?
A 1-bedroom apartment in North Loop averages $1,833/mo, with prices starting at $1,456/mo across 32 available units.
How many apartments are available in North Loop?
There are 59 units available across 2 apartment communities in North Loop.

Explore North Loop Apartments

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