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Rental prices in North Loop, Minneapolis, MN have increased by 4.08% over the past year. The average rent moved from $1,433 to $1,492.
Check out the average rent in Minneapolis.
The national average price of rental apartments is $1,741, while the average monthly rent in North Loop, Minneapolis, MN is $1,492.
The average monthly rent for an apartment in North Loop, Minneapolis, MN is around $1,492.
A share of 57% of apartments in North Loop, Minneapolis, MN have the cheapest rents between $1,001-$1,500. Around 43% of North Loop's apartments have monthly rents between $1,501-$2,000.
The largest share of rentals in North Loop, Minneapolis, MN (57%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
There are 48 studio rentals available on RentCafe. Prices and availability in North Loop, Minneapolis, MN were last updated on 21 Feb 2026.
The average North Loop, Minneapolis, MN studio apartment size is 467 sq. ft.
Studio apartments in North Loop, Minneapolis, MN tend to be more affordable than other apartments and they have lower utility costs.
One of the downsides of living in a studio apartment is the limited storage space.
In total, North Loop, Minneapolis, MN has 7,418 residents, 3,269 women and 4,150 men, per U.S. Census recent estimates. Statistics show that the median age of North Loop’s population is 31.
There is a total of 4,921 households in North Loop, Minneapolis, MN. Of these, 327 have children and 4,594 are without children. Per Census Bureau’s most current estimates, 972 family households and 3,949 non-family households live in this area. The size of a household in North Loop is 1.01 people, on average. The median household annual income in North Loop equals $70,425, and the monthly housing costs equal $1,362.
According to data from the U.S. Census Bureau, 1% of the population in North Loop, Minneapolis, MN have no high school education, 9% went to high-school, and 13% have partially completed college. Moreover, 4% of the population hold an Associate Degree, 40% hold a Bachelor Degree, and 34% hold a Graduate Degree.
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