Apartment Rent in North Loop
Minneapolis, Minnesota · MN
Avg 1BR Rent $2,050 /month
Rent by Bedroom Count
Studio $1,525/mo ~418 sq ft $3.65/sq ft
1 Bedroom $2,050/mo ~580 sq ft $3.53/sq ft
2 Bedrooms $3,075/mo ~841 sq ft $3.66/sq ft
3 Bedrooms $3,750/mo ~1073 sq ft $3.49/sq ft
Market Metrics
Year-over-Year Change 0% Stable market
Vacancy Rate 7.3% Moderate availability
Walk Score 73/100 Very Walkable
Transit Score 95/100 Rider's Paradise
What to Budget
At $2,050/mo for a 1-bedroom in North Loop, you should budget at least $6,150/mo in gross income (the standard 30% rule). For a studio at $1,525/mo, you'd need roughly $4,575/mo.
Studio income needed $4,575/mo
1BR income needed $6,150/mo
2BR income needed $9,225/mo
Moving to North Loop?
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