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Studio Apartments for Rent in North Loop, Minneapolis, MN - 7 Rentals available

North Loop, Minneapolis, MN Demographics

  • Total Population5,321
  • Female 2,681
    Male 2,640
  • Median Age30.9

Average Rent for Studios in North Loop, Minneapolis, MN

  • The average rent for studios in North Loop, Minneapolis, MN, July 2018$1,705/mo
  • Studio$1,383
  • 1 Bedroom$1,556
  • 2 Bedrooms$2,123
  • Studio$1,015
  • 1 Bedroom$1,243
  • 2 Bedroom$1,683

North Loop, Minneapolis, MN Studios Rent Ranges

  • $501-$7001%
  • $701-$1,0002%
  • $1,001-$1,50077%
  • $1,501-$2,00020%

North Loop, Minneapolis, MN Studios Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Jul / 2018 $1,705 $1,383
Sept / 2017 $1,678 $1,388
May / 2017 $1,687 $1,362
Jan / 2017 $1,667 $1,347
Sept / 2016 $1,634 $1,272
May / 2016 $1,619 $1,281
Jan / 2016 $1,614 $1,276
Sept / 2015 $1,605 $1,267
May / 2015 $1,590 $1,238
Jan / 2015 $1,558 $1,219

North Loop, Minneapolis, MN Households

  • Total Number of Households3,088
  • Family 994
    Non-family 2,094
  • Children 303
    No Children 2,784
  • Average People Per Household1.63
  • Median Household Income$51,672
  • Median Housing Costs Per Month$1,017

North Loop, Minneapolis, MN Education Statistics

  • No High School2%
  • Some High School14%
  • Some College13%
  • Associate Degree4%
  • Bachelor Degree43%
  • Graduate Degree24%

Renting a studio apartment in North Loop, Minneapolis, MN

While some consider a one room apartment a mixed blessing due to the spatial constraints, the truth is that there are solid reasons behind the increasing number of tenants looking for a small apartment. Efficiency apartments in North Loop, Minneapolis, MN are financially convenient, with an average rent of $2,225. Not only will the low rent appeal to you, but you will also cut down on bills and upkeep costs, which will translate into substantial savings. For instance, the average studio size in North Loop, Minneapolis, MN is somewhere around 1,119 Sqft, which makes it easier and less pricey to heat in the winter. Your cleverly-designed pad is likely to be in a central zone, so you are sure not to miss any fun. Browse through our 7 affordable single bedroom apartments in North Loop, Minneapolis, MN and apply online for the studio apartment you’ve been dreaming of.

Bachelor flat or efficiency apartment – which one is best?

While there are 5 communities that have studio apartments in North Loop, Minneapolis, MN for rent, you might have trouble deciding which one is right for you in terms of layout. If you haven’t lived in a small apartment before, you should know that one of the major differences between a cheap studio and a slightly more expensive one lies in the layout. Some have the kitchen in the main room, while bachelor flats have the two divided. If you are a working bee and do not cook a lot, then you should try to find a low-cost efficiency apartment. If, on the contrary, you brag about your cooking skills and you spend a lot of time making goodies, paying a little extra for a separate kitchen apartment could be your to go plan. With prices starting at $1,610 up to $2,600, your future studio is now at your fingertips.