Groove Lofts
608 2nd Ave S,
Minneapolis, MN 55402
$1,282 - $2,362 Plus Fees
Studio - 4 Beds
Also known as the Warehouse District, North Loop is an artistic neighborhood just over one mile northwest of Downtown Minneapolis. With a laid-back vibe, North Loops offers a diverse community and an array of unique businesses. Former industrial buildings have transformed into hip lofts and farm-to-table restaurants such as Spoon and Stable on North 1st Street. Locals enjoy visiting Target Field for a Twins game or the Minneapolis Farmers Market for local product, snacks, and candy. Public transit, local breweries, interstate access, and more make North Loop the convenient and unique place that it is. North Loop sits along the Mississippi River separating the neighborhood from Boom Island Park, a riverside green space with a boat dock, walking paths, and a playground.
As of January 2026, the average apartment rent in North Loop is $1,549 for a studio, $1,999 for one bedroom, $3,424 for two bedrooms, and $6,326 for three bedrooms. Apartment rent in North Loop has increased by 2.2% in the past year.
Studio
505 sq ft
Average Sq Ft
$1,549/month
Average Rent
1 BR
672 sq ft
Average Sq Ft
$1,999/month
Average Rent
2 BR
1,197 sq ft
Average Sq Ft
$3,424/month
Average Rent
3 BR
1,890 sq ft
Average Sq Ft
$6,326/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Excellent Transit
out of 100 TransitScore® Rating
You’ll have excellent transit living in this area, with several nearby transit stops.
Biker's Paradise
out of 100 BikeScore® Rating
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
3,458
Communities
953,880
Units
889
Cities
714
Communities
197,515
Units
339
Cities
650
Communities
128,108
Units
252
Cities
626
Communities
171,109
Units
245
Cities
553
Communities
122,626
Units
220
Cities
470
Communities
110,682
Units
238
Cities
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.