Groove Lofts
608 2nd Ave S,
Minneapolis, MN 55402
$1,302 - $2,334 Plus Fees
Studio - 4 Beds
North Loop
Minneapolis, MN
North Loop - Minneapolis, MN Area Guide
An artsy neighborhood that also goes by the “Warehouse District”
Artistic
•
Trendy
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Urban
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Riverfront
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Great Location
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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.
Rent Trends
As of March 2026, the average apartment rent in North Loop is $1,568 for a studio, $2,016 for one bedroom, $3,460 for two bedrooms, and $6,998 for three bedrooms. Apartment rent in North Loop has increased by 3.0% in the past year.
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Studio
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505 sq ft
Average Sq Ft
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$1,568/month
Average Rent
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1 BR
-
671 sq ft
Average Sq Ft
-
$2,016/month
Average Rent
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2 BR
-
1,197 sq ft
Average Sq Ft
-
$3,460/month
Average Rent
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3 BR
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1,890 sq ft
Average Sq Ft
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$6,998/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly North Loop - Minneapolis, MN is for everyday living.
Very Walkable
83
/ 100
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Excellent Transit
75
/ 100
You’ll have excellent transit living in this area, with several nearby transit stops.
Biker's Paradise
93
/ 100
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
Scores provided by Walk Score
Points of Interest
Shopping Centers
Parks and Recreation
- Sumner Field Park
- Bethune Park
- Harrison Park
- Hall Park
- Boom Island Park
Military Bases
Airports
- Minneapolis-St Paul International/Wold-Chamberlain
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Methodology
† 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 February 2026.