The Laker
2500 2nd St NE,
Minneapolis, MN 55418
$1,329 - $2,898 | Studio - 3 Beds
The sprawling northeast region of Minneapolis is an up-and-coming area stretching north from Hennepin Avenue up towards 37th Avenue Northeast and bounded by Stinson Boulevard to the east and the great Mississippi River to the west. The neighborhood is known for art galleries and studios in the Northeast Minneapolis Arts District, plus a mix of artisanal food shops, craft breweries, dive bars and decades-old delis and cafes. Dining options range from experimental restaurants to old-school supper clubs. Along the river, Boom Island Park offers downtown skyline views and a footbridge to Nicollet Island.
As of July 2025, the average apartment rent in Northeast Minneapolis is $1,224 for a studio, $1,400 for one bedroom, $1,804 for two bedrooms, and $2,204 for three bedrooms. Apartment rent in Northeast Minneapolis has increased by 2.0% in the past year.
Studio
437 sq ft
Average Sq Ft
$1,224/month
Average Rent
1 BR
616 sq ft
Average Sq Ft
$1,400/month
Average Rent
2 BR
917 sq ft
Average Sq Ft
$1,804/month
Average Rent
3 BR
1,277 sq ft
Average Sq Ft
$2,204/month
Average Rent
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† 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 June 2025.