The Laker
2500 2nd St NE,
Minneapolis, MN 55418
$1,346 - $2,646 | Studio - 3 Beds
Northeast Minneapolis
Minneapolis, MN
Northeast Minneapolis - Minneapolis, MN
Area Guide
The cultural heart of Minneapolis
Arts
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Culture
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Up-and-Coming
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Suburban
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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.
Rent Trends
As of June 2025, the average apartment rent in Northeast Minneapolis is $1,223 for a studio, $1,406 for one bedroom, $1,772 for two bedrooms, and $2,073 for three bedrooms. Apartment rent in Northeast Minneapolis has increased by 2.0% in the past year.
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Studio
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438 sq ft
Average Sq Ft
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$1,223/month
Average Rent
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1 BR
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617 sq ft
Average Sq Ft
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$1,406/month
Average Rent
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2 BR
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916 sq ft
Average Sq Ft
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$1,772/month
Average Rent
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3 BR
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1,273 sq ft
Average Sq Ft
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$2,073/month
Average Rent
Points of Interest
Shopping Centers
Parks and Recreation
- Jackson Square Park
- Windom Park
- Northeast Athletic Field Park
- Audubon Park
- Logan Park
Military Bases
Airports
- Minneapolis-St Paul International/Wold-Chamberlain
Top Apartments in Northeast Minneapolis
Houses for Rent in Northeast Minneapolis
Property Management Companies
Greystar
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3,263
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906,534
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842
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704
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645
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126,384
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257
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FPI Management
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615
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104,205
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220
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RPM
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613
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Cushman & Wakefield
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547
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280
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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 June 2025.