O2
250 Portland Ave,
Minneapolis, MN 55401
$1,709 - $7,046 Plus Fees
1-2 Beds
Located just northwest of Downtown Minneapolis along the Mississippi River, the Warehouse District is a vibrant neighborhood often looped in with the neighboring North Loop community. The Warehouse District is revered for its gritty vibe and trendy offerings, teeming with independent restaurants, bars, shops, and entertainment venues in renovated brick buildings.
The Warehouse District contains a wide variety of rentals, from luxury apartments in newly constructed buildings to stylish lofts in restored warehouses. Residents are drawn to the neighborhood for its central locale, excellent walkability, and many vibrant amenities. Convenience to the Metro Transit’s Blue and Green lines as well as multiple highways makes getting around from the Warehouse District simple.
As of December 2025, the average apartment rent in Warehouse District is $1,487 for a studio, $1,894 for one bedroom, $2,752 for two bedrooms, and $4,322 for three bedrooms. Apartment rent in Warehouse District has increased by 5.3% in the past year.
Studio
489 sq ft
Average Sq Ft
$1,487/month
Average Rent
1 BR
716 sq ft
Average Sq Ft
$1,894/month
Average Rent
2 BR
1,076 sq ft
Average Sq Ft
$2,752/month
Average Rent
3 BR
1,599 sq ft
Average Sq Ft
$4,322/month
Average Rent
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
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.
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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 November 2025.