As of April 2026, rental prices in North Loop / Warehouse District, MN range from $1,700 to $3,010 per month depending on property type and bedroom count.
The largest year-over-year increase occurred in 2BR condo/townhome units, which rose 12.76%.
For 2BR units, condos/townhomes have a median rent of $2,719 while apartments are at $2,552.
What is the rental price range in North Loop / Warehouse District, MN as of April 2026?
As of April 2026, rents in North Loop / Warehouse District, MN span from $1,700 per month for a 1BR single-family home to $3,010 per month for a 4BR single-family residence.
Which segment saw the sharpest month-over-month change in North Loop / Warehouse District, MN in April 2026?
The largest month-over-month increase was for 2BR condo/townhomes, which rose 9.77% in April 2026.
Are rents generally rising, falling, or mixed across property types in North Loop / Warehouse District, MN?
Rents are mostly rising across segments, with all bedroom/property types showing positive month-over-month changes except for 1BR apartments (-1.32%), 4BR apartments (-0.03%), and 3BR condo/townhomes (-0.04%).
Which segment led annual growth in North Loop / Warehouse District, MN, and is the gain broad or concentrated?
2BR condo/townhomes experienced the biggest annual increase at 12.76% year-over-year, and condos/townhomes performed strongly across other bedrooms as well, with 1BR up 10.06% YoY and overall positive growth in every category.
North Loop / Warehouse District, MN
April 2026
55401
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,778 – $1,965
-1.32%
6.49%
2-Bedroom
$2,412 – $2,693
2.04%
7.33%
3-Bedroom
$2,496 – $2,704
0.85%
7.22%
4-Bedroom
$2,841 – $2,981
-0.03%
2.84%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,908 – $2,109
5.50%
10.06%
2-Bedroom
$2,596 – $2,841
9.77%
12.76%
3-Bedroom
$2,566 – $2,692
-0.04%
2.51%
4-Bedroom
$2,907 – $3,027
0.20%
2.76%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,681 – $1,759
0.59%
6.25%
2-Bedroom
$1,984 – $2,083
0.60%
5.60%
3-Bedroom
$2,650 – $2,854
0.26%
3.61%
4-Bedroom
$2,920 – $3,100
0.10%
2.56%
Data updated: June 2, 2026
In the North Loop / Warehouse District (55401) rental market, 2-bedroom condos/townhomes reached a median rent of $2,719 in April 2026, with a 12.76% year-over-year increase. This segment also posted a 9.77% month-over-month gain, emphasizing rapid rent growth in North Loop / Warehouse District (55401) for mid-size condos.
While 1-bedroom condos/townhomes posted a median rent of $2,009 and a 5.5% month-over-month increase, 1-bedroom apartments in North Loop / Warehouse District (55401) declined -1.32% during the same period, trailing condos by $138. This highlights contrasting rent movements within the segment.
The data show North Loop / Warehouse District (55401) rental trends indicate 3-bedroom single-family homes achieved a median rent of $2,752, reflecting a 3.61% year-over-year increase. This segment’s annual growth was less pronounced than the gains seen in apartments or condos/townhomes.
12-Month Median Rent Trend
Apartment
Month
1 BR
2 BR
3 BR
4 BR
April 2026
$1,871
$2,552
$2,600
$2,894
March 2026
$1,896
$2,501
$2,578
$2,895
February 2026
$1,872
$2,501
$2,582
$2,922
January 2026
$1,858
$2,507
$2,591
$2,949
December 2025
$1,833
$2,507
$2,606
$2,970
November 2025
$1,806
$2,470
$2,612
$2,974
October 2025
$1,810
$2,474
$2,602
$2,958
September 2025
$1,841
$2,435
$2,582
$2,935
August 2025
$1,841
$2,470
$2,553
$2,906
July 2025
$1,829
$2,467
$2,512
$2,877
June 2025
$1,811
$2,441
$2,474
$2,853
May 2025
$1,790
$2,395
$2,436
$2,828
Condo / Townhome
Month
1 BR
2 BR
3 BR
4 BR
April 2026
$2,009
$2,719
$2,614
$2,939
March 2026
$1,904
$2,477
$2,615
$2,933
February 2026
$1,878
$2,409
$2,627
$2,948
January 2026
$1,871
$2,447
$2,642
$2,973
December 2025
$1,875
$2,491
$2,666
$3,000
November 2025
$1,858
$2,495
$2,640
$3,016
October 2025
$1,841
$2,495
$2,666
$3,017
September 2025
$1,827
$2,478
$2,676
$3,007
August 2025
$1,832
$2,442
$2,649
$2,988
July 2025
$1,825
$2,489
$2,660
$2,959
June 2025
$1,843
$2,438
$2,626
$2,927
May 2025
$1,828
$2,425
$2,586
$2,890
Single-Family
Month
1 BR
2 BR
3 BR
4 BR
April 2026
$1,700
$2,018
$2,752
$3,010
March 2026
$1,690
$2,006
$2,745
$3,007
February 2026
$1,688
$2,011
$2,758
$3,026
January 2026
$1,686
$2,016
$2,775
$3,053
December 2025
$1,694
$2,031
$2,801
$3,082
November 2025
$1,701
$2,038
$2,817
$3,100
October 2025
$1,698
$2,025
$2,816
$3,101
September 2025
$1,688
$2,017
$2,805
$3,091
August 2025
$1,674
$2,005
$2,788
$3,074
July 2025
$1,660
$1,984
$2,760
$3,045
June 2025
$1,641
$1,959
$2,725
$3,008
May 2025
$1,617
$1,931
$2,683
$2,963
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