North Loop / Warehouse District, MN · Minneapolis metro
Long-term Rental Rates — September 2026 · ZIPs: 55401
Local market data by Estaite
As of September 2026, rental prices in North Loop / Warehouse District (55401), in the Minneapolis metro area, range from $1,788 to $3,141 per month depending on property type and bedroom count.
The largest year-over-year rent increase was for 2-bedroom apartments in North Loop / Warehouse District, MN, rising 10.22%.
For 2-bedrooms, apartments have a median rent of $2,684 while condos/townhomes are slightly higher at $2,702.
What is the overall rent range in North Loop / Warehouse District, MN?
As of September 2026, rents range from $1,788 per month for single-family 1BRs up to $3,141 per month for single-family 4BRs.
Which segment had the biggest month-over-month change in North Loop / Warehouse District, MN this month?
3-bedroom apartments experienced the sharpest month-over-month increase, rising 5.75% to a median of $2,800 in September 2026.
Are rents in North Loop / Warehouse District, MN rising or falling across segments in September 2026?
Most property types and bedrooms showed month-over-month increases in September 2026, but 2-bedroom condos/townhomes declined by -1.72%, and 1-bedroom single-family homes declined by -2.30%.
Which segment saw the largest year-over-year increase in North Loop / Warehouse District, MN, and is this trend broad or isolated?
2-bedroom apartments saw the biggest year-over-year growth at 10.22%, and apartment rents increased in all bedroom counts, showing broad strength in the apartment segment.
North Loop / Warehouse District, MN· Minneapolis metro
September 2026
55401
Long-term Rental Rates
Long-term rental rates for North Loop / Warehouse District (55401), in the Minneapolis metro area, as of September 2026.
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,763 – $1,948
0.04%
0.78%
2-Bedroom
$2,536 – $2,831
2.93%
10.22%
3-Bedroom
$2,688 – $2,912
5.75%
8.46%
4-Bedroom
$2,934 – $3,090
0.84%
2.21%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,933 – $2,073
0.73%
9.65%
2-Bedroom
$2,594 – $2,810
-1.72%
9.03%
3-Bedroom
$2,650 – $2,814
0.40%
2.09%
4-Bedroom
$2,994 – $3,152
0.46%
2.23%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,767 – $1,840
-2.30%
5.92%
2-Bedroom
$2,053 – $2,156
0.52%
5.16%
3-Bedroom
$2,792 – $2,964
0.42%
2.60%
4-Bedroom
$3,047 – $3,235
0.42%
1.62%
Data updated: October 19, 2026
North Loop / Warehouse District Rental Trends · Minneapolis metro
In the North Loop / Warehouse District (55401) rental market, 1-bedroom condo/townhome units climbed 8.55% year-over-year to a median rent of $1,989 in August 2026. This growth surpassed 1-bedroom apartments, which saw a smaller annual increase to $1,855, and single-family homes, which ended at $1,830.
Median rent for 2-bedroom apartments in North Loop / Warehouse District (55401) fell by 2.56% month-over-month, settling at $2,608. By contrast, 2-bedroom condos/townhomes increased 3.78% monthly to $2,749, showing a clear divergence between apartment and condo segments.
The data underlying North Loop / Warehouse District (55401) rental trends reveal that 4-bedroom single-family homes commanded the highest dollar median at $3,128, rising 1.76% year-over-year. This segment remains the top-priced option for tenants seeking larger units.
12-Month Median Rent Trend
Apartment
Month
1 BR
2 BR
3 BR
4 BR
September 2026
$1,855
$2,684
$2,800
$3,000
August 2026
$1,855
$2,608
$2,648
$2,975
July 2026
$1,847
$2,676
$2,628
$2,948
June 2026
$1,850
$2,617
$2,629
$2,927
May 2026
$1,883
$2,549
$2,606
$2,901
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
Condo / Townhome
Month
1 BR
2 BR
3 BR
4 BR
September 2026
$2,003
$2,702
$2,732
$3,074
August 2026
$1,989
$2,749
$2,721
$3,060
July 2026
$1,923
$2,649
$2,700
$3,033
June 2026
$1,905
$2,656
$2,673
$3,000
May 2026
$1,996
$2,626
$2,632
$2,961
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
Single-Family
Month
1 BR
2 BR
3 BR
4 BR
September 2026
$1,788
$2,121
$2,878
$3,141
August 2026
$1,830
$2,110
$2,866
$3,128
July 2026
$1,758
$2,093
$2,845
$3,105
June 2026
$1,739
$2,059
$2,813
$3,072
May 2026
$1,718
$2,039
$2,775
$3,032
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
Similar Markets in Minneapolis-St. Paul-Bloomington