Comptroveby RentSpire

North Loop Minneapolis

270 Hennepin Avenue, Minneapolis, MN, 55401

Market rate 270 units (unit count basis: listing-reported) FEMA/NRI hazard read: Relatively High

Asking & effective rent by bedroom

Average asking rent across observed units: $2,404. Average effective rent: $2,404.

TypeAsking rentEffective rentAvg sqftObservations
Studio$1,365$1,3654432
1 bedroom$2,187$2,18770610
2 bedroom$3,256$3,2561,1395

HUD Fair Market Rent gap

HUD area: Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area.

FMR comparison not observed for this property.

Amenities

No amenities observed for this property.

Operator

Managed by Willow Bridge Property Company.

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

PropertyLocationDistanceAvg askingSimilarity
North Loop Minneapolis, MN 0.16 mi $2,143 74%
Discover Modern Minneapolis Saint Paul Apartments Minneapolis, MN 0.36 mi $2,108 72%
Apartments in Minneapolis Minneapolis, MN 0.81 mi $1,992 72%
Heritage Park Minneapolis, MN 1.06 mi not observed 51%
FloCo Fusion Landmark Apartments Minneapolis, MN 1.35 mi $774 46%
Apartments for Rent in Minneapolis, MN 2.57 mi $1,000 34%
Minneapolis Minneapolis, MN 2.9 mi $5,065 21%

Sources & provenance

Sourced from https://270hennepin.com/floorplans/ — 17 observation(s), last observed Aug 4, 2026.

Data age: 13 days. Last observed: Aug 4, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

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