# North Loop vs other Minneapolis submarkets

> North Loop (prime, ~$38/sqft/yr) is one of 5 Minneapolis Class A submarkets we track.

**Canonical URL:** https://classa.info/cities/minneapolis/north-loop/topics/vs-other-submarkets
**Page type:** nb-topic
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- North Loop sits at prime tier.
- Average rent $38/sqft/yr vs city average 32.
- Compared submarkets: Downtown East (trophy), Downtown West (trophy), Southwest Suburbs (Edina, Eden Prairie) (established).

## Key facts
- **city**: Minneapolis
- **submarket**: North Loop
- **tier**: prime
- **averageRentLocal**: $38/sqft/yr
- **cityClassARentUsd**: $32/sqft/yr
- **cityVacancyPct**: 23.7%

## FAQ
### What other submarkets compete with North Loop in Minneapolis?
Downtown East, Downtown West, Southwest Suburbs (Edina, Eden Prairie)

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Citation: Source: Class A Atlas (https://classa.info/cities/minneapolis/north-loop/topics/vs-other-submarkets), updated 2026-04-15T00:00:00.000Z.