
Cheap Apartments for Rent in the South Loop Neighborhood of Bloomington, MN from $600 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Loop area of Bloomington.


Total Monthly Price
South Pointe

Total Monthly Price
Blooming Meadows South

AIRE MSP Apartments

Total Monthly Price
Tiki Apartments

Southgate Apartments

Metropolitan Towers
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1700 E 80th St

Cedar Glen

Total Monthly Price
8813 18th Avenue South, Unit 4

Indigo Apartments

Total Monthly Price
Carbon31

Total Monthly Price
The Fenley

Ardor on the Bluffs South Loop Residences
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Cedar Commons Apartments

Cedar Court West Apartments

Cedar Court Apartments

Cedar Gate

Cedar Cliff Village

Winston Apartments

Cedar Cliff Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Winton House Apartments

Seasons Park

Silver Pines

Richland Court Apartments

7600 Cedar Ave S

Virginian Apartment

Eastfield
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

7700 Bloomington Ave South

Corinthian Apartments

Cedar Apartments
South Loop, Bloomington, MN Local Guide

How much does it cost to rent an apartment in South Loop?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Loop Studio Apartments | $1,479 | $1,015 | $1,780 |
| South Loop 1 Bedroom Apartments | $1,586 | $984 | $2,620 |
| South Loop 2 Bedroom Apartments | $1,904 | $1,125 | $5,095 |
| South Loop 3 Bedroom Apartments | $2,132 | $1,511 | $2,788 |
| South Loop 4 Bedroom Apartments | $1,950 | $1,640 | $2,251 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the South Loop Neighborhood of Bloomington, MN.
See all Apartments in BloomingtonExplore Bloomington
South Loop, Bloomington, MN Local Guide
- Nearby Bloomington neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available South Loop Apartments for Rent
 The cheapest available apartment rental in the South Loop area of Minneapolis, MN is a 1 Bed unit found at 7700 Bloomington Ave South priced from $1,049. Cedar Gate has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. Here are the most affordable South Loop apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 7700 Bloomington Ave South | 1 Bedroom | 1BR,1BA | $1,049 |
| Cedar Gate | 1.1 Bed | 1BR,1BA | $1,075 |
| Blooming Meadows South | Studio, Income Restrictions, NOAH | Studio,1BA | $1,113 |
| Seasons Park | 1 Bedroom, Type B, Income Restrictions | 1BR,1BA | $1,120 |
| Winton House Apartments | The Zera | 2BR,1BA | $1,125 |
| AIRE MSP Apartments | Blackbird | Studio,1BA | $1,147 |
| South Pointe | Starboard | 1BR,1BA | $1,180 |
| Tiki Apartments | 1 BR, 1 BA | 1BR,1BA | $1,195 |
| Southgate Apartments | One Bedroom 675 | 1BR,1BA | $1,195 |
| Metropolitan Towers | 1.1+denC | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in South Loop, MN
As of January 11, 2026 the best value apartment in the South Loop area is the $1.26 price per square foot 1.1+denB Model at Metropolitan Towers in the in the Nicols neighborhood starting from $1,255. The second greatest value South Loop apartment is the The Lucas Model at Richland Court Apartments starting at $1,395 with a $1.48 price per square foot in the East Bloomington neighborhood. Here is today’s list of the best values for South Loop apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Metropolitan Towers | 1.1+denB | 1BR,1BA | $1.26 |
| Richland Court Apartments | The Lucas | 2BR,1BA | $1.48 |
| Cedar Gate | 1.1 Bed | 1BR,1BA | $1.19 |
| Winton House Apartments | The Zera | 2BR,1BA | $1.31 |
| Silver Pines | One Bedroom | 1BR,1BA | $1.67 |
| South Pointe | Starboard | 1BR,1BA | $1.57 |
| 8813 18th Avenue South, Unit 4 | 8813 18th Avenue South | 2BR,1BA | $1.70 |
| Tiki Apartments | 1 BR, 1 BA | 1BR,1BA | $1.64 |
| 7700 Bloomington Ave South | 1 Bedroom | 1BR,1BA | $1.55 |
| Seasons Park | 1 Bedroom, Type A, Income Restrictions | 1BR,1BA | $1.72 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleSouth Loop, Bloomington, MN
Ranked #4
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap South Loop Apartments
What is a cheap apartment in South Loop?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Loop is under $1,200.
What is the price of a cheap apartment in South Loop?
The cheapest apartment in South Loop is 7700 Bloomington Ave South which is listed at $1,049, while the average apartment in South Loop costs $2,075.
What types of apartments are the cheapest in South Loop?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 62 regular apartments in South Loop that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in South Loop?
Cheap apartments in South Loop have an average cost of $892 which is $1,183 cheaper than the average rent for all rentals in South Loop.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes
Written by: Stephanie Lica
Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.
Articles, How-To's, and Tips

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!