Cheap Apartments for Rent in the South Loop Neighborhood of Bloomington, MN from $600 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Loop area of Bloomington.

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South Pointe
Rent Specials
$1,015 - $1,630
Total Monthly Price

Total Monthly Price

Base Rent
$1,015 - $1,630

Total Monthly Price
$1,015 - $1,630
Studio to 2 Bedroom Apartments Available Now

South Pointe

651-691 E American BlvdBloomington, MN 55420
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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Blooming Meadows South
$1,113 - $1,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,098 - $1,685
Required Monthly Fees
$15

Total Monthly Price
$1,113 - $1,700
Studio to 3 Bedroom Apartments Available Now

Blooming Meadows South

1930 E 86th StBloomington, MN 55425
Active Lifestyle
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  • Customer Reviewed
  • Low Income
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Cedar Glen
Rent Specials
$1,230 - $1,342
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Cedar Glen

9100 Old Cedar Ave SBloomington, MN 55425
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  • Customer Reviewed
  • Utilities Included
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Carbon31
Rent Specials
$1,273 - $8,485
Total Monthly Price

Total Monthly Price

Base Rent
$1,265 - $8,477
Required Monthly Fees
$8

Total Monthly Price
$1,273 - $8,485
Studio to 3 Bedroom Apartments Available Now

Carbon31

8100 31st AveBloomington, MN 55425
Luxury
  • Verified
  • Customer Reviewed
  • Matterport 3D Tour
property at 9400 Old Cedar Ave S

9400 Old Cedar Ave S, Unit 105

9400 Old Cedar Ave S
BloomingtonMN55425
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The Fenley
Rent Specials
$1,334 - $4,334
Total Monthly Price

Total Monthly Price

Base Rent
$1,328 - $4,328
Required Monthly Fees
$6

Total Monthly Price
$1,334 - $4,334
1 to 3 Bedroom Apartments Available Now

The Fenley

8051 33rd Ave SBloomington, MN 55425
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  • Customer Reviewed
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Cedar Court Apartments
1 to 2 Bedroom Apartments

Cedar Court Apartments

9005-9045 Old Cedar Ave SBloomington, MN 55425
  • Utilities Included
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Cedar Gate
1 to 2 Bedroom Apartments

Cedar Gate

8300 Old Cedar Ave SBloomington, MN 55425
  • Utilities Included
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Cedar Cliff Village
Studio to 1 Bedroom Apartments

Cedar Cliff Village

9250 Old Cedar Ave SBloomington, MN 55425
  • Utilities Included
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Winston Apartments
Studio to 2 Bedroom Apartments

Winston Apartments

9101 Old Cedar Ave SBloomington, MN 55425
  • Utilities Included
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Cedar Cliff Apartments
1 to 2 Bedroom Apartments

Cedar Cliff Apartments

9300 Old Cedar Ave SBloomington, MN 55425
  • Utilities Included
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7600 Cedar Ave S
1 Bedroom Apartments

7600 Cedar Ave S

7600 Cedar Ave SRichfield, MN 55423
  • Utilities Included
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Virginian Apartment
1 to 2 Bedroom Apartments

Virginian Apartment

7700 12th AveRichfield, MN 55423
  • Utilities Included
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Eastfield
1 Bedroom Apartments

Eastfield

7137 Chicago Ave SRichfield, MN 55423
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Corinthian Apartments
1 to 2 Bedroom Apartments

Corinthian Apartments

631 E 77th StRichfield, MN 55423
  • Utilities Included
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Cedar Apartments
Studio to 2 Bedroom Apartments

Cedar Apartments

7244 Cedar Ave SRichfield, MN 55423
  • Utilities Included

South Loop, Bloomington, MN Local Guide

Cheapest Available South Loop Apartments for Rent

 

The cheapest available apartment rental in the South Loop area of Minneapolis, MN is a Studio unit found at South Pointe priced from $1,060. Cedar Gate has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,084. Here are the most affordable South Loop apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
South PointeBallastStudio,1BA$1,060
Cedar Gate1.1 Bed1BR,1BA$1,084
Metropolitan Towers1.1+denC1BR,1BA$1,099
Blooming Meadows SouthStudio, Income Restrictions, NOAHStudio,1BA$1,113
Seasons Park1 Bedroom, Type A, Income Restrictions1BR,1BA$1,120
Winton House ApartmentsThe Dorset1BR,1BA$1,140
7700 Bloomington Ave South2 Bedroom2BR,1BA$1,149
AIRE MSP ApartmentsPiperStudio,1BA$1,195
Corinthian ApartmentsRenovated 1 Bedroom (garden lv)1BR,1BA$1,199
Southgate ApartmentsOne Bedroom 6751BR,1BA$1,225

Best Value Apartments for Rent in South Loop, MN

As of October 10, 2025 the best value apartment in the South Loop area is the $1.30 price per square foot 2 Bedroom Model at Blooming Meadows North in the in the Nicols neighborhood starting from $1,690. The second greatest value South Loop apartment is the 2.1bed Model at Cedar Gate starting at $1,300 with a $1.24 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Blooming Meadows North2 Bedroom2BR,1BA$1.30
Cedar Gate2.1bed2BR,1BA$1.24
Metropolitan Towers1.1+denB1BR,1BA$1.30
Silver PinesTwo Bedroom, One Bathroom2BR,1BA$1.50
Cedar Glen2.1bed2BR,1BA$1.53
7700 Bloomington Ave South2 Bedroom2BR,1BA$1.39
8813 18th Avenue South, Unit 48813 18th Avenue South2BR,1BA$1.70
Seasons Park1 Bedroom, Type B, Income Restrictions1BR,1BA$1.50
Corinthian ApartmentsRenovated 1 Bedroom (garden lv)1BR,1BA$1.79
Winton House ApartmentsThe Dorset1BR,1BA$1.94

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
South Loop, Bloomington, MN

Ranked #3

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the South Loop Neighborhood in Bloomington, MN

Walk Score®

45 / 100

Car-Dependent

Most errands require a car

Bike Score®

52 / 100

Bikeable

Some bike infrastructure

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 $1,225.

What is the price of a cheap apartment in South Loop?

The cheapest apartment in South Loop is Cedar Gate which is listed at $1,084, while the average apartment in South Loop costs $2,175.

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 21 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 $335 which is $1,840 cheaper than the average rent for all rentals in South Loop.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.