
Cheap Apartments for Rent in the South Loop Neighborhood of Bloomington, MN from $600 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Loop area of Bloomington.


Metropolitan Towers

Total Monthly Price
Blooming Meadows South

AIRE MSP Apartments

Tiki Apartments

Southgate Apartments
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.

Cedar Glen

Total Monthly Price
The Fenley

Total Monthly Price
8813 18th Avenue South, Unit 4

Total Monthly Price
Carbon31

Indigo Apartments

Cedar Commons Apartments
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.

Winton House Apartments

Seasons Park
Cash 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.

Silver Pines

Richland Court 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.
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 | $1,470 | $1,015 | $1,780 |
| South Loop 1 Bedroom Apartments | $1,558 | $995 | $2,620 |
| South Loop 2 Bedroom Apartments | $1,960 | $1,125 | $5,095 |
| South Loop 3 Bedroom Apartments | $2,257 | $1,700 | $2,788 |
Browse Apartments in this Neighborhood
There are currently 29 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 Winton House Apartments priced from $995. Metropolitan Towers has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. Here are the most affordable South Loop apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Winton House Apartments | The Dorset | 1BR,1BA | $995 |
| Metropolitan Towers | 1.1+denC | 1BR,1BA | $1,099 |
| Blooming Meadows South | Studio, Income Restrictions, NOAH | Studio,1BA | $1,113 |
| AIRE MSP Apartments | Piper | Studio,1BA | $1,120 |
| Cedar Gate | 1.1 Bed | 1BR,1BA | $1,125 |
| 7700 Bloomington Ave South | 2 Bedroom | 2BR,1BA | $1,149 |
| South Pointe | Starboard | 1BR,1BA | $1,180 |
| Southgate Apartments | One Bedroom 675 | 1BR,1BA | $1,195 |
| Corinthian Apartments | Renovated 1 Bedroom (garden lv) | 1BR,1BA | $1,203 |
| The Fenley | A1 | 1BR,1BA | $1,273 |
Best Value Apartments for Rent in South Loop, MN
As of November 25, 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 1.1+denB Model at Metropolitan Towers starting at $1,300 with a $1.30 price per square foot in the Nicols 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. |
|---|---|---|---|
| Blooming Meadows North | 2 Bedroom | 2BR,1BA | $1.30 |
| Metropolitan Towers | 1.1+denB | 1BR,1BA | $1.30 |
| Silver Pines | Two Bedroom, One Bathroom | 2BR,1BA | $1.45 |
| Richland Court Apartments | The Lucas | 2BR,1BA | $1.48 |
| Seasons Park | 2 Bedroom, Type C, Income Restrictions | 2BR,1BA | $1.62 |
| Cedar Gate | 1.1 Bed | 1BR,1BA | $1.25 |
| Cedar Glen | 2.1bed | 2BR,1BA | $1.53 |
| Cedar Apartments | 2 Bedroom | 2BR,1BA | $1.68 |
| South Pointe | Starboard | 1BR,1BA | $1.57 |
| Winton House Apartments | The Dorset | 1BR,1BA | $1.70 |
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 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 #3
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,273.
What is the price of a cheap apartment in South Loop?
The cheapest apartment in South Loop is Winton House Apartments which is listed at $995, while the average apartment in South Loop costs $2,100.
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 15 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 $284 which is $1,816 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.

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.

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!

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.












