Cheap Apartments for Rent in the South Loop Neighborhood of Bloomington, MN from $800 (40 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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Cedar Glen
Rent Specials
$1,000 - $1,340
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,000 - $1,340

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Cedar Glen

9100 Old Cedar Ave SBloomington, MN 55425
Affordability
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  • Customer Reviewed
  • Utilities Included
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South Pointe
$1,045 - $1,655
Total Monthly Price

Total Monthly Price

Base Rent
$1,045 - $1,655

Total Monthly Price
$1,045 - $1,655
Studio to 2 Bedroom Apartments Available Jul 14

South Pointe

651-691 E American BlvdBloomington, MN 55420
Pet Friendly
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  • Customer Reviewed
  • Utilities Included
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AIRE MSP Apartments
$1,108 - $2,148
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $2,140
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

AIRE MSP Apartments

3 Appletree sqBloomington, MN 55425
Furnished
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  • Customer Reviewed
  • 3D Tour
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Blooming Meadows South
$1,113 - $1,464
Total Monthly Price

Total Monthly Price

Base Rent
$1,098 - $1,449
Required Monthly Fees
$15

Total Monthly Price
$1,113 - $1,464
Studio to 2 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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Tiki Apartments
Rent Specials
$1,195 - $1,460
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195 - $1,460

Total Monthly Price
$1,195 - $1,460
1 to 2 Bedroom Apartments Available Now

Tiki Apartments

1701 E 80th StBloomington, MN 55425
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Metropolitan Towers
$1,255 - $1,495
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,255 - $1,495

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Metropolitan Towers

2324 E Old Shakopee RdBloomington, MN 55425
Cost Per Sq.Ft.
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  • Customer Reviewed
  • Utilities Included
property at 9400 Old Cedar Ave S

$1,395

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 Bedroom, 1 Bath Condo for Rent

Available Aug 16

9400 Old Cedar Ave S, Unit 344

9400 Old Cedar Ave S
BloomingtonMN55425

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.

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Risor of Bloomington 55+
$1,954 - $3,265
Total Monthly Price

Total Monthly Price

Base Rent
$1,900 - $3,211
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Risor of Bloomington 55+

8131 34th Ave SBloomington, MN 55425
Senior Living
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 9400 Old Cedar Ave S

$2,000

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

9400 Old Cedar Ave S, Unit 219

9400 Old Cedar Ave S
BloomingtonMN55425
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Cedar Commons
Studio to 3 Bedroom Apartments

Cedar Commons

8660-8680 Old Cedar Ave SBloomington, MN 55425
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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

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.

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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
property at 8935 Old Cedar Ave S

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

8935 Old Cedar Ave S

BloomingtonMN55425
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Winton House Apartments
$1,040 - $1,295
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,040 - $1,295

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Sep 10

Winton House Apartments

7500-7544 Cedar Ave SRichfield, MN 55423
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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Richland Court Apartments
Rent Specials
$1,450 - $1,505
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,395 - $1,450
Required Monthly Fees
$55

Total Monthly Price
$1,450 - $1,505
2 Bedroom Apartments Available Sep 10

Richland Court Apartments

1300-1328 E 78th StRichfield, MN 55423
Furnished
  • Verified
  • Customer Reviewed
  • 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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Cedar Apartments
Studio to 2 Bedroom Apartments

Cedar Apartments

7244 Cedar Ave SRichfield, MN 55423
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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 1 Bed unit found at Cedar Glen priced from $1,000. 7700 Bloomington Ave South has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,049. Here are the most affordable South Loop apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Cedar Glen1.1bed1BR,1BA$1,000
7700 Bloomington Ave South1 Bedroom1BR,1BA$1,049
Cedar Commons1-Bed1BR,1BA$1,065
Cedar Gate1.1 Bed1BR,1BA$1,085
AIRE MSP ApartmentsPiper | Affordable*Studio,1BA$1,108
Blooming Meadows SouthStudio, Income Restrictions, NOAHStudio,1BA$1,113
Seasons Park1 Bedroom, Type B, Income Restrictions1BR,1BA$1,120
Tiki Apartments1 Bed, 1 bath1BR,1BA$1,195
Cedar Apartments2 Bedroom2BR,1BA$1,230

Best Value Apartments for Rent in South Loop, MN

As of July 11, 2026 the best value apartment in the South Loop area is the $1.23 price per square foot 2.1bed Model at Cedar Gate in the in the East Bloomington neighborhood starting from $1,295. The second greatest value South Loop apartment is the 1.1+denA Model at Metropolitan Towers starting at $1,255 with a $1.32 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Cedar Gate2.1bed2BR,1BA$1.23
Metropolitan Towers1.1+denA1BR,1BA$1.32
Silver PinesTwo Bedroom, One Bathroom2BR,1BA$1.47
Cedar Commons1-Bed1BR,1BA$1.22
Seasons Park2 Bedroom, Type B, Income Restrictions2BR,1BA$1.60
Tiki Apartments2BR, 1BA2BR,1BA$1.70
Cedar Apartments2 Bedroom2BR,1BA$1.62
8813 18th Avenue South8813 18th Avenue South2BR,1BA$1.70
7700 Bloomington Ave South1BR/1.0BA1BR,1BA$1.71
Cedar Glen1.1bed1BR,1BA$1.54

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick 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.

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Pet Friendly Lifestyle
South Loop, Bloomington, MN

Ranked #4

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,230.

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

The cheapest apartment in South Loop is Cedar Glen which is listed at $1,000, 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 76 regular apartments in South Loop that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.