
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.


Blooming Meadows South

Oxboro Heights - 55+

Tiki Apartments

Metropolitan Towers

Cedar Glen
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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.

Southgate Apartments

International Village Apartments

AIRE MSP Apartments

8813 18th Avenue South, Unit 4

Carbon31

Cedar Commons 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.

1501 American Blvd E

Winton House

Seasons Park Apartments
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Eagan Heights Apartments

The Chamberlain Apartments
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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 | $1,593 | $985 | $6,617 |
South Loop 1 Bedroom Apartments | $1,772 | $1,045 | $4,246 |
South Loop 2 Bedroom Apartments | $2,065 | $1,185 | $5,196 |
South Loop 3 Bedroom Apartments | $2,628 | $1,500 | $6,356 |
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.
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South Loop, Bloomington, MN Local Guide
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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 Blooming Meadows South priced from $1,098. Seasons Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,120. Here are the most affordable South Loop apartments for rent in Minneapolis, MN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Blooming Meadows South | Studio, Income Restrictions, NOAH | Studio,1BA | $1,098 |
Seasons Park Apartments | 1 Bedroom, Type B, Income Restrictions | 1BR,1BA | $1,120 |
Oxboro Heights - 55+ | Dupont (Studio) | Studio,1BA | $1,130 |
South Pointe | Starboard | 1BR,1BA | $1,155 |
Tiki Apartments | 1 BR, 1 BA | 1BR,1BA | $1,175 |
Richland Court | The Lucas | 2BR,1BA | $1,185 |
Cedar Glen | 1.1bed | 1BR,1BA | $1,195 |
Metropolitan Towers | 1.1+denA | 1BR,1BA | $1,195 |
International Village Apartments | One Bedroom, One Bath | 1BR,1BA | $1,225 |
Cedar Gate | 1.1 Bed | 1BR,1BA | $1,225 |
Best Value Apartments for Rent in South Loop, MN
As of June 06, 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 3 Beds, 2 baths Model at Colonial Estates Townhomes starting at $1,500 with a $1.36 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 |
Colonial Estates Townhomes | 3 Beds, 2 baths | 3BR,2BA | $1.36 |
Metropolitan Towers | 1.1+denB | 1BR,1BA | $1.30 |
Silver Pines | Two Bedroom, One Bathroom | 2BR,1BA | $1.46 |
Corinthian Apartments | 2 Bedroom 1.5 Bath with Balcony | 2BR,1.5BA | $1.58 |
Richland Court | The Lucas | 2BR,1BA | $1.26 |
Cedar Gate | 1.1 Bed | 1BR,1BA | $1.36 |
South Pointe | Starboard | 1BR,1BA | $1.54 |
8813 18th Avenue South, Unit 4 | 8813 18th Avenue South | 2BR,1BA | $1.67 |
Tiki Apartments | 1 BR, 1 BA | 1BR,1BA | $1.61 |
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.
Pet Friendly LifestyleSouth Loop, Bloomington, MN
Ranked #4
Among neighborhoods in Bloomington, MN 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 $1,225.
What is the price of a cheap apartment in South Loop?
The cheapest apartment in South Loop is South Pointe which is listed at $1,155, 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 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 $237 which is $1,938 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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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.

The Art of the Rental Viewing: What to look for during a property tour
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You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.