9901 Elliot Ave S
MinneapolisMN55420
Cheap Homes for Rent in South Loop Neighborhood of Bloomington, MN from $1,000 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the South Loop area of Bloomington.
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$1,0501 Bedroom Apartments Available Jul 1
8813 18th Ave S
8813 18th Ave SBloomington, MN 55425
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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$1,2752 Bedroom Apartments Available Jun 1
8813 18th Ave S
8813 18th Ave SBloomington, MN 55425
8161 33rd Ave S, Unit 904
8161 33rd 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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South Loop, Bloomington, MN Local Guide
How much does it cost to rent a home in South Loop?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Loop 2 Bedroom Homes for Rent | $1,848 | $1,650 | $2,000 |
| South Loop 3 Bedroom Homes for Rent | $2,460 | $2,395 | $2,525 |
| South Loop 4 Bedroom Homes for Rent | $3,022 | $2,995 | $3,050 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 4 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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Best Value Apartments for Rent in South Loop, MN
As of May 27, 2026 the best value apartment in the South Loop area is the $1.99 price per square foot 2 BD Townhome - Updated Kitchen & Floor Model at Georgetown Park of Bloomington in the in the East Bloomington neighborhood starting from $1,955. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Georgetown Park of Bloomington | 2 BD Townhome - Updated Kitchen & Floor | 2BR,1.5BA | $1.99 |
| Metropolitan Towers | 1.1+denA | 1BR,1BA | $1.32 |
| Richland Court Apartments | The Lucas | 2BR,1BA | $1.54 |
| Blooming Meadows North | 2 Bedroom, Income Restrictions | 2BR,1BA | $1.98 |
| Seasons Park | 2 Bedroom, Type B, Income Restrictions | 2BR,1BA | $1.60 |
| Tiki Apartments | 2BR, 1BA | 2BR,1BA | $1.70 |
| Silver Pines | One Bedroom | 1BR,1BA | $1.63 |
| 7700 Bloomington Ave South | 1 Bedroom | 1BR,1BA | $1.55 |
| Corinthian Apartments | Renovated 1 bedroom 1 bath | 1BR,1BA | $1.79 |
| Southgate Apartments | One Bedroom 643 | 1BR,1BA | $1.94 |
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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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 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 South Loop
What type of rentals are currently available in South Loop?
There are currently 62 Apartments for Rent in South Loop, MN with pricing that ranges from $1,000 to $4,322. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Loop ranging from $1,000 to $3,050.
What is the current price range for Rental Homes in South Loop?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Loop ranges from $1,000 to $3,050 with an average monthly rent of $2,202.
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
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.