
Cheap Homes for Rent in South Loop Neighborhood of Bloomington, MN from $1,100 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the South Loop area of Bloomington.


1700 E 80th St, Unit Apt 4
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.

9001 18th Ave S, Unit 2

8161 33rd Ave S, Unit 904, Unit 904
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.

1903 Silver Bell Rd
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 | $2,098 | $2,000 | $2,295 |
| South Loop 3 Bedroom Homes for Rent | $2,240 | $1,800 | $2,526 |
| South Loop 4 Bedroom Homes for Rent | $2,522 | $2,150 | $2,895 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the South Loop Neighborhood of Bloomington, MN.
Explore Bloomington
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 1 Bed unit found at Community Court Apartments priced from $1,049. South Pointe has the second lowest priced unit, which is a Studio apartment currently listed from $1,070. Here are the most affordable South Loop apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Community Court Apartments | 1 Bedroom | 1BR,1BA | $1,049 |
| South Pointe | Ballast | Studio,1BA | $1,070 |
| Blooming Meadows South | Studio, Income Restrictions, NOAH | Studio,1BA | $1,113 |
Best Value Apartments for Rent in South Loop, MN
As of April 12, 2026 the best value apartment in the South Loop area is the $1.20 price per square foot 3 Bedroom 2.75 Bath Model at Wuthering Heights in the in the Terra Glenn neighborhood starting from $2,703. The second greatest value South Loop apartment is the The Lucas Model at Richland Court Apartments starting at $1,450 with a $1.54 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wuthering Heights | 3 Bedroom 2.75 Bath | 3BR,2.75BA | $1.20 |
| Richland Court Apartments | The Lucas | 2BR,1BA | $1.54 |
| Tiki Apartments | 2BR, 1BA | 2BR,1BA | $1.70 |
| Cedar Glen | 2.1bed | 2BR,1BA | $1.53 |
| Cedar Apartments | 2 Bedroom | 2BR,1BA | $1.64 |
| 8813 18th Avenue South | 8813 18th Avenue South | 2BR,1BA | $1.70 |
| Silver Pines | One Bedroom | 1BR,1BA | $1.67 |
| Community Court Apartments | 1 Bedroom | 1BR,1BA | $1.55 |
| Corinthian Apartments | 1 Bedroom 1 Bath Garden Level | 1BR,1BA | $1.69 |
| Seasons Park | 1 Bedroom, Type A, Income Restrictions | 1BR,1BA | $1.72 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleCash 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.
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 #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 60 Apartments for Rent in South Loop, MN with pricing that ranges from $995 to $5,179. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Loop ranging from $1,100 to $2,895.
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 $1,100 to $2,895 with an average monthly rent of $2,071.
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
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.

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes
Written by: Stephanie Lica
Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.
Articles, How-To's, and Tips

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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.