Cheap Apartments for Rent in the Loring Park Neighborhood of Minneapolis, MN from $600 (57 Rentals)

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Cheap Apartments in the Loring Park area of Minneapolis.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Loring Park - One of the Best Affordable Neighborhoods in Minneapolis

Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

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Spruce Place Apartments
Studio to 1 Bedroom Apartments

Spruce Place Apartments

1365 Spruce PlMinneapolis, MN 55403
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The Kensington
Studio Apartments

The Kensington

21-27 14th St WMinneapolis, MN 55403
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The Archdale
Studio Apartments

The Archdale

1600 1st Ave SMinneapolis, MN 55403
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The Chelsea
Studio Apartments

The Chelsea

1820 Stevens AveMinneapolis, MN 55403
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Mallbrook
Studio to 2 Bedroom Apartments

Mallbrook

1810 3rd Ave SMinneapolis, MN 55404
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The Hollywood
1 to 2 Bedroom Apartments

The Hollywood

1816 Stevens AveMinneapolis, MN 55403
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316 On The Park
Studio to 1 Bedroom Apartments

316 On The Park

316 Oak Grove StMinneapolis, MN 55403
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1830 Stevens Ave
1 Bedroom Apartments

1830 Stevens Ave

1830 Stevens AveMinneapolis, MN 55403
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322 Clifton Ave
Studio to 1 Bedroom Apartments

322 Clifton Ave

322 Clifton AveMinneapolis, MN 55403
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Cromwell Commons
Studio to 1 Bedroom Apartments

Cromwell Commons

10 E 15th StMinneapolis, MN 55403
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Grove 94
1 to 2 Bedroom Apartments

Grove 94

215 Oak Grove StMinneapolis, MN 55403
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1524 Lasalle
1 Bedroom Apartments

1524 Lasalle

1524 Lasalle AveMinneapolis, MN 55403
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1806 3rd Ave
1 Bedroom Apartments

1806 3rd Ave

1806 3rd Ave SMinneapolis, MN 55404
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Showing Results 1-50, Page 1 of 2

Loring Park, Minneapolis, MN Local Guide

Cheapest Available Loring Park Apartments for Rent

 

The cheapest available apartment rental in the Loring Park area of Minneapolis, MN is a Studio unit found at Shoreline Plaza priced from $653. Stevens Community Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Loring Park apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Shoreline PlazaStudioStudio,1BA$653
Stevens Community ApartmentsStudioStudio,1BA$700
Loring Manor ApartmentsStudioStudio,1BA$775
Copenhagen Enterprises1530 LaSalle Ave StudioStudio,1BA$775
Loring Park Flats0BR/1.0BAStudio,1BA$800
The Buckingham / The Commodore / The Parkway ApartmentsA7 (Parkway)Studio,1BA$803
The Park ApartmentsGritz Studio - CStudio,1BA$820
Haverhill | Origen Living1BR/1.0BA1BR,1BA$840
Hawthorne GatesConcord StudioStudio,1BA$850
Abbott ApartmentsStudio - J04aStudio,1BA$875

Best Value Apartments for Rent in Loring Park, MN

As of May 06, 2025 the best value apartment in the Loring Park area is the $1.41 price per square foot 343 E 19th St Model at 343 E 19th St, Unit 1B in the in the Greater Central neighborhood starting from $1,300. The second greatest value Loring Park apartment is the 1 bed 1 Beth Model at Three-Thirty-Three Oak Grove starting at $950 with a $1.09 price per square foot in the Greater Central neighborhood. Here is today’s list of the best values for Loring Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
343 E 19th St, Unit 1B343 E 19th St1BR,1BA$1.41
Three-Thirty-Three Oak Grove1 bed 1 Beth1BR,1BA$1.09
225/227/233 Oak Grove St – Oak Grove DowntownTriplets 1 Bedroom1BR,1BA$1.47
1400-1408 Spruce Pl – Oak Grove DowntownSpruce 1 Bedroom1BR,1BA$1.49
St. George ApartmentsStudio-DeluxeStudio ,1BA$1.38
Oak Grove Apartment Hotel1BR/1.0BA1BR,1BA$1.55
Haverhill | Origen Living1BR/1.0BA1BR,1BA$1.39
Yale Place Apartments1 Bedroom1BR,1BA$1.54
Loring Grove Apartments1 Bedroom1BR,1BA$1.48
1910 1st Ave S1BR/1.0BA1BR,1BA$1.61

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Minneapolis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Loring Park Neighborhood in Minneapolis, MN

Walk Score®

93 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

86 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

73 / 100

Excellent Transit

Transit is convenient for most trips

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 Loring Park Apartments

What is a cheap apartment in Loring Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Loring Park is under $875.

What is the price of a cheap apartment in Loring Park?

The cheapest apartment in Loring Park is Shoreline Plaza which is listed at $792, while the average apartment in Loring Park costs $5,341.

What types of apartments are the cheapest in Loring Park?

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 14 regular apartments in Loring Park 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 Loring Park?

Cheap apartments in Loring Park have an average cost of $157 which is $5,184 cheaper than the average rent for all rentals in Loring Park.

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

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

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.