
Cheap Apartments for Rent in the Loring Park Neighborhood of Minneapolis, MN from $600 (74 Rentals)
Search the lowest-cost Apartments available for rent right now in the Loring Park area of Minneapolis.


Copenhagen Enterprises

1820 1st Ave S

Total Monthly Price
Brentwood Apartments

Total Monthly Price
Haverhill Apartments

Stevens Community Apartments

Spruce Place Apartments

Loring Manor Apartments

The Park Apartments

Stradford Flats
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

The Parkway Apartments

Hawthorne Gates

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Loring Grove Apartments

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Oak Grove Downtown

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225–233 Oak Grove – Oak Grove Downtown

Cromwell Commons

Grove 94

Abbott Apartments

St. George Apartments

The Commodore
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Oak Grove Apartment Hotel

The Buckingham Apartments

Loring Park Flats

Three-Thirty-Three Oak Grove

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225 Place Apartments

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440 Ridgewood Ave, Unit 440 Ridgewood

Loring Park

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LaSalle Apartments

Nico East

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1400–1408 Spruce Pl – Oak Grove Downtown
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.

Marquee

Laurel Village

Ridgewood Arches

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1910 1st Ave S

Artistry on 10th

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Arrive Loring Park

508 Ridgewood Ave

The Metro Apartments

430 Oak Grove

One Ten Grant
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!

ELEVATE Apartment Homes

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Vue Apartment Homes

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Bowler Lofts

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Eitel Apartments

The Abbey Apartments

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1500 Nicollet

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LPM Apartments

Marquette Place

1225 Lasalle Ave, Unit 1404

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10 E 18th St, Unit SI ID1383536P
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.
Loring Park, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Loring Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Loring Park Studio Apartments | $1,097 | $653 | $1,703 |
| Loring Park 1 Bedroom Apartments | $1,484 | $782 | $3,495 |
| Loring Park 2 Bedroom Apartments | $2,097 | $1,100 | $4,450 |
| Loring Park 3 Bedroom Apartments | $3,316 | $2,028 | $6,558 |
| Loring Park 4 Bedroom Apartments | $5,341 | $5,341 | $5,341 |
Browse Apartments in this Neighborhood
There are currently 74 rentals with your search options within a 2 mile radius of the Loring Park Neighborhood of Minneapolis, MN.
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Loring Park, Minneapolis, MN Local Guide
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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. Copenhagen Enterprises has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Loring Park apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Shoreline Plaza | Studio | Studio,1BA | $653 |
| Copenhagen Enterprises | 1815 First Ave Studio | Studio,1BA | $750 |
| Brentwood Apartments | 0BR/1.0BA | Studio,1BA | $752 |
| 214 Oak Grove | Origen Living | 0BR/1.0BA | Studio,1BA | $772 |
| Haverhill Apartments | 1BR/1.0BA | 1BR,1BA | $782 |
| Stevens Community Apartments | Studio | Studio,1BA | $795 |
| Spruce Place Apartments | 1 Bed | 1BR,1BA | $800 |
| Loring Manor Apartments | Studio | Studio,1BA | $810 |
| Stradford Flats | Studio | Studio,1BA | $844 |
| The Parkway Apartments | Studio (281 sq ft) | Studio,1BA | $845 |
Best Value Apartments for Rent in Loring Park, MN
As of July 29, 2026 the best value apartment in the Loring Park area is the $1.99 price per square foot B4 Model at Marquee in the in the Greater Central neighborhood starting from $2,371. The second greatest value Loring Park apartment is the 2bed 2bath with large deck Model at Three-Thirty-Three Oak Grove starting at $1,500 with a $1.36 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Marquee | B4 | 2BR,2BA | $1.99 |
| Three-Thirty-Three Oak Grove | 2bed 2bath with large deck | 2BR,2BA | $1.36 |
| Loring Park | 2 Bed TH, 2 Bath | 2BR,2BA | $1.87 |
| 440 Ridgewood Ave, Unit 440 Ridgewood | 440 Ridgewood Ave | 1BR,1BA | $1.59 |
| Spruce Place Apartments | 1 Bed | 1BR,1BA | $1.45 |
| The Buckingham Apartments | 1 Bedroom (527 sq ft) | 1BR,1BA | $1.94 |
| Stevens Community Apartments | Studio | Studio ,1BA | $1.59 |
| Loring Park Flats | 1BR/1.0BA | 1BR,1BA | $1.90 |
| Haverhill Apartments | 0BR/1.0BA | Studio ,1BA | $1.92 |
| Loring Manor Apartments | Studio | Studio ,1BA | $1.93 |
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.
Read ArticleEnjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
Read ArticleReal 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.
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 LifestyleLoring Park, Minneapolis, MN
Ranked #82
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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!
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 $845.
What is the price of a cheap apartment in Loring Park?
The cheapest apartment in Loring Park is Haverhill Apartments which is listed at $782, 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 27 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 $611 which is $4,730 cheaper than the average rent for all rentals in Loring Park.
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

Authentic Minneapolis: An Insider's 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.

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

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.