Cheap Apartments for Rent in the Loring Park Neighborhood of Minneapolis, MN from $600 (68 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Loring Park area of Minneapolis.

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property at 1910 1st Ave S

$825 - $990

Total Monthly Price

Total Monthly Price

Base Rent
$825
Total Monthly Price
$825

Studio To 1 Bedroom Rentals

Available Now

1910 1st Ave S

MinneapolisMN55403

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property at 520 Ridgewood Ave

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

1 Bedroom, 1 Bath Home for Rent

Available Now

520 Ridgewood Ave

MinneapolisMN55403

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property at 11 S 12th St

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295
Total Monthly Price
$1,295

Studio, 1 Bath Home for Rent

Available Now

11 S 12th St

MinneapolisMN55403
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The Kensington
Studio Apartments

The Kensington

21-27 14th St WMinneapolis, MN 55403
  • Utilities Included
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The Archdale
Studio to 1 Bedroom Apartments

The Archdale

1600 1st Ave SMinneapolis, MN 55403
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Castleton
Studio to 2 Bedroom Apartments

Castleton

214-220 E 19th StMinneapolis, MN 55403

The Art of the Rental Viewing: What to look for during a property tour

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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. Oak Grove Apartment Hotel 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
Oak Grove Apartment Hotel0BR/1.0BAStudio,1BA$700
Brentwood Apartments0BR/1.0BAStudio,1BA$717
Copenhagen Enterprises507 E 14th St StudioStudio,1BA$750
214 Oak Grove | Origen Living0BR/1.0BAStudio,1BA$772
Loring Manor ApartmentsStudioStudio,1BA$775
CastletonStudio 1 Bath - CastletonStudio,1BA$785
Stradford Flats1 Bedroom1BR,1BA$790
Haverhill Apartments1BR/1.0BA1BR,1BA$792
Stevens Community ApartmentsStudioStudio,1BA$795

Best Value Apartments for Rent in Loring Park, MN

As of March 15, 2026 the best value apartment in the Loring Park area is the $1.84 price per square foot Two Bedroom - F (60%) Model at 1500 Nicollet in the in the Greater Central neighborhood starting from $1,898. The second greatest value Loring Park apartment is the 2BR/1.0BA Model at Haverhill Apartments starting at $1,062 with a $1.18 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.
1500 NicolletTwo Bedroom - F (60%)2BR,2BA$1.84
Haverhill Apartments2BR/1.0BA2BR,1BA$1.18
Three-Thirty-Three Oak Grove1 bed 1 Beth1BR,1BA$1.09
1400-1408 Spruce Pl – Oak Grove DowntownSpruce - A21BR,1BA$1.60
Castleton1 Bedroom 1 Bath - Castleton1BR,1BA$1.64
Loring Grove ApartmentsShepard1BR,1BA$1.65
Spruce Place Apartments1 Bed1BR,1BA$1.45
The MarylandEfficiency HTC UnitStudio ,1BA$1.68
Stevens Community ApartmentsStudioStudio ,1BA$1.66
Oak Grove Apartment Hotel0BR/1.0BAStudio ,1BA$1.57

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

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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!

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 $795.

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

The cheapest apartment in Loring Park is Stradford Flats which is listed at $790, 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 45 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 $465 which is $4,876 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.

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