Cheap Apartments for Rent in the Loring Park Neighborhood of Minneapolis, MN from $600 (55 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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

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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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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1806 3rd Ave
1 Bedroom Apartments

1806 3rd Ave

1806 3rd Ave SMinneapolis, MN 55404
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The Maryland
Studio Apartments

The Maryland

1346 Lasalle AveMinneapolis, MN 55403
  • Utilities Included

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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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
Haverhill | Origen Living0BR/1.0BAStudio,1BA$705
Brentwood | Origen Living0BR/1.0BAStudio,1BA$725
Copenhagen Enterprises1728 3rd Ave StudioStudio,1BA$725
Loring Grove ApartmentsStudioStudio,1BA$750
Loring Manor ApartmentsStudioStudio,1BA$775
214 Oak Grove Street1BR/1.0BA1BR,1BA$795
Loring Park Flats0BR/1.0BAStudio,1BA$800
The Park ApartmentsGritz Studio - BStudio,1BA$825

Best Value Apartments for Rent in Loring Park, MN

As of June 23, 2025 the best value apartment in the Loring Park area is the $1.74 price per square foot Two Bedroom - J (80%) Model at 1500 Nicollet in the in the Greater Central neighborhood starting from $1,799. The second greatest value Loring Park apartment is the 1 Bedroom +Den Model at Laurel Village starting at $1,705 with a $1.69 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 - J (80%)2BR,2BA$1.74
Laurel Village1 Bedroom +Den1BR,1BA$1.69
Three-Thirty-Three Oak Grove1 bed 1 Beth1BR,1BA$1.09
ELEVATE Apartment HomesPalmetto1BR,1BA$1.79
1524 LasalleOne Bedroom1BR,1BA$1.38
1910 1st Ave S1BR/1.0BA1BR,1BA$1.70
The MarylandEfficiency HTC UnitStudio ,1BA$1.68
Stevens Community ApartmentsStudioStudio ,1BA$1.40
214 Oak Grove Street1BR/1.0BA1BR,1BA$1.73
Loring Grove ApartmentsStudioStudio ,1BA$1.76

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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 $825.

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 35 regular apartments in Loring Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.