Cheap Apartments for Rent in the South Loop Neighborhood of Bloomington, MN from $600 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Loop area of Bloomington.

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Winston Apartments
1 to 2 Bedroom Apartments

Winston Apartments

9101 Old Cedar Ave SBloomington, MN 55425
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Cedar Court Apartments
1 to 2 Bedroom Apartments

Cedar Court Apartments

9005-9045 Old Cedar Ave SBloomington, MN 55425
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Cedar Cliff Village
Studio to 1 Bedroom Apartments

Cedar Cliff Village

9250 Old Cedar Ave SBloomington, MN 55425
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Cedar Crest Apartments
1 Bedroom Apartments

Cedar Crest Apartments

8949 Old Cedar Ave SBloomington, MN 55425
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Cedar Cliff Apartments
1 to 2 Bedroom Apartments

Cedar Cliff Apartments

9300 Old Cedar Ave SBloomington, MN 55425
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Cedar Gate
1 Bedroom Apartments

Cedar Gate

8300 Old Cedar Ave SBloomington, MN 55425
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Cedar Apartments
Studio Apartments

Cedar Apartments

7244 Cedar Ave SRichfield, MN 55423
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Eastfield
1 Bedroom Apartments

Eastfield

7137 Chicago Ave SRichfield, MN 55423
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7600 Cedar Ave S
1 Bedroom Apartments

7600 Cedar Ave S

7600 Cedar Ave SRichfield, MN 55423
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Virginian Apartment
1 Bedroom Apartments

Virginian Apartment

7700 12th AveRichfield, MN 55423
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Silver Pines
1 to 2 Bedroom Apartments

Silver Pines

2099 Silver Bell RdEagan, MN 55122

South Loop, Bloomington, MN Local Guide

Cheapest Available South Loop Apartments for Rent

 

The cheapest available apartment rental in the South Loop area of Minneapolis, MN is a Studio unit found at South Pointe priced from $975. Seasons Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here are the most affordable South Loop apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
South PointeThe PortStudio,1BA$975
Seasons Park Apartments1 Bedroom, Type B, Income Restrictions1BR,1BA$1,050
Tiki Apartments1 BR, 1 BA1BR,1BA$1,175
Richland CourtThe Lucas2BR,1BA$1,195
Metropolitan Towers1.1+denA1BR,1BA$1,195
The Chamberlain ApartmentsS2HPStudio,1BA$1,214
The FenleyG11BR,1BA$1,220
Blooming Meadows South1 Bedroom, Income Restrictions, NOAH1BR,1BA$1,221
Southgate ApartmentsOne Bedroom 6751BR,1BA$1,225
International Village ApartmentsOne Bedroom, One Bath1BR,1BA$1,225

Best Value Apartments for Rent in South Loop, MN

As of April 14, 2025 the best value apartment in the South Loop area is the $1.30 price per square foot 2 Bedroom Model at Blooming Meadows North in the in the Nicols neighborhood starting from $1,690. The second greatest value South Loop apartment is the 1.1+denB Model at Metropolitan Towers starting at $1,295 with a $1.30 price per square foot in the Nicols neighborhood. Here is today’s list of the best values for South Loop apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Blooming Meadows North2 Bedroom2BR,1BA$1.30
Metropolitan Towers1.1+denB1BR,1BA$1.30
Oxboro Heights - 55+Grand (2 Bedroom)2BR,1BA$1.51
Silver PinesTwo Bedroom, One Bathroom2BR,1BA$1.46
Richland CourtThe Lucas2BR,1BA$1.27
Cedar Gate1.1 Bed1BR,1BA$1.44
Winton HouseThe Zera2BR,1BA$1.45
Blooming Meadows South1 Bedroom, Income Restrictions, NOAH1BR,1BA$1.62
Tiki Apartments1 BR, 1 BA1BR,1BA$1.61
Seasons Park Apartments1 Bedroom, Type A, Income Restrictions1BR,1BA$1.62

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Pet Friendly Lifestyle
South Loop, Bloomington, MN

Ranked #3

Among neighborhoods in Bloomington, MN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the South Loop Neighborhood in Bloomington, MN

Walk Score®

45 / 100

Car-Dependent

Most errands require a car

Bike Score®

52 / 100

Bikeable

Some bike infrastructure

Frequently Asked Questions about Cheap South Loop Apartments

What is a cheap apartment in South Loop?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Loop is under $1,225.

What is the price of a cheap apartment in South Loop?

The cheapest apartment in South Loop is Seasons Park Apartments which is listed at $1,050, while the average apartment in South Loop costs $2,175.

What types of apartments are the cheapest in South Loop?

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 31 regular apartments in South Loop 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 South Loop?

Cheap apartments in South Loop have an average cost of $201 which is $1,974 cheaper than the average rent for all rentals in South Loop.

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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.