Cheap Apartments for Rent in the Loring Park Neighborhood of Minneapolis, MN from $600 (58 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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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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322 Clifton Ave
Studio to 1 Bedroom Apartments

322 Clifton Ave

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

1830 Stevens Ave

1830 Stevens 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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1806 3rd Ave
1 Bedroom Apartments

1806 3rd Ave

1806 3rd Ave SMinneapolis, MN 55404
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1524 Lasalle
1 Bedroom Apartments

1524 Lasalle

1524 Lasalle AveMinneapolis, 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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The Maryland
Studio Apartments

The Maryland

1346 Lasalle AveMinneapolis, MN 55403
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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. Haverhill | Origen Living has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here are the most affordable Loring Park apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Shoreline PlazaStudioStudio,1BA$653
Haverhill | Origen Living0BR/1.0BAStudio,1BA$695
Brentwood | Origen Living0BR/1.0BAStudio,1BA$695
The Buckingham / The Commodore / The Parkway ApartmentsA1 (Commodore - Efficiency)Studio,1BA$738
214 Oak Grove Street1BR/1.0BA1BR,1BA$745
Copenhagen Enterprises1706 Stevens Ave StudioStudio,1BA$750
Loring Manor ApartmentsStudioStudio,1BA$775
Stevens Community Apartments1B/1Ba1BR,1BA$795
The Park ApartmentsGritz Studio - CStudio,1BA$820
Stradford FlatsStudioStudio,1BA$832

Best Value Apartments for Rent in Loring Park, MN

As of March 25, 2025 the best value apartment in the Loring Park area is the $1.69 price per square foot 1 Bedroom +Den Model at Laurel Village in the in the Greater Central neighborhood starting from $1,705. The second greatest value Loring Park apartment is the 343 E 19th St Model at 343 E 19th St, Unit 1B starting at $1,400 with a $1.52 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.
Laurel Village1 Bedroom +Den1BR,1BA$1.69
343 E 19th St, Unit 1B343 E 19th St1BR,1BA$1.52
Stevens Community Apartments2B/1B2BR,1BA$1.22
St. George Apartments1 Bed/1 Bath1BR,1BA$1.40
The TripletsTriplets 1 Bedroom1BR,1BA$1.35
1400-1408 Spruce PlSpruce 1 Bedroom1BR,1BA$1.49
1910 1st Ave S1BR/1.0BA1BR,1BA$1.56
Oak Grove Downtown Apartments116 Oak Grove 1 Bedroom1BR,1BA$1.67
The MarylandEfficiency HTC UnitStudio ,1BA$1.68
214 Oak Grove Street1BR/1.0BA1BR,1BA$1.62

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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

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 $832.

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

The cheapest apartment in Loring Park is 214 Oak Grove Street which is listed at $745, 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 265 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 $152 which is $5,189 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.

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.