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Ask about current specials! offers an exceptional value with a 9.2/10 overall Zumper Expert Rating, including perfect scores for price and amenities, and a strong 9/10 for its highly convenient location. Residents can enjoy a spacious modern 1-bedroom layout with on-site laundry, secured bike storage, available parking, and utilities included (except cable/internet). The property supports an active, connected lifestyle, being great for social life, pet friendliness, fitness and wellness, and working from home thanks to high-speed internet, nearby gyms, coworking spots, and abundant dining and entertainment options.
Things you’ll love
More spaceGreat for
Pet owners
Social life
Work-from-home| 0BR/1.0BA | Studio | 1 bath | 352 sqft | $945–$1,045 /mo | 2 units available | Cost effective studio with All Utilities Covered by Landlord Steps away from the Walker Art Museum, Lakes & Legends Brewing, Eggy's, Minneapolis Convention Center New Carpet, New Appliances and Lighting! $40 application fee $1005 Rent $1005 Deposit All utilities paid by Landlord, you just pay internet Cats & Dogs allowed with a $250 non-refundable fee and $25 month for a dog Criteria to Rent: Must make 2.5x the monthly rent in gross income to qualify. Good rental history. Please refer to specifics below Applicant(s) must be a minimum of eighteen (18) years of age. If any information herein is found to be false this application will be denied and lease made with Applicant may be terminated at any time. You will need a monthly income of at least 3 times the monthly rent amount. Your income must be verifiable. If you don’t meet the income qualifications, you will need a co-signor so that all applicants’ income provides a combined income of at least 5 times the monthly rent amount. Cosigners must qualify under the same additional criteria. The Co-signor will need to complete a rental application and pay the $40.00 processing fee. The Co-signor will need to be on the Residential Lease Agreement as well. Self-employed applicants must provide a financial statement from a CPA or previous year’s tax statement. We check criminal arrest records. No misdemeanors with dates of sentencing less than 3 years old, no felonies with dates of sentencing less than 7 years old, and certain felonies with dates of sentencing less than 10 years old. We check for unlawful detainers and evictions. Unlawful detainers or eviction within the last 3 years are grounds for denial. If an applicant has a rental history, the applicant has to provide a verifiable address to do rental verification, and applicant must not have defaulted in lease obligations or community policies. We will check relevant information on credit history that affects applicants ability to pay rent (ie: cannot owe previous landlord money) Maltreatment towards Old Home Management LLC Employees or the use of profanity is grounds for denial. There is on-street parking, OR a waiting list for the above-ground and underground ramps ($75,/$100 a month) Laundry is on the same level, and there are reloadable laundry cards for paying. You can bring your own AC unit Cats Allowed with a one time $250 fee Please let me know if you’d like to schedule a showing, M-F 9am-5pm! | |
| 1BR/1.0BA | 1 bed | 1 bath | 486 sqft | $1,145 /mo | 1 unit available | Spacious Modern 1 Bedroom Units Now Available in Loring Park Under $1150/month, ALL utilities included!! Refreshed units with stone countertops, new carpet, gas ranges, and art-decco aqua tiled bathrooms. On Site Laundry, Secured Bike Storage, & Parking Available. All Utilities Included (except cable/internet)! Steps away from the Walker Art Museum, Sculpture Garden, Lakes & Legends Brewing, Eggy's, Minneapolis Convention Center, & Downtown To Apply: $40 application fee 2.5x gross monthly income Photo ID All utilities paid by Landlord, you just pay internet Cats and dogs allowed with a $250 non-refundable fee and $25 dog rent Laundry is on the main level, and bike storage in the basement. Would you like to schedule a tour at your convenience? Please contact our leasing office at (612)871-9584. |
Let's explore this property.
Apartment Amenities
| Central Heat | Electricity |
| Gas | Heating |
| Utilities Included |
Appliances
| Fridge/Freezer | Gas Range |
| Microwave | Oven |
| Range | Stove/Oven |
Building
| Cats OK | Onsite Laundry |
| Safe Bike Storage |
Grounds
| Assigned Parking | Off-Street Parking |
| Storage |
Other
| Trash and Water |
One-time.
One-time. Refundable.
Assigned Parking
Questions about this property’s policies and fees?
| Units | 100 |
|---|
To Apply: $40 application fee 3x gross monthly verifiable income Photo ID All utilities paid by Landlord, excluding internet Cats allowed with a $250 non-refundable fee SCHEDULE A SHOWING ANYTIME AT YOUR CONVENIENCE BY APPOINTMENT
How Ask about current specials! compares to other nearby properties.
Positives
Considerations
Studio apartments at Ask about current specials! cost about 5% more than the average rent price for studios in Loring Park.
1-bedroom apartments here are priced 12% lower than 1-bedrooms in Loring Park.
| Month | Median Rent |
|---|---|
| June 2024 | $1,041 |
| July 2024 | $1,031 |
| August 2024 | $1,083 |
| September 2024 | $1,070 |
| October 2024 | $1,041 |
| November 2024 | $1,025 |
| December 2024 | $1,015 |
| January 2025 | $993 |
| February 2025 | $1,001 |
| March 2025 | $1,006 |
| April 2025 | $978 |
| May 2025 | $967 |
| June 2025 | $1,014 |
| July 2025 | $982 |
| August 2025 | $1,033 |
| September 2025 | $1,019 |
| October 2025 | $993 |
| November 2025 | $988 |
| December 2025 | $1,098 |
| January 2026 | $1,079 |
| February 2026 | $1,088 |
| March 2026 | $1,077 |
| April 2026 | $1,032 |
| May 2026 | $1,021 |
| Month | Median Rent |
|---|---|
| June 2024 | $832 |
| July 2024 | $870 |
| August 2024 | $891 |
| September 2024 | $874 |
| October 2024 | $949 |
| November 2024 | $923 |
| December 2024 | $872 |
| January 2025 | $834 |
| February 2025 | $849 |
| March 2025 | $857 |
| April 2025 | $891 |
| May 2025 | $910 |
| June 2025 | $849 |
| July 2025 | $849 |
| August 2025 | $871 |
| September 2025 | $881 |
| October 2025 | $884 |
| November 2025 | $832 |
| December 2025 | $848 |
| January 2026 | $872 |
| February 2026 | $895 |
| March 2026 | $898 |
| April 2026 | $898 |
| May 2026 | $899 |
Can I afford to live at 316 Oak Grove St?
Bedrooms
Rent-to-income ratio
30%
$37,800/yr
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Merriam Park East • 455 Snelling Ave N
Studio–3 Beds
$1,163–$1,678
Oak Hill • 7400 Oak Park Village Dr
1–3 Beds
$1,440–$2,405
Loring Park • 1254 Hennepin Avenue
Studio–2 Beds
$1,100–$2,300
Columbia Heights • 1230 Cheri Lane Northeast
1–3 Beds
$1,175–$1,725
Highland • 845 Cleveland Avenue South
1–2 Beds
$1,325–$1,850
Merriam Park East • 455 Snelling Ave N
Studio–3 Beds
$1,163–$1,678
Oak Hill • 7400 Oak Park Village Dr
1–3 Beds
$1,440–$2,405
Loring Park • 1254 Hennepin Avenue
Studio–2 Beds
$1,100–$2,300
Columbia Heights • 1230 Cheri Lane Northeast
1–3 Beds
$1,175–$1,725
Highland • 845 Cleveland Avenue South
1–2 Beds
$1,325–$1,850
