Zumper
modified
5 Hours Ago

Highlights

  • On site laundry
  • Secured bike storage
  • Spacious modern units
  • All utilities included (except cable/internet)

Location

316 Oak Grove Street, Minneapolis, Minnesota 55403, United States|Loring Park
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Contact

Management

Old Home Mgmt

Leasing office

(612) 871-9584

Property Overview

This property achieves a high Zumper Expert Rating of 9.2, reflecting its strong appeal to renters. It excels in key categories, including price and amenities, both rated 10 out of 10, indicating an excellent value and an impressive standard of living. Notable features such as on-site laundry and secured bike storage, combined with a prime location near various entertainment and social venues, further enhance its desirability for those seeking convenience and lifestyle options.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

9.2
Excellent
Ask about current specials! is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.

Great for

  • Pet owners
  • Work-from-home
  • Social life

Floor plans

1BR/1.0BA1 bed1 bath486 sqft$1,095–$1,155 /mo2 units availableSpacious Modern 1 Bedroom Units Now Available in Loring Park! Refreshed units with stone countertops, new carpet, gas ranges, and art-decco aqua tiled bathrooms. On Site Laundry, Secured Bike Storage, & Parking waitlist 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 $1,155 Rent $1,155 Deposit All utilities paid by Landlord, you just pay internet Cats & small dogs allowed with a $250 non-refundable fee and $25 per month for a dog Laundry is on the same level, and there are reloadable laundry cards for paying. You can bring your own AC unit (only specific kinds approved), we will install (remember - we pay the electric!) Would you like to schedule a tour at your convenience? Please contact our leasing office at (612)871-9584

Let's explore this property.

Amenities for Ask about current specials!

Apartment Amenities

Central HeatElectricity
GasHeating
Utilities Included

Appliances

Fridge/FreezerMicrowave
OvenRange
Stove/Oven

Building

Cats OKOnsite Laundry

Other

ElectrictyTrash and Water
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units100
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About Ask about current specials!

HomeApartments in MinneapolisLoring Park Ask about current specials!

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


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.2
/10
Excellent
Ask about current specials! is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
How we rated Ask about current specials!
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Ask about current specials! offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Ask about current specials! stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—cats allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Ask about current specials! is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·8A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
Anyone looking for quality at a great value will find Ask about current specials! to be an attractive option. Renters can also rely on this rental to provide them with accurate information they need to find the living experience they desire.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Ask about current specials! is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 13 pet supply stores near the property
  • Tile, vinyl or hardwood floors
  • 3 pet grooming services nearby

Work-from-home

  • High speed internet is an amenity
  • Utilities included in the rent
  • 5 office supply stores within 1 mile
  • 14 coworking spaces or cafes within 1 mile

Social life

  • 397 restaurants within 1 mile of this property
  • 502 mixed-use spaces nearby
  • 57 theaters, music venues, or sports arenas nearby
  • 155 museums, art galleries, or cultural centers within 1 mile

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Ask about current specials! compares to other nearby properties.

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1 mile away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Loring Park

1-bedroom apartments at Ask about current specials! cost about 14% less than the average rent price for 1-bedroom apartments in Loring Park.

Median rents as of Nov 29 2025.
Loring Park
Minneapolis
A table of studio rental data trends in Minneapolis
MonthMedian Rent
December 2023$1,000
January 2024$964
February 2024$925
March 2024$1,016
April 2024$1,024
May 2024$1,097
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
A table of studio rental data trends in Loring Park
MonthMedian Rent
December 2023$828
January 2024$825
February 2024$800
March 2024$829
April 2024$832
May 2024$856
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

Affordability calculator

Can I afford to live at 316 Oak Grove Street?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$43,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $43,800 annually to afford this 1-bedroom monthly rent price of $1,095.
For more information on rent affordability, visit our rent calculator.

Schools near Ask about current specials!

Kenwood Elementary School

2013 penn ave s

minneapolis, MN, 55405

K-5Public
B

River Bend Educational Center

1510 glenwood ave s

minneapolis, MN, 55405

K-12Public

Early Childhood Special Education

3320 elliot ave s

minneapolis, MN, 55407

PK, KPublic
B+

MPS Metro SJ

932 east 34th st

minneapolis, MN, 55407

K-12Public

MPS Metro HA

932 e. 34th st.

minneapolis, MN, 55407

K-12Public
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Internet available near Ask about current specials!

Getting around Minneapolis near 316 Oak Grove Street

Walking

9/10
No car? No problem. Everything you need is within a few blocks.

Driving

6/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

8/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 316 Oak Grove Street, Minneapolis

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

7/10
Variety of shops within walking distance

Cafes

7/10
Variety of cafés within walking distance

Restaurants

8/10
Variety of restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

7/10
Variety of bars within walking distance

Explore the area around 316 Oak Grove Street

Oak Grove Grocery
218 Oak Grove St
Nicollet Grocery Inc
1814 Nicollet Ave
Mighty Spark Food
1625 Hennepin Ave
The Wedge Community Co-op
2105 Lyndale Ave S
Wedge Community CO-OP
2105 Lyndale Ave S

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