Average Rent in Loring Park, Minneapolis, MN and Rent Price Trends

Rent trends in Loring Park, Minneapolis, MN

Average rent prices in Loring Park have remained the same over the last month and have increased by 13% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Loring Park, Minneapolis, MN

Rent prices in Loring Park vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Loring Park is $1,099, whereas a house costs $900. 1-bedroom apartments in Loring Park run $1,269 on average, while 2-bedroom apartments are $1,995.


Studio	$899	2%	13%
1 bedroom	$1,285	No Change	21%
2 bedroom	$2,337	2%	72%
3 bedroom	$1,750	58%	10%
4 bedroom	$2,995	16%	-

		Listings
Downtown West	$1,554
Elliot Park	$1,795
Stevens Square	$1,085
Uptown	$1,467
Warehouse District	$2,199
Whittier	$1,085


Apartments	$1,099	2%	No Change
Condos	$1,895	29%	No Change
Houses	$900	-	-

Studio

Average rent

$899

Last 30 days

Last year

13%

1 bedroom

Average rent

$1,285

Last 30 days

No Change

Last year

21%

2 bedroom

Average rent

$2,337

Last 30 days

Last year

72%

3 bedroom

Average rent

$1,750

Last 30 days

58%

Last year

10%

4 bedroom

Average rent

$2,995

Last 30 days

16%

The table above reflects average rent prices in Loring Park, Minneapolis, MN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Loring Park, Minneapolis, MN compare to other neighborhoods?

Compare median rent prices in Loring Park and Downtown West by all bedroom counts and property types.

Loring Park

Median rent price$1,105

43%

lower than the national median

Median rent price$1,554

20%

lower than the national median

Takeaway

The median rent for all rentals in Loring Park, Minneapolis, MN is 29% lower than the median rent in Downtown West, Minneapolis, MN.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$1,554

$1,795

$1,085

$1,467

$2,199

$1,085

Discover rentals in Loring Park, Minneapolis, MN

2d ago

7.7

Very good

Spruce Place Apartments

1365 Spruce Pl, Minneapolis, MN 55403

1 bed

1 bath

$695–$975

Price drop

Apartment for rent

4d ago

8.5

Very good

Kensington Apartments

21 W 14th St, Minneapolis, MN 55403

Studio

1 bath

$725–$775

Apartment for rent

4d ago

8.6

Very good

Brentwood Apartments

127 W Grant St, Minneapolis, MN 55403

Studio

1 bath

$735–$745

Apartment for rent

1d ago

8.4

Very good

Haverhill Apartments

32 Spruce Pl, Minneapolis, MN 55403

Studio–1 bed

1 bath

$765–$820

Apartment for rent

1d ago

8.7

Very good

Loring Manor (1518)

1518 Spruce Pl, Minneapolis, MN 55403

Studio–1 bed

1 bath

$775–$1,025

Apartment for rent

5d+ ago

8.3

Very good

Yale Place Apartments

1212 Yale Pl, Minneapolis, MN 55403

Studio–1 bed

1 bath

$775–$950

Apartment for rent

22h ago

9.4

Excellent

19 - 1530 LaSalle

1530 Lasalle Ave, Minneapolis, MN 55403

Studio–1 bed

1 bath

$800–$950

Apartment for rent

Rent special

1d ago

8.2

Very good

The Park Apartments

200 W 15th St, Minneapolis, MN 55403

Studio–2 beds

1 bath

$800–$1,455

Apartment for rent

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Frequently asked questions for Loring Park, Minneapolis, MN

Quick answers to common questions about the Loring Park rental market.

How much is rent in Loring Park?

The average rent in Loring Park is $1,105 per month as of June 13, 2026.

Is rent up or down in Loring Park?

Average rent prices in Loring Park have remained the same over the last month and have increased by 13% since last year.

How does Loring Park rent compare to the national average?

Rent in Loring Park is 43% below the national average, which means renters are paying approximately $844 less per month.

What salary do I need to afford rent in Loring Park?

To comfortably afford rent in Loring Park, you'd need to earn approximately $44,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).