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 increased by 8% 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 $1,080. 1-bedroom apartments in Loring Park run $1,300 on average, while 2-bedroom apartments are $2,275.


Studio	$850	4%	9%
1 bedroom	$1,351	3%	31%
2 bedroom	$2,347	5%	83%
3 bedroom	$4,931	No Change	196%
4 bedroom	$2,550	16%	-

		Listings
Downtown West	$1,546
Elliot Park	$1,650
Stevens Square	$1,119
Uptown	$1,472
Warehouse District	$1,799
Whittier	$1,100

				Listings
Apartments	$1,080	4%	No Change
Condos	$1,872	17%	-

Studio

Average rent

$850

Last 30 days

Last year

1 bedroom

Average rent

$1,351

Last 30 days

Last year

31%

2 bedroom

Average rent

$2,347

Last 30 days

Last year

83%

3 bedroom

Average rent

$4,931

Last year

196%

4 bedroom

Average rent

$2,550

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$1,100

43%

lower than the national median

Median rent price$1,546

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

$1,546

$1,650

$1,119

$1,472

$1,799

$1,100

Discover rentals in Loring Park, Minneapolis, MN

1d ago

8.3

Very good

Spruce Place Apartments

1365 Spruce Pl, Minneapolis, MN 55403

Studio–1 bed

1 bath

$750–$975

Apartment for rent

214 Oak Grove | Origen Living - Photo 1 of 1

5d+ ago

8.4

Very good

214 Oak Grove | Origen Living

214 Oak Grove St, Minneapolis, MN 55403

Studio

1 bath

$755

Apartment for rent

1d ago

8.4

Very good

Haverhill Apartments

32 Spruce Pl, Minneapolis, MN 55403

Studio–1 bed

1 bath

$765–$915

Apartment for rent

4d ago

8.7

Very good

Loring Manor (1518)

1518 Spruce Pl, Minneapolis, MN 55403

Studio

1 bath

$775–$810

Apartment for rent

1d ago

8.8

Very good

23 - 1525 LaSalle

1525 Lasalle Ave, Minneapolis, MN 55403

Studio–2 beds

1 bath

$800–$1,175

Apartment for rent

4d ago

8.8

Very good

Loring Grove Apartments

125 Oak Grove St, Minneapolis, MN 55403

Studio–1 bed

1 bath

$805–$965

Apartment for rent

4d ago

8.7

Very good

Loring Manor (1512)

1512 Spruce Pl, Minneapolis, MN 55403

Studio

1 bath

$810

Apartment for rent

1d ago

9.4

Excellent

20 - 1536 LaSalle

1536 Lasalle Ave, Minneapolis, MN 55403

Studio

1 bath

$825

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 $1,100 per month as of July 25, 2026.

Is rent up or down in Loring Park?

Average rent prices in Loring Park have increased by 8% 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 $830 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).