What is the average apartment size in Loring Park, Minneapolis, MN?

The average size for a Loring Park, Minneapolis, MN apartment is 723 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Loring Park?

As of Oct / 2025, the average rent in Loring Park is $1,434 per month, a 1.1% increase from last year’s average of $1,418.

How much does rent cost by apartment size in Loring Park?

In Loring Park, studios rent for $983 per month, one-bedroom units average $1,385 per month, two-bedrooms cost around $1,932 per month, and three-bedroom apartments rent for about $3,048 per month

What is the average apartment size in Loring Park?

The typical apartment in Loring Park offers about 723 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Loring Park?

Studio apartments in Loring Park average 486 sq. ft., one-bedrooms offer 667 sq. ft., two-bedrooms are about 1,063 sq. ft., and three-bedroom apartments average 1,618 sq. ft.

Loring Park, Minneapolis, MN Rental Market Trends

Q: What's the typical rent budget in Loring Park?

The typical rent budget in Loring Park ranges from $1,001 to $1,500 per month, with 35% of rentals in this range.

Q: Do most people rent or own in Loring Park?

In Loring Park, 75% of households rent while 25% own their homes, based on the latest U.S. Census data.

Last updated: November 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Loring Park is $1,434, a 1.1% increase compared to the previous year, when the average rent was $1,418.

Studio Apartments at $983 offer the most budget-friendly option with 486 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 667 square feet for $1,385, balancing privacy and affordability.

Two-beedroom units at $1,932 offer 1,063 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,618 sq ft) for $3,048, suitable for larger households.

Average rent in Loring Park, Minneapolis, MN

Last updated: November 19, 2025

	Average Rent	Average Apartment Size
All Rentals	$1,434	723 sq. ft.
Studio	$983	486 sq. ft.
1 Bed	$1,385	667 sq. ft.
2 Beds	$1,932	1,063 sq. ft.
3 Beds	$3,048	1,618 sq. ft.

Loring Park, Minneapolis, MN rent trends

Rental prices in Loring Park, Minneapolis, MN have increased by 1.1% over the past year. The average rent moved from $1,418 to $1,434.

What's the typical rent budget in Loring Park, Minneapolis, MN?

The largest share of rentals in Loring Park, Minneapolis, MN (35%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Loring Park, Minneapolis, MN?

8,642 or 75% of the households in Loring Park, Minneapolis, MN are renter-occupied while 2,890 or 25% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

Most affordable neighborhoods in Loring Park?

Wenoah $971/month

Stevens Square - Loring Heights $1,103/month

Ventura Village $1,138/month

All of these neighborhoods fall below the city wide average of $1,674/month.

Most expensive neighborhoods in Loring Park?

Dinkytown $2,093/month

Nicollet Island - East Bank $2,096/month

Cedar - Isles - Dean $2,468/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Minneapolis, MN By Neighborhood

Neighborhood	Average Rent
Cedar - Isles - Dean	$2,468
Nicollet Island - East Bank	$2,096
Dinkytown	$2,093
North Loop	$2,080
Marcy Holmes	$1,978
Downtown Minneapolis	$1,969
Prospect Park East River Road	$1,843
Ericsson	$1,829
Sheridan	$1,746
Hiawatha	$1,696
Uptown Minneapolis	$1,692
Near North Minneapolis	$1,690
King Field	$1,651
Standish	$1,640
Bryn - Mawr	$1,624
Midtown Phillips	$1,611
Marshall Terrace	$1,600
West Calhoun	$1,597
St. Anthony	$1,590
Robbinsdale	$1,538
Holland	$1,486
Loring Park	$1,434
Cedar Riverside	$1,426
Windom	$1,406
Richfield	$1,406
Harrison	$1,387
Lowry Hill	$1,359
Linden Hills	$1,344
Howe	$1,342
Phillips West	$1,327
Brooklyn Center	$1,317
Corcoran	$1,311
Longfellow	$1,303
Whittier	$1,292
Seward	$1,289
Tangletown	$1,161
CARAG	$1,158
Ventura Village	$1,138
Stevens Square - Loring Heights	$1,103
Wenoah	$971

Minneapolis | Rent Comparison by Neighborhood

Rent in Loring Park is 9% higher than in Brooklyn Center

$1,434

Loring Park rent is the same as Minneapolis average

Average Rent $1,434

$1,317

Brooklyn Center rent is 8% lower than Minneapolis average

Average Rent $1,317

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Loring Park apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.