diff --git a/src/components/List/List.scss b/src/components/List/List.scss
index dce8d412ef..563c36890f 100644
--- a/src/components/List/List.scss
+++ b/src/components/List/List.scss
@@ -90,4 +90,11 @@ $block: '.#{variables.$ns}list';
         flex: 0 0 auto;
         color: var(--g-color-text-hint);
     }
+
+    &__loading-indicator {
+        display: flex;
+        width: 100%;
+        align-items: center;
+        justify-content: center;
+    }
 }
diff --git a/src/components/List/List.tsx b/src/components/List/List.tsx
index 66b20edfce..45db569dad 100644
--- a/src/components/List/List.tsx
+++ b/src/components/List/List.tsx
@@ -6,13 +6,14 @@ import {SortableContainer, SortableElement} from 'react-sortable-hoc';
 import AutoSizer, {Size} from 'react-virtualized-auto-sizer';
 import {VariableSizeList as ListContainer} from 'react-window';
 
+import {SelectLoadingIndicator} from '../Select/components/SelectList/SelectLoadingIndicator';
 import {TextInput} from '../controls';
 import {MobileContext} from '../mobile';
 import {block} from '../utils/cn';
 
-import {ListItem, SimpleContainer} from './components';
+import {ListItem, SimpleContainer, defaultRenderItem} from './components';
 import {listNavigationIgnoredKeys} from './constants';
-import type {ListItemData, ListProps, ListSortParams} from './types';
+import type {ListItemData, ListItemProps, ListProps, ListSortParams} from './types';
 
 import './List.scss';
 
@@ -77,6 +78,9 @@ export class List<T = unknown> extends React.Component<ListProps<T>, ListState<T
     refFilter = React.createRef<HTMLInputElement>();
     refContainer = React.createRef<any>();
     blurTimer: ReturnType<typeof setTimeout> | null = null;
+    loadingItem = {value: '__LIST_ITEM_LOADING__', disabled: true} as unknown as ListItemData<
+        T & {value: string}
+    >;
 
     componentDidUpdate(prevProps: ListProps<T>) {
         if (this.props.items !== prevProps.items) {
@@ -137,6 +141,14 @@ export class List<T = unknown> extends React.Component<ListProps<T>, ListState<T
         return this.state.items;
     }
 
+    getItemsWithLoading() {
+        if (this.props.sortable) {
+            return this.getItems();
+        }
+
+        return this.props.loading ? [...this.state.items, this.loadingItem] : this.getItems();
+    }
+
     getActiveItem() {
         return typeof this.state.activeItem === 'number' ? this.state.activeItem : null;
     }
@@ -196,10 +208,24 @@ export class List<T = unknown> extends React.Component<ListProps<T>, ListState<T
         }
     };
 
+    private renderItemContent: ListItemProps<T>['renderItem'] = (item, isItemActive, itemIndex) => {
+        const {onLoadMore} = this.props;
+
+        if ('value' in item && item.value === this.loadingItem.value) {
+            return (
+                <SelectLoadingIndicator onIntersect={itemIndex === 0 ? undefined : onLoadMore} />
+            );
+        }
+
+        return this.props.renderItem
+            ? this.props.renderItem(item, isItemActive, itemIndex)
+            : defaultRenderItem(item);
+    };
+
     private renderItem = ({index, style}: {index: number; style?: React.CSSProperties}) => {
         const {sortHandleAlign} = this.props;
         const {items, activeItem} = this.state;
-        const item = items[index];
+        const item = this.getItemsWithLoading()[index];
         const sortable = this.props.sortable && items.length > 1 && !this.getFilter();
         const active = index === activeItem || index === this.props.activeItemIndex;
         const Item = sortable ? SortableListItem : ListItem;
@@ -213,7 +239,7 @@ export class List<T = unknown> extends React.Component<ListProps<T>, ListState<T
                 item={item}
                 sortable={sortable}
                 sortHandleAlign={sortHandleAlign}
-                renderItem={this.props.renderItem}
+                renderItem={this.renderItemContent}
                 itemClassName={this.props.itemClassName}
                 active={active}
                 selected={index === this.props.selectedItemIndex}
@@ -255,7 +281,7 @@ export class List<T = unknown> extends React.Component<ListProps<T>, ListState<T
 
     private renderSimpleContainer() {
         const {sortable} = this.props;
-        const {items} = this.state;
+        const items = this.getItemsWithLoading();
         const Container = sortable ? SortableSimpleContainer : SimpleContainer;
 
         return (
@@ -278,6 +304,7 @@ export class List<T = unknown> extends React.Component<ListProps<T>, ListState<T
     private renderVirtualizedContainer() {
         const Container = this.props.sortable ? SortableListContainer : ListContainer;
 
+        const items = this.getItemsWithLoading();
         return (
             <AutoSizer>
                 {({width, height}: Size) => (
@@ -286,8 +313,8 @@ export class List<T = unknown> extends React.Component<ListProps<T>, ListState<T
                         width={width}
                         height={height}
                         itemSize={this.getVirtualizedItemHeight}
-                        itemData={this.state.items}
-                        itemCount={this.state.items.length}
+                        itemData={items}
+                        itemCount={items.length}
                         overscanCount={10}
                         helperClass={b('item', {sorting: true})}
                         distance={5}
diff --git a/src/components/List/ListLoadingIndicator.tsx b/src/components/List/ListLoadingIndicator.tsx
new file mode 100644
index 0000000000..57bbf8683e
--- /dev/null
+++ b/src/components/List/ListLoadingIndicator.tsx
@@ -0,0 +1,18 @@
+import React from 'react';
+
+import {Loader} from '../Loader';
+import {block} from '../utils/cn';
+import {useIntersection} from '../utils/useIntersection';
+
+const b = block('list');
+export const SelectLoadingIndicator = (props: {onIntersect?: () => void}) => {
+    const ref = React.useRef<HTMLDivElement | null>(null);
+
+    useIntersection({element: ref.current, onIntersect: props?.onIntersect});
+
+    return (
+        <div ref={ref} className={b('loading-indicator')}>
+            <Loader />
+        </div>
+    );
+};
diff --git a/src/components/List/README.md b/src/components/List/README.md
index 300903ab7c..d669d19ae1 100644
--- a/src/components/List/README.md
+++ b/src/components/List/README.md
@@ -30,6 +30,8 @@ Lets you filter and sort items, render items of different height, and select the
 | selectedItemIndex | `Number`          |          |         | If a value is set, an item with this index is rendered as selected (the background color is from `--g-color-base-selection`).                                                                          |
 | itemClassName     | `String`          |          |         | Custom class name to be added to an item container                                                                                                                                                     |
 | itemsClassName    | `String`          |          |         | Custom class name to be added to an item list                                                                                                                                                          |
+| loading           | `boolean`         |          |         | Add the loading item to the end of the items list. Works like persistant loading indicator while the items list is empty. Does Not work with `sortable` prop.                                          |
+| onLoadMore        | `Function`        |          |         | Fires when loading indicator gets visible.                                                                                                                                                             |
 
 ### Virtualization
 
diff --git a/src/components/List/components/ListItem.tsx b/src/components/List/components/ListItem.tsx
index d6bba3e45a..a1bd8d903d 100644
--- a/src/components/List/components/ListItem.tsx
+++ b/src/components/List/components/ListItem.tsx
@@ -9,7 +9,7 @@ import {DragHandleIcon} from './DragHandleIcon';
 
 const b = block('list');
 
-const defaultRenderItem = <T extends unknown>(item: T) => String(item);
+export const defaultRenderItem = <T extends unknown>(item: T) => String(item);
 
 export class ListItem<T = unknown> extends React.Component<ListItemProps<T>> {
     private static publishEvent = eventBroker.withEventPublisher('List');
diff --git a/src/components/List/types.ts b/src/components/List/types.ts
index b720bab524..94a022b972 100644
--- a/src/components/List/types.ts
+++ b/src/components/List/types.ts
@@ -37,6 +37,8 @@ export type ListProps<T = unknown> = QAProps & {
     onFilterEnd?: ({items}: {items: ListItemData<T>[]}) => void;
     onSortEnd?: (params: ListSortParams) => void;
     autoFocus?: boolean;
+    loading?: boolean;
+    onLoadMore?: () => void;
 };
 
 export type ListItemProps<T> = {