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Updated 1 day ago

Archer Apartments


401 University Ave SE Minneapolis, MN

1 Bed
1 Bath

550 - 750 Sq. Ft.

Available starting May. 1st
1 Bed • 1 Bath
$1,300
750 ft2
1 Available
Managed By: Stepping Stone Rentals, Llc
Updated 1 day ago

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Unit 206
$1,300
Available May 1st, 2024
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View Rented Units
1 Bed • 1 Bath
$1,200
550 ft2
1 Available
Managed By: Stepping Stone Rentals, Llc
Updated 1 day ago

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Unit 308
$1,200
Available Jun 1st, 2024
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View Rented Units
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2 Beds • 1 Bath
$1,175
Size: N/A
0 Available
Managed By: University of Minnesota Off Campus Housing
Updated over 1 month ago

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-
$1,175
Rented
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
91
Walker's Paradise
Transit Score®
67
Good Transit
Bike Score®
88
Very Bikeable
Amenities
On-site Laundry
Fitness Center
Storage
Refrigerator
Garbage Disposal
Trash Removal Included
Range / Oven
Microwave
Elevator
Smoke-free Community
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Surface Parking
Garage - Attached
Lease & Fees
Security Deposit: 1200.0 - 1300.0
Property details
Description

1 BR Close to Stone Arch Bridge - Dishwasher + In Unit Laundry! - Another great unit a part of The Stepping Stone Group community! ARCHER Apartments is one of the Newest buildings in this area! Fantastic 1 Bedroom units are available throughout this building in the coming months. These brand new apartments provide sleek and high-end finishes, with large windows and high ceilings throughout allowing for an abundance of bright and natural light. Fresh grey and white paint also span the space for a modern feel and look incredible with whatever your personal apartment vibe is. All appliances are stainless steel and brand new, including a dishwasher, and we provide a private washer and dryer in each unit.

Archer is near U of M just a few minutes from eclectic Dinkytown and the University of Minnesota’s East Bank campus, you’re never far from anything you need. You will love being within walking distance to hot spots like Glam Doll Donuts (the BEST homemade donuts in town) and HeadFlyer Brewing! Working downtown? The commute and public transit options are a dream for any young professional.

This unit features:
- Dishwasher
- Large closets
- Free laundry in-unit
- Gym on site - featuring Peloton equipment
- Amazon Hub
-Keyless entry
-Community workspaces with free WiFi
-Free Bike Storage
-Heated off street parking garage available (additional)

Residents Responsible for Electricity/Internet/Cable and a flat monthly fee of $75 is charged for water and trash - this is paid directly with your rent through our online tenant portal! Pets are welcome with a $350 nonrefundable fee per pet along with a pet rent fee of $30 per month. We have no breed restrictions or weight limits, so feel free to bring your furry friends to live with us!

Connect with us today! We are excited to have you join our community at ARCHER APARTMENTS! @thesteppingstonegroup

(RLNE6260785)

Additional Details
Account Type: Other
Total Unit Count: 42
Last Updated: Updated 1 day ago
Contact Number: (952) 206-6845 ext: 5
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
US Internet Corp. 10000.0 10000.0
US Internet Corp. 1000.0 1000.0
Arvig Enterprises, Inc. 1000.0 1000.0
Comcast Corporation 987.0 35.0
CenturyLink, Inc. 940.0 940.0
Data from June 2020 provided by the FCC
Photos Floor Plans Amenities
Schools
Data provided by GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Archer Apartments by bedroom type below.
1 Bedroom
Suggested income:
$45,000
per year
Rent report

Archer Apartments Rent vs. Minneapolis Average

 Archer Apartments      Minneapolis Average
1BR
$1,250
$1,389
$0
$500
$1,000
$1,500
$2,000

Archer Apartments is asking 10% less than the average 1 bedroom apartment in Minneapolis.

If you upsized to an average priced Minneapolis 2 bedroom apartment, you would pay 33% more per month.

If you downsized to an average priced Minneapolis studio apartment, you would pay 20% less per month.

Archer Apartments provides 0% more square footage than the average Minneapolis 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Archer Apartments
1BR $1,250 $1.90 $3,750
Minneapolis Average
Studio $1,158 $2.40 $3,475
1BR $1,389 $2.10 $4,166
2BR $2,074 $2.00 $6,221
3BR $2,248 $1.70 $6,744
4BR $2,564 $1.60 $7,693

Availability in Minneapolis

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1,864 1BR units on the market in Minneapolis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
20% 44% 27% 6% 2%
Available Units in Minneapolis
Studio 848
1BR 1,864
2BR 1,165
3BR 264
4BR 93
Location
Nearby Colleges
Campus Buildings and Attractions
Distance Walking Biking Driving
Educational Sciences Building 1.0 mi 20 min 7 min 2 min
Northrop Auditorium 1.1 mi 20 min 8 min 3 min
Recreation and Wellness Center 1.3 mi 25 min 10 min 3 min
Carlson School of Management 1.3 mi 26 min 7 min 3 min
TCF Bank Stadium 1.5 mi 29 min 11 min 4 min
Nearby Hospitals
Name Distance
Hennepin County Medical CTR 1.08 mi.
University Of Minnesota Medical Center Fairview East Bank Er 1.26 mi.
University Of Minnesota Medical Center East 1.27 mi.
Nearby Fire Stations
Name Distance
Glenwood Fire Department 1.89 mi.
Minneapolis Fire Department 2.05 mi.
Metropolitan Airports Commission 2.05 mi.
FAQs
Is this property currently leasing units?
Yes. There are 2 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 2 units available for move-in over the next 2 months. The soonest move-in date is May 01, 2024.
What's the square footage of the available units?
The available units range from 550 to 750 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,200 to $1,300. Archer Apartments has 1 bedroom units available starting at $1,200.
Where is this property located?
This property is at 401 University Ave SE in Minneapolis, MN. It's 0.8 miles east from the center of Minneapolis.
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