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Updated 4 days ago

Yale Place


48 27th Ave SE Minneapolis, MN

1 Bed
•
1 Bath

490 Sq. Ft.

Available starting Jun. 1st
Studio • 1 Bath
$750
395 ft2
0 Available
Managed By: Hornig Companies
Updated over 1 month ago

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-
$750
Rented
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1 Bed • 1 Bath
$890
490 ft2
1 Available
Managed By: Hornig Companies- Thornton Place, LLC
Updated 4 days ago

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Unit 3
$890
Available Jun 1st, 2024
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
71
Very Walkable
Transit Score®
59
Good Transit
Bike Score®
84
Very Bikeable
Amenities
On-site Laundry
Air Conditioning
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
High-speed Internet
Smoke-free Community
Range / Oven
Microwave
Elevator
Fees & leasing info
Pets
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit: $500
Property details
Description

Cozy 1bd Apartment in Beautiful Prospect Park - RENT SPECIAL: Receive 1/2 off your 1st month's rent if you sign a 12 month lease by 5/1/24!

Cozy 1bd Apartment in Beautiful Prospect Park

Located near the banks of the Mississippi River, in the Prospect Park neighborhood of Minneapolis, you will find Yale Place tucked in a quiet neighborhood, with excellent access to the University of Minnesota & Interstate 94. These well-kept apartments with onsite laundry and off-street parking available are a great value for anyone looking to live near the University of Minnesota! Come home to Yale Place!

Pet Policies:
-Cats allowed
-Max 2 cats total
-Cats must be spayed/neutered, vaccinated, and at least one year old

Fixed Monthly Charges:
-Electric paid to Xcel Energy
-RUBS water/sewer variable*
-RUBS Processing Fee $4.50
-Trash $15.00
-Minimum Liability Policy** $10.50
-LLI Processing Fee** $4.50

Optional Monthly Charges:
-Parking: Off street parking $50.00
-Cat: $25.00

*See utility addendum for full RUBS disclosure
**Liability insurance fees are waived for renters that provide the Declarations Page of their own Renter's Insurance Policy
See Hornig Companies Fee Disclosure for full details on all charges.

No Dogs Allowed

(RLNE7809403)

Additional Details
Account Type: Other
Total Unit Count: 18
Last Updated: Updated 4 days ago
Contact Number: (612) 339-5656
Photos Floor Plans Amenities
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 Yale Place by bedroom type below.
1 Bedroom
Suggested income:
$32,000
per year
Rent report

Yale Place Rent vs. Minneapolis Average

 Yale Place      Minneapolis Average
1BR
$890
$1,389
$0
$500
$1,000
$1,500
$2,000

Yale Place is asking 36% 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.

Yale Place provides 24% less square footage than the average Minneapolis 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Yale Place
1BR $890 $1.80 $2,670
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
TCF Bank Stadium 0.8 mi 15 min 8 min 2 min
University of Minnesota Medical Center East 0.9 mi 17 min 7 min 2 min
Recreation and Wellness Center 1.0 mi 20 min 7 min 2 min
Coffman Memorial Union 1.2 mi 24 min 14 min 3 min
University of Minnesota Medical Center 1.3 mi 25 min 9 min 3 min
Nearby Hospitals
Name Distance
University Of Minnesota Medical Center East 0.69 mi.
University Of Minnesota Medical Center Fairview East Bank Er 0.7 mi.
Shri NER S Hospital For Children 0.73 mi.
Nearby Fire Stations
Name Distance
Falcon Heights Fire Department 2.57 mi.
Metropolitan Airports Commission 3.31 mi.
Minneapolis Fire Department 3.31 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on June 01, 2024.
What's the square footage of the available units?
It's 490 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats.
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?
Yale Place has a 1 bedroom unit starting at $890.
Where is this property located?
This property is at 48 27th Ave SE in Minneapolis, MN. It's 2.5 miles east from the center of Minneapolis.
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