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Updated 3 hours ago

5040 Cedar Ave S


Minneapolis, MN

4 Bed
•
2 Bath

2,251 Sq. Ft.

Available Now
Floor plans
4 Beds • 2 Bath
$3,600
2251 ft2
1 Available
Managed By: avail
Available Nov 15th - 4 Bedroom 2 Bathroom House In South Minneapolis Lake Nokomis
$3,600
Available Now
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5040 Cedar Ave S
5040 Cedar Ave S
5040 Cedar Ave S
Amenities
Storage
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit: $3,600.00
Property details
Description

Enjoy comfort, convenience, and the charm of lake living in this beautifully maintained, 4-bedroom, 2 bath home just steps from Lake Nokomis. The home features stainless steel appliances, quartz countertops, hardwood floors, and a cozy gas-burning fireplace in the main living room. Large windows provide stunning, sun-filled views overlooking Lake Nokomis. Rent: $3600/month Utilities: Tenant Responsibility Pets: Pets are welcome! Pet Deposit: $500 per pet (non-refundable) Pet Rent: $50/month per pet Dog Policy: Must be under 50 lbs- no aggressive breeds or puppies. Applicants over 18 must undergo a background check, with a minimum credit score of 620. Renters insurance is required.

Additional Details
Total Unit Count: 1
Last Updated: Updated 3 hours ago
Contact Number: (651) 894-2400
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
US Internet Corp. 10000.0 10000.0
Comcast Corporation 987.0 35.0
CenturyLink, Inc. 940.0 940.0
ViaSat, Inc. 100.0 3.0
Nextera Holdings, LLC 50.0 50.0
Data from June 2020 provided by the FCC
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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 5040 Cedar Ave S by bedroom type below.
4 Bedroom
Suggested income:
$129,600
per year
Rent report

5040 Cedar Ave S Rent vs. Minneapolis Average

 5040 Cedar Ave S      Minneapolis Average
4BR
$3,600
$2,552
$0
$1,200
$2,400
$3,600
$4,800

5040 Cedar Ave S is asking 41% more than the average 4 bedroom apartment in Minneapolis.

If you downsized to an average priced Minneapolis 3 bedroom apartment, you would pay 13% less per month.

5040 Cedar Ave S provides 59% more square footage than the average Minneapolis 4 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
5040 Cedar Ave S
4BR $3,600 $1.60 $10,800
Minneapolis Average
Studio $1,100 $2.50 $3,301
1BR $1,429 $2.20 $4,286
2BR $2,071 $2.00 $6,212
3BR $2,263 $1.80 $6,788
4BR $2,552 $1.80 $7,656

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 1,853 1BR units on the market in Minneapolis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
17% 44% 29% 6% 3%
Available Units in Minneapolis
Studio 732
1BR 1,853
2BR 1,211
3BR 249
4BR 147
Location
Nearby Colleges

College Of St Catherine

University of St. Thomas

Augsburg College

University of Minnesota - Twin Cities

Minneapolis Community and Technical College

Nearby Hospitals
Name Distance
Abbott Northwestern Hospital 3.04 mi.
Childrens Hosp & Clinics Minne 3.22 mi.
Phillips Eye Institute 3.43 mi.
Nearby Fire Stations
Name Distance
Metropolitan Airports Commission 1.28 mi.
City Of Windom Volunteer Fire Department 2.27 mi.
Richfield Fire Department 3.41 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 now.
What's the square footage of the available units?
It's 2,251 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 4 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
5040 Cedar Ave S has a 4 bedroom unit starting at $3,600.
Where is this property located?
This property is at 5040 Cedar Ave S in Minneapolis, MN. It's 5.1 miles south from the center of Minneapolis.
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