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Updated 2 days ago

Loring Terraces, Apartments On West 15th


307 W 15th St Minneapolis, MN

3 Bed
1 Bath

1,200 Sq. Ft.

Available Now
1 Bed • 1 Bath
$850 - $950
600 ft2
0 Available
Managed By: Right Move Properties, Llc
Updated over 1 month ago

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315 West 15th Street 47
$850
Rented
View
315 West 15th Street 12
$925
Rented
View
307 West 15th Street 22
$950
Rented
View
2 Beds • 1 Bath
$1,225
900 ft2
0 Available
Managed By: Right Move Properties, Llc
Updated 17 days ago

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315 West 15th Street 317
$1,225
Rented
View
3 Beds • 1 Bath
$1,575 - $1,595
1200 ft2
2 Available
Managed By: Right Move Properties, Llc
Updated 2 days ago

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307-10
$1,595
Available Now
View
315-25
$1,575
Available Now
View
View Rented Units
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
90
Very Walkable
Transit Score®
73
Excellent Transit
Bike Score®
82
Very Bikeable
Amenities
On-site Laundry
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Meal Plan Available
Elevator
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Surface Parking
Garage - Attached
Lease & Fees
Security Deposit: 1575.0 - 1595.0
Property details
Description

Loring Park Three Bedroom - Stunning 3bd/1ba unit in the heart of Loring Park! A short distance to fun activities to enjoy such as the Walker Arts Center, Eat Street, and the Loring Dog Park! Enjoy the elegant character of a historic apartment with beautiful exposed brick and the benefits of Loring Park / Downtown living. This lovely apartment offers natural woodwork and lots of natural light!

Current waitlist for off-street parking.

Dishwasher in unit, App operated Laundry in building. Storage available for additional fee.

PETS:
We allow up to 2 cats per unit
Cat fee: $150 non-refundable (per cat).
Cat rent: $20/month (per cat).

We allow 1 dog per unit, weight may not exceed 40 pounds.
Dog fee: $300 non-refundable
Dog rent: $40/month

BASE RENTAL RATE:
$1595/month, rental income requirement is 2.95x the Base Rental Rate.

OCCUPANCY:
3 Bedrooms - up to 6 people only

UTILITIES:
Water is a flat rate of $55/month.
Trash billing is a flat rate of $10/month.
Gas billing is a flat rate of $40/month.
Tenants are responsible for electric, wifi and cable.

RENTAL REQUIREMENTS:
Minimum 2.95x Income to Base Rental Rate Ratio.
Rental and Criminal History Review.
Individualized Assessment

RightMove Properties utilizes software that allows tenants to pay rent, check their account balance and request maintenance via an online portal. Give us a call at 612-208-6645 to check our availability and schedule a tour!

(RLNE4401277)

Additional Details
Account Type: Other
Total Unit Count: 57
Last Updated: Updated 2 days ago
Contact Number: (612) 208-6645
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
US Internet Corp. 10000.0 10000.0
Arvig Enterprises, Inc. 1000.0 1000.0
Comcast Corporation 987.0 35.0
ViaSat, Inc. 100.0 3.0
Nextera Holdings, LLC 50.0 50.0
Data from June 2020 provided by the FCC
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 Loring Terraces, Apartments On West 15th by bedroom type below.
3 Bedroom
Suggested income:
$57,100
per year
Rent report

Loring Terraces, Apartments On West 15th Rent vs. Minneapolis Average

 Loring Terraces, Apartments On West 15th      Minneapolis Average
3BR
$1,585
$2,248
$0
$750
$1,500
$2,250
$3,000

Loring Terraces, Apartments On West 15th is asking 29% less than the average 3 bedroom apartment in Minneapolis.

If you upsized to an average priced Minneapolis 4 bedroom apartment, you would pay 12% more per month.

If you downsized to an average priced Minneapolis 2 bedroom apartment, you would pay 8% less per month.

Loring Terraces, Apartments On West 15th provides 10% less square footage than the average Minneapolis 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Loring Terraces, Apartments On West 15th
3BR $1,585 $1.30 $4,755
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
Loring Park 0.3 mi 5 min 4 min 1 min
Helland Center 0.3 mi 7 min 3 min 1 min
Whitney Fine Arts Theatre 0.3 mi 6 min 2 min 1 min
Management Education Center 0.5 mi 9 min 3 min 2 min
Ackerberg Science Center 0.6 mi 11 min 3 min 2 min
Nearby Hospitals
Name Distance
Hennepin County Medical CTR 1.05 mi.
Phillips Eye Institute 1.06 mi.
Childrens Hosp & Clinics Minne 1.26 mi.
Nearby Fire Stations
Name Distance
Lowry Fire Department 0.27 mi.
Metropolitan Airports Commission 0.37 mi.
Minneapolis Fire Department 0.37 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 vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units are 1,200 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 3 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 $1,575 to $1,595. Loring Terraces, Apartments On West 15th has 3 bedroom units available starting at $1,575.
Where is this property located?
This property is at 307 W 15th St in Minneapolis, MN. It's 1.3 miles southwest from the center of Minneapolis.
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