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Updated 4 minutes ago

Yale Place


48 27th Ave SE Minneapolis, MN

Studio - 1 Bed
•
1 Bath

395 - 490 Sq. Ft.

Available Now
Studio • 1 Bath
$895
395 ft2
1 Available
Managed By: Hornig Companies- Thornton Place, LLC
Unit 105
$895
Available Now
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1 Bed • 1 Bath
$915 - $925
490 ft2
1 Available
Managed By: Hornig Companies
1-bedroom/1-bathroom
$915+
Available Now
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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
Controlled Access
Range / Oven
Tile Floor
High-speed Internet
Smoke-free Community
Microwave
Elevator
Fees & leasing info
Pets
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit: $500
Property details
Description

Located near the banks of the Mississippi River in the Prospect Park neighborhood of Minneapolis, Yale Place is tucked into a quiet residential setting with convenient access to the University of Minnesota and Interstate 94. These well-kept apartment homes offer onsite laundry and available off-street parking, providing comfort and convenience in a charming neighborhood setting. 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 $6.00
-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
Lease Term:
12-Month Initial Lease Term Only
*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.

Additional Details
Total Unit Count: 18
Last Updated: Updated 4 minutes 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.
Studio
Suggested income:
$32,200
per year
Rent report

Yale Place Rent vs. Minneapolis Average

 Yale Place      Minneapolis Average
Studio
$895
$1,090
$0
$400
$800
$1,200
$1,600

Yale Place is asking 18% less than the average studio apartment in Minneapolis.

If you upsized to an average priced Minneapolis 1 bedroom apartment, you would pay 24% more per month.

Yale Place provides 9% less square footage than the average Minneapolis studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Yale Place
Studio $895 $2.30 $2,685
Minneapolis Average
Studio $1,090 $2.50 $3,269
1BR $1,430 $2.20 $4,290
2BR $2,050 $2.00 $6,149
3BR $2,357 $1.80 $7,072
4BR $2,496 $1.80 $7,488

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 2,106 1BR units on the market in Minneapolis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
18% 45% 28% 5% 2%
Available Units in Minneapolis
Studio 828
1BR 2,106
2BR 1,303
3BR 249
4BR 97
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 now.
What's the square footage of the available units?
It's 395 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 studio 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 studio unit starting at $895.
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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