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Updated 2 hours ago

Yale Place


48 27th Ave SE Minneapolis, MN

1 Bed
•
1 Bath

490 Sq. Ft.

Available Now
Studio • 1 Bath
$875
395 ft2
0 Available
Managed By: Hornig Companies- Thornton Place, LLC
Unit 5
$875
Rented
View
Studio • 1 Bath
$750
395 ft2
0 Available
Managed By: Hornig Companies
-
$750
Rented
View
1 Bed • 1 Bath
$925 - $945
490 ft2
2 Available
Managed By: Hornig Companies- Thornton Place, LLC
Unit 204
$945
Available Now
View
Unit 6
$925
Available Jan 1st, 2026
View
View Rented Units
1 Bed • 1 Bath
$915 - $925
490 ft2
1 Available
Managed By: Hornig Companies
1-bedroom/1-bathroom
$915+
Available Now
View
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
High-speed Internet
Smoke-free Community
Range / Oven
Microwave
Elevator
Tile Floor
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, 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!

Additional Details
Total Unit Count: 18
Last Updated: Updated 2 hours 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:
$33,700
per year
Rent report

Yale Place Rent vs. Minneapolis Average

 Yale Place      Minneapolis Average
1BR
$935
$1,429
$0
$500
$1,000
$1,500
$2,000

Yale Place is asking 35% less than the average 1 bedroom apartment in Minneapolis.

If you upsized to an average priced Minneapolis 2 bedroom apartment, you would pay 31% more per month.

If you downsized to an average priced Minneapolis studio apartment, you would pay 30% less per month.

Yale Place provides 25% less square footage than the average Minneapolis 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Yale Place
1BR $935 $1.90 $2,805
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
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 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. 1 unit is vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units are 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?
Rent on available units ranges from $925 to $945. Yale Place has 1 bedroom units available starting at $925.
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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