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Updated 30 minutes ago

Yale Place


48 27th Ave SE Minneapolis, MN

1 Bed
•
1 Bath

490 Sq. Ft.

Available Now
Studio • 1 Bath
$875 - $895
395 ft2
0 Available
Managed By: Hornig Companies- Thornton Place, LLC
Unit 5
$875
Rented
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Unit 105
$895
Rented
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Studio • 1 Bath
$750
395 ft2
0 Available
Managed By: Hornig Companies
-
$750
Rented
View
1 Bed • 1 Bath
$935
490 ft2
1 Available
Managed By: Hornig Companies- Thornton Place, LLC
Unit 4
$935
Available Nov 4th, 2026
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View Rented Units
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
High-speed Internet
Smoke-free Community
Microwave
Elevator
Tile Floor
Range / Oven
Fees & leasing info
Pets
Dogs Ok
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:
-Dogs & Cats allowed
-Max 2 pets total
-Cats & Dogs must be spayed/neutered, vaccinated, and at least one year old
-Pet Deposit: $150 per pet
-Non-Refundable Fee: $150 per pet
-Fish are allowed in one tank max, 20 gallons or less
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
-Dog: $50.00
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 30 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.
1 Bedroom
Suggested income:
$33,700
per year
Rent report

Yale Place Rent vs. Minneapolis Average

 Yale Place      Minneapolis Average
1BR
$935
$1,444
$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 29% 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 $935 $1.90 $2,805
Minneapolis Average
Studio $1,115 $2.60 $3,345
1BR $1,444 $2.20 $4,332
2BR $2,102 $2.10 $6,305
3BR $2,284 $1.70 $6,851
4BR $2,653 $1.70 $7,959

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 1,951 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% 47% 28% 5% 2%
Available Units in Minneapolis
Studio 740
1BR 1,951
2BR 1,174
3BR 203
4BR 72
Location
Nearby Colleges
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 November 04, 2026.
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 and dogs.
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 $935.
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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