To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for The Elysian by bedroom type below.
2 Bedroom
Suggested income:
$81,000
per year
3 Bedroom
Suggested income:
$92,600
per year
4 Bedroom
Suggested income:
$127,800
per year
Rent report
The Elysian Rent vs. Minneapolis Average
The Elysian
Minneapolis Average
2BR
$2,250
$1,985
$0
$750
$1,500
$2,250
$3,000
3BR
$2,573
$2,086
$0
$850
$1,700
$2,550
$3,400
4BR
$3,550
$2,473
$0
$1,200
$2,400
$3,600
$4,800
The Elysian is asking 13%
more than the average 2 bedroom apartment in
Minneapolis.
If you upsized to an average priced Minneapolis 3 bedroom apartment, you would pay
5% more per month.
If you downsized to an average priced Minneapolis 1 bedroom apartment,
you would pay 48% less per month.
The Elysian provides 11%
more square footage than the average
Minneapolis 2 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
The Elysian
2BR
$2,250
$2.00
$6,750
3BR
$2,573
$2.00
$7,718
4BR
$3,550
$1.40
$10,650
Minneapolis Average
Studio
$1,113
$2.50
$3,339
1BR
$1,340
$2.10
$4,021
2BR
$1,985
$2.00
$5,956
3BR
$2,086
$1.70
$6,259
4BR
$2,473
$1.80
$7,418
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 1,905 1BR
units on the market in Minneapolis. If you're looking to negotiate, this may be your best option.
University Of Minnesota Medical Center Fairview East Bank Er1.01 mi.
University Of Minnesota Medical Center East1.03 mi.
University Of Minnesota Medical Center1.17 mi.
Nearby Fire Stations
NameDistance
Glenwood Fire Department2.17 mi.
Metropolitan Airports Commission2.3 mi.
Minneapolis Fire Department2.3 mi.
FAQs
Is this property currently leasing units?
Yes. There are 4 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 4 units vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 1,110 to 2,533 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 2, 3 and 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?
Rent on available units ranges from $2,250 to $3,550. The Elysian has 2 bedroom units available starting at $2,250, 3 bedroom units available starting at $2,450, and 4 bedroom units available starting at $3,550.
Where is this property located?
This property is at 711 4Th St SE in Minneapolis, MN. It's 1.1 miles east from the center of Minneapolis.