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The Redwell

VERIFIED

1020 3Rd Street N Minneapolis, MN

53 Photos
Updated 13 hours ago
$1,020 - $1,120
Studio - 1 Bed
1 Bath

416 - 682 Sq. Ft.

Available Now
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
85
Very Walkable
Transit Score®
74
Excellent Transit
Bike Score®
90
Biker's Paradise
Floor plans
Beds Rent Sq. Ft. Date Available
Studio $1,020 416.00 ft2 Now
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Beds Rent Sq. Ft. Date Available
1 $1,120 682.00 ft2 May 1st, 2021
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Beds Rent Sq. Ft. Date Available
2 $1,266 1029.00 ft2 Unavailable
2 $1,266 1028.00 ft2 Unavailable
2 $1,266 1015.00 ft2 Unavailable
2 $1,266 1029.00 ft2 Unavailable
2 $1,266 1028.00 ft2 Unavailable
2 $1,266 1015.00 ft2 Unavailable
2 $1,266 1029.00 ft2 Unavailable
2 $1,266 1028.00 ft2 Unavailable
2 $1,266 1015.00 ft2 Unavailable
2 $1,266 1029.00 ft2 Unavailable
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Amenities
In-unit Laundry
Air Conditioning
Fitness Center
On Bus Line
Business Center
Dishwasher
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Deposit: 0.00
Pet Fee: 0.00
Pet Rent: 0.00
Parking
Covered Parking
Lease & Fees
Lease Length: 12
Property details
Description

Introducing The Redwell Apartments—a brand-new addition to the North Loop area, NOW OPEN! Offering affordable apartments to Minneapolis, MN, we bring forward the chance to enjoy the best location in the heart of the city without skimping on comfort and modern design. Pets allowed!

Household Gross Incomes for The Redwell are restricted at 60% AMI. Select apartments are designated for Project Based Vouchers.
Household incomes must be under the following amounts:
1 Occupant: $43,440; 2 Occupants: $49,680; 3 Occupants: $55,860; 4 Occupants: $62,040; 5 Occupants: $67,020; 6 Occupants: $72,000

Located a block away from N Washington Ave. and with easy access to several bus and light rail stations, being a resident in our community means you get to live right in the middle of the action. This vibrant and ever-developing neighborhood is home to many work and play destinations, making sure you’ll always have something to do. Our location puts Target Corporation and Be The Match within walk

Office Hours
Monday: 9:00 AM - 5:00 PM
Tuesday: 9:00 AM - 5:00 PM
Wednesday: 9:00 AM - 5:00 PM
Thursday: 9:00 AM - 5:00 PM
Friday: 9:00 AM - 5:00 PM
Saturday: 10:00 AM - 4:00 PM
Additional Details
Total Unit Count: 109
Last Updated: 13 hours ago
Contact Number: (612) 284-6220
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 range from 416 to 682 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 studio and 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 $1,020 to $1,120. The Redwell has 1 bedroom units available starting at $1,120 and studio units available starting at $1,020.
Where is this property located?
This property is at 1020 3Rd Street N in Minneapolis, MN. It's 0.9 miles northwest from the center of Minneapolis.
Rent report

The Redwell Rent vs. Minneapolis Average

The Redwell is asking 16% less than the average 1 bedroom apartment in Minneapolis.

If you upsized to an average priced Minneapolis 2 bedroom apartment, you would pay 33% more per month.

If you downsized to an average priced Minneapolis studio apartment, you would pay 12% less per month.

The Redwell provides 2% more square footage than the average Minneapolis 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Redwell
Studio $1,020 $2.50 $3,060
1BR $1,120 $1.60 $3,360
Minneapolis Average
Studio $1,198 $2.30 $3,593
1BR $1,338 $2.00 $4,013
2BR $1,996 $1.90 $5,987
3BR $2,617 $1.80 $7,852
4BR $2,720 $1.50 $8,161

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 2,321 1BR units on the market in Minneapolis. If you're looking to negotiate, this may be your best option.

Available Units in Minneapolis
Studio 1,054
1BR 2,321
2BR 1,508
3BR 238
4BR 100
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 The Redwell by bedroom type below.
Studio
Suggested income:
$36,700
per year
1 Bedroom
Suggested income:
$40,300
per year
Property manager information
Steven Scott Management
Location
Nearby Colleges

Walden University

Capella University

Minneapolis Community and Technical College

Augsburg College

University of Minnesota - Twin Cities

Campus Buildings and Attractions
Distance Walking Biking Driving
Ackerberg Science Center 1.3 mi 27 min 7 min 3 min
Management Education Center 1.4 mi 28 min 8 min 3 min
Helland Center 1.5 mi 30 min 10 min 4 min
Whitney Fine Arts Theatre 1.6 mi 30 min 9 min 4 min
Loring Park 1.6 mi 32 min 12 min 4 min
Local scene
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