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Home / Minneapolis Area Apartments / New Brighton / The Exchange Apartments
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Updated 2 hours ago

The Exchange Apartments

VERIFIED

2299 Palmer Dr New Brighton, MN

Studio - 2 Bed
•
1 - 2 Bath

515 - 1,136 Sq. Ft.

Available Now
Deal
Up to Two Months Free!
Floor plans
Studio • 1 Bath
$1,315 - $1,415
533 ft2
2 Available

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Unit 431
$1,315
Available Jul 1st, 2024
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Unit 527
$1,415
Available Aug 1st, 2024
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View Rented Units
Studio • 1 Bath
$1,420 - $1,425
515 ft2
2 Available

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Unit 523
$1,425
Available Jul 1st, 2024
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Unit 623
$1,420
Available Aug 1st, 2024
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1 Bed • 1 Bath
$1,780 - $1,825
743 ft2
2 Available

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Unit 617
$1,825
Available Now
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Unit 319
$1,780
Available Jun 3rd, 2024
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View Rented Units
1 Bed • 1 Bath
$1,615 - $1,800
686 ft2
4 Available

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Unit 613
$1,800
Available May 1st, 2024
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Unit 616
$1,795
Available Jun 1st, 2024
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Unit 321
$1,615
Available Jul 1st, 2024
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Unit 316
$1,695
Available Jul 1st, 2024
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2 Beds • 2 Bath
$2,230 - $2,330
1030 ft2
3 Available

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Unit 404
$2,230
Available Jun 1st, 2024
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Unit 329
$2,230
Available Jul 1st, 2024
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Unit 604
$2,330
Available Jul 1st, 2024
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View Rented Units
2 Beds • 2 Bath
$2,540
1136 ft2
1 Available

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Unit 201
$2,540
Available Jul 1st, 2024
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Where you'll live
Street View
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Satellite View
The Exchange Apartments
The Exchange Apartments
The Exchange Apartments
Location ratings
Walk Score®
60
Somewhat Walkable
Transit Score®
19
Minimal Transit
Bike Score®
47
Somewhat Bikeable
Amenities
Fitness Center
Pool
Balcony, Deck, Patio
Package Receiving
Clubhouse
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Other:

Maximum of two pets per household.

Pet Fee:

150.00

Pet Rent:

25.00

Lease & Fees
Lease Length: 8, 9, 10, 11, 12, 13, 14, 15
Application Fee: $50
Other: Admin fee: $150
Property details
Description

Additional fees for this community include:Non-Optional FeesApplication fee: $50/adultNon-refundable administrative fee: Management charges a $150, non-refundable, administrative fee that is related to our internal and administrative costs for the establishment of a resident file, and preparation of initial lease paperwork and related addendums. This administrative fee must be paid, in addition to the payment of month's rent, any prorated rent, or any additional deposit that might be required on the day of move-in.Utility Fees:Electricity - Paid for by resident Gas – Paid for by residentHeat - Paid for by residentWater/Sewer/Trash – Utility billing is calculated by the Ratio Utility Billing System (RUBS) and will be added to the account ledger monthly. A 12-month history of payments is available for review in the management office, as required by Minnesota statute.

Additional Details
Total Unit Count: 132
Last Updated: Updated 2 hours ago
Contact Number: (651) 661-7711
Property manager information
Bader
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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: 11:00 AM - 3:00 PM
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
CenturyLink, Inc. 940.0 940.0
CenturyLink, Inc. 100.0 10.0
ViaSat, Inc. 100.0 3.0
Nextera Holdings, LLC 50.0 50.0
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
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Schools
Data provided by GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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 Exchange Apartments by bedroom type below.
Studio
Suggested income:
$50,100
per year
1 Bedroom
Suggested income:
$63,000
per year
2 Bedroom
Suggested income:
$84,000
per year
Rent report

The Exchange Apartments Rent vs. New Brighton Average

 The Exchange Apartments      New Brighton Average
Studio
$1,394
$1,138
$0
$500
$1,000
$1,500
$2,000
1BR
$1,752
$1,303
$0
$600
$1,200
$1,800
$2,400
2BR
$2,333
$1,293
$0
$800
$1,600
$2,400
$3,200

The Exchange Apartments is asking 23% more than the average studio apartment in New Brighton.

If you upsized to an average priced New Brighton 1 bedroom apartment, you would pay 13% more per month.

The Exchange Apartments provides 6% less square footage than the average New Brighton studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Exchange Apartments
Studio $1,394 $2.70 $4,181
1BR $1,752 $2.50 $5,255
2BR $2,333 $2.20 $6,998
New Brighton Average
Studio $1,138 $2.00 $3,413
1BR $1,303 $1.90 $3,908
2BR $1,293 $1.60 $3,879

Availability in New Brighton

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 38 2BR units on the market in New Brighton. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
4% 47% 49%
Available Units in New Brighton
Studio 3
1BR 36
2BR 38
Location
Nearby Colleges

Bethel University

Walden University

University of Minnesota - Twin Cities

Capella University

Augsburg College

Nearby Hospitals
Name Distance
Mercy Hospital – Unity Campus 3.35 mi.
North Memorial Medical Center 6.37 mi.
University Of Minnesota Medical Center Fairview East Bank Er 6.59 mi.
Nearby Fire Stations
Name Distance
Three Star Volunteer Fire Department 0.52 mi.
Columbia Heights Fire Department 1.54 mi.
New Brighton Department Of Public Safety Fire Division 1.71 mi.
FAQs
Is this property currently leasing units?
Yes. There are 14 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 5 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 515 to 1,136 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 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,780 to $2,230. The Exchange Apartments has 1 bedroom units available starting at $1,780 and 2 bedroom units available starting at $2,230.
Where is this property located?
This property is at 2299 Palmer Dr in New Brighton, MN. It's 0.9 miles northwest from the center of New Brighton.
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