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Updated 25 minutes ago

Colonial Terrace Apartments


Colonial Terrace Apartments 5621 Minnetonka Blvd St Louis Park, MN

Studio - 2 Bed
•
1 Bath

450 - 900 Sq. Ft.

Available starting Oct. 1st
Floor plans
Studio • 1 Bath
$1,079
450 ft2
1 Available
Managed By: Soderberg - The Gates of Rochester
1-308
$1,079
Available Oct 1st, 2026
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View Rented Units
1 Bed • 1 Bath
$1,279
700 ft2
1 Available
Managed By: Soderberg - The Gates of Rochester
2-306
$1,279
Available Oct 1st, 2026
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View Rented Units
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2 Beds • 1 Bath
$1,509
900 ft2
1 Available
Managed By: Soderberg - The Gates of Rochester
2-308
$1,509
Available Oct 1st, 2026
View
View Rented Units
View More
Where you'll live
Street View
Map View
Satellite View
Colonial Terrace Apartments
Colonial Terrace Apartments
Colonial Terrace Apartments
Location ratings
Walk Score®
56
Somewhat Walkable
Transit Score®
34
Some Transit
Bike Score®
55
Bikeable
Amenities
On-site Laundry
Fitness Center
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Range / Oven
Microwave
Elevator
High-speed Internet
Smoke-free Community
Picnic Area
Granite Countertop
Stainless Appliances
Fees & leasing info
Pets
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit:

1079 - 1509

Property details
Description

Colonial Terrace is a welcoming community located in the heart of St. Louis Park off of Highway 100 and Minnetonka Blvd, near a plethora of shopping, dining, and entertainment options. Choose from a renovated studio, 1, or 2 bedroom apartment that features luxury hardwood-style flooring, real granite countertops in the kitchen, stainless steel appliances, and walk-in closets. Our buildings offer the convenience of elevators, an indoor heated parking garage, additional storage, indoor bike racks, and coin-free laundry machines. Come and see why so many love our community!

Additional Details
Total Unit Count: 54
Last Updated: Updated 25 minutes ago
Contact Number: (952) 230-7053
Property manager information
Soderberg - The Gates of Rochester
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Photos Floor Plans Amenities
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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 Colonial Terrace Apartments by bedroom type below.
Studio
Suggested income:
$38,800
per year
1 Bedroom
Suggested income:
$46,000
per year
2 Bedroom
Suggested income:
$54,300
per year
Rent report

Colonial Terrace Apartments Rent vs. St Louis Park Average

 Colonial Terrace Apartments      St Louis Park Average
Studio
$1,079
$1,232
$0
$450
$900
$1,350
$1,800
1BR
$1,279
$1,389
$0
$500
$1,000
$1,500
$2,000
2BR
$1,509
$1,701
$0
$600
$1,200
$1,800
$2,400

Colonial Terrace Apartments is asking 12% less than the average studio apartment in St Louis Park.

If you upsized to an average priced St Louis Park 1 bedroom apartment, you would pay 11% more per month.

Colonial Terrace Apartments provides 7% less square footage than the average St Louis Park studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Colonial Terrace Apartments
Studio $1,079 $2.40 $3,237
1BR $1,279 $1.80 $3,837
2BR $1,509 $1.70 $4,527
St Louis Park Average
Studio $1,232 $2.50 $3,696
1BR $1,389 $1.90 $4,166
2BR $1,701 $1.60 $5,103
3BR $2,432 $1.80 $7,296
4BR $2,898 $1.60 $8,695

Availability in St Louis Park

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 301 2BR units on the market in St Louis Park. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
11% 42% 43% 3% 1%
Available Units in St Louis Park
Studio 77
1BR 292
2BR 301
3BR 24
4BR 4
Location
Nearby Colleges

Minneapolis Community and Technical College

Capella University

Walden University

Augsburg College

University of Minnesota - Twin Cities

FAQs
Is this property currently leasing units?
Yes. There are 3 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 3 units available for move-in over the next 2 months. The soonest move-in date is October 01, 2026.
What's the square footage of the available units?
The available units range from 450 to 900 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 studio, 1 and 2 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 $1,079 to $1,509. Colonial Terrace Apartments has studio units available starting at $1,079, 1 bedroom units available starting at $1,279, and 2 bedroom units available starting at $1,509.
Where is this property located?
This property is at Colonial Terrace Apartments 5621 Minnetonka Blvd in St Louis Park, MN. It's 1.2 miles southeast from the center of St Louis Park.
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