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| Monthly rent | $2,695–$3,995 |
|---|---|
| Beds | 2–3 |
| Baths | 2 |
| Sqft | 968–1,659 |
2 Bed 2 bath unit
| Units | 22 |
|---|---|
| Units available | 2 |
| Neighborhood | |
| City | |
| Zip code | 55415 |
Features such as a community room, playground, and walk-in closet enhance the living experience, complemented by granite countertops and stainless steel appliances. The property is well-situated for work-from-home flexibility, fitness wellness, and social engagement, with close access to a top-rated elementary school and numerous nearby restaurants. Additionally, the abundance of photos helps potential renters visualize their new home effectively.
Things you’ll love
Great for
Available
2 Beds
2 Baths
$2,695
Balcony • Hardwood Floor • Air Conditioning • High Ceilings
Available
3 Beds
2 Baths
$3,995
Balcony • Walk-In Closets • Dishwasher • In-Unit Laundry • Hardwood Floor
Some units at this address have these amenities. View unit details for more information.
Questions about this property’s policies and fees?
Live at 1240 S 2nd St in the heart of Downtown East, Minneapolis! This high-rise property offers 22 units across 2 and 3-bedroom floor plans, ranging from 968 to 1659 square feet. Enjoy top-notch finishes, including granite countertops, stainless steel appliances, and upgraded cabinetry. Take advantage of fantastic amenities like a community room, playground, cardio center with studio, balcony patio, and outdoor space. Plus, most utilities are included for added convenience. With a walkable distance to grocery stores and public transportation, this property offers the perfect blend of comfort and accessibility. Note that this property is not pet-friendly and offers long-term rentals only. Experience the best of urban living in this exceptional property!
| Units | 22 |
|---|---|
| Units available | 2 |
| Neighborhood | |
| City | |
| Zip code | 55415 |
How 1240 S 2nd St, Minneapolis, MN 55415, USA compares to other nearby properties.
Positives
Considerations
If you decide to upgrade your space, you can expect 2-bedrooms at 1240 S 2nd St #119 to be 19% less than the average for similarly sized apartments in Downtown East.
3-bedroom apartments at 1240 S 2nd St #119 cost about 48% less than the average rent price for 3-bedroom apartments in Downtown East.
| Month | Median Rent |
|---|---|
| November 2023 | $1,056 |
| December 2023 | $994 |
| January 2024 | $964 |
| February 2024 | $925 |
| March 2024 | $1,016 |
| April 2024 | $1,024 |
| May 2024 | $1,097 |
| June 2024 | $1,041 |
| July 2024 | $1,031 |
| August 2024 | $1,083 |
| September 2024 | $1,070 |
| October 2024 | $1,041 |
| November 2024 | $1,025 |
| December 2024 | $1,015 |
| January 2025 | $993 |
| February 2025 | $1,001 |
| March 2025 | $1,006 |
| April 2025 | $978 |
| May 2025 | $967 |
| June 2025 | $1,014 |
| July 2025 | $982 |
| August 2025 | $1,033 |
| September 2025 | $1,019 |
| October 2025 | $993 |
| Month | Median Rent |
|---|---|
| November 2023 | $1,277 |
| December 2023 | $1,245 |
| August 2024 | $1,414 |
| September 2024 | $1,393 |
| October 2024 | $1,384 |
| November 2024 | $1,400 |
| December 2024 | $1,400 |
| January 2025 | $1,404 |
| February 2025 | $1,405 |
| March 2025 | $1,405 |
Can I afford to live at 1240 S 2nd St?
Bedrooms
Rent-to-income ratio
30%
$107,800/yr
| Bath | |||||
|---|---|---|---|---|---|
| This month | $2,795 | 2 bed | 2 bath | ||
| Last month | $4,150 | 3 bed | 2 bath | ||
| 2 months ago | $4,250 | 3 bed | 2 bath | ||
| 5 months ago | $6,250 | 3 bed | 2 bath | ||
| 6 months ago | $2,795 | 2 bed | 1 bath | ||
| 6 months ago | $2,895 | 2 bed | 2 bath | ||
| 6 months ago | $3,600 | 2 bed | 2 bath | ||
| 6 months ago | $3,095 | 2 bed | 1 bath | ||
| 7 months ago | $3,195 | 2 bed | 1 bath |
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