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Location

127 5th St Ne #309, Minneapolis, MN 55413, USA|Nicollet Island

Tour 127 5th St Ne #309

Contact

UpDown Property Management

(651) 371-5450

Property Overview

Stylish condo in Northeast Minneapolis offering modern finishes, in-unit laundry, and garage parking, along with building amenities like a fitness center and community spaces. Appealing for those who value walkable access to restaurants, riverfront trails, and downtown, as well as convenient transit and commuter routes. Notable features combine low-maintenance living, secure entry, and a vibrant urban location with neighborhood charm.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • More space
  • Elevator
  • Images available

Great for

  • Social life
  • Eco living
  • Wellness

Amenities for 127 5th St Ne #309, Nicollet Island

Features

Air ConditioningGas Included
Voice IntercomWater & Sewer Included

Appliances

DishwasherGarbage Disposal
In-Unit LaundryMicrowave
RefrigeratorWasher and Dryer

Tech

Cable TelevisionInternet Access Included

Community

ElevatorFitness Center
Onsite Laundry

Grounds

Assigned Parking

Services

Trash Removal Included

Other

No Cats
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Assigned Parking

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

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About 127 5th St Ne #309

HomeApartments in MinneapolisNicollet Island 127 5th St Ne #309, Minneapolis, MN 55413, USA

Calumet Lofts is in Minneapolis's Northeast neighborhood, and this third-floor unit is a rare chance to actually live there. At 1,010 sq ft, the open-concept layout feels even bigger thanks to soaring ceilings and exposed brick that give the space real character. In-floor hot water heat keeps things warm without the noise of forced air, and with electric as your only utility, monthly costs stay predictable. Internet through Xfinity is included, and in-unit laundry means no hauling a bag down the hall. Building amenities punch above the price: a shared gym, a reservable community and event space, and indoor bike racks, all included. One off-street parking spot rounds it out. Northeast's restaurants, breweries, art studios, and riverfront trails are right outside the door. Due prior to move in First full month of rent. Prorated rent Security deposit ESA Only $150 admin fee. $10.95 renter insurance policy $10.00 monthly processing fee HSA Required move in fee $150 $55 application fee per person over the age of 18 that will be living in the home. First full month's rent and one time $150 admin fee due at signing of pre lease hold. The owner follows HUD guidelines. This home is marketed by UpDown Property Management. All information is deemed reliable but not guaranteed and is subject to change. Stove


Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 127 5th St Ne, Minneapolis, MN 55413, USA compares to other nearby properties.

Positives

More space
The 1-bedroom is 260 sqft larger than other listings nearby
Elevator
Improved accessibility features
Images available
There are at least 10 photos of this address

Considerations

Greater distance from high schools
The nearest high school is farther than 1 mile away
Pet restrictions
Pets aren't allowed at this location.

Address details

NeighborhoodNicollet Island
Zip code55413
TypeCondo for rent

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Rent trends in Nicollet Island

1-bedroom apartments at 127 5th St Ne #309 cost about 7% more than the average rent price for 1-bedroom apartments in Minneapolis.

Median rents as of Apr 18 2026.
Nicollet Island
Minneapolis
A table of 1-bedroom apartment rental data trends in Minneapolis
MonthMedian Rent
May 2024$1,347
June 2024$1,314
July 2024$1,337
August 2024$1,357
September 2024$1,361
October 2024$1,294
November 2024$1,305
December 2024$1,324
January 2025$1,311
February 2025$1,293
March 2025$1,303
April 2025$1,277
May 2025$1,256
June 2025$1,278
July 2025$1,254
August 2025$1,288
September 2025$1,300
October 2025$1,312
November 2025$1,324
December 2025$1,350
January 2026$1,346
February 2026$1,342
March 2026$1,374
April 2026$1,366
A table of 1-bedroom apartment rental data trends in Nicollet Island
MonthMedian Rent
May 2024$1,802
June 2024$1,841
July 2024$1,804
August 2024$1,798
September 2024$1,768
October 2024$1,863
November 2024$1,818
December 2024$1,731
January 2025$1,786
February 2025$1,607
March 2025$1,593
April 2025$1,630
May 2025$1,687
June 2025$1,789
July 2025$1,859
August 2025$1,805
September 2025$1,952
October 2025$1,906
November 2025$1,801
December 2025$1,680
January 2026$1,707
February 2026$1,810
March 2026$1,814
April 2026$1,824

Affordability calculator

Can I afford to live at 127 5th St Ne #309?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$78,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $78,000 annually to afford this 1-bedroom monthly rent price of $1,950.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 127 5th St Ne, Minneapolis, MN.
6 months ago$1,9951 bed1 bath
8 months ago$2,1501 bed1 bath
1 year ago$2,1001 bed1 bath
1 year ago$2,1951 bed1 bath
2 years ago$1,9501 bed1 bath
2 years ago$1,9951 bed1 bath
3 years ago$1,7951 bed1 bath
3 years ago$1,8951 bed1 bath
3 years ago$1,8951 bed1 bath

Schools near 127 5th St Ne #309

Webster Elementary School

425 5th st ne

minneapolis, MN, 55413

PK, K-5Public
C+

MPS Metro HA

932 e. 34th st.

minneapolis, MN, 55407

K-12Public

Justice Alan Page Elementary School

999 nofound st

nofoundcity, MN, 88888

PK, K-5Public

MPS Online K-5

1250 west broadway ave

minneapolis, MN, 55411

K-5Public
C+

River Bend Educational Center

1510 glenwood ave s

minneapolis, MN, 55405

K-12Public
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Internet available near 127 5th St Ne #309

Getting around Minneapolis near 127 5th St Ne #309

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

6/10
This area is close to freeways and has adequate parking options.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 127 5th St Ne #309, Minneapolis

Groceries

9/10
At least one supermarket within a 5-minute walk

Shopping

6/10
Several shops within a few minutes’ walk

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

8/10
Variety of restaurants within a few minutes' walk

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

9/10
At least one high school within a 5-minute walk

Parks

10/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

7/10
Several bars within a few minutes’ walk

Other units at this address

127 5th St Ne Minneapolis, MN

Occupied

104

Studio

1 Bath

$1,550

Listed by Leasing Office
Days on market: 3429
Amazing NE Minneapolis Condo, 12 Foot Ceilings, In Floor Heating, Pets Welcome - This amazing Ne Minneapolis condo will be available for a Feb 1st move in. This is true loft style condo with 12 foot exposed wood ceilings and gorgeous concrete floors. The building itself was converted from an old furniture warehouse and is in an amazing location. As a tenant you will only pay for electric, heating is in floor and air conditioning is water cooled and free of charge. With your unit comes a very large storage locker as well as access to the workout area. There is one dedicated parking space. There is no room for an additional car so if you have two cars you will need to find street parking in the area. Pets are with positive rental reference and credit score. Applications will be available at time of showing or online. Each application is $45 per adult and can be paid with a credit or debit card. Application is based off income, credit, rental/work history and includes a criminal background check. Any questions please call or email Billy. Broker: GUARDIAN PROPERTY MANAGEMENT AND SERVICES LLC Agent: Billy Sommers

Occupied

304

1 Bed

1 Bath

$900

Listed by Leasing Office
Days on market: 1836
This loft features beautiful white brick walls & old Douglas Fir timber beams. The Calumet Lofts building is the only historic condo building in the area, & with 35 units fosters a tight-knit community. This is a huge, quiet top-floor unit with unobstructed views south towards downtown & east past the University of Minnesota. One of the largest unit in the building, the open-floor-plan loft is perfect for entertaining, from dinner parties to game nights. Even with the open space, the unit is big enough to be divided into several well-defined functional spaces. Beautiful, large custom cabinets provide much needed storage space & the foundation for a dream closet. Recently upgraded washer/dryer & dishwasher are all quiet and add to the convenience and comfort. Great location!

Occupied

G05

1 Bed

1 Bath

$1,450

Listed by Alechia Bannochie
Days on market: 4091
One-Of-A Kind Loft In NE Minneapolis! Longer Lease Terms Available: 12 Month, or 18 Month Lease w/Options to Renew With Tons Of Upgrades Including: Granite Counter tops! Vintage Claw Foot Tub! Custom Colored Cement Floors and More! **As Per Association** Required $100 Move-In and $100 Move-Out Fee Paid By Tenant! $100 Move-In Fee is Covered by Owner ** Calumet Lofts near Central Ave In NE Minneapolis! Open loft style loft with 936 sq. ft. located on Ground Level with endless possibilities. Warm Douglas Fir beams/ceilings; heated concrete flooring (radiant flooring), exposed brick and large windows. Open style kitchen with nice counter tops, custom cabinetry and stainless steel appliances. In unit W/D and large full BA. The loft also offers an air filtration system w/option of a built in water filter for an additional charge. 1 parking space comes with the unit, off street parking available, large storage units; community room; indoor bike rack and so much more! Comcast cable only. Walking distance to dining, shopping, the River & Downtown! All Information Deemed Reliable But Not Guaranteed. Pet Policy Cats Allowed and Dogs Allowed * Maximum Combined Pet Weight: 25lbs * Maximum Number of Pets: 2 * All Pets Must Have Papers * Cats Must be Declawed Restrictions or Other Items * Non-Refundable Pet Fee Paid By Tenant * $500 for 1st Pet and $100 Each For any Additional Pet * No Aggressive Breeds, Call Office For More Details

Occupied

1 Bed, 1 Bath

1 Bed

1 Bath

$1,595

Listed by Alexa Bender
Days on market: 3318
Unique Top-Floor/Corner Condo In NE Minneapolis At Exclusive Calumet Lofts! Live in Calumet Lofts near Central Ave In NE Minneapolis! Open-style loft with 1010 sq. ft. located on top level with endless possibilities. Walking distance to dining, shopping, the river & downtown! Warm Douglas Fir beams/ceilings; heated concrete flooring (radiant flooring), exposed brick, and large windows on 2 exterior walls--with views! Open kitchen with custom cabinetry and stainless steel appliances. In-unit W/D and large full BA. 1 parking space comes with the unit; Off-street parking available. Community features include a large storage unit; community room; indoor bike rack, and so much more! **As Per Association** Required $200 (total) move in/out fee paid by tenant prior to move in. Note: Comcast cable only. Room measurements are as follows: LR 20x18 Kitchen 14x13 BR 1 14x12 All Information Deemed Reliable But Not Guaranteed. Pet Policy Pets Not Allowed! Other Tenant Charges The advertised rent price DOES NOT include $15/month required enrollment in property liability insurance program, which protects the property against unintentional tenant damage. Tenant may also purchase renter's insurance separately.

Occupied

308

1 Bed

1 Bath

$2,150

Listed by Leasing Manager
Days on market: 2463
Unbelievable 2 level luxury loft condo in the heart of downtown NE Minneapolis. Restaurants, breweries, and nightlift just steps out your door. Two levels of carefree condo liing - one level for bedroom and bath, and another for living and dining. Stainless steel appliances, beautiful kitchen with tons of storage space. Secure building with a gym, too! Available NOW! Tenant is responsible for electricity. Included is internet, watr/sewer, trash, heat, all common area expenses. This home is pet friendly with a $500 non-refundable pet deposit. This is a 1 year lease. Application fee of $35.00/adult. No section 8 programs, monthly income must be $6,450. No previous evictions/UDs, or felonies.

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