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Pet FriendlyOffering a modern design, this property features an open-concept layout and ample natural light, enhancing its appeal. Great for urban dwellers, it provides convenient access to nearby shops, restaurants, and public transportation. Notable features include in-unit laundry, a fitness center, and secure parking, catering to a lifestyle of comfort and convenience.
Things you’ll love
DishwasherElevatorImages AvailableGreat for
Pet owners
Social life
Eco livingFeatures
| Air Conditioning | Central Air Conditioning |
| Heat Included | Living Room |
| Open Floor Plan | Water & Sewer Included |
Appliances
| Dishwasher | In-Unit Laundry |
| Refrigerator | Stainless Steel Appliances |
| Washer and Dryer |
Community
| Cats OK | Dogs OK |
| Elevator | No Smoking |
Grounds
| Assigned Parking |
Services
| Lawn Care Included | Snow Removal Included |
| Trash Removal Included |
Other
| One Year Lease | Tenant Pays All Electric |
One-time.
One-time. Refundable.
Assigned Parking
Contact for more information on pet policy.
Apartments in MinneapolisNicollet Island 127 Northeast 5th Street #205, Minneapolis, Minnesota 55413, United StatesNot your typical condo—this one is truly special. Rent a unique and iconic converted loft in NE Minneapolis! This 1-bed studio features secured access, an elevator, a large storage locker, one assigned uncovered parking spot, and beautiful scenic views. Located in Calumet Lofts, the space blends historic character with modern comfort. Enjoy exposed brick walls, lumber beams, and heated concrete floors—heat included in rent. The kitchen features stainless steel appliances and a convenient breakfast bar, and the sleeping area is separated with stylish partition curtains. The building is pet-friendly and offers great amenities: an exercise room, bike storage, and a lounge w/community room. Experience the charm of Nicollet Island–East Bank with easy access to trails, restaurants, bars, breweries, and plenty of local entertainment. Available Dec. 10th with 9, 12, 18, or 24 month lease terms. Leases less than 1 yr are subject to a one-time $125 short term lease fee. $200 move in/out fee due at time of move in. up to 2 cat/dogs allowed with $200/pet pet deposit. Every pet/animal must go thru prof screening process and apply. The fee is $30/pet, paid directly to the 3rd party screening vendor. $20/pet app fee paid at time of move in. Application fee: $45/ adult non-refundable. Information deemed reliable but not guaranteed. Renters insurance required. Deposit = one month’s rent.
How 127 Northeast 5th Street #205 compares to other nearby properties.
Positives
| Neighborhood | Nicollet Island |
|---|---|
| Zip code | 55413 |
| Type | Condo for rent |
studio apartments at 127 Northeast 5th Street #205 cost about 44% more than the average rent price for studio apartments in Minneapolis.
| Month | Median Rent |
|---|---|
| June 2024 | $1,042 |
| 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 |
| November 2025 | $988 |
| December 2025 | $1,098 |
| January 2026 | $1,079 |
| February 2026 | $1,088 |
| March 2026 | $1,077 |
| April 2026 | $1,032 |
| May 2026 | $1,024 |
| June 2026 | $1,023 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,449 |
| July 2024 | $1,470 |
| August 2024 | $1,463 |
| September 2024 | $1,411 |
| October 2024 | $1,427 |
| November 2024 | $1,434 |
| December 2024 | $1,440 |
| January 2025 | $1,438 |
| February 2025 | $1,288 |
| March 2025 | $1,330 |
| April 2025 | $1,246 |
| May 2025 | $1,379 |
| June 2025 | $1,375 |
| July 2025 | $1,365 |
| August 2025 | $1,241 |
| September 2025 | $1,275 |
| October 2025 | $1,317 |
| November 2025 | $1,318 |
| December 2025 | $1,446 |
| January 2026 | $1,386 |
| February 2026 | $1,408 |
| March 2026 | $1,384 |
| April 2026 | $1,309 |
| May 2026 | $1,352 |
| June 2026 | $1,386 |
| 6 months ago | $2,000 |
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