3 Days Ago
Highlights
Pet Friendly
Location
127 Northeast 5th Street #205, Minneapolis, Minnesota 55413, United States|Nicollet Island
Tour 127 Northeast 5th Street #205
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Tradewind Properties
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Property Overview
Offering 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.
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
Elevator- Images Available
Great for
Pet owners
Social life
Eco living
Amenities for 127 Northeast 5th Street #205, Nicollet Island
Apartment Amenities
| 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 |
Building
| 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 |
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
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 127 Northeast 5th Street #205
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Apartments in MinneapolisNicollet Island 127 Northeast 5th Street #205, Minneapolis, Minnesota 55413, United States
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.
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 Northeast 5th Street #205 compares to other nearby properties.
Positives
- 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
Address details
| Neighborhood | Nicollet Island |
|---|---|
| Zip code | 55413 |
| Type | Condo for rent |
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Rent trends in Nicollet Island
studio apartments at 127 Northeast 5th Street #205 cost about 39% more than the average rent price for studio apartments in Minneapolis.
Median rents as of Nov 29 2025.
Nicollet Island
Minneapolis
| Month | Median Rent |
|---|---|
| December 2023 | $1,000 |
| 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 |
| November 2025 | $988 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,434 |
| January 2024 | $1,433 |
| February 2024 | $1,429 |
| March 2024 | $1,438 |
| April 2024 | $1,456 |
| May 2024 | $1,488 |
| June 2024 | $1,479 |
| 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 |
Affordability calculator
Can I afford to live at 127 Northeast 5th Street #205?
Bedrooms
StudioRent-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
$80,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $80,000 annually to afford this studio monthly rent price of $2,000.
For more information on rent affordability, visit our rent calculator.
Schools near 127 Northeast 5th Street #205
MPS Metro HA
932 e. 34th st.
minneapolis, MN, 55407
K-12Public
River Bend Educational Center
1510 glenwood ave s
minneapolis, MN, 55405
K-12Public
Early Childhood Special Education
3320 elliot ave s
minneapolis, MN, 55407
PK, KPublic
B+
MPS Metro SJ
932 east 34th st
minneapolis, MN, 55407
K-12Public
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Internet available near 127 Northeast 5th Street #205
Getting around Minneapolis near 127 Northeast 5th Street #205
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 Northeast 5th Street #205, 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
Explore the area around 127 Northeast 5th Street #205
Herbivorous Butcher
507 1st Ave NE
Lunds & Byerlys
25 University Ave SE
Tare Market
945 Broadway St NE
Whole Foods Market
222 Hennepin Ave S
Trader Joe's
721 Washington Ave S
GH2 Outlet
318 E Hennepin Ave
Hazel & Rose LLC
201 6th St SE
Flutter Bridal Co
43 SE Main St
Knot Clothing & Belt Co
610 9th St SE
Red Wing Technologies Inc
111 3rd Ave S
Caribou Coffee
25 University Ave SE
Kenya Coffee Marketers, LLC
1 SE Main St
Aster Cafe
125 SE Main St
Empire Coffee
807 Broadway St NE
Dunn Bros Coffee Franchising, Inc
111 3rd Ave S
Terminal Bar
409 E Hennepin Ave
Otter's Saloon
617 Central Ave SE
Stray Dog
401 E Hennepin Ave
Ground Zero
15 4th St NE
Ray J's American Grill
500 Central Ave SE
Bellecour Bakery
210 N 1st St
Mother Dough Bakery
205 Park Ave
Nothing Bundt Cakes
316 N 2nd St
Einstein Bros Bagels
550 S 4th St
Classic Cookie Co
200 S 5th St
Holmes Park
Saint Anthony Park
Father Hennepin Bluffs Park
Dickman Park
Boom Island Park
Boughatsa Inc Specialty Greek Foods
19 5th St NE
Gardens of Salonica
19 5th St NE
Water Bar & Public Studio
509 1st Ave NE
Conga Latin Bistro
501 E Hennepin Ave
Lu's Sandwiches
10 6th St NE
1st Ave NE & 5th St NE
,
Central Ave NE & Hennepin Ave E
, ,
1st Ave NE & 6th St NE
,
1st Ave NE & 4th St NE
,
Hennepin Ave E & 5th St SE
,
Target Field Station & Rail Platform
Northstar Commuter Rail
Fridley Station & Platform
Northstar Commuter Rail
Fridley Station & Platform
Northstar Commuter Rail
U.S. Bank Stadium Station
METRO Blue Line, METRO Green Line
U.S. Bank Stadium Station
METRO Blue Line, METRO Green Line
Government Plaza Station
METRO Blue Line, METRO Green Line
Government Plaza Station
METRO Blue Line, METRO Green Line
Nicollet Mall Station
METRO Blue Line, METRO Green Line
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