3 Days Ago
Location
201 Melbourne Ave Se #E, Minneapolis, MN 55414, USA|Prospect Park
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Property Overview
A well-documented rental with 37 photos, giving a clear, detailed look at the interior and overall condition before visiting in person. Visual transparency is a key strength here, helping renters quickly understand layout, style, and potential fit with their needs.
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- Elementary school nearby
- Extra Storage
Great for
Work-from-home
Amenities for 201 Melbourne Ave Se #E, Prospect Park
Apartment Amenities
| Central Air | Hardwood Floor |
Appliances
| In-Unit Laundry |
Grounds
| Outdoor Space | Storage |
Other
| Five Rooms |
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
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About 201 Melbourne Ave Se #E
Property Status: Active Welcome home to your charming 2BR with hardwood floors nestled in Prospect Park. Stepping in the 1st floor you’ll find a cozy living room, dining room, kitchen, bedroom with access to the 3 season’s porch, and bathroom. Upstairs is a massive primary bedroom with its own bathroom. Kitchen features stone countertops, gas oven, tiled backsplash, and stainless steel appliances. Downstairs are your full-size washer & dryer and tons of storage space. Smart updates throughout the home include central air, Energy Star appliances, updated insulation in the walls & roof, and Pella windows, making the home extremely energy efficient. Unit sits on double-lot with fenced-in back yard and expansive front yard with mature trees. Live in a signature and iconic residential neighborhood, home to The Witch’s Tower, but with fast access to freeways, the U of MN, and both downtowns. Included in rent: water/sewer/trash & exterior maintenance. Tenant responsible for electricity, gas, elective cable and internet. App Fee: $78 per adult; Admin Fee: $150; Security deposit is one month's rent. Office Phone: (612) 777-8005 Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 201 Melbourne Ave Se #E compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 50 sqft larger than other listings nearby
- Elementary school nearby
- There is an elementary school 0.3 mile away
- Extra Storage
- Upgraded in-unit features
- Images available
- There are at least 10 photos of this address
- Outdoor space
- One or more rentals here have easy access to the outdoors
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
Address details
| Neighborhood | Prospect Park |
|---|---|
| Zip code | 55414 |
| Type | Apartment for rent |
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Rent trends in Prospect Park
2-bedroom apartments at 201 Melbourne Ave Se #E cost about 32% more than the average rent price for 2-bedroom apartments in Minneapolis.
Median rents as of May 9 2026.
Prospect Park
Minneapolis
| Month | Median Rent |
|---|---|
| May 2024 | $1,900 |
| June 2024 | $1,919 |
| July 2024 | $1,840 |
| August 2024 | $1,924 |
| September 2024 | $1,885 |
| October 2024 | $1,826 |
| November 2024 | $1,780 |
| December 2024 | $1,800 |
| January 2025 | $1,784 |
| February 2025 | $1,759 |
| March 2025 | $1,726 |
| April 2025 | $1,694 |
| May 2025 | $1,690 |
| June 2025 | $1,678 |
| July 2025 | $1,676 |
| August 2025 | $1,722 |
| September 2025 | $1,719 |
| October 2025 | $1,733 |
| November 2025 | $1,729 |
| December 2025 | $1,693 |
| January 2026 | $1,723 |
| February 2026 | $1,757 |
| March 2026 | $1,751 |
| April 2026 | $1,781 |
| May 2026 | $1,746 |
| Month | Median Rent |
|---|---|
| May 2024 | $2,095 |
| June 2024 | $1,969 |
| July 2024 | $1,892 |
| August 2024 | $2,012 |
| September 2024 | $1,958 |
| October 2024 | $1,539 |
| November 2024 | $1,524 |
| December 2024 | $1,542 |
| January 2025 | $1,542 |
| February 2025 | $1,542 |
| March 2025 | $1,590 |
| April 2025 | $1,545 |
| May 2025 | $1,552 |
| June 2025 | $1,628 |
| July 2025 | $1,629 |
| August 2025 | $1,652 |
| September 2025 | $1,747 |
| October 2025 | $2,144 |
| November 2025 | $2,145 |
| December 2025 | $1,673 |
| January 2026 | $1,997 |
| February 2026 | $1,880 |
| March 2026 | $1,712 |
| April 2026 | $1,912 |
| May 2026 | $1,961 |
Affordability calculator
Can I afford to live at 201 Melbourne Ave Se #E?
Bedrooms
2 bedroomsRent-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
$91,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $91,800 annually to afford this 2-bedrooms monthly rent price of $2,295.
For more information on rent affordability, visit our rent calculator.
Schools near 201 Melbourne Ave Se #E
Pratt Elementary School
66 malcolm ave se
minneapolis, MN, 55414
PK, K-5Public
C+
Folwell Elementary
3611 20th ave s
minneapolis, MN, 55407
PK, K-5Public
C
Justice Alan Page Elementary School
999 nofound st
nofoundcity, MN, 88888
PK, K-5Public
MPS Metro SJ
932 east 34th st
minneapolis, MN, 55407
K-12Public
Early Childhood Special Education
3320 elliot ave s
minneapolis, MN, 55407
PK, KPublic
B+
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Internet available near 201 Melbourne Ave Se #E
Getting around Minneapolis near 201 Melbourne Ave Se #E
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
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
6/10
Frequent public transit options are within walking distance.
Points of interest for 201 Melbourne Ave Se #E, Minneapolis
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
3/10
Some bars within walking distance
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