5+ Days Ago
Location
2504 Portland Ave #3, Minneapolis, MN 55404, USA|Phillips
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Property Overview
The property at 2504 Portland Ave #3 offers a strong social life with 205 restaurants and 341 mixed-use spaces within a mile, facilitating easy access to amenities. Notable features include a no smoking policy, and it ranks in the top percentile for value compared to similar properties. While public transport and grocery stores are located about 4 miles away, the proximity to a highly-rated high school, just 0.2 miles away, is also a highlight.
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
Less expensive- High school nearby
- Images Available
Great for
Social life
Amenities for 2504 Portland Ave #3, Phillips
Appliances
| In-Unit Laundry |
Services
| On-Site Management |
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
Contact for more information on pet policy.
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 2504 Portland Ave #3
Sweet deal!
This listing is 19% below the median price for 3 bedroom apartments in Phillips.
This 3 Bedroom in South Minneapolis is in a great location near I35 and walking distance to parks and restaurants! This property is a part of an affordable housing program. Affordable units are rented to households making less than 60% of Ami. Tenant is responsible for gas and electric. Must have stable income and rental history. All adults to complete rental application and screening. Section 8 possible. No smoking. By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.
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 2504 Portland Ave, Minneapolis, MN 55404, USA compares to other nearby properties.
Positives
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 0.2 mile away
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
Address details
| Neighborhood | Phillips |
|---|---|
| Zip code | 55404 |
| Type | Apartment for rent |
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Rent trends in Phillips
3-bedroom apartments at 2504 Portland Ave #3 cost about 19% less than the average rent price for 3-bedroom apartments in Minneapolis.
Median rents as of Aug 30 2025.
Phillips
Minneapolis
| Month | Median Rent |
|---|---|
| September 2023 | $1,915 |
| October 2023 | $1,947 |
| November 2023 | $1,972 |
| December 2023 | $1,987 |
| January 2024 | $1,985 |
| February 2024 | $1,995 |
| March 2024 | $1,999 |
| April 2024 | $1,943 |
| May 2024 | $1,939 |
| June 2024 | $1,936 |
| July 2024 | $1,936 |
| August 2024 | $1,926 |
| September 2024 | $1,906 |
| October 2024 | $1,930 |
| November 2024 | $1,974 |
| December 2024 | $1,995 |
| January 2025 | $2,001 |
| February 2025 | $1,989 |
| March 2025 | $1,997 |
| April 2025 | $1,945 |
| May 2025 | $1,952 |
| June 2025 | $1,934 |
| July 2025 | $1,983 |
| August 2025 | $1,908 |
| Month | Median Rent |
|---|---|
| September 2023 | $1,715 |
| October 2023 | $1,637 |
| November 2023 | $1,767 |
| December 2023 | $1,790 |
| January 2024 | $1,720 |
| February 2024 | $1,771 |
| March 2024 | $1,684 |
| April 2024 | $1,757 |
| May 2024 | $1,814 |
| June 2024 | $1,888 |
| July 2024 | $1,837 |
| August 2024 | $1,881 |
| September 2024 | $1,906 |
| October 2024 | $1,872 |
| November 2024 | $1,808 |
| December 2024 | $1,798 |
| January 2025 | $1,875 |
| February 2025 | $1,936 |
| March 2025 | $1,919 |
| April 2025 | $1,891 |
| May 2025 | $1,848 |
| June 2025 | $1,800 |
| July 2025 | $1,894 |
| August 2025 | $1,802 |
Affordability calculator
Can I afford to live at 2504 Portland Ave #3?
Bedrooms
3 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
$58,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $58,000 annually to afford this 3-bedrooms monthly rent price of $1,450.
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.| Bath | |||||
|---|---|---|---|---|---|
| 9 months ago | $1,350 | 3 bed | 1 bath | ||
| 1 year ago | $1,325 | 3 bed | 1 bath | ||
| 1 year ago | $1,300 | 3 bed | 1 bath | ||
| 2 years ago | $1,275 | 3 bed | 1 bath | ||
| 4 years ago | $1,400 | 3 bed | 1 bath |
Schools near 2504 Portland Ave #3
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
Ella Baker Global Studies and Humanities School
1200 w 26th st
minneapolis, MN, 55405
PK, K-8Public
C
River Bend Educational Center
1510 glenwood ave s
minneapolis, MN, 55405
K-12Public
MPS Metro HA
932 e. 34th st.
minneapolis, MN, 55407
K-12Public
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Internet available near 2504 Portland Ave #3
Getting around Minneapolis near 2504 Portland Ave #3
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
6/10
This area is accessible to thoroughfares and has ample parking options.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 2504 Portland Ave #3, Minneapolis
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
7/10
Variety of shops within walking distance
Cafes
6/10
Variety of cafés within walking distance
Restaurants
8/10
Variety of restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
6/10
Variety of bars within walking distance
Other units at this address
2504 Portland Ave, Minneapolis, MN
2504 Portland Ave Minneapolis, MN
Occupied
4
3 Beds
1 Bath
$1,275
Hardwood Floor • Dishwasher • On-Site Laundry • Carpet • Central Heat • In-Unit Laundry
Occupied
2
3 Beds
1 Bath
$1,350
Assigned Parking • Hardwood Floor • On-Site Laundry • Carpet • Central Heat • In-Unit Laundry
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Check availability
This property is intended for those with income restrictions.
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