Updated 5+ Days Ago
Location
2850 Cedar Ave S #202, Minneapolis, MN 55407, USA|Phillips
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Property Overview
2850 Cedar Ave S #202 offers strong value per square foot, a nearby highly rated middle school, and plenty of photos for a quick look at the space. It also stands out for an active neighborhood with many nearby restaurants, transit options, and walkable access to surrounding areas.
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- Middle school nearby
- Dishwasher
Great for
Social life
Amenities for 2850 Cedar Ave S #202, Phillips
Features
| Balcony | Central Air |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Exterior Type: Brick | Onsite Laundry |
Grounds
| Garage Parking |
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 2850 Cedar Ave S #202
Property Status: Active Welcome to Unit 202 at Greenway Terrace Condominiums, located in the heart of Minneapolis vibrant East Phillips neighborhood! This spacious 1-bedroom, 1-bathroom condo offers just under 1,000 finished square feet with a functional layout and stylish updates throughout. The beautifully updated kitchen features modern finishes and flows seamlessly into the open living and dining areas, creating the perfect space for relaxing or entertaining. Just off the entry, you'll find a versatile den/office area that's ideal for working from home, studying, or creating a cozy reading nook. Enjoy the convenience of in-unit laundry, a private balcony for outdoor relaxation, and one dedicated underground heated parking stall. Residents also have access to a community party room, perfect for hosting friends and family. Located just steps from public transportation, this home offers easy access to downtown Minneapolis, parks, restaurants, coffee shops, shopping, and everything the city has to offer. With its spacious layout, updated finishes, and unbeatable central location, this is a fantastic rental opportunity you won't want to miss. Schedule your private showing today and make Unit 202 your next home! 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 2850 Cedar Ave S, Minneapolis, MN 55407, USA compares to other nearby properties.
Positives
- More space
- The 1-bedroom is 271 sqft larger than other listings nearby
- Middle school nearby
- There is a middle school 0.5 mile away
- Dishwasher
- Dishwasher available in kitchen
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.5 mile away
Address details
| Neighborhood | Phillips |
|---|---|
| Zip code | 55407 |
| Type | Condo for rent |
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Rent trends in Phillips
1-bedroom apartments at 2850 Cedar Ave S #202 cost about 27% more than the average rent price for 1-bedroom apartments in Minneapolis.
Median rents as of Sep 12 2026.
Phillips
Minneapolis
| Month | Median Rent |
|---|---|
| September 2024 | $1,340 |
| 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 | $1,359 |
| May 2026 | $1,300 |
| June 2026 | $1,282 |
| July 2026 | $1,265 |
| August 2026 | $1,285 |
| September 2026 | $1,299 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,285 |
| October 2024 | $1,009 |
| November 2024 | $1,055 |
| December 2024 | $1,060 |
| January 2025 | $1,303 |
| February 2025 | $1,242 |
| March 2025 | $1,289 |
| April 2025 | $1,123 |
| May 2025 | $1,153 |
| June 2025 | $1,268 |
| July 2025 | $1,296 |
| August 2025 | $1,338 |
| September 2025 | $1,394 |
| October 2025 | $1,394 |
| November 2025 | $1,394 |
| December 2025 | $1,394 |
| January 2026 | $1,394 |
| February 2026 | $1,394 |
| March 2026 | $1,394 |
| April 2026 | $1,193 |
| May 2026 | $1,033 |
| June 2026 | $1,162 |
| July 2026 | $1,237 |
| August 2026 | $1,241 |
| September 2026 | $1,256 |
Affordability calculator
Can I afford to live at 2850 Cedar Ave S #202?
Bedrooms
1 bedroomRent-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
$64,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $64,000 annually to afford this 1-bedroom monthly rent price of $1,600.
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 | |||||
|---|---|---|---|---|---|
| 5 years ago | $890 | 1 bed | 1 bath | ||
| 5 years ago | $890 | 1 bed | 1 bath | ||
| 6 years ago | $640 | 1 bed | 1 bath |
Schools near 2850 Cedar Ave S #202
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
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 HA
932 e. 34th st.
minneapolis, MN, 55407
K-12Public
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Internet available near 2850 Cedar Ave S #202
Getting around Minneapolis near 2850 Cedar Ave S #202
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 2850 Cedar Ave S #202, Minneapolis
Groceries
9/10
The nearest general grocery store is within a 5-minute walk, and there is also a moderate number of specialist food stores nearby.
Shopping
7/10
Several fashion stores are within a short walk.
Cafes
5/10
The closest café is within a 10-minute walk, and there are several other cafés within walking distance.
Restaurants
7/10
A variety of restaurants are within a short walk.
Primary schools
7/10
The closest elementary school is within a 10-to-15-minute walk.
High schools
8/10
At least one high school within a 5-to-10-minute walk.
Parks
6/10
A medium-size park in the area.
Nightlife
5/10
Some bars are within walking distance.
Other units at this address
2850 Cedar Ave S, Minneapolis, MN
2850 Cedar Ave S Minneapolis, MN
Occupied
205
1 Bed
1 Bath
$640
Furnished • In-Unit Laundry • Assigned Parking
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