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Updated 20 Hours Ago

Location

401 N 2nd St #502, Minneapolis, MN 55401, USA|Warehouse District

Tour 401 N 2nd St #502

Contact

Timothy Edward Carson

Downtown Resource Group, LLC

(844) 329-3784 ext. 2386

Property Overview

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
  • Fitness center
  • Images available

Great for

  • Eco living
  • Social life
  • Wellness

Amenities for 401 N 2nd St #502, Warehouse District

Features

BalconyCentral Air
Hardwood FloorUtilities Included

Community

Fitness CenterLaundry Room
Onsite Laundry

Grounds

Garage ParkingStorage

Services

On-Site ManagementPackage Service
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 401 N 2nd St #502

HomeApartments in MinneapolisWarehouse District 401 N 2nd St #502, Minneapolis, MN 55401, USA

Property Status: Active Welcome home to your 5th Ave Lofts spacious & sunny condo with downtown skyline views, 2 indoor/heated parking stalls and most utilities included with rent! With almost 2,000 sq ft of space, you can live and entertain in an unbeatable North Loop location. You'll love the hardwood flooring throughout most of the unit, custom closet organizers, windows facing SE, and inset balcony with unobstructed downtown views. The kitchen features Monogram appliances, gas cooktop, granite countertops, tons of cabinetry, and a massive island. Both bedrooms suites can easily fit a king size bed, have walkthrough closets, and bathrooms with dual vanities. 5th Ave Lofts provides a rooftop patio, fitness center, community room, package management, and secure access. Included in rent: 2 Indoor heated parking stalls, 1 storage unit, water/sewer/trash, gas, basic cable and internet. Tenant responsible for electricity. App Fee: $78; Admin Fee: $150; Move-in fee: $400; Security Deposit is one month's rent. 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.


Go to property website

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 401 N 2nd St, Minneapolis, MN 55401, USA compares to other nearby properties.

Positives

More space
The 2-bedroom is 713 sqft larger than other listings nearby
Fitness center
A gym just a few steps away
Images available
There are at least 10 photos of this address
Laundry available on site
Washers and dryers are available in-building
Outdoor space
One or more rentals here have easy access to the outdoors
Package service
More secure storage for delivery

Considerations

Greater distance from high schools
The nearest high school is farther than 0.7 miles away
Greater distance from middle schools
The nearest middle school is farther than 0.6 miles away

Address details

NeighborhoodWarehouse District
Zip code55401
TypeCondo for rent

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Rent trends in Warehouse District

2-bedroom apartments at 401 N 2nd St #502 cost about 45% more than the average rent price for 2-bedroom apartments in Minneapolis.

Median rents as of Oct 3 2026.
Warehouse District
Minneapolis
A table of 2-bedroom apartment rental data trends in Minneapolis
MonthMedian Rent
October 2024$1,803
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$1,748
June 2026$1,750
July 2026$1,746
August 2026$1,758
September 2026$1,791
October 2026$1,834
A table of 2-bedroom apartment rental data trends in Warehouse District
MonthMedian Rent
October 2024$2,318
November 2024$2,476
December 2024$2,565
January 2025$2,569
February 2025$2,668
March 2025$2,651
April 2025$2,754
May 2025$2,704
June 2025$2,870
July 2025$2,980
August 2025$2,611
September 2025$2,667
October 2025$2,732
November 2025$2,748
December 2025$2,746
January 2026$2,699
February 2026$2,705
March 2026$2,632
April 2026$2,662
May 2026$3,030
June 2026$3,045
July 2026$2,766
August 2026$2,618
September 2026$2,755
October 2026$2,750

Affordability calculator

Can I afford to live at 401 N 2nd St #502?

Bedrooms

2 bedrooms

Rent-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

$159,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $159,800 annually to afford this 2-bedrooms monthly rent price of $3,995.
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.
Check out the past listing prices for monthly rent at 401 N 2nd St, Minneapolis, MN.
6 months ago$3,1502 bed1 bath
8 months ago$2,8502 bed1 bath
9 months ago$2,9952 bed2 bath
9 months ago$2,5752 bed1 bath
11 months ago$3,2952 bed2 bath
1 year ago$3,3602 bed2 bath
1 year ago$2,9952 bed1 bath
1 year ago$7,5002 bed2 bath
1 year ago$3,6502 bed1 bath

Schools near 401 N 2nd St #502

Justice Alan Page Elementary School

999 nofound st

nofoundcity, MN, 88888

PK, K-5Public

Webster Elementary School

425 5th st ne

minneapolis, MN, 55413

PK, K-5Public
C+

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

MPS Online K-5

1250 west broadway ave

minneapolis, MN, 55411

K-5Public
C+
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Internet available near 401 N 2nd St #502

Getting around Minneapolis near 401 N 2nd St #502

Walking

9/10
No car? No problem. Everything you need is within a few blocks.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 401 N 2nd St #502, Minneapolis

Groceries

9/10
At least one supermarket within a 5-minute walk

Shopping

8/10
Several shops within a few minutes’ walk

Cafes

7/10
Several cafés within a few minutes’ walk

Restaurants

9/10
Wide variety of restaurants within a few minutes’ walk

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

8/10
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

10/10
Exceptional variety of bars right within a few minutes’ walk

Explore the area around 401 N 2nd St #502

Whole Foods Market
222 Hennepin Ave S
Big Cheese Co
81 S 9th St
Target Corporation
1000 Nicollet Mall
Lunds & Byerlys
1201 Hennepin Ave
Lunds & Byerlys
25 University Ave SE

Other units at this address

401 N 2nd St Minneapolis, MN

Occupied

622

1 Bed

1.5 Baths

$2,500

Listed by Jordan Knutson
Days on market: 2203
ANOTHER LISTING FROM JORDAN @ RENTERS WAREHOUSE!! This beautiful 1BR/1.5BA is available for a 11/1 move in! Highly desirable location in the downtown Minneapolis Northloop! Waking distance to food, grocery and entertainment. Property features modern finishes, stainless steal appliances, granite countertops and central heating and AC. Basic utilities and In-unit laundry INCLUDED - MUST SEE! (RENT: $2,500) (SECURITY DEPOSIT: $2,500) (One Time Lease Admin Fee: $150) (PETS: Case by case basis requiring owner approval) To schedule a showing please request and follow instructions via ShowMojo!

Occupied

1 Bed, 1.5 Baths

1 Bed

1.5 Baths

$2,500

Listed by Jordan Knutson
Days on market: 2181
ANOTHER LISTING FROM JORDAN @ RENTERS WAREHOUSE!! This beautiful 1BR/1.5BA is available for a 11/1 move in! Highly desirable location in the downtown Minneapolis Northloop! Waking distance to food, grocery and entertainment. Property features modern finishes, stainless steal appliances, granite countertops and central heating and AC. Unit INCLUDES 2 underground parking spots, In-unit laundry and UTILITIES - MUST SEE! (RENT: $2,500) (SECURITY DEPOSIT: $2,500) (One Time Lease Admin Fee: $150) (PETS: Case by case basis requiring owner approval) To schedule a showing please request and follow instructions via ShowMojo!

Occupied

622

1 Bed

2 Baths

$2,500

Listed by Jeffry Anderson
Days on market: 2781
Renters Warehouse and Jeff Anderson Present this amazing 1 bedroom 2 bathroom condo. On the 6th floor of the 5th Avenue lofts is this spacious 1550 square foot open concept condo. The kitchen has stainless steel appliances and nice granite countertops. Huge dining room and living room with great views of the north loop. The bedroom has a walk in closet and its own full bathroom. Located a few blocks from Target Field, the Mississippi River and from many restaurants in the North Loop. This place comes with 2 underground parking spots and also allows 2 pets. Application fee is $55 per adult.

Occupied

622

1 Bed

3 Baths

$2,500

Listed by Jeffry Anderson
Days on market: 2780
Renters Warehouse and Jeff Anderson Present this amazing 1 bedroom 2 bathroom condo. On the 6th floor of the 5th Avenue lofts is this spacious 1550 square foot open concept condo. The kitchen has stainless steel appliances and nice granite countertops. Huge dining room and living room with great views of the north loop. The bedroom has a walk in closet and its own full bathroom. Located a few blocks from Target Field, the Mississippi River and from many restaurants in the North Loop. This place comes with 2 underground parking spots and also allows 2 pets. Application fee is $55 per adult.

Occupied

415

2 Beds

2 Baths

$890

Listed by Leasing Office
Days on market: 2174
Wonderful HOT HOME WITH COMFORT,READY TO MOVE IN..contact me direct via (rent2lease2008 AT Gmail DOT com)for fast and easy communication also please don't contact me from any of the renter advert site, except direct to my above private contact for a quake notification respond. Also note the property address as subject Eg:I am interested in 401 N 2nd St #415 Minneapolis, MN 55401...hope to read from you soon as as possible.

Occupied

612

2 Beds

2 Baths

$1,090

Listed by Leasing Office
Days on market: 1976
SWEET HOT HOME WITH A FULL COMFORT,READY TO MOVE IN..Please wright me direct via rentconfort2leases(At)Gmail(dot)com for fast and easy communication also please don't contact me from any of the renter advert site, except direct to my above contact for a quake notification respond. Also use the property address as subject Eg:I am interested in.401 N 2nd St #612 Minneapolis, MN 55401...hope to read from you soon

Occupied

2 Beds, 2 Baths

2 Beds

2 Baths

$2,495

Listed by Leasing Office
Days on market: 2912
Prime Location in heart of North Loop! 2 bed 2 bath - Prime location in the heart of the North Loop with this expansive 2 bedroom unit at 5th Ave Lofts! Open floor plan offers abundant space for a great value with all utilities except electric paid. This includes cable and internet! Minneapolis top food and entertainment options are just steps from your front door!

Occupied

507

2 Beds

2 Baths

$2,500

Listed by Melissa Roterdam
Days on market: 4075
Live in the heart of the exciting North Loop neighborhood. This condo is located in the newly remodeled 5th Avenue Lofts, just blocks away from Target Field, Mississippi River and many restaurants, and easy access to Highways 394 & 94.

Occupied

2 Beds, 1 Bath

2 Beds

1 Bath

$2,600

Listed by Melissa Roterdam
Days on market: 2241
Enjoy living on one of the best blocks in the North Loop! This downtown neighborhood is incredibly active in caring for its streets, parks, and businesses. And it shows! This fifth floor condo offers a spacious main bedroom and bathroom with walk-through closet. The large southwest facing windows allow maximum natural light into the space and the top-down bottom-up blinds are a great addition. Why not have a cup or glass of something yummy out on the balcony and take in the west views above the buildings? Second bedroom size offers the option for a home office. Granite counter-tops, stainless steel appliances, and in unit washer and dryer. Residents not only get access to a newly remodeled community room, fitness center, dog run, roof top patio and spacious basement storage in the building, but access to the community room and fitness center at The Security Lofts behind this building as well. Urban living at 5th Avenue Lofts in the heart of downtown Minneapolis!

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