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500 N 2nd St #405, Minneapolis, MN 55401, USA|Warehouse District
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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
Fireplace- Images available
- Walk-in closet
Great for
Eco living
Wellness
Work-from-home
Amenities for 500 N 2nd St #405, Warehouse District
Apartment Amenities
| Air Conditioning | Balcony |
| Dryer | Fireplace |
| Forced Air | Freezer |
| Furnished | Laminate |
| Water |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Microwave |
| Range/Oven | Refrigerator |
Building
| Cats OK | Controlled Building |
| Elevator | Fitness Center |
| Security Cameras | Sewage |
Grounds
| Garage Parking | Lawn |
| Outdoor Space |
Services
| Recycling |
Neighborhood
| Near Parks |
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
Dog Policy
Not allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 500 N 2nd St #405
Property Id: 2283661 Welcome to your North Loop treehouse retreat. Tucked above a quiet courtyard just one block from the Mississippi River Trail, this bright and spacious 2BR/2BA condo offers the perfect blend of energy and calm. Enjoy leafy courtyard views from your private balcony, cozy evenings by the gas fireplace, and an open-concept kitchen ideal for entertaining. The thoughtful split-bedroom layout offers privacy for roommates or guests, while oversized windows bring in beautiful natural light throughout the day. Step outside your door to Minneapolis’ best dining, coffee shops, fitness studios, and riverfront trails — all within walking distance. Building & Unit Highlights: • One heated underground parking spot with elevator access (plus grocery carts) • Secure FOB entry + building security cameras • Quiet hours 10pm-9am; unit faces away from surrounding streets to reduce nightlife noise Lease Details: • Flexible move-in timing around April 1 • Cats welcome with $500 deposit • Minimum one-year lease • Income approx. 3× monthly rent with strong rental history • Credit score 650+ preferred • Background check required ($75) • Available furnished for $3,200/month
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 500 N 2nd St, Minneapolis, MN 55401, USA compares to other nearby properties.
Positives
- Fireplace
- Upgraded in-unit features available
- Images available
- There are at least 10 photos of this address
- Walk-in closet
- Rentals here may include more closet space than average
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
Address details
| Neighborhood | Warehouse District |
|---|---|
| Zip code | 55401 |
| Type | Condo for rent |
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Rent trends in Warehouse District
2-bedroom apartments at 500 N 2nd St #405 cost about 11% more than the average rent price for 2-bedroom apartments in Minneapolis.
Median rents as of Jan 31 2026.
Warehouse District
Minneapolis
| Month | Median Rent |
|---|---|
| February 2024 | $1,895 |
| March 2024 | $1,887 |
| April 2024 | $1,842 |
| May 2024 | $1,895 |
| 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 |
| Month | Median Rent |
|---|---|
| February 2024 | $2,491 |
| March 2024 | $2,513 |
| April 2024 | $2,506 |
| May 2024 | $2,469 |
| June 2024 | $2,467 |
| July 2024 | $2,433 |
| August 2024 | $2,469 |
| September 2024 | $2,458 |
| October 2024 | $2,351 |
| 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 |
Affordability calculator
Can I afford to live at 500 N 2nd St #405?
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
$118,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $118,000 annually to afford this 2-bedrooms monthly rent price of $2,950.
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 | |||||
|---|---|---|---|---|---|
| 3 months ago | $2,995 | 2 bed | 2 bath | ||
| 1 year ago | $2,395 | 2 bed | 1.5 bath | ||
| 1 year ago | $2,495 | 2 bed | 1.5 bath | ||
| 1 year ago | $2,595 | 2 bed | 1.5 bath | ||
| 2 years ago | $2,695 | 2 bed | 1.5 bath | ||
| 2 years ago | $2,750 | 2 bed | 1.5 bath | ||
| 3 years ago | $1,995 | 1 bed | 1.5 bath | ||
| 3 years ago | $2,600 | 2 bed | 2.5 bath | ||
| 4 years ago | $2,295 | 2 bed | 1.5 bath |
Schools near 500 N 2nd St #405
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 500 N 2nd St #405
Getting around Minneapolis near 500 N 2nd St #405
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 500 N 2nd St #405, Minneapolis
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
8/10
Several shops within a few minutes’ walk
Cafes
7/10
Several cafés within a few minutes’ walk
Restaurants
8/10
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
Other units at this address
500 N 2nd St, Minneapolis, MN
500 N 2nd St Minneapolis, MN
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Balcony • Air Conditioning • Hardwood Floor • High Ceilings • Dishwasher
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