5+ Days Ago
Highlights
- In-unit laundry
- Quiet residential neighborhood
- Stainless appliances
- Luxury bathroom
Location
501 1st St W #503, Northfield, MN 55057, USA
Tour 501 1st St W #503
Contact
Northfield Equities, LLC
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Property Overview
Featuring in-unit laundry, stainless appliances, and a luxury bathroom, this property offers modern comfort in a quiet residential neighborhood. It is conveniently located near top-rated schools and adorned with ample natural lighting from large windows, making it an ideal choice for those who work from home. With utilities included and being in the 100th percentile for value per square foot, it presents an exceptional opportunity in Northfield.
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
High school nearby- Middle school nearby
- More space
Great for
Work-from-home
Amenities for 501 1st St W #503
Apartment Amenities
| Balcony | Central Heat |
| Hardwood Floor | Renovated |
| Tile | Unfurnished |
| Window Coverings |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Oven/Range |
| Refrigerator | Stainless Steel Appliance |
| Stove |
Tech
| Internet |
Building
| Onsite Laundry |
Grounds
| Outdoor Space | Yard |
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
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 501 1st St W #503
Coming soon is a newly remodeled spacious 2 bedroom unit with new floors, doors, cabinets, countertops, windows, bathroom and more! With amenities such as a 5x20 deck, stainless appliances, a luxury bathroom, and in-unit laundry, you'll be feeling at home in no time! Located only two blocks from downtown Northfield; this clean and inviting unit is within walking distance to restaurants, grocery store, farmers markets, live music and shops. This apartment is within a 4-unit building located in a quiet and mature residential neighborhood.
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 501 1st St W, Northfield, MN 55057, USA compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1 mile away
- Middle school nearby
- There is a middle school 0.2 mile away
- More space
- The 2-bedroom is 875 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
Address details
| Zip code | 55057 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Northfield
2-bedroom apartments at 501 1st St W #503 cost about 3% less than the average rent price for 2-bedroom apartments in Northfield.
Median rents as of Mar 21 2026.
Northfield
| Month | Median Rent |
|---|---|
| April 2024 | $1,425 |
| May 2024 | $1,441 |
| June 2024 | $1,430 |
| July 2024 | $1,585 |
| August 2024 | $1,537 |
| September 2024 | $1,517 |
| October 2024 | $1,584 |
| November 2024 | $1,484 |
| December 2024 | $1,621 |
| January 2025 | $1,625 |
| February 2025 | $1,351 |
| March 2025 | $1,381 |
| April 2025 | $1,418 |
| May 2025 | $1,675 |
| June 2025 | $1,700 |
| July 2025 | $1,700 |
| August 2025 | $1,703 |
| September 2025 | $1,706 |
| October 2025 | $1,712 |
| November 2025 | $1,686 |
| December 2025 | $1,582 |
| January 2026 | $1,376 |
| February 2026 | $1,448 |
| March 2026 | $1,477 |
Affordability calculator
Can I afford to live at 501 1st St W #503?
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
$58,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $58,000 annually to afford this 2-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 | |||||
|---|---|---|---|---|---|
| Last month | $1,400 | 2 bed | 1 bath |
Schools near 501 1st St W #503
Northfield Portage Elementary
201 orchard st s
northfield, MN, 55057
K-5Public
Greenvale Park Elementary School
500 lincoln pkwy
northfield, MN, 55057
K-5Public
A-
Northfield Community Education Center
700 lincoln parkway
northfield, MN, 55057
PKPublic
Minnesota State Academy for the Deaf
615 olof hanson dr
faribault, MN, 55021
PK, K-12Public
McKinley Pre-K
930 4th ave nw
faribault, MN, 55021
PKPublic
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Internet available near 501 1st St W #503
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Northfield near 501 1st St W #503
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Points of interest for 501 1st St W #503, Northfield
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Nightlife
3/10
Some bars within walking distance
Other units at this address
501 1st St W, Northfield, MN
501 1st St W Northfield, MN
Occupied
501
2 Beds
1 Bath
$1,400
Microwave • On-Site Laundry • Dishwasher • In-Unit Laundry • Balcony
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