5+ Days Ago
Highlights
Pet Friendly
- Hardwood floors
- Quartz countertops
- Stainless steel appliances
- Gas-burning fireplace
Location
5040 Cedar Ave S, Minneapolis, MN 55417, USA|Hale
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Property Overview
Featuring hardwood floors and elegant quartz countertops, this residence includes modern stainless steel appliances and a cozy gas-burning fireplace. Located within a reasonable distance to top-rated schools and public transport, it also offers nearby outdoor spaces and pet-friendly amenities, including grooming services and supply stores. With ample photos available, prospective renters can easily visualize their new home.
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
- Fireplace
Great for
Pet owners
Amenities for 5040 Cedar Ave S, Hale
Apartment Amenities
| Carpet | Dryer |
| Fireplace | Forced Air |
| Freezer | Furnished |
| Hardwood Floor | Tile |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Microwave |
| Range/Oven | Refrigerator |
Building
| Cats OK | Dogs OK |
| Onsite Laundry | Security Cameras |
Grounds
| Fenced Yard | Garage Parking |
| Lawn | Outdoor Space |
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
Dog Policy
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 5040 Cedar Ave S
Property Id: 1283594 Enjoy comfort, convenience, turn key and the charm of lake living in this beautifully maintained, fully furnished 4-bedroom, 2 bath home just steps from Lake Nokomis. The home features stainless steel appliances, quartz countertops, hardwood floors, and a cozy gas-burning fireplace in the main living room. Large windows provide stunning, sun-filled views overlooking Lake Nokomis. Rent: $3900/month Utilities: Tenant Responsibility Pets: Pets are welcome! Pet Deposit: $500 per pet (non-refundable) Pet Rent: $50/month per pet Dog Policy: Must be under 50 lbs; no aggressive breeds or puppies. Applicants over 18 must undergo a background check, with a minimum credit score of 620. Renters insurance is required. For more information or to schedule a viewing, please call or text at 651-894-2400.
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 5040 Cedar Ave S 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 1 mile away
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Address details
| Neighborhood | Hale |
|---|---|
| Zip code | 55417 |
| Type | House for rent |
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Rent trends in Hale
4-bedroom apartments at 5040 Cedar Ave S cost about 63% more than the average rent price for 4-bedroom apartments in Minneapolis.
Median rents as of Oct 18 2025.
Minneapolis
| Month | Median Rent |
|---|---|
| November 2023 | $2,429 |
| December 2023 | $2,495 |
| January 2024 | $2,497 |
| February 2024 | $2,545 |
| March 2024 | $2,557 |
| April 2024 | $2,500 |
| May 2024 | $2,495 |
| June 2024 | $2,495 |
| July 2024 | $2,495 |
| August 2024 | $2,498 |
| September 2024 | $2,473 |
| October 2024 | $2,448 |
| November 2024 | $2,425 |
| December 2024 | $2,485 |
| January 2025 | $2,495 |
| February 2025 | $2,489 |
| March 2025 | $2,499 |
| April 2025 | $2,498 |
| May 2025 | $2,449 |
| June 2025 | $2,462 |
| July 2025 | $2,500 |
| August 2025 | $2,455 |
| September 2025 | $2,410 |
| October 2025 | $2,410 |
Affordability calculator
Can I afford to live at 5040 Cedar Ave S?
Bedrooms
4+ 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
$156,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $156,000 annually to afford this 4-bedrooms monthly rent price of $3,900.
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.| 9 months ago | $4,950 |
| 1 year ago | $3,450 |
| 2 years ago | $3,350 |
Schools near 5040 Cedar Ave S
Hale Elementary School
5330 13th ave south
minneapolis, MN, 55417
K-2Public
A-
Field Elementary School
4645 fourth ave s
minneapolis, MN, 55419
3-5Public
B+
MPS Metro SJ
932 east 34th st
minneapolis, MN, 55407
K-12Public
Early Childhood Special Education
3320 elliot ave s
minneapolis, MN, 55407
PK, KPublic
B+
River Bend Educational Center
1510 glenwood ave s
minneapolis, MN, 55405
K-12Public
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Internet available near 5040 Cedar Ave S
Getting around Minneapolis near 5040 Cedar Ave S
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.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 5040 Cedar Ave S, Minneapolis
Groceries
8/10
At least one grocery store within a 15-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
6/10
At least one elementary school within a 20-minute walk
High schools
4/10
No high schools within a 30-minute walk
Parks
10/10
Very large amount of park space within a few minutes' walk
Nightlife
2/10
Few or no bars within walking distance
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