5+ Days Ago
Highlights
- Laid-back living
- Cozy space
Location
516 5th Ave Se, Minneapolis, MN 55414, USA|Marcy - Holmes
Tour 516 5th Ave Se
Contact
PURE Property Management of Minnesota - Twin Cities Office
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Property Overview
With a cozy space and laid-back living atmosphere, this residence offers a relaxed environment ideal for those seeking comfort. Its prime location enhances access to local amenities, providing convenience for daily activities. Notable features contribute to its charm, making it an appealing choice for various lifestyles.
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
Elementary school nearby- Images Available
- Outdoor space
Great for
Pet owners
Eco living
Social life
Amenities for 516 5th Ave Se, Marcy - Holmes
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Cats OK |
Grounds
| Outdoor Space |
Services
| Package 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
Dog policy
| Not Allowed |
|---|
Cat policy
| Allowed |
|---|
Contact for more information on pet policy.
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 516 5th Ave Se
Get ready to fall in love with your next place! This awesome spot puts you right in the heart of Marcy-Holmes. Imagine being just a quick stroll from the best of Dinkytown, the U of M campus, and all the cool shops and eateries along the river! Call or schedule a tour online! Step inside to a cozy, inviting space that's perfect for relaxing after a long day or for hosting friends before a Gophers game. The neighborhood is super walkable, so you can leave your car behind and easily explore everything from the Stone Arch Bridge to all the fun nightlife nearby! It's the perfect combo of laid-back living and non-stop excitement. This isn't just a place to live—it's your new home base for all things Minneapolis. Pet Policy: Dogs and Cats Welcome!! NOTE: Local or state law may limit or dictate maximum allowable upfront and/or recurring fees. An upfront Pet Administration Fee is charged for each pet NOT identified as an assistance animal. $400 for the 1st pet; $250 for each additional pet. Monthly fees for pets are between $30-80 per month, per pet, based on its FIDO score. Resident Benefits Package: Enjoy the benefits of the Resident Benefits Package (RBP), tailored to your needs. Choose from our tiered pricing options, starting at just $25.99*/month. Your RBP may include: Liability insurance HVAC air filter delivery (for applicable properties) On-demand pest control And more! Contact us today to learn more about the RBP tiers and find the perfect fit for you. Parking: On Street Appliances: Refrigerator, Range, Dishwasher, Washer & Dryer Utilities: Tenant pays: Gas, Electric, Water, Sewer Landlord Pays: Trash, Lawn & Snow Services One-Time Non-Optional Non Refundable fees: Pet Fee, if applicable. $100 move in fee.
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 516 5th Ave Se compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.2 mile away
- Images Available
- There are at least 10 photos of this address
- Outdoor space
- Easy access to the outdoors
- Package service
- More secure storage for delivery
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
Address details
| Neighborhood | Marcy - Holmes |
|---|---|
| Zip code | 55414 |
| Type | Condo for rent |
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Rent trends in Marcy - Holmes
3-bedroom apartments at 516 5th Ave Se cost about 8% more than the average rent price for 3-bedroom apartments in Minneapolis.
Median rents as of Sep 20 2025.
Marcy - Holmes
Minneapolis
| Month | Median Rent |
|---|---|
| October 2023 | $1,947 |
| November 2023 | $1,972 |
| December 2023 | $1,987 |
| January 2024 | $1,985 |
| February 2024 | $1,995 |
| March 2024 | $1,999 |
| April 2024 | $1,943 |
| May 2024 | $1,939 |
| June 2024 | $1,936 |
| July 2024 | $1,936 |
| August 2024 | $1,926 |
| September 2024 | $1,906 |
| October 2024 | $1,930 |
| November 2024 | $1,974 |
| December 2024 | $1,995 |
| January 2025 | $2,001 |
| February 2025 | $1,989 |
| March 2025 | $1,997 |
| April 2025 | $1,945 |
| May 2025 | $1,952 |
| June 2025 | $1,934 |
| July 2025 | $1,983 |
| August 2025 | $1,906 |
| September 2025 | $1,890 |
| Month | Median Rent |
|---|---|
| October 2023 | $1,934 |
| November 2023 | $2,008 |
| December 2023 | $1,995 |
| January 2024 | $2,025 |
| February 2024 | $1,999 |
| March 2024 | $2,018 |
| April 2024 | $1,937 |
| May 2024 | $1,971 |
| June 2024 | $2,003 |
| July 2024 | $2,100 |
| August 2024 | $1,922 |
| September 2024 | $1,837 |
| October 2024 | $2,034 |
| November 2024 | $2,016 |
| December 2024 | $2,100 |
| January 2025 | $2,077 |
| February 2025 | $1,996 |
| March 2025 | $1,959 |
| April 2025 | $1,840 |
| May 2025 | $1,839 |
| June 2025 | $1,790 |
| July 2025 | $1,816 |
| August 2025 | $1,841 |
| September 2025 | $1,787 |
Affordability calculator
Can I afford to live at 516 5th Ave Se?
Bedrooms
3 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
$80,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $80,000 annually to afford this 3-bedrooms monthly rent price of $2,000.
For more information on rent affordability, visit our rent calculator.
Schools near 516 5th Ave Se
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 516 5th Ave Se
Neighborhood
Marcy - Holmes | Minneapolis, MN
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Minneapolis near 516 5th Ave Se
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
6/10
This area is close to freeways and has adequate parking options.
Cycling
9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
8/10
Popular public transit options are just a short walk from this location.
Points of interest for 516 5th Ave Se, Minneapolis
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
6/10
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
7/10
Several bars within a few minutes’ walk
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