5+ Days Ago
Highlights
- Granite countertops
- Downtown skyline views
Location
545 North 1st Street #403, Minneapolis, Minnesota 55401, United States|Warehouse District
Tour 545 North 1st Street #403
Contact
Downtown Resource Group, LLC
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Property Overview
Featuring granite countertops and spectacular downtown skyline views, the property stands out for its modern aesthetic and urban allure. It offers an excellent location for those seeking vibrant city living with easy access to local amenities. Ideal for individuals who appreciate contemporary design and a dynamic lifestyle, the space encourages a connection to the heartbeat of the city.
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
Less expensive
Great for
Wellness
Work-from-home
Social life
Amenities for 545 North 1st Street #403, Warehouse District
Apartment Amenities
| Balcony | Central Air |
Grounds
| Garage Parking |
Other
| Architecture Style: High Rise | Six Rooms |
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 545 North 1st Street #403
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Apartments in MinneapolisWarehouse District 545 North 1st Street #403, Minneapolis, Minnesota 55401, United States
Apartments in MinneapolisWarehouse District 545 North 1st Street #403, Minneapolis, Minnesota 55401, United States
Sweet deal!
This listing is 11% below the median price for 2 bedroom apartments in Warehouse District.
Property Status: Active Beautifully updated and spacious top floor 2BR now available at River Station. You’ll love the details: bamboo floors, granite countertops, stunning primary bathroom, phantom screen leading out to the balcony with downtown skyline views, and much more! Versatile 2nd bedroom / den has double doors to open up the space. Live nestled among the signature Cherry Blossoms of the complex, and steps away from the riverfront, shops, restaurants, and landmarks of the neighborhood. Included in rent: 1 indoor heated parking stall (2nd avail for additional $175/mo.), water/sewer/trash, basic cable & internet. Tenant responsible for electricity and gas. App fee: $78 per adult; Admin Fee: $150; HOA Moving Fee: $250 Security Deposit is one month's rent. Office Phone: (612) 777-8005 Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 545 North 1st Street, Minneapolis, MN 55401, USA compares to other nearby properties.
Positives
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
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 545 North 1st Street #403 cost about 11% less than the average rent price for 2-bedroom apartments in Minneapolis.
Median rents as of Dec 13 2025.
Warehouse District
Minneapolis
| Month | Median Rent |
|---|---|
| December 2023 | $1,995 |
| January 2024 | $1,995 |
| 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 | $1,691 |
| Month | Median Rent |
|---|---|
| December 2023 | $2,495 |
| January 2024 | $2,496 |
| 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 | $2,747 |
Affordability calculator
Can I afford to live at 545 North 1st Street #403?
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
$99,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $99,800 annually to afford this 2-bedrooms monthly rent price of $2,495.
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 | |||||
|---|---|---|---|---|---|
| 7 months ago | $3,000 | 1 bed | 2 bath | ||
| 2 years ago | $2,800 | 2 bed | 1.5 bath | ||
| 6 years ago | $1,150 | 2 bed | 2 bath | ||
| 8 years ago | $1,895 | 1 bed | 1.5 bath | ||
| 8 years ago | $1,800 | 2 bed | 2 bath | ||
| 9 years ago | $1,795 | 1 bed | 1.5 bath | ||
| 10 years ago | $1,550 | 2 bed | 2 bath |
Schools near 545 North 1st Street #403
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 545 North 1st Street #403
Getting around Minneapolis near 545 North 1st Street #403
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 545 North 1st Street #403, 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
545 North 1st Street, Minneapolis, MN
545 North 1st Street Minneapolis, MN
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1 Bed
2 Baths
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Air Conditioning • Dishwasher • In-Unit Laundry • Hardwood Floor • Assigned Parking • Balcony
Occupied
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2 Beds
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Walk-In Closets • Fireplace • Balcony • Assigned Parking • Deck
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Balcony • Deck • Carpet
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2 Beds
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$1,800
Central Heat • Air Conditioning • Carpet • Dishwasher • Balcony • In-Unit Laundry
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