5+ Days Ago
Location
545 N 1st St #400, Minneapolis, MN 55401, USA|Warehouse District
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Property Overview
Located in Minneapolis’s North Loop, this address offers a convenient urban setting with access to dining, shopping, transit, and nearby riverfront amenities. It also stands out for a walkable location, modern condo-style living, and strong appeal for those seeking a low-maintenance city lifestyle.
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 N 1st St #400, Warehouse District
Features
| Central Air |
Grounds
| Garage Parking | Storage |
Other
| Architecture Style: High Rise | Four 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.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 545 N 1st St #400
Sweet deal!
This listing is 21% below the median price for 2 bedroom apartments in Warehouse District.
Property Status: Active Located in the heart of the North Loop, with convenient access to nearby shops, restaurants, coffee spots, and riverfront trails. A well laid out unit that’s easy to live in and enjoy, with a central location for getting around the city. Included in rent: 1 indoor heated parking stall(s), 1 storage unit, water/sewer/trash, basic cable, internet. Tenant responsible for electricity and gas. App fee: $78 per adult, Admin Fee: $150, Move-in/out Fee: $250. Deposit is one month's rent. Office Phone: (612) 777-8005 Copyright © 2026 Northstar MLS. 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 N 1st St #400 cost about 21% less than the average rent price for 2-bedroom apartments in Minneapolis.
Median rents as of Jun 20 2026.
Warehouse District
Minneapolis
| Month | Median Rent |
|---|---|
| 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 |
| February 2026 | $1,757 |
| March 2026 | $1,751 |
| April 2026 | $1,781 |
| May 2026 | $1,748 |
| June 2026 | $1,750 |
| Month | Median Rent |
|---|---|
| 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 |
| February 2026 | $2,705 |
| March 2026 | $2,632 |
| April 2026 | $2,662 |
| May 2026 | $3,030 |
| June 2026 | $3,055 |
Affordability calculator
Can I afford to live at 545 N 1st St #400?
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
$95,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $95,800 annually to afford this 2-bedrooms monthly rent price of $2,395.
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 | $2,450 | 2 bed | 2 bath | ||
| 3 months ago | $2,495 | 2 bed | 2 bath | ||
| 3 months ago | $2,295 | 2 bed | 1 bath | ||
| 4 months ago | $2,495 | 2 bed | 2 bath | ||
| 1 year 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 | ||
| 9 years ago | $1,895 | 1 bed | 1.5 bath | ||
| 9 years ago | $1,800 | 2 bed | 3 bath |
Schools near 545 N 1st St #400
Justice Alan Page Elementary School
999 nofound st
nofoundcity, MN, 88888
PK, K-5Public
Webster Elementary School
425 5th st ne
minneapolis, MN, 55413
PK, K-5Public
C+
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
MPS Online K-5
1250 west broadway ave
minneapolis, MN, 55411
K-5Public
C+
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Internet available near 545 N 1st St #400
Getting around Minneapolis near 545 N 1st St #400
Walking
8/10
No car? No problem. Everything you need is within a few blocks.
Driving
8/10
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
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 545 N 1st St #400, Minneapolis
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
7/10
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
8/10
Wide variety of bars within a few minutes' walk
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