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716 N 1st St #535, Minneapolis, MN 55401, USA|Warehouse District
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Property Overview
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
Images available
Great for
Social life
Wellness
Work-from-home
Amenities for 716 N 1st St #535, Warehouse District
Features
| Air Conditioning | Central Air |
Grounds
| Storage |
Other
| Architecture Style: High Rise | Hot Water Heating |
| Three 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 716 N 1st St #535
Property Status: Active This spacious 1BD in Itasca Lofts is a one-of-a-kind opportunity to live in the first industrial condo conversion in Minneapolis! The original exposed brick & wooden beams provide a beautiful canvas for the updated kitchen, bedroom and bathroom. You'll find ample storage in-unit, and love the south facing windows with views of downtown! The island + barstools will stay, along with the built-in desk adjacent to the kitchen. This desirable North Loop location, nestled above Acme Comedy Club and just steps from the Mississippi River does not come around often! Included in rent: water/sewer/trash, electric, gas, heating, a/c, basic cable and internet; Tenant responsible for electric, App Fee: $78. Admin Fee: $150; Move-in 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 716 N 1st St, Minneapolis, MN 55401, USA compares to other nearby properties.
Positives
- Images available
- There are at least 10 photos of this address
Considerations
- No covered parking
- Garage or covered parking isn't listed as an amenity here
Address details
| Neighborhood | Warehouse District |
|---|---|
| Zip code | 55401 |
| Type | Condo for rent |
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Rent trends in Warehouse District
1-bedroom apartments at 716 N 1st St #535 cost about 9% more than the average rent price for 1-bedroom apartments in Minneapolis.
Median rents as of May 9 2026.
Warehouse District
Minneapolis
| Month | Median Rent |
|---|---|
| May 2024 | $1,346 |
| June 2024 | $1,314 |
| July 2024 | $1,337 |
| August 2024 | $1,357 |
| September 2024 | $1,361 |
| October 2024 | $1,294 |
| November 2024 | $1,305 |
| December 2024 | $1,324 |
| January 2025 | $1,311 |
| February 2025 | $1,293 |
| March 2025 | $1,303 |
| April 2025 | $1,277 |
| May 2025 | $1,256 |
| June 2025 | $1,278 |
| July 2025 | $1,254 |
| August 2025 | $1,288 |
| September 2025 | $1,300 |
| October 2025 | $1,312 |
| November 2025 | $1,324 |
| December 2025 | $1,350 |
| January 2026 | $1,346 |
| February 2026 | $1,342 |
| March 2026 | $1,374 |
| April 2026 | $1,359 |
| May 2026 | $1,302 |
| Month | Median Rent |
|---|---|
| May 2024 | $1,943 |
| June 2024 | $1,929 |
| July 2024 | $1,852 |
| August 2024 | $1,894 |
| September 2024 | $1,869 |
| October 2024 | $1,800 |
| November 2024 | $1,794 |
| December 2024 | $1,888 |
| January 2025 | $1,923 |
| February 2025 | $1,960 |
| March 2025 | $1,933 |
| April 2025 | $1,920 |
| May 2025 | $1,901 |
| June 2025 | $1,921 |
| July 2025 | $1,994 |
| August 2025 | $1,923 |
| September 2025 | $1,991 |
| October 2025 | $2,011 |
| November 2025 | $2,048 |
| December 2025 | $2,056 |
| January 2026 | $1,866 |
| February 2026 | $1,894 |
| March 2026 | $1,975 |
| April 2026 | $1,991 |
| May 2026 | $2,245 |
Affordability calculator
Can I afford to live at 716 N 1st St #535?
Bedrooms
1 bedroomRent-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
$96,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $96,000 annually to afford this 1-bedroom monthly rent price of $2,400.
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 | |||||
|---|---|---|---|---|---|
| 1 year ago | $2,150 | 1 bed | 1 bath | ||
| 1 year ago | $2,295 | 1 bed | 1 bath | ||
| 1 year ago | $2,395 | 1 bed | 1 bath | ||
| 1 year ago | $2,395 | 1 bed | 1 bath | ||
| 4 years ago | $1,795 | 1 bed | 1 bath | ||
| 5 years ago | $2,295 | 1 bed | 1 bath | ||
| 5 years ago | $2,195 | 2 bed | 1 bath | ||
| 5 years ago | $1,795 | 1 bed | 1 bath |
Schools near 716 N 1st St #535
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
Justice Alan Page Elementary School
999 nofound st
nofoundcity, MN, 88888
PK, K-5Public
MPS Online K-5
1250 west broadway ave
minneapolis, MN, 55411
K-5Public
C+
River Bend Educational Center
1510 glenwood ave s
minneapolis, MN, 55405
K-12Public
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Internet available near 716 N 1st St #535
Getting around Minneapolis near 716 N 1st St #535
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 716 N 1st St #535, Minneapolis
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
6/10
Several cafés within a few minutes’ walk
Restaurants
8/10
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
Other units at this address
716 N 1st St, Minneapolis, MN
716 N 1st St Minneapolis, MN
Occupied
538
Studio
– Baths
$ –
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