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Updated 2 Days Ago

Location

740 Portland Ave #1517, Minneapolis, MN 55415, USA|Elliot Park

Tour 740 Portland Ave #1517

Contact

Shea John Amundson

Downtown Resource Group, LLC

(612) 244-6613

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

  • Less expensive
  • Middle school nearby
  • Images available

Great for

  • Social life
  • Wellness
  • Eco living

Amenities for 740 Portland Ave #1517, Elliot Park

Features

Central AirFurnished

Community

Laundry RoomOnsite Laundry

Grounds

Assigned ParkingGarage Parking
Storage
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

Parking Policy

Assigned Parking

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

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About 740 Portland Ave #1517

HomeApartments in MinneapolisElliot Park 740 Portland Ave #1517, Minneapolis, MN 55415, USA

Property Status: Active Under Contract Experience elevated downtown living in this beautifully furnished 3-bedroom, 2-bath condo at Portland Tower. This unit features a bright, open-concept floor plan with modern finishes, expansive windows, and stylish furnishings throughout, making it move-in ready from day one. The spacious kitchen flows seamlessly into the living and dining areas, creating the perfect space for entertaining or relaxing. The primary suite offers a private ensuite bath, while two additional bedrooms provide flexibility for guests, a home office, or additional living space. Enjoy the convenience of in-unit laundry, two heated underground parking spaces, and a private storage unit. Included in rent: 2 Indoor heated parking stall(s), 1 storage unit, water/sewer/trash, gas, basic cable and internet; Tenant responsible for electricity. App Fee: $78. Admin Fee: $150; Move-in fee: $600. Deposit is one month's rent. No pets per owner. 12 month lease is preferred. 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.


Go to property website

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 740 Portland Ave, Minneapolis, MN 55415, USA compares to other nearby properties.

Positives

Less expensive
Some rentals at this address are cheaper than similar listings nearby
Middle school nearby
There is a middle school 0.2 mile away
Images available
There are at least 10 photos of this address

Considerations

Pet restrictions
Pets aren't allowed at this location.

Address details

NeighborhoodElliot Park
Zip code55415
TypeCondo for rent

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Rent trends in Elliot Park

3-bedroom apartments at 740 Portland Ave #1517 cost about 105% more than the average rent price for 3-bedroom apartments in Minneapolis.

Median rents as of Sep 19 2026.
Elliot Park
Minneapolis
A table of 3-bedroom apartment rental data trends in Minneapolis
MonthMedian Rent
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$1,891
October 2025$1,881
November 2025$1,972
December 2025$1,919
January 2026$1,951
February 2026$1,953
March 2026$2,018
April 2026$2,068
May 2026$2,038
June 2026$1,972
July 2026$1,982
August 2026$1,996
September 2026$1,998
A table of 3-bedroom apartment rental data trends in Elliot Park
MonthMedian Rent
October 2024$3,820
November 2024$3,808
December 2024$2,967
February 2025$2,000
March 2025$2,000
May 2025$2,400
June 2025$2,700
November 2025$2,200
December 2025$2,425
January 2026$3,005
February 2026$3,238
March 2026$2,424
April 2026$1,950
May 2026$1,895
June 2026$1,977
July 2026$2,010
August 2026$1,900
September 2026$1,900

Affordability calculator

Can I afford to live at 740 Portland Ave #1517?

Bedrooms

3 bedrooms

Rent-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

$155,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $155,800 annually to afford this 3-bedrooms monthly rent price of $3,895.
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.
Check out the past listing prices for monthly rent at 740 Portland Ave, Minneapolis, MN.
3 months ago$3,6952 bed1 bath
4 months ago$3,7952 bed1 bath
4 months ago$2,4952 bed1.5 bath
4 months ago$2,6952 bed1 bath
6 months ago$2,9502 bed1 bath
6 months ago$2,4952 bed2 bath
1 year ago$2,4952 bed1 bath
1 year ago$2,7502 bed1 bath
1 year ago$1,0952 bed2 bath

Schools near 740 Portland Ave #1517

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

Early Childhood Special Education

3320 elliot ave s

minneapolis, MN, 55407

PK, KPublic
B+
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Internet available near 740 Portland Ave #1517

Getting around Minneapolis near 740 Portland Ave #1517

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

6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 740 Portland Ave #1517, Minneapolis

Groceries

9/10
Wide variety of groceries within a few minutes' walk

Shopping

8/10
Wide variety of shops within a few minutes' walk

Cafes

10/10
Exceptional variety of cafés within a few minutes’ walk

Restaurants

9/10
Wide variety of restaurants within a few minutes’ walk

Primary schools

7/10
At least one elementary school within a 15-minute walk

High schools

9/10
At least one high school within a 5-minute walk

Parks

8/10
Very large amount of park space within a few minutes' walk

Nightlife

9/10
Exceptional variety of bars right within a few minutes’ walk

Other units at this address

740 Portland Ave Minneapolis, MN

Occupied

1 Bed, 1 Bath

1 Bed

1 Bath

$2,195

Listed by Patrick Carson
Days on market: 3169
For more details and to contact: https://realtyww.info/houses-villas-cottages-townhouses/homes/apartment-for-rent-in-minneapolis-mn_i723262 Come live in the newest open condo projects in downtown Mpls, Portland Tower! Located just one block from Skyway access and just steps from US Bank Stadium, Light Rail Station and Downtown East Commons Park, this 2BR, 2BA east facing 8th floor condo with recessed balcony offers one of the best values in downtown Mpls for the size, quality, finishes and location. Included in rent is parking, storage, water/sewer/trash, gas, heating, air conditioning, basic cable and internet. (Last Updated: 2018-01-22)

Occupied

2 Beds, 2 Baths

2 Beds

2 Baths

$1,095

Listed by Jimmy Dawson
Days on market: 455
Bedrooms & Bathroom: Each of the two bedrooms offers a tranquil retreat with generous proportions, large windows, and abundant closet space. The condo features two full bathroomsone likely serving as a private en-suite or easily accessible guest bathroomboth delivering on modern comforts and clean finishes . Parking, Storage & Utilities...... Parking is a standout feature here, with an attached 2-car garage included . A secure storage unit adds practical storage space. Remarkably, nearly all utilitiesincluding heat, natural gas, building-wide A/C, water, sewer, trash removal, basic cable, and internetare included in the rent. Tenants are responsible only for electricity. The community operates utilities efficiently thanks to forced-air heating and central air conditioning

Occupied

1104

2 Beds

2 Baths

$1,150

Listed by Leasing Office
Days on market: 1751
Wonderful HOT HOME WITH A COMFORT,READY TO MOVE IN.. please write me direct via (gifthome478 at gmail. com for fast and easy communication,don't contact me from any of the renter advert site, except direct to my above private contact for a quick notification respond. Also use the property address as the subject Eg:I am interested 740 Portland Ave #1104, Minneapolis, MN 55415......hope to read from you soon as as possible..

Occupied

602

2 Beds

2 Baths

$2,100

Listed by Portland Towers
Days on market: 2823
Just need your Toothbrush to move in! State-of-the-art building · Security/surveillance system · Spacious Front Entry and Hallways · Heated indoor parking included· Guest Parking · High-speed elevator · Large Community Room equipped with full kitchen · 6th Floor outdoor Community Space with grill and outdoor fire feature · Exercise Room · Close to theaters and restaurants · Close to sporting events and health clubs · Convenient to walking and biking trails along the Mississippi River · Close to bus lines and light rail

Occupied

1105

2 Beds

2 Baths

$2,150

Listed by Heena Singh
Days on market: 2999
Located in Dtwn East Commons neighborhood, With a beautiful view, this 2BR, 2BA condo is in the newest luxury condos in downtown, Portland Tower. Home features hdwd floors, 10 ft. ceiling, beautiful Kitchen w/large island, 2 prkg spaces and much more!

Occupied

710

2 Beds

2 Baths

$2,495

Days on market: 177
Available April 4th: Spacious and modern Portland Tower 2BR with most utilities and 2 parking stalls included with rent! You'll love the wall of windows with custom shades, hardwood floors, tons of closet space, full-size washer & dryer, and balcony with natural gas-grill hook-up. Gourmet kitchen features stone countertops, tiled backsplash, stainless steel appliances, gas oven and island with space for barstools. Portland Tower provides a large fitness center, community room, indoor/heated guest parking, 6th floor community patio, onsite staff and secure access. Utilities are Tenant's Responsibilities not listed in Rent Amount Application Fee - $60.00 (Each Applicant over the age of eighteen) Upon Application Approval: To Reserve Property: Complete Hold Agreement = Security Deposit Listed $ (Equal to one Month’s Rent) Lease Administration Fee - $199.00 (one-time) 1% Payment Processing Fee per Month Pets are subject to approval [Deposit/Fee/Rent– Not to Exceed $50/month or $300/pet -non-refundable] **** APPLICATIONS CAN BE SUBMITED @ ***** https:// www. Renters Warehouse . com / lease-application https www renterswarehouse com lease-application Application Fee-$60 per 18+ residing in the home Link to Application: https www renterswarehouse com lease-application Minimum 600 credit score, combined income = 3X monthly rent Applicant screening criteria apply. Applicants must meet rental history standards, including no qualifying eviction judgments within the past five (5) years. Approval is based on rental screening criteria including rental history, credit, and income verification. Limited or no rental history may impact qualification and could require additional security deposit or a co-signer. All applicants are evaluated using the same criteria. Contact us to schedule a showing.

Occupied

2 Beds, 3 Baths

2 Beds

3 Baths

$2,695

Listed by James Nielsen
Days on market: 3641
Another great listing from James and Renters Warehouse! This 6th floor unit in the BRAND NEW 740 Portland building in Downtown Mpls. HUGE 20 ft balcony w/beautiful views. Open concept floor plan with 2 beds 2 baths and washer/dryer in unit. 2 GARAGE PARKING SPOTS INCLUDED IN THE RENT and tenants only pay gas/electric!! Great exercise room and party room located on the 1st floor. Don't miss out on your chance to be the first renter in the building. To qualify monthly household income should be 3 times the rent and have good rental history. To schedule a tour feel free to use the all new Knock app or contact James directly at 612.859.2121.

Occupied

1415

2 Beds

2 Baths

$3,295

Listed by Andy
Days on market: 1499
Amazing 2 bedroom, 2 bathroom condo in Minneapolis. Amenities included: wheelchair accessible, balcony, central air, central heat, deck, dishwasher, hardwood floors, stainless steel appliance, updated kitchen, updated bathroom, storage, and washer dryer. Utilities included: cable, heat, gas, internet, air conditioning and water. Is pet friendly. Date Available: Mar 30th 2022. $1,000 security deposit required. Please submit the form on this page or contact Andy at 832-273-3603 to learn more. This property is managed by a responsible landlord using Avail landlord software. Included with rent: 1 parking stall, climate controlled storage unit, water/sewer/trash, heat, a/c, basic cable & internet.

Occupied

3 Beds, 2.5 Baths

3 Beds

2.5 Baths

$2,950

Listed by Timothy May
Days on market: 1275
ANOTHER LISTING FROM TIMOTHY @ RENTERS WAREHOUSE!! Custom cabinetry and granite tops. Stainless steel appliances, hardwood floors Master suite with private tiled bath nice sized custom closet. Gorgeous views of downtown Minneapolis. Community room for entertaining. Fitness center. Patio/deck with grill hook up. 2 garage stalls available for additional $100 each monthly, on the end spot with plenty of room and storage unit right next to it, in climate controlled garage. Walk to downtown venues and only blocks from US Bank Stadium with plenty of restaurants and entertainment to choose from. Free cable internet and TV Xfinity Blast! Pro + Internet 500 Mbps 294 SD + 217 HD Channels Cable upgrades are discounted. Guest parking on 1st floor garage off 8th street accessed via code on a first come first serve basis. Guest parking on 5th floor off Portland Avenue South accessed via fob and reserved in advance. Package room accessible by common area key. Community room accessed via fob can be reserved. Weekly newsletters via email. Caretaker lives on site and is available M-F 8am-4pm and on call every other weekend. After hours emergency phone line. Call box at entrances that can unlock the doors and elevators over phone. 2 carts on each floor of the parking garage for groceries or heavy items. Hot water from central boiler. Central heat, air conditioning and humidification systems. Gas range and gas convection oven. Combination microwave and oven. Gas hookup for outdoor grill. Hard wood floors. (RENT: $2950) (SECURITY DEPOSIT: $2950) (one Time Lease Admin Fee: $199 and a 1% monthly processing) ($55 Application Fee per +18 year old) (PET POLICY: Small pet with a $250 non refundable Pet FEE) To qualify household income should be 3 times the rent and have a good rental history. There may be other interested parties present at your showing.

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