Zumper
modified
5+ Days Ago

Location

740 Portland Ave #1201, Minneapolis, MN 55415, USA|Elliot Park

Tour 740 Portland Ave #1201

Contact

Timothy Edward Carson

Downtown Resource Group, LLC

(844) 334-5739 ext. 7938

Property Overview

High-floor condo in a modern downtown building with skyline views, contemporary finishes, and access to amenities such as fitness facilities and community spaces. Offers low-maintenance living, convenient access to transit, dining, and entertainment, plus secured entry and parking. Well-suited for buyers seeking an urban lifestyle, a lock-and-leave residence, or a stylish in-city base.

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

  • More space
  • Fireplace
  • Images available

Great for

  • Wellness
  • Social life
  • Work-from-home

Amenities for 740 Portland Ave #1201, Elliot Park

Features

BalconyBaseboard
Central AirFireplace
Hardwood FloorWalk-in Closet

Appliances

In-Unit Laundry

Community

Fitness Center

Grounds

Garage ParkingStorage

Services

On-Site ManagementPackage Service

Other

Architecture Style: High RiseFive 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 740 Portland Ave #1201

HomeApartments in MinneapolisElliot Park 740 Portland Ave #1201, Minneapolis, MN 55415, USA

Property Status: Active Enjoy stunning skyline views with 3 walls of windows, custom finishes and everything included except electricity. You’ll love the hardwood floors, custom built-ins, upgraded lighting, gas fireplace, large balcony with natural gas grill hook-up, open floorplan with bedrooms on opposite sides, and full-size washer & dryer. Kitchen features massive island, stone countertops, custom-tiled backsplash, gas oven, and stainless steel appliances. Owner’s suite has black-out shade on tracks, smartly designed walk-in closet, and dual-vanity bathroom. Portland Tower has onsite professional management, fitness center, community room, community patio, secure package room, and indoor/heated guest parking. Included with rent: 2 parking stalls, 1 storage unit, basic cable & internet, and water/sewer/trash. Tenant responsible for electricity. App Fee: $78 per adult; Admin Fee: $150; HOA Move-in Fee: $600; Security 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.


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

More space
The 2-bedroom is 433 sqft larger than other listings nearby
Fireplace
Upgraded in-unit features available
Images available
There are at least 10 photos of this address

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away

Address details

NeighborhoodElliot Park
Zip code55415
TypeCondo for rent

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Rent trends in Elliot Park

2-bedroom apartments at 740 Portland Ave #1201 cost about 45% more than the average rent price for 2-bedroom apartments in Minneapolis.

Median rents as of Jun 20 2026.
Elliot Park
Minneapolis
A table of 2-bedroom apartment rental data trends in Minneapolis
MonthMedian 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
A table of 2-bedroom apartment rental data trends in Elliot Park
MonthMedian Rent
July 2024$2,296
August 2024$2,271
September 2024$2,242
October 2024$2,316
November 2024$2,224
December 2024$2,192
January 2025$2,155
February 2025$2,130
March 2025$1,949
April 2025$1,959
May 2025$2,297
June 2025$2,395
July 2025$2,340
August 2025$2,372
September 2025$2,323
October 2025$2,362
November 2025$2,315
December 2025$2,394
January 2026$2,201
February 2026$2,321
March 2026$2,334
April 2026$2,433
May 2026$2,534
June 2026$2,517

Affordability calculator

Can I afford to live at 740 Portland Ave #1201?

Bedrooms

2 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

$147,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $147,800 annually to afford this 2-bedrooms monthly rent price of $3,695.
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.
Last month$3,7952 bed1 bath
Last month$2,4952 bed1.5 bath
Last month$2,6952 bed1 bath
2 months ago$2,1502 bed1 bath
3 months ago$2,4952 bed2 bath
10 months ago$2,4952 bed1 bath
11 months ago$2,7502 bed1 bath
11 months ago$1,0952 bed2 bath
1 year ago$1,9952 bed2 bath

Schools near 740 Portland Ave #1201

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 #1201

Getting around Minneapolis near 740 Portland Ave #1201

Walking

9/10
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

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 #1201, Minneapolis

Groceries

8/10
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

6/10
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

9/10
Very 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

740 Portland Ave Minneapolis, MN

Occupied

1 Bed, 1 Bath

1 Bed

1 Bath

$2,195

Listed by Patrick Carson
Days on market: 3078
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: 364
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: 1660
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: 2733
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: 2908
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: 87
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: 3551
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: 1409
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: 1185
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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