14 Hours Ago
Location
732 E 16th St, Minneapolis, MN 55404, USA|Elliot Park
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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
Wellness
Work-from-home
Social life
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 575 sqft | $925 /mo | 1 unit available | Our spacious apartment features an open floor plan with soaring 9-foot ceilings, offering a bright and modern atmosphere. Enjoy the best of both comfort and style with luxury vinyl flooring, plush carpeting, and sleek modern finishes throughout. Convenient on-site laundry adds to the ease of living. Located in a newly renovated historic building in downtown Minneapolis, this apartment offers updated appliances and dishwashers in select units, walk-in closets in select units, and updated flooring. The spacious living area features plenty of storage and large windows that flood the space with natural light. Renters insurance and proof of utility transfer are required before move-in. This is a no-smoking building. Just minutes from top attractions and with easy access to major highways, this is the perfect spot for those seeking convenience and modern living. Make this beautiful space your new home today! Market Rent: $925/Month Gas & Trash: $85/month Electric: Tenant Paid Water: Tenant Paid Utility Admin Fee: $8/month Other Fees: $50 - Application Fee, per Adult $925 - Security Deposit $125 - Move-In Admin Fee $50 - Pet Rent, if applicable $450 - Pet Fee, if applicable $50 - Parking Spot, if applicable Deposit is equal to one month's rent. Application requires a nonrefundable $50 fee. It is a smoke-fee community. Renters insurance and proof of utility transfer are required before move in. Application link can be found here: mnapts. com vacancies Equal Housing Opportunity. | |
| 2BR/1.0BA | 2 bed | 1 bath | 670 sqft | $1,100 /mo | 1 unit available | Our spacious apartment features an open floor plan with soaring 9-foot ceilings, offering a bright and modern atmosphere. Enjoy the best of both comfort and style with luxury vinyl flooring, plush carpeting, and sleek modern finishes throughout. Convenient on-site laundry adds to the ease of living. Located in a newly renovated historic building in downtown Minneapolis, this apartment offers updated appliances and dishwashers in select units, walk-in closets in select units, and updated flooring. The spacious living area features plenty of storage and large windows that flood the space with natural light. Renters insurance and proof of utility transfer are required before move-in. This is a no-smoking building. Just minutes from top attractions and with easy access to major highways, this is the perfect spot for those seeking convenience and modern living. Make this beautiful space your new home today! Market Rent: $1,100/Month Gas & Trash: $95/month Electric: Tenant Paid Water: Tenant Paid Utility Admin Fee: $8/month Other Fees: $50 - Application Fee, per Adult $1,100 - Security Deposit $125 - Move-In Admin Fee $50 - Pet Rent, if applicable $450 - Pet Fee, if applicable $50 - Parking Spot, if applicable Deposit is equal to one month's rent. Application requires a nonrefundable $50 fee. It is a smoke-fee community. Renters insurance and proof of utility transfer are required before move in. Application link can be found here: mnapts. com vacancies Equal Housing Opportunity. |
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Amenities for 732 East 16th Street (New Town)
Apartment Amenities
| Gas | Trash |
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
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 12 |
|---|
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About 732 East 16th Street (New Town)
Our spacious apartment features an open floor plan with soaring 9-foot ceilings, offering a bright and modern atmosphere. Enjoy the best of both comfort and style with luxury vinyl flooring, plush carpeting, and sleek modern finishes throughout. Convenient on-site laundry adds to the ease of living. Located in a newly renovated historic building in downtown Minneapolis, this apartment offers updated appliances and dishwashers in select units, walk-in closets in select units, and updated flooring. The spacious living area features plenty of storage and large windows that flood the space with natural light. Renters insurance and proof of utility transfer are required before move-in. This is a no-smoking building. Just minutes from top attractions and with easy access to major highways, this is the perfect spot for those seeking convenience and modern living. Make this beautiful space your new home today! Market Rent: $925/Month Gas & Trash: $85/month Electric: Tenant Paid Water: Tenant Paid Utility Admin Fee: $8/month Other Fees: $50 - Application Fee, per Adult $925 - Security Deposit $125 - Move-In Admin Fee $50 - Pet Rent, if applicable $450 - Pet Fee, if applicable $50 - Parking Spot, if applicable Deposit is equal to one month's rent. Application requires a nonrefundable $50 fee. It is a smoke-fee community. Renters insurance and proof of utility transfer are required before move in. Application link can be found here: mnapts. com vacancies Equal Housing Opportunity.
732 East 16th Street (New Town) is great for:
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 732 East 16th Street (New Town) compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
Considerations
- No laundry facilities available
- This property doesn't offer on-site or in-unit washers and dryers
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Rent trends in Elliot Park
1-bedroom apartments here are priced 37% lower than 1-bedrooms in Elliot Park.
If you decide to upgrade your space, you can expect 2-bedrooms at 732 East 16th Street (New Town) to be 52% less than the average for similarly sized apartments in Elliot Park.
Median rents as of Jan 10 2026.
Elliot Park
Minneapolis
| Month | Median Rent |
|---|---|
| February 2024 | $925 |
| March 2024 | $1,016 |
| April 2024 | $1,024 |
| May 2024 | $1,097 |
| June 2024 | $1,041 |
| July 2024 | $1,031 |
| August 2024 | $1,083 |
| September 2024 | $1,070 |
| October 2024 | $1,041 |
| November 2024 | $1,025 |
| December 2024 | $1,015 |
| January 2025 | $993 |
| February 2025 | $1,001 |
| March 2025 | $1,006 |
| April 2025 | $978 |
| May 2025 | $967 |
| June 2025 | $1,014 |
| July 2025 | $982 |
| August 2025 | $1,033 |
| September 2025 | $1,019 |
| October 2025 | $993 |
| November 2025 | $988 |
| December 2025 | $1,098 |
| January 2026 | $1,087 |
| Month | Median Rent |
|---|---|
| February 2024 | $823 |
| March 2024 | $977 |
| April 2024 | $827 |
| May 2024 | $716 |
| June 2024 | $838 |
| July 2024 | $741 |
| August 2024 | $815 |
| September 2024 | $736 |
| October 2024 | $715 |
| November 2024 | $714 |
| December 2024 | $812 |
| January 2025 | $794 |
| February 2025 | $719 |
| March 2025 | $718 |
| April 2025 | $765 |
| May 2025 | $762 |
| June 2025 | $861 |
| July 2025 | $844 |
| August 2025 | $907 |
| September 2025 | $844 |
| October 2025 | $844 |
| November 2025 | $840 |
| December 2025 | $913 |
| January 2026 | $895 |
Affordability calculator
Can I afford to live at 732 E 16th St?
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
$37,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $37,000 annually to afford this 1-bedroom monthly rent price of $925.
For more information on rent affordability, visit our rent calculator.
Schools near 732 East 16th Street (New Town)
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
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
Kenwood Elementary School
2013 penn ave s
minneapolis, MN, 55405
K-5Public
B
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Internet available near 732 East 16th Street (New Town)
Getting around Minneapolis near 732 E 16th St
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 732 E 16th St, Minneapolis
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
7/10
Variety of shops within walking distance
Cafes
7/10
Variety of cafés within walking distance
Restaurants
8/10
Variety of restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
7/10
Variety of bars within walking distance
Explore the area around 732 E 16th St
Elliot Park Grocery
1600 Chicago Ave
Midwest Market
2000 Portland Ave
ALDI
1311 E Franklin Ave
Third Avenue Foods
1905 3rd Ave S
Gulet Daily Grocery
922 E 24th St
Kids Wonder Clothing Store
629 E 18th St
Great Lakes
610 S 9th St
Barwago Clothing Store
912 E 24th St
Liiban Dress Fashion
912 E 24th St
Amina Boutique Inc
2401 Chicago Ave
Segue Coffee
811 11th Ave S
Dunn Brothers Coffee
715 S 8th St
Wesley Andrews
Dunn Brothers Coffee
715 Park Ave
Starbucks
520 S 7th St
Ikes Bar
401 Chicago Ave
Breva Bar & Grill
1115 2nd Ave S
Constantine
1115 2nd Ave S
Monello
1115 2nd Ave S
Ten 01 Social
1001 Marquette Ave
Einstein Bros Bagels
550 S 4th St
Wuollet Bakery Inc
200 S 6th St
Classic Cookie Co
200 S 5th St
Zoes Bakery & Cafe
1400 Nicollet Ave
Mother Dough Bakery
205 Park Ave
Elliot Park
Franklin Steele Square
Peavey Park
Stevens Square
Currie Park
Dallo Food Inc
1603 Chicago Ave
Lutunji's Palate
1400 Park Ave
Cairo's Grill
1922 Chicago Ave
Daily Cairo Grill
1922 Chicago Ave
Golden Fingers
1914 Chicago Ave
Chicago Ave S & 17th St E
Chicago Ave S & 17th St E
Chicago Ave S & 15th St E
Park Ave S & 16th St E
Park Ave S & 15th St E
Target Field Station & Rail Platform
Northstar Commuter Rail
U.S. Bank Stadium Station
METRO Blue Line, METRO Green Line
Junction & Blue Green Crossover
METRO Green Line
Blue Line Rail & Green Line Rail
METRO Blue Line
U.S. Bank Stadium Station
METRO Blue Line, METRO Green Line
Cedar Riverside Station
METRO Blue Line
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