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732 East 16th Street offers an impressive combination of modern living with outstanding amenities, including on-site laundry and spacious living areas. It holds a strong Zumper Expert Rating of 8.4, supported by excellent price and location ratings of 10 and 9, respectively. The property is particularly appealing for those seeking an active lifestyle, with abundant parks, recreational options, and coworking spaces, making it a desirable choice for social, work, and fitness needs.
Things you’ll love
Middle school nearbyEco-friendly trash disposalGreat for
Work-from-home
Social life
Wellness| 1BR/1.0BA | 1 bed | 1 bath | 650 sqft | $950 /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! Monthly Rent: $950 Gas & Trash: $85/month Electric: Tenant Paid Water: Tenant Paid Utility Admin Fee: $8/month Other Fees: $50 - Application Fee, per Adult $950 - 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. |
Let's explore this property.
Apartment Amenities
| Gas | Trash |
Appliances
| Range | Refrigerator |
Tech
| High Speed Internet Access |
Building
| Onsite Laundry |
Grounds
| Dog-Run Park | Parking Lot |
Other
| Online Rent Payment | Shared In-building Laundry |
One-time.
One-time. Refundable.
No pets allowed.
Questions about this property’s policies and fees?
| Units | 12 |
|---|
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! Monthly Rent: $950 Gas & Trash: $85/month Electric: Tenant Paid Water: Tenant Paid Utility Admin Fee: $8/month Other Fees: $50 - Application Fee, per Adult $950 - 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.
How 732 East 16th Street (New Town) compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at 732 East 16th Street (New Town) cost about 41% less than the average rent price for 1-bedroom apartments in Elliot Park.
| Month | Median Rent |
|---|---|
| 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 | $1,079 |
| February 2026 | $1,088 |
| March 2026 | $1,077 |
| April 2026 | $1,032 |
| May 2026 | $1,024 |
| June 2026 | $1,051 |
| July 2026 | $1,046 |
| August 2026 | $1,050 |
| September 2026 | $1,093 |
| October 2026 | $1,094 |
| Month | Median Rent |
|---|---|
| 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 | $885 |
| February 2026 | $890 |
| March 2026 | $892 |
| April 2026 | $895 |
| May 2026 | $892 |
| June 2026 | $1,086 |
| July 2026 | $1,222 |
| August 2026 | $1,224 |
| September 2026 | $1,297 |
| October 2026 | $1,290 |
Can I afford to live at 732 E 16th St?
Bedrooms
1 bedroomRent-to-income ratio
30%
$38,000/yr
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Merriam Park East • 455 Snelling Ave N
Studio–3 Beds
$1,193–$3,203
Total Monthly Price. The price shown reflects a 12-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
Loring Park • 1254 Hennepin Avenue
Studio–2 Beds
$1,100–$2,300
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.8150 W River Rd
1–2 Beds
$1,095–$1,349
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Southwest Richfield • 7620 Penn Ave S
1 Bed
$1,150–$1,432
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.3610 Lancaster Ln N
1–3 Beds
$1,174–$1,585
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.South Loop • 3 Appletree Sq
Studio–2 Beds
$1,153–$1,903
Total Monthly Price. The price shown reflects a 3-month lease and includes base rent and all known required monthly fees, based on information provided by the property.Brooklyn Park - Maple Grove • 5805 73rd Ave N
1 Bed
$1,082–$1,285
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Roseville • 1568 Eustis St
Studio
$1,049
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Merriam Park East • 455 Snelling Ave N
Studio–3 Beds
$1,193–$3,203
Total Monthly Price. The price shown reflects a 12-month lease and includes base rent and all known required monthly fees, based on information provided by the property.Loring Park • 1254 Hennepin Avenue
Studio–2 Beds
$1,100–$2,300
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.8150 W River Rd
1–2 Beds
$1,095–$1,349
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Southwest Richfield • 7620 Penn Ave S
1 Bed
$1,150–$1,432
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.3610 Lancaster Ln N
1–3 Beds
$1,174–$1,585
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.South Loop • 3 Appletree Sq
Studio–2 Beds
$1,153–$1,903
Total Monthly Price. The price shown reflects a 3-month lease and includes base rent and all known required monthly fees, based on information provided by the property.Brooklyn Park - Maple Grove • 5805 73rd Ave N
1 Bed
$1,082–$1,285
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Roseville • 1568 Eustis St
Studio
$1,049
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
