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modified
13 Hours Ago

Highlights

  • Pet Friendly

Location

700 Central Ave Ne, Minneapolis, MN 55414, USA|Marcy - Holmes
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Contact

Management

Bader Management, Inc

Leasing office

(612) 260-6727

Open 

Friday 9:00 am–4:00 pm CT

Property Overview

700 Central Lofts and Flats offers strong overall value with an expert rating of 8.7/10, highlighted by a 9/10 price score and top-tier 10/10 amenities, including features like heat and on-site fitness options. Its 9/10 location rating reflects excellent access to gyms, yoga centers, entertainment venues, and a nearby top-rated elementary school, while plentiful photos and community gathering spaces support both fitness/wellness and social lifestyles.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.7
Very Good
With a solid 8.7 out of 10 overall, 700 Central Lofts and Flats is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 700 Central Lofts and Flats has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • More space
  • Elementary school nearby

Great for

  • Wellness
  • Social life
  • Pet owners

Floor plans

Moose Alcove - FLATSStudio1 bath510 sqft$1,495–$1,516 /mo2 units available
Bintliff - LOFTSStudio1 bath540 sqft$1,655 /mo1 unit available
Clark - LOFTSStudio1 bath562 sqft$1,670 /mo1 unit available
Norman - LOFTS1 bed1 bath625 sqft$1,645–$1,690 /mo3 units available
McLeod - LOFTS1 bed1 bath660 sqft$1,692 /mo1 unit available
Hiram - LOFTS1 bed1 bath638 sqft$1,710 /mo1 unit available
Spring Street - FLATS1 bed1 bath670 sqft$1,851–$2,058 /mo5 units available
Shaws - FLATS1 bed1 bath750 sqft$2,148 /mo1 unit available
Davenport - LOFTS2 bed2 bath955 sqft$2,348 /mo1 unit available

Let's explore this property.

Amenities for 700 Central Lofts and Flats

Apartment Amenities

BalconyCarpet
Carpet in BedroomsExceptional Downtown View
Exposed Original Brick and TimberGuest Room
Guest SuiteHardwood Floor
Kitchen Feature Quartz Counter-TopLarge and Small Storage Lockers Available
Large ClosetsLarge Window with Natural Light
PatioWalk-in Closet
Window Coverings

Appliances

In-Unit LaundryStainless Steel Appliances
Washer and Dryer

Building

Cats OKConference Room
Dogs OKFitness Center
Historic LoftOnsite Laundry
Residents LoungeRoof Deck

Grounds

Garage ParkingOutdoor Pet Run
Storage

Services

Luxer Package System for 24/7 Access to PackagesPackage Service

Neighborhood

Easy Walking Distance to Shop and Restaurant
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

Application Fee

One-time.

$50

REQUIRED FEES

Administration Fee

One-time. Administration Fee.

$150

Deposit

One-time. Security Deposit.

$500

Electricity Charge

Monthly. Electricity Charge.

Usage Based

Gas Charge

Monthly. Gas Charge.

Usage Based

Trash/recycling Charge

Monthly. Trash/Recycling Charge.

Usage Based

Water/sewer/storm Charge

Monthly. Water/Sewer/Storm Charge.

Usage Based

Utility Administration Fee

Monthly. Utility Administration Fee.

$8

OPTIONAL FEES

Parking Policy

Garage Lot

Garage Rent.

Other

Surface Parking.

Garage Lot

Parking Fee

Monthly. 2 garage lots max. Unassigned parking.

$200

Other

Parking Fee

Monthly. 2 others max. Unassigned parking.

$150

Dog Policy

Allowed
Limit2

Cat Policy

Allowed
Limit2

Cat

Pet Rent

Monthly. 2 cats max. | Restrictions: None.

$25

Pet Fee

One-time fee per pet.

$300

Pet Deposit

One-time deposit per pet.

$25

Dog

Pet Rent

Monthly. 2 dogs max. | Restrictions: None.

$50

Pet Fee

One-time fee per pet.

$300

Pet Deposit

One-time deposit per pet.

$25

SITUATIONAL FEES

Questions about this property’s policies and fees?

Building details

Property details

Units144
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About 700 Central Lofts and Flats

HomeApartments in MinneapolisMarcy - Holmes 700 Central Lofts and Flats

Additional fees for this community include:Non-Optional FeesApplication fee: $50/adultNon-refundable administrative fee: Management charges a $150, non-refundable, administrative fee that is related to our internal and administrative costs for the establishment of a resident file, and preparation of initial lease paperwork and related addendums. This administrative fee must be paid, in addition to the payment of month's rent, any prorated rent, or any additional deposit that might be required on the day of move-in. Utility Fees:Electricity – Paid for by resident Gas – Paid for by residentHeat – Paid for by residentWater/Sewer/Trash – Utility billing is calculated by the Ratio Utility Billing System (RUBS) and will be added to the account ledger monthly. A 12-month history of payments is available for review in the management office, as required by Minnesota statute.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.7
/10
Very Good
With a solid 8.7 out of 10 overall, 700 Central Lofts and Flats is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 700 Central Lofts and Flats has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated 700 Central Lofts and Flats
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
700 Central Lofts and Flats stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
700 Central Lofts and Flats stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
700 Central Lofts and Flats is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·7A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While it may not have as many distinctive features as similar properties in the surrounding area, renters can trust 700 Central Lofts and Flats to provide reasonable accomodations and accurate details about its community.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

700 Central Lofts and Flats is great for:

Wellness

  • On-site fitness center or gym
  • Ample windows and natural lighting
  • 63 gyms or yoga centers nearby
  • This property has patios or balconies for fresh air

Social life

  • This community has public spaces on site, like fitness centers or pools
  • Community gathering spaces on-site (lounges, rooftops, etc.)
  • 73 theaters, music venues, or sports arenas nearby
  • A bustling neighborhood

Pet owners

  • Outdoor spaces are available at this property
  • 2 pet grooming services nearby
  • 1 dog park within 1 mile
  • 3 pet supply stores near the property

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 700 Central Lofts and Flats compares to other nearby properties.

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
More space
Studio is 91 sqft larger than other listings nearby
Elementary school nearby
There is an elementary school 0.3 mile away
More space
The 2-bedroom is 93 sqft larger than other listings nearby
More space
The 1-bedroom is 61 sqft larger than other listings nearby
Images Available
There are at least 10 photos of this address
Laundry available on site
Washers and dryers are available in-building or in-unit
Outdoor space
Easy access to the outdoors
Package service
More secure storage for delivery
Walk-in closet
More closet space on average

Considerations

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

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Rent trends in Marcy - Holmes

Studio apartments at 700 Central Lofts and Flats cost about 43% more than the average rent price for studios in Marcy - Holmes.

1-bedroom apartments here are priced 34% higher than 1-bedrooms in Marcy - Holmes.

If you decide to upgrade your space, you can expect 2-bedrooms at 700 Central Lofts and Flats to be 39% more than the average for similarly sized apartments in Marcy - Holmes.

Median rents as of Apr 18 2026.
Marcy - Holmes
Minneapolis
A table of studio rental data trends in Minneapolis
MonthMedian Rent
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$1,079
February 2026$1,088
March 2026$1,077
April 2026$1,042
A table of studio rental data trends in Marcy - Holmes
MonthMedian Rent
May 2024$1,295
June 2024$1,229
July 2024$1,201
August 2024$1,268
September 2024$1,238
October 2024$1,107
November 2024$1,295
December 2024$1,314
January 2025$1,355
February 2025$1,219
March 2025$1,371
April 2025$1,327
May 2025$1,330
June 2025$1,324
July 2025$1,395
August 2025$1,352
September 2025$1,205
October 2025$1,123
November 2025$1,176
December 2025$1,199
January 2026$1,191
February 2026$1,137
March 2026$1,172
April 2026$1,118

Affordability calculator

Can I afford to live at 700 Central Ave Ne?

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

$66,200/yr

With your selected rent-to-income ratio, you'd ideally want to make $66,200 annually to afford this studio median monthly rent price of $1,655.
For more information on rent affordability, visit our rent calculator.

Schools near 700 Central Lofts and Flats

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 700 Central Lofts and Flats

Getting around Minneapolis near 700 Central Ave Ne

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 700 Central Ave Ne, Minneapolis

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

6/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

8/10
Variety of restaurants within walking distance

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

8/10
At least one high school within a 10-minute walk

Parks

9/10
Large amount of park space nearby

Nightlife

7/10
Variety of bars within walking distance

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