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Management
Bader Management, Inc
The Park Apartments receive a strong Zumper expert rating of 8.5, highlighting its competitive pricing and outstanding amenities. With a perfect balance between an exceptional location and robust quality ratings, it stands out as a premier choice for renters. The property excels in various lifestyle aspects, offering ample opportunities for wellness, remote work, and social activities, complemented by nearby educational options.
Things you’ll love
Less expensiveElementary school nearbyFireplaceGreat for
Work-from-home
Wellness
Social life| Twin B - Studio-A | Studio | 1 bath | 336 sqft | $820–$845 /mo | 2 units available | 1515-1517 Spruce Place, Minneapolis, MN 55403 | |
| Twin A - Studio-B | Studio | 1 bath | 348 sqft | $835 /mo | 1 unit available | 1511-1513 Spruce Place, Minneapolis, MN 55403 | |
| Gritz Studio - C | Studio | 1 bath | 332 sqft | $845 /mo | 1 unit available | 1430 Spruce Place, Minneapolis, MN 55403 | |
| Gritz Studio - B | Studio | 1 bath | 320 sqft | $850 /mo | 1 unit available | ||
| Twin A - Studio-A | Studio | 1 bath | 336 sqft | $860 /mo | 1 unit available | 1511-1513 Spruce Place, Minneapolis, MN 55403 | |
| Sequoia Studio - A | Studio | 1 bath | 486 sqft | $915–$1,025 /mo | 2 units available | 201 W 15th St, Minneapolis, MN 55403 | |
| Twin A-1 BR-A | Studio | 1 bath | 496 sqft | $955 /mo | 1 unit available | 1511 - 1513 Spruce Place | |
| 205 1BR - B | 1 bed | 1 bath | 642 sqft | $1,020 /mo | 1 unit available | ||
| Sequoia 1BR - A | 1 bed | 1 bath | 615 sqft | $1,045 /mo | 1 unit available | 201 15th St, Minneapolis, MN 55403 | |
| 209 2BR - A | 2 bed | 1 bath | 900 sqft | $1,460–$1,490 /mo | 2 units available | ||
| Long Red 2BR - B | 2 bed | 1 bath | 736 sqft | $1,500 /mo | 1 unit available | 115-129 W 15th St, Minneapolis, MN 55403 |
Let's explore this property.
Apartment Amenities
| Fireplace | Hardwood Floor |
| High Ceiling | High Ceilings |
| Large Closets | Large Window with Natural Light |
| Skylight | Walk-in Closet |
Appliances
| Gas Range |
Tech
| Cable Ready |
Building
| Cats OK | Dogs OK |
| Historic Building | Onsite Laundry |
Grounds
| Bike Racks |
Services
| On-Site Management |
Neighborhood
| Transportation |
One-time.
One-time. Refundable: 100%. Security Deposit.
Monthly. 2 cats max. | Restrictions: None.
One-time fee per pet.
Monthly. 2 dogs max. | Restrictions: Breed restrictions apply.
One-time fee per pet.
Questions about this property’s policies and fees?
| Units | 227 |
|---|
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 administrative fee: $8/monthUtility Fees:Electricity – Paid for by resident Gas – Paid for by residentHeat – Paid for by propertyWater/Sewer/Trash – Utility billing is calculated by the Ratio Utility Billing System (RUBS) and will be added to the account ledger monthly.
How The Park Apartments compares to other nearby properties.
Positives
Considerations
Studio apartments at The Park Apartments cost about 3% more than the average rent price for studios in Loring Park.
1-bedroom apartments here are priced 20% lower than 1-bedrooms in Loring Park.
If you decide to upgrade your space, you can expect 2-bedrooms at The Park Apartments to be 24% less than the average for similarly sized apartments in Loring Park.
| Month | Median Rent |
|---|---|
| December 2023 | $1,007 |
| January 2024 | $964 |
| 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 | $1,100 |
| Month | Median Rent |
|---|---|
| December 2023 | $827 |
| January 2024 | $825 |
| February 2024 | $800 |
| March 2024 | $829 |
| April 2024 | $832 |
| May 2024 | $856 |
| June 2024 | $832 |
| July 2024 | $870 |
| August 2024 | $891 |
| September 2024 | $874 |
| October 2024 | $949 |
| November 2024 | $923 |
| December 2024 | $872 |
| January 2025 | $834 |
| February 2025 | $849 |
| March 2025 | $857 |
| April 2025 | $891 |
| May 2025 | $910 |
| June 2025 | $849 |
| July 2025 | $849 |
| August 2025 | $871 |
| September 2025 | $881 |
| October 2025 | $884 |
| November 2025 | $832 |
| December 2025 | $845 |
Can I afford to live at 200 West 15th Street?
Bedrooms
Rent-to-income ratio
30%
$33,800/yr
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Merriam Park East • 455 Snelling Avenue
Studio–1 Bed
$1,264–$1,715
Loring Park • 1254 Hennepin Avenue
Studio–2 Beds
$1,095–$1,900
Oak Hill • 7400 Oak Park Village Drive
1–2 Beds
$1,440–$1,740
Columbia Heights • 1230 Cheri Lane Northeast
1–3 Beds
$1,175–$1,725
Southwest Richfield • 7620 Penn Avenue South
1 Bed
$1,197–$1,480
45 Butler Avenue East
1–3 Beds
$1,421–$1,795
Merriam Park East • 455 Snelling Avenue
Studio–1 Bed
$1,264–$1,715
Loring Park • 1254 Hennepin Avenue
Studio–2 Beds
$1,095–$1,900
Oak Hill • 7400 Oak Park Village Drive
1–2 Beds
$1,440–$1,740
Columbia Heights • 1230 Cheri Lane Northeast
1–3 Beds
$1,175–$1,725
Southwest Richfield • 7620 Penn Avenue South
1 Bed
$1,197–$1,480
45 Butler Avenue East
1–3 Beds
$1,421–$1,795
