4 Days Ago
Highlights
Pet Friendly
- Double-stall garage
- Virtual tours
- Single-stall garage
Location
2101 East River Terrace #01-203, Minneapolis, MN 55414, USA|Prospect Park
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Property Overview
East River Terrace features a strong Zumper expert rating of 8 out of 10, indicating it is an appealing choice for renters, enhanced by its impressive amenities and prime location ratings of 9 out of 10. The property combines competitive pricing with noticeable value, underscored by a commitment to transparency and trustworthiness. With pet-friendly attributes highlighted by nearby parks and services, it meets the needs of a diverse range of potential residents.
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.
Things you’ll love
Laundry available on site- Outdoor space
- Walk-in closet
Great for
Pet owners
Floor plans
| Studio | Studio | 1 bath | 410 sqft | $995 /mo | East River Terrace is located in a scenic nook of the Prospect Park Neighborhood in southeast Minneapolis. Located on the beautiful banks of the Mississippi River, we offer convenient access to both Minneapolis and St. Paul. There are plenty of options for transportation including access to bike trails that are a part of the Grand Rounds Scenic Byway. A community of small 12-unit buildings. We offer 12 month initial lease terms only. Come home to East River Terrace! Studio Floorplans - Virtual Tours: apartments com east-river-terrace-minneapolis-mn 9bsfbj7 ?gad_source=1&gclid=CjwKCAiAs6-sBhBmEiwA1Nl8s8C5CWRma2xHKf3e8FJUl5QVMEECghGyOCrYtbdxE-7s3e1fPlVrFBoCtNsQAvD_BwE&gclsrc=aw ds Pet Policies: -Dogs and cats allowed -Max 2 pets total -Max 1 dog allowed -Cats and dogs must be spayed/neutered, vaccinated, and at least one year old Fixed Monthly Charges: -Electric paid to Xcel Energy -RUBS water/sewer variable* -RUBS Processing Fee $6.00 -Trash $15.00 -Minimum Liability Policy** $10.50 -LLI Processing Fee** $4.50 Optional Monthly Charges: -Parking: Single-Stall Garage $60, Double-Stall Garage $90 -Cat: $25.00 -Dog: $50.00 *See utility addendum for full RUBS disclosure **Liability insurance fees are waived for renters that provide the Declarations Page of their own Renter's Insurance Policy See Hornig Companies Fee Disclosure for full details on all charges. |
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Amenities for East River Terrace
Apartment Amenities
| Air Conditioning | Hardwood Floor |
| Walk-in Closet |
Building
| Cats OK | Controlled Access |
| Dogs OK | Onsite Laundry |
Grounds
| Garage Parking | Outdoor Space |
| Storage |
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
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About East River Terrace
East River Terrace is located in a scenic nook of the Prospect Park Neighborhood in southeast Minneapolis. Located on the beautiful banks of the Mississippi River, we offer convenient access to both Minneapolis and St. Paul. There are plenty of options for transportation including access to bike trails that are a part of the Grand Rounds Scenic Byway. A community of small 12-unit buildings. We offer 12 month initial lease terms only. Come home to East River Terrace! Studio Floorplans - Virtual Tours: apartments com east-river-terrace-minneapolis-mn 9bsfbj7 ?gad_source=1&gclid=CjwKCAiAs6-sBhBmEiwA1Nl8s8C5CWRma2xHKf3e8FJUl5QVMEECghGyOCrYtbdxE-7s3e1fPlVrFBoCtNsQAvD_BwE&gclsrc=aw ds Pet Policies: -Dogs and cats allowed -Max 2 pets total -Max 1 dog allowed -Cats and dogs must be spayed/neutered, vaccinated, and at least one year old Fixed Monthly Charges: -Electric paid to Xcel Energy -RUBS water/sewer variable* -RUBS Processing Fee $6.00 -Trash $15.00 -Minimum Liability Policy** $10.50 -LLI Processing Fee** $4.50 Optional Monthly Charges: -Parking: Single-Stall Garage $60, Double-Stall Garage $90 -Cat: $25.00 -Dog: $50.00 *See utility addendum for full RUBS disclosure **Liability insurance fees are waived for renters that provide the Declarations Page of their own Renter's Insurance Policy See Hornig Companies Fee Disclosure for full details on all charges.
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.
8.0
/10
Very GoodWith a solid 8 out of 10 overall, East River Terrace is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, East River Terrace has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
Price·8A 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.
Scoring a 8/10, East River Terrace is a great option for renters looking for apartments in Prospect Park. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·9A 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.
East River Terrace goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, East River Terrace receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
East River Terrace 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·6A 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 East River Terrace does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
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.
Reviews from the web
Showing 5 highest rated
Maia, the property manager during my time here, is great. The few maintenance requests I put in for were dealt with immediately. Location is excellent and very quiet neighborhood. If I was not leaving the state then I would have renewed my lease.
Kayla Neys
Mar 22, 2022
Great management team and well cared for units and property.
Sam West
Dec 19, 2023
We’re sharing just 5 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.
East River Terrace 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 East River Terrace compares to other nearby properties.
Positives
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Outdoor space
- Easy access to the outdoors
- Walk-in closet
- More closet space on average
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
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Rent trends in Prospect Park
studio apartments at East River Terrace cost about 26% less than the average rent price for studio apartments in Prospect Park.
Median rents as of Nov 22 2025.
Prospect Park
Minneapolis
| Month | Median Rent |
|---|---|
| December 2023 | $997 |
| 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 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,262 |
| January 2024 | $1,265 |
| February 2024 | $1,237 |
| March 2024 | $1,280 |
| April 2024 | $1,297 |
| May 2024 | $1,300 |
| June 2024 | $1,298 |
| July 2024 | $1,298 |
| August 2024 | $1,280 |
| September 2024 | $1,271 |
| October 2024 | $1,227 |
| November 2024 | $1,295 |
| December 2024 | $1,295 |
| January 2025 | $1,325 |
| February 2025 | $1,294 |
| March 2025 | $1,273 |
| April 2025 | $1,301 |
| May 2025 | $1,324 |
| June 2025 | $1,355 |
| July 2025 | $1,339 |
| August 2025 | $1,254 |
| September 2025 | $1,313 |
| October 2025 | $1,341 |
| November 2025 | $1,346 |
Affordability calculator
Can I afford to live at 2101 East River Terrace #01-203?
Bedrooms
StudioRent-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
$39,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $39,800 annually to afford this studio monthly rent price of $995.
For more information on rent affordability, visit our rent calculator.
Schools near East River Terrace
Pratt Elementary School
66 malcolm ave se
minneapolis, MN, 55414
PK, K-5Public
C+
MPS Metro SJ
932 east 34th st
minneapolis, MN, 55407
K-12Public
Early Childhood Special Education
3320 elliot ave s
minneapolis, MN, 55407
PK, KPublic
B+
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
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Internet available near East River Terrace
Neighborhood
Prospect Park | Minneapolis, MN
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Minneapolis near 2101 East River Terrace #01-203
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 2101 East River Terrace #01-203, Minneapolis
Groceries
2/10
No grocery stores within walking distance
Shopping
4/10
Some shops within walking distance
Cafes
4/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
5/10
At least one elementary school within a 30-minute walk
High schools
5/10
At least one high school within a 30-minute walk
Parks
10/10
Very large amount of park space within a few minutes' walk
Nightlife
3/10
Few or no bars within walking distance
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