1 Hour Ago
Location
2829 Park Ave, Minneapolis, MN 55407, USA|Phillips
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Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 721 sqft | $1,049 /mo | 1 unit available | 1 bedroom apartment available for October New bathroom tile renovation Re-finished hardwood floors New vinyl kitchen flooring Large walk in bedroom closet Free storage locker Month to month lease Rent is $1,049 Deposit $1,040 $45 application fee Resident pays electric Resident pays an allocated amount of the water and gas bill for the building, averaging $60-70/month Cat Friendly (Up to 2 allowed, no fees) Shared laundry room on garden level Visit our website at www bmgMNrentals com For more information or to schedule a showing, please call or text us at 612-281-3317 |
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Building details
Property details
| Units | 16 |
|---|
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About Balfour Apartments
1 bedroom apartment available for October New bathroom tile renovation Re-finished hardwood floors New vinyl kitchen flooring Large walk in bedroom closet Free storage locker Month to month lease Rent is $1,049 Deposit $1,040 $45 application fee Resident pays electric Resident pays an allocated amount of the water and gas bill for the building, averaging $60-70/month Cat Friendly (Up to 2 allowed, no fees) Shared laundry room on garden level Visit our website at www bmgMNrentals com For more information or to schedule a showing, please call or text us at 612-281-3317
Balfour Apartments 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 Balfour Apartments compares to other nearby properties.
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Phillips
1-bedroom apartments at Balfour Apartments cost about 25% less than the average rent price for 1-bedroom apartments in Phillips.
Median rents as of Aug 30 2025.
Phillips
Minneapolis
| Month | Median Rent |
|---|---|
| September 2023 | $1,048 |
| October 2023 | $1,072 |
| November 2023 | $1,056 |
| December 2023 | $994 |
| 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 | $1,022 |
| Month | Median Rent |
|---|---|
| September 2023 | $899 |
| October 2023 | $899 |
| November 2023 | $930 |
| December 2023 | $906 |
| January 2024 | $900 |
| February 2024 | $917 |
| March 2024 | $955 |
| April 2024 | $908 |
| November 2024 | $965 |
| December 2024 | $982 |
| January 2025 | $1,000 |
| April 2025 | $862 |
| May 2025 | $890 |
| June 2025 | $900 |
| July 2025 | $1,022 |
| August 2025 | $1,059 |
Affordability calculator
Can I afford to live at 2829 Park Ave?
Bedrooms
1 bedroomRent-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
$41,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $41,960 annually to afford this 1-bedroom monthly rent price of $1,049.
For more information on rent affordability, visit our rent calculator.
Schools near Balfour Apartments
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
Ella Baker Global Studies and Humanities School
1200 w 26th st
minneapolis, MN, 55405
PK, K-8Public
C
River Bend Educational Center
1510 glenwood ave s
minneapolis, MN, 55405
K-12Public
MPS Metro HA
932 e. 34th st.
minneapolis, MN, 55407
K-12Public
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Internet available near Balfour Apartments
Getting around Minneapolis near 2829 Park Ave
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
8/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 2829 Park Ave, Minneapolis
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
7/10
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
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
7/10
Moderate amount of park space nearby
Nightlife
5/10
Some bars within walking distance
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