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Highlights

  • Led lighting
  • Stainless appliances
  • Granite countertops
  • Fully renovated apartments
  • Individually controlled heat and air conditioning
  • Built in dishwasher

Location

1605 Hennepin Ave, Minneapolis, MN 55403, USA|Loring Park
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Property Overview

Thompson Flats is a well-rated, recently renovated property with strong value, amenities, and location scores, plus notable finishes like LED lighting, stainless appliances, granite countertops, and individually controlled heat and air conditioning. It may appeal to renters looking for convenient access to restaurants, cultural spots, parks, public transit, coworking options, and wellness spaces, with added appeal from on-site recycling and high-speed internet.

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

8.5
Very Good
With a solid 8.5 out of 10 overall, Thompson Flats is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Thompson Flats has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Middle school nearby
  • Dishwasher
  • Fireplace

Great for

  • Social life
  • Work-from-home
  • Wellness

Floor plans

0BR/1.0BAStudio1 bath413 sqftThe Thompson Flats were built in 1900. We fully renovated all 12 apartments in 2018 while preserving their unique historic character. Apartment 24 has its own individually controlled heat and air conditioning, refinished hardwood floors and woodwork, and Valor gas fireplace. The updated bathroom features a glass door with ceramic tile shower and in-floor ceramic tile heat. The kitchen includes granite countertops and stainless appliances with a built in dishwasher. The apartment has Marvin thermal windows and LED lighting for energy efficiency. The Thompson Flats are located across the street from the Basilica and a half block from Loring Park. There is an additional charge of $40 per month for the apartment's dedicated Wi-Fi internet service from the building's US Internet fiber connection and trash. Ramp parking is available for $100 per month. Visit www fletchermn com for more details.

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$1,324

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Laurel Village Apartments

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Loring Park • 1254 Hennepin Avenue

Studio

$1,100

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Tree Tops Apartments

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CARAG • 3535 Bryant Ave S

Studio

$1,050

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Studio

$1,299

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Downtown West • 115 2nd Ave S

Studio

$1,187–$1,316

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St. Anthony West • 110 6th Ave Ne

Studio

$1,187–$1,306

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$1,049

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Rent trends in Loring Park

Median rents as of Jul 25 2026.
Loring Park
Minneapolis
A table of studio rental data trends in Minneapolis
MonthMedian Rent
August 2024$1,086
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$1,032
May 2026$1,024
June 2026$1,051
July 2026$1,046
A table of studio rental data trends in Loring Park
MonthMedian Rent
August 2024$885
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$848
January 2026$872
February 2026$895
March 2026$898
April 2026$898
May 2026$899
June 2026$896
July 2026$884

Schools near Thompson Flats

River Bend Educational Center

1510 glenwood ave s

minneapolis, MN, 55405

K-12Public

Justice Alan Page Elementary School

999 nofound st

nofoundcity, MN, 88888

PK, K-5Public

Kenwood Elementary School

2013 penn ave s

minneapolis, MN, 55405

K-5Public
B

MPS Online K-5

1250 west broadway ave

minneapolis, MN, 55411

K-5Public
C+

MPS Metro HA

932 e. 34th st.

minneapolis, MN, 55407

K-12Public
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Internet available near Thompson Flats

Getting around Minneapolis near 1605 Hennepin Ave

Walking

8/10
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.

Transit

8/10
Popular public transit options are just a short walk from this location.

Points of interest for 1605 Hennepin Ave, Minneapolis

Groceries

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

Shopping

8/10
Variety of shops within a few minutes' walk

Cafes

7/10
Variety of cafés within walking distance

Restaurants

8/10
Variety of restaurants within walking distance

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

10/10
At least one high school within a 5-minute walk

Parks

9/10
Large amount of park space nearby

Nightlife

7/10
Variety of bars within walking distance

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