2 Days Ago
Location
811 E Lake St, Minneapolis, MN 55407, USA|Powderhorn Park
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Property Overview
811 East Lake Street has received a favorable expert rating on Zumper, highlighting its strong rental potential. It offers several advantages, including a desirable location, access to local amenities, and potential appeal for various lifestyles. Notable features further enhance its attractiveness, contributing to a well-rounded investment opportunity.
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
High school nearby- Images Available
Great for
Eco living
Social life
Floor plans
| 811 East Lake Street - 403 | Studio | 1 bath | 463 sqft | $1,200 /mo |
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Policies and fees
Applicants
Application Fee
One-time. Agent application fee.
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REQUIRED FEES
Security Deposit
One-time.
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Building details
Property details
| Units | 1 |
|---|
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About 811 East Lake Street
811 East Lake Street cost $1,200 per month. Located at 811 E Lake St, Minneapolis, MN 55407, USA, 811 East Lake Street has studio bedroom units available. Based on the average rent price of studio in Minneapolis, renting an apartment at 811 East Lake Street is 10% more expensive per month.Other apartment buildings in or around Minneapolis include but are not limited to: 7620 Penn Ave S, 1955 West Old Shakopee Road, 3535 Bryant Avenue South, 845 Cleveland Avenue South
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, 811 East Lake Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 811 East Lake Street has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
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.
811 East Lake Street 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·8A 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.
With multiple in-demand amenities, 811 East Lake Street is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
811 East Lake Street 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 811 East Lake Street does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
811 East Lake Street provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
811 East Lake Street 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 811 East Lake Street compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.3 mile away
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
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Rent trends in Powderhorn Park
studio apartments at 811 East Lake Street cost about 24% more than the average rent price for studio apartments in Powderhorn Park.
Median rents as of Dec 13 2025.
Powderhorn Park
Minneapolis
| Month | Median Rent |
|---|---|
| December 2023 | $999 |
| 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 | $1,097 |
| Month | Median Rent |
|---|---|
| February 2024 | $895 |
| March 2024 | $895 |
| December 2024 | $965 |
| January 2025 | $965 |
| February 2025 | $965 |
| March 2025 | $965 |
| April 2025 | $965 |
Affordability calculator
Can I afford to live at 811 E Lake St?
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
$48,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $48,000 annually to afford this studio monthly rent price of $1,200.
For more information on rent affordability, visit our rent calculator.
Schools near 811 East Lake Street
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
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 811 East Lake Street
Getting around Minneapolis near 811 E Lake St
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
8/10
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
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 811 E Lake St, 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 a few minutes' walk
Primary schools
9/10
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
8/10
Large amount of park space nearby
Nightlife
5/10
Some bars within walking distance
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