Highlights
- Private balcony
- Off-street parking
- Modern amenities
- Indoor bike storage
- Newly renovated
- Personal storage lockers
Location
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Property management
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1501 offers a strong mix of value, convenience, and standout amenities, with a 9.1 Zumper Expert Rating supported by excellent scores for price, location, and quality. It features a private balcony, off-street parking, modern amenities, indoor bike storage, newly renovated spaces, and personal storage lockers, and is especially strong for social life, fitness and wellness, and work-from-home needs.
Things you’ll love
Great for
| 1BR/1.0BA | 1 bed | 1 bath | 550+ sqft | $1,150–$1,195 /mo | 9 units available | FREE amenities, included in rent: Free hi speed wi fi. Minimum 50mps ($50 value) Laundry Machines on every floor ( NO COINS! ) ($25 value) Personal Plant based soaps (Body wash, dish and hand soap) ($20 value) Toilet paper, 100% recycled ($15 value) and Bidet upon request Garden spaces (some with small fee) (Priceless) Car chargers ($100 value) Composters and liners ($10 value) Compostable dog waste bags ($10 value) Metal, textile, lighting, electronics, plastic bag, and styrofoam recycling ($25 value) LED Light bubs ( $2 value) Gym ($15 value) Additional amenities as available and with fee: Off-street parking $85 to $175 Personal storage lockers $5 to $30 depending on location Indoor bike storage $5 Unlimited Metro Bus and Rail Pass $14, These passes are organizational and not available for the public. Rentable electric cars available onsite Ask about special deals for tenants with electric vehicles! Experience the heart of downtown Minneapolis with our eco-friendly properties! Embrace sustainable living in a welcoming community atmosphere with modern amenities, convenient city access, smoke-free buildings and a commitment to green living. With our commitment to the community, we strive to keep our rent affordable for all. Find your ideal home with Green Rock today! Gardeners welcome! We have spaces to grow. Tenant responsibilities: Electricity Owner pays (no tenant fees): Trash Compost Water Internet Gas Learn more about us and schedule a showing ⬃ https www greenrockapts com availability Unit details: Newly renovated, spacious one-bedroom with private balcony and modern amenities. Features ceramic tile kitchen & bath floors, laminate hardwood in living room & bedroom, and high-efficiency laundry on every floor. Located just south of downtown with easy access to restaurants, coffee shops, bars, and music venues. Pet-friendly with management approval, pet deposit, and pet rent. Convenient access to Minneapolis skyway, U.S. Bank Stadium, and light rail lines. This unit is part of the Minneapolis 4D program. This means that rent is economical to households making less than 60% of Area Median Income (AMI). According to these standards, maximum rents for a 1 Bedroom for 2023-2024 is $1,398 and applicants must make less than the following amounts to be eligible (Adjusted gross income on previous tax return): 4D Income limits: You must make less than the following: Household size....60% AMI 1 person………......$55,260 2 people……….....$63,120 3 people……….....$71,040 4 people……….....$78,900 5 people……….....$85,260 More information about the 4D program: https www2 minneapolismn gov government programs-initiatives housing-development-assistance rental-property 4d |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Deck |
| Gas | Patio |
| Trash | Water |
Appliances
| Dishwasher | Full Sized Refrigerator |
| Garbage Disposal |
Tech
| Free Internet | Free WiFi |
| Internet | WiFi |
Building
| EV Charging | Gym |
| Onsite Laundry |
Grounds
| Community Garden | Outdoor Space |
Services
| Composting and Recycling | Gas, Heat and Hot Water |
One-time.
One-time. Refundable.
| Units | 46 |
|---|
FREE amenities, included in rent: Free hi speed wi fi. Minimum 50mps ($50 value) Laundry Machines on every floor ( NO COINS! ) ($25 value) Personal Plant based soaps (Body wash, dish and hand soap) ($20 value) Toilet paper, 100% recycled ($15 value) and Bidet upon request Garden spaces (some with small fee) (Priceless) Car chargers ($100 value) Composters and liners ($10 value) Compostable dog waste bags ($10 value) Metal, textile, lighting, electronics, plastic bag, and styrofoam recycling ($25 value) LED Light bubs ( $2 value) Gym ($15 value) Additional amenities as available and with fee: Off-street parking $85 to $175 Personal storage lockers $5 to $30 depending on location Indoor bike storage $5 Unlimited Metro Bus and Rail Pass $14, These passes are organizational and not available for the public. Rentable electric cars available onsite Ask about special deals for tenants with electric vehicles! Experience the heart of downtown Minneapolis with our eco-friendly properties! Embrace sustainable living in a welcoming community atmosphere with modern amenities, convenient city access, smoke-free buildings and a commitment to green living. With our commitment to the community, we strive to keep our rent affordable for all. Find your ideal home with Green Rock today! Gardeners welcome! We have spaces to grow. Tenant responsibilities: Electricity Owner pays (no tenant fees): Trash Compost Water Internet Gas Learn more about us and schedule a showing ⬃ https www greenrockapts com availability Unit details: Newly renovated, spacious one-bedroom with private balcony and modern amenities. Features ceramic tile kitchen & bath floors, laminate hardwood in living room & bedroom, and high-efficiency laundry on every floor. Located just south of downtown with easy access to restaurants, coffee shops, bars, and music venues. Pet-friendly with management approval, pet deposit, and pet rent. Convenient access to Minneapolis skyway, U.S. Bank Stadium, and light rail lines. This unit is part of the Minneapolis 4D program. This means that rent is economical to households making less than 60% of Area Median Income (AMI). According to these standards, maximum rents for a 1 Bedroom for 2023-2024 is $1,398 and applicants must make less than the following amounts to be eligible (Adjusted gross income on previous tax return): 4D Income limits: You must make less than the following: Household size....60% AMI 1 person………......$55,260 2 people……….....$63,120 3 people……….....$71,040 4 people……….....$78,900 5 people……….....$85,260 More information about the 4D program: https www2 minneapolismn gov government programs-initiatives housing-development-assistance rental-property 4d
How 1501 compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at 1501 cost about 28% less than the average rent price for 1-bedroom apartments in Elliot Park.
| Month | Median Rent |
|---|---|
| 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 | $1,098 |
| January 2026 | $1,079 |
| February 2026 | $1,088 |
| March 2026 | $1,077 |
| April 2026 | $1,032 |
| May 2026 | $1,024 |
| June 2026 | $1,051 |
| Month | Median Rent |
|---|---|
| July 2024 | $741 |
| August 2024 | $815 |
| September 2024 | $736 |
| October 2024 | $715 |
| November 2024 | $714 |
| December 2024 | $812 |
| January 2025 | $794 |
| February 2025 | $719 |
| March 2025 | $718 |
| April 2025 | $765 |
| May 2025 | $762 |
| June 2025 | $861 |
| July 2025 | $844 |
| August 2025 | $907 |
| September 2025 | $844 |
| October 2025 | $844 |
| November 2025 | $840 |
| December 2025 | $913 |
| January 2026 | $885 |
| February 2026 | $890 |
| March 2026 | $892 |
| April 2026 | $895 |
| May 2026 | $892 |
| June 2026 | $1,018 |
Can I afford to live at 1501 Portland Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
$46,000/yr
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