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This property at 1501 earns a commendable Zumper expert rating of 9.1, highlighting its modern amenities and competitive pricing. With a perfect amenities score of 10, the newly renovated space includes a private patio and pet-friendly policies. Additionally, its prime location offers exceptional access to local dining, recreation, and wellness options, making it an appealing choice for those seeking an active lifestyle and a trusted living environment.
Things you’ll love
Outdoor spaceGreat for
Social life
Wellness
Work-from-home| 1BR/1.0BA | 1 bed | 1 bath | 600 sqft | $1,175 /mo | 1 unit available | Experience the heart of downtown Minneapolis with our eco-friendly properties! Embrace sustainable living in a welcoming community atmosphere with modern amenities, convenient city access, smoke-free buildings and a commitment to green living. With our commitment to the community, we strive to keep our rent affordable for all. Find your ideal home with Green Rock today! Learn more about us and schedule a showing ⬃ https www greenrockapts com availability Tenants only pay for Electric Utility: Average is 30$ per month. Enjoy these FREE amenities: ~Wifi ~In-building laundry facilities (no coins required) ~Unlimited Metro Transit bus/light rail pass (additional passes just $14/mo) ~Gym ~Locally sourced soaps (laundry, hand/body, tub/tile) ~Eco-friendly toilet paper, LED light bulbs, compostable pet waste bags ~Personal composter with bags ~6 supplemental recycling bins (electronics, plastic bags, styrofoam, etc.) ~Electric vehicle charging stations ~Bike storage room with maintenance rack ~Garden spaces Additional amenities with fee: ~Storage lockers ~Additional Community garden plots ~Off-street parking (All are subject to availability) Tenant responsibilities: Electricity Owner pays (no tenant fees): Trash & compost, water, internet Unit details: Newly renovated, spacious one-bedroom with private patio 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): $52,200 for one person $59,640 for two people $67,080 for three people More information about the 4D program: https www2 minneapolismn gov government programs-initiatives housing-development-assistance rental-property 4d |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Deck |
| Patio | Trash |
Appliances
| Full Sized Refrigerator | Garbage Disposal |
| Induction Cooktop |
Tech
| Free WiFi | Internet |
Services
| Composting and Recycling | Gas, Heat and Hot Water |
| Units | 45 |
|---|
Experience the heart of downtown Minneapolis with our eco-friendly properties! Embrace sustainable living in a welcoming community atmosphere with modern amenities, convenient city access, smoke-free buildings and a commitment to green living. With our commitment to the community, we strive to keep our rent affordable for all. Find your ideal home with Green Rock today! Learn more about us and schedule a showing ⬃ https www greenrockapts com availability Tenants only pay for Electric Utility: Average is 30$ per month. Enjoy these FREE amenities: ~Wifi ~In-building laundry facilities (no coins required) ~Unlimited Metro Transit bus/light rail pass (additional passes just $14/mo) ~Gym ~Locally sourced soaps (laundry, hand/body, tub/tile) ~Eco-friendly toilet paper, LED light bulbs, compostable pet waste bags ~Personal composter with bags ~6 supplemental recycling bins (electronics, plastic bags, styrofoam, etc.) ~Electric vehicle charging stations ~Bike storage room with maintenance rack ~Garden spaces Additional amenities with fee: ~Storage lockers ~Additional Community garden plots ~Off-street parking (All are subject to availability) Tenant responsibilities: Electricity Owner pays (no tenant fees): Trash & compost, water, internet Unit details: Newly renovated, spacious one-bedroom with private patio 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): $52,200 for one person $59,640 for two people $67,080 for three people 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 10% less than the average rent price for 1-bedroom apartments in Elliot Park.
| Month | Median Rent |
|---|---|
| November 2023 | $1,000 |
| 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 | $1,033 |
| September 2025 | $1,019 |
| October 2025 | $993 |
| November 2025 | $989 |
| Month | Median Rent |
|---|---|
| November 2023 | $893 |
| December 2023 | $911 |
| January 2024 | $853 |
| February 2024 | $823 |
| March 2024 | $977 |
| April 2024 | $827 |
| May 2024 | $716 |
| June 2024 | $838 |
| 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 | $844 |
Can I afford to live at 1501 Portland Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
$47,000/yr
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$1,440–$1,515
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$1,199–$1,450
Loring Park • 1254 Hennepin Avenue
Studio–1 Bed
$1,095–$1,450
Columbia Heights • 1230 Cheri Lane Northeast
1–2 Beds
$1,150–$1,450
Oak Hill • 7400 Oak Park Village Dr
1 Bed
$1,440–$1,515
Merriam Park East • 455 Snelling Ave N
Studio–1 Bed
$1,121–$1,356
Brooklyn Center • 3907 65th Ave N
Studio–2 Beds
$1,087–$1,295
Highland • 845 Cleveland Avenue South
1 Bed
$1,199–$1,450
