Zumper
modified
5 Hours Ago

Highlights

  • Dishwasher
  • On-site laundry
  • Large windows
  • Updated appliances
  • Easy access to highways
  • No-smoking building

Location

728 East 16th Street, Minneapolis, Minnesota 55404, United States|Elliot Park
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Tour 728 East 16th Street (New Town)

Contact

Management

Minnesota Apartments LLC

Leasing office

(612) 886-3484

Property Overview

The property at 728 East 16th Street offers a strong overall rating of 8.6, reflecting its competitive pricing and an excellent balance of amenities, location, and quality. Notable features include updated appliances, large windows, and on-site laundry, making it a standout choice for those seeking convenience and a vibrant lifestyle. With its proximity to various parks, restaurants, and work-from-home resources, it provides an engaging environment for both social and professional pursuits.

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

8.6
Very Good
With a solid 8.6 out of 10 overall, 728 East 16th Street (New Town) is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 728 East 16th Street (New Town) has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • Middle school nearby
  • More space

Great for

  • Wellness
  • Social life
  • Work-from-home

Floor plans

3BR/1.0BA3 bed1 bath1,000 sqft$1,300 /mo1 unit availableThis spacious 3 bedroom/1 bathroom apartment features an open floor plan with soaring 10+ foot ceilings, offering a bright and modern atmosphere. The apartment features two floors, ideal for maintaining privacy! Big bay windows allow lots of natural sunlight in this living room, and it also enjoys a separate dining area! Convenient on-site laundry adds to the ease of living. Located in a newly renovated historic building in downtown Minneapolis, this apartment offers updated appliances including a dishwasher. The spacious living area features large windows that flood the space with natural light. Just minutes from top attractions and with easy access to major highways, this is the perfect spot for those seeking convenience and modern living. Make this beautiful space your new home today! Renters insurance and proof of utility transfer are required before move-in. This is a no-smoking building. Don’t miss this ideal blend of space, location, and convenience. Schedule a tour today! Market Rent: $1,300/Month Gas & Trash: $110/month Electric: Tenant Paid Water: Tenant Paid Utility Admin Fee: $8/month Other Fees: $50 - Application Fee, per Adult $1,300 - Security Deposit $125 - Move-In Admin Fee $50 - Pet Rent, if applicable $450 - Pet Fee, if applicable $50 - Parking Spot, if applicable Deposit is equal to one month's rent. Application requires a nonrefundable $50 fee. It is a smoke-fee community. Renters insurance and proof of utility transfer are required before move in. Application link can be found here: mnapts. com vacancies Equal Housing Opportunity.

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Amenities for 728 East 16th Street (New Town)

Building

Onsite Laundry

Grounds

Parking Lot
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

Building details

Property details

Units12
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About 728 East 16th Street (New Town)

HomeApartments in MinneapolisElliot Park 728 East 16th Street (New Town)

This spacious 3 bedroom/1 bathroom apartment features an open floor plan with soaring 10+ foot ceilings, offering a bright and modern atmosphere. The apartment features two floors, ideal for maintaining privacy! Big bay windows allow lots of natural sunlight in this living room, and it also enjoys a separate dining area! Convenient on-site laundry adds to the ease of living. Located in a newly renovated historic building in downtown Minneapolis, this apartment offers updated appliances including a dishwasher. The spacious living area features large windows that flood the space with natural light. Just minutes from top attractions and with easy access to major highways, this is the perfect spot for those seeking convenience and modern living. Make this beautiful space your new home today! Renters insurance and proof of utility transfer are required before move-in. This is a no-smoking building. Don’t miss this ideal blend of space, location, and convenience. Schedule a tour today! Market Rent: $1,300/Month Gas & Trash: $110/month Electric: Tenant Paid Water: Tenant Paid Utility Admin Fee: $8/month Other Fees: $50 - Application Fee, per Adult $1,300 - Security Deposit $125 - Move-In Admin Fee $50 - Pet Rent, if applicable $450 - Pet Fee, if applicable $50 - Parking Spot, if applicable Deposit is equal to one month's rent. Application requires a nonrefundable $50 fee. It is a smoke-fee community. Renters insurance and proof of utility transfer are required before move in. Application link can be found here: mnapts. com vacancies Equal Housing Opportunity.


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.
8.6
/10
Very Good
With a solid 8.6 out of 10 overall, 728 East 16th Street (New Town) is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 728 East 16th Street (New Town) has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated 728 East 16th Street (New Town)
Price·8A 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.
Scoring a 8/10, 728 East 16th Street (New Town) is a great option for renters looking for apartments in Elliot Park. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·9A 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.
728 East 16th Street (New Town) goes above and beyond to provide sought-after conveniences and desirable perks, including onsite laundry. Renters looking for popular or luxurious features will find them here—and for that reason, 728 East 16th Street (New Town) receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
728 East 16th Street (New Town) 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·9A 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.
728 East 16th Street (New Town) has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

728 East 16th Street (New Town) is great for:

Wellness

  • Ample windows and natural lighting
  • 113 parks nearby
  • 8 farmers markets or health food stores nearby
  • 29 sports facilities (like tennis courts) nearby

Social life

  • 398 restaurants within 1 mile of this property
  • 181 museums, art galleries, or cultural centers within 1 mile
  • 82 local event hubs within 1 mile
  • Area has 113 parks and recreation options

Work-from-home

  • Large windows for natural lighting
  • 6 office supply stores within 1 mile
  • 16 coworking spaces or cafes within 1 mile
  • 6 internet service provider options nearby

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 728 East 16th Street (New Town) compares to other nearby properties.

Positives

Less expensive
The 3-bedrooms are cheaper than other similar listings nearby
Middle school nearby
There is a middle school 1 mile away
More space
The 3-bedroom is 100 sqft larger than other listings nearby

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Greater distance from high schools
The nearest high school is farther than 1 mile away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Elliot Park

3-bedroom apartments at 728 East 16th Street (New Town) cost about 51% less than the average rent price for 3-bedroom apartments in Elliot Park.

Median rents as of Dec 13 2025.
Elliot Park
Minneapolis
A table of studio rental data trends in Minneapolis
MonthMedian 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
A table of studio rental data trends in Elliot Park
MonthMedian Rent
December 2023$960
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$840
December 2025$932

Affordability calculator

Can I afford to live at 728 East 16th Street?

Bedrooms

3 bedrooms

Rent-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

$52,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $52,000 annually to afford this 3-bedrooms monthly rent price of $1,300.
For more information on rent affordability, visit our rent calculator.

Schools near 728 East 16th Street (New Town)

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

MPS Metro HA

932 e. 34th st.

minneapolis, MN, 55407

K-12Public

River Bend Educational Center

1510 glenwood ave s

minneapolis, MN, 55405

K-12Public

Kenwood Elementary School

2013 penn ave s

minneapolis, MN, 55405

K-5Public
B
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Internet available near 728 East 16th Street (New Town)

Getting around Minneapolis near 728 East 16th Street

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

5/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 728 East 16th Street, Minneapolis

Groceries

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

Shopping

7/10
Variety of shops within walking distance

Cafes

7/10
Variety of 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

8/10
Large amount of park space nearby

Nightlife

7/10
Variety of bars within walking distance

Explore the area around 728 East 16th Street

Elliot Park Grocery
1600 Chicago Ave
Midwest Market
2000 Portland Ave
ALDI
1311 E Franklin Ave
Third Avenue Foods
1905 3rd Ave S
Gulet Daily Grocery
922 E 24th St

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