5+ Days Ago
Highlights
- Professionally managed
- No smoking
Location
729 E 16th St, Minneapolis, MN 55404, USA|Elliot Park
Hi! Let’s figure out if this property is right for you.
Powered by Zumper AI
Nearby rentals
Renter hub
Property management
Apartments for rent MinneapolisApartments for rent St. PaulApartments for rent BloomingtonApartments for rent PlymouthApartments for rent River FallsApartments for rent ComoApartments for rent ExcelsiorApartments for rent EaganApartments for rent DinkytownApartments for rent White Bear LakeApartments for rent White Bear LakeApartments for rent New RichmondApartments for rent MaplewoodApartments for rent Maplewood - OakdaleApartments for rent Plymouth - WayzataApartments Near Me
Houses for rent St. PaulHouses for rent MinneapolisHouses for rent Summit HillHouses for rent PlymouthHouses for rent EdinaHouses for rent Summit - UniversityHouses for rent Linden HillsHouses for rent MinnetonkaHouses for rent Elliot ParkHouses for rent Columbia HeightsHouses for rent Downtown WestHouses for rent Columbia HeightsHouses for rent EaganHouses for rent WhittierHouses for rent HopkinsHouses for rent near me
Property Overview
729 East 16th Street offers strong overall value with an expert rating of 8.1/10, highlighted by excellent pricing (9/10), convenient location (9/10), and high trustworthiness (8/10) in its detailed listing and professional management. With an 8/10 amenities rating, no-smoking policy, and value per square foot in the 94.44th percentile locally, it delivers a compelling living experience. It is especially appealing for an active social life, surrounded by abundant parks, restaurants, cultural venues, and local event hubs, and is supported by extensive photos to showcase the property.
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
More space- Middle school nearby
- Images Available
Great for
Social life
Floor plans
| 729 East 16th Street - 4 | 1 bed | 1 bath | 480 sqft | $1,155 /mo | Welcome home to 729 East 16th Street – Unit 4, Minneapolis, MN 55404 Step into a cozy and well-kept 1-bedroom, 1-bathroom apartment where comfort meets convenience. This unit is perfect for city living, with practical spaces that make everyday routines easy. Just a short walk to Elliot Park, local shops, restaurants, and transit options that connect you quickly to downtown Minneapolis. water/sewer/gas included in the rent! Section 8 Approved! No Smoking! Ask about our Rent Concessions! -Professionally Managed by Algo Realty Inc. *Beyond Backgrounds Financial Assurance May Be Required* | ||
| 729 East 16th Street - 1 | 1 bed | 1 bath | 1,050 sqft | $1,195 /mo | Welcome home to 729 East 16th Street – Unit 1, Minneapolis, MN 55404 This 1-bedroom, 1-bathroom apartment offers approximately 1050 sq ft of inviting space within a classic low-rise building. The unit provides a comfortable setting that's easy to personalize and settle into from the start. Set in the Elliot Park neighborhood, you're just minutes from downtown Minneapolis, with nearby access to Elliot Park, Peavey Park, and everyday dining and shopping along Franklin Avenue and Chicago Avenue. Public transit and major roadways are conveniently close, making commuting simple. Water/Sewer/Gas included in the rent! If you apply by 4/15 and you're approved and move into the property, a one-time credit of $250 will be applied to your ledger. Section 8 Approved! No Smoking! Ask about our Rent Concessions! -Professionally Managed by Algo Realty Inc. *Beyond Backgrounds Financial Assurance May Be Required* | ||
| 729 East 16th Street - 11 | 1 bed | 1 bath | 1,050 sqft | $1,195 /mo | Welcome home to 729 East 16th Street – Unit 11, Minneapolis, MN 55404 This 1-bedroom, 1-bathroom apartment offers approximately 1050 sq ft of inviting space within a classic low-rise building. The unit provides a comfortable setting that's easy to personalize and settle into from the start. Set in the Elliot Park neighborhood, you're just minutes from downtown Minneapolis, with nearby access to Elliot Park, Peavey Park, and everyday dining and shopping along Franklin Avenue and Chicago Avenue. Public transit and major roadways are conveniently close, making commuting simple. Water/Sewer/Gas included in the rent! If you apply by 4/15 and you're approved and move into the property, a one-time credit of $250 will be applied to your ledger. Section 8 Approved! No Smoking! Ask about our Rent Concessions! -Professionally Managed by Algo Realty Inc. *Beyond Backgrounds Financial Assurance May Be Required* | ||
| 729 East 16th Street - 8 | 1 bed | 1 bath | 1,050 sqft | $1,195 /mo | Welcome home to 729 East 16th Street – Unit 8, Minneapolis, MN 55404 This 1-bedroom, 1-bathroom apartment offers approximately 1050 sq ft of inviting space within a classic low-rise building. The unit provides a comfortable setting that's easy to personalize and settle into from the start. Set in the Elliot Park neighborhood, you're just minutes from downtown Minneapolis, with nearby access to Elliot Park, Peavey Park, and everyday dining and shopping along Franklin Avenue and Chicago Avenue. Public transit and major roadways are conveniently close, making commuting simple. Water/Sewer/Gas included in the rent! If you apply by 4/15 and you're approved and move into the property, a one-time credit of $250 will be applied to your ledger. Section 8 Approved! No Smoking! Ask about our Rent Concessions! -Professionally Managed by Algo Realty Inc. *Beyond Backgrounds Financial Assurance May Be Required* | ||
| 729 East 16th Street - 5 | 1 bed | 1 bath | 1,050 sqft | $1,195 /mo | Welcome home to 729 East 16th Street – Unit 5, Minneapolis, MN 55404 This 1-bedroom, 1-bathroom apartment offers approximately 1050 sq ft of inviting space within a classic low-rise building. The unit provides a comfortable setting that's easy to personalize and settle into from the start. Set in the Elliot Park neighborhood, you're just minutes from downtown Minneapolis, with nearby access to Elliot Park, Peavey Park, and everyday dining and shopping along Franklin Avenue and Chicago Avenue. Public transit and major roadways are conveniently close, making commuting simple. Water/Sewer/Gas included in the rent! If you apply by 4/15 and you're approved and move into the property, a one-time credit of $250 will be applied to your ledger. Section 8 Approved! No Smoking! Ask about our Rent Concessions! -Professionally Managed by Algo Realty Inc. *Beyond Backgrounds Financial Assurance May Be Required* |
Let's explore this property.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Units | 5 |
|---|
Advertisement
About 729 East 16th Street
Welcome home to 729 East 16th Street – Unit 8, Minneapolis, MN 55404 This 1-bedroom, 1-bathroom apartment offers approximately 1050 sq ft of inviting space within a classic low-rise building. The unit provides a comfortable setting that's easy to personalize and settle into from the start. Set in the Elliot Park neighborhood, you're just minutes from downtown Minneapolis, with nearby access to Elliot Park, Peavey Park, and everyday dining and shopping along Franklin Avenue and Chicago Avenue. Public transit and major roadways are conveniently close, making commuting simple. Water/Sewer/Gas included in the rent! If you apply by 4/15 and you're approved and move into the property, a one-time credit of $250 will be applied to your ledger. Section 8 Approved! No Smoking! Ask about our Rent Concessions! -Professionally Managed by Algo Realty Inc. *Beyond Backgrounds Financial Assurance May Be Required*
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.
8.1
/10
Very GoodWith a solid 8.1 out of 10 overall, 729 East 16th Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 729 East 16th 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.
729 East 16th 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, 729 East 16th 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.
729 East 16th 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 729 East 16th 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·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.
729 East 16th 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 729 East 16th Street compares to other nearby properties.
Positives
- More space
- The 1-bedroom is 274 sqft larger than other listings nearby
- Middle school nearby
- There is a middle school 1 mile away
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Elliot Park
1-bedroom apartments here are priced 1% lower than 1-bedrooms in Elliot Park.
Median rents as of May 9 2026.
Elliot Park
Minneapolis
| Month | Median Rent |
|---|---|
| May 2024 | $1,099 |
| 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 | $1,098 |
| January 2026 | $1,079 |
| February 2026 | $1,088 |
| March 2026 | $1,077 |
| April 2026 | $1,032 |
| May 2026 | $1,022 |
| Month | Median Rent |
|---|---|
| May 2024 | $717 |
| 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 | $913 |
| January 2026 | $885 |
| February 2026 | $890 |
| March 2026 | $892 |
| April 2026 | $895 |
| May 2026 | $895 |
Affordability calculator
Can I afford to live at 729 E 16th St?
Bedrooms
1 bedroomRent-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
$47,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $47,800 annually to afford this 1-bedroom median monthly rent price of $1,195.
For more information on rent affordability, visit our rent calculator.
Schools near 729 East 16th Street
Justice Alan Page Elementary School
999 nofound st
nofoundcity, MN, 88888
PK, K-5Public
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
Advertisement
Internet available near 729 East 16th Street
Getting around Minneapolis near 729 E 16th St
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
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 729 E 16th St, Minneapolis
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
7/10
Several cafés within a few minutes’ walk
Restaurants
8/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 5-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
Several bars within a few minutes’ walk
Compare similar properties nearby
Laurel Village Apartments
Our team has verified this companyLoring Park • 1254 Hennepin Avenue
Studio–2 Beds
$1,100–$2,300
- dogs and cats ok
- in-unit laundry
- on-site laundry
Northview Commons
Our team has verified this companyColumbia Heights • 1230 Cheri Lane Northeast
1–3 Beds
$1,175–$1,725
- dogs and cats ok
- in-unit laundry
- on-site laundry
Somerset Oaks Apartments and Townhomes
Our team has verified this companyOak Hill • 7400 Oak Park Village Dr
1–3 Beds
$1,515–$2,405
- dogs and cats ok
- in-unit laundry
- on-site laundry
- dogs and cats ok
- in-unit laundry
- on-site laundry
Pivot Apartments
Our team has verified this companyMerriam Park East • 455 Snelling Ave N
Studio–3 Beds
$1,163–$1,678
- dogs and cats ok
- in-unit laundry
- on-site laundry
Highland Village Apartments
Our team has verified this companyHighland • 845 Cleveland Avenue South
1–2 Beds
$1,325–$1,850
- dogs and cats ok
- in-unit laundry
- on-site laundry
- dogs and cats ok
- in-unit laundry
- on-site laundry
Tree Tops Apartments
Our team has verified this companyCARAG • 3535 Bryant Ave S
Studio–1 Bed
$1,050–$1,540
- dogs and cats ok
- in-unit laundry
- on-site laundry
Laurel Village Apartments
Our team has verified this companyLoring Park • 1254 Hennepin Avenue
Studio–2 Beds
$1,100–$2,300
- dogs and cats ok
- in-unit laundry
- on-site laundry
Northview Commons
Our team has verified this companyColumbia Heights • 1230 Cheri Lane Northeast
1–3 Beds
$1,175–$1,725
- dogs and cats ok
- in-unit laundry
- on-site laundry
Somerset Oaks Apartments and Townhomes
Our team has verified this companyOak Hill • 7400 Oak Park Village Dr
1–3 Beds
$1,515–$2,405
- dogs and cats ok
- in-unit laundry
- on-site laundry
- dogs and cats ok
- in-unit laundry
- on-site laundry
Pivot Apartments
Our team has verified this companyMerriam Park East • 455 Snelling Ave N
Studio–3 Beds
$1,163–$1,678
- dogs and cats ok
- in-unit laundry
- on-site laundry
Highland Village Apartments
Our team has verified this companyHighland • 845 Cleveland Avenue South
1–2 Beds
$1,325–$1,850
- dogs and cats ok
- in-unit laundry
- on-site laundry
- dogs and cats ok
- in-unit laundry
- on-site laundry
Tree Tops Apartments
Our team has verified this companyCARAG • 3535 Bryant Ave S
Studio–1 Bed
$1,050–$1,540
- dogs and cats ok
- in-unit laundry
- on-site laundry