Zumper
modified
20 Hours Ago

Highlights

  • Pet Friendly
  • Spacious floor plans
  • Upgraded apartments
  • Quality living
  • Ample storage space
  • Modern apartments
  • Boutique apartments

Location

3126 Minnehaha Ave, Minneapolis, MN 55406, USA|Longfellow
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Contact

Management

LAUREL APARTMENTS

Leasing office

(952) 900-6786

Property Overview

Olive Apartments receives a strong Zumper expert rating of 8.3 out of 10, highlighting its excellent balance of price and value with a price rating of 9. Notable features include spacious, modern floor plans and ample storage, complemented by a commendable amenities rating of 8. The property is well-located, achieving a rating of 9 for convenience to popular areas and quality of life, while also demonstrating trustworthiness with a score of 8, supported by detailed descriptions and numerous photos for prospective renters.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, Olive Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Olive Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • Images Available

Floor plans

LaytonStudio1 bath382 sqft$1,225 /mo1 unit available
Olive1 bed1 bath411 sqft$1,365 /mo1 unit available
Heath1 bed1 bath509 sqft$1,525–$1,565 /mo2 units available
Reed1 bed1 bath521 sqft$1,525 /mo1 unit available
Holly2 bed1 bath675 sqft$2,025–$2,065 /mo2 units available

Let's explore this property.

Amenities for Olive Apartments

Building

Cats OKDogs OK
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

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units44
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About Olive Apartments

HomeApartments in MinneapolisLongfellow Olive Apartments

Now Leasing for Laurel and Olive communities! Laurel & Olive is a place to put down roots. Nestled in the popular Longfellow neighborhood, Laurel & Olive offers comfortable, quality, and eco-conscious living in one of the most well-connected areas of Minneapolis. Laurel & Olive's second building, Olive, offers eight unique and spacious floor plans. Each offers warm industrial aesthetics and convenient custom spaces, all designed with the earth in mind. Olive features 44 brand-new boutique apartments that are modern, quiet, and sustainable. Each is upgraded with custom closets, ample storage space, modern black Marvin windows, luxury flooring, and designer lighting fixtures. We'd would love to schedule you a tour of either Laurel or Olive communities!


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.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, Olive Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Olive Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Olive Apartments
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.
Olive Apartments 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, Olive Apartments 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.
Olive Apartments 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·7A 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 it may not have as many distinctive features as similar properties in the surrounding area, renters can trust Olive Apartments to provide reasonable accomodations and accurate details about its community.
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.

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 Olive Apartments compares to other nearby properties.

Positives

High school nearby
There is a high school 0.2 mile away
Images Available
There are at least 10 photos of this address

Considerations

No laundry facilities available
This property doesn't offer on-site or in-unit washers and dryers

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Rent trends in Longfellow

Studio apartments at Olive Apartments cost about 10% more than the average rent price for studios in Longfellow.

1-bedroom apartments here are priced 35% higher than 1-bedrooms in Longfellow.

If you decide to upgrade your space, you can expect 2-bedrooms at Olive Apartments to be 7% more than the average for similarly sized apartments in Longfellow.

Median rents as of Mar 14 2026.
Longfellow
Minneapolis
A table of studio rental data trends in Minneapolis
MonthMedian Rent
March 2024$1,025
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$1,098
January 2026$1,079
February 2026$1,088
March 2026$1,084
A table of studio rental data trends in Longfellow
MonthMedian Rent
April 2024$1,095
May 2024$1,095
March 2025$1,111

Affordability calculator

Can I afford to live at 3126 Minnehaha Ave?

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

$49,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $49,000 annually to afford this studio monthly rent price of $1,225.
For more information on rent affordability, visit our rent calculator.

Schools near Olive Apartments

Folwell Elementary

3611 20th ave s

minneapolis, MN, 55407

PK, K-5Public
C

Howe Elementary School

3733 43rd ave s

minneapolis, MN, 55406

3-5Public
B

MPS Metro SJ

932 east 34th st

minneapolis, MN, 55407

K-12Public

Early Childhood Special Education

3320 elliot ave s

minneapolis, MN, 55407

PK, KPublic
B+

Hiawatha Elementary School

4201 42nd ave s

minneapolis, MN, 55406

K-2Public
C+
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Internet available near Olive Apartments

Getting around Minneapolis near 3126 Minnehaha Ave

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

6/10
Popular public transit options are just a short walk from this location.

Points of interest for 3126 Minnehaha Ave, Minneapolis

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

6/10
Variety of shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

6/10
Variety of restaurants within walking distance

Primary schools

8/10
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

7/10
Moderate amount of park space nearby

Nightlife

4/10
Few or no bars within walking distance

Explore the area around 3126 Minnehaha Ave

ALDI
2929 27th Ave S
Family Foods
3469 Minnehaha Ave
Cub
2850 26th Ave S
La Alborada Market
1855 E Lake St
Tare Market
2717 E 38th St

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