Zumper
modified
5+ Days Ago

Highlights

  • On-site laundry
  • On-site parking available
  • Spacious living
  • Pet friendly
  • Convenient urban location
  • Hardwood & tile flooring

Location

318 8th Ave Se, Minneapolis, MN 55414, USA|Marcy - Holmes
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Management

Millennium Management, LLC

Leasing office

(612) 703-7286

Property Overview

318 8th Ave SE earns a strong 7.9/10 overall from Zumper, with especially high marks for location, amenities, and price-to-value. It offers on-site laundry, available parking, spacious living, pet-friendly living, and hardwood and tile flooring in a convenient urban setting, while its value for money ranks in the 94.87th percentile compared with nearby properties.

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

7.9
Very Good
318 8th Ave SE is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Trustworthiness, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • Less expensive

Great for

  • Social life

Floor plans

0BR/1.0BAStudio1 bath$790–$850 /mo2 units availableStudio apartment available at 318 8th Ave SE, conveniently located close to the University of Minnesota, dining, shopping, public transportation, and local amenities. Apartment Features: Studio layout Close to the U of M On-site parking available: $85/month Tenant pays electricity and gas Convenient urban location Please Note: Photos may be enhanced and/or virtually staged and may be representative of unit style and layout. Equal Housing Opportunity. We comply with all federal, state, and local Fair Housing Laws. Email: **** or Text: 612-407-8548
1BR/1.0BA1 bed1 bath$1,025–$1,050 /mo9 units availableA spacious apartment with 1 bed & 1 bathroom located in Marcy-Holmes for Sept 1st, 2026 move in Amenities include: Spacious living, close to public transportation/bus lines, hardwood & tile flooring, on-site Laundry, pet friendly Date available: September 1st, 2026 Rent: $1,025/month LEASING SPECIAL: No application fee 1/2 off deposit Pet friendly: no pet rent & no pet deposit Contact Maddy for more information or to schedule a tour: **** Photos may be enhanced/staged and may be representative of the unit style and layout. Equal Housing Opportunity. We comply with all federal, state, and local Fair Housing Laws.

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Amenities for 318 8th Ave SE

Tech

Free WiFi
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
Building details

Property details

Units21
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About 318 8th Ave SE

HomeApartments in MinneapolisMarcy - Holmes 318 8th Ave SE

A spacious apartment with 1 bed & 1 bathroom located in Marcy-Holmes for Sept 1st, 2026 move in Amenities include: Spacious living, close to public transportation/bus lines, hardwood & tile flooring, on-site Laundry, pet friendly Date available: September 1st, 2026 Rent: $1,025/month LEASING SPECIAL: No application fee 1/2 off deposit Pet friendly: no pet rent & no pet deposit Contact Maddy for more information or to schedule a tour: **** Photos may be enhanced/staged and may be representative of the unit style and layout. Equal Housing Opportunity. We comply with all federal, state, and local Fair Housing Laws.


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.
7.9
/10
Very Good
318 8th Ave SE is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Trustworthiness, but it offers a satisfying, above-average quality of life.
How we rated 318 8th Ave SE
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, 318 8th Ave SE is a great option for renters looking for apartments in Marcy - Holmes. 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·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, 318 8th Ave SE 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.
318 8th Ave SE 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 318 8th Ave SE to provide reasonable accomodations and accurate details about its community.
Trustworthiness·7A 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.
318 8th Ave SE provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

318 8th Ave SE is great for:

Social life

  • 182 restaurants within 1 mile of this property
  • 53 local event hubs within 1 mile
  • 115 museums, art galleries, or cultural centers within 1 mile
  • A bustling neighborhood

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 318 8th Ave SE compares to other nearby properties.

Positives

Less expensive
Studio units are cheaper than other similar listings nearby

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1 mile away

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Rent trends in Marcy - Holmes

Studio apartments at 318 8th Ave SE cost about 22% less than the average rent price for studios in Marcy - Holmes.

1-bedroom apartments here are priced 25% lower than 1-bedrooms in Marcy - Holmes.

Median rents as of Jun 27 2026.
Marcy - Holmes
Minneapolis
A table of studio rental data trends in Minneapolis
MonthMedian Rent
July 2024$1,033
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
A table of studio rental data trends in Marcy - Holmes
MonthMedian Rent
July 2024$1,197
August 2024$1,268
September 2024$1,238
October 2024$1,107
November 2024$1,295
December 2024$1,314
January 2025$1,355
February 2025$1,219
March 2025$1,371
April 2025$1,327
May 2025$1,330
June 2025$1,324
July 2025$1,395
August 2025$1,352
September 2025$1,205
October 2025$1,123
November 2025$1,176
December 2025$1,199
January 2026$1,191
February 2026$1,137
March 2026$1,172
April 2026$1,119
May 2026$1,119
June 2026$1,020

Affordability calculator

Can I afford to live at 318 8th Ave Se?

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

$31,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $31,600 annually to afford this studio monthly rent price of $790.
For more information on rent affordability, visit our rent calculator.

Schools near 318 8th Ave SE

Webster Elementary School

425 5th st ne

minneapolis, MN, 55413

PK, K-5Public
C+

MPS Metro HA

932 e. 34th st.

minneapolis, MN, 55407

K-12Public

Justice Alan Page Elementary School

999 nofound st

nofoundcity, MN, 88888

PK, K-5Public

River Bend Educational Center

1510 glenwood ave s

minneapolis, MN, 55405

K-12Public

MPS Online K-5

1250 west broadway ave

minneapolis, MN, 55411

K-5Public
C+
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Internet available near 318 8th Ave SE

Getting around Minneapolis near 318 8th Ave Se

Walking

8/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

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

Points of interest for 318 8th Ave Se, Minneapolis

Groceries

7/10
At least one supermarket within a 15-minute walk

Shopping

6/10
Several shops within a few minutes’ walk

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

7/10
Variety of restaurants within a few minutes' walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

8/10
At least one high school within a 10-minute walk

Parks

10/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

7/10
Several bars within a few minutes’ walk

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