Zumper
modified
2 Hours Ago

Highlights

  • On-site laundry
  • Private entry
  • Off-street parking with plug-ins
  • Quiet pet-friendly apartment community
  • Easy access

Location

505 4th St Sw, Minot, ND 58701, USA
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Tour Terrace Heights

Contact

Management

Investors Management & Marketing Inc.

Leasing office

(701) 818-7043

Property Overview

Terrace Heights stands out with a strong Zumper expert rating of 8.6, reflecting its excellent balance of price (10/10) and amenities (9/10), including on-site laundry and off-street parking. Its top-tier location is highly convenient, with numerous restaurants and parks nearby, making it appealing for both work-from-home and social lifestyles. This property excels in transparency, receiving a trustworthiness rating of 8, assuring renters of a positive living experience in a quiet, pet-friendly community.

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

Things you’ll love

  • Less expensive
  • High school nearby
  • Middle school nearby

Great for

  • Social life
  • Work-from-home
  • Eco living

Floor plans

2 Bed / 1 Bath2 bed1 bath480 sqft$775 /mo1 unit availableA quiet Pet Friendly apartment community located near the heart of Minot. The straight forward, sleek apartments of Terrace Heights offer a great value while the location offers easy access to nearly everything in the city. Enjoy private entry, off-street parking with plug-ins and on-site laundry.

Let's explore this property.

Amenities for Terrace Heights

Apartment Amenities

CarpetCarpeting/Vinyl
Pet Friendly with Pet DepositPrivate Entry
Window Furnishings

Appliances

OvenRange
Refrigerator/FreezerStove/Oven

Tech

Internet and Cable Ready

Building

Onsite LaundrySmoke Free Building

Grounds

Outdoor SpaceStorage

Services

Heat PaidLawn Care and Snow Removal
Online Payment and Maintenance Request

Neighborhood

Close To Shopping and Restaurants

Other

Military DiscountOff Street Parking with Plug-in
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

Building details

Property details

Units16
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About Terrace Heights

HomeApartments in Minot Terrace Heights

A quiet Pet Friendly apartment community located near the heart of Minot. The straight forward, retro apartments of Terrace Heights offer a great value while the location offers easy access to nearly everything in the city. Enjoy private entry, off-street parking with plug-ins and on-site laundry.


Reviews from the web

Showing 6 highest rated

Great service

Grace Jones

Grace Jones

Aug 23, 2022

Quiet and cozy!

Aidan Wampler

Aidan Wampler

Aug 25, 2022

We’re sharing just 6 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.

Terrace Heights is great for:

Social life

  • Areas nearby are accessible by walking
  • 57 restaurants within 1 mile of this property
  • The area has transit options
  • Diverse age groups live in this area

Work-from-home

  • High speed internet is an amenity
  • Utilities included in the rent
  • 1 internet service provider option nearby
  • Quiet environment with little noise pollution

Eco living

  • Public transit available nearby
  • You can get around by foot in this area
  • 11 parks within a mile

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 Terrace Heights compares to other nearby properties.

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
High school nearby
There is a high school 0.4 mile away
Middle school nearby
There is a middle school 0.4 mile away

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Rent trends in Minot

2-bedroom apartments at Terrace Heights cost about 22% less than the average rent price for 2-bedroom apartments in Minot.

Median rents as of Nov 1 2025.
Minot
A table of studio rental data trends in Minot
MonthMedian Rent
November 2023$545
December 2023$531
January 2024$495
February 2024$495
March 2024$524
April 2024$546
May 2024$655
June 2024$618
July 2024$613
August 2024$533
September 2024$611
October 2024$663
November 2024$668
December 2024$570
January 2025$682
February 2025$555
March 2025$545
April 2025$592
May 2025$581
June 2025$595
July 2025$659
August 2025$577
September 2025$595
October 2025$652
November 2025$805

Affordability calculator

Can I afford to live at 505 4th St Sw?

Bedrooms

2 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

$31,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $31,000 annually to afford this 2-bedrooms monthly rent price of $775.
For more information on rent affordability, visit our rent calculator.

Schools near Terrace Heights

Perkett Elementary School

2000 5th ave sw

minot, ND, 58701

PK, K-5Public
B
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Internet available near Terrace Heights

Getting around Minot near 505 4th St Sw

Walking

6/10
Some shops and stores are within a few minutes.

Driving

6/10
This area is accessible to thoroughfares and has ample parking options.

Points of interest for 505 4th St Sw, Minot

Groceries

7/10
The nearest general grocery store is within a 10-minute walk, and there are also some specialist food stores nearby.

Shopping

5/10
Several fashion stores are within a short walk.

Cafes

5/10
The closest café is within a 10-minute walk, and there are a few other cafés within walking distance.

Restaurants

5/10
Several restaurants are within a short walk.

Primary schools

7/10
The closest elementary school is within a 10-to-15-minute walk.

High schools

8/10
At least one high school within a 5-to-10-minute walk.

Nightlife

4/10
The closest bar is within a 5-minute walk, and there are some other bars within walking distance.

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