Monthly rent

$2,050

Beds

Baths

Sqft

1,200

Monthly rent	$2,050
Beds	3
Baths	1
Sqft	1,200

Updated 18 Hours Ago

Highlights

Pet Friendly

Location

1506 Park Ave, Minneapolis, MN 55404, USA|Elliot Park

Tour 1506 Park Ave

Contact

UpDown Property Management

(612) 578-8598

About 1506 Park Ave

Illuminated by the vibrant energy of Minneapolis, 1506 Park Ave S - 3 offers a captivating blend of comfort and convenience in the heart of the city. This spacious 3-bedroom, 1-bathroom residence sprawls across 1,200 square feet, providing ample room for relaxation and creativity. Nestled in a dynamic neighborhood, this residence is perfectly positioned to enjoy the best of urban living while maintaining a serene, residential feel. The open layout invites natural light to dance through every room, highlighting the welcoming atmosphere and enhancing the sense of space. Each bedroom is designed to be a personal sanctuary, offering tranquility amidst the bustling city life. The full bathroom is a harmonious blend of function and style, catering to your daily routines with ease. A stone's throw from local amenities and public transportation, this home is the perfect hub for those who love to explore the vibrant culture of Minneapolis. Imagine sipping your morning coffee as the city awakens around you, with the promise of new adventures just beyond your doorstep. Make 1506 Park Ave S - 3 your own, and experience a truly unique urban lifestyle. Pets welcome on a case by case basis. Tenant Responsibilities: Electric Pre-Approval Costs: $55/18+ Adult for Application and Background Check Payments Due Upon Approval: Prorated Rent (if applicable) Security Deposit: One Month Rent 1st Full Month Rent Residential Renter's Insurance $10.95 Monthly Administrative Fee: $10.00 One Time Admin Fee: $150

Neighborhood

Elliot Park

Zip code

55404

Type

Apartment for rent

Rent trends in Elliot Park

3-bedroom apartments at 1506 Park Ave cost about 7% more than the average rent price for 3-bedroom apartments in Elliot Park.

Median rents as of Aug 15 2026.

Elliot Park

Minneapolis

A table of 3-bedroom apartment rental data trends in Minneapolis
Month	Median Rent
August 2024	$1,912
September 2024	$1,906
October 2024	$1,930
November 2024	$1,974
December 2024	$1,995
January 2025	$2,001
February 2025	$1,989
March 2025	$1,997
April 2025	$1,945
May 2025	$1,952
June 2025	$1,934
July 2025	$1,983
August 2025	$1,906
September 2025	$1,891
October 2025	$1,881
November 2025	$1,972
December 2025	$1,919
January 2026	$1,951
February 2026	$1,953
March 2026	$2,018
April 2026	$2,068
May 2026	$2,038
June 2026	$1,972
July 2026	$1,982
August 2026	$1,995

A table of 3-bedroom apartment rental data trends in Elliot Park
Month	Median Rent
August 2024	$2,925
September 2024	$3,032
October 2024	$3,820
November 2024	$3,808
December 2024	$2,967
February 2025	$2,000
March 2025	$2,000
May 2025	$2,400
June 2025	$2,700
November 2025	$2,200
December 2025	$2,425
January 2026	$3,005
February 2026	$3,238
March 2026	$2,424
April 2026	$1,950
May 2026	$1,895
June 2026	$1,977
July 2026	$2,010

Affordability calculator

Can I afford to live at 1506 Park Ave?

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

$82,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $82,000 annually to afford this 3-bedrooms monthly rent price of $2,050.

For more information on rent affordability, visit our rent calculator.

Schools near 1506 Park Ave

Getting around Minneapolis near 1506 Park Ave

Walking

9/10

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

6/10

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 1506 Park Ave, 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

8/10

At least one elementary school within a 10-minute walk

High schools

8/10

At least one high school within a 15-minute walk

Parks

8/10

Large amount of park space nearby

Nightlife

7/10

Several bars within a few minutes’ walk

1506 Park Ave1506 Park Ave, Minneapolis, MN 55404, USA

Highlights

Location

Tour 1506 Park Ave

Contact

Amenities for 1506 Park Ave, Elliot Park

Policies and fees

Applicants

Applicants

Applicants

Applicants

REQUIRED FEES

Move-In Fees

Move-In Fees

Security Deposit

Pets

Pets

Dog Policy

Cat Policy

Property details

About 1506 Park Ave

Address details

Get the latest listings anytime, anywhere

Rent trends in Elliot Park

Affordability calculator

Check availability

Schools near 1506 Park Ave

Justice Alan Page Elementary School

Early Childhood Special Education

MPS Metro SJ

MPS Metro HA

River Bend Educational Center

Internet available near 1506 Park Ave

Getting around Minneapolis near 1506 Park Ave

Walking

Driving

Cycling

Transit

Points of interest for 1506 Park Ave, Minneapolis

Groceries

Shopping

Cafes

Restaurants

Primary schools

High schools

Parks

Nightlife

Compare similar properties nearby

Check availability

Property types near Elliot Park

Property types near Elliot Park

Elliot Park by amenities

Elliot Park by amenities

Rent by bedrooms

Rent by bedrooms

Rentals for cities near Elliot Park

Rentals for cities near Elliot Park

Nearby neighborhoods

Nearby neighborhoods

Nearby addresses

Nearby addresses

Nearby buildings

Nearby buildings

Nearby rental market trends

Nearby rental market trends

Pet-friendly rentals nearby

1506 Park Ave
1506 Park Ave, Minneapolis, MN 55404, USA