Moment
650 Portland Ave S,
Minneapolis, MN 55415
$1,442 - $5,165 | Studio - 2 Beds
With a beautiful campus spread across both banks of the Mississippi River, the University of Minnesota puts you right at the center of the action in one of the Midwest’s most exciting urban communities. The Washington Bridge connects the east bank and west bank portions of campus, a walking route that most students become quite familiar with in spite of their best efforts to stay on one side or the other. The campus culture is full of unique traditions that may take a little while to get used to, but you’ll be yelling “Ski- U-Mah” at hockey matches and dressing up in farm animal costumes for basketball games at The Barn in no time.
Minnesota is infamous for its punishing winters, but luckily the Gopher Way tunnel system is available for you to traverse the main campus with minimal exposure to the elements. Of course, when the weather is nice, you may find yourself studying outside while soaking in the sun on Northrop Mall. Off-campus fun is never far, with the clusters of dining and nightlife in Dinkytown and St. Anthony close at hand and Downtown Minneapolis just a few blocks from campus.
As of April 2025, the average apartment rent in Minneapolis, MN is $1,102 for a studio, $1,369 for one bedroom, $2,035 for two bedrooms, and $2,336 for three bedrooms. Apartment rent in Minneapolis has increased by 0.5% in the past year.
Studio
463 sq ft
Average Sq Ft
$1,102/month
Average Rent
1 BR
662 sq ft
Average Sq Ft
$1,369/month
Average Rent
2 BR
1,015 sq ft
Average Sq Ft
$2,035/month
Average Rent
3 BR
1,217 sq ft
Average Sq Ft
$2,336/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Public
Grades K-5
468 Students
Public
Grades K-5
315 Students
Public
Grades PK-5
274 Students
Public
Grades K-5
371 Students
Public
Grades K-5
365 Students
Public
Grades 6-8
763 Students
Public
Grades 6-8
925 Students
Public
Grades 6-8
738 Students
Public
Grades PK-8
651 Students
Public
Grades PK-8
602 Students
Public
Grades 9-12
1,582 Students
Public
Grades 9-12
1,484 Students
Public
Grades 9-12
1 Students
Public
Grades 9-12
1,466 Students
Public
Grades 9-12
1,044 Students
3,237
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.