The Balmoral – photo 1
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The Balmoral

📍 1005 Portland Avenue, Minneapolis, MN 55404

Monthly Rent

$600 – $13,950

Bedrooms

1 bd

Bathrooms

1 ba

Sq Feet

239 sq ft

Updated 9 days ago

📋 Property Overview

In Elliot Park, Minneapolis, Minnesota, this home offers 1 bd and 1 ba. The floor plan measures 239 sq ft. Monthly rent ranges $600-$13,950. The unit features oven, microwave, hardwood floors and refrigerator. The building offers courtyard, accessible, conference room and community garden. Pets are not permitted at this property. Included in the rent: trash, water, sewer and electric. The Walk Score here is 88, meaning most errands can be done on foot. Transit Score is 85. Rent is well below the area median of $1,650.

🚶 Getting Around

  • Walk Score88/100

    Very Walkable

  • Transit Score85/100

    Excellent Transit

66 transit routes nearby

  • 64Bus
  • 2Rail
1 bedroom · typical rent nearby$1,648

Market trend: Rising · as of August 2026

📐 Floor Plan Details

  • 1 Bedroom, Income Restrictions1 bd · 1 ba · 383 sq ft$1,100
  • Studio, Income RestrictionsStudio · 1 ba · 239 sq ft$715
  • Studio, Income RestrictionsStudio · 1 ba · 239 sq ft$885
  • Studio, Income Restrictions_HOMEStudio · 1 ba · 239 sq ft$715
  • 1 Bedroom, Income Restrictions_HOME1 bd · 1 ba · 383 sq ftNone available right now
  • Studio, Income Restrictions, HOMEStudio · 1 ba · 239 sq ft$885

🧾 Move-in Costs & Lease

Other fees
Security Deposit.
Lease options
12 months
Application fee
$60 per applicant, paid to RivoRent

Property amounts are as published by the source and may change. Confirm before applying. The application fee is RivoRent's own and is the same on every listing.

🛡️ Renters Insurance — Estimated Cost

Estimated range for Minnesota at $20,000 – $24,999 of personal property

$11–$13/ monthEstimate — not a quote

About $133–$149 a year.

Based on what Minnesota renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 473,453 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.

Compare what companies charge and get a real quote

🏠 Inside the Home

  • Hardwood floors
  • Ceiling fan
  • Smoke-free units
  • Microwave
  • Bathtub
  • Range
  • Oven
  • Refrigerator

🏢 In the Building

  • 24hr maintenance
  • Parking
  • On-site laundry
  • Community garden
  • Business center
  • Conference room
  • E-payments
  • Courtyard
  • Online portal
  • CC payments
  • Accessible
  • Internet access
  • Accepts section 8

💡 Utilities Included

  • Electric
  • Water
  • Trash
  • Sewer

✅ Who Qualifies

Must have 2x the rent in total household income (before taxes)

🐾 Pets

Pets
Not allowed

✨ Features & Details

  • On-site laundry
  • Hardwood floors
  • 24hr maintenance
  • Parking
  • Ceiling fan
  • Smoke-free units
  • Bathtub
  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Courtyard
  • Accessible
  • Accepts section 8
  • Business center
  • CC payments
  • Community garden
  • Conference room
  • E-payments
  • Internet access
  • Online portal
  • 1 bd
  • 1 ba
  • 383 sq ft
  • 0 bd
  • 239 sq ft

📊 Property Facts

Walk Score
88 · Very Walkable
Transit Score
85 · Excellent Transit

🎓 Nearby Schools

  • FAIR Senior High · 9-124/10 · 0.6 mi
  • Hennepin Elementary School · K-63/10 · 0.7 mi
  • Emerson Elementary School · PK-54/10 · 0.7 mi
  • Cedar Riverside Community School · PK-86/10 · 0.9 mi
  • Augsburg Fairview Academy · 9-121/10 · 0.9 mi
  • Andersen Community · PK-83/10 · 1.2 mi
  • Whittier International · PK-52/10 · 1.4 mi
  • Marcy Open Elementary School · K-84/10 · 1.4 mi
  • Prodeo Academy · PK-82/10 · 1.4 mi
  • Mn International Middle Charter School · 5-85/10 · 1.6 mi

🏡 Floor Plans

Not every unit at this property is listed here. Prices start at $600.

The Balmoral – 1 Bedroom, Income Restrictions

1 Bedroom, Income Restrictions

$1,100

The Balmoral – Studio, Income Restrictions

Studio, Income Restrictions

$715

The Balmoral – Studio, Income Restrictions

Studio, Income Restrictions

$885

The Balmoral – Studio, Income Restrictions_HOME

Studio, Income Restrictions_HOME

$715

The Balmoral – 1 Bedroom, Income Restrictions_HOME

1 Bedroom, Income Restrictions_HOME

Contact for pricing

The Balmoral – Studio, Income Restrictions, HOME

Studio, Income Restrictions, HOME

$885

❓ Frequently Asked Questions

$600 – $13,950

per month

Contact for availability
1 bd
1 ba
239 sq ft

Use the buttons at the bottom of the screen to schedule a tour or apply online. Applications are reviewed within 1–3 business days.

💬 Questions about this property?

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