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Affordable Housing

📍 1006 West Lake Street, Minneapolis, MN 55408

Monthly Rent

$1,155 – $1,535

Bedrooms

Studio–2 bd

Bathrooms

1 ba

Sq Feet

502 sq ft

Updated 10 days ago

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📋 Property Overview

In Lyn Lake, Minneapolis, Minnesota, this home offers Studio - 2 bd and 1 ba. Interior space is 502 sq ft. Rents run from $1,155 to $1,535 a month. Inside, the home includes walk in closets, ice maker, bathtub and smoke-free units. The building offers parking, community garden, dogs allowed and pet friendly. Pets are allowed, with pet rent of $20 per pet/month. Residents have access to parking Lot. The standard lease term is 15 months. Availability: Available now. Included in the rent: gas, water, hot Water and sewer. With a Walk Score of 98, most errands can be done on foot. Transit Score is 64. That is 30% below the local median of $1,650.

🚶 Getting Around

  • Walk Score98/100

    Walker's Paradise

  • Transit Score64/100

    Good Transit

25 transit routes nearby

  • 25Bus
Studio · typical rent nearby$1,298

Market trend: Rising · as of August 2026

💵 Costs & Lease

Deposit
$300 Per Household
Lease length
15 months
Units available
7 units

Amounts are as published by the source and may change. Confirm before applying.

📐 Floor Plan Details

  • Two Bedroom C2 bd · 2 ba · 1,050 sq ftNone available right now
  • Two Bedroom P2 bd · 2 ba · 974 sq ftNone available right now
  • One Bedroom J1 bd · 1 ba · 748 sq ftNone available right now
  • One Bedroom S1 bd · 1 ba · 725 sq ftNone available right now
  • One Bedroom T1 bd · 1 ba · 705 sq ftNone available right now
  • One Bedroom Z1 bd · 1 ba · 613 sq ft$1,2501 unit available
  • One Bedroom P1 bd · 1 ba · 656 sq ftNone available right now
  • Two Bedroom G2 bd · 2 ba · 1,285 sq ftNone available right now
  • Two Bedroom E2 bd · 2 ba · 1,145 sq ftNone available right now
  • One Bedroom C1 bd · 1 ba · 731 sq ft$1,2001 unit available
  • One Bedroom K1 bd · 1 ba · 510 sq ftNone available right now
  • One Bedroom N1 bd · 1 ba · 690 sq ftNone available right now

🧾 Move-in Costs & Lease

Security deposit
$300 Per Household
Lease length
15 months
Also available
12 months
Lease options
12 Months
Available
Available now
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

  • In unit laundry
  • Dishwasher
  • Walk in closets
  • Smoke-free units
  • Ice maker
  • Microwave
  • Bathtub
  • Garbage disposal
  • Range
  • Oven
  • Refrigerator

🏢 In the Building

  • 24hr gym
  • Dogs allowed
  • Cats allowed
  • Pet friendly
  • Parking
  • Package receiving
  • Elevator
  • Smoke-free community
  • Community garden
  • Fire pit
  • Clubhouse
  • Bike storage
  • Bbq/grill
  • E-payments
  • Online portal
  • Key fob access
  • Accessible
  • Internet access
  • Lobby
  • Accepts section 8

💡 Utilities Included

  • Gas
  • Hot Water
  • Sewer
  • Trash
  • Water

✅ Who Qualifies

Must have 2.5x the rent in total household income (before taxes)

📋 Screening Criteria

What this property looks at when reviewing an application.

Occupancy
Affordable Housing

🐾 Pets

Pets
Allowed
Pet deposit
$400 per pet/due at time of move-in (refundable)
Pet rent
$20 per pet/month
Limit
2 pets
Restrictions
Some breed & other restrictions may apply.

✨ Features & Details

  • Pet Friendly
  • In unit laundry
  • Dishwasher
  • Parking
  • Walk in closets
  • 24hr gym
  • Bathtub
  • Microwave
  • Garbage disposal
  • Ice maker
  • Oven
  • Range
  • Refrigerator
  • Smoke-free units
  • Clubhouse
  • Fire pit
  • Bbq/grill
  • Bike storage
  • Accessible
  • Elevator
  • Accepts section 8
  • Community garden
  • E-payments
  • Key fob access
  • Lobby
  • Online portal
  • Package receiving
  • Smoke-free community
  • Cats allowed
  • Dogs allowed
  • Internet access
  • 613 sq ft
  • 779 sq ft
  • 893 sq ft
  • 902 sq ft
  • 837 sq ft
  • 502 sq ft

📊 Property Facts

Walk Score
98 · Walker's Paradise
Transit Score
64 · Good Transit

🚗 Parking

  • Parking Lot

🎓 Nearby Schools

  • Jefferson Elementary School · PK-83/10 · 0.5 mi
  • Whittier International · PK-52/10 · 0.6 mi
  • Lyndale Elementary School · PK-54/10 · 0.7 mi
  • Kenwood Elementary School · K-54/10 · 1.2 mi
  • Green Central Park Elementary School · PK-82/10 · 1.2 mi
  • Hennepin Elementary School · K-63/10 · 1.3 mi
  • Emerson Elementary School · PK-54/10 · 1.4 mi
  • Augsburg Fairview Academy · 9-121/10 · 1.5 mi
  • Wellstone International High School · 9-121/10 · 1.6 mi
  • Barton Open Elementary School · K-85/10 · 1.6 mi

🏡 Floor Plans

Affordable Housing – 224

224

613 sq ft · 15 mo

Nov 1, 2026

$1,250

Affordable Housing – 110

110

779 sq ft · 15 mo

Nov 2, 2026

$1,200

Affordable Housing – 203

203

893 sq ft · 12 mo

Available now

$1,535

Affordable Housing – 303

303

893 sq ft · 12 mo

Oct 1, 2026

$1,535

Affordable Housing – 306

306

902 sq ft · 12 mo

Oct 1, 2026

$1,535

Affordable Housing – 411

411

837 sq ft · 15 mo

Oct 1, 2026

$1,225

❓ Frequently Asked Questions

$1,155 – $1,535

per month

Available Now
Studio–2 bd
1 ba
502 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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