Affordable Housing

📍 1500 Nicollet Avenue South, Minneapolis, MN 55403

📋 Property Overview

A home in Loring Park, Minneapolis, Minnesota with 1 - 3 bd and 1 ba. The floor plan measures 706 sq ft. Monthly rent ranges $1,205-$2,340. Features in the home include dishwasher, hardwood floors, microwave and walk in closets. The building offers dogs allowed, cats allowed, pet friendly and green community. Pets are allowed, with pet rent of $150 per household/due at time of move-in (refundable). Parking on site includes garage and parking. The standard lease term is 15 months. Availability: Available now. Included in the rent: water, hot Water, sewer and trash. The Walk Score here is 94, meaning most errands can be done on foot. Transit Score is 77. That is 27% below the local median of $1,650.

🚶 Getting Around

• Walk Score94/100

  Walker's Paradise

• Transit Score77/100

  Excellent Transit

💵 Costs & Lease

Deposit

$300 Per Household

Lease length

15 months

Units available

15 units

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

📐 Floor Plan Details

• Two Bedroom - L (80%)2 bd · 2 ba · 1,056 sq ft$1,5751 unit available
• Two Bedroom - U (60%)2 bd · 2 ba · 1,123 sq ftNone available right now
• Two Bedroom - P (60%)2 bd · 2 ba · 1,075 sq ftNone available right now
• Two Bedroom - M (60%)2 bd · 2 ba · 1,056 sq ft$1,5251 unit available
• Two Bedroom - F (60%)2 bd · 2 ba · 1,032 sq ft$1,5251 unit available
• One Bedroom - M (80%)1 bd · 1 ba · 753 sq ftNone available right now
• Two Bedroom - E (60%)2 bd · 2 ba · 1,207 sq ft$1,5351 unit available
• One Bedroom - N (80%)1 bd · 1 ba · 759 sq ftNone available right now
• Three Bedroom - B (60%)3 bd · 2 ba · 1,230 sq ftNone available right now
• Two Bedroom - Q (80%)2 bd · 2 ba · 1,080 sq ft$1,5751 unit available
• Three Bedroom - L (60%)3 bd · 2 ba · 1,286 sq ftNone available right now
• One Bedroom - K (60%)1 bd · 1 ba · 712 sq ftNone available right now

🧾 Move-in Costs & Lease

Security deposit

$300 Per Household

Other fees

(Optional) Heated Underground Parking Garage Space: $145/month | (Optional) Additional Resident Storage Locker: Varies/month

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

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.

💡 Utilities Included

• Hot Water
• Sewer
• Trash
• Water
• Gas

✅ 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

$150 per household/due at time of move-in (refundable)

One-time pet fee

$150 per household/due at time of move-in (non-refundable)

Limit

2 pets

Restrictions

Some breed & other restrictions may apply.

✨ Features & Details

• Pet Friendly
• In unit laundry
• Patio / balcony
• Hardwood floors
• Dishwasher
• 24hr maintenance
• Extra storage
• Stainless steel
• Air conditioning
• Bathtub
• Carpet
• Ceiling fan
• Garbage disposal
• Ice maker
• Microwave
• Oven
• Range
• Refrigerator
• Smoke-free units
• Walk in closets
• Business center
• Clubhouse
• Courtyard
• Internet cafe
• Gym
• Parking
• Playground
• Bbq/grill
• Bike storage
• Internet access
• Yoga
• Accessible
• Elevator
• Garage
• Cats allowed
• Dogs allowed
• Alarm system
• CC payments
• Coffee bar
• E-payments
• Fire pit
• Green community
• Guest parking
• Key fob access
• Lobby
• Online portal
• Package receiving
• Smoke-free community
• 1056 sq ft
• 1032 sq ft
• 1207 sq ft
• 1080 sq ft
• 1230 sq ft
• 706 sq ft
• 1216 sq ft
• 1264 sq ft
• 1262 sq ft
• 1096 sq ft
• 1123 sq ft
• 749 sq ft
• 1049 sq ft
• 1257 sq ft

📊 Property Facts

Walk Score

94 · Walker's Paradise

Transit Score

77 · Excellent Transit

🚗 Parking

• Parking · assigned
• Garage · $145

🎓 Nearby Schools

• Emerson Elementary School · PK-54/10 · 0.1 mi
• Hennepin Elementary School · K-63/10 · 0.6 mi
• FAIR Senior High · 9-124/10 · 0.6 mi
• Whittier International · PK-52/10 · 0.9 mi
• Augsburg Fairview Academy · 9-121/10 · 1.0 mi
• Jefferson Elementary School · PK-83/10 · 1.2 mi
• Prodeo Academy · PK-82/10 · 1.3 mi
• Andersen Community · PK-83/10 · 1.4 mi
• Cedar Riverside Community School · PK-86/10 · 1.4 mi
• Kenwood Elementary School · K-54/10 · 1.5 mi

🏡 Floor Plans

115

1,056 sq ft · 15 mo

Nov 1, 2026

$1,575

426

1,056 sq ft · 12 mo

Available now

$1,525

431

1,032 sq ft · 12 mo

Oct 1, 2026

$1,525

506

1,207 sq ft · 12 mo

Available now

$1,535

402

1,080 sq ft · 15 mo

Available now

$1,575

632

1,230 sq ft · 15 mo

Available now

$2,340