Velo

📍 115 North 2nd Street, Minneapolis, MN 55401

📋 Property Overview

Velo offers Studio - 2 bd / 1 ba in North Loop, Minneapolis, Minnesota. The floor plan measures 569 sq ft. Monthly rent ranges $1,445-$2,650. Inside, the home includes patio / balcony, carpet, stainless steel and ice maker. On site there is 24hr gym, bocce court, yoga and elevator. Pets are allowed (cats and dogs), with pet rent of $50. Residents have access to parking. The standard lease term is 12 months. Availability: Available now. The Walk Score here is 93, meaning most errands can be done on foot. Transit Score is 84. That is 12% below the local median of $1,650.

🚶 Getting Around

• Walk Score93/100

  Walker's Paradise

• Transit Score84/100

  Excellent Transit

💵 Costs & Lease

Deposit

$270

Lease length

12 months

Units available

7 units

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

📐 Floor Plan Details

• Pinarello1 bd · 1 ba · 844 sq ftNone available right now
• Jamis1 bd · 1 ba · 722 sq ft$1,6101 unit available
• Marin2 bd · 2 ba · 1,017 sq ftNone available right now
• FeltStudio · 1 ba · 532 sq ftNone available right now
• MochetStudio · 1 ba · 532 sq ftNone available right now
• SchwinnStudio · 1 ba · 569 sq ft$1,4451 unit available
• Surly2 bd · 2 ba · 1,001 sq ft$2,3151 unit available
• Kent1 bd · 1 ba · 593 sq ft$1,4751 unit available
• Scott1 bd · 1 ba · 622 sq ftNone available right now
• Le MondStudio · 1 ba · 565 sq ftNone available right now
• HuffyStudio · 1 ba · 709 sq ftNone available right now
• Handsome1 bd · 1 ba · 642 sq ftNone available right now

🧾 Move-in Costs & Lease

Security deposit

$270

Move-in fee

$200 admin fee

Other fees

Renter's insurance required

Lease length

12 months

Lease options

3-15 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.

✅ Who Qualifies

Must have 3.5x the rent in total household income (before taxes)

🐾 Pets

Pets

Allowed

Types

Cats, Dogs

Pet rent

$50

Limit

2 pets

Restrictions

We allow 2 pets per apartment.There is a monthly pet rent of $35 for cats and $50 for dogs and there

✨ Features & Details

• Pet Friendly
• In unit laundry
• Patio / balcony
• Dishwasher
• Garage
• Stainless steel
• Air conditioning
• Ceiling fan
• Garbage disposal
• Microwave
• Range
• Refrigerator
• W/D hookup
• Bathtub
• Carpet
• Ice maker
• Oven
• Accessible
• Bocce court
• Clubhouse
• Courtyard
• Fire pit
• 24hr gym
• Parking
• Bbq/grill
• Bike storage
• Guest parking
• Yoga
• Walking trail
• Cats allowed
• Dogs allowed
• Elevator
• Lobby
• Package receiving
• 722 sq ft
• 569 sq ft
• 1001 sq ft
• 593 sq ft
• 696 sq ft
• 726 sq ft
• 1234 sq ft

📊 Property Facts

Walk Score

93 · Walker's Paradise

Transit Score

84 · Excellent Transit

🚗 Parking

• Parking garage: $125/month · assigned (extra fee)
• Parking · $160

🎓 Nearby Schools

• Mn International Middle Charter School · 5-85/10 · 0.5 mi
• Prodeo Academy · PK-82/10 · 0.6 mi
• FAIR Senior High · 9-124/10 · 0.8 mi
• Franklin Middle School · 6-82/10 · 0.9 mi
• Hall International · PK-51/10 · 1.0 mi
• Sheridan Elementary School · PK-51/10 · 1.0 mi
• Marcy Open Elementary School · K-84/10 · 1.2 mi
• Emerson Elementary School · PK-54/10 · 1.3 mi
• North Academy Arts/Communication · 9-121/10 · 1.4 mi
• Minnesota Transitions Charter Elementary School · K-63/10 · 1.4 mi

🏡 Floor Plans

209

722 sq ft · 12 mo

Available now

$1,610

416

569 sq ft · 12 mo

Sep 13, 2026

$1,445

312

1,001 sq ft · 12 mo

Oct 13, 2026

$2,315

202

593 sq ft · 12 mo

Available now

$1,475

415

696 sq ft · 12 mo

Sep 10, 2026

$1,600

406

726 sq ft · 12 mo

Sep 22, 2026

$1,670