Foundry Lake Street
3118 West Lake St,
Minneapolis, MN 55416
$1,455 - $4,135 | Studio - 3 Beds
To call Cedar-Isles-Dean a "lakefront" community wouldn't do it justice -- the neighborhood touches three major lakes: Cedar Lake (which extends well into the neighborhood), Lake of the Isles, and Lake Calhoun. The lakes offer a variety of parks, boat launches, and walking trails, such as the North Cedar Lake Regional Trail, Kenilworth Trail, the Midtown Greenway, and the Grand Rounds National Byway. The neighborhood even has a park for your pet -- the Lake of the Isles Dog Park -- and a swimming beach -- the Lake Calhoun North Beach.
Cedar-Isles-Dean, one of Minneapolis' most affluent communities, takes its name from two of the major lakes and Dean Parkway, which extends through the center of the neighborhood. The Cedar-Isles-Dean Neighborhood Association, or CIDNA, organizes a variety of community events, including a fall festival, held in October at Park Siding Park. While mainly residential, the neighborhood has a large shopping and dining area along West Lake Street that includes a Whole Foods Market, restaurants, and specialty stores.
As of April 2025, the average apartment rent in Cedar-Isles-Dean is $1,337 for a studio, $1,909 for one bedroom, $3,137 for two bedrooms, and $2,900 for three bedrooms. Apartment rent in Cedar-Isles-Dean has increased by 3.1% in the past year.
Studio
568 sq ft
Average Sq Ft
$1,337/month
Average Rent
1 BR
795 sq ft
Average Sq Ft
$1,909/month
Average Rent
2 BR
1,232 sq ft
Average Sq Ft
$3,137/month
Average Rent
3 BR
1,301 sq ft
Average Sq Ft
$2,900/month
Average Rent
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Biker's Paradise
out of 100 BikeScore® Rating
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
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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.