Five15 on the Park
515 15th Ave S,
Minneapolis, MN 55454
$1,300 - $1,400 | 1 Bed
Commonly referred to as West Bank or Riverside, Cedar-Riverside has long been known as the artistic center of Minneapolis. The neighborhood attracted a slew of intellectuals, artists, actors, and musicians in the 1960s. That period of time earned this neighborhood the title of the Haight-Ashbury of the Midwest.
A couple of decades later, the open-minded culture of the neighborhood made it a welcoming place for an eclectic mix of residents, including students and creative types. Apartments have popped up along the western border formed by the I-94 and I-35W. There are cafes and restaurants on Riverside Ave., and attractive parks along the Mississippi River. The neighborhood celebrates its heritage and history annually at the Bohemian Flats Music Festival.
As of July 2025, the average apartment rent in Cedar-Riverside is $1,085 for a studio, $1,402 for one bedroom, $1,635 for two bedrooms, and $1,949 for three bedrooms. Apartment rent in Cedar-Riverside has increased by 4.6% in the past year.
Studio
465 sq ft
Average Sq Ft
$1,085/month
Average Rent
1 BR
627 sq ft
Average Sq Ft
$1,402/month
Average Rent
2 BR
820 sq ft
Average Sq Ft
$1,635/month
Average Rent
3 BR
1,227 sq ft
Average Sq Ft
$1,949/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Excellent Transit
out of 100 TransitScore® Rating
You’ll have excellent transit living in this area, with several nearby transit stops.
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 June 2025.