Five15 on the Park
515 15th Ave S,
Minneapolis, MN 55454
$1,025 - $1,862 Total Monthly Price
Studio - 2 Beds | 12 Month Lease
Area Guide
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 June 2026, the average apartment rent in Cedar-Riverside is $1,062 for a studio, $1,345 for one bedroom, $1,565 for two bedrooms, and $1,688 for three bedrooms. Apartment rent in Cedar-Riverside has increased by 0.3% in the past year.
Studio
459 sq ft
Average Sq Ft
$1,062/month
Average Rent
1 BR
632 sq ft
Average Sq Ft
$1,345/month
Average Rent
2 BR
830 sq ft
Average Sq Ft
$1,565/month
Average Rent
3 BR
1,156 sq ft
Average Sq Ft
$1,688/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Cedar-Riverside - Minneapolis, MN is for everyday living.
Exceptionally Walkable
Walkability
Exceptional Public Transit
Transit
Exceptionally Drivable
Drivability
Very Bikeable
Bikeability
Cedar-Riverside - Minneapolis, MN offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 10 Minute Walk
Groceries
Great Restaurant Variety Nearby
Restaurants
Good Café Variety Nearby
Cafes
Good Variety of Shops Nearby
Shopping
Cedar-Riverside - Minneapolis, MN provides ample green space and fitness centers within easy reach.
Exceptional Amount of Park Space Nearby
Parks
Great Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Cedar-Riverside - Minneapolis, MN from everyday activity to noise and nightlife.
Vibrant Atmosphere
Vibrancy
Good Nightlife Variety Nearby
Nightlife
Moderately Noisy
Quiet Score
† 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 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.