O2
250 Portland Ave,
Minneapolis, MN 55401
$1,900 - $6,860 Plus Fees
1-2 Beds
Known for its towering office buildings and vibrant cultural scene, Downtown is one of the most successfully revitalized areas in Minneapolis. With its central urban location, Downtown draws an intriguing mix of residents looking to live in the middle of the action.
Driving through Downtown, you might be surprised at the lack of people on the streets, but don't be fooled -- the buildings link together by a unique system of skyways that enable residents to walk comfortably, even during the legendary Minneapolis winters. During the warmer months, residents of Downtown enjoy living within walking distance of entertainment centers such as Target Field and the Nicollet Mall. Bordered by the historic Mill District, Downtown East, North Loop and the Mississippi River, the neighborhood offers quick access to the city's most lively neighborhoods.
Condos in Downtown East often come with lush and festive balconies.
The Guthrie Theatre in Downtown East is the premiere theatre venue in Minnesota.
The Minneapolis skyline glows above the Downtown East green space known as The Commons.
240 Park Avenue apartments has a modern look often found in Downtown East.
Street level condos line most of the streets in Downtown East.
People walking across the Stone Arch bridge as the sun sets behind downtown.
As of April 2026, the average apartment rent in Downtown East is $1,509 for a studio, $2,034 for one bedroom, $3,158 for two bedrooms, and $4,843 for three bedrooms. Apartment rent in Downtown East has decreased by 0.0% in the past year.
Studio
507 sq ft
Average Sq Ft
$1,509/month
Average Rent
1 BR
728 sq ft
Average Sq Ft
$2,034/month
Average Rent
2 BR
1,199 sq ft
Average Sq Ft
$3,158/month
Average Rent
3 BR
1,912 sq ft
Average Sq Ft
$4,843/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Downtown East - Minneapolis, MN is for everyday living.
Exceptionally Walkable
Walkability
Exceptional Public Transit
Transit
Exceptionally Drivable
Drivability
Very Bikeable
Bikeability
In Downtown East - Minneapolis, MN, daily errands are quick and hassle-free.
Supermarket Within a 5 Minute Walk
Groceries
Great Restaurant Variety Nearby
Restaurants
Good Café Variety Nearby
Cafes
Good Variety of Shops Nearby
Shopping
Downtown East - 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 Downtown East - Minneapolis, MN from everyday activity to noise and nightlife.
Vibrant Atmosphere
Vibrancy
Great Nightlife Variety Nearby
Nightlife
Moderately Noisy
Quiet Score
3,491
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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 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.