Snelling Yards
3501 44th Ave S,
Minneapolis, MN 55406
$1,437 - $2,499 Total Monthly Price
2-3 Beds
Area Guide
Situated just five miles southeast of Minneapolis, the Ericsson community primarily consists of residential streets and large green spaces to create the perfect environment of suburban bliss. However, residents also enjoy easy access to some of the city's best shopping, restaurants, and nightlife thanks to the light rail station on Hiawatha Avenue that brings you to the heart of downtown.
A flurry of charming single-family homes and tall trees line the streets, but you also find a thriving community of local businesses. Whether you're fishing for walleye from the shores of Lake Hiawatha or searching for treasures at the local antique shop, Ericsson's small-town charm is sure to make you feel at home the second you move here.
As of May 2026, the average apartment rent in Ericsson is $1,283 for a studio, $1,706 for one bedroom, and $2,473 for two bedrooms. Apartment rent in Ericsson has increased by 1.8% in the past year.
Studio
480 sq ft
Average Sq Ft
$1,283/month
Average Rent
1 BR
695 sq ft
Average Sq Ft
$1,706/month
Average Rent
2 BR
1,119 sq ft
Average Sq Ft
$2,473/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Ericsson - Minneapolis, MN is for everyday living.
Fairly Walkable
Walkability
Good Public Transit
Transit
Moderately Drivable
Drivability
Exceptionally Bikeable
Bikeability
Ericsson - Minneapolis, MN offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 10 Minute Walk
Groceries
Fair Restaurant Variety Nearby
Restaurants
Fair Café Variety Nearby
Cafes
Fair Variety of Shops Nearby
Shopping
Ericsson - Minneapolis, MN provides ample green space and fitness centers within easy reach.
Exceptional Amount of Park Space Nearby
Parks
Good Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Ericsson - Minneapolis, MN from everyday activity to noise and nightlife.
Mostly Calm Atmosphere
Vibrancy
Limited Nightlife Variety Nearby
Nightlife
Moderately Noisy
Quiet Score
Current Resident
3 years and 2 months ago•Niche Review
Great neighborhood to live no matter where you are in life. I love being able to walk to lakes (Hiwatha and Nokomis), a creek, coffee shops, bakeries, bars, the light rail, and biking opens even more possibilities. It's still somewhat affordable for being such a gem.
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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.