Minneapolis Grand Apartments
2401 Chicago Ave,
Minneapolis, MN 55404
$1,195 - $1,950 | Studio - 2 Beds
Midtown Minneapolis
Minneapolis, MN
Midtown Minneapolis - Minneapolis, MN
Area Guide
A trendy neighborhood on the edge of the city
Walkable
•
Bicycle-Friendly
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Rail Trail
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Sports
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Vikings
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Hospital
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University
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Parks
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Between 24th Street and Lake Street, with I-35 to the west and Hiawatha Avenue to the east, Midtown has become one of Minneapolis' trendy neighborhoods. It is home to the Children's Minnesota Minneapolis Hospital, the Midtown Global Market, and Saint Mary's University of Minnesota-Twin Cities Campus. And while there are businesses scattered throughout the neighborhood, most can be found along Lake Street. The Midtown Global Market, located in the old Sears building, offers more than 45 shops and restaurants from more than 22 different cultures.
Stewart Park, located in the middle of Midtown, provides ball fields, a playground, and a seasonal wading pool. On the east side, East Phillips Park offers a community center, a basketball court, and a playground. Midtown is just over a mile south of Downtown Minneapolis and is close to the Minneapolis Institute of Art, the Walker Art Center, the Minneapolis Sculpture Garden, the Minneapolis Convention Center, and US Bank Stadium -- home of the NFL Minnesota Vikings.
For those who prefer to walk or bike around town, the Midtown Greenway, a historic rail trail, is easily accessed from 29th Street. This trail connects with the Hiawatha Bike Trail with the landmark Martin Olav Sabo Bridge, a pedestrian bridge that was the first cable bridge in Minnesota.
Rent Trends
As of July 2025, the average apartment rent in Midtown Minneapolis is $926 for a studio, $1,133 for one bedroom, $1,497 for two bedrooms, and $1,806 for three bedrooms. Apartment rent in Midtown Minneapolis has increased by 0.5% in the past year.
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Studio
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513 sq ft
Average Sq Ft
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$926/month
Average Rent
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1 BR
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768 sq ft
Average Sq Ft
-
$1,133/month
Average Rent
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2 BR
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1,072 sq ft
Average Sq Ft
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$1,497/month
Average Rent
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3 BR
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1,464 sq ft
Average Sq Ft
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$1,806/month
Average Rent
Transportation
81
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
58
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
96
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.
Points of Interest
Shopping Centers
Parks and Recreation
- Cedar Avenue Field Park
- Stewart Park
- East Phillips Park
- Peavey Park
- Corcoran Park
Military Bases
Airports
- Minneapolis-St Paul International/Wold-Chamberlain
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Methodology
† 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.