240 Park Avenue
240 Park Ave,
Minneapolis, MN 55415
$1,550 - $7,995 Plus Fees
1-3 Beds
Mill District
Minneapolis, MN
Mill District - Minneapolis, MN Area Guide
Delight in the historic charm of this downtown, riverside neighborhood
Urban
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Historic
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Scenic
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Charming
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Riverside
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Nestled alongside the banks of the mighty Mississippi River, the Mill District is an exciting neighborhood in the eastern portion of Downtown Minneapolis. The Mill District is known for its stunning mix of historic architecture and modern delights.
The Mill District is home to a number of former flour mills, remnants of Minneapolis’ past life as the flour milling capital of the world. Many of these former flour mills have been converted into luxury lofts and condos. Even if you don’t live in one, you’ll appreciate the look of these impressive brick structures and their vintage signage juxtaposed against the modern Minneapolis skyline.
The neighborhood offers plenty of green space and opportunities for outdoor recreation at Mill Ruins Park and Gold Medal Park, along with close proximity to the Commons, U.S. Bank Stadium, and Bohemian Flats Park. Several cultural institutions call the neighborhood home, including Guthrie Theater and Mill City Museum. Most residents enjoy easy commutes with great access public transit, I-35W, the University of Minnesota Law School, Augsburg University, and countless downtown employers.
Explore the Neighborhood
The spiral walkway at Gold Medal Park is a must-walk feature.
Rent Trends
As of April 2026, the average apartment rent in Mill District is $1,546 for a studio, $2,009 for one bedroom, $3,325 for two bedrooms, and $6,873 for three bedrooms. Apartment rent in Mill District has increased by 4.1% in the past year.
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Studio
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538 sq ft
Average Sq Ft
-
$1,546/month
Average Rent
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1 BR
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726 sq ft
Average Sq Ft
-
$2,009/month
Average Rent
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2 BR
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1,171 sq ft
Average Sq Ft
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$3,325/month
Average Rent
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3 BR
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1,926 sq ft
Average Sq Ft
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$6,873/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Mill District - Minneapolis, MN is for everyday living.
Exceptionally Walkable
Walkability
90
/ 100
Exceptional Public Transit
Transit
90
/ 100
Moderately Drivable
Drivability
70
/ 100
Exceptionally Bikeable
Bikeability
90
/ 100
Daily Essentials
Mill District - Minneapolis, MN offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 10 Minute Walk
Groceries
80
/ 100
Great Restaurant Variety Nearby
Restaurants
80
/ 100
Good Café Variety Nearby
Cafes
60
/ 100
Good Variety of Shops Nearby
Shopping
60
/ 100
Recreation
Mill District - Minneapolis, MN provides ample green space and fitness centers within easy reach.
Exceptional Amount of Park Space Nearby
Parks
100
/ 100
Great Wellness Amenity Variety Nearby
Wellness
80
/ 100
Local Vibe
Get a sense of what it’s like to live in Mill District - Minneapolis, MN from everyday activity to noise and nightlife.
Vibrant Atmosphere
Vibrancy
70
/ 100
Great Nightlife Variety Nearby
Nightlife
80
/ 100
Fairly Noisy
Quiet Score
70
/ 100
Scores provided by
Points of Interest
Shopping Centers
Parks and Recreation
- Mills City Museum
- Mill Ruins Park
- First Bridge Park
- Father Hennepin Bluffs Park
- Water Power Park
Military Bases
Airports
- Minneapolis-St Paul International/Wold-Chamberlain
Top Apartments in Mill District
Houses for Rent in Mill District
Property Management Companies
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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 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.