Parkline Flats
2110 S Park Ave,
Minneapolis, MN 55404
$799 - $1,049 Plus Fees
Studio - 1 Bed | 12 Month Lease
Phillips continues to grow as a sought-after urban locale just south of Downtown Minneapolis thanks to its developing business scene, engaging community groups, a calendar of local events, and an active, diverse community. Phillips encompasses four smaller neighborhoods: Ventura Village, Phillips West, East Phillips, and Midtown Phillips. South of downtown by just over two miles, Phillips has links to the heart of the city; yet its parks, historic Franklin Avenue, and thriving arts scene will make anyone feel at home.
Phillips hosts both locally owned businesses and some of Minneapolis’ biggest companies, such as Wells Fargo Bank and Abbott Northwestern Hospital. Because of the nearby employers, namely the hospitals and shopping centers along Franklin Avenue and East Lake Street, there’s an incredible variety of rentals. Long-standing apartments and townhomes share the street with eye-catching Victorian homes, some still occupied by single families, others split into rental units. Either way, Phillips provides a convenient environment for those who can walk to work, or those who just want to be close to the action.
As of March 2026, the average apartment rent in Phillips is $1,056 for a studio, $800 for one bedroom, $895 for two bedrooms, and $1,154 for three bedrooms. Apartment rent in Phillips has increased by 1.1% in the past year.
Studio
385 sq ft
Average Sq Ft
$1,056/month
Average Rent
1 BR
540 sq ft
Average Sq Ft
$800/month
Average Rent
2 BR
259 sq ft
Average Sq Ft
$895/month
Average Rent
3 BR
725 sq ft
Average Sq Ft
$1,154/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Phillips - Minneapolis, MN is for everyday living.
Very Walkable
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
The area around this property has good transit with many nearby transportation options.
Biker's Paradise
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
3,491
Communities
958,581
Units
894
Cities
716
Communities
198,387
Units
338
Cities
631
Communities
175,806
Units
251
Cities
625
Communities
125,220
Units
245
Cities
566
Communities
126,998
Units
222
Cities
458
Communities
108,653
Units
228
Cities
† 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.