Dakar on Lake
1626 E Lake St,
Minneapolis, MN 55407
$1,199 - $1,249 Plus Fees
1 Bed
Area Guide
Powderhorn Park Minneapolis, MN
A biker’s paradise just three miles south of downtown
Walkable
•
Bike-Friendly
•
Active
Nestled just three miles south of Downtown Minneapolis, Powderhorn Park surrounds a beautiful greenspace with the same name. This park offers athletic fields, a lake, a recreation center, and community events. Apartments vary from affordable to mid-range, and many are within walking distance of the neighborhood’s 66-acre park. The neighborhood’s walkability and biker-friendly streets make it even more appealing to renters, along with its easy access to the city center. Powderhorn Park is mainly residential, with a few local restaurants within the neighborhood, and even more options on the outskirts of town.
Rent Trends
As of June 2026, the average apartment rent in Powderhorn Park is $1,037 for a studio, $921 for one bedroom, $967 for two bedrooms, and $622 for three bedrooms. Apartment rent in Powderhorn Park has increased by 0.6% in the past year.
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Studio
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503 sq ft
Average Sq Ft
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$1,037/month
Average Rent
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1 BR
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604 sq ft
Average Sq Ft
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$921/month
Average Rent
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2 BR
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910 sq ft
Average Sq Ft
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$967/month
Average Rent
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3 BR
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1,200 sq ft
Average Sq Ft
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$622/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Powderhorn Park - Minneapolis, MN is for everyday living.
Moderately Walkable
Walkability
70
/ 100
Good Public Transit
Transit
70
/ 100
Moderately Drivable
Drivability
70
/ 100
Very Bikeable
Bikeability
80
/ 100
Daily Essentials
Powderhorn Park - Minneapolis, MN offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 10 Minute Walk
Groceries
80
/ 100
Good Restaurant Variety Nearby
Restaurants
60
/ 100
Fair Café Variety Nearby
Cafes
40
/ 100
Good Variety of Shops Nearby
Shopping
60
/ 100
Recreation
Powderhorn Park - Minneapolis, MN provides green space and wellness resources in certain areas.
Very Large Amount of Park Space Nearby
Parks
80
/ 100
Fair Wellness Amenity Variety Nearby
Wellness
50
/ 100
Local Vibe
Get a sense of what it’s like to live in Powderhorn Park - Minneapolis, MN from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
40
/ 100
Fair Nightlife Variety Nearby
Nightlife
40
/ 100
Somewhat Noisy
Quiet Score
80
/ 100
Scores provided by
Reviews of Powderhorn Park - Minneapolis, MN
Niche Reviews 
6 Reviews
Nearby Resident
5 years and 3 months ago•Niche Review
Biggest park over south and in the city. Its average has some problems but theirs lots of cameras and gentrifiers now
Current Resident
7 years and 5 months ago•Niche Review
We've lived in Powderhorn for 10 yrs. It has wonderful diversity and a thriving arts community too. There are some issues with petty theft (package theft, looking for unlocked cars, etc...). But we've been able to stop those with some security measures. Neighbors are great. We live on a block with almost all duplexes and most are owner occupied. Some of the issues arise from our proximity to ChiLake Liquors. But being so close to the park, Mayday Cafe, greenway and Midtown Global Market make up for it.
Points of Interest
Shopping Centers
Parks and Recreation
- Powderhorn Park
- Corcoran Park
- Stewart Park
- Phelps Park
- Sibley Park
Military Bases
Airports
- Minneapolis-St Paul International/Wold-Chamberlain
Top Apartments in Powderhorn Park
Search Nearby Rentals
Nearby City Rentals
Nearby Neighborhood Rentals
Nearby House Rentals
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 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.