Dakar on Lake
1626 E Lake St,
Minneapolis, MN 55407
$1,199 Plus Fees
1 Bed
Area Guide
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.
As of August 2026, the average apartment rent in Powderhorn Park is $1,038 for a studio, $922 for one bedroom, $968 for two bedrooms, and $622 for three bedrooms. Apartment rent in Powderhorn Park has decreased by -0.1% in the past year.
Studio
503 sq ft
Average Sq Ft
$1,038/month
Average Rent
1 BR
604 sq ft
Average Sq Ft
$922/month
Average Rent
2 BR
910 sq ft
Average Sq Ft
$968/month
Average Rent
3 BR
1,200 sq ft
Average Sq Ft
$622/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Powderhorn Park - Minneapolis, MN is for everyday living.
Moderately Walkable
Walkability
Good Public Transit
Transit
Moderately Drivable
Drivability
Very Bikeable
Bikeability
In Powderhorn Park - Minneapolis, MN, daily errands are quick and hassle-free.
Supermarket Within a 5 Minute Walk
Groceries
Great Restaurant Variety Nearby
Restaurants
Good Café Variety Nearby
Cafes
Good Variety of Shops Nearby
Shopping
Powderhorn Park - Minneapolis, MN provides green space and wellness resources in certain areas.
Very Large Amount of Park Space Nearby
Parks
Fair Wellness Amenity Variety Nearby
Wellness
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
Good Nightlife Variety Nearby
Nightlife
Somewhat Noisy
Quiet Score
Current Resident
8 years and 5 months ago•Niche Review
It's your average neighborhood - only thing I would complain about is the catcalling when I used to walk to the bus stop/gas station/grocery store/etc. Other than that it's a really pretty neighborhood.
† 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.