Velo
115 N 2nd St,
Minneapolis,
MN
55401
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Total Monthly Price
$1,359 - $4,233
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Bedrooms
Studio - 2 bd
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Bathrooms
1 - 2 ba
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Square Feet
532 - 1,234 sq ft
Highlights
- Walker's Paradise
- Bike-Friendly Area
- Walk-In Closets
- Controlled Access
- Balcony
- Patio
Pricing & Floor Plans
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Unit 203price $1,590square feet 565availibility Now
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Unit 518price $1,404square feet 532availibility May 4
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Unit 319price $1,660square feet 622availibility Now
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Unit 409price $1,705square feet 722availibility Now
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Unit 609price $1,725square feet 722availibility Apr 21
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Unit 610price $1,702square feet 726availibility Mar 24
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Unit 210price $1,677square feet 726availibility Apr 24
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Unit 520price $2,934square feet 1,101availibility Apr 14
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Unit 203price $1,590square feet 565availibility Now
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Unit 518price $1,404square feet 532availibility May 4
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Unit 319price $1,660square feet 622availibility Now
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Unit 409price $1,705square feet 722availibility Now
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Unit 609price $1,725square feet 722availibility Apr 21
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Unit 610price $1,702square feet 726availibility Mar 24
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Unit 210price $1,677square feet 726availibility Apr 24
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Unit 520price $2,934square feet 1,101availibility Apr 14
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.
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Utilities & Essentials
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Utility - Billing Administrative FeeAmount to manage utility services billing. Charged per unit.$4.65 / mo
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Trash Services - HaulingAmount for shared trash/waste services. Charged per unit.Varies / moDisclaimer: 52 Utility apportionment is allocation: unit size & occupants.Read More Read Less
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Utility - Natural Gas - Third PartyUsage-Based (Utilities).Amount for provision and consumption of natural gas paid to a third party. Charged per unit. Payable to 3rd PartyVaries / mo
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One-Time Basics
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Due at Application
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Application FeeAmount to process application, initiate screening, and take a rental home off the market. Charged per applicant.$50
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Due at Move-In
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Administrative FeeAmount to facilitate move-in process for a resident. Charged per unit.$150
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Due at Application
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Dogs
Max of 2Restrictions:
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Cats
Max of 2Restrictions:
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Pet Fees
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Pet FeeMax of 2. Amount to facilitate authorized pet move-in. Charged per pet.$300
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Garage Lot
Comments
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Additional Parking Options
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OtherHeated underground parking available. All spaces are assigned parking.
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Returned Payment Fee (NSF)Amount for returned payment. Charged per unit.$30 / occurrence
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Utility - Vacant Processing FeeAmount for failing to transfer utilities into resident name. Charged per unit.$35 / occurrence
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Intra-Community Transfer FeeAmount due when transferring to another rental unit within community. Charged per unit.$600 / occurrence
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Lease Buy OutAmount agreed upon by resident to terminate lease early and satisfy lease terms; additional conditions apply. Charged per unit.200% of base rent / occurrence
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Access/Lock Change FeeAmount to change or reprogram access to rental home. Charged per unit.$35 / occurrence
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Early Lease Termination/CancellationAmount to terminate lease earlier than lease end date; excludes rent and other charges. Charged per unit.100% of base rent / occurrence
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Late FeeAmount for paying after rent due date; per terms of lease. Charged per unit.7.99% of base rent / occurrence
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Utility - Vacant Cost RecoveryUsage-Based (Utilities).Amount for utility usage not transferred to resident responsibility any time during occupancy. Charged per unit.Varies / occurrence
Property Fee Disclaimer: Total Monthly Leasing Price includes base rent, all monthly mandatory and any user-selected optional fees. Excludes variable/usage-based utilities and services, deposits, and required one-time fees due at or prior to move-in or at move-out. The total price varies on selected options, third-party rates, and other variable factors, including usage-based rates. Security Deposit may change based on screening results, but total will not exceed legal maximums. Some items may be taxed under applicable law. Some fees may not apply to rental homes subject to an affordable program. All fees are subject to application and/or lease terms, which may be requested prior to applying. Prices and availability subject to change. Resident is responsible for damages beyond ordinary wear and tear. Resident may need to maintain insurance and to activate and maintain utility services, including but not limited to electricity, water, gas, and internet, per the lease. Utilities included in rent: None. Pets: Pet breed and other pet restrictions apply. Rentable Items: All Parking, storage, and other rentable items are subject to availability. Final pricing and availability will be determined during lease agreement. See Leasing Agent for details.
Details
Lease Options
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3 - 15 Month Leases
Property Information
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Built in 2014
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101 units/6 stories
Matterport 3D Tours
Select a unit to view pricing & availability
About Velo
VÉLO was thoughtfully designed to provide residents with a genuine and inspiring environment that facilitates healthy sustainable living. Easy access to 170+ bike/walking trails, distinct local shops on the first level and in the bustling North Loop area, organic grocery store next door, public transportation, and rental bike stations make it apparent VÉLO is a hub in the urban lifestyle. The community provides many amenities that add convenience, revitalize, inspire, and satisfy everyday needs. Featuring storage lockers, guest parking, and a bike wash with an extensive bike repair station. Exercise in the fitness center, or yoga studio and then unwind in the cool down room or schedule a message. Entertain with the skyline of Downtown Minneapolis as your background on the outdoor club patio, bar, and grill, bocce ball court, or around the fire pit.
Velo is an apartment community located in Hennepin County and the 55401 ZIP Code. This area is served by the Minneapolis Public School Dist. attendance zone.
Unique Features
- Bike Workshop
- Party Room
- Amenity Terrace
- Bike Storage
- Massage Room
- Wood Plank Flooring
- Outdoor Grilling Station
- Leasing Office
- Outdoor Sun Shower
- Yoga Studio
- Bocce Ball
- Fireplace and Firepit
Community Amenities
- Controlled Access
- Lounge
- Fitness Center
- Courtyard
Apartment Features
Air Conditioning
Dishwasher
Washer/Dryer Hookup
Walk-In Closets
- Washer/Dryer Hookup
- Air Conditioning
- Heating
- Ceiling Fans
- Cable Ready
- Satellite TV
- Storage Space
- Wheelchair Accessible (Rooms)
- Dishwasher
- Disposal
- Microwave
- Range
- Refrigerator
- Walk-In Closets
- Window Coverings
- Balcony
- Patio
Also known as the Warehouse District, North Loop is an artistic neighborhood just over one mile northwest of Downtown Minneapolis. With a laid-back vibe, North Loops offers a diverse community and an array of unique businesses. Former industrial buildings have transformed into hip lofts and farm-to-table restaurants such as Spoon and Stable on North 1st Street. Locals enjoy visiting Target Field for a Twins game or the Minneapolis Farmers Market for local product, snacks, and candy. Public transit, local breweries, interstate access, and more make North Loop the convenient and unique place that it is. North Loop sits along the Mississippi River separating the neighborhood from Boom Island Park, a riverside green space with a boat dock, walking paths, and a playground.
Learn more about living in North LoopCompare neighborhood and city base rent averages by bedroom.
| North Loop | Minneapolis, MN | |
|---|---|---|
| Studio | $1,539 | $1,134 |
| 1 Bedroom | $1,995 | $1,394 |
| 2 Bedrooms | $3,439 | $2,071 |
| 3 Bedrooms | $7,035 | $2,396 |
- Controlled Access
- Lounge
- Courtyard
- Fitness Center
- Bike Workshop
- Party Room
- Amenity Terrace
- Bike Storage
- Massage Room
- Wood Plank Flooring
- Outdoor Grilling Station
- Leasing Office
- Outdoor Sun Shower
- Yoga Studio
- Bocce Ball
- Fireplace and Firepit
- Washer/Dryer Hookup
- Air Conditioning
- Heating
- Ceiling Fans
- Cable Ready
- Satellite TV
- Storage Space
- Wheelchair Accessible (Rooms)
- Dishwasher
- Disposal
- Microwave
- Range
- Refrigerator
- Walk-In Closets
- Window Coverings
- Balcony
- Patio
| Monday | 9am - 6pm |
|---|---|
| Tuesday | 9am - 6pm |
| Wednesday | 9am - 6pm |
| Thursday | 9am - 6pm |
| Friday | 9am - 5pm |
| Saturday | 10am - 5pm |
| Sunday | Closed |
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Walk: | 18 min | 0.9 mi | |
| Drive: | 4 min | 1.1 mi | |
| Drive: | 5 min | 1.6 mi | |
| Drive: | 6 min | 2.1 mi |
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
Transportation options available in Minneapolis include Warehouse District/Hennepin Avenue Station, located 0.4 mile from Velo. Velo is near Minneapolis-St Paul International/Wold-Chamberlain, located 11.1 miles or 23 minutes away.
| Transit / Subway | Distance | ||
|---|---|---|---|
| Transit / Subway | Distance | ||
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Walk: | 7 min | 0.4 mi |
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Walk: | 9 min | 0.5 mi |
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Walk: | 9 min | 0.5 mi |
| Walk: | 10 min | 0.6 mi | |
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Walk: | 16 min | 0.9 mi |
| Commuter Rail | Distance | ||
|---|---|---|---|
| Commuter Rail | Distance | ||
|
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Walk: | 9 min | 0.5 mi |
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Drive: | 13 min | 8.0 mi |
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Drive: | 19 min | 10.8 mi |
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Drive: | 28 min | 19.1 mi |
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Drive: | 29 min | 20.8 mi |
| Airports | Distance | ||
|---|---|---|---|
| Airports | Distance | ||
|
Minneapolis-St Paul International/Wold-Chamberlain
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Drive: | 23 min | 11.1 mi |
Time and distance from Velo.
| Shopping Centers | Distance | ||
|---|---|---|---|
| Shopping Centers | Distance | ||
| Walk: | 13 min | 0.7 mi | |
| Drive: | 5 min | 1.7 mi | |
| Drive: | 5 min | 1.7 mi |
| Parks and Recreation | Distance | ||
|---|---|---|---|
| Parks and Recreation | Distance | ||
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Nicollet Island Park
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Walk: | 11 min | 0.6 mi |
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First Bridge Park
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Walk: | 13 min | 0.7 mi |
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Mill Ruins Park
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Walk: | 13 min | 0.7 mi |
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Mills City Museum
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Walk: | 15 min | 0.8 mi |
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Boom Island Park
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Drive: | 5 min | 1.5 mi |
| Hospitals | Distance | ||
|---|---|---|---|
| Hospitals | Distance | ||
| Drive: | 4 min | 1.3 mi | |
| Drive: | 6 min | 2.1 mi | |
| Drive: | 7 min | 2.4 mi |
| Military Bases | Distance | ||
|---|---|---|---|
| Military Bases | Distance | ||
| Drive: | 17 min | 8.1 mi |
Velo Photos
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Velo
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Property Tour
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Velo
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Amenity Terrace
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Entrance
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Models
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Studio
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Studio
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Studio
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Studio
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Studio
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1 Bedroom
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While Velo does not offer in-unit laundry, some units include washer and dryer hookups so residents can install their own appliances.
Utilities are not included in rent. Residents should plan to set up and pay for all services separately.
Parking is available at Velo. Fees may apply depending on the type of parking offered. Contact this property for details.
Velo has studios to two-bedrooms with rent ranges from $1,359/mo. to $4,233/mo.
Yes, Velo welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.
A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $1,359 for a studio, you would need to earn about $54,346 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.
Velo is offering Specials for eligible applicants, with rental rates starting at $1,359.
Yes! Velo offers 8 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources
115 N 2nd St
Minneapolis, MN 55401