This 350 square foot studio apartment in Minneapolis offers a thoughtful design that maximizes space efficiency. The main living area is open and versatile, with large windows that flood the room with natural light and provide a view of the surroundings. Plush carpeting covers the floor, adding warmth and comfort to the space. The bathroom is a standout feature, boasting a clean and modern aesthetic. White tiles dominate the walls, accented by a striking band of dark tiles that adds visual interest. A full-sized bathtub with shower functionality, a pedestal sink, and a toilet are neatly arranged to optimize the available space. Storage is cleverly integrated throughout the apartment. A sizable closet with built-in shelving and hanging rods offers ample room for personal belongings. The kitchenette, while compact, is designed for functionality, seamlessly blending into the main living space. The apartment's neutral color palette, predominantly in shades of white and beige, creates a bright and airy atmosphere. Baseboard heating ensures comfort during colder months. This studio apartment presents an ideal living solution for those seeking a cozy, low-maintenance urban dwelling in the heart of Minneapolis.
Yale Place
48 27th Ave SE,
Minneapolis,
MN
55414
Leasing Office:
810 Thornton St SE, Minneapolis, MN 55414
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Total Monthly Price
$916
12 Month Lease
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Bedrooms
Studio bd
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Bathrooms
1 ba
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Square Feet
395 sq ft
Located near the banks of the Mississippi River in the Prospect Park neighborhood of Minneapolis, Yale Place is tucked into a quiet residential setting with convenient access to the University of Minnesota and Interstate 94. These well-kept apartment homes offer onsite laundry and available off-street parking, providing comfort and convenience in a charming neighborhood setting. Come home to Yale Place. Pet Policies: -Cats allowed -Max 2 cats total -Cats must be spayed/neutered, vaccinated, and at least one year old Fixed Monthly Charges: -Electric paid to Xcel Energy -RUBS water/sewer variable* -RUBS Processing Fee $6.00 -Trash $15.00 -Minimum Liability Policy** $10.50 -LLI Processing Fee** $4.50 Optional Monthly Charges: -Parking: Off street parking $50.00 -Cat: $25.00 Lease Term: 12-Month Initial Lease Term Only *See utility addendum for full RUBS disclosure **Liability insurance fees are waived for renters that provide the Declarations Page of their own Renter's Insurance Policy See Hornig Companies Fee Disclosure for full details on all charges.
Highlights
- Walk To Campus
- Controlled Access
- Individual Locking Bedrooms
- Walking/Biking Trails
- Property Manager on Site
Pricing & Floor Plans
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Unit 105price $916square feet 395availibility Now
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Unit 105price $916square feet 395availibility Now
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.
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Utilities & Essentials
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Trash/RecyclingCharged per unit.$15 / mo
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RUBS Processing FeeCharged per unit.$6 / mo
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RUBS Water/SewerRUBS water/sewer variable* *See utility addendum for full RUBS disclosure Charged per resident.Varies / mo
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One-Time Basics
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Due at Application
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Application Fee Per ApplicantCharged per applicant.$50
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Pre-Lease DepositPre-Lease Deposit must be paid within 24 hours of application being approved. Charged per unit.$500
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Due at Application
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Details
Lease Options
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12 mo
Property Information
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Built in 1966
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18 units/3 stories
Matterport 3D Tour
About Yale Place
Located near the banks of the Mississippi River in the Prospect Park neighborhood of Minneapolis, Yale Place is tucked into a quiet residential setting with convenient access to the University of Minnesota and Interstate 94. These well-kept apartment homes offer onsite laundry and available off-street parking, providing comfort and convenience in a charming neighborhood setting. Come home to Yale Place. Pet Policies: -Cats allowed -Max 2 cats total -Cats must be spayed/neutered, vaccinated, and at least one year old Fixed Monthly Charges: -Electric paid to Xcel Energy -RUBS water/sewer variable* -RUBS Processing Fee $6.00 -Trash $15.00 -Minimum Liability Policy** $10.50 -LLI Processing Fee** $4.50 Optional Monthly Charges: -Parking: Off street parking $50.00 -Cat: $25.00 Lease Term: 12-Month Initial Lease Term Only *See utility addendum for full RUBS disclosure **Liability insurance fees are waived for renters that provide the Declarations Page of their own Renter's Insurance Policy See Hornig Companies Fee Disclosure for full details on all charges.
Yale Place is an apartment community located in Hennepin County and the 55414 ZIP Code. This area is served by the Minneapolis Public School Dist. attendance zone.
Unique Features
- 24-Hour Emergency Maintenance
- 24-Hour Maintenance
- Bike Rack
- Close to Walking Trails
- Community Garden
- Gas
- Gas Heating Systems
- Gas Included
- Gas Oven/Range
- Gas Range/Oven
- Laundry on site
- Laundry Shared/In-Building
- Non-Smoking Property
- Off-Street Parking (based on availability- fees apply)
- On Bus Line
- One Year Lease Length
- Online Maintenance Portal
- Online Rent Payment
- Parking Lot
- Smoke-Free Community
- Tile Flooring
- Wall Air Conditioning
Contact
Community Amenities
Laundry Facilities
Controlled Access
Recycling
24 Hour Access
- Laundry Facilities
- Controlled Access
- Maintenance on site
- Property Manager on Site
- 24 Hour Access
- Recycling
- Renters Insurance Program
- Online Services
- Public Transportation
- Bicycle Storage
- Walking/Biking Trails
- Individual Locking Bedrooms
- Private Bathroom
- Walk To Campus
Apartment Features
Air Conditioning
High Speed Internet Access
Refrigerator
Tub/Shower
- High Speed Internet Access
- Air Conditioning
- Heating
- Smoke Free
- Cable Ready
- Tub/Shower
- Intercom
- Kitchen
- Oven
- Range
- Refrigerator
- Freezer
- Gas Range
- Carpet
- Tile Floors
- Vinyl Flooring
- Linen Closet
- Double Pane Windows
- Window Coverings
Bordering the University of Minnesota and the Mississippi River, Prospect Park is a historic neighborhood featuring a dynamic blend of modern amenities and lush natural beauty in a 1.25-square-mile package. Prospect Park residents enjoy a true community atmosphere fostered by an array of frequent festivals, events, block parties, and a community garden.
Locals delight in sweeping views of the Minneapolis skyline at Tower Hill Park, which also boasts the iconic Witch’s Hat water tower. Within its borders, Prospect Park contains TCF Bank Stadium, home of the Minnesota Golden Gophers. The sprawling Surly Brewing Company is located in Prospect Park as well, offering residents access to a beer hall, beer garden, tours, event space, and an upstairs eatery.
University Avenue serves as the neighborhood’s main thoroughfare, touting an array of diverse eateries and shops.
Learn more about living in Prospect ParkCompare neighborhood and city base rent averages by bedroom.
| Prospect Park | Minneapolis, MN | |
|---|---|---|
| Studio | $1,204 | $1,134 |
| 1 Bedroom | $1,522 | $1,407 |
| 2 Bedrooms | $2,018 | $2,096 |
| 3 Bedrooms | $3,415 | $2,403 |
- Laundry Facilities
- Controlled Access
- Maintenance on site
- Property Manager on Site
- 24 Hour Access
- Recycling
- Renters Insurance Program
- Online Services
- Public Transportation
- Bicycle Storage
- Walking/Biking Trails
- Individual Locking Bedrooms
- Private Bathroom
- Walk To Campus
- 24-Hour Emergency Maintenance
- 24-Hour Maintenance
- Bike Rack
- Close to Walking Trails
- Community Garden
- Gas
- Gas Heating Systems
- Gas Included
- Gas Oven/Range
- Gas Range/Oven
- Laundry on site
- Laundry Shared/In-Building
- Non-Smoking Property
- Off-Street Parking (based on availability- fees apply)
- On Bus Line
- One Year Lease Length
- Online Maintenance Portal
- Online Rent Payment
- Parking Lot
- Smoke-Free Community
- Tile Flooring
- Wall Air Conditioning
- High Speed Internet Access
- Air Conditioning
- Heating
- Smoke Free
- Cable Ready
- Tub/Shower
- Intercom
- Kitchen
- Oven
- Range
- Refrigerator
- Freezer
- Gas Range
- Carpet
- Tile Floors
- Vinyl Flooring
- Linen Closet
- Double Pane Windows
- Window Coverings
| Monday | 10am - 5pm |
|---|---|
| Tuesday | 10am - 5pm |
| Wednesday | 10am - 5pm |
| Thursday | 10am - 5pm |
| Friday | 10am - 5pm |
| Saturday | Closed |
| Sunday | Closed |
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 3 min | 1.2 mi | |
| Drive: | 6 min | 2.5 mi | |
| Drive: | 8 min | 2.7 mi | |
| Drive: | 8 min | 3.5 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 Prospect Park Station, located 0.6 mile from Yale Place. Yale Place is near Minneapolis-St Paul International/Wold-Chamberlain, located 9.8 miles or 21 minutes away.
| Transit / Subway | Distance | ||
|---|---|---|---|
| Transit / Subway | Distance | ||
| Walk: | 11 min | 0.6 mi | |
| Walk: | 13 min | 0.7 mi | |
| Walk: | 17 min | 0.9 mi | |
| Drive: | 3 min | 1.2 mi | |
| Drive: | 4 min | 1.4 mi |
| Commuter Rail | Distance | ||
|---|---|---|---|
| Commuter Rail | Distance | ||
|
|
Drive: | 10 min | 3.7 mi |
|
|
Drive: | 13 min | 7.6 mi |
|
|
Drive: | 19 min | 12.3 mi |
|
|
Drive: | 31 min | 22.9 mi |
|
|
Drive: | 33 min | 24.5 mi |
| Airports | Distance | ||
|---|---|---|---|
| Airports | Distance | ||
|
Minneapolis-St Paul International/Wold-Chamberlain
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Drive: | 21 min | 9.8 mi |
Time and distance from Yale Place.
| Shopping Centers | Distance | ||
|---|---|---|---|
| Shopping Centers | Distance | ||
| Walk: | 13 min | 0.7 mi | |
| Drive: | 3 min | 1.2 mi | |
| Drive: | 4 min | 1.5 mi |
| Parks and Recreation | Distance | ||
|---|---|---|---|
| Parks and Recreation | Distance | ||
|
Luxton Park
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Walk: | 4 min | 0.2 mi |
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Tower Hill Park
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Walk: | 11 min | 0.6 mi |
|
Matthews Park
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Walk: | 19 min | 1.0 mi |
|
Riverside Park
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Walk: | 19 min | 1.0 mi |
|
East River Flats Park
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Drive: | 4 min | 1.1 mi |
| Hospitals | Distance | ||
|---|---|---|---|
| Hospitals | Distance | ||
| Walk: | 21 min | 1.1 mi | |
| Drive: | 6 min | 2.4 mi | |
| Drive: | 7 min | 2.7 mi |
| Military Bases | Distance | ||
|---|---|---|---|
| Military Bases | Distance | ||
| Drive: | 16 min | 6.8 mi |
Yale Place Photos
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Yale Place
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Studio - 395SF
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Yale Place
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Studio - 395SF - Kitchen
Models
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Studio
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Studio - 395SF
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While Yale Place does not provide in‑unit laundry, on‑site laundry facilities are available for shared resident use.
Utilities are not included in rent. Residents should plan to set up and pay for all services separately.
Parking is available at Yale Place. Fees may apply depending on the type of parking offered. Contact this property for details.
Yale Place does not allow pets, though service animals are always welcome in accordance with applicable laws.
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 $916 for a studio, you would need to earn about $36,640 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.
Yale Place is not currently offering any rent specials. Check back soon, as promotions change frequently.
Yes! Yale Place offers 1 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.