Located at 48 27th Ave SE in Minneapolis, MN, this efficiently designed studio unit offers a practical and functional layout across a single floor. The combined living, dining, and kitchen area forms the heart of the space, featuring light-toned carpet flooring, warm neutral walls, and multiple windows fitted with horizontal blinds that allow natural light to filter in. A baseboard heating system runs along the exterior walls, ensuring comfort throughout the seasons. The kitchen is positioned at one end of the open-plan area and includes white appliances, providing a straightforward cooking space. A hallway entry with hard surface flooring connects the main living area to the rest of the unit and features a wall-mounted electrical panel. The bathroom is well-appointed with classic black-and-white tile work — mosaic tile floors, white field tiles, and a contrasting dark tile border — along with a wall-mounted sink, toilet, a tub-shower combination, and a mirrored medicine cabinet with overhead lighting. Two closets provide ample storage, with one featuring built-in shelving and hanging rods, maximizing organization within the compact footprint. Overall, the unit presents a clean, straightforward aesthetic suited for efficient, practical living.
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
$956 - $976
12 Month Lease
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Bedrooms
1 bd
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Bathrooms
1 ba
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Square Feet
490 sq ft
Highlights
- Walk To Campus
- Controlled Access
- Individual Locking Bedrooms
- Walking/Biking Trails
- Property Manager on Site
Pricing & Floor Plans
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Unit 1price $956square feet 490availibility Now
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Unit 103price $976square feet 490availibility Sep 1
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Unit 1price $956square feet 490availibility Now
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Unit 103price $976square feet 490availibility Sep 1
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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Utility - ElectricPay to Xcel Energy. Charged per unit. Payable to 3rd PartyUsage-Based
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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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Liability InsuranceRenters' Insurance required. Minimum $100,000 liability coverage. 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 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
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Cats
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Monthly Pet FeeMax of 2. Charged per pet.$25 / mo
0 lbs. Weight Limit, Pet interview, Spayed/NeuteredRestrictions:Pet cats must be over 1 year of age.Read More Read LessComments -
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Fish
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Monthly Pet FeeCharged per unit.$0 / mo
0 lbs. Weight Limit, Pet interview, Spayed/NeuteredComments -
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 | $1,214 | $1,151 |
| 1 Bedroom | $1,549 | $1,425 |
| 2 Bedrooms | $2,039 | $2,123 |
| 3 Bedrooms | $3,491 | $2,410 |
- 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 |
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|
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: | 3 min | 1.2 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: | 13 min | 0.7 mi | |
| Walk: | 21 min | 1.1 mi | |
| Drive: | 3 min | 1.1 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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Studio - 395SF - Bathroom
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Models
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1 Bedroom
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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 has one-bedroom available with rent ranges from $956/mo. to $976/mo.
Yes, Yale Place 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 $956 for a one-bedroom, you would need to earn about $38,240 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 offering Discounts for eligible applicants, with rental rates starting at $956.
Yes! Yale Place offers 1 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.