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:
-Dogs & Cats allowed
-Max 2 pets total
-Cats & Dogs must be spayed/neutered, vaccinated, and at least one year old
-Pet Deposit: $150 per pet
-Non-Refundable Fee: $150 per pet
-Fish are allowed in one tank max, 20 gallons or less
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
-Dog: $50.00
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.
Explore videoStatus: Special offer
Yale Place
48 27th Ave SE, Minneapolis, MN 55414
Verified
Expires January 1, 2027
Apartment building
1 bed
Pet-friendly
Parking lot
Air conditioning (wall unit)
Shared laundry
Available units
Price may not include required fees and charges.
 Unit 4 1 bd, 1 ba | 490 | Now | $935 |
What's special
Onsite laundryAvailable off-street parkingWell-kept apartment homes
Office hours
| Day | Open hours |
|---|---|
| Mon - Fri: | 8:30 am - 5 pm |
| Sat - Sun: | Closed |
Facts, features & policies
Building Amenities
Other
- Laundry: Laundry Shared/In-Building
Outdoor common areas
- Community Garden
Security
- Controlled Access
- Intercom
Services & facilities
- Bicycle Storage
- Online Maintenance Portal
Unit Features
Appliances
- Freezer
- Gas Range/Oven
- Oven
- Range
- Refrigerator
Cooling
- Air Conditioning
- Gas Cooling
- Wall Mounted Air Conditioning
Flooring
- Carpet
- Tile Flooring
- Vinyl Flooring
Internet/Satellite
- Cable TV Ready
- High-Speed Internet Ready
Other
- 24-Hour Emergency Maintenance
- Close To Walking Trails
- Gas Oven/Range
- Off-Street Parking (based On Availability- Fees Apply)
- On Bus Line
Policies
Parking
- Parking Lot
Utilities included in rent
- Electricity
- Gas
Special Features
- 24-Hour Maintenance
- Bike Rack
- Gas Heating Systems
- Off-Street Parking (based On Availability- Fees Apply)
- One Year Lease Length
- Online Rent Payment
- Smoke-Free Community
- Smoke-free building
Neighborhood: Prospect Park
Areas of interest
Use our interactive map to explore the neighborhood and see how it matches your interests.
Travel times
Getting around
Walk Score®
 / 100
Very WalkableTransit Score®
 / 100
Good TransitBike Score®
 / 100
Very BikeableNearby schools in Minneapolis
Pratt Elementary School
Grades PK-5 • 0.4 miles2/10
GreatSchools® Rating
Test Score Rating
2/10Student Progress Rating
2/10Northeast Middle School
Grades 6-8 • 3.9 miles2/10
GreatSchools® Rating
Test Score Rating
2/10Student Progress Rating
1/10Edison Senior High School
Grades 9-12 • 3.4 miles4/10
GreatSchools® Rating
Test Score Rating
4/10College Readiness Rating
4/10Living in Minneapolis
Prospect Park sits on Minneapolis’s east side near the Mississippi River, with the University of Minnesota and the historic Prospect Park Water Tower as notable landmarks. The landscape mixes residential streets, campus edges, and green spaces, including Tower Hill Park and nearby Mississippi riverfront trails. Winters are cold and snowy, while summers bring warm weather for walking and cycling. Dining and coffee options cluster along neighborhood streets and near the university; shopping is available nearby, with broader choices in surrounding districts. Local history is visible in the tower and older homes, while university venues add arts and cultural events. Residents can get around on foot or by bike, and the METRO Green Line connects Prospect Park with Minneapolis and St. Paul. Prospect Park neighborhood rent has a median of $1,900 per month and a typical range of $599 to $4,250.
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Frequently asked questions
Where is Yale Place located, and what is the neighborhood like?
Yale Place is located at 48 27th Ave SE in Prospect Park, Minneapolis, MN. The surrounding area includes multiple restaurants and cafes within 2 miles, such as Caspian Bistro, Caribou Coffee, and Surly Pizza Upstairs.
What is the average rent in Minneapolis, MN?
Based on the latest Zillow data, the median rent across all unit types in the Prospect Park neighborhood of Minneapolis is currently $1,900 per month. Prices vary by neighborhood, floor plan, and building amenities.
What schools are assigned to Yale Place?
The schools assigned to Yale Place include Pratt Elementary School, Northeast Middle School, and Edison Senior High School.
What are the grocery stores and everyday shopping options near Yale Place?
Yale Place is located near 6 grocery stores, including Fresh Thyme Farmers Market (0.4 miles) and Shabelle Ethiopian Grocery Store (0.9 miles). Additional shopping options, including CVS pharmacy, are approximately 0.5 miles away.
What hospitals and medical facilities are near Yale Place?
The closest hospitals and medical facilities to Yale Place include Ronald McDonald House Twin Cities (0.4 miles away), M Health Clinic Pharmacy (0.4 miles away), and University of Minnesota Health Clinics and Surgery Center (0.4 miles away).
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