• Flats at Malcolm Yards - Flats at Malcolm Yards

Flats at Malcolm Yards

505 SE Malcolm Ave, Minneapolis, MN 55414

Floor Plan Summary
Total Monthly Price Bedrooms Bathrooms
$1,067 - $1,735 1 - 2 1 Bath
12 Month Lease
View Fees and Policies

Pricing and Floor Plans

1 Bedroom (511B350, 511B350A, 511B350H/L)

$1,201
1 Bed, 1 Bath
622 - 645 Sq. Ft.

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5 Rentals Available
Unit
Total Price
Sq. Ft.
Available
507
$1,201
622
Now
606
$1,201
645
Now
615
$1,201
622
Now

1 Bedroom (511B360, 511B360b)

$1,450
1 Bed, 1 Bath
613 - 622 Sq. Ft.

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3 Rentals Available
Unit
Total Price
Sq. Ft.
Available
504
$1,450
622
Now
616
$1,450
622
Now
505
$1,450
613
12/5/25

1 Bedroom (511B560b)

$1,450
1 Bed, 1 Bath
630 Sq. Ft.

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2 Rentals Available
Unit
Total Price
Sq. Ft.
Available
626
$1,450
630
Now
426
$1,450
630
Now

1 Bedroom (511B150, 511B150H)

$1,201
1 Bed, 1 Bath
622 Sq. Ft.

Show Floor Plan Details

Nov. 5
Unit
Total Price
Sq. Ft.
Available
110
$1,201
622
11/5/25
118
$1,201
622
11/5/25
* Price shown is total price including community-supplied monthly required fees. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.

Income Restrictions

Income restrictions apply to some or all residents. Contact the community for more information.

How To Qualify

Based on the size of your household, your Maximum Annual Income must be equal to or less than the amount listed in this chart.

1 Person Household
% AMIIncome Limit
30%$27,810
50%$46,350
60%$55,620

Details

Lease Term Options

  • 12 mo

Property Information

  • Built in 2023
  • 143 units / 6 stories

Fees and Policies

Rent Estimate
Cost Calculator: Estimate your monthly and one-time fees.View More

The fees below are based on community-supplied data and may exclude additional fees and utilities.

Utilities & Essentials

  • Utility - Billing Administrative Fee
    $4.25 / mo
  • Utility - Gas
    Included in Rent
  • Utility - Water
    Included in Rent
  • Utility - Sewer
    Included in Rent
  • Utility - Electric
    Varies

One-Time Basics

Due at Application

  • Application Fee Per Applicant
    $50 one-time

Due at Move-In

  • Security Deposit - Refundable
    Varies

Due at Move-Out

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.

Matterport 3D Tours

Property Highlights

  • Free Amenity WiFi
  • CoWorking Space
  • Large Closets
  • Pet Friendly (no breed or size restrictions)
  • Spanish Speaking Staff
  • EV Charging Stations
  • Stainless Appliances
  • View
  • Accessible Apartments
  • Amazing Location

Apartment Features

  • Air Conditioning
  • Balcony
  • Ceiling Fans
  • Den
  • Dishwasher
  • Disposal
  • Eat-in Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Heating

Community Features

  • 24 Hour Access
  • Bicycle Storage
  • Business Center
  • Car Charging Station
  • Clubhouse
  • Controlled Access
  • Elevator
  • Fitness Center
  • Garages
  • Grill

Map of Flats at Malcolm Yards

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Neighborhood Scores

Walk Score ®

Very Walkable73 / 100

Transit Score ®

Good Transit60 / 100

Bike Score ®

Biker's Paradise99 / 100

Soundscore

Active76 / 100

Transit

1 min Drive
2 min Drive
3 min Drive
2 min Drive
13 min Drive
Northstar Commuter Rail
12 min Drive
Amtrak
Airport
Minneapolis-St Paul International/Wold-Chamberlain
20 min Drive
Minneapolis–Saint Paul International

Moving to Prospect Park, Minneapolis, MN

Shopping Centers

Shoppers will appreciate Flats at Malcolm Yards proximity to Stadium Village, Park Crossing, and Dinkytown Center. Stadium Village is 1 mile away, and Park Crossing is within an 18 minute walk.

Commuting

With a TransitScore of 60, Flats at Malcolm Yards has good transit, including 10 transit stops within 24.3 miles. Transit options include Prospect Park Station and Westgate Station.

Parks and Recreation

Recreational activities near Flats at Malcolm Yards are plentiful. Discover 5 parks within 2 miles, including Tower Hill Park, Luxton Park, and Bell Museum of Natural History.

Airports

Living in Prospect Park provides easy access to Minneapolis-St Paul International/Wold-Chamberlain, located just 21 minutes from Flats at Malcolm Yards.

Local Education

Primary and Secondary Schools

2 rating

Pratt Elementary

Grades PK-5

Public

5 rating

Sanford Middle

Grades 6-8

Public

3 rating

Venture Academy

Grades 9-12

Charter

2 rating

Jennings Experiential High School

Grades 7-12

Charter

undefined rating

Second Foundation School

Grades K-12

Private

undefined rating

Minnehaha Academy Upper School

Grades PK-12

Private

Data provided by GreatSchools.org 2024 © 2024. All rights reserved.

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Colleges and Universities

School

Commute Time (Distance)

Augsburg College

Drive: 6 min (2.1 mi)

University of Minnesota

Drive: 7 min (2.4 mi)

Univ. of St Thomas, St. Paul

Drive: 7 min (2.8 mi)

Univ. of Minnesota, Saint Paul

Drive: 9 min (3.1 mi)

About Flats at Malcolm Yards

The Flats are Prospect Park's newest income qualified apartments. Explore modern, pet-friendly, living spaces and functional amenity spaces designed to enhance your everyday. Amenities include a Sky Lounge, Fitness Center, Underground Heated Parking,... Work-from-Home Stations, Common Area WIFI, and more.

Flats at Malcolm Yards is an apartment community

Halverson and Blaiser

Contact

Property Address:
505 SE Malcolm Ave,
Minneapolis, MN 55414
Phone Number: (651) 661-3393
More Information:
View Property Website
Office Hours
  • SundayCLOSED
  • Monday12:00 PM - 5:00 PM
  • Tuesday9:00 AM - 5:00 PM
  • WednesdayCLOSED
  • Thursday9:00 AM - 5:00 PM
  • Friday9:00 AM - 12:00 PM
  • SaturdayCLOSED

Renter Reviews

For Flats at Malcolm Yards

4.9

3 Ratings & Reviews

How Is This Rating Determined?

7/12/23

Cozy and Convenient!!!

I recently moved to Malcom flats in Minneapolis, and I must say it has been a fantastic experience. This apartment complex truly offers a cozy and convenient living environment that exceeded my expectations.

First and foremost, the location is ideal. Situated in the heart of Minneapolis, the apartment is within close proximity to a variety of amenities, including restaurants, shops, and entertainment venues. Additionally, its convenient access to major transportation routes made commuting a...
breeze.

Upon entering the apartment, I was greeted with a well-designed and comfortable living space. The floor plan was thoughtfully laid out, maximizing the available space without compromising on functionality. The interiors were modern and stylish, creating a pleasant atmosphere to come home to.

The management and staff at 505 Malcolm St. SE were exceptional. They were always prompt and attentive in addressing any concerns or maintenance requests I had. The on-site maintenance team was efficient and friendly, ensuring that any issues were resolved quickly.

One standout feature of this complex is the range of amenities provided. The fitness center was well-equipped and convenient, allowing residents to stay active without having to leave the premises. The communal areas, such as the lounge and outdoor spaces, were beautifully maintained and provided a welcoming environment to socialize

In conclusion, my experience at 505 Malcolm St. SE was truly delightful. From its excellent location to the well-designed apartments and exceptional management, this complex offers a comfortable and convenient living experience. I highly recommend considering 505 Malcolm St. SE for anyone seeking a cozy and hassle-free lifestyle in Minneapolis.

Review from Apartments.com

1 Person Found This Helpful

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6/28/23

Small apartments you can’t afford

The qualifications force you into an apartment that costs too much for your low income. It is ridiculous, the process is slow and communication is poor.

Review from Apartments.com

8 People Found This Helpful

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4/20/23

Not as Advertised

They don't allow full-time students, and they certainly aren't low income if that's what you're looking for. They require at least 41,000 a year for you to even qualify.

Review from Apartments.com

12 People Found This Helpful

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