Flats at Malcolm Yards Apartments
505 SE Malcolm Ave, Minneapolis, MN 55414
| Monthly Rent | Bedrooms | Bathrooms | |||
|---|---|---|---|---|---|
| $1,201 - $1,735 | 1 - 2 Beds | 1 - 2 | 1 Bath | 1 Bath | 622 - 808 sq. ft. |
| View Fees and Policies |
Pricing and Floor Plans
1 Bedroom (511B350, 511B350A, 511B350H/L)
$1,201
1 Bed, 1 Bath
, 622 Sq. Ft.
Show Floor Plan Details
5 Rentals Available
Unit
Price
Sq. Ft.
Available
615
$1,201
622 Sq. Ft.
Now
507
$1,201
622 Sq. Ft.
8/5/25
611
$1,201
622 Sq. Ft.
8/5/25
1 Bedroom (511B360, 511B360b)
$1,450
1 Bed, 1 Bath
, 622 Sq. Ft.
Show Floor Plan Details
Sep. 5
Unit
Price
Sq. Ft.
Available
624
$1,450
622 Sq. Ft.
9/5/25
616
$1,450
622 Sq. Ft.
10/5/25
609
$1,450
622 Sq. Ft.
10/5/25
1 Bedroom (511B150, 511B150H)
$1,201
1 Bed, 1 Bath
, 622 Sq. Ft.
Show Floor Plan Details
Sep. 5
Unit
Price
Sq. Ft.
Available
106
$1,201
622 Sq. Ft.
9/5/25
120
$1,201
622 Sq. Ft.
9/5/25
1 Bedroom (511B460)
$1,450
1 Bed, 1 Bath
, 660 Sq. Ft.
Show Floor Plan Details
Aug. 5
Unit
Price
Sq. Ft.
Available
500
$1,450
660 Sq. Ft.
8/5/25
2 Bedroom (511C560b)
$1,735
2 Beds, 1 Bath
, 808 Sq. Ft.
Show Floor Plan Details
Aug. 5
Unit
Price
Sq. Ft.
Available
617
$1,735
808 Sq. Ft.
8/5/25
* Price shown is base rent and may not include non-optional fees and utilities. 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.
* Price shown is base rent and may not include non-optional fees and utilities. 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
| % AMI | Income Limit |
| 30% | $27,810 |
| 50% | $46,350 |
| 60% | $55,620 |
2 Person Household
| % AMI | Income Limit |
| 30% | $31,800 |
| 50% | $53,000 |
| 60% | $63,600 |
3 Person Household
| % AMI | Income Limit |
| 30% | $35,760 |
| 50% | $59,600 |
| 60% | $71,520 |
4 Person Household
| % AMI | Income Limit |
| 30% | $39,720 |
| 50% | $66,200 |
| 60% | $79,440 |
5 Person Household
| % AMI | Income Limit |
| 30% | $42,900 |
| 50% | $71,500 |
| 60% | $85,800 |
6 Person Household
| % AMI | Income Limit |
| 30% | $46,080 |
| 50% | $76,800 |
| 60% | $92,160 |
Details
Lease Term Options
- 12
Property Information
- Built in 2023
- 143 units / 6 stories
Fees and Policies
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.
One-Time Move-In Fees
- Application Fee$50
- Security Deposit Refundable$300
Cats Allowed
- Monthly Pet Rent$0
- One Time Fee$0
- Pet Deposit$500
- Pet Limit2
Dogs Allowed
- Monthly Pet Rent$0
- One Time Fee$0
- Pet Deposit$500
- Pet Limit2
Parking
- Garage--
Property Highlights
- U of M Transitway
- Free Amenity WiFi
- EV Charging Stations
- Air Conditioner
- Patio/Balcony
- Pet Spa
- Wheelchair Access
- CoWorking Space
- Large Closets
- Pet Friendly (no breed or size restrictions)
- Spanish Speaking Staff
- Carpeting
- Efficient Appliances
- Extra Storage
- Vinyl Plank Flooring
- Accessible Apartments
- Amazing Location
- BBQ/Picnic Area
- Electronic Thermostat
- Storage Lockers and Bike Storage
- Stainless Appliances
- View
Apartment Features
- Air Conditioning
- Balcony
- Ceiling Fans
- Den
- Dishwasher
- Disposal
- Eat-in Kitchen
- Granite Countertops
- Hardwood Floors
- Heating
- High Speed Internet Access
- Island Kitchen
- Large Bedrooms
- Patio
- Smoke Free
- Sprinkler System
- Storage Units
- Tile Floors
- Walk-In Closets
- Washer/Dryer
- Wheelchair Accessible (Rooms)
- Wi-Fi
Community Features
- 24 Hour Access
- Bicycle Storage
- Business Center
- Car Charging Station
- Clubhouse
- Controlled Access
- Elevator
- Fitness Center
- Garages
- Grill
- Income Restricted
- Key Fob Entry
- Laundry Facilities
- Lounge
- Maintenance on site
- Multi Use Room
- Package Service
- Pet Play Area
- Pet Washing Station
- Picnic Area
- Property Manager on Site
- Public Transportation
- Roof Terrace
- Spa
- Storage Space
- Sundeck
- Utilities Included
- Walk To Campus
- Walking/Biking Trails
Neighborhood Scores
Walk Score ®
Very Walkable72 / 100
Transit Score ®
Good Transit57 / 100
Bike Score ®
Biker's Paradise99 / 100
Soundscore ™
Active76 / 100
Transit
Subway
Westgate Station1 min Drive
Subway
Prospect Park Station2 min Drive
Subway
Stadium Village Station3 min Drive
Subway
Raymond Ave Station2 min Drive
Commuter Rail
Target Field Station13 min Drive
Commuter Rail
St. Paul-Minneapolis12 min Drive
Airport
Minneapolis-St Paul International/Wold-Chamberlain
20 min Drive
Moving to Prospect Park, Minneapolis, MN
Shopping Centers
Shoppers will appreciate Flats at Malcolm Yards Apartments 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 57, Flats at Malcolm Yards Apartments 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 Apartments 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 Apartments.
Local Education
Primary and Secondary Schools
Pratt Elementary
Grades PK-5
Public
Sanford Middle
Grades 6-8
Public
Venture Academy
Grades 9-12
Charter
Jennings Experiential High School
Grades 7-12
Charter
Second Foundation School
Grades K-12
Private
Minnehaha Academy Upper School
Grades PK-12
Private
Data provided by GreatSchools.org 2024 © 2024. All rights reserved.
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 Apartments
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.
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 Apartments is an apartment community
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Renter Reviews
For Flats at Malcolm Yards
4.9
3 Ratings & Reviews
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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