Flats At Malcolm Yards

(19)
From $1,067
  • 1-2 Beds
  • 1 Bath
505 Malcolm Avenue SE, Minneapolis, MN 55414
Some units at this property may be income restricted
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Floorplans

Updated Today
1 Bedroom (511B150, 511B150H)
  • 1 Bed
  • 1 Bath
  • 622 Sqft
$1,201
1 Bedroom (511B350, 511B350A, 511B350H/L)
  • 1 Bed
  • 1 Bath
  • 613 - 622 Sqft
$1,201
1 Bedroom (511B360, 511B360b)
  • 1 Bed
  • 1 Bath
  • 613 - 622 Sqft
$1,450
1 Bedroom (511B450)
  • 1 Bed
  • 1 Bath
  • 660 Sqft
$1,067
1 Bedroom (511B460)
  • 1 Bed
  • 1 Bath
  • 660 Sqft
$1,450
1 Bedroom (511B550, 511B550b)
  • 1 Bed
  • 1 Bath
  • 630 Sqft
$1,128
1 Bedroom (511B560b)
  • 1 Bed
  • 1 Bath
  • 630 Sqft
$1,450
2 Bedroom (511C360A, 511C360b)
  • 2 Beds
  • 1 Bath
  • 890 Sqft
$1,542
2 Bedroom (511C250)
  • 2 Beds
  • 1 Bath
  • 834 Sqft
$1,320
2 Bedroom (511C450)
  • 2 Beds
  • 1 Bath
  • 886 Sqft
$1,320
2 Bedroom (511C460, 511C460b)
  • 2 Beds
  • 1 Bath
  • 886 Sqft
Ask for Pricing
2 Bedroom (511C560b)
  • 2 Beds
  • 1 Bath
  • 808 Sqft
$1,735

Estimated Fees

  • Application Fees: $50
  • Security Pet Deposit $500
  • Pet Limit 2 allowed.
  • Security Pet Deposit $500
  • Pet Limit 2 allowed.
  • Pets welcome! No breed or size restrictions!

The fees are estimates and actual amounts may vary. Pricing and availability are subject to change. For details, contact the property.

Visit Property Website

Apartment Amenities

  • Accessible Apartments
  • Wheelchair Access
  • Air Conditioner
  • Patio/Balcony
  • View
  • Large Closets
  • Vinyl Plank Flooring
  • Carpeting
  • Stainless Appliances
  • Efficient Appliances
  • Dishwasher
  • Electronic Thermostat
  • Extra Storage

Community Amenities

  • Spanish Speaking Staff
  • Amazing Location
  • Rooftop Deck
  • Clubroom
  • Fitness Center
  • Conference Room and Business Center
  • CoWorking Space
  • Pet Friendly (no breed or size restrictions)
  • Pet Spa
  • Smart Laundry Facilities
  • Free Amenity WiFi
  • High Speed Internet
  • Package Receiving
  • BBQ/Picnic Area
  • On-Site Maintenance
  • On-Site Management
  • Public Transportation
  • U of M Transitway
  • Garage
  • EV Charging Stations
  • Elevator
  • Storage Lockers and Bike Storage

Photos

Ready to see this property in person? Contact the property and ask for a private showing!

  • Apartments in the Community: 143
  • Buildings in the Community: 1
  • Number of Stories: 6
  • Year Built: 2023


*Please see our FAQ page for information on utility responsibilities, fees, and the application process.
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Ratings and Reviews

4.0 Excellent
19 Reviews
  • Parking
    3/5
  • Amenities
    4/5
  • Maintenance
    4.5/5
  • Staff
    4.5/5
  • Value
    4/5
  • Location
    4.5/5
  • Noise
    3/5

Why Renters Love It Here

Renters at 505 Malcolm St. SE appreciate several positive aspects of the property. They highlight the excellent location, which offers convenient access to amenities, shops, and transportation routes. The apartments are described as well-designed, modern, and comfortable, with features that maximize space without sacrificing functionality. Residents commend the friendly and responsive staff and management, who provide prompt attention to concerns and maintenance requests. The property offers a range of appreciated amenities, including a well-equipped fitness center, communal areas for socializing, and a focus on security with secure access points and surveillance cameras. Overall, the property provides a cozy, convenient, and pleasant living environment.
AI-generated summary based on renter reviews.
Verified Resident

Slow maintenance response

The staff is very kind snd courteous.but maintenance seems very slow in doing repairs

Anonymous Aug 3, 2025
Verified Resident

Management

Very nice staff and clean building nice atea

Anonymous Feb 18, 2025
Verified Resident

Review

Love this place alot like living here nuce and quiet

Anonymous Nov 21, 2024
Verified Resident

Overpriced “income reduced” living

The Flats at Malcolm Yards was my first apartment by myself. When I first moved in last October, the rent seemed a little steep for “income reduced” but I decided it was worth it for the location, amenities and apartment features. A year later and I can confidently say that the rent is pretty egregious for “income reduced” considering with parking I would be looking at just north of 1.6k a month (considering electricity and wifi), after I was notified my base rent was going to be raised by $100. The apartment itself is cheaply made and everything seems to fall apart or break at one point. Thankfully, it is mostly loose screws that I can repair on my own, but my toilet seat constantly coming loose and cabinet doors falling off does not scream “well made” to me. Also considering that the rooftop is not accessible without a pre-planned trip to the office M-F and a $150 money order, makes it impossible to use on a whim and this was not disclosed when we were moving in. The only redeeming factor is the staff are friendly, super caring and helpful. They work hard to keep the residents happy but I’m sure they deal with a lot. They communicate well with weekly newsletters in the elevators and notes at your door if necessary. Moving again was not in my playbook for this year, but considering the money i will be saving in the long run it will be well worth it.

Madison Y. Sep 3, 2024
Current Resident

Love it but

Love my apartment im a single mom with a 3 year old daughter i work 5 days a week i try to go to bed early but Unfortunately my neighbor has her music blasting all day and night!!! I dontthink she works bc its a constant music festival next door . Its like hello u have nieghbors?!? Its really annoying bc me and my daughter cant get any peace without having to hear a concert next door . Weve mentined it to the office . It worked for a week or 2 and yet shes back again blasting music at 8 am on a sunday when im trying to sleep in :((((

Anonymous Jun 2, 2024
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Average Utility Costs in Minnesota

Electricity
$109
Gas
$82
Water
$36
Sewer
$44
Cable
$64
Internet
$35

Prices in the Area

This Community Prospect Park East River Road Minneapolis, MN
1 Bed1 Bedroom $1,067 - $1,450 $895 - $2,550 $503 - $5,673
2 Beds2 Bedrooms $1,320 - $1,735 $1,201 - $3,295 $625 - $7,949

Location

505 Malcolm Avenue SE, Minneapolis, MN 55414
Points of interest powered by OpenStreetMap
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Calculate commute by driving, cycling or walking, where available.
Commute calculator powered by Walk Score® Travel Time
72 /100
Very Walkable
60 /100
Good Transit
99 /100
Biker's Paradise
Walk Score®: 72, Transit Score®: 60, Bike Score®: 99

  • Prospect Park 0.18 mi
  • Malcolm Av Se 0.19 mi
  • 29 Av Se 0.21 mi
  • 27th Ave SE & University Ave / 4th St 0.30 mi
  • 27 Av Se 0.32 mi
  • Emerald / Bedford 0.34 mi
Nearby Transit
Points of interest powered by OpenStreetMap

  • Apropos Studio 0.11 mi
  • Fresh Thyme Liquor 0.15 mi
  • Textile Center 0.20 mi
  • Art & Architecture 0.30 mi
  • JNSL Artistry 0.36 mi
  • Prevolv, Inc. 0.42 mi
Nearby Shops
  • Bebe Zito 0.06 mi
  • Wrecktangle Pizza 0.07 mi
  • Momo Dosa 0.07 mi
  • Abang Yoli 0.08 mi
  • The Market At Malcolm Yards 0.08 mi
  • Boxcar Bar 0.09 mi
Nearby Food
  • First Care Pregnancy Center 0.21 mi
  • Alliance Clinic 0.25 mi
  • Fairview Pharmacy - University Village 0.38 mi
  • Fairview Children's Clinic 0.40 mi
  • HealthPartners Clinic 0.41 mi
  • Institure for Athletic Medicine - Minneapolis/University Village 0.42 mi
Nearby Health
  • Minnesota Chemical 0.90 mi
  • All Seasons Garment Care and Tailoring 1.01 mi
  • Kings Coin Laundry 1.25 mi
  • Viking Cleaners Laundromat 1.73 mi
  • Laundromax 1.82 mi
  • Suds America 2.07 mi
Nearby Errands
  • Safelite AutoGlass 0.18 mi
  • Great Brakes, Inc. 0.28 mi
  • Global Tire LLC 0.29 mi
  • Speedway 0.32 mi
  • Holiday 0.33 mi
  • C-76 0.35 mi
Nearby Car Services
  • Leonardo's Workshop 0.09 mi
  • Bridal Veil Gardens 0.14 mi
  • Tower Hill Park 0.29 mi
  • Youth Performance Company 0.31 mi
  • Anytime Fitness 0.32 mi
  • U of M Rec Sports Field (Dome) 0.33 mi
Nearby Recreation
Points of interest powered by OpenStreetMap

  • KinderCare 0.54 mi
  • St. Anthony Park 1.00 mi
  • YMCA Child Care 1.11 mi
  • Como Early Learning Center 1.14 mi
  • University of MN Child Development Laboratory School 1.21 mi
  • KidsPark Hourly Child Care 1.24 mi
Nearby Childcare
  • 2 Pratt Elementary School 0.28 mi
  • NR Ronald Mcdonald House 0.72 mi
  • NR Anna Westin House 1.02 mi
  • 6 St. Anthony Park Elementary School 1.06 mi
  • 3 Murray Middle School 1.24 mi
  • 2 Seward Elementary 1.25 mi
School data provided by GreatSchools
Nearby Schools
Points of interest powered by OpenStreetMap

Contact Information

  • Monday 12:00PM-5:00PM
  • Tuesday 9:00AM-5:00PM
  • Thursday 9:00AM-5:00PM
  • Friday 9:00AM-12:00PM
Weekend by appointment
Awesome Apartments Company 6123242835

Prices and availability for this property were last updated Today.

The following floorplans are available: 1-bedroom apartments from $1,201.

The most popular nearby apartments are: Flats At Malcolm Yards, The Park Apartments, Greenway Apartments and Upper Post Flats.

Flats at Malcolm Yards is located in the Prospect Park East River Road neighborhood.

The business hours are:
  • Monday 12:00PM-5:00PM
  • Tuesday 9:00AM-5:00PM
  • Thursday 9:00AM-5:00PM
  • Friday 9:00AM-12:00PM