Colfax Terrace Apartments

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3433-3435 Colfax Ave S, Minneapolis, MN 55408
(763) 363-5374
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Colfax Terrace

3433-3435 Colfax Ave S
Minneapolis, MN 55408
(763) 363-5374
Colfax Terrace in Minneapolis, MN - Building Photo
  • Studio–2 Bedrooms
  • $911-$1,381Total Monthly Price
  • 403–762Square Feet

Rent Specials

First Month FREE!~~First Month Free! Select units. Conditions apply. Contact our team today for details!

Ask Us About Our Specials

About Colfax Terrace

Close to Area Lakes...Minutes to Restaurants, Shopping, Bus Line, Easy Free Access and Downtown Minneapolis... Colfax Terrace Apartments are located in a neighborhood setting but provide a link to the city with all the conveniences. Here you'll be just minutes from restaurants, shopping, bus lines, easy access to freeways and downtown Minneapolis. Also, you can enjoy the beautiful lakes, biking paths and that Uptown has to offer. You can relax in you spacious apartment management cares. We provide a 24/7 maintenance staff.

Colfax Terrace is located in the East Calhoun Neighborhood and 55408 Zip code of Minneapolis, MN. This community is professionally managed by KRC Apartments

Property Contact Info

Floorplan Pricing and Availability

Colfax Terrace offers Studio to 2 Bedroom apartments starting from $911 and having 403–762 sq ft. Here is the current pricing and availability:

  • Studio

    Studio

    $911

    Studio, 1 Bath, 403 sq ft
    Total Monthly Price
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $911Available Now103403
    * Price shown is Total Monthly Price including fees

    Unit 103 Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Unit 103 Lease Information

    Unit Price

    • $911Total Monthly Price

    Deposit

    • $400 deposit

    Model Rent and Fees

    Price

    • $911Total Monthly Price
  • 2 Bedrooms

    2 Bedroom B

    $1,381

    2 Beds, 1 Bath, 762 sq ft
    Total Monthly Price
    Available Jan 27

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,381 January 27, 2026301762
    * Price shown is Total Monthly Price including fees

    Unit 301 Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Unit 301 Lease Information

    Unit Price

    • $1,381Total Monthly Price

    Deposit

    • $400 deposit

    Model Rent and Fees

    Price

    • $1,381Total Monthly Price
Price shown is total price including community-supplied monthly required fees. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (763) 363-5374 to schedule a tour.

Property Information

Lease Terms

  • 6 mo, 12+ mo

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. Use the Cost Calculator to determine costs based on your needs.

Required Fees

One-Time Move-In Fees

Due at Application
Application Fee (Per Applicant)iCharged per applicant$50
Pre-Lease DepositiThis deposit will be applied to the security deposit. Charged per unit$400

Utilities & Essentials

RUBS_Water/SeweriCharged per unitVaries/mo
Monthly Utility Bill Processing FeeiCharged per unit$4.95/mo
RUBS_Trash RemovaliCharged per unit$11.5/mo

Other Fees

Pet Fees

Cat

Pet FeeiCharged per Pet$200

Parking Fees

Surface Lot

Parking FeeiCharged per vehicle$50/mo

Garage

Parking FeeiCharged per vehicle$65/mo

Storage Fees

Storage Locker

Storage FeeiCharged per rentable item$0

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.

Features and Amenities

Unique Amenities

  • Newly Remodeled Units

On-Site Services

  • Dry Cleaning Service
  • Laundry Facilities

Outdoor Features

  • Controlled Access

Recreation and Fitness

  • Walking/Biking Trails

Interior Features

  • Storage Space
  • High Speed Internet Access
  • Cable Ready
  • Air Conditioning
  • Smoke Free

Kitchen Amenities

  • Dishwasher
  • Oven
  • Range
  • Refrigerator

Unique Amenities

  • Garage Available
Google Map

Map

3433-3435 Colfax Ave S, Minneapolis, MN 55408

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
MondayBy Appointment
TuesdayBy Appointment
WednesdayBy Appointment
ThursdayBy Appointment
FridayBy Appointment
SaturdayBy Appointment
SundayClosed

Frequently Asked Questions about Colfax Terrace

Where is Colfax Terrace located?

Colfax Terrace is located at 3433-3435 Colfax Ave S near the East Calhoun area of Minneapolis, MN

What is the current rent range at Colfax Terrace?

Studio to 2 Bedroom Apartments at Colfax Terrace currently range from $911 to $1,381

When is the leasing office open?

  • The office Hours for Colfax Terrace are
  • Monday By Appointment
  • Tuesday By Appointment
  • Wednesday By Appointment
  • Thursday By Appointment
  • Friday By Appointment
  • Saturday By Appointment
  • Sunday Closed

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Are there any rent specials?

The current rent special at Colfax Terrace is: First Month FREE!~~First Month Free! Select units. Conditions apply. Contact our team today for details!.

Lifestyle Ratings

  • Affordability Good Value3.6

    The Colfax Terrace Apartments are 9.65% cheaper than the average apartment in the East Calhoun area, and 32.65% cheaper than the average apartment city-wide.

    Rent Comparison to the East Calhoun Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    Studio$911$1,044-$133-12.7%
    2 Bedroom$1,381$1,479-$98-6.6%

    Rent Comparison to the city of Minneapolis

    FloorplanLowest Price HereCity Average RentCost Difference%
    Studio$911$1,307-$396-30.3%
    2 Bedroom$1,381$2,123-$742-35.0%

    Methodology: On 01/21/2026, ApartmentHomeLiving.com compared current rents by floorplan to 274 other apartment communities in the immediate area around Colfax Terrace (East Calhoun), and 4572 other apartment communities in Minneapolis using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 01/21/2026

  • Transit Friendly 3.4

    Transit Friendly apartments feature a fantastic location and great access to local mass transit.

Learn more about Lifestyle Search

Renters Reviews and Ratings

4.0
0 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

Nearby Schools

Lyndale Elementary

Minneapolis Public School Dist.
312 West 34th Street
Public School - Grades PK-5 (360 Students)
In Attendance Zone1 minute drive / 0.4 miles away
3/10

Anwatin Middle Com & Spanish D I

Minneapolis Public School Dist.
256 Upton Avenue South
Public School - Grades 6-8 (320 Students)
In Attendance Zone5 minute drive / 2.7 miles away
1/10

Kenwood Elementary

Minneapolis Public School Dist.
2013 Penn Avenue South
Public School - Grades K-5 (381 Students)
In Attendance Zone5 minute drive / 1.7 miles away
6/10

North Academy Senior High

Minneapolis Public School Dist.
1500 James Avenue North
Public School - Grades 9-12 (487 Students)
In Attendance Zone8 minute drive / 3.8 miles away
3/10
School data provided by GreatSchools.
details
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 scale of 1 (below average) and 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 needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from Colfax Terrace.

Arts Museums and Landmarks

Lake Harriet

Lake Harriet
4 minute drive / 1.52 miles away

Foshay Tower

821 Marquette Avenue South
5 minute drive / 2.58 miles away

Target Field

900 South 5th Street
5 minute drive / 2.73 miles away

Big Box and Retail

Autozone

2940 Clinton Ave
3 minute drive / 1.06 miles away

Aldi

1311 E Franklin Ave
4 minute drive / 2.3 miles away

Walgreens

5428 Lyndale Ave S
5 minute drive / 2.49 miles away

Colleges and Universities

Minneapolis Community and Technical College

1501 Hennipen Avenue
4 minute drive / 2.29 miles away

North Central University

910 Elliot Avenue
5 minute drive / 2.39 miles away

University of St. Thomas - Minneapolis Campus

1000 Lasalle Ave
5 minute drive / 2.43 miles away

Groceries

Aldi

1311 E Franklin Ave
4 minute drive / 2.3 miles away

Cub Foods

2850 S 26th Ave
5 minute drive / 2.77 miles away

Hospitals

Abbott Northwestern Hospital

800 East 28th Street
4 minute drive / 1.59 miles away

Children's Hospitals & Clinics Of Minnesota

2525 Chicago Avenue South
5 minute drive / 1.75 miles away

Hennepin County Medical Center

701 Park Avenue
5 minute drive / 2.63 miles away

Military Bases

Fort Snelling Military Reservation

11 minute drive / 5.32 miles away

Parks and Recreation

Lake of the Isles

2500 Lake Isles Pkwy. E
4 minute drive / 1.43 miles away

Powderhorn Park

3400 15th Ave. S
5 minute drive / 1.77 miles away

Loring Park

1382 Willow St.
4 minute drive / 2.06 miles away

Colfax Terrace has 5 parks within 4.2 miles, including Lake of the Isles, Powderhorn Park, Loring Park, Cedar Lake, and The Grand Rounds.

Shopping Centers

Uptown Row

1221 W Lake St
1 minute drive / 0.61 miles away

Seven Points Uptown

3001 Hennepin Ave
1 minute drive / 0.65 miles away

Lund's Marketplace

1450 W Lake St
2 minute drive / 0.77 miles away

Colfax Terrace has 5 shopping centers within 1.2 miles.

Transit Stations

Franklin Avenue Station-Hiawatha Line

1883 E Franklin Ave
5 minute drive / 2.61 miles away

Government Plaza Station-Hiawatha Line

356 S 5th St
5 minute drive / 2.8 miles away

Nicollet Mall Station-Hiawatha Line

75 S 5th St
6 minute drive / 2.84 miles away

Nearby Neighborhoods

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Studio to 4 Bedroom Apartments from $857
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Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Minneapolis Studio Apartments $1,307$640$2,599
Minneapolis 1 Bedroom Apartments $1,574$500$8,159
Minneapolis 2 Bedroom Apartments $2,123$469$10,000+
Minneapolis 3 Bedroom Apartments $2,313$495$10,000+
Minneapolis 4 Bedroom Apartments $2,093$535$7,953
Minneapolis 5 Bedroom Apartments $3,372$2,250$3,895

Browse Top Apartments in Minneapolis

Viewing: Colfax Terrace | Desktop Version | Listing Updated: 01/14/2026 | AHLGLD