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- Studio–2 Bedrooms
- $951-$1,411Plus Fees
- 403–762Square Feet
Rent Specials
First Month FREE!~~First Month Free! Select units. Conditions apply. Contact our team today for details!
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 $951 and having 403–762 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
Studio
Studio
$951
Studio, 1 Bath, 403 sq ftPlus FeesAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $951 Available Now 103 403 Unit 103 Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unit 103 Lease Information
Unit Price
- $951
View Details and Rent EstimateDeposit
- $400 deposit
Model Rent and Fees
Price
- $951Plus Fees
Apartment Model: Studio$951Studio, 1 Bath, 403 sq ftAvailable Now![]()
Studio - Floorplan 1 Apartment Unit: 103Apartment Model: Studio$951Studio, 1 Bath, 403 sq ftAvailable Now1 Bedroom
1 Bedroom A
$1,161
1 Bed, 1 Bath, 630 sq ftPlus FeesAvailable May 6Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,161 May 6, 2026 404 630 Unit 404 Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unit 404 Lease Information
Unit Price
- $1,161
View Details and Rent EstimateModel Rent and Fees
Price
- $1,161Plus Fees
Apartment Model: 1 Bedroom A$1,1611 Bedroom, 1 Bath, 630 sq ftAvailable May 6, 2026![]()
1 Bedroom A - Floorplan 1 Apartment Unit: 404Apartment Model: 1 Bedroom A$1,1611 Bedroom, 1 Bath, 630 sq ftAvailable May 6, 20262 Bedrooms
2 Bedroom B
$1,411
2 Beds, 1 Bath, 762 sq ftPlus FeesAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $1,411 Available Now 301 762 $1,411 Available Now 202 762 Model Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Model Lease Information
Model Price
- $1,411
Deposit
- $400 deposit
Unit 301 Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unit 301 Lease Information
Unit Price
- $1,411
View Details and Rent EstimateDeposit
- $400 deposit
Model Rent and Fees
Price
- $1,411Plus Fees
Unit 202 Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unit 202 Lease Information
Unit Price
- $1,411
View Details and Rent EstimateDeposit
- $400 deposit
Model Rent and Fees
Price
- $1,411Plus Fees
Apartment Model: 2 Bedroom BFrom $1,4112 Bedroom, 1 Bath, 762 sq ftAvailable Now![]()
2 Bedroom B - Floorplan 1 Apartment Unit: 301Apartment Model: 2 Bedroom B$1,4112 Bedroom, 1 Bath, 762 sq ftAvailable NowApartment Unit: 202Apartment Model: 2 Bedroom B$1,4112 Bedroom, 1 Bath, 762 sq ftAvailable Now
Schedule a Tour
Property Information
- Built in 1961
- 4 Stories
- 38 Units
- View Property Website
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 Basics
- 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
- RUBS_Water/SeweriCharged per unit.Varies/mo
- Monthly Utility Bill Processing FeeiCharged per unit.$4.95/mo
- RUBS_Trash RemovaliCharged per unit.$11.5/mo
Other Fees and Policies
Pet Fees
- Pet FeeiMax of 2. Charged per Pet.$200
Cat
Must be at least 1 year of age.
Parking Fees
- Parking FeeiMax of 1. Charged per vehicle.$65/mo
- Parking FeeiCharged per vehicle.$50/mo
Garage
Max of 1. Underground Parking Garage.
Surface Lot
Paid reserved spot; call for availability.
Storage Fees
- Storage FeeiCharged per rentable item.$0
Storage Locker
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
- Refrigerator
- Range
- Oven
- Dishwasher
Unique Amenities
- Garage Available

Map
- Shopping
- Colleges
- Grocery
- Medical
- Parks
- Transportation

Map
Hours and Contact Info
| Monday | By Appointment |
| Tuesday | By Appointment |
| Wednesday | By Appointment |
| Thursday | By Appointment |
| Friday | By Appointment |
| Saturday | By Appointment |
| Sunday | Closed |
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 $951 to $1,411
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
Learn more about Lifestyle SearchRenters Reviews and Ratings
Nearby Schools
Lyndale Elementary
Anwatin Middle Com & Spanish D I
Kenwood Elementary
North Academy Senior High
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from Colfax Terrace.
Arts Museums and Landmarks
Big Box and Retail
Autozone
Aldi
Walgreens
Colleges and Universities
Groceries
Aldi
Cub Foods
Hospitals
Children's Hospitals & Clinics Of Minnesota
Military Bases
Fort Snelling Military Reservation
Parks and Recreation
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
Colfax Terrace has 5 shopping centers within 1.2 miles.
Transit Stations
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Minneapolis Studio Apartments | $1,291 | $640 | $2,319 |
| Minneapolis 1 Bedroom Apartments | $1,578 | $500 | $8,169 |
| Minneapolis 2 Bedroom Apartments | $2,156 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,428 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $1,860 | $535 | $7,988 |
| Minneapolis 5 Bedroom Apartments | $2,959 | $2,000 | $3,500 |
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Max of 2. $0 monthly pet rent.