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Flats at Malcolm Yards Apartments

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(651) 362-2167
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505 SE Malcolm Ave, Minneapolis, MN 55414
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40 Photos14 Floorplans4 3D Tours
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40 Photos14 Floorplans4 3D Tours

Contact

Flats at Malcolm Yards

505 SE Malcolm Ave
Minneapolis, MN 55414
(651) 362-2167
Flats at Malcolm Yards in Minneapolis, MN - Building Photo
  • 1–2 Bedrooms
  • $1,201-$1,735 Total Monthly Price
    12 Month Lease Term

    Total Monthly Price

    Base Rent
    $1,197 - $1,731
    Required Monthly Fees
    $4
    Total Monthly Price
    $1,201 - $1,735
  • 622–890 Square Feet

Rent Specials

Call for current specials!~~Please contact our team for our current leasing specials!

Ask Us About Our Specials

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 located in the Prospect Park Neighborhood and 55414 Zip code of Minneapolis, MN. This community is professionally managed by Halverson and Blaiser Group, LTD

Unique Features and Amenities

  • 24-hour maintenance
  • Accessible Apartments
  • Amazing Location
  • BBQ/Picnic Area
  • Carpeting
  • Central Air Conditioning
  • CoWorking Space
  • Efficient Appliances
  • Electronic Thermostat
  • EV Charging Stations
  • Extra Storage
  • Flex Pay
  • Free Amenity WiFi
  • Large Closets
  • Online maintenance portal
  • Online Rent Payment
  • Patio/Balcony
  • Pet Friendly (no breed or size restrictions)
  • Spanish Speaking Staff
  • Stainless Appliances
  • Storage Lockers and Bike Storage
  • U of M Transitway
  • View
  • Vinyl Plank Flooring
  • Wheelchair Access

See All Amenities

Property Contact Info

View Property Website
Call Us:
(651) 362-2167

Office Hours

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
SundayClosed

Floorplan Pricing and Availability

Flats at Malcolm Yards offers 1 to 2 Bedroom apartments starting from $1,205 and having 622–890 sq ft. Here is the current pricing and availability:

Cost CalculatorEstimate your monthly and one-time fees

  • 1 Bedroom

    1 Bedroom (511B150, 511B150H)

    $1,205

    1 Bed, 1 Bath, 622 sq ft
    Total Monthly Price

    Total Monthly Price

    Base Rent
    $1,201
    Required Monthly Fees
    $4
    Total Monthly Price
    $1,205
    Available Now

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq FtPhotosView Details
    $1,205Available Now109622
    $1,205 November 5, 2026104622
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Ceiling Fans
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Disposal
    • Eat-in Kitchen
    • Freezer
    • Granite Countertops
    • Island Kitchen
    • Oven
    • Range
    • Refrigerator

    Model Lease Information

    Model Price

    • $1,205Total Monthly Price
      Base Rent: $1,201
      Required Monthly Fees: $4

    Unit 109 Gallery

    Photos

    Unit 109 Lease Information

    Unit Price

    • $1,205Total Monthly Price
      Base Rent: $1,201
      Required Monthly Fees: $4
      • View Details and Rent Estimate

    Model Lease Information

    Price

    • $1,205Total Monthly Price

    Unit 104 Gallery

    Photos

    Unit 104 Lease Information

    Unit Price

    • $1,205Total Monthly Price
      Base Rent: $1,201
      Required Monthly Fees: $4
      • View Details and Rent Estimate

    Model Lease Information

    Price

    • $1,205Total Monthly Price

    1 Bedroom (511B360, 511B360b)

    $1,454

    1 Bed, 1 Bath, 622 sq ft
    Total Monthly Price

    Total Monthly Price

    Base Rent
    $1,450
    Required Monthly Fees
    $4
    Total Monthly Price
    $1,454
    Available Aug 5

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq FtPhotos
    $1,454 August 5, 2026420622
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Ceiling Fans
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Disposal
    • Eat-in Kitchen
    • Freezer
    • Granite Countertops
    • Island Kitchen
    • Oven
    • Range
    • Refrigerator

    Unit 420 Gallery

    Photos

    Unit 420 Lease Information

    Unit Price

    • $1,454Total Monthly Price
      Base Rent: $1,450
      Required Monthly Fees: $4
      • View Details and Rent Estimate

    Model Lease Information

    Price

    • $1,454Total Monthly Price

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

    $1,205

    1 Bed, 1 Bath, 622 sq ft
    Total Monthly Price

    Total Monthly Price

    Base Rent
    $1,201
    Required Monthly Fees
    $4
    Total Monthly Price
    $1,205
    Available Aug 15

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq FtPhotos
    $1,205 August 15, 2026418622
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Ceiling Fans
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Disposal
    • Eat-in Kitchen
    • Freezer
    • Granite Countertops
    • Island Kitchen
    • Oven
    • Range
    • Refrigerator

    Unit 418 Gallery

    Photos

    Unit 418 Lease Information

    Unit Price

    • $1,205Total Monthly Price
      Base Rent: $1,201
      Required Monthly Fees: $4
      • View Details and Rent Estimate

    Model Lease Information

    Price

    • $1,205Total Monthly Price

    1 Bedroom (511B550, 511B550b)

    1 Bed, 1 Bath, 630 sq ft
     

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,205Call for Availability1 Bedroom (511B550, 511B550b)630 sq ft
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Ceiling Fans
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Disposal
    • Eat-in Kitchen
    • Freezer
    • Granite Countertops
    • Island Kitchen
    • Oven
    • Range
    • Refrigerator

    Model Lease Information

    Model Price

    • $1,205Total Monthly Price
      Base Rent: $1,201
      Required Monthly Fees: $4

    1 Bedroom (511B560b)

    1 Bed, 1 Bath, 630 sq ft
     

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,454Call for Availability1 Bedroom (511B560b)630 sq ft
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Ceiling Fans
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Disposal
    • Eat-in Kitchen
    • Freezer
    • Granite Countertops
    • Island Kitchen
    • Oven
    • Range
    • Refrigerator

    Model Lease Information

    Model Price

    • $1,454Total Monthly Price
      Base Rent: $1,450
      Required Monthly Fees: $4

    1 Bedroom (511B450)

    1 Bed, 1 Bath, 660 sq ft
     

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,205Call for Availability1 Bedroom (511B450)660 sq ft
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Ceiling Fans
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Disposal
    • Eat-in Kitchen
    • Freezer
    • Granite Countertops
    • Island Kitchen
    • Oven
    • Range
    • Refrigerator

    Model Lease Information

    Model Price

    • $1,205Total Monthly Price
      Base Rent: $1,201
      Required Monthly Fees: $4

    1 Bedroom (511B460)

    1 Bed, 1 Bath, 660 sq ft
     

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,454Call for Availability1 Bedroom (511B460)660 sq ft
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Ceiling Fans
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Disposal
    • Eat-in Kitchen
    • Freezer
    • Granite Countertops
    • Island Kitchen
    • Oven
    • Range
    • Refrigerator

    Model Lease Information

    Model Price

    • $1,454Total Monthly Price
      Base Rent: $1,450
      Required Monthly Fees: $4
    Show Unavailable Floorplans

  • 2 Bedrooms

    2 Bedroom (511C460, 511C460b)

    $1,739

    2 Beds, 1 Bath, 886 sq ft
    Total Monthly Price

    Total Monthly Price

    Base Rent
    $1,735
    Required Monthly Fees
    $4
    Total Monthly Price
    $1,739
    Available Aug 5

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq FtPhotos
    $1,739 August 5, 2026503886
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Ceiling Fans
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Disposal
    • Eat-in Kitchen
    • Freezer
    • Granite Countertops
    • Island Kitchen
    • Oven
    • Range
    • Refrigerator

    Unit 503 Gallery

    Photos

    Unit 503 Lease Information

    Unit Price

    • $1,739Total Monthly Price
      Base Rent: $1,735
      Required Monthly Fees: $4
      • View Details and Rent Estimate

    Model Lease Information

    Price

    • $1,739Total Monthly Price

    2 Bedroom (511C560b)

    $1,739

    2 Beds, 1 Bath, 808 sq ft
    Total Monthly Price

    Total Monthly Price

    Base Rent
    $1,735
    Required Monthly Fees
    $4
    Total Monthly Price
    $1,739
    Available Sep 25

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq FtPhotos
    $1,739 September 25, 2026317808
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Ceiling Fans
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Disposal
    • Eat-in Kitchen
    • Freezer
    • Granite Countertops
    • Island Kitchen
    • Oven
    • Range
    • Refrigerator

    Unit 317 Gallery

    Photos

    Unit 317 Lease Information

    Unit Price

    • $1,739Total Monthly Price
      Base Rent: $1,735
      Required Monthly Fees: $4
      • View Details and Rent Estimate

    Model Lease Information

    Price

    • $1,739Total Monthly Price

    2 Bedroom (511C250)

    2 Beds, 1 Bath, 834 sq ft
     

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,324Call for Availability2 Bedroom (511C250)834 sq ft
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Ceiling Fans
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Disposal
    • Eat-in Kitchen
    • Freezer
    • Granite Countertops
    • Island Kitchen
    • Oven
    • Range
    • Refrigerator

    Model Lease Information

    Model Price

    • $1,324Total Monthly Price
      Base Rent: $1,320
      Required Monthly Fees: $4

    2 Bedroom (511C450)

    2 Beds, 1 Bath, 886 sq ft
     

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,324Call for Availability2 Bedroom (511C450)886 sq ft
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Ceiling Fans
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Disposal
    • Eat-in Kitchen
    • Freezer
    • Granite Countertops
    • Island Kitchen
    • Oven
    • Range
    • Refrigerator

    Model Lease Information

    Model Price

    • $1,324Total Monthly Price
      Base Rent: $1,320
      Required Monthly Fees: $4

    2 Bedroom (511C360A, 511C360b)

    2 Beds, 1 Bath, 890 sq ft
     
    Largest 2 BedroomThis is the largest 2 Bedroom at this Property

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,739Call for Availability2 Bedroom (511C360A, 511C360b)890 sq ft
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Ceiling Fans
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Disposal
    • Eat-in Kitchen
    • Freezer
    • Granite Countertops
    • Island Kitchen
    • Oven
    • Range
    • Refrigerator

    Model Lease Information

    Model Price

    • $1,739Total Monthly Price
      Base Rent: $1,735
      Required Monthly Fees: $4
    Show Unavailable Floorplans
Price shown is total price based on community-supplied monthly required fees. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Request Tour
Call us at: (651) 362-2167 to request a tour.

3D Tours

Flats At Malcom Yards - 2BR, 1BA
Flats At Malcom Yards - 1BR, 1BA - 630SF
1BR, 1BA - 660SF
1BR, 1BA - 622SF

Property Information

  • 143 Units
  • 6 Stories
  • Built in 2023

Income Restrictions At Flats at Malcolm Yards

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

# Persons30% Income Limit 50% Income Limit 60% Income Limit
1$27,810$46,350$55,620
2$31,800$53,000$63,600
3$35,760$59,600$71,520
4$39,720$66,200$79,440
5$42,900$71,500$85,800
6$46,080$76,800$92,160
income restriction

To qualify, you must be equal to or below those in the chart, based on the number of persons living in the dwelling.

Lease Terms

  • 12 mo
Ask About Our Lease Terms

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 ApplicantiCharged per applicant.$50.00
Due at Move-In
Security Deposit - Refundablei1 month's rent Charged per unit.Varies

Utilities

High Speed Internet AccessiCharged Per Unit. Payable to Third Party.Varies/mo
CableiCharged Per Unit. Payable to Third Party.Varies/mo
Utility - ElectriciCharged Per Unit. Payable to Third Party.Varies/mo
Utility - SeweriCharged per unit.Included in Rent/mo
Utility - WateriCharged per unit.Included in Rent/mo
Utility - GasiCharged per unit.Included in Rent/mo
Utility - Billing Administrative FeeiCharged per unit.$4.25/mo
Utility- TrashiCharged per unit.Included in Rent/mo

Other Fees and Policies

Pet Fees

Cat
Cat DepositiMax of 2. Charged Per Pet.$500.00
Restrictions:

None

Comments:

Max of 2. | Restrictions: None.

Dog
Dog DepositiMax of 2. Charged Per Pet.$500.00
Restrictions:

None

Comments:

Max of 2. | Restrictions: None.

Parking Fees

Surface Lot
Parking FeeiCharged Per Vehicle.$75.00/mo

Additional Parking Options

Garage Parking

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

On-Site Services

  • Property Manager On Site
  • Car Charging Station
  • Pet Play Area
  • Public Transportation
  • 24 Hour Access
  • Key Fob Entry
  • Pet Washing Station
  • Package Service
  • Maintenance On Site
  • Laundry Facilities

Community Features

  • Clubhouse
  • Business Center
  • Lounge
  • Multi Use Room
  • Elevator

Outdoor Features

  • Grill
  • Sundeck
  • Picnic Area
  • Roof Terrace
  • Controlled Access
  • Patio

Recreation and Fitness

  • Fitness Center
  • Bicycle Storage
  • Walking/Biking Trails

Interior Features

  • Balcony
  • Storage Space
  • High Speed Internet Access
  • Ceiling Fans
  • Sprinkler System
  • Heating
  • Washer/Dryer
  • Air Conditioning
  • Wi Fi
  • Wheelchair Accessible (Rooms)
  • Smoke Free

Kitchen Amenities

  • Range
  • Refrigerator
  • Island Kitchen
  • Oven
  • Disposal
  • Freezer
  • Eat In Kitchen
  • Dishwasher
  • Granite Countertops

Living Area Features

  • Walk In Closets
  • Tile Floors
  • Large Bedrooms
  • Den
  • Hardwood Floors

Student Features

  • Walk To Campus
Ask About Our Amenities
Google Map

Map

505 SE Malcolm Ave, Minneapolis, MN 55414

Getting Around

  • 50 / 100 Fairly walkable

    Some day-to-day needs are within walking distance

  • 60 / 100 Good public transit

    Walking distance to rapid transit and frequent bus lines

  • 70 / 100 Moderately bikeable

    Suitable for bicycle commuting and/or recreation

  • 90 / 100 Exceptionally car friendly

    Excellent access to freeways and/or major arteries, with almost no chance of parking problems

Scores provided by Local Logic details

Getting to Know the Area

  • 80 / 100 Restaurants

    Wide variety of restaurants within a few minutes

  • 80 / 100 Cafes

    Wide variety of cafés within a few minutes

  • 80 / 100 Nightlife

    Wide variety of bars within a few minutes

  • 70 / 100 Shopping

    Several shops within a few minutes

  • 80 / 100 Parks

    Very large amount of park space within a few minutes

  • 60 / 100 Noise Level

    Few sources of noise nearby

Scores provided by Local Logic

Frequently Asked Questions about Flats at Malcolm Yards

Where is Flats at Malcolm Yards located?

Flats at Malcolm Yards is located at 505 SE Malcolm Ave near the Prospect Park area of Minneapolis, MN

What is the current rent range at Flats at Malcolm Yards?

1 Bedroom to 2 Bedroom Apartments at Flats at Malcolm Yards currently range from $1,205 to $1,739

When is the leasing office open?

  • The office Hours for Flats at Malcolm Yards are
  • Monday 12:00 pm–5:00 pm
  • Tuesday 9:00 am–5:00 pm
  • Wednesday Closed
  • Thursday 9:00 am–5:00 pm
  • Friday 9:00 am–12:00 pm
  • Saturday Closed
  • 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 Flats at Malcolm Yards is: Call for current specials!~~Please contact our team for our current leasing specials!.

Lifestyle Ratings

  • Luxury 3.2

    The Luxury rating shows you how this community's high end floorplan pricing relates to the local average.

    Rating Factors

    This 3.2-star Luxury rating is based on the following features:

    • Roof Terrace
    • Car Charging Station(s)
    • Balconies
    • Hardwood Floors
    • Fitness Center
    • Controlled Gate Access
    • Granite Countertops
    • Smoke Free Options
    • High Speed Internet Access
    • Walking/Biking Trails
    • Tile Floors
    • Elevator(s)
    • Large Bedrooms
    • Clubhouse
    • Maintenance on site
    • Package Service
    • Pet Washing Station
    • Key Fob Entry
    • Pet Play Area
    • Ranges
    • Refrigerators
    • Island Kitchens
    • Hi Speed Internet/Wi-Fi
    • Disposals
    • Freezers
    • Dishwashers
    • Dens
    • Patios
    • Air Conditioning
    • Washer/Dryer In Unit
    • Heating
    • Sprinkler System
    • Storage Spaces
    • Bicycle Storage
    • Picnic Area
    • Sundeck(s)
    • Grill(s)
    • Multi-Use Room
    • Lounge
    • 24 Hour Access
    • Property Manager on Site
    See more
    See less

  • Affordability Nice Value3.2

    The Flats at Malcolm Yards Apartments are 28.3% cheaper than the average apartment in the Prospect Park area, and 33.8% cheaper than the average apartment city-wide.

    Rent Comparison to the Prospect Park Neighborhood

    FloorplanLowest Price Here*Neighborhood Avg RentNbhd Avg RentCost Difference%
    1 Bedroom$1,205$1,596-$391-24.5%
    2 Bedroom$1,324$1,950-$626-32.1%
    Prices shown for this property are the Total Monthly Price including Fees.

    Rent Comparison to the city of Minneapolis

    FloorplanLowest Price Here*City Average RentCost Difference%
    1 Bedroom$1,205$1,661-$456-27.5%
    2 Bedroom$1,324$2,209-$885-40.1%
    Prices shown for this property are the Total Monthly Price including Fees.

    Methodology: On 07/31/2026, ApartmentHomeLiving.com compared current rents by floorplan to 80 other apartment communities in the immediate area around Flats at Malcolm Yards (Prospect Park), and 4975 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 07/31/2026

    * Price shown is Total Monthly Price including fees

  • Active Lifestyle 3.2

    From fitness centers to pools to putting greens, Active Lifestyle apartments feature local listings with the most amenities that support an always active lifestyle.

    Rating Factors

    This 3.2-star Active Lifestyle rating is based on the following features:

    • Walking/Biking Trails
    • Bicycle Storage
    • Fitness Center
    • Pet Play Area
    • Pet Washing Station
    • Picnic Area
    • Storage Spaces
    • Patios

  • Pet Friendly 3.6

    Top Pet Friendly apartments have specified that they accept pets and feature a number pet friendly amenities for renters with furry friends.

    Rating Factors

    This 3.6-star Pet Friendly rating is based on the following features:

    • Hardwood Floors
    • Pet Play Area
    • Elevator(s)
    • Balconies
    • Tile Floors
    • Pet Washing Station
    • Heating
    • Air Conditioning
    • Patios
    • Walking/Biking Trails

  • Family Friendly 3.4

    Family Friendly apartments feature the best community amenities for larger families like larger floorplans, playgrounds and day care options.

    Rating Factors

    This 3.4-star Family Friendly rating is based on the following features:

    • Smoke Free Options
    • Hardwood Floors
    • Walking/Biking Trails
    • Fitness Center
    • Washer/Dryer In Unit
    • Controlled Gate Access
    • High Speed Internet Access
    • Bicycle Storage
    • Roof Terrace
    • Eat in Kitchen or Dining Rooms
    • Dishwashers
    • Patios
    • Pet Play Area
    • Key Fob Entry
    • Pet Washing Station
    • Package Service
    • Maintenance on site
    • Large Bedrooms
    • Tile Floors
    • Multi-Use Room
    • Elevator(s)
    • Freezers
    • Disposals
    • Dens
    • Island Kitchens
    • Granite Countertops
    • Wheelchair Access
    • Hi Speed Internet/Wi-Fi
    • Air Conditioning
    • Heating
    • Sprinkler System
    • Ceiling Fans
    • Storage Spaces
    • Balconies
    • Picnic Area
    • Sundeck(s)
    • Grill(s)
    • Lounge
    • Laundry Facilities
    • 24 Hour Access
    • Public Transportation
    • Property Manager on Site
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  • Transit Friendly 3.2

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

  • Outdoors 3.2

    The Outdoors rating shows the apartment listings on ApartmentHomeLiving.com with the top amenities and features for renters who love the outdoor lifestyle.

    Rating Factors

    This 3.2-star Outdoors rating is based on the following features:

    • Walking/Biking Trails
    • Balconies
    • Patios
    • Pet Play Area
    • Picnic Area
    • Roof Terrace
    • Bicycle Storage
    • Storage Spaces
    • Pet Washing Station
    • Grill(s)
    • Sundeck(s)
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  • Eco-Friendly 3.0

    The Eco-Friendly Lifestyle score highlights how amenities and features at top local communities may support environmentally friendly, clean, and energy efficient living.

    Rating Factors

    This 3.0-star Eco-Friendly rating is based on the following features:

    • Car Charging Station(s)
    • Smoke Free Options
    • Public Transportation
    • Patios

  • Student Living 3.0

    Rentals that are highly rated for the Student Living Lifestyle rating have top features and amenities that benefit students and others who enjoy living the student lifestyle.

    Rating Factors

    This 3.0-star Student Living rating is based on the following features:

    • Walk To Campus
    • Hi Speed Internet/Wi-Fi
    • Washer/Dryer In Unit
    • Package Service
    • Smoke Free Options
    • Storage Spaces
    • Bicycle Storage
    • Fitness Center
    • Roof Terrace
    • Sundeck(s)
    • Elevator(s)
    • Property Manager on Site
    • Public Transportation
    • 24 Hour Access
    • Multi-Use Room
    • Patios
    • Dens
    • Large Bedrooms
    • Granite Countertops
    • Dishwashers
    • Eat in Kitchen or Dining Rooms
    • Disposals
    • Ovens
    • Refrigerators
    • Ranges
    • Pet Play Area
    • Wheelchair Access
    • Lounge
    • Air Conditioning
    • Grill(s)
    • Heating
    • High Speed Internet Access
    • Key Fob Entry
    • Balconies
    • Walking/Biking Trails
    • Pet Washing Station
    • Maintenance on site
    • Controlled Gate Access
    • Laundry Facilities
    • Picnic Area
    • Clubhouse
    • Ceiling Fans
    See more
    See less
Learn more about Lifestyle Search

Renters Reviews and Ratings

2.7
3 Renters Reviews

Cozy and Convenient!!!

July 11, 2023 - Review from Apartments.com
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.
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Small apartments you can’t afford

June 25, 2023 - Review from Apartments.com
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.

Not as Advertised

April 18, 2023 - Review from Apartments.com
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.

Points of Interest

Time and distance from Flats at Malcolm Yards.

Arts Museums and Landmarks

Guthrie Theater

818 South 2nd Street
4 minute drive / 2.32 miles away

Target Field

900 South 5th Street
5 minute drive / 2.41 miles away

Foshay Tower

821 Marquette Avenue South
6 minute drive / 3.04 miles away

Big Box and Retail

Costco

3311 Broadway St NE
4 minute drive / 2.14 miles away

Aldi

1311 E Franklin Ave
4 minute drive / 2.27 miles away

Target

1650 New Brighton Blvd
5 minute drive / 2.61 miles away

Colleges and Universities

University of Minnesota

100 Church Street SE
2 minute drive / 0.7 miles away

Augsburg College

2211 Riverside Ave
4 minute drive / 1.5 miles away

University of Minnesota - Saint Paul

2017 Buford Avenue
5 minute drive / 1.84 miles away

Groceries

Cub Foods

2850 S 26th Ave
5 minute drive / 1.79 miles away

Aldi

1311 E Franklin Ave
4 minute drive / 2.27 miles away

Hospitals

M Health Fairview University Of Minnesota Medical Center - East Bank

500 Harvard St Se
3 minute drive / 1.03 miles away

M Health Fairview Masonic Children's Hospital

2450 Riverside Ave
4 minute drive / 1.35 miles away

M Health Fairview University Of Minnesota Medical Center - West Bank

2450 Riverside Avenue
4 minute drive / 1.4 miles away

Military Bases

Fort Snelling Military Reservation

11 minute drive / 5.27 miles away

Parks and Recreation

Como Zoo

1225 Estabrook Drive
6 minute drive / 2.9 miles away

Powderhorn Park

3400 15th Ave. S
6 minute drive / 2.93 miles away

Loring Park

1382 Willow St.
7 minute drive / 3.52 miles away

Flats at Malcolm Yards has 5 parks within 4.6 miles, including Como Zoo, Powderhorn Park, Loring Park, The Grand Rounds, and Lake of the Isles.

Shopping Centers

Stadium Village

917-935 SE Washington Ave
2 minute drive / 0.77 miles away

Park Crossing

2233 Energy Park Dr
2 minute drive / 0.81 miles away

Milton Square

2232-2242 Carter Ave
3 minute drive / 1.06 miles away

Flats at Malcolm Yards has 5 shopping centers within 1.7 miles.

Transit Stations

Franklin Avenue Station-Hiawatha Line

1883 E Franklin Ave
5 minute drive / 1.88 miles away

38th Street Station-Hiawatha Line

3761 Hiawatha Ave
5 minute drive / 2.62 miles away

Government Plaza Station-Hiawatha Line

356 S 5th St
5 minute drive / 2.77 miles away

Nearby Neighborhoods

Prospect Park

Studio to 6 Bedroom Apartments from $630
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Cooper

Studio to 6 Bedroom Apartments from $635
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St Anthony East

Studio to 6 Bedroom Apartments from $1,195
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Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Minneapolis Studio Apartments $1,307$635$2,392
Minneapolis 1 Bedroom Apartments $1,661$750$10,000+
Minneapolis 2 Bedroom Apartments $2,209$280$10,000+
Minneapolis 3 Bedroom Apartments $2,583$739$10,000+
Minneapolis 4 Bedroom Apartments $2,505$649$9,950
Minneapolis 5 Bedroom Apartments $3,343$2,150$6,722

Browse Top Apartments in Minneapolis

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Viewing: Flats at Malcolm Yards | Desktop Version | Listing Updated: 07/30/2026 | AHLGLD