Photos


















- Income Restrictions
- 1–2 Bedrooms
- $1,071-$1,739Total Monthly Price12 Month Lease Term
- 613–890Square Feet
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
- Accessible apartments
- Air Conditioner
- Amazing Location
- BBQ/Picnic Area
- Carpeting
- Coworking Space
- Efficient Appliances
- Electronic Thermostat
- EV Charging Stations
- Extra Storage
- Free Amenity WiFi
- Large Closets
- Patio/Balcony
- Pet Friendly (no breed or size restrictions)
- Pet spa
- Spanish Speaking Staff
- Stainless Appliances
- Storage Lockers and Bike Storage
- U of M Transitway
- Utility- Trash
- View
- Vinyl Plank Flooring
- Wheelchair Access
Property Contact Info
Floorplan Pricing and Availability
Flats at Malcolm Yards offers 1 to 2 Bedroom apartments starting from $1,205 and having 613–890 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
1 Bedroom
Show Unavailable Floorplans1 Bedroom (511B350, 511B350A, 511B350H/L)
$1,205
1 Bed, 1 Bath, 622-645 sq ftTotal Monthly PriceAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Photos View Details $1,205 Available Now 507 622 $1,205 Available Now 606 645 $1,205 Available Now 615 622 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
- Granite Countertops
- Island Kitchen
Model Lease Information
Model Price
- $1,205
Unit 507 Gallery
Photos
Unit 507 Lease Information
Unit Price
- $1,205
Model Rent and Fees
Price
- $1,205
Unit 606 Gallery
Photos
Unit 606 Lease Information
Unit Price
- $1,205
Model Rent and Fees
Price
- $1,205
Unit 615 Gallery
Photos
Unit 615 Lease Information
Unit Price
- $1,205
Model Rent and Fees
Price
- $1,205
Apartment Model: 1 Bedroom (511B350, 511B350A, 511B350H/L)From $1,2051 Bedroom, 1 Bath, 622-645 sq ftAvailable Now![]()
1 Bedroom (511B350, 511B350A, 511B350H/L) - Floorplan 1 ![]()
1 Bedroom (511B350, 511B350A, 511B350H/L) - Floorplan 2 Apartment Unit: 507Apartment Model: 1 Bedroom (511B350, 511B350A, 511B350H/L)$1,2051 Bedroom, 1 Bath, 622 sq ftAvailable Now![]()
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Unit: 507 - Image 9 Apartment Unit: 606Apartment Model: 1 Bedroom (511B350, 511B350A, 511B350H/L)$1,2051 Bedroom, 1 Bath, 645 sq ftAvailable Now![]()
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Unit: 606 - Image 9 Apartment Unit: 615Apartment Model: 1 Bedroom (511B350, 511B350A, 511B350H/L)$1,2051 Bedroom, 1 Bath, 622 sq ftAvailable Now![]()
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Unit: 615 - Image 9 1 Bedroom (511B360, 511B360b)
$1,454
1 Bed, 1 Bath, 613-622 sq ftTotal Monthly PriceAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Photos View Details $1,454 Available Now 524 622 $1,454 Available Now 504 622 $1,454 Available Now 616 622 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
- Granite Countertops
- Island Kitchen
Model Lease Information
Model Price
- $1,454
Unit 524 Gallery
Photos
Unit 524 Lease Information
Unit Price
- $1,454
Model Rent and Fees
Price
- $1,454
Unit 504 Gallery
Photos
Unit 504 Lease Information
Unit Price
- $1,454
Model Rent and Fees
Price
- $1,454
Unit 616 Gallery
Photos
Unit 616 Lease Information
Unit Price
- $1,454
Model Rent and Fees
Price
- $1,454
Apartment Model: 1 Bedroom (511B360, 511B360b)From $1,4541 Bedroom, 1 Bath, 613-622 sq ftAvailable Now![]()
1 Bedroom (511B360, 511B360b) - Floorplan 1 Apartment Unit: 524Apartment Model: 1 Bedroom (511B360, 511B360b)$1,4541 Bedroom, 1 Bath, 622 sq ftAvailable Now![]()
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Unit: 524 - Image 9 Apartment Unit: 504Apartment Model: 1 Bedroom (511B360, 511B360b)$1,4541 Bedroom, 1 Bath, 622 sq ftAvailable Now![]()
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Unit: 504 - Image 9 Apartment Unit: 616Apartment Model: 1 Bedroom (511B360, 511B360b)$1,4541 Bedroom, 1 Bath, 622 sq ftAvailable Now![]()
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Unit: 616 - Image 9 1 Bedroom (511B560b)
$1,454
1 Bed, 1 Bath, 630 sq ftTotal Monthly PriceAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Photos View Details $1,454 Available Now 626 630 $1,454 Available Now 426 630 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
- Granite Countertops
- Island Kitchen
Model Lease Information
Model Price
- $1,454
Unit 626 Gallery
Photos
Unit 626 Lease Information
Unit Price
- $1,454
Model Rent and Fees
Price
- $1,454
Unit 426 Gallery
Photos
Unit 426 Lease Information
Unit Price
- $1,454
Model Rent and Fees
Price
- $1,454
Apartment Model: 1 Bedroom (511B560b)From $1,4541 Bedroom, 1 Bath, 630 sq ftAvailable Now![]()
1 Bedroom (511B560b) - Floorplan 1 Apartment Unit: 626Apartment Model: 1 Bedroom (511B560b)$1,4541 Bedroom, 1 Bath, 630 sq ftAvailable Now![]()
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Unit: 626 - Image 9 Apartment Unit: 426Apartment Model: 1 Bedroom (511B560b)$1,4541 Bedroom, 1 Bath, 630 sq ftAvailable Now![]()
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Unit: 426 - Image 9 1 Bedroom (511B150, 511B150H)
$1,205
1 Bed, 1 Bath, 622 sq ftTotal Monthly PriceAvailable Nov 5Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Photos View Details $1,205 November 5, 2025 110 622 $1,205 November 5, 2025 118 622 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
- Granite Countertops
- Island Kitchen
Model Lease Information
Model Price
- $1,205
Unit 110 Lease Information
Unit Price
- $1,205
Model Rent and Fees
Price
- $1,205
Unit 118 Gallery
Photos
Unit 118 Lease Information
Unit Price
- $1,205
Model Rent and Fees
Price
- $1,205
Apartment Model: 1 Bedroom (511B150, 511B150H)From $1,2051 Bedroom, 1 Bath, 622 sq ftAvailable November 5, 2025![]()
1 Bedroom (511B150, 511B150H) - Floorplan 1 Apartment Unit: 110Apartment Model: 1 Bedroom (511B150, 511B150H)$1,2051 Bedroom, 1 Bath, 622 sq ftAvailable November 5, 2025Apartment Unit: 118Apartment Model: 1 Bedroom (511B150, 511B150H)$1,2051 Bedroom, 1 Bath, 622 sq ftAvailable November 5, 2025![]()
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Unit: 118 - Image 9 1 Bedroom (511B550, 511B550b)
1 Bed, 1 Bath, 630 sq ftModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,132 Call for Availability 1 Bedroom (511B550, 511B550b) 630 sq ft 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
- Granite Countertops
- Island Kitchen
Model Lease Information
Model Price
- $1,132
Apartment Model: 1 Bedroom (511B550, 511B550b)$1,1321 Bedroom, 1 Bath, 630 sq ftUnavailable![]()
1 Bedroom (511B550, 511B550b) - Floorplan 1 ![]()
1 Bedroom (511B550, 511B550b) - Floorplan 2 1 Bedroom (511B450)
1 Bed, 1 Bath, 660 sq ftModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,071 Call for Availability 1 Bedroom (511B450) 660 sq ft 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
- Granite Countertops
- Island Kitchen
Model Lease Information
Model Price
- $1,071
Apartment Model: 1 Bedroom (511B450)$1,0711 Bedroom, 1 Bath, 660 sq ftUnavailable![]()
1 Bedroom (511B450) - Floorplan 1 1 Bedroom (511B460)
1 Bed, 1 Bath, 660 sq ftModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,454 Call for Availability 1 Bedroom (511B460) 660 sq ft 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
- Granite Countertops
- Island Kitchen
Model Lease Information
Model Price
- $1,454
Apartment Model: 1 Bedroom (511B460)$1,4541 Bedroom, 1 Bath, 660 sq ftUnavailable![]()
1 Bedroom (511B460) - Floorplan 1 2 Bedrooms
2 Bedroom (511C560b)
2 Beds, 1 Bath, 808 sq ftModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,739 Call for Availability 2 Bedroom (511C560b) 808 sq ft 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
- Granite Countertops
- Island Kitchen
Model Lease Information
Model Price
- $1,739
Apartment Model: 2 Bedroom (511C560b)$1,7392 Bedroom, 1 Bath, 808 sq ftUnavailable![]()
2 Bedroom (511C560b) - Floorplan 1 2 Bedroom (511C250)
2 Beds, 1 Bath, 834 sq ftModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,324 Call for Availability 2 Bedroom (511C250) 834 sq ft 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
- Granite Countertops
- Island Kitchen
Model Lease Information
Model Price
- $1,324
Apartment Model: 2 Bedroom (511C250)$1,3242 Bedroom, 1 Bath, 834 sq ftUnavailable![]()
2 Bedroom (511C250) - Floorplan 1 2 Bedroom (511C460, 511C460b)
2 Beds, 1 Bath, 886 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Call for Availability 2 Bedroom (511C460, 511C460b) 886 sq ft 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
- Granite Countertops
- Island Kitchen
Apartment Model: 2 Bedroom (511C460, 511C460b)Call For Rates2 Bedroom, 1 Bath, 886 sq ftUnavailable![]()
2 Bedroom (511C460, 511C460b) - Floorplan 1 2 Bedroom (511C450)
2 Beds, 1 Bath, 886 sq ftModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,324 Call for Availability 2 Bedroom (511C450) 886 sq ft 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
- Granite Countertops
- Island Kitchen
Model Lease Information
Model Price
- $1,324
Apartment Model: 2 Bedroom (511C450)$1,3242 Bedroom, 1 Bath, 886 sq ftUnavailable![]()
2 Bedroom (511C450) - Floorplan 1 2 Bedroom (511C360A, 511C360b)
2 Beds, 1 Bath, 890 sq ftLargest 2 BedroomThis is the largest 2 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,546 Call for Availability 2 Bedroom (511C360A, 511C360b) 890 sq ft 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
- Granite Countertops
- Island Kitchen
Model Lease Information
Model Price
- $1,546
Apartment Model: 2 Bedroom (511C360A, 511C360b)$1,5462 Bedroom, 1 Bath, 890 sq ftUnavailable![]()
2 Bedroom (511C360A, 511C360b) - Floorplan 1
Schedule a Tour
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Property Information
- 143 Units
- 6 Stories
- Built in 2023
- View Property Website
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Income Restrictions At Flats at Malcolm Yards
Income restrictions apply to some or all residents. Contact the community for more information.
| # Persons | 30% 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 |
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
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
Required Fees
One-Time Move-In Fees
- Due at Application
- Application Fee Per Applicant$50
- Due at Move-In
- Security Deposit - Refundablei1 month's rentVaries
Utilities & Essentials
- Utility - Billing Administrative Fee$4.25/mo
- Utility - GasIncluded in Rent
- Utility - WaterIncluded in Rent
- Utility - SewerIncluded in Rent
- Utility - ElectricVaries
- CableVaries
- High Speed Internet AccessVaries
- Utility- TrashIncluded in Rent
Other Fees
Pet Fees
- Dog Deposit$500
- Cat Deposit$500
- 2 Pet Limit
- 2 Pet Limit
Dog
Cat
Dogs
| Restrictions: None
Cats
| Restrictions: None
Parking Info and Fees
- 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
- Package Service
- Pet Washing Station
- Maintenance On Site
- Property Manager On Site
- Car Charging Station
- Pet Play Area
- Public Transportation
- 24 Hour Access
- Key Fob Entry
- Laundry Facilities
Community Features
- Business Center
- Clubhouse
- Multi Use Room
- Lounge
- Elevator
Outdoor Features
- Grill
- Sundeck
- Roof Terrace
- Picnic Area
- Controlled Access
- Patio
Recreation and Fitness
- Fitness Center
- Spa
- Bicycle Storage
- Walking/Biking Trails
Interior Features
- Balcony
- Storage Space
- Ceiling Fans
- High Speed Internet Access
- Sprinkler System
- Heating
- Washer/Dryer
- Air Conditioning
- Wi Fi
- Wheelchair Accessible (Rooms)
- Smoke Free
Kitchen Amenities
- Disposal
- Island Kitchen
- Dishwasher
- Eat In Kitchen
- Granite Countertops
Living Area Features
- Walk In Closets
- Den
- Large Bedrooms
- Tile Floors
- Hardwood Floors
Student Features
- Walk To Campus

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

Map
Hours and Contact Info
| 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 |
Getting Around
Walk Score®
79 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
91 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
60 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,454
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
Lifestyle Ratings
Learn more about Lifestyle SearchRenters Reviews and Ratings
Cozy and Convenient!!!
July 11, 2023I 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.Read MoreReview from Apartments.com
Small apartments you can’t afford
June 25, 2023The 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
Not as Advertised
April 18, 2023They 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
Nearby Schools
Pratt Elementary
Sanford Middle
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from Flats at Malcolm Yards.
Arts Museums and Landmarks
Big Box and Retail
Costco
Aldi
Target
Colleges and Universities
Groceries
Cub Foods
Aldi
Hospitals
University Of Minnesota Medical Center, Fairview
Hennepin County Medical Center
Children's Hospitals & Clinics Of Minnesota
Military Bases
Fort Snelling Military Reservation
Parks and Recreation
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
Flats at Malcolm Yards has 5 shopping centers within 1.7 miles.
Transit Stations
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Minneapolis Studio Apartments | $1,292 | $640 | $4,443 |
| Minneapolis 1 Bedroom Apartments | $1,551 | $500 | $6,500 |
| Minneapolis 2 Bedroom Apartments | $2,169 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,394 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,116 | $499 | $6,895 |
| Minneapolis 5 Bedroom Apartments | $3,648 | $2,029 | $5,498 |
| Minneapolis 6 Bedroom Apartments | $3,760 | $850 | $4,800 |
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