Flats at Malcolm Yards Apartments

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505 SE Malcolm Ave, Minneapolis, MN 55414
(651) 362-2167
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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
  • $1,071-$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

See All Amenities

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:

  • 1 Bedroom

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

    $1,205

    1 Bed, 1 Bath, 622-645 sq ft
    Total Monthly Price
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtPhotosView Details
    $1,205Available Now507622
    $1,205Available Now606645
    $1,205Available Now615622

    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 Lease Information

    Unit Price

    • $1,205

    Model Rent and Fees

    Price

    • $1,205

    Unit 606 Lease Information

    Unit Price

    • $1,205

    Model Rent and Fees

    Price

    • $1,205

    Unit 615 Lease Information

    Unit Price

    • $1,205

    Model Rent and Fees

    Price

    • $1,205

    1 Bedroom (511B360, 511B360b)

    $1,454

    1 Bed, 1 Bath, 613-622 sq ft
    Total Monthly Price
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtPhotosView Details
    $1,454Available Now524622
    $1,454Available Now504622
    $1,454Available Now616622

    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 Lease Information

    Unit Price

    • $1,454

    Model Rent and Fees

    Price

    • $1,454

    Unit 504 Lease Information

    Unit Price

    • $1,454

    Model Rent and Fees

    Price

    • $1,454

    Unit 616 Lease Information

    Unit Price

    • $1,454

    Model Rent and Fees

    Price

    • $1,454

    1 Bedroom (511B560b)

    $1,454

    1 Bed, 1 Bath, 630 sq ft
    Total Monthly Price
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtPhotosView Details
    $1,454Available Now626630
    $1,454Available Now426630

    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 Lease Information

    Unit Price

    • $1,454

    Model Rent and Fees

    Price

    • $1,454

    Unit 426 Lease Information

    Unit Price

    • $1,454

    Model Rent and Fees

    Price

    • $1,454

    1 Bedroom (511B150, 511B150H)

    $1,205

    1 Bed, 1 Bath, 622 sq ft
    Total Monthly Price
    Available Nov 5

    Availability Details

    PriceAvailability DateUnitSq FtPhotosView Details
    $1,205 November 5, 2025110622
    $1,205 November 5, 2025118622

    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 Lease Information

    Unit Price

    • $1,205

    Model Rent and Fees

    Price

    • $1,205

    1 Bedroom (511B550, 511B550b)

    1 Bed, 1 Bath, 630 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,132Call for Availability1 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

    1 Bedroom (511B450)

    1 Bed, 1 Bath, 660 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,071Call for Availability1 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

    1 Bedroom (511B460)

    1 Bed, 1 Bath, 660 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,454Call for Availability1 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
    Show Unavailable Floorplans
  • 2 Bedrooms

    2 Bedroom (511C560b)

    2 Beds, 1 Bath, 808 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,739Call for Availability2 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

    2 Bedroom (511C250)

    2 Beds, 1 Bath, 834 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,324Call for Availability2 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

    2 Bedroom (511C460, 511C460b)

    2 Beds, 1 Bath, 886 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for Availability2 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

    2 Bedroom (511C450)

    2 Beds, 1 Bath, 886 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,324Call for Availability2 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

    2 Bedroom (511C360A, 511C360b)

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

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,546Call for Availability2 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
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: (651) 362-2167 to schedule a tour.

Matterport 3D Tours

Property Information

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

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

Dog Deposit$500

Cat

Cat Deposit$500

Dogs

  • 2 Pet Limit
Restrictions:

| Restrictions: None

Cats

  • 2 Pet Limit
Restrictions:

| 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
Google Map

Map

505 SE Malcolm Ave, Minneapolis, MN 55414

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
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

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

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

  • 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)
    • Controlled Gate Access
    • Fitness Center
    • Whirlpool/Spa/Sauna
    • Balconies
    • Smoke Free Options
    • Granite Countertops
    • Hardwood Floors
    • Package Service
    • Pet Washing Station
    • Maintenance on site
    • Pet Play Area
    • Key Fob Entry
    • Clubhouse
    • Elevator(s)
    • Walking/Biking Trails
    • High Speed Internet Access
    • Large Bedrooms
    • Tile Floors
    • Property Manager on Site
    • 24 Hour Access
    • Multi-Use Room
    • Lounge
    • Grill(s)
    • Sundeck(s)
    • Picnic Area
    • Bicycle Storage
    • Storage Spaces
    • Sprinkler System
    • Heating
    • Washer/Dryer In Unit
    • Air Conditioning
    • Hi Speed Internet/Wi-Fi
    • Disposals
    • Island Kitchens
    • Dishwashers
    • Dens
    • Patios
    See more
    See less
  • Affordability Nice Value3.4

    The Flats at Malcolm Yards Apartments are 26.55% cheaper than the average apartment in the Prospect Park area, and 34.95% cheaper than the average apartment city-wide.

    Rent Comparison to the Prospect Park Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    1 Bedroom$1,071$1,536-$465-30.3%
    2 Bedroom$1,324$1,716-$392-22.8%

    Rent Comparison to the city of Minneapolis

    FloorplanLowest Price HereCity Average RentCost Difference%
    1 Bedroom$1,071$1,551-$480-30.9%
    2 Bedroom$1,324$2,169-$845-39.0%

    Methodology: On 11/01/2025, ApartmentHomeLiving.com compared current rents by floorplan to 144 other apartment communities in the immediate area around Flats at Malcolm Yards (Prospect Park), and 4843 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 11/01/2025

  • 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
    • Whirlpool/Spa/Sauna
    • 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:

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

Renters Reviews and Ratings

4.9
3 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.
  • Cozy and Convenient!!!

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

    June 25, 2023
    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.
    Review from Apartments.com
  • Not as Advertised

    April 18, 2023
    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.
    Review from Apartments.com

Nearby Schools

Pratt Elementary

Minneapolis Public School Dist.
66 Malcolm Avenue Southeast
Public School - Grades PK-5 (202 Students)
In Attendance Zone1 minute drive / 0.3 miles away
2/10

Sanford Middle

Minneapolis Public School Dist.
3524 42nd Avenue South
Public School - Grades 6-8 (738 Students)
In Attendance Zone5 minute drive / 2.4 miles away
5/10
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 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

University Of Minnesota Medical Center, Fairview

2450 Riverside Avenue
4 minute drive / 1.4 miles away

Hennepin County Medical Center

701 Park Avenue
5 minute drive / 2.58 miles away

Children's Hospitals & Clinics Of Minnesota

2525 Chicago Avenue South
5 minute drive / 2.74 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

Studio to 5 Bedroom Apartments from $580
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Studio to 7 Bedroom Apartments from $469
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Studio to 6 Bedroom Apartments from $580
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Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest 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

Browse Top Apartments in Minneapolis

Viewing: Flats at Malcolm Yards | Desktop Version | Listing Updated: 10/31/2025 | AHLGLD