Park Plaza Apartments

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(612) 255-0231
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1315 Olson Memorial Hwy, Minneapolis, MN 55405

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Park Plaza

1315 Olson Memorial Hwy
Minneapolis, MN 55405
(612) 255-0231
Park Plaza in Minneapolis, MN - Building Photo
  • 1–3 Bedrooms
  • $1,020-$1,579 Plus Fees12 Month Lease Term
  • 551–1,092 Square Feet

About Park Plaza

Park Plaza is located in the 55405 Zip code of Minneapolis, MN. This community is professionally managed by Trellis Management

Unique Features and Amenities

  • Community Room
  • Heat Included with Rent
  • Off Street Parking
  • Patio/balcony
  • Public Transportation - Bus
  • Recently Updated
  • Vending machine located in each building

See All Amenities

Property Contact Info

Floorplan Pricing and Availability

Park Plaza offers 1 to 3 Bedroom apartments starting from $1,275 and having 551–1,092 sq ft. Here is the current pricing and availability:

Cost CalculatorEstimate your monthly and one-time fees
  • 1 Bedroom

    One Bedroom

    1 Bed, 1 Bath, 551 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,020Call for AvailabilityOne Bedroom551 sq ft

    Model Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Model Lease Information

    Model Price

    • $1,020
  • 2 Bedrooms

    Two Bedroom

    $1,275

    2 Beds, 1 Bath, 717-853 sq ft
    Plus Fees
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtDepositView Details
    $1,275Available Now505404717$400
    $1,275 May 31, 2026507502853$400

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Heating
    • High Speed Internet Access
    • Smoke Free

    Model Lease Information

    Model Price

    • $1,275

    Unit 505404 Lease Information

    Unit Price

    • $1,275
    • View Details and Rent Estimate

    Deposit

    • $400 deposit

    Model Lease Information

    Price

    • $1,275Plus Fees

    Unit 507502 Lease Information

    Unit Price

    • $1,275
    • View Details and Rent Estimate

    Deposit

    • $400 deposit

    Model Lease Information

    Price

    • $1,275Plus Fees
  • 3 Bedrooms

    Three Bedroom

    3 Beds, 1 Bath, 1092 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,579Call for AvailabilityThree Bedroom1092 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Heating
    • High Speed Internet Access
    • Smoke Free

    Model Lease Information

    Model Price

    • $1,579
Price shown is base rent. 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

Schedule a Tour
Call us at: (612) 255-0231 to schedule a tour.

Property Information

  • 134 Units
  • 6 Stories
  • Built in 1964

Income Restrictions At Park Plaza

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

# Persons60% Income Limit 50% Income Limit
1$55,620$46,350
2$63,600$53,000
3$71,520$59,600
4$79,440$66,200
5$85,800$71,500
6$92,160$76,800
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.

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.$45.00

Other Fees and Policies

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

  • Community Room
  • Heat Included with Rent
  • Off Street Parking
  • Patio/balcony
  • Public Transportation - Bus
  • Recently Updated
  • Vending machine located in each building

On-Site Services

  • Property Manager On Site
  • Laundry Facilities

Community Features

  • Elevator

Recreation and Fitness

  • Playground

Interior Features

  • Balcony
  • High Speed Internet Access
  • Heating
  • Air Conditioning
  • Smoke Free

Living Area Features

  • Walk In Closets

Outdoor Features

  • Patio

Pet Policy

  • No Pets Allowed
Google Map

Map

1315 Olson Memorial Hwy, Minneapolis, MN 55405

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday9:00 am–3:30 pm
Tuesday9:00 am–3:30 pm
Wednesday9:00 am–3:30 pm
Thursday9:00 am–3:30 pm
FridayClosed
SaturdayClosed
SundayClosed

Frequently Asked Questions about Park Plaza

Where is Park Plaza located?

Park Plaza is located at 1315 Olson Memorial Hwy, Minneapolis, MN

What is the current rent range at Park Plaza?

1 Bedrooms at Park Plaza currently start from $1,275. Call today for more info!

When is the leasing office open?

  • The office Hours for Park Plaza are
  • Monday 9:00 am–3:30 pm
  • Tuesday 9:00 am–3:30 pm
  • Wednesday 9:00 am–3:30 pm
  • Thursday 9:00 am–3:30 pm
  • Friday Closed
  • Saturday Closed
  • Sunday Closed

Are pets allowed?

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

Lifestyle Ratings

  • Affordability Nice Value3.4

    The Park Plaza Apartments are 39.23% cheaper than the average apartment city-wide.

    Rent Comparison to the city of Minneapolis

    FloorplanLowest Price HereCity Average RentCost Difference%
    2 Bedroom$1,275$2,185-$910-41.6%
    1 Bedroom$1,020$1,608-$588-36.6%
    3 Bedroom$1,579$2,610-$1,031-39.5%

    Methodology: On 04/15/2026, ApartmentHomeLiving.com compared current rents by floorplan to 5605 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 04/15/2026

Learn more about Lifestyle Search

Renters Reviews and Ratings

2.0
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.

Points of Interest

Time and distance from Park Plaza.

Arts Museums and Landmarks

Foshay Tower

821 Marquette Avenue South
4 minute drive / 1.42 miles away

Lake Harriet

Lake Harriet
4 minute drive / 1.44 miles away

Target Field

900 South 5th Street
4 minute drive / 2.05 miles away

Big Box and Retail

Aldi

1311 E Franklin Ave
5 minute drive / 2.51 miles away

Autozone

2940 Clinton Ave
5 minute drive / 2.56 miles away

Costco

5801 W 16th St
5 minute drive / 2.8 miles away

Colleges and Universities

Minneapolis Community and Technical College

1501 Hennipen Avenue
2 minute drive / 0.97 miles away

University of St. Thomas - Minneapolis Campus

1000 Lasalle Ave
3 minute drive / 1.17 miles away

North Central University

910 Elliot Avenue
4 minute drive / 2.03 miles away

Groceries

Cub Foods

701 W Broadway Ave
4 minute drive / 1.38 miles away

Aldi

1311 E Franklin Ave
5 minute drive / 2.51 miles away

Hospitals

Hennepin County Medical Center

701 Park Avenue
5 minute drive / 1.89 miles away

Children's Hospitals & Clinics Of Minnesota

2525 Chicago Avenue South
5 minute drive / 2.46 miles away

North Memorial Health

3300 Oakdale North
5 minute drive / 2.58 miles away

Military Bases

Fort Snelling Military Reservation

16 minute drive / 7.61 miles away

Parks and Recreation

Loring Park

1382 Willow St.
3 minute drive / 1.15 miles away

Lake of the Isles

2500 Lake Isles Pkwy. E
4 minute drive / 1.49 miles away

The Grand Rounds

2117 West River Road
5 minute drive / 1.8 miles away

Park Plaza has 5 parks within 3.5 miles, including Loring Park, Lake of the Isles, The Grand Rounds, Cedar Lake, and Powderhorn Park.

Shopping Centers

Market Place West

2005-2011 N Plymouth Ave
2 minute drive / 0.82 miles away

Minneapolis City Center

30-40 7th St S
3 minute drive / 1.32 miles away

West Broadway

1506-1510 Broadway Ave
4 minute drive / 1.37 miles away

Park Plaza has 5 shopping centers within 1.4 miles.

Transit Stations

Target Field Station-Hiawatha Line

3 minute drive / 1.15 miles away

Target Field Station-Northstar Corridor

3 minute drive / 1.15 miles away

Nicollet Mall Station-Hiawatha Line

75 S 5th St
4 minute drive / 1.47 miles away

Nearby Neighborhoods

Studio to 5 Bedroom Apartments from $624
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Studio to 5 Bedroom Apartments from $624
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Studio to 5 Bedroom Apartments from $624
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Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Minneapolis Studio Apartments $1,313$640$3,495
Minneapolis 1 Bedroom Apartments $1,608$500$8,819
Minneapolis 2 Bedroom Apartments $2,185$469$10,000+
Minneapolis 3 Bedroom Apartments $2,610$739$10,000+
Minneapolis 4 Bedroom Apartments $1,532$529$10,000+
Minneapolis 5 Bedroom Apartments $3,573$2,400$9,082
Minneapolis 6 Bedroom Apartments $3,673$2,800$4,650

Browse Top Apartments in Minneapolis

Viewing: Park Plaza | Desktop Version | Listing Updated: 04/14/2026 | AHLSLV