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- Studio Bedrooms
- $91612 Month Lease Term
- 395Square Feet
About Yale Place
Located near the banks of the Mississippi River, in the Prospect Park neighborhood of Minneapolis, you will find Yale Place tucked in a quiet neighborhood, with excellent access to the University of Minnesota & Interstate 94. These well-kept apartments with onsite laundry and off-street parking available are a great value for anyone looking to live near the University of Minnesota!
Yale Place is located in the Prospect Park Neighborhood and 55414 Zip code of Minneapolis, MN. This community is professionally managed by Hornig Companies, Inc.
Unique Features and Amenities
- 24-Hour Emergency Maintenance
- 24-Hour Maintenance
- Close to Walking Trails
- Gas
- Gas Heating Systems
- Gas Included
- gas oven/range
- Laundry On Site
- Laundry Shared/In-Building
- non-smoking property
- Off-Street Parking (based on availability- fees apply)
- On bus line
- one year lease length
- Online Maintenance Portal
- Online rent payment
- Parking Lot
- Smoke-Free Community
- Tile flooring
- Wall Air Conditioning
Property Contact Info
Floorplan Pricing and Availability
Yale Place offers Studio apartments starting from $916 and having 395 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
Studio
Studio Apartment: Yale Place
$916
Studio, 1 Bath, 395 sq ftTotal Monthly PriceAvailable Feb 1Model Gallery
Floorplans
Photos
Availability Details
Price Availability Date Unit Sq Ft Deposit $916 February 1, 2026 105 395 $500 * Price shown is Total Monthly Price including feesUnit 105 Amenities and Features
Features
- Air Conditioning
- Cable Ready
Kitchen
- Refrigerator
Unique Features
- 24-Hour Emergency Maintenance
- Close to Walking Trails
- Gas
- Gas Oven/Range
- Laundry on site
- Non-Smoking Property
- Off-Street Parking (based on availability- fees apply)
- On Bus Line
Unit 105 Lease Information
Unit Price
- $916
Deposit
- $500 deposit
Unit Description
Great Price & Great Location: Studio Apartment in Beautiful Prospect Park Located near the banks of the Mississippi River, in the Prospect Park neighborhood of Minneapolis, you will find Yale Place tucked in a quiet neighborhood, with excellent access to the University of Minnesota & Interstate 94. These well-kept apartments with onsite laundry and off-street parking available are a great value for anyone looking to live near the University of Minnesota! Come home to Yale Place! Pet Policies: -Cats allowed -Max 2 cats total -Cats must be spayed/neutered, vaccinated, and at least one year old Fixed Monthly Charges: -Electric paid to Xcel Energy -RUBS water/sewer variable* -RUBS Processing Fee $6.00 -Trash $15.00 -Minimum Liability Policy** $10.50 -LLI Processing Fee** $4.50 Optional Monthly Charges: -Parking: Off street parking $50.00 -Cat: $25.00 Lease Term: 12-Month Initial Lease Term Only *See utility addendum for full RUBS disclosure **Liability insurance fees are waived for renters that provide the Declarations Page of their own Renter's Insurance Policy See Hornig Companies Fee Disclosure for full details on all charges.
Model Rent and Fees
Price
- $916
Apartment Model: Studio Apartment: Yale Place$916Studio, 1 Bath, 395 sq ftAvailable February 1, 2026FloorplansPhotos![]()
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Studio Apartment: Yale Place - Image 8 Floor plans are artist's rendering. All dimensions are approximate. Actual product and specifications may vary in dimension or detail. Not all features are available in every rental home. Please see a representative for details.
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Studio Apartment: Yale Place - Floorplan 9 Apartment Unit: 105Apartment Model: Studio Apartment: Yale Place$916Studio, 1 Bath, 395 sq ftAvailable February 1, 2026
Schedule a Tour
Property Information
- 18 Units
- 3 Stories
- Built in 1966
- View Property Website
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Lease Terms
- 12 mo
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.
Required Fees
One-Time Move-In Fees
- Due at Application
- Application Fee Per ApplicantiCharged per applicant$50
- Pre-Lease DepositiPre-Lease Deposit must be paid within 24 hours of application being approved. Charged per unit$500
Utilities & Essentials
- RUBS Water/SeweriRUBS water/sewer variable* *See utility addendum for full RUBS disclosure Charged per residentVaries/mo
- RUBS Processing FeeiCharged per unit$6/mo
- Trash/RecyclingiCharged per unit$15/mo
Other Fees
Pet Fees
- Pet FeeiCharged per Pet$25/mo
- Pet DepositiCharged per Pet$300
Cat
Cats must be over 1 year of age.
Parking Fees
- Parking FeeiCharged per vehicle$50/mo
- Parking FeeiCharged per vehicle$0/day
Surface Lot
Street
Storage Fees
- Storage FeeiCharged per rentable item$0/day
BikeRack
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
- Maintenance On Site
- Property Manager On Site
- Online Services
- Recycling
- Renters Insurance Program
- Public Transportation
- 24 Hour Access
- Laundry Facilities
Outdoor Features
- Controlled Access
Recreation and Fitness
- Bicycle Storage
- Walking/Biking Trails
Interior Features
- Intercom
- Heating
- High Speed Internet Access
- Tub/Shower
- Cable Ready
- Air Conditioning
- Smoke Free
Kitchen Amenities
- Gas Range
- Kitchen
- Freezer
- Range
- Refrigerator
- Oven
Living Area Features
- Vinyl Flooring
- Carpet
- Double Pane Windows
- Linen Closet
- Tile Floors
- Window Coverings
Student Features
- Individual Locking Bedrooms
- Private Bathroom
- Walk To Campus

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

Map
Hours and Contact Info
| Monday | 10:00 am–5:00 pm |
| Tuesday | 10:00 am–5:00 pm |
| Wednesday | 10:00 am–5:00 pm |
| Thursday | 10:00 am–5:00 pm |
| Friday | 10:00 am–5:00 pm |
| Saturday | Closed |
| Sunday | Closed |
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 Yale Place
Where is Yale Place located?
Yale Place is located at 48 27th Ave SE near the Prospect Park area of Minneapolis, MN
What is the current rent range at Yale Place?
Studio at Yale Place currently start from $916. Call today for more info!
When is the leasing office open?
- The office Hours for Yale Place are
- Monday 10:00 am–5:00 pm
- Tuesday 10:00 am–5:00 pm
- Wednesday 10:00 am–5:00 pm
- Thursday 10:00 am–5:00 pm
- Friday 10:00 am–5:00 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 Yale Place is: $500 off 1st mo. for select units!~~Studio Apartment: $500 off 1st mo. if lease starts by 03/01/26!.
Lifestyle Ratings
Learn more about Lifestyle SearchRenters Reviews and Ratings
Yale Place
August 14, 2015Older building but close to campus and the river parkway. Management is very friendly and responsive. Relatively affordable for the area; ideal for a UofM student.Review from Apartments.com
Nearby Schools
Pratt Elementary
Edison Senior High
Northeast Middle
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from Yale Place.
Arts Museums and Landmarks
Big Box and Retail
Aldi
Costco
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
Yale Place has 5 parks within 4.1 miles, including Powderhorn Park, Loring Park, Como Zoo, The Grand Rounds, and Lake of the Isles.
Shopping Centers
Yale Place has 5 shopping centers within 1.4 miles.
Transit Stations
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Minneapolis Studio Apartments | $1,304 | $640 | $2,205 |
| Minneapolis 1 Bedroom Apartments | $1,571 | $500 | $8,059 |
| Minneapolis 2 Bedroom Apartments | $2,120 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,318 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,080 | $535 | $9,671 |
| Minneapolis 5 Bedroom Apartments | $3,275 | $2,000 | $3,800 |
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