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Yale Place Apartments

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(612) 294-9791
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48 27th Ave SE, Minneapolis, MN 55414

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Yale Place

48 27th Ave SE
Minneapolis, MN 55414
(612) 294-9791
Yale Place in Minneapolis, MN - Building Photo
  • 1 Bedroom Bedrooms
  • $956-$971 Total Monthly Price
    12 Month Lease Term

    Total Monthly Price

    Base Rent
    $935 - $950
    Required Monthly Fees
    $21

    Total Monthly Price
    $956 - $971
  • 490 Square Feet

Rent Specials

1st full mo. free if lease starts by 10/1/26!~~1st full mo. free if lease starts by 10/1/26!

About Yale Place

Located near the banks of the Mississippi River in the Prospect Park neighborhood of Minneapolis, Yale Place is tucked into a quiet residential setting with convenient access to the University of Minnesota and Interstate 94. These well-kept apartment homes offer onsite laundry and available off-street parking, providing comfort and convenience in a charming neighborhood setting. 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: -Resident pays electric 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.

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
  • Bike Rack
  • Close to Walking Trails
  • Community Garden
  • Gas
  • Gas Heating Systems
  • Gas Included
  • Gas Oven/Range
  • Gas Range/Oven
  • 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

See All Amenities

Property Contact Info

Office Hours

Monday10:00 am–5:00 pm
Tuesday10:00 am–5:00 pm
Wednesday10:00 am–5:00 pm
Thursday10:00 am–5:00 pm
Friday10:00 am–5:00 pm
SaturdayClosed
SundayClosed

Floorplan Pricing and Availability

Yale Place offers 1 Bedroom apartments starting from $956 and having 490 sq ft. Here is the current pricing and availability:

    • 1 Bedroom

      1bd Apartment: Yale Place

      From $956

      1 Bed, 1 Bath, 490 sq ft
      Total Monthly Price

      Total Monthly Price

      Base Rent
      $935 - $950
      Required Monthly Fees
      $21

      Total Monthly Price
      $956 - $971
      Available Oct 1

      Availability Details

      PriceAvailability DateUnitSq FtDepositView Details
      $971 October 1, 2026206490$500
      $956 November 4, 20264490$500
      Prices shown for this property are the Total Monthly Price including Fees.

      Model Amenities and Features

      Features

      • Air Conditioning
      • Cable Ready
      • Heating
      • High Speed Internet Access
      • Intercom
      • Smoke Free
      • Tub/Shower

      Kitchen

      • Freezer
      • Gas Range
      • Kitchen
      • Oven
      • Refrigerator

      Living Space

      • Carpet
      • Double Pane Windows
      • Linen Closet
      • Tile Floors
      • Vinyl Flooring
      • Window Coverings

      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

      Model Lease Information

      Model Price Range

      • $956 - $971Total Monthly Price
        Base Rent: $935 - $950
        Required Monthly Fees: $21

      Deposit

      • $500 deposit

      Unit 206 Amenities and Features

      Features

      • Air Conditioning
      • Cable Ready
      • Heating
      • High Speed Internet Access
      • Intercom
      • Smoke Free
      • Tub/Shower

      Kitchen

      • Freezer
      • Gas Range
      • Kitchen
      • Oven
      • Refrigerator

      Living Space

      • Carpet
      • Double Pane Windows
      • Linen Closet
      • Tile Floors
      • Vinyl Flooring
      • Window Coverings

      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 206 Lease Information

      Unit Price

      • $971Total Monthly Price
        Base Rent: $950
        Required Monthly Fees: $21

      Deposit

      • $500 deposit

      Unit Description

      1-Bedroom Apartment in Beautiful Prospect Park Located near the banks of the Mississippi River in the Prospect Park neighborhood of Minneapolis, Yale Place is tucked into a quiet residential setting with convenient access to the University of Minnesota and Interstate 94. These well-kept apartment homes offer onsite laundry and available off-street parking, providing comfort and convenience in a charming neighborhood setting. 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 Lease Information

      Model Price Range

      • $956 - $971Total Monthly Price

      Unit 4 Amenities and Features

      Features

      • Air Conditioning
      • Cable Ready
      • Heating
      • High Speed Internet Access
      • Intercom
      • Smoke Free
      • Tub/Shower

      Kitchen

      • Freezer
      • Gas Range
      • Kitchen
      • Oven
      • Refrigerator

      Living Space

      • Carpet
      • Double Pane Windows
      • Linen Closet
      • Tile Floors
      • Vinyl Flooring
      • Window Coverings

      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 4 Lease Information

      Unit Price

      • $956Total Monthly Price
        Base Rent: $935
        Required Monthly Fees: $21

      Deposit

      • $500 deposit

      Unit Description

      1-Bedroom Apartment in Beautiful Prospect Park Located near the banks of the Mississippi River in the Prospect Park neighborhood of Minneapolis, Yale Place is tucked into a quiet residential setting with convenient access to the University of Minnesota and Interstate 94. These well-kept apartment homes offer onsite laundry and available off-street parking, providing comfort and convenience in a charming neighborhood setting. 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 Lease Information

      Model Price Range

      • $956 - $971Total Monthly Price
    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: (612) 294-9791 to request a tour.

    3D Tours

    Property Information

    • 18 Units
    • 3 Stories
    • Built in 1966

    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.

    Ask About Our Fees

    Required Fees

    One-Time Basics

    Due at Application
    Application Fee Per ApplicantiCharged per applicant.$50.00
    Pre-Lease DepositiPre-Lease Deposit must be paid within 24 hours of application being approved. Charged per unit.$500.00

    Utilities

    RUBS Water/SeweriRUBS water/sewer variable* *See utility addendum for full RUBS disclosure Charged per resident.Varies/mo
    Utility - ElectriciPay to Xcel Energy. Charged Per Unit. Payable to Third Party.Usage-Based/mo
    Liability InsuranceiRenters' Insurance required. Minimum $100,000 liability coverage. Charged Per Unit. Payable to Third Party.Varies/mo
    RUBS Processing FeeiCharged per unit.$6.00/mo
    Trash/RecyclingiCharged per unit.$15.00/mo

    Other Fees and Policies

    Pet Fees

    Cat
    Monthly Pet FeeiMax of 2. Charged Per Pet.$25.00/mo
    Pet interview, Spayed/Neutered
    Restrictions:

    Pet cats must be over 1 year of age.

    Comments:

    Max of 2. $300 refundable deposit per pet cat.

    Fish
    Monthly Pet FeeiCharged Per Unit.$0.00/mo
    Pet interview, Spayed/Neutered
    Comments:

    Fish are allowed in one tank max, 20 gallons or less.

    Parking Fees

    Street
    Parking FeeiCharged Per Vehicle. Payable to Third Party.$0.00/day
    Comments:

    Free street parking - City of Minneapolis.

    Surface Lot
    Parking FeeiCharged per vehicle.$50.00/mo
    Comments:

    Off-street parking lot.

    Storage Fees

    BikeRack
    Storage FeeiCharged per rentable item.$0.00/day
    Comments:

    Free indoor bike 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

    • 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
    Google Map

    Map

    48 27th Ave SE, Minneapolis, MN 55414

    Getting Around

    • 70 / 100 Moderately walkable

      Most 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

    • 70 / 100 Moderately car friendly

      Good access to freeways and/or major arteries, with a low 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

    • 70 / 100 Nightlife

      Several bars within a few minutes

    • 70 / 100 Shopping

      Several shops within a few minutes

    • 100 / 100 Parks

      Exceptionally large amount of park space within a few minutes

    • 0 / 100 Noise Level

      Many sources of noise nearby

    Scores provided by Local Logic

    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?

    1 Bedrooms at Yale Place currently start from $956. 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: 1st full mo. free if lease starts by 10/1/26!~~1st full mo. free if lease starts by 10/1/26!.

    Lifestyle Ratings

    • Affordability Nice Value3.4

      The Yale Place Apartments are 42.2% cheaper than the average apartment in the Prospect Park area, and 40.9% 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$956$1,655-$699-42.2%
      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$956$1,618-$662-40.9%
      Prices shown for this property are the Total Monthly Price including Fees.

      Methodology: On 09/16/2026, ApartmentHomeLiving.com compared current rents by floorplan to 34 other apartment communities in the immediate area around Yale Place (Prospect Park), and 2789 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 09/16/2026

      * Price shown is Total Monthly Price including fees
    • Transit Friendly 3.0

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

      See the best Minneapolis apartments for Access to Transit
    Learn more about Lifestyle SearchExplore Lifestyle Search in Minneapolis

    Renters Reviews and Ratings

    3.0
    1 Renters Reviews

    Yale Place

    August 14, 2015 - Review from Apartments.com
    Older 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.

    Nearby Schools

    Pratt Elementary School

    Minneapolis Public School Dist.
    66 Malcolm Avenue Southeast
    Public School - Grades PK-5 (196 Students)
    In Attendance Zone1 minute drive / 0.3 miles away
    2/10

    Edison Senior High School

    Minneapolis Public School Dist.
    700 22nd Avenue Northeast
    Public School - Grades 9-12 (865 Students)
    In Attendance Zone7 minute drive / 3.3 miles away
    4/10

    Northeast Middle School

    Minneapolis Public School Dist.
    2955 Hayes Street Northeast
    Public School - Grades 6-8 (541 Students)
    In Attendance Zone8 minute drive / 3.8 miles away
    2/10
    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 Yale Place.

    Arts Museums and Landmarks

    Guthrie Theater

    818 South 2nd Street
    5 minute drive / 1.85 miles away

    Target Field

    900 South 5th Street
    5 minute drive / 1.93 miles away

    Foshay Tower

    821 Marquette Avenue South
    5 minute drive / 2.55 miles away

    Big Box and Retail

    Aldi

    1311 E Franklin Ave
    5 minute drive / 1.8 miles away

    Costco

    3311 Broadway St NE
    4 minute drive / 2.12 miles away

    Target

    1650 New Brighton Blvd
    5 minute drive / 2.48 miles away

    Colleges and Universities

    University of Minnesota

    100 Church Street SE
    2 minute drive / 0.72 miles away

    Augsburg College

    2211 Riverside Ave
    3 minute drive / 1.02 miles away

    North Central University

    910 Elliot Avenue
    4 minute drive / 2.05 miles away

    Groceries

    Cub Foods

    2850 S 26th Ave
    4 minute drive / 1.49 miles away

    Aldi

    1311 E Franklin Ave
    5 minute drive / 1.8 miles away

    Hospitals

    M Health Fairview University Of Minnesota Medical Center - East Bank

    500 Harvard St Se
    1 minute drive / 0.54 miles away

    M Health Fairview Masonic Children's Hospital

    2450 Riverside Ave
    2 minute drive / 0.87 miles away

    M Health Fairview University Of Minnesota Medical Center - West Bank

    2450 Riverside Avenue
    2 minute drive / 0.92 miles away

    Military Bases

    Fort Snelling Military Reservation

    11 minute drive / 5.32 miles away

    Parks and Recreation

    Powderhorn Park

    3400 15th Ave. S
    5 minute drive / 2.59 miles away

    Loring Park

    1382 Willow St.
    6 minute drive / 3.03 miles away

    Como Zoo

    1225 Estabrook Drive
    7 minute drive / 3.37 miles away

    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

    Stadium Village

    917-935 SE Washington Ave
    1 minute drive / 0.36 miles away

    Dinkytown Center

    401-409 SE 14th Ave
    3 minute drive / 1.07 miles away

    Seward Crossing

    2111 E Franklin Ave
    3 minute drive / 1.2 miles away

    Yale Place has 5 shopping centers within 1.4 miles.

    Transit Stations

    Franklin Avenue Station-Hiawatha Line

    1883 E Franklin Ave
    4 minute drive / 1.42 miles away

    Government Plaza Station-Hiawatha Line

    356 S 5th St
    4 minute drive / 2.29 miles away

    38th Street Station-Hiawatha Line

    3761 Hiawatha Ave
    5 minute drive / 2.49 miles away

    Nearby Neighborhoods

    Prospect Park

    Studio to 5 Bedroom Apartments from $649
    View Rentals

    Seward

    Studio to 3 Bedroom Apartments from $750
    View Rentals

    University Of Minnesota

    Studio to 7 Bedroom Apartments from $745
    View Rentals

    Rental Price Ranges in the Area

    BedroomAverage RentCheapest RentHighest Rent
    Minneapolis Studio Apartments $1,317$635$2,400
    Minneapolis 1 Bedroom Apartments $1,618$500$6,629
    Minneapolis 2 Bedroom Apartments $2,183$280$10,000+
    Minneapolis 3 Bedroom Apartments $2,567$437$10,000+
    Minneapolis 4 Bedroom Apartments $2,584$649$7,263
    Minneapolis 5 Bedroom Apartments $3,283$650$6,454

    Browse Top Apartments in Minneapolis

    Viewing: Yale Place | Desktop Version | Listing Updated: 09/16/2026 | AHLGLD