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Updated 4 hours ago

700 Central Lofts and Flats

VERIFIED

125 SE 7th St Minneapolis, MN

Studio - 2 Bed
1 - 2 Bath

510 - 1,024 Sq. Ft.

Available Now
Studio • 1 Bath
$1,325 - $1,395
510 ft2
2 Available
609F
$1,325
Available Now
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207F
$1,395
Available Feb 1st, 2025
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Studio • 1 Bath
$1,524
562 ft2
1 Available
500L
$1,524
Available Dec 31st, 2024
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1 Bed • 1 Bath
$1,495 - $1,542
662 ft2
2 Available
205L
$1,495
Available Now
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303L
$1,542
Available Now
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1 Bed • 1 Bath
$1,530 - $1,655
660 ft2
3 Available
508L
$1,585
Available Now
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504L
$1,530
Available Now
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606L
$1,655
Available Now
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1 Bed • 1 Bath
$1,600
638 ft2
1 Available
414L
$1,600
Available Now
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1 Bed • 1 Bath
$1,472 - $1,493
625 ft2
2 Available
301L
$1,472
Available Now
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501L
$1,493
Available Now
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1 Bed • 1 Bath
$1,675
770 ft2
1 Available
210F
$1,675
Available Now
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2 Beds • 2 Bath
$2,100 - $2,325
955 ft2
3 Available
507L
$2,150
Available Now
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707L
$2,325
Available Now
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207L
$2,100
Available Now
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
90
Walker's Paradise
Transit Score®
60
Good Transit
Bike Score®
99
Biker's Paradise
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Fee: $300.00
Pet Rent: $25.00
Lease & Fees
Lease Length:

12, 13, 14, 15, 24

Application Fee:

$50

Other:

Admin fee: $150

Property details
Description

Additional fees for this community include:Non-Optional FeesApplication fee: $50/adultNon-refundable administrative fee: Management charges a $150, non-refundable, administrative fee that is related to our internal and administrative costs for the establishment of a resident file, and preparation of initial lease paperwork and related addendums. This administrative fee must be paid, in addition to the payment of month's rent, any prorated rent, or any additional deposit that might be required on the day of move-in.Utility Fees:Electricity – Paid for by resident Gas – Paid for by residentHeat – Paid for by residentWater/Sewer/Trash – Utility billing is calculated by the Ratio Utility Billing System (RUBS) and will be added to the account ledger monthly. A 12-month history of payments is available for review in the management office, as required by Minnesota statute.

Additional Details
Total Unit Count: 144
Last Updated: Updated 4 hours ago
Contact Number: (612) 623-0700
Property manager information
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Office Hours
Monday: 9:00 AM - 5:00 PM
Tuesday: 9:00 AM - 5:00 PM
Wednesday: 9:00 AM - 6:00 PM
Thursday: 9:00 AM - 6:00 PM
Friday: 9:00 AM - 5:00 PM
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Arvig Enterprises, Inc. 1000.0 1000.0
ViaSat, Inc. 100.0 3.0
Nextera Holdings, LLC 50.0 50.0
Hughes Network Systems, LLC 25.0 3.0
CenturyLink, Inc. 10.0 1.0
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 700 Central Lofts and Flats by bedroom type below.
Studio
Suggested income:
$50,900
per year
1 Bedroom
Suggested income:
$58,900
per year
2 Bedroom
Suggested income:
$78,900
per year
Rent report

700 Central Lofts and Flats Rent vs. Minneapolis Average

 700 Central Lofts and Flats      Minneapolis Average
Studio
$1,415
$1,156
$0
$500
$1,000
$1,500
$2,000
1BR
$1,637
$1,379
$0
$550
$1,100
$1,650
$2,200
2BR
$2,192
$2,027
$0
$750
$1,500
$2,250
$3,000

700 Central Lofts and Flats is asking 22% more than the average studio apartment in Minneapolis.

If you upsized to an average priced Minneapolis 1 bedroom apartment, you would pay 16% more per month.

700 Central Lofts and Flats provides 15% more square footage than the average Minneapolis studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
700 Central Lofts and Flats
Studio $1,415 $2.70 $4,244
1BR $1,637 $2.30 $4,912
2BR $2,192 $2.30 $6,575
Minneapolis Average
Studio $1,156 $2.50 $3,467
1BR $1,379 $2.10 $4,137
2BR $2,027 $2.00 $6,081
3BR $2,126 $1.70 $6,378
4BR $2,424 $1.60 $7,272

Availability in Minneapolis

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1,765 1BR units on the market in Minneapolis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
17% 46% 27% 6% 3%
Available Units in Minneapolis
Studio 652
1BR 1,765
2BR 1,029
3BR 240
4BR 109
Location
Nearby Colleges
Campus Buildings and Attractions
Distance Walking Biking Driving
Educational Sciences Building 1.6 mi 31 min 9 min 4 min
Northrop Auditorium 1.6 mi 31 min 10 min 4 min
Recreation and Wellness Center 1.8 mi 36 min 12 min 4 min
Carlson School of Management 1.9 mi 37 min 11 min 5 min
Ackerberg Science Center 2.0 mi 38 min 12 min 4 min
Nearby Hospitals
Name Distance
Hennepin County Medical CTR 1.39 mi.
University Of Minnesota Medical Center Fairview East Bank Er 1.56 mi.
University Of Minnesota Medical Center East 1.57 mi.
Nearby Fire Stations
Name Distance
Glenwood Fire Department 2.0 mi.
Minneapolis Fire Department 2.23 mi.
Metropolitan Airports Commission 2.23 mi.
FAQs
Is this property currently leasing units?
Yes. There are 18 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 18 units available for move-in over the next 2 months. 15 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 510 to 1,024 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are studio, 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,325 to $2,325. 700 Central Lofts and Flats has studio units available starting at $1,325, 1 bedroom units available starting at $1,472, and 2 bedroom units available starting at $2,100.
Where is this property located?
This property is at 125 SE 7th St in Minneapolis, MN. It's 0.9 miles northeast from the center of Minneapolis.
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