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Updated 4 hours ago

The Exchange Apartments

VERIFIED

2299 Palmer Dr New Brighton, MN

1 - 2 Bed
1 - 2 Bath

686 - 1,160 Sq. Ft.

Available Now
Deal
Up to 2 months FREE! Also offering flexible lease terms!
Studio • 1 Bath
$1,239 - $1,475
572 ft2
0 Available
Unit 228
$1,239
Rented
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Unit 328
$1,357
Rented
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Unit 628
$1,457
Rented
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Unit 428
$1,357
Rented
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Unit 528
$1,475
Rented
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Studio • 1 Bath
$1,279 - $1,399
533 ft2
0 Available
Unit 331
$1,279
Rented
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Unit 427
$1,299
Rented
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Unit 407
$1,299
Rented
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Unit 507
$1,374
Rented
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Unit 227
$1,392
Rented
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Unit 607
$1,399
Rented
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Unit 307
$1,279
Rented
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Unit 207
$1,320
Rented
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Unit 327
$1,381
Rented
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Unit 531
$1,395
Rented
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Studio • 1 Bath
$1,420 - $1,585
592 ft2
0 Available
Unit 303
$1,420
Rented
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Unit 403
$1,465
Rented
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Unit 203
$1,490
Rented
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Unit 503
$1,585
Rented
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Unit 603
$1,520
Rented
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Studio • 1 Bath
$1,248 - $1,425
515 ft2
0 Available
Unit 206
$1,248
Rented
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Unit 411
$1,285
Rented
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Unit 223
$1,308
Rented
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Unit 511
$1,350
Rented
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Unit 211
$1,308
Rented
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Unit 311
$1,285
Rented
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Unit 423
$1,308
Rented
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Unit 323
$1,350
Rented
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Unit 523
$1,425
Rented
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Unit 623
$1,420
Rented
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1 Bed • 1 Bath
$1,995 - $2,135
830 ft2
4 Available
Unit 402
$1,995
Available Now
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Unit 432
$1,995
Available Now
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Unit 602
$2,135
Available Now
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Unit 532
$2,105
Available Dec 1st, 2024
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1 Bed • 1 Bath
$1,795
686 ft2
1 Available
Unit 613
$1,795
Available Dec 15th, 2024
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1 Bed • 1 Bath
$1,774 - $1,930
743 ft2
2 Available
Unit 619
$1,930
Available Jan 1st, 2025
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Unit 615
$1,774
Available Mar 1st, 2025
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2 Beds • 2 Bath
$2,195 - $2,295
1030 ft2
2 Available
Unit 604
$2,295
Available Now
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Unit 504
$2,195
Available Now
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View Rented Units
2 Beds • 1 Bath
$2,070
866 ft2
2 Available
Unit 614
$2,070
Available Now
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Unit 620
$2,070
Available Dec 1st, 2024
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View Rented Units
2 Beds • 2 Bath
$2,560
1160 ft2
1 Available
Unit 233
$2,560
Available Mar 1st, 2025
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
60
Somewhat Walkable
Transit Score®
19
Minimal Transit
Bike Score®
47
Somewhat Bikeable
Amenities
Fitness Center
Pool
Balcony, Deck, Patio
Package Receiving
Clubhouse
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Fee: $300.00
Pet Rent: $25.00
Lease & Fees
Lease Length:

8, 9, 10, 11, 12, 13, 14, 15

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: 132
Last Updated: Updated 4 hours ago
Contact Number: (651) 661-7711
Property manager information
Bader
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Office Hours
Monday: 9:00 AM - 5:00 PM
Tuesday: 9:00 AM - 5:00 PM
Wednesday: 9:00 AM - 5:00 PM
Thursday: 9:00 AM - 5:00 PM
Friday: 9:00 AM - 5:00 PM
Saturday: 11:00 AM - 3:00 PM
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
CenturyLink, Inc. 940.0 940.0
CenturyLink, Inc. 100.0 10.0
ViaSat, Inc. 100.0 3.0
Nextera Holdings, LLC 50.0 50.0
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
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 The Exchange Apartments by bedroom type below.
1 Bedroom
Suggested income:
$70,600
per year
2 Bedroom
Suggested income:
$80,600
per year
Rent report

The Exchange Apartments Rent vs. New Brighton Average

 The Exchange Apartments      New Brighton Average
1BR
$1,961
$1,268
$0
$650
$1,300
$1,950
$2,600
2BR
$2,238
$1,460
$0
$750
$1,500
$2,250
$3,000

The Exchange Apartments is asking 55% more than the average 1 bedroom apartment in New Brighton.

If you upsized to an average priced New Brighton 2 bedroom apartment, you would pay 13% more per month.

If you downsized to an average priced New Brighton studio apartment, you would pay 47% less per month.

The Exchange Apartments provides 14% more square footage than the average New Brighton 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Exchange Apartments
1BR $1,961 $2.50 $5,884
2BR $2,238 $2.30 $6,714
New Brighton Average
Studio $860 $1.70 $2,580
1BR $1,268 $1.80 $3,805
2BR $1,460 $1.70 $4,381
3BR $1,895 $1.50 $5,685
4BR $2,195 $1.30 $6,585

Availability in New Brighton

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 39 1BR units on the market in New Brighton. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
4% 56% 37% 1% 1%
Available Units in New Brighton
Studio 3
1BR 39
2BR 26
3BR 1
4BR 1
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Mercy Hospital – Unity Campus 3.35 mi.
North Memorial Medical Center 6.37 mi.
University Of Minnesota Medical Center Fairview East Bank Er 6.59 mi.
Nearby Fire Stations
Name Distance
Three Star Volunteer Fire Department 0.52 mi.
Columbia Heights Fire Department 1.54 mi.
New Brighton Department Of Public Safety Fire Division 1.71 mi.
FAQs
Is this property currently leasing units?
Yes. There are 12 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 10 units available for move-in over the next 2 months. 6 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 686 to 1,160 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 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 $1,795 to $2,295. The Exchange Apartments has 1 bedroom units available starting at $1,795 and 2 bedroom units available starting at $2,070.
Where is this property located?
This property is at 2299 Palmer Dr in New Brighton, MN. It's 0.9 miles northwest from the center of New Brighton.
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