Home / Minneapolis Area Apartments / New Brighton / The Exchange Apartments
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Updated 1 hour ago

The Exchange Apartments

VERIFIED

2299 Palmer Dr New Brighton, MN

Studio - 2 Bed
1 - 2 Bath

533 - 1,160 Sq. Ft.

Available Now
Deal
Up to 2 months FREE! Also offering flexible lease terms!
Studio • 1 Bath
$1,525
572 ft2
1 Available
Unit 628
$1,525
Available Mar 1st, 2025
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Studio • 1 Bath
$1,425
533 ft2
1 Available
Unit 231
$1,425
Available Apr 1st, 2025
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1 Bed • 1 Bath
$1,995 - $2,105
830 ft2
3 Available
Unit 402
$1,995
Available Now
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Unit 432
$1,995
Available Now
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Unit 532
$2,105
Available Now
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1 Bed • 1 Bath
$1,815
686 ft2
2 Available
Unit 613
$1,815
Available Dec 25th, 2024
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Unit 616
$1,815
Available Mar 1st, 2025
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1 Bed • 1 Bath
$1,825 - $1,930
743 ft2
3 Available
Unit 619
$1,930
Available Jan 1st, 2025
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Unit 615
$1,825
Available Mar 1st, 2025
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Unit 519
$1,875
Available Mar 1st, 2025
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2 Beds • 1 Bath
$2,075
866 ft2
2 Available
Unit 614
$2,075
Available Now
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Unit 620
$2,075
Available Now
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2 Beds • 2 Bath
$2,535
1160 ft2
1 Available
Unit 233
$2,535
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 1 hour 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.
Studio
Suggested income:
$53,100
per year
1 Bedroom
Suggested income:
$69,100
per year
2 Bedroom
Suggested income:
$80,200
per year
Rent report

The Exchange Apartments Rent vs. New Brighton Average

 The Exchange Apartments      New Brighton Average
Studio
$1,475
$1,073
$0
$500
$1,000
$1,500
$2,000
1BR
$1,919
$1,204
$0
$650
$1,300
$1,950
$2,600
2BR
$2,228
$1,407
$0
$750
$1,500
$2,250
$3,000

The Exchange Apartments is asking 37% more than the average studio apartment in New Brighton.

If you upsized to an average priced New Brighton 1 bedroom apartment, you would pay 11% more per month.

The Exchange Apartments provides 5% more square footage than the average New Brighton studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Exchange Apartments
Studio $1,475 $2.70 $4,425
1BR $1,919 $2.50 $5,758
2BR $2,228 $2.30 $6,685
New Brighton Average
Studio $1,073 $2.00 $3,220
1BR $1,204 $1.80 $3,612
2BR $1,407 $1.60 $4,222
3BR $2,358 $1.70 $7,073
4BR $2,500 $1.60 $7,500

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
5% 51% 39% 3% 1%
Available Units in New Brighton
Studio 4
1BR 39
2BR 30
3BR 2
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 13 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 7 units available for move-in over the next 2 months. 5 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 533 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 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,815 to $2,105. The Exchange Apartments has 1 bedroom units available starting at $1,815 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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