Available: Nov 5, 2026
Updated
Mill City Quarter Apartments
322 S 2nd St, Minneapolis, MN 55401, USA
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Rent Distribution
Price by Bedroom
Price Breakdown
Rent by Unit
Price vs. Square Footage
Price History
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History follows your bedroom selection. Current rent limits and move-in dates do not change past averages.
Estimated Building Revenue
How is this calculated?
Rental revenue model
We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.
- Building size: stated by the property itself
- Occupancy: building size minus currently listed units
- Rents: observed lease-offs first, current asking rents as fallback
These are research estimates, not financial statements from the operator. Confidence: high (building size is reported).
Est. Monthly Revenue
$202K
$2.4M annual run rate
Est. Occupancy
97%
of about 150 units (reported building size)
Effective Rent on New Leases
$1,727
vs $1,393 current asking
Recent Lease Activity
6 units tracked; 1 assumed leased, 5 listed nowSee which units leased, when they left the market, and the rent they leased at.
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How is this calculated?
Negotiation Leverage Score (0-100)
Based on 5 observable signals from the property's listing data:
- +30 pts: 15+ units currently listed
- +25 pts: Active move-in specials
- +20 pts: Deep discounts (>$150/mo off)
- +15 pts: 5+ distinct floor plans
- +10 pts: 25+ units listed
All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.
Listed Units
5
Moderate availability
3 floor plans
Move-in Specials
0
No active promotions
Negotiation Leverage
High demand property with less room to negotiate on price.
Price vs. Central Minneapolis
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Available: Oct 5, 2026
Available: Now
Available: Now
Available: Nov 6, 2026
| Unit | Floor Plan | Details | |||||
|---|---|---|---|---|---|---|---|
| 419 | | 1bd / 1ba | 606 | $1,199 | $1.98 | Nov 5, 2026 | |
| 403 | | 2bd / 2ba | 927 | $1,431 | $1.54 | Oct 5, 2026 | |
| 607 | | 1bd / 1ba | 606 | $1,445 | $2.38 | Now | |
| 231 | | 1bd / 1ba | 606 | $1,445 | $2.38 | Now | |
| 621 | | 1bd / 1ba | 606 | $1,445 | $2.38 | Nov 6, 2026 | |
Unit Details
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Garages and parking
Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.
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Train activity nearby
Freight line 2,615 ft away · 10 trains/day
- 5 daytime, 5 overnight
- Quiet zone. Horns are silenced at the nearest crossing.
- Operator: BNSF
City Club
Resident Notes & Access Codes
Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Minneapolis, MN notes
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Central Minneapolis Rent Trends
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