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NoLo Living - NoLo South apartments in Minneapolis, MN

Updated

NoLo Living - NoLo South

701 N 2nd St, Minneapolis, MN 55401

Live pricing, refreshed

24
Units Listed
$1,395
Starting at
$2,035
Average
$2,824
Highest
$3.16
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Minneapolis, MN rent trends

Beds

Pricing by Bedroom

Studio
$1,395
from $1,395 · 1 units
~370 sqft avg
1 Bed
$1,867
from $1,572 · 18 units
~592 sqft avg
2 Bed
$2,770
from $2,670 · 5 units
~882 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (57)

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

$529K

$6.3M annual run rate

Est. Occupancy

92%

of about 308 units (reported building size)

Effective Rent on New Leases

$1,862

vs $2,035 current asking ($173 negotiation gap)

Recent Lease Activity

89 units tracked; 65 assumed leased, 24 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

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

24

Good availability

20 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Available Units

24 units
Studio / 1 Bath NoLo East - S1
$1,395/mo
370 ft² · $3.77/ft\u00B2 · #705
1 Bed / 1 Bath NoLo West - A1
$1,572/mo
442 ft² · $3.56/ft\u00B2 · #307
1 Bed / 1 Bath NoLo West - A2
$1,637/mo
507 ft² · $3.23/ft\u00B2 · #421
1 Bed / 1 Bath NoLo West - A2
$1,642/mo
507 ft² · $3.24/ft\u00B2 · #221
1 Bed / 1 Bath NoLo East - A2
$1,675/mo
451 ft² · $3.71/ft\u00B2 · #310
1 Bed / 1 Bath NoLo East - A2
$1,690/mo
451 ft² · $3.75/ft\u00B2 · #410
1 Bed / 1 Bath NoLo West - A2
$1,697/mo
507 ft² · $3.35/ft\u00B2 · #621
1 Bed / 1 Bath NoLo East - A5
$1,724/mo
475 ft² · $3.63/ft\u00B2 · #409
1 Bed / 1 Bath NoLo East - A6
$1,756/mo
497 ft² · $3.53/ft\u00B2 · #701
1 Bed / 1 Bath NoLo South - A1
$1,847/mo
614 ft² · $3.01/ft\u00B2 · #604

Train activity

Trains close by

Freight line 1,079 ft away

  • Trains pass infrequently
  • Crossing 1,079 ft away. Horns expected during the day.
  • Operator: SOO

Why this matters →

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

No resident notes for this property yet.

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