How much does it cost to rent at The Flats at Malcolm Yards?

Rent at The Flats at Malcolm Yards in Minneapolis, MN ranges from $1,201 to $1,735 per month as of September 23, 2026.

What is the average 1 bed rent at The Flats at Malcolm Yards?

The average 1 bed apartment at The Flats at Malcolm Yards costs $1,326/month, starting from $1,201.

What is the average 2 bed rent at The Flats at Malcolm Yards?

The average 2 bed apartment at The Flats at Malcolm Yards costs $1,569/month, starting from $1,320.

Is The Flats at Malcolm Yards a good apartment complex?

The Flats at Malcolm Yards has a 4-star rating on Google based on 45 reviews.

Updated September 23, 2026 at 1:34 a.m. CT

The Flats at Malcolm Yards

505 Malcolm Ave SE, Minneapolis, MN 55414, USA

4 (45 reviews) Official Website (612) 712-8084

Live pricing, refreshed September 23, 2026 at 1:34 a.m. CT

Units Listed

$1,201

Starting at

$1,436

Average

$1,735

Highest

$1.94

Per Sq Ft

How does this compare? View Marcy-Holmes rent trends

Beds

Pricing by Bedroom

1 Bed

$1,326

from $1,201 · 6 units

~637 sqft avg

2 Bed

$1,569

from $1,320 · 5 units

~861 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

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: modeled from how many distinct units we have observed over time
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: moderate (building size is modeled).

Est. Monthly Revenue

$204K

$2.4M annual run rate

Modeled estimate

Est. Occupancy

93%

of about 156 units (modeled from leasing activity)

Effective Rent on New Leases

$1,404

vs $1,436 current asking ($32 negotiation gap)

Recent Lease Activity

38 units tracked; 27 assumed leased, 11 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

Moderate availability

11 floor plans

Move-in Specials

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Marcy-Holmes

Neighborhood

East River Terrace

$1,015 Hub Minneapolis

$1,018 The Station on Washington

$1,025 UNCOMMON Dinkytown

$1,178

The Flats at Malcolm Yards

$1,201

Thornton Place Apartments

$1,395 The Station at Malcolm Yards

$1,408 Hencen Apartments

$1,434 700 Central Apartments

$1,577 The Link Minneapolis

$1,580 Expo

$1,640

Comparing 11 apartments in Marcy-Holmes. Click any bar to view that building.

See Marcy-Holmes rent trends on the Minneapolis, MN map Explore Minneapolis, MN on the interactive map

Available Units

Sort

11 units

1 Bed / 1 Bath 1 Bedroom (511B150, 511B150H)

$1,201/mo

622 ft² · $1.93/ft² · #1

1 Bed / 1 Bath 1 Bedroom (511B450)

$1,201/mo

660 ft² · $1.82/ft² · #3

1 Bed / 1 Bath 1 Bedroom (511B550, 511B550b)

$1,201/mo

630 ft² · $1.91/ft² · #5

2 Bed / 1 Bath 2 Bedroom (511C250)

$1,320/mo

834 ft² · $1.58/ft² · #7

2 Bed / 1 Bath 2 Bedroom (511C450)

$1,320/mo

886 ft² · $1.49/ft² · #8

1 Bed / 1 Bath 1 Bedroom (511B360, 511B360b)

$1,450/mo

622 ft² · $2.33/ft² · #2

1 Bed / 1 Bath 1 Bedroom (511B460)

$1,450/mo

660 ft² · $2.20/ft² · #4

1 Bed / 1 Bath 1 Bedroom (511B560b)

$1,450/mo

630 ft² · $2.30/ft² · #6

2 Bed / 1 Bath 2 Bedroom (511C560b)

$1,735/mo

808 ft² · $2.15/ft² · #10

2 Bed / 1 Bath 2 Bedroom (511C360A, 511C360b)

$1,735/mo

890 ft² · $1.95/ft² · #11

Unit	Floor Plan	Bed/Bath	Sqft	↑ Price	$/Sqft	Available
1	1 Bedroom (511B150, 511B150H)	1bd / 1ba	622	$1,201	$1.93	--
3	1 Bedroom (511B450)	1bd / 1ba	660	$1,201	$1.82	--
5	1 Bedroom (511B550, 511B550b)	1bd / 1ba	630	$1,201	$1.91	--
7	2 Bedroom (511C250)	2bd / 1ba	834	$1,320	$1.58	--
8	2 Bedroom (511C450)	2bd / 1ba	886	$1,320	$1.49	--
2	1 Bedroom (511B360, 511B360b)	1bd / 1ba	622	$1,450	$2.33	--
4	1 Bedroom (511B460)	1bd / 1ba	660	$1,450	$2.20	--
6	1 Bedroom (511B560b)	1bd / 1ba	630	$1,450	$2.30	--
10	2 Bedroom (511C560b)	2bd / 1ba	808	$1,735	$2.15	--
11	2 Bedroom (511C360A, 511C360b)	2bd / 1ba	890	$1,735	$1.95	--
9	2 Bedroom (511C460, 511C460b)	2bd / 1ba	886	$1,735	$1.96	--

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

Loud train activity

Freight line 609 ft away

Trains pass infrequently
Crossing 609 ft away. Horns expected during the day.
Operator: MNNR

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.