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The Paxon apartments in Minneapolis, MN

Updated

The Paxon

3.8 (64 reviews) Official Website

Live pricing, refreshed

13
Units Listed
$1,429
Starting at
$2,077
Average
$2,643
Highest
$2.39
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Central Minneapolis rent trends

Beds

Pricing by Bedroom

Studio
$1,492
from $1,429 · 3 units
~577 sqft avg
1 Bed
$1,977
from $1,721 · 5 units
~807 sqft avg
2 Bed
$2,529
from $2,483 · 5 units
~1,107 sqft avg

Rent Distribution

The final bar groups units at that price or more when the range is wide.

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Lines hold the last known price between updates. Diamond markers show changes in quote terms.

Timeframe

Property Price Trend

Units with Price Changes (7)

Last 15 days

Estimated Building Revenue

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

$263K

$3.2M annual run rate

Est. Occupancy

91%

of about 140 units (reported building size)

Effective Rent on New Leases

$1,756

vs $2,077 current asking ($321 negotiation gap)

Recent Lease Activity

14 units tracked; 1 assumed leased, 13 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

13

Moderate availability

10 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

The available listings show few signs of room to negotiate.

Available Units

13 units

Select a unit to see its price history and link to the rental site.

Studio / 1 Bath Unit 149
$1,429/mo
589 ft² · $2.43/ft²

Base rent · 17 months

Available: Now

Studio / 1 Bath Unit 232
$1,499/mo
553 ft² · $2.71/ft²

Base rent · 17 months

Available: Nov 29, 2026

Studio / 1 Bath Unit 238
$1,549/mo
589 ft² · $2.63/ft²

Base rent · 17 months

Available: Dec 1, 2026

1 Bed / 1 Bath Unit 241
$1,721/mo
678 ft² · $2.54/ft²

Base rent · 17 months

Available: Now

Down $105 since Nov 8 (was $1,826)
1 Bed / 1 Bath Unit 355
$1,820/mo
799 ft² · $2.28/ft²

Base rent · 17 months

Available: Now

Down $104 since Nov 8 (was $1,924)

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

Severe nighttime trains

Freight line 478 ft away · 10 trains/day

  • 5 daytime, 5 overnight
  • Crossing 478 ft away. Horns expected day and night.
  • Operator: BNSF

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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