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The Island Residences at Carlson Center Apartments apartments in Plymouth, MN

Updated

The Island Residences at Carlson Center Apartments

501 Carlson Pkwy, Minnetonka, MN 55305, USA

4.5 (63 reviews) Official Website

Live pricing, refreshed

22
Units Listed
$1,670
Starting at
$2,399
Average
$3,595
Highest
$2.41
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Minnetonka 55305 rent trends

Beds

Pricing by Bedroom

Studio
$1,690
from $1,687 · 2 units
~612 sqft avg
1 Bed
$1,873
from $1,670 · 9 units
~780 sqft avg
2 Bed
$2,721
from $2,580 · 8 units
~1,161 sqft avg
3 Bed
$3,589
from $3,575 · 3 units
~1,457 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (4)

Last 15 days

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

$39K

$467K annual run rate

Modeled estimate

Est. Occupancy

42%

of about 38 units (modeled from leasing activity)

Effective Rent on New Leases

$2,431

vs $2,399 current asking

Recent Lease Activity

38 units tracked; 16 assumed leased, 22 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

22

Good availability

8 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.

Price vs. Plymouth, MN

Similar
Avana Minnetonka
$1,300
Avidor Minnetonka
$1,605
The Mera
$1,630
The Island Residences at Carlson Center Apartments
$1,670

Comparing this building against 3 similar Plymouth, MN apartments by price. Click any bar to view that building.

See rent trends on the Plymouth, MN map Explore Plymouth, MN on the interactive map

Available Units

22 units
1 Bed / 1 Bath Emerald
$1,670/mo
752 ft² · $2.22/ft² · #330
Down $143 since Sep 4 (was $1,813)
Studio / 1 Bath Cooks
$1,687/mo
612 ft² · $2.76/ft² · #103
Down $150 since Sep 4 (was $1,837)
1 Bed / 1 Bath Emerald
$1,689/mo
752 ft² · $2.25/ft² · #424
Down $144 since Sep 4 (was $1,833)
Studio / 1 Bath Cooks
$1,692/mo
612 ft² · $2.77/ft² · #403
Down $150 since Sep 4 (was $1,842)
1 Bed / 1 Bath Emerald
$1,727/mo
752 ft² · $2.30/ft² · #409
Down $28 since Sep 10 (was $1,755)
1 Bed / 1 Bath Emerald
$1,742/mo
752 ft² · $2.32/ft² · #334
1 Bed / 1 Bath Emerald
$1,762/mo
752 ft² · $2.34/ft² · #212
Down $150 since Sep 4 (was $1,912)
1 Bed / 1 Bath Emerald
$1,762/mo
752 ft² · $2.34/ft² · #213
Down $150 since Sep 4 (was $1,912)
1 Bed / 1 Bath Emerald
$1,762/mo
752 ft² · $2.34/ft² · #422
Down $150 since Sep 4 (was $1,912)
1 Bed / 1 Bath Gideon
$2,328/mo
877 ft² · $2.65/ft² · #404
Down $96 since Sep 4 (was $2,424)

Fees, Parking & True Monthly Cost

Monthly Fees

$5/mo

Added to base rent automatically

True Monthly Cost

$1,676

Starting price + fees

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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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 Plymouth, MN notes

No resident notes for this property yet.

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