HOUSING GUIDE 2021 CARLSON MBA - HOUSING DATA NEIGHBORHOODS EXPLAINED APARTMENT RATINGS - VeryApt
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
REVIEWS AND ADVICE
FROM CURRENT STUDENTS
CARLSON MBA
HOUSING GUIDE
2021
HOUSING DATA TOP PROPERTIES
NEIGHBORHOODS EXPLAINED LANDLORD INFO
APARTMENT RATINGS RENTER RESOURCES
Intelligent Apartment Search
TABLE OF CONTENTS GETTING THE MOST OUT OF THE GUIDE
Start with the Housing Facts section. This section
should help you determine the type of apartment you'd
3 HOUSING FACTS like to live in and how much you should expect to pay
Our data on housing in rent.
Read about different neighborhoods and narrow down
your search to parts of the city that you like most.
5 ABOUT VERYAPT
Using the VeryApt site alongside this
Use the Apartment Ratings section to identify the
guide
best apartment buildings across the categories (e.g.
best amenities, highest rated) that matter most to you.
7 NEIGHBORHOODS OVERVIEW
Most popular neighborhoods for Carlson Visit VeryApt.com to read reviews, get pricing, and set
MBA students up appointments for the apartments you like most.
9 Cedar-Riverside
10 Prospect Park
12 Marcy-Holmes ABOUT THE DATA IN THIS GUIDE
14 Downtown All of the data in this guide are based on feedback from real
renters in Minneapolis. We asked students to rate their
apartments on a scale of 1-10 across six categories:
16 DATA TABLE
Compiled from Carlson MBA student
reviews
17 APARTMENT RATINGS
Top apartments, based on the feedback
of Carlson MBA students
Overall Value Management
17 Most Popular
18 Highest Rated
19 Best for Amenities
20 Best for Value
Amenities Location Safety
Based on their feedback, we compiled a list of the best apartment
buildings for Carlson MBA students. If you are interested in
additional data that is not in the guide or have a housing
question, you can reach us at contact@veryapt.com.
DISCLAIMER: The reviews and ratings presented throughout the guide and the
VeryApt website do not reflect the opinions, position, or endorsement of VeryApt.
The responses and reviews presented are solely those of the survey respondents.
VeryApt assumes no responsibility for readers' or users' interpretation of the data.
The results do not in any way constitute a warranty or representation by VeryApt
as to the quality, safety, or other features of a property. We encourage you to
check all available sources of information about properties prior to renting.
Where Carlson MBA students Who Carlson MBA students live
live with
30% Cedar-Riverside
30% Alone
25% Prospect Park
35% Spouse/partner
25% Marcy-Holmes
35% Roommate
15% Downtown
(excluding spouse/
5% Other partner)
19% of Carlson MBA students live with pets
What type of properties Carlson What size residences Carlson
MBA students live in MBA students live in
55% Large property (50+ 10% Studios or efficiences
units)
40% One bedrooms
20% Mid-size property
(20-49 units) 40% Two bedrooms
25% Small property (2-9 10% Three or more
units) bedrooms
Distribution of property ratings Average rent by apartment size
$1,050
STUDIO
$1,265
1BR
$1,680
2BR
15% 15% 35% 35% $1,870
3BR
0 - 6.9 7 - 7.9 8 - 8.9 9+
Rent versus own Commute methods
85%
Rent
15%
Own
40% 25% 25% 10%
Public Driving Walking Biking
Transit
3
Rent with Confidence
Time Savers Intelligent Search
All the information you need in a Personalized apartment
single place. Photos, prices, floor recommendations based on the
plans, maps, and amenities - amenities you want, your
VeryApt has you covered. proximity to school or work, and
your desired price range.
Concierge Service Trusted Reviews
On demand rental experts that Hundreds of verified apartment
can provide apartment reviews from current and past
recommendations, set up tenants that help you make an
apartment tours, and help you informed decision about where
with your rental application - all at you want to live.
no extra cost.
WHY WE STARTED VERYAPT
VeryApt was born from the simple realization that the small things about an apartment are
often the most important: a friendly doorman, lots of sunlight in the living room, a running trail
nearby, or that amazing hole-in-the-wall Thai restaurant across the street. We understand that
the frustrations of apartment hunting are universal, but share a belief that it doesn't have to be.
We know what makes an apartment truly feel like home is unique for each person and that's
why our focus is on bringing you personalized recommendations based on timely, relevant, and
real user reviews. We'll be there every step of the way to help you find your perfect apartment.
Julia Rizio
VP Operations
juliar@veryapt.com
5
NEIGHBORHOODS EXPLAINED
An overview of the most popular neighborhoods for Carlson MBA students
1 Cedar-Riverside 2 Prospect Park Other Neighborhoods
30% of Carlson MBA students 25% of Carlson MBA students less than 5% each
Cedar-Riverside is next to downtown and Prospect Park is a historic urban village
right across the river from campus. This that used to be served by streetcar. 5 St. Anthony Park
makes it an ideal location since your Walking and hiking trails are available at
commute to class/popular nightlife the park, so it's great if you enjoy the
options will be a breeze. Most renters outdoors. Renters here say it's great if 6 University Grove
say having a car here is not necessary you want easy access to the city via the
since the light rail is extremely light rail, but don't want to be directly
accessible. downtown. 7 Como Park
3 Marcy-Holmes 4 Downtown 8 Merriam Park
25% of Carlson MBA students 15% of Carlson MBA students
9 Uptown
Marcy-Holmes is a popular spot for The Downtown neighborhood of
students since it's right next to campus Minneapolis transitioned into the
and full of popular bars/restaurants. commercial center of the city. Apartment
That said, it tends to be louder here buildings, skyscrapers, and office
when compared to other neighborhoods buildings now dominate Downtown. It
so you won't get that quiet, secluded feel. has great eateries scattered all
throughout town.
7
Cedar-Riverside
Popular Neighborhood in a Great Location
ABOUT CEDAR-RIVERSIDE
Cedar-Riverside is next to downtown and right
across the river from campus. This makes it an
ideal location since your commute to class/
popular nightlife options will be a breeze. Most
renters say having a car here is not necessary
since the light rail is extremely accessible.
Across from Campus
Next to Downtown Lively
Young Ideal location
MEDIAN RENTS IN CEDAR-RIVERSIDE
$1,200 $1,400 $1,630
Studio 1 Bedroom 2 Bedroom
WHAT RESIDENTS THINK ABOUT CEDAR-RIVERSIDE
Review by Carlson Student STUDIOS AT 7 CORNERS Review by Carlson Student 7WEST
Love the neighborhood, so friendly and pretty! There’s a Cedar-Riverside is an amazing neighborhood. 7West is
great park nearby and Surly is also very close. Easy kind of right on the edge of it, but I've enjoyed living
transit, but not so easy parking. here. There are a lot of Somalis and Ethiopians living in
the neighborhood so there are a few great restaurants
that serve food from those places as well as a great
Chinese bakery. The bar scene is more laid back and
chill. So nice places to grab a few drinks with friends but
not so much for going dancing.
9
Prospect Park
Old Streetcar Neighborhood
ABOUT PROSPECT PARK
Prospect Park is a historic urban village that
used to be served by streetcar. Walking and
hiking trails are available at the park, so it's
great if you enjoy the outdoors. Renters here
say it's great if you want easy access to the city
via the light rail, but don't want to be directly
downtown.
Light Rail Restaurants and Bars
Historic Residential
Lovely Park
MEDIAN RENTS IN PROSPECT PARK
$1,155 $1,300 $1,725
Studio 1 Bedroom 2 Bedroom
WHAT RESIDENTS THINK ABOUT PROSPECT PARK
Review by Carlson Student 44 NORTH Review by Carlson Student WAHU
Mainly a bunch of apartment buildings with both Fantastic neighborhood! It is near the Stadium Village
undergrad and grad students. The Fresh Thyme grocery light rail station and many restaurants. It's only one
store is great if you're looking for more natural, organic station from the Fresh Thyme. Bank of America is just
options (doesn't have many name-brand options). The under the building.
light rail goes right through the neighborhood. You're
kind of right in the middle of Minneapolis and St. Paul,
so you can roughly get to either downtown location by
the light rail within 20-25 minutes.
10Marcy-Holmes
Home of the Minneapolis Stone Arch Bridge
ABOUT MARCY-HOLMES
Marcy-Holmes is a popular spot for students
since it's right next to campus and full of
popular bars/restaurants. It's also home to the
Stone Arch Bridge, which is a popular
attraction in town. All that said though, it tends
to be louder here when compared to other
neighborhoods so you won't get that quiet,
secluded feel.
Vibrant Close to Campus
College Town Bars
MEDIAN RENTS IN MARCY-HOLMES
$880 $1,107 $1,605
Studio 1 Bedroom 2 Bedroom
WHAT RESIDENTS THINK ABOUT MARCY-HOLMES
Review by Carlson Student MARCY PARK APA. Review by Carlson Student 700 CENTRAL
Marcy Holmes is a more residential area. It’s fairly quiet, Neighborhood feel with lots of great restaurants and
besides some traffic noise. It’s within walking distance easy access to downtown and rest of city. Great food
to dinky town, campus, the and stone arch bridge. and activities too! No complaints about the
neighborhood. I enjoy living in Northeast/Marcy
Holmes.
12Downtown
Humble Beginnings to the City’s Heart
ABOUT DOWNTOWN
Downtown is the place to live for anyone who
wants to be at the center of Minneapolis’s
action. A famous landmark in town that many
of the residents of Downtown like to visit is
Guthrie Theater. This theater holds live
performances on three different stages with
several dining and bar options inside.
Heart of the action Active
Skyscrapers Theater Bars
MEDIAN RENTS IN DOWNTOWN
$1,500 $1,800 $2,200
Studio 1 Bedroom 2 Bedroom
WHAT RESIDENTS THINK ABOUT DOWNTOWN
Review by Carlson Student 222 HENNEPIN Review by Carlson Student 222 HENNEPIN
It is a great neighborhood to live in if you enjoy nightlife The neighborhood is awesome. It has a lot of great bars
and the restaurant scene. It's a destination for a lot of and restaurants and is an older crowd than near the U of
group outings in the Twin Cities, and new restaurants M. Close to several grocery stores - has everything
and bars are opening very frequently. Target Field and you'd need!
Target Stadium are within walking distance, and the
Mississippi River is very close, which is awesome for
biking and running. There are many places to walk dogs
and grab coffee in the neighborhood as well.
14APARTMENT KEY
Excellent for a category
RATINGS
•••• $$$$ $1920+ per renter
••• Great $$$ $1620- $1919
•• Average $$ $1320- $1619
• Below average $ < $1320
* Prices subject to change and may
vary significantly by room type
s
ilie
e
lar
nt
yp
ts
Fam
ge
me
pu
Pe
yT
s
an
itie
Po
ge
for
for
er t
R
g
y
en
l
na
lue
cia
st
tin
fet
ce
p
st
st
Am
Mo
Ma
Pro
Pri
Va
Ra
Be
Be
So
Sa
222 Hennepin Apt 9.0 $$$$ •••• ••• •• ••• ••
22 on the River Apt 8.0 $$ •• ••• •• • ••
4800 Excelsior Apartment Homes Apt 9.6 $$$ •••• ••• ••• •••• ••••
4Marq Apt 9.4 $$ ••• ••• •• ••• ••
7 West Apt 8.5 $$ ••• •• ••• •• •••
808 Berry Place Apt 9.0 $$ ••• ••• •••• •• ••••
C&E Lofts Apt 8.3 $$ •• •• ••• •• ••••
Elan Uptown Apt 7.8 $$$ •• •• • •• •••
Elmwood Properties Apt 8.5 $$ •••• ••• •••• •••• ••••
Fair Oaks Apartment Homes Apt 9.3 $ •••• •• •••• ••• ••••
Five15 on the Park Apt 7.9 $ •• •• •••• •• ••
Green on 4th Apt 8.3 $$$$ ••• ••• ••• ••• •••
HERE MN Apt 8.6 $$ •••• ••• •••• •• •••
Junction Flats Apt 7.5 $$$ ••• •••• •• •••• •••
Latitude 45 Apt 9.7 $$$$ ••• •••• •••• •• ••••
Luna Apt 9.2 $$ •••• ••• ••• ••• ••
Mill & Main West Apt 8.0 $$$ •• •••• •• •• •••
Nordhaus Apt 7.8 $$$$ ••• •••• •• •• ••
Pioneer Endicott Apt 9.0 $ ••• •• ••• ••• •••
Seven Corners Apt 8.5 $ ••• •• •••• •• •••
The Link Apt 8.6 $$$ ••• •••• ••• ••• ••••
Third North Apartments Apt 9.0 $$$ •• ••• •• •••• •••
Variant Apt 8.0 $$$$ ••• •••• •• ••• ••••
WaHu Apt 9.0 $ •• ••• •••• •••• ••
** Some buildings with fewer than 3 reviews are included above because of high ratings but do not appear in the top 10 lists.
16MOST 1 st
22 ON THE RIVER
Prospect Park
$$ 7+
PEOPLE
POPULAR
Buildings with the most Carlson MBA students
READ MORE REVIEWS AT VERYAPT.COM
Review by Carlson MBA Student
“GOOD: -Apartment has a lot of nice features (granite
What students typically look for: countertops, stainless steel appliances, etc. -Building has many
good amenities (pre-Covid: free coffee every morning, gym, mail
service, security guard, theatre room, rooftop lounge, study
rooms, printer/scanner lots of original art) -Close to great
Excellent location running/biking trails BAD: -Fairly expensive -Modest amount of
food/restaurants in walkable distance -I've had maintenance
Reasonably-priced issues."
apartments
Solid amenities 2 nd
ELAN UPTOWN $$$ 5+
PEOPLE
Calhoun Isles
Review by Carlson MBA Student
“Excellent - super good choice for out-of-state because it's a
really nice complex. Awesome package locker, nice parking,
everything is great but location to school - being near the
Uptown Transit Station matters.”
Studio 1 BR 2 BR 3 BR 3 rd
222 HENNEPIN $$$$ 4+
$1,050 $1,265 $1,680 $1,870 Central
PEOPLE
TOP 5
1st 22 ON THE RIVER 7+ PEOPLE
Review by Carlson MBA Student
2nd ELAN UPTOWN 5+ PEOPLE “Really good experience at 222 Hennepin. The commute to the
West Bank of the University of Minnesota is really convenient,
with light rail, bike share, scooter share, and even walking as
3rd 222 HENNEPIN 4+ PEOPLE options. The staff at the building is fantastic, very friendly and
helpful. The location is awesome and very central to most
destinations in Minneapolis. The only drawback is that the rent is
4800 EXCELSIOR a bit on the pricey side, given all of the amenities and location.”
4th
APARTMENT HOMES 3+ PEOPLE
5th 7 WEST 2+ PEOPLE
17HIGHEST 1 st
LATITUDE 45
Downtown West
$$$$ 9.7
OVERALL
RATED
RATING
Buildings with the best overall ratings
READ MORE REVIEWS AT VERYAPT.COM
Review by Carlson MBA Student
What the highest-rated properties typically offer: “Great for pets, really secure and close to campus.”
2 nd
High-end amenities 4800 EXCELSIOR APARTMENT HOMES 9.6
Saint Louis Park
$$$ OVERALL
Close proximity to work/ RATING
school
Nearby stores/grocery
Excellent management
Review by Carlson MBA Student
“I have really enjoyed 4800 Excelsior-- it is clean, new and well
taken care of. The management is great and the amenities are
super nice. Also, being above a Fresh Thyme and next to a
Starbucks is the best ever.”
3 rd
4MARQ $$ 9.4
OVERALL
Downtown West, 400 S Marquette Ave RATING
Studio 1 BR 2 BR 3 BR
$1,250 $1,465 $1,880 $2,070
TOP 5 Review by Carlson MBA Student
"I really like living here! My apartment is super modern and gets
a lot of good light. It is also not too expensive which is an
important thing to consider as a student."
1st LATITUDE 45 9.7 OVERALL
RATING
4800 EXCELSIOR
2nd
APARTMENT HOMES 9.6 OVERALL
RATING
3rd 4MARQ 9.4 OVERALL
RATING
FAIR OAKS
4th
APARTMENT HOMES 9.3 OVERALL
RATING
5th LUNA 9.2 OVERALL
RATING
18BEST FOR 1 st
VARIANT
North Loop, 315 7th Ave N
$$$$ 9.9
AMENITY
AMENITIES
RATING
Highest-rated properties for amenities
READ MORE REVIEWS AT VERYAPT.COM
Review by Carlson MBA Student
What top amenity properties typically offer: “It has been great. High Quality. Great amenities. Small
apartments, though.”
Great common spaces 2 nd
MILL & MAIN WEST $$$ 9.7
Convenient location Marcy-Holmes, 501 SE Main St
AMENITY
RATING
Excellent management
Newer construction
Review by Carlson MBA Student
"The amenities are super nice. I really appreciate the gym so that
I do not have to leave the apartment complex in the early cold
morning before class to work out."
3 rd
NORDHAUS $$$$ 9.6
AMENITY
Northeast RATING
Studio 1 BR 2 BR 3 BR
$1,450 $1,665 $2,080 $2,270
TOP 5 Review by Carlson MBA Student
“Overall Nordhaus is very nice. It has nice amenities, is quite
new, and is fairly high quality. Staff has been easy to work with
and friendly. The neighborhood is booming, which is both good
1st VARIANT 9.9 AMENITY
RATING and bad. Lots of new apartment buildings are popping up nearby,
so there are plenty of restaurants in the vicinity. However,
parking will become a growing challenge if you're not willing to
2nd MILL & MAIN WEST 9.7 AMENITY
RATING
pay for high rates within an apartment complex.”
3rd NORDHAUS 9.6 AMENITY
RATING
4th LATITUDE 45 9.2 AMENITY
RATING
5th JUNCTION FLATS 9.0 AMENITY
RATING
19BEST FOR 1 st
808 BERRY PLACE
Saint Anthony Park
$$ 9.8
VALUE
VALUE
RATING
Highest-rated properties for value
READ MORE REVIEWS AT VERYAPT.COM
Review by Carlson MBA Student
What top value properties typically offer: “808 Berry is convenient and cheap”
2 nd
Great price-to-space trade SEVEN CORNERS 9.7
off Cedar-Riverside
$ VALUE
RATING
Good location
Solid amenities and basic
features
Review by Carlson MBA Student
“Seven Corners is a great place to live your first year. It is right
next to the business school. It is more affordable than other
neighboring places. Most utilities are included, and there are
some amenities as well. I would say it is a pretty secure building.
Management is generally very helpful and friendly but can be
disorganized.”
3 rd
FIVE15 ON THE PARK $ 9.4
VALUE
Cedar-Riverside RATING
Studio 1 BR 2 BR 3 BR
$850 $1,065 $1,480 $1,670
TOP 5
Review by Carlson MBA Student
“It has everything a student needs, and the family-friendly living
1st
808 BERRY PLACE 9.8 VALUE
RATING makes it easy to stay honest with yourself while working at
home. It doesn't feel like an undergraduate dorm where parties
are happening all the time, its a place where you can live, work,
2nd SEVEN CORNERS 9.7 VALUE
RATING
and generally feel like a graduate student on the cusp of
becoming a professional.”
3rd FIVE15 ON THE PARK 9.4 VALUE
RATING
FAIR OAKS
4th
APARTMENT HOMES 9.1 VALUE
RATING
5th WAHU 9.0 VALUE
RATING
20Townhomes
Smaller properties and how to find them
ABOUT TOWNHOMES
Townhomes are apartments in older
buildings, typically a few stories tall. They Finding a townhome
usually do not have a doorman, an elevator, Townhomes can be challenging to find because they tend to be
or many amenities, but can be cheaper and individually owned and do not have full time leasing managers.
more spacious than the apartment and
Townhome listings are typically available ~60 days in advance. You
condo units in high-rises.
can find a townhome by searching online listings, contacting a
WHY YOU SHOULD CONSIDER A TOWNHOME landlord directly, or by working with VeryApt's Concierge Team
who can help identify some options.
CHEAPER LARGER FLOOR PLANS
3+ BEDROOMS AVAILABLE MORE PRIVACY Preparing for a townhome search
Most Carlson MBA students opt for larger properties in order to
WHY YOU MAY WANT TO AVOID A TOWNHOME live closer to other students and simplify the housing search. That
said, there are plenty of wonderful townhomes - be prepared to
NO DOORMAN LESS CONVENIENT LOCATIONS visit more properties to find that perfect home, carefully examine
OLDER CONSTRUCTION LIMITED AMENITIES
the pros/cons, and move quickly if you find a unit you love.
MORE MAINTENANCE ISSUES
TIPS AND ADVICE
Reliable Landlords Noise and Neighbors Lease Terms
Check online reviews and talk to Sounds often travel well through Leases with independent landlords
previous tenants to find out about townhomes and you can easily be are negotiable. Check your lease for
your landlord. Look for one that disturbed by barking dogs, music, or restrictions on sub-letters and visitor
responds quickly to maintenance construction. Check out the policies. You may be able to avoid a
requests and has a history of surrounding area to get a sense for rent increase by locking in a longer
returning deposits. what it may be like. lease.FOR DETAILED REVIEWS AND PERSONALIZED RECOMMENDATIONS VISIT
WWW.VERYAPT.COMYou can also read
