* Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.
* Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.
* Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.
Income restrictions apply to some or all residents. Contact the community for more information.
How To Qualify
Based on the size of your household, your Maximum Annual Income must be equal to or less than the amount listed in this chart.
1 Person Household
% AMI
Income Limit
30%
$27,810
50%
$46,350
60%
$55,620
2 Person Household
% AMI
Income Limit
30%
$31,800
50%
$53,000
60%
$63,600
3 Person Household
% AMI
Income Limit
30%
$35,760
50%
$59,600
60%
$71,520
4 Person Household
% AMI
Income Limit
30%
$39,720
50%
$66,200
60%
$79,440
5 Person Household
% AMI
Income Limit
30%
$42,900
50%
$71,500
60%
$85,800
6 Person Household
% AMI
Income Limit
30%
$46,080
50%
$76,800
60%
$92,160
Details
Lease Term Options
12 mo
Property Information
Built in 2023
143 units / 6 stories
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
Utilities & Essentials
One-Time Basics
Due at Application
Application Fee Per Applicant
$50 one-time
Due at Move-In
Due at Move-Out
Dogs
Dog Deposit
$500 one-time
Restrictions
None
Comments
| Restrictions: None
Cats
Cat Deposit
$500 one-time
Restrictions
None
Comments
| Restrictions: None
Matterport 3D Tours
Property Highlights
The Flats are Prospect Park's newest income qualified apartments. Explore modern, pet-friendly, living spaces and functional amenity spaces designed to enhance your everyday. Amenities include a Sky Lounge, Fitness Center, Underground Heated Parking, Work-from-Home Stations, Common Area WIFI, and more.
CoWorking Space
Large Closets
Pet Friendly (no breed or size restrictions)
Spanish Speaking Staff
EV Charging Stations
Free Amenity WiFi
U of M Transitway
Accessible Apartments
Amazing Location
BBQ/Picnic Area
Electronic Thermostat
Storage Lockers and Bike Storage
Stainless Appliances
View
Air Conditioner
Patio/Balcony
Pet Spa
Wheelchair Access
Carpeting
Efficient Appliances
Extra Storage
Vinyl Plank Flooring
Apartment Features
Air Conditioning
Balcony
Ceiling Fans
Den
Dishwasher
Disposal
Eat-in Kitchen
Granite Countertops
Hardwood Floors
Heating
High Speed Internet Access
Island Kitchen
Large Bedrooms
Patio
Smoke Free
Sprinkler System
Storage Units
Tile Floors
Walk-In Closets
Washer/Dryer
Wheelchair Accessible (Rooms)
Wi-Fi
Community Features
24 Hour Access
Bicycle Storage
Business Center
Car Charging Station
Clubhouse
Controlled Access
Elevator
Fitness Center
Garages
Grill
Income Restricted
Key Fob Entry
Laundry Facilities
Lounge
Maintenance on site
Multi Use Room
Package Service
Pet Play Area
Pet Washing Station
Picnic Area
Property Manager on Site
Public Transportation
Roof Terrace
Spa
Storage Space
Sundeck
Utilities Included
Walk To Campus
Walking/Biking Trails
Area Scores
Walk Score ®
Very Walkable73 / 100
Transit Score ®
Good Transit60 / 100
Bike Score ®
Biker's Paradise99 / 100
Soundscore ™
Active76 / 100
Transit
Subway
Westgate Station
1 min Drive
Subway
Prospect Park Station
2 min Drive
Subway
Stadium Village Station
3 min Drive
Subway
Raymond Ave Station
2 min Drive
Commuter Rail
Target Field Station
13 min Drive
Commuter Rail
St. Paul-Minneapolis
12 min Drive
Airport
Minneapolis-St Paul International/Wold-Chamberlain
20 min Drive
Moving to Prospect Park, Minneapolis, MN
Shopping Centers
Shoppers will appreciate Flats at Malcolm Yards proximity to Stadium Village, Park Crossing, and Dinkytown Center. Stadium Village is 1 mile away, and Park Crossing is within an 18 minute walk.
Commuting
With a TransitScore of 60, Flats at Malcolm Yards has good transit, including 10 transit stops within 24.3 miles. Transit options include Prospect Park Station and Westgate Station.
Parks and Recreation
Recreational activities near Flats at Malcolm Yards are plentiful. Discover 5 parks within 2 miles, including Tower Hill Park, Luxton Park, and Bell Museum of Natural History.
Airports
Living in Prospect Park provides easy access to Minneapolis-St Paul International/Wold-Chamberlain, located just 21 minutes from Flats at Malcolm Yards.
Property Details
The Flats are Prospect Park's newest income qualified apartments. Explore modern, pet-friendly, living spaces and functional amenity spaces designed to enhance your everyday. Amenities include a Sky Lounge, Fitness Center, Underground Heated Parking,... Work-from-Home Stations, Common Area WIFI, and more.
The Flats are Prospect Park's newest income qualified apartments. Explore modern, pet-friendly, living spaces and functional amenity spaces designed to enhance your everyday. Amenities include a Sky Lounge, Fitness Center, Underground Heated Parking, Work-from-Home Stations, Common Area WIFI, and more.
Flats at Malcolm Yards is located in Minneapolis, MN in the 55414 zip code.
Contact
Property Address: 505 SE Malcolm Ave, Minneapolis, MN 55414
I recently moved to Malcom flats in Minneapolis, and I must say it has been a fantastic experience. This apartment complex truly offers a cozy and convenient living environment that exceeded my expectations.
First and foremost, the location is ideal. Situated in the heart of Minneapolis, the apartment is within close proximity to a variety of amenities, including restaurants, shops, and entertainment venues. Additionally, its convenient access to major transportation routes made commuting a... breeze.
Upon entering the apartment, I was greeted with a well-designed and comfortable living space. The floor plan was thoughtfully laid out, maximizing the available space without compromising on functionality. The interiors were modern and stylish, creating a pleasant atmosphere to come home to.
The management and staff at 505 Malcolm St. SE were exceptional. They were always prompt and attentive in addressing any concerns or maintenance requests I had. The on-site maintenance team was efficient and friendly, ensuring that any issues were resolved quickly.
One standout feature of this complex is the range of amenities provided. The fitness center was well-equipped and convenient, allowing residents to stay active without having to leave the premises. The communal areas, such as the lounge and outdoor spaces, were beautifully maintained and provided a welcoming environment to socialize
In conclusion, my experience at 505 Malcolm St. SE was truly delightful. From its excellent location to the well-designed apartments and exceptional management, this complex offers a comfortable and convenient living experience. I highly recommend considering 505 Malcolm St. SE for anyone seeking a cozy and hassle-free lifestyle in Minneapolis.
Review from Apartments.com
1 Person Found This Helpful
Was this helpful?
6/28/23
Small apartments you can’t afford
The qualifications force you into an apartment that costs too much for your low income. It is ridiculous, the process is slow and communication is poor.
Review from Apartments.com
8 People Found This Helpful
Was this helpful?
4/20/23
Not as Advertised
They don't allow full-time students, and they certainly aren't low income if that's what you're looking for. They require at least 41,000 a year for you to even qualify.
