1405 E 40th St #6F, Minneapolis, MN 55407
Property image
Property image
FOR RENT
PET FRIENDLY

$1,500/mo

Original price: $1,450
  • 2 Beds
  • 1 Bath
  • 790 sqft

1405 E 40th St #6F, Minneapolis, MN 55407

Bancroft
Available now
Cost and fees breakdown
Price may not include required fees and charges.

Home Highlights

Apartment
Cats allowed
Dishwasher
Laundry
Baseboard & Wall Units
$1,500 deposit

Local Information

  • Map ViewExplore the area around 1405 E 40th St #6F.
  • Schools2 Preschool Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Welcome to this spacious garden-level unit in the northwest corner of Bush Terrace Condominiums, featuring a beautiful interior garden and outdoor pool.

The unit offers two (2) large bedrooms the primary bedroom has two closets! The unit offers two large bedrooms, including a primary bedroom with two closets. The open kitchen features Dekton countertops, a dishwasher, microwave, and garbage disposal, plus an island that provides a natural separation from the spacious dining room. Additional storage includes an entryway closet and a closet in the dining room. New flooring, doors, and paint.

Included are three (3) parking spaces, storage locker, shared coin-op laundry, and access to pool. Tenant only pays electricity & internet/TV (heat included in rent). Wall A/C. Cats allowed, no dogs.

A great combination of generous living space, convenient amenities, and ample parking in a well-maintained condominium community.

Tenant only pays electricity, internet, & TV. Heating, three (3) parking spaces (uncovered, surface lot), and storage locker are included in HOA dues paid by owner.

Coin-op shared laundry in building and pool! Cats allowed, no dogs. No smoking allowed.

Dishwasher, microwave, garbage disposal, electric range, and refrigerator included.

Security Deposit is one month's rent and due at lease signing. 12-month lease preferred.

Details for 1405 E 40th St #6F

Interior Features

Heating & Cooling
Heating: BaseboardAir ConditioningHeating Fuel: Baseboard
Appliances & Utilities
DishwasherRefrigerator
Levels, Entrance, & Accessibility
Floors: Tile

Days on Market

Days on Market: 31 days on Trulia

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: nowCats allowedDeposit: $1,500

Exterior Features

Exterior Home Features
Garden
Pool
Pool
Parking & Garage
Parking: Off Street Parking, On Site

Additional Information

Pool
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Costs and Fees

Required monthly rent & fees
  • Base rent
    $1,500/mo
Required one-time fees
  • Security deposit
    $1,500
  • Application fee
    $45
  • Administrative fee
    Contact for details
Pricing is subject to change. All calculations are estimates and provided for informational purposes only. Actual amounts may include additional mandatory or optional fees. Please consult the community manager for a complete breakdown of all rental costs.
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Rental Market Trends in Bancroft

Last updated Sep 2026
Trulia Rent Estimate$1,445/mo
Average rent
$1.48K
$367MoM
Available listings
8
View rental market trends in Minneapolis, MN

Around this home

Neighborhood Overview

Bancroft
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Bancroft

At least 32 Trulia users voted on each feature.

  • 94 % Say there are sidewalks

  • 90 % Say it's dog friendly

  • 90 % Say parking is easy

  • 86 % Say yards are well-kept

  • 77 % Say it's walkable to restaurants

  • 77 % Say car is needed

  • 77 % Say kids play outside

  • 76 % Say streets are well-lit

  • 75 % Say there's holiday spirit

  • 69 % Say neighbors are friendly

  • 67 % Say people would walk alone at night

  • 58 % Say there are community events

  • 57 % Say they plan to stay for at least 5 years

  • 55 % Say it's walkable to grocery stores

  • 46 % Say there's wildlife

  • 40 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.
  • Idgafbta1
    "Not much dog parks But their are streets and often during summer people do other things and dont walk their dogs"
    0
    Flag
  • Eric B.
    "There is Bancroft elementary with a great playground, powder horn park has tons of space to run around, midtown global market has cultural immersion sessions it’s amazing"
    0
    Flag
  • Eric B.
    "There are multiple parks to choose from all walking distance to each other. It must be decent because I see many people daily walking dogs."
    0
    Flag
  • Eric B.
    "I ride bike to down town, it’s an easy straight shot up park or I can take other routes too. Driving is easy too, a couple street lights to get through and no highways to deal with."
    0
    Flag
  • Eric B.
    "Lots of friendly young families and older folks too. Everybody looking out for each other. Many ethnic restaurants close by."
    0
    Flag
  • Alanna G.
    "I don’t have a commute- but getting around this area is super easy. Minneapolis in general has minimal traffic for a city."
    0
    Flag
  • EAmom25
    "Bancroft is the perfect south Minneapolis family neighborhood. A good mix of families and younger couples. Easy commute to the U or downtown. "
    1
    Flag
  • Ashley H.
    "Bancroft is a diverse neighborhood and everyone is very friendly. I know many people on my block and our location is convenient to coffee shops, the coop, and good local restaurants. "
    4
    Flag
  • Jcs2swan
    "Stores and restaurants are within walking distance. We can walk the streets and there are parks close by. "
    1
    Flag
  • Mazimmerman27
    "Close to Powderhorn Park, which is fun all year and has the Mayday Parade and Festival and a fun art Sale every year as well as many other activities. Bancroft Elementary is a good school and there is a Spanish immersion high school as well. Many bus routes and easy access to both 35W and I 94."
    2
    Flag
  • lolson
    "I love this neighborhood. Fast commute to downtown and close to park and lakes. Lovely place to walk and workout. Excellent spot for families."
    1
    Flag

Local Legal Protections

LGBTQ • Source of Income

Price and Tax history

DateEventPrice
Aug 31, 2026
Source: Zillow Rentals
PriceChange
$1,500
Price increased by 3%
Aug 28, 2026
Source: Zillow Rentals
PriceChange
$1,450
Price decreased by 3%
Aug 9, 2026
Source: Zillow Rentals
Listed For Rent
$1,500
May 6, 2021
Source: NorthstarMLS as distributed by MLS GRID #5691745
Sold
$120,000
Jun 25, 2018
Source: NorthstarMLS as distributed by MLS GRID #4950094
Sold
$107,000
REROOT Group | KW
Blake Hanson

Frequently asked questions about 1405 E 40th St #6F

  • What income do you need to rent 1405 E 40th St #6F?
    Most landlords look for monthly gross income of about 3× rent, or roughly $55K per year to rent 1405 E 40th St #6F in Minneapolis, MN at $1,500/mo.
  • What is the pet policy at 1405 E 40th St #6F?
    1405 E 40th St #6F in Minneapolis, MN allows cats.
  • What's the average rent in Bancroft?
    The average rent in Bancroft is $1,600 per month.
  • How does the rent for 1405 E 40th St #6F compare to similar 2-bedroom apartments in Bancroft?
    1405 E 40th St #6F in Minneapolis, MN rents about 8% below the area average for 2-bedroom apartments in Bancroft ($1,629/mo).
  • Does 1405 E 40th St #6F have a pool?
    Yes, 1405 E 40th St #6F in Minneapolis, MN has a pool.
  • Does 1405 E 40th St #6F have parking?
    Yes, 1405 E 40th St #6F in Minneapolis, MN has on-site parking.

Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
$54,000 PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

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1405 E 40th St #6F, Minneapolis, MN is a 2 bedroom, 1 bathroom, 790 sqft apartment. 1405 E 40th St #6F is located in Bancroft, Minneapolis. 1405 E 40th St #6F was listed for rent for $1,500/month on Aug 9, 2026. This property is pet friendly.