- 1 Bed
- 1 Bath
- 1,050 sqft
729 E 16th St #5, Minneapolis, MN 55404
Home Highlights
Apartment
1,050 sqft
Local Information
-- mins to
About this House
Welcome home to 729 East 16th Street Unit 5, Minneapolis, MN 55404
This 1-bedroom, 1-bathroom apartment offers approximately 1050 sq ft of inviting space within a classic low-rise building. The unit provides a comfortable setting that's easy to personalize and settle into from the start.
Set in the Elliot Park neighborhood, you're just minutes from downtown Minneapolis, with nearby access to Elliot Park, Peavey Park, and everyday dining and shopping along Franklin Avenue and Chicago Avenue. Public transit and major roadways are conveniently close, making commuting simple.
Water/Sewer/Gas included in the rent!
If you apply by 4/15 and you're approved and move into the property, a one-time credit of $250 will be applied to your ledger.
Section 8 Approved! No Smoking!
Ask about our Rent Concessions!
-Professionally Managed by Algo Realty Inc.
*Beyond Backgrounds Financial Assurance May Be Required*
This 1-bedroom, 1-bathroom apartment offers approximately 1050 sq ft of inviting space within a classic low-rise building. The unit provides a comfortable setting that's easy to personalize and settle into from the start.
Set in the Elliot Park neighborhood, you're just minutes from downtown Minneapolis, with nearby access to Elliot Park, Peavey Park, and everyday dining and shopping along Franklin Avenue and Chicago Avenue. Public transit and major roadways are conveniently close, making commuting simple.
Water/Sewer/Gas included in the rent!
If you apply by 4/15 and you're approved and move into the property, a one-time credit of $250 will be applied to your ledger.
Section 8 Approved! No Smoking!
Ask about our Rent Concessions!
-Professionally Managed by Algo Realty Inc.
*Beyond Backgrounds Financial Assurance May Be Required*
729 E 16th St #5, Minneapolis, MN 55404 is a 1 bedroom, 1 bathroom, 1,050 sqft apartment in Elliot Park. More recently, it was listed as a rental in March 2026 with an asking price of $1,240 per month. That rental listing was removed on July 3, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,235/month.
Home Details for 729 E 16th St #5
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Property Type / Style Property Type: Apartment |
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Lease Term: Contact For Details |
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Levels, Entrance, & Accessibility Floors: Hardwood |
Comparable Sales for 729 E 16th St #5
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.55 | Apartment | $259,000 | 01/09/26 | 1 | 1 | 875 sqft | |
0.49 | Apartment | $120,000 | 10/17/25 | 1 | 1 | 657 sqft | |
0.45 | Apartment | $257,500 | 02/04/26 | 2 | 1 | 1,352 sqft | |
0.31 | Apartment | $385,000 | 07/08/26 | 2 | 2 | 1,471 sqft | |
0.65 | Apartment | $180,000 | 02/24/26 | 2 | 1 | 1,300 sqft | |
0.49 | Apartment | $173,751 | 02/19/26 | 2 | 2 | 940 sqft | |
0.96 | Apartment | $191,900 | 01/15/26 | 1 | 1 | 999 sqft | |
0.94 | Apartment | $148,250 | 09/30/25 | 1 | 1 | 771 sqft | |
0.68 | Apartment | $747,500 | 05/22/26 | 2 | 1 | 550 sqft | |
0.87 | Apartment | $145,000 | 07/22/26 | 2 | 1 | 806 sqft |
Home facts updated by county records
Nearby homes
Get a sense of prices in the area by checking nearby homes.Rental Market Trends in Elliot Park
Last updated Sep 2026
Trulia Rent Estimate$1,235/mo
Average rent
$1.32K
$180MoM
Available listings
27
Around this home
What Locals Say about Elliot Park
At least 13 Trulia users voted on each feature.
91 % Say there are sidewalks
82 % Say it's dog friendly
68 % Say parking is easy
63 % Say it's walkable to restaurants
62 % Say streets are well-lit
57 % Say kids play outside
52 % Say there's holiday spirit
50 % Say it's walkable to grocery stores
42 % Say yards are well-kept
38 % Say there's wildlife
37 % Say neighbors are friendly
35 % Say people would walk alone at night
31 % Say car is needed
31 % Say it's quiet
18 % Say they plan to stay for at least 5 years
17 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 3, 2026 Source: Zillow Rentals | ListingRemoved | $1,195 |
Mar 30, 2026 Source: Zillow Rentals | PriceChange | $1,195 Price decreased by 4% |
Mar 24, 2026 Source: Zillow Rentals | Listed For Rent | $1,240 |
Frequently asked questions about 729 E 16th St #5
- Is Minneapolis a buyer's or seller's market?Minneapolis is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Minneapolis?The median sale price in Minneapolis is $345K. That is up $33 from the prior month.
- What do residents say about the Elliot Park neighborhood?Residents describe the Elliot Park neighborhood in Minneapolis, MN as pedestrian-friendly, dog-friendly, and easy to park in. See recently sold homes in Elliot Park, Minneapolis.
- What are the closest schools to 729 E 16th St #5?The closest schools to 729 E 16th St #5 in Minneapolis, MN are Edison Senior High School (rated 4/10), Northeast Middle School (rated 2/10), Webster Elementary (Pre-K, rated 2/10).
Homes for rent near 729 E 16th St #5
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
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.

