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729 E 16th St #4

Minneapolis, MN 55404 - Hennepin County

Apartment

1 beds

1 baths

480 sqft

About 729 E 16th St #4

Step into a cozy and well-kept 1-bedroom, 1-bathroom apartment where comfort meets convenience. This unit is perfect for city living, with practical spaces that make everyday routines easy. Just a short walk to Elliot Park, local shops, restaurants and transit options that connect you quickly to downtown Minneapolis. Water/sewer/gas included in the rent. Section 8 Approved. No Smoking. Ask about our Rent Concessions. Professionally Managed by Algo Realty Inc. Beyond Backgrounds Financial Assurance May Be Required. Hardwood.

RentalSource last checked: June 11, 2026 · 7:35 AM ET

Last updated: April 1, 2026 at 2:30 PM ET

Managed by: Algo Realty · (612) 662-8831 · TenantTurner

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$1,155
Bedrooms:	1 beds
Bathrooms:	1 baths

Size:	480 sqft
Pet Friendly:	Inquire
Listing Status:	Active
ID:	83266626

Leasing Information

Fees: Application fee $50 (mandatory, nonrefundable, pre-move-in). Lease processing fee $150 (mandatory, nonrefundable, pre-move-in). Lease term: 12 months.

Additional Details

Apartment for rent in Minneapolis for $1,155 with 1 bed, 1 bath, 480 sqft and located at 729 E 16th St #4 in Minneapolis, MN 55404. The rental price of $1,155 is 13.4% ($179) lower than the average rent of $1,334 for a 1 bedroom apartment in Minneapolis, MN and 14.6% ($197) lower than the average rent of $1,352 for a 1 bedroom apartment in Hennepin County. 729 E 16th St #4 was advertised by Algo Realty on March 18, 2026 at 9:18 AM ET, last updated on April 1, 2026 at 2:30 PM ET and last checked today at 7:35 AM ET.

Affordability Calculator

Can I afford to live at 729 E 16th St #4?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$46,200 /year

With your chosen rent-to-income ratio, an annual income of $46,200 is recommended to comfortably afford this 1-bedroom rental priced at $1,155 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$1,155

Rent Affordability Calculator

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Property managed by:

Algo Realty
(612) 662-8831

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.