Comptroveby RentSpire

Apartments for Rent in

1125 Lagoon Avenue Minneapolis, MN 55408, Minneapolis, MN, 55408

Market rate 84 units (unit count basis: listing-reported) FEMA/NRI hazard read: Relatively Low

Asking & effective rent by bedroom

Average asking rent across observed units: $1,000. Average effective rent: $1,000.

TypeAsking rentEffective rentAvg sqftObservations
2 bedroom$1,000$1,0009001

HUD Fair Market Rent gap

HUD area: Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area.

FMR comparison not observed for this property.

Amenities

No amenities observed for this property.

Operator

Managed by Village Green.

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

PropertyLocationDistanceAvg askingSimilarity
The Beach Club Residences Minneapolis, MN 1 mi $2,223 47%
Heritage Park Minneapolis, MN 2.56 mi not observed 47%
Minneapolis Minneapolis, MN 0.74 mi $5,065 43%
North Loop Minneapolis Minneapolis, MN 2.57 mi $2,404 34%
North Loop Minneapolis, MN 2.72 mi $2,143 32%
St. Louis Park St Louis Park, MN 1.86 mi $2,293 31%
Caraway West End is a pet St Louis Park, MN 2.99 mi $2,482 29%
Apartments in St. Louis Park, MN 2.29 mi $1,658 27%

Sources & provenance

Sourced from https://villagegreen.com/mn/minneapolis/the-asher/ — 1 observation(s), last observed May 6, 2026.

Data age: 103 days. Last observed: May 6, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

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