Publish date:

Another micro apartment building set to open in Minneapolis, with rent starting at $1,450

The rent includes utilities, and the apartments are mostly furnished.
Screen Shot 2019-12-20 at 11.06.49 AM

The growing trend for "micro" studio apartments continues in Minneapolis, with a new building set to open in the Powderhorn neighborhood in February.

Called SoPHI ("South of Phillips") at Chicago Avenue and Lake Street, the $10 million project is the work of John Wolf, who owns the adjacent Chicago-Lake Liquors.

Wolf describing it as an "all-inclusive" apartment experience, with the units coming pre-furnished with a foldaway bed frame and mattress, loveseat, bookshelves and storage, all of which has been "handmade in Italy."

Screen Shot 2019-12-20 at 10.17.12 AM

The building itself meanwhile will be home to the returning Taqueria Los Ocampa restaurant and bar, which had to move out while the building was developed, and will double its space to 4,000 square feet.

It also provides on-site parking, a 24/7 fitness center, and bike storage.

The partially-furnished units will have between 461-547 square feet of space, with rent starting at $1,450 per month – albeit with all utilities included.

Screen Shot 2019-12-20 at 11.07.00 AM

This is more than the average rent of $1,059 in Minneapolis for a studio apartment as detailed by the Star Tribune earlier this year, while the average size for a studio apartment in Minneapolis, according to Rentcafe, is 791 square feet.

At $1,450-a-month, Zillow estimates that you need net income of around $3,500-per-month to be able to afford it, which is around the level of a $50,000-$60,000 gross salary. 

It's the latest micro apartment development in the Twin Cities, as developers try to appeal to young professionals looking for more manageable spaces.

Follow Bring Me The News on LinkedIn

Earlier this year, City Club Apartments in downtown Minneapolis opened its doors, with some of its 307 units being one-room studio apartments of just 358 square feet, renting for $1,250-a-month.

Other micro-unit buildings include Coze Flats in Northeast Minneapolis, where units start at 402 square feet, and the Ray building in St. Paul, and where units are between 372-505 square feet.

The team behind SoPHI says the building is aimed at renters looking for "easy living," as well as appealing to those "who don’t want to live downtown or in Uptown but want to be close to both."

You can find more information about SoPHI here.

Screen Shot 2019-12-20 at 10.14.44 AM

Next Up

mickey moore driver's license shared

Beleaguered Ward 9 city council candidate loses Strib endorsement

Mickey Moore has faced questions in recent days about where he actually lives.

CDC biohazard scientist health work

New clue may explain how rare tropical disease sickened Minnesotan

The disease, known as melioidosis, killed 2 people earlier this year.

Sen Mark Koran crop

MN lawmaker encourages donations for locals charged in Jan. 6 insurrection

"They are a good family!" Sen. Mark Koran wrote Friday.


Money Gal Coaching: Mastering the spiritual parts of money

Kelly Blodgett used her passion behind becoming debt free to launch Money Gal Coaching.

University of minnesota sign

U of M will now require proof that employees have been vaccinated for COVID

Previously, only students were required to be vaccinated.

Jim Hagedorn

Report reveals details about ethics investigation into Rep. Hagedorn

The congressman described the report's findings as "unfounded conclusions."


SkyWest cancels hundreds of flights due to server error

More than 80 have been canceled at MSP Airport.


First elk in more than 100 years spotted in parts of southern WI

The elk population was reintroduced to Wisconsin in recent decades.

grand marais

10 beautiful Minnesota cities to visit for outdoor adventures

These places are perfect for a day trip or a weekend getaway.


CCA Lobby2

Gallery: New downtown apartments are made for the young and car-free

The City Club Apartments building opened this week in Minneapolis.

Screen Shot 2019-10-24 at 12.17.00 PM

City council set for final vote on Minneapolis 2040 plan

Council members will vote to ratify the comprehensive development plan on Friday.

HGTV Urban Oasis 2019 front yard

HGTV's contest giveaway of a Minneapolis home starts Tuesday

You can start entering the sweepstakes from Oct. 1 onwards.

Curtis aldrich avenue

'Rehab Addict' Nicole Curtis angered by another Minneapolis teardown

The TV star is accusing the City of Minneapolis of hypocrisy over its housing policy.

Screen Shot 2020-02-19 at 11.08.00 AM

Video: Flames leap from apartments in fire that killed 2 cats

The condo owners have been displaced by the blaze.

Minneapolis approves new tower despite objections over rooftop sign

City planners had objected to a request for a sign at the top of the skyscraper.