Velo

Starting at $1,456

115 N 2nd St

Minneapolis, MN 55401 North Loop Neighborhood
Studio-2 Beds
1-2 Baths
532+ Sq Ft

About Velo

VÉLO was thoughtfully designed to provide residents with a genuine and inspiring environment that facilitates healthy sustainable living. Easy access to 170+ bike/walking trails, distinct local shops on the first level and in the bustling North Loop area, organic grocery store next door, public transportation, and rental bike stations make it apparent VÉLO is a hub in the urban lifestyle. The community provides many amenities that add convenience, revitalize, inspire, and satisfy everyday needs. Featuring storage lockers, guest parking, and a bike wash with an extensive bike repair station. Exercise in the fitness center, or yoga studio and then unwind in the cool down room or schedule a message. Entertain with the skyline of Downtown Minneapolis as your background on the outdoor club patio, bar, and grill, bocce ball court, or around the fire pit.

Listing Provided By

Pricing and Floor Plans

The total monthly price shown includes only the required fees. Additional fees may still apply to your rent. Use the rental calculator to estimate all potential associated costs.

Studio

Le Mond

$1,595-$2,321 total monthly price

Studio, 1 Bath, 565 Sq Ft

$300 deposit

https://imagescdn.homes.com/i2/mn5tBEt115vHlfRbibjwD1-t45rxYkt0FRoiH8YfXa0/116/velo-minneapolis-mn.jpg?p=1
Le Mond Floor Plan
1 Available Unit
Unit Price Sq Ft Availability
203 $1,590 565 Now

1 Bedroom

Scott

$1,552-$1,959 total monthly price

1 Bed, 1 Bath, 622 Sq Ft

$300 deposit

https://imagescdn.homes.com/i2/5iq_gqIr6dOnLJLNptQj0DHBxsyFCmz1nGM2SFvS1gw/116/velo-minneapolis-mn-2.jpg?p=1
Scott Floor Plan
1 Available Unit
Unit Price Sq Ft Availability
319 $1,547 622 Now

Bianchi

$1,641-$2,100 total monthly price

1 Bed, 1 Bath, 726 Sq Ft

$300 deposit

https://imagescdn.homes.com/i2/_Y2RpeujcJTbTUlKIJBxOLXTD9C7lbxag2PWDB6l2As/116/velo-minneapolis-mn-5.jpg?p=1
Bianchi Floor Plan
2 Available Units
Unit Price Sq Ft Availability
410 $1,636 726 Jan 13, 2026
610 $1,656 726 Mar 24, 2026

Raleigh

$1,657-$1,913 total monthly price

1 Bed, 1 Bath, 729 Sq Ft

$300 deposit

https://imagescdn.homes.com/i2/VPddUFxksCSoEs6WhNvBw6-BYS-66ptLdjpo6Nx1A20/116/velo-minneapolis-mn-3.jpg?p=1
Raleigh Floor Plan
1 Available Unit
Unit Price Sq Ft Availability
617 $1,652 729 Now

Jamis

$1,664-$2,126 total monthly price

1 Bed, 1 Bath, 722 Sq Ft

$300 deposit

https://imagescdn.homes.com/i2/XNo1j4xyLYdhtAxS9DxGvVdbs2Zp2Bh0pB3-OQM9H1w/116/velo-minneapolis-mn-7.jpg?p=1
Jamis Floor Plan
1 Available Unit
Unit Price Sq Ft Availability
409 $1,659 722 Jan 24, 2026

Pinarello

$1,954-$2,138 total monthly price

1 Bed, 1 Bath, 844 Sq Ft

$300 deposit

https://imagescdn.homes.com/i2/i5HNmTMH3xwncpWC8usV2ULkIX2xjVHy1y5JTbsB9XE/116/velo-minneapolis-mn-6.jpg?p=1
Pinarello Floor Plan
1 Available Unit
Unit Price Sq Ft Availability
205 $1,949 844 Jan 14, 2026

2 Bedrooms

Stella

$2,272-$2,917 total monthly price

2 Beds, 2 Baths, 1,101 Sq Ft

$300 deposit

https://imagescdn.homes.com/i2/6M50L0l5IItfw3q5E20IvBeD4-UqFm7bFodeKhuIQ90/116/velo-minneapolis-mn-4.jpg?p=1
Stella Floor Plan
1 Available Unit
Unit Price Sq Ft Availability
320 $2,267 1,101 Now

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities. Use the Rent Estimate Calculator to determine your monthly and one-time costs based on your requirements.

Utilities And Essentials

Trash Services - Hauling
Amount for shared trash/waste services.
Utility - Natural Gas - Third Party
Usage-Based (Utilities).Amount for provision and consumption of natural gas paid to a third party.
Utility - Water/Sewer
Usage-Based (Utilities).Amount for provision and/or consumption of water and sewer services
Utility - Billing Administrative Fee
Amount to manage utility services billing.
Renters Liability Insurance - Third Party
Amount for renters liability insurance obtained through resident's provider of choice.
Trash Services - Hauling
Varies
Utility - Natural Gas - Third Party
Varies
Utility - Water/Sewer
Varies
Utility - Billing Administrative Fee
$4.65 / mo
Renters Liability Insurance - Third Party
Varies

One-Time Basics

Due at Application
Application Fee
Amount to process application, initiate screening, and take a rental home off the market.
Due at Move In
Security Deposit (Refundable)
Amount intended to be held through residency that may be applied toward amounts owed at move-out. Refunds processed per application and lease terms.
Administrative Fee
Amount to facilitate move-in process for a resident.
Due at Application
Application Fee
$50
Due at Move In
Security Deposit (Refundable)
100.00% of base rent
Administrative Fee
$150

Parking

Parking Fee
Amount for garage parking space/services. May be subject to availability.
Parking Fee
$160 - $250 / mo

Pets

Pet Rent
Monthly amount for authorized pet.
Pet Fee
Amount to facilitate authorized pet move-in.
Pet Rent
$35 - $50 / mo
Pet Fee
$300

Storage

Storage Fee
Amount for usage of optional storage space. May be subject to availability.
Storage Fee
$50 - $75 / mo

Personal Add-Ons

Cable TV and Internet Services
Amount for cable and internet services in rental home.
Cable TV and Internet Services
Varies

Situational

Lease Violation
Amount for violation of community policies and/or per lease terms.
Access Device - Replacement
Amount to obtain a replacement access device for community; fobs, keys, remotes, access passes.
Intra-Community Transfer Fee
Amount due when transferring to another rental unit within community.
Late Fee
Amount for paying after rent due date; per terms of lease.
Lease Buy Out
Amount agreed upon by resident to terminate lease early and satisfy lease terms; additional conditions apply.
Early Lease Termination/Cancellation
Amount to terminate lease earlier than lease end date; excludes rent and other charges.
Access/Lock Change Fee
Amount to change or reprogram access to rental home.
Utility - Vacant Cost Recovery
Usage-Based (Utilities).Amount for utility usage not transferred to resident responsibility any time during occupancy.
Returned Payment Fee (NSF)
Amount for returned payment.
Utility - Vacant Processing Fee
Amount for failing to transfer utilities into resident name.
Lease Violation
Varies
Access Device - Replacement
$5 - $100 / occurance
Intra-Community Transfer Fee
$600 / occurance
Late Fee
7.99% of base rent / occurance
Lease Buy Out
200.00% of base rent / occurance
Early Lease Termination/Cancellation
100.00% of base rent / occurance
Access/Lock Change Fee
$35 / occurance
Utility - Vacant Cost Recovery
Varies
Returned Payment Fee (NSF)
$30 / occurance
Utility - Vacant Processing Fee
$35 / occurance

Property Fee Disclaimer: Standard Security Deposit subject to change based on screening results; total security deposit(s) will not exceed any legal maximum. Resident may be responsible for maintaining insurance pursuant to the Lease. Some fees may not apply to apartment homes subject to an affordable program. Resident is responsible for damages that exceed ordinary wear and tear. Some items may be taxed under applicable law. This form does not modify the lease. Additional fees may apply in specific situations as detailed in the application and/or lease agreement, which can be requested prior to the application process. All fees are subject to the terms of the application and/or lease. Residents may be responsible for activating and maintaining utility services, including but not limited to electricity, water, gas, and internet, as specified in the lease agreement.

Map

Minnesota Hennepin County Minneapolis 55401 North Loop

115 N 2nd St, Minneapolis, MN

For Rent

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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