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Affordable Apartments in Elliot Park, Minneapolis

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Home is at the
Heart of Community.

If you are looking for an affordable home in Minneapolis, Elliot Park is worth knowing.

Aeon manages 12 affordable housing communities in this neighborhood — more than anywhere else in our portfolio — offering a range of homes from studios to 4-bedroom townhomes, at income levels from 30% to 60% of the Area Median Income.

Whether you are an individual, a couple, a family, or a senior, there is likely an Aeon home in Elliot Park that fits your household. Most of our communities here have open waitlists and accept applications now.

About Elliot Park

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Aeon creates and sustains quality affordable homes that strengthen lives and communities.

Elliot Park is a historic neighborhood on the southern edge of downtown Minneapolis, bounded roughly by I-35W to the east, Chicago Avenue to the west, and the downtown core just a few blocks to the north. It is one of Minneapolis’s most walkable neighborhoods, with easy access to jobs, transit, healthcare, and everyday amenities.

Getting around

Elliot Park is served by multiple Metro Transit bus routes running through the neighborhood along Portland Avenue, Chicago Avenue, and 11th Avenue. The Government Plaza light rail station — served by both the Blue Line and Green Line — is within easy walking distance of most Aeon properties here, connecting residents directly to the University of Minnesota, Saint Paul, and Minneapolis-St. Paul International Airport.

Healthcare and services

Hennepin Healthcare (formerly HCMC), one of the Twin Cities’ largest employers and the region’s Level I trauma center, is located within the neighborhood. The Minneapolis VA Medical Center and several community health clinics are also nearby, making Elliot Park a particularly strong location for residents who need regular access to healthcare.

Parks and community

Peavey Park, located in the heart of Elliot Park, offers green space, a playground, and a community gathering spot. The Elliot Park Neighborhood organization (EPNI) has been an active community partner for decades — in fact, several of Aeon’s historic properties in the neighborhood were renovated at EPNI’s request. The neighborhood has a strong tradition of community investment and is home to a diverse mix of longtime residents and newer arrivals.

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Aeon’s Affordable Homes in Elliot Park

The 12 Aeon communities in and around Elliot Park are listed below. Each property has its own income limits, unit types, and availability. Click any property name to visit its page, check current waitlist status, and apply.

Property Address Unit types AMI levels Apply Notes
East Village 1423 11th Ave S Studio–4BR townhome 60% AMI + market Open Largest property; mixed income; families welcome; pets OK
The Elms 1401 Portland Ave S Studio, 1BR 30–50% AMI + 811 Open Disability-accessible 811 units available
Paige Hall 727 S 5th Ave Studio, 2BR 30–50% AMI Open Historic building; steps from downtown; pets OK
The Adams 500 S 10th St Studio 30–50% AMI Open 76 studio homes; gateway to downtown; pets OK
The Roselle 910 Portland Ave S Studio, 1BR 50% AMI + 811 Open Historic building; skyline views; 811 disability units
Balmoral 1005 Portland Ave Studio, 1BR 35–50% AMI Open Historic building; courtyard; in-unit laundry
Barrington 1005 Portland Ave Studio, 1BR 30–50% AMI Open Historic renovation; 26 homes; no pets
Heritage 624 S 9th St Studio 30% AMI Open Historic 1880s row-house; 16 studios; no pets
Buri Manor 1515 Chicago Ave S Studio 30–50% AMI Open Courtyard setting; pets OK
⟶ Closed Waitlist
Chicago Ave Apartments 1500 Chicago Ave S 1BR, 2BR, 3BR HUD Closed Families; HUD-funded; waitlist currently closed
⟶ Specialized Communities — Referral or Eligibility Criteria Apply
Alliance 719 16th St E Studio 50% AMI + PB S8 Open Sober community — sobriety commitment required; see note below
St. Barnabas Apartments 906 7th St S Studio Referral-based Referral Youth housing (ages 18–24) — referral required; see note below

Our Team.

Behind Aeon’s mission is a team of more than 200 dedicated individuals who bring passion, expertise, and innovation to the work of creating homes that change lives. From property management to development, resident services to advocacy, our team is committed to making a lasting impact in the communities we serve.

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Your Next Step Awaits.

Whether you’re looking for a place to call home or a way to make a difference, Aeon is here to help. Join us in building stronger communities and transforming lives.
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