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Apartments for rent - Phillips, Minneapolis, MN

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Avg. RentAnnual Change
Studio - $1,0950%
1 Bed - $1,250-9%
2 Beds - $1,673-8%
3 Beds - $1,950-4%
Last updated 12/1/2022

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Overview of Phillips

Located south of downtown Minneapolis, Phillips was named to honor Wendell Phillips, an abolitionist who lived during the 19th century. When you try to categorize this neighborhood, "diverse" is the  first word that comes to mind. People from all walks of life and nationalities reside here and enjoy a local landscape that is speckled with residential, industrial and commercial spaces alike.

The greater Phillips neighborhood encompasses Ventura Village and Midtown, West and East Phillips. The community is nestled between Interstate 94, Lake Street East, Interstate 35 and Hiawatha Avenue.

Phillips Lifestyle and Entertainment

Peavey Park's Touchstone Plaza is located in this neighborhood and embraces the traditions of residents who live in the community. This public art project features a circular plaza filled with tiled benches and mosaic pathways that residents can use as thrones for public speaking, playing music or poetry slams.

The American Swedish Institute, Uncle Hugo's Science Fiction Bookstore, Once Upon A Crime Bookstore and In the Heart of the Beast Puppet Theatre are also located in Phillips for those seeking entertainment and culture.

Phillips Info and the Rental Market

Minneapolis residents and transplants are attracted to Phillips because the neighborhood has a cost of living index of 93, which is 17 percent lower than the city average. According to Area Vibes, Phillips is home to more than 4,700 residents, which gives the neighborhood an exciting, bustling vibe where people of all ages can feel comfortable living.

Residents living in Phillips can take advantage of many Metro Transit bus routes that travel through the area, including the 2, 5, 9, 11, 14, 18, 21, 22, 27, 39, 53 and 111. The Chicago Lake Transit Center is also located here, allowing neighborhood residents to easily enjoy an average commute time of 25 minutes.

Phillips Resources

Phillips is located within Minneapolis City Council Wards 6 and 7. For those seeking medical care, Phillips is chock full of resources. Abbott Northwestern Hospital, the Children's Hospitals and Clinics of Minnesota, HeartScan Minnesota and Abbot Northwestern's Joint Replacement Center, among others, are all located right in the area. There is one post office in Phillips.

Phillips Zip Codes

The zip codes serving Phillips are 55404 and 55407.

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