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5 Rentals

Minneapolis at a Glance

Average Rent

$441
(All bedrooms and property types)
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Average Rent in Minneapolis
0

School Rating

out of 10 Rating
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Schools in Minneapolis
48

Some Transit

out of 100 TransitScore® Rating
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Transportation in Minneapolis
94

Somewhat Bikeable

out of 100 BikeScore® Rating
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Transportation in Minneapolis

Bancroft Neighborhood

Like so many neighborhoods in Minneapolis, Bancroft is named after an elementary school in the area, which in turn was named for an early American historian – George Bancroft. Most of the homes in this primarily residential community were built prior to 1940, giving the neighborhood a quaint, historic feel.

Bancroft extends to Powderhorn Lake on the north and 42nd Street East to the south. It is bounded by Cedar Avenue on the east and Chicago Avenue on the west. Interstate 35W runs north and south to the west, connecting the community to the rest of the Twin Cities area. The Bancroft zip code is 55407, and it is part of Hennepin County.

The bordering park, though technically not part of Bancroft, draws residents for cultural activities and events, as well as the basic recreational activities that take place in a community park. Phelps Field just to the west, and Sibley Field close by to the east, are just outside of the neighborhood boundaries.

Within walking distance to the southeast of Bancroft, again just outside of the neighborhood boundaries, is Lake Hiawatha, which features a park and a golf course. Just east of that is the large Lake Nokomis and Lake Nokomis Park. Both Lake Hiawatha and Lake Nokomis offer freshwater fishing, and both of the parks offer a long list of amenities sure to please their visitors. Of course, the 18-hole golf course Lake Hiawatha Park is a major area attraction all on its own.

Bancroft Elementary School is situated on East 38th Street. Constructed many years ago in 1912, this is one of the oldest schools in the district and the community’s namesake. El Colegio Charter School on Bloomington Avenue, and Risen Christ School on East 37th Street are also within neighborhood bounds to serve the educational needs of Bancroft’s younger residents.

Top Budget-Friendly Neighborhoods in Minneapolis

(For 1 bedroom apartments)

Average Rent in Nearby Cities

(For 1 bedroom apartments)

Getting Around Minneapolis

Transportation

77

Very Walkable

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
94

Biker’s Paradise

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
48

Some Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

School data provided by Great Schoolsⓘ

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Frequently asked questions about renting in Bancroft

What are the average rent costs of a two bedroom apartment in Bancroft, Minneapolis, MN?

The average rent for a 2 bedroom apartment in Bancroft is $1,183.

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