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Updated 1 hour ago

The Exchange Apartments

VERIFIED

2299 Palmer Dr New Brighton, MN

Studio - 2 Bed
1 - 2 Bath

533 - 1,101 Sq. Ft.

Available Now
Deal

Up to 1 Month FREE! Studio, Alcove, 1 and 2 bedroom apartment homes! Also Ask about our Look and Lease Special - its a great one!!

Studio • 1 Bath
$1,435 - $1,445
533 ft2
3 Available
Unit 531
$1,445
Available Now
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Unit 227
$1,435
Available Aug 1st, 2025
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Unit 527
$1,445
Available Aug 1st, 2025
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Studio • 1 Bath
$1,530 - $1,570
592 ft2
2 Available
Unit 403
$1,570
Available Now
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Unit 203
$1,530
Available Aug 1st, 2025
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1 Bed • 1 Bath
$1,990
830 ft2
1 Available
Unit 502
$1,990
Available Now
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1 Bed • 1 Bath
$1,690 - $1,765
686 ft2
3 Available
Unit 221
$1,690
Available Aug 1st, 2025
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Unit 521
$1,740
Available Aug 1st, 2025
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Unit 313
$1,765
Available Aug 1st, 2025
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1 Bed • 1 Bath
$1,785
743 ft2
1 Available
Unit 217
$1,785
Available Aug 1st, 2025
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2 Beds • 2 Bath
$2,630
1101 ft2
1 Available
Unit 609
$2,630
Available Jul 28th, 2025
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
60
Somewhat Walkable
Transit Score®
19
Minimal Transit
Bike Score®
47
Somewhat Bikeable
Amenities
Fitness Center
Pool
Balcony, Deck, Patio
Package Receiving
Clubhouse
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Fee: $300.00
Pet Rent: $25.00
Lease & Fees
Lease Length:

8, 9, 10, 11, 12, 13, 14, 15

Application Fee:

$50

Other:

Admin fee: $150

Property details
Description

Additional fees for this community include:Non-Optional FeesApplication fee: $50/adultNon-refundable administrative fee: Management charges a $150, non-refundable, administrative fee that is related to our internal and administrative costs for the establishment of a resident file, and preparation of initial lease paperwork and related addendums. This administrative fee must be paid, in addition to the payment of month's rent, any prorated rent, or any additional deposit that might be required on the day of move-in.Utility administrative fee: $8/monthUtility Fees:Electricity - Paid for by resident Gas – Paid for by residentHeat - Paid for by residentWater/Sewer/Trash – Utility billing is calculated by the Ratio Utility Billing System (RUBS) and will be added to the account ledger monthly. A 12-month history of payments is available for review in the management office, as required by Minnesota statute.

Additional Details
Total Unit Count: 132
Last Updated: Updated 1 hour ago
Contact Number: (651) 661-7711
Property manager information
Bader
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Office Hours
Monday: 9:00 AM - 5:00 PM
Tuesday: 9:00 AM - 5:00 PM
Wednesday: 9:00 AM - 5:00 PM
Thursday: 9:00 AM - 5:00 PM
Friday: 9:00 AM - 5:00 PM
Saturday: 11:00 AM - 3:00 PM
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
CenturyLink, Inc. 940.0 940.0
CenturyLink, Inc. 100.0 10.0
ViaSat, Inc. 100.0 3.0
Nextera Holdings, LLC 50.0 50.0
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for The Exchange Apartments by bedroom type below.
Studio
Suggested income:
$53,500
per year
1 Bedroom
Suggested income:
$64,600
per year
2 Bedroom
Suggested income:
$94,700
per year
Rent report

The Exchange Apartments Rent vs. New Brighton Average

 The Exchange Apartments      New Brighton Average
Studio
$1,485
$1,402
$0
$500
$1,000
$1,500
$2,000
1BR
$1,794
$1,273
$0
$600
$1,200
$1,800
$2,400
2BR
$2,630
$1,434
$0
$900
$1,800
$2,700
$3,600

The Exchange Apartments is asking 6% more than the average studio apartment in New Brighton.

If you upsized to an average priced New Brighton 1 bedroom apartment, you would pay 10% less per month.

The Exchange Apartments provides 1% less square footage than the average New Brighton studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Exchange Apartments
Studio $1,485 $2.70 $4,455
1BR $1,794 $2.50 $5,382
2BR $2,630 $2.40 $7,890
New Brighton Average
Studio $1,402 $2.50 $4,206
1BR $1,273 $1.80 $3,818
2BR $1,434 $1.70 $4,302
3BR $2,595 $2.00 $7,785

Availability in New Brighton

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 42 2BR units on the market in New Brighton. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
9% 41% 49% 1%
Available Units in New Brighton
Studio 8
1BR 35
2BR 42
3BR 1
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Mercy Hospital – Unity Campus 3.35 mi.
North Memorial Medical Center 6.37 mi.
University Of Minnesota Medical Center Fairview East Bank Er 6.59 mi.
Nearby Fire Stations
Name Distance
Three Star Volunteer Fire Department 0.52 mi.
Columbia Heights Fire Department 1.54 mi.
New Brighton Department Of Public Safety Fire Division 1.71 mi.
FAQs
Is this property currently leasing units?
Yes. There are 11 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 11 units available for move-in over the next 2 months. 3 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 533 to 1,101 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are studio, 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,435 to $2,630. The Exchange Apartments has studio units available starting at $1,435, 1 bedroom units available starting at $1,690, and 2 bedroom units available starting at $2,630.
Where is this property located?
This property is at 2299 Palmer Dr in New Brighton, MN. It's 0.9 miles northwest from the center of New Brighton.
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