12 Hours Ago
Location
721 Southeast 15th Avenue, Minneapolis, Minnesota 55414, United States|Dinkytown
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Floor plans
| 0BR/1.0BA | Studio | 1 bath | 200 sqft | $745 /mo | 1 unit available | Available Dec 15th! Positioned centrally on the third floor of Varsity Apartments at 721 15th Ave SE, Minneapolis, this 200 sq ft studio apartment delivers a compact yet functional layout for modern urban dwellers. The elevated second floor location offers a peaceful ambiance with reduced street noise, ideal for focused living. Positioned just steps from the University of Minnesota, it provides easy access to campus facilities and academic resources. The vibrant Dinkytown neighborhood, known for its eclectic dining and shopping options, is within walking distance, enhancing the urban lifestyle. Public transit options nearby ensure seamless connectivity to downtown Minneapolis and beyond. Deposit is Equal to 1 Months Rent with approved credit / background. Rental Terms: 12 month lease Utilities: Tenant responsible for their own Electric & Cable. Application Fee: $50.00 per person 18yrs or older. Rental Qualifications are minimum credit score of 600 or Higher. Clean Criminal Background, No Unlawful Detainers or Evictions, No Felonies, Income to be minimum 3x the monthly rent. Rental Assistance Accepted when other qualification are met. |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
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Building details
Property details
| Units | 16 |
|---|
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About Varsity Apartments - 721
Available Dec 15th! Positioned centrally on the third floor of Varsity Apartments at 721 15th Ave SE, Minneapolis, this 200 sq ft studio apartment delivers a compact yet functional layout for modern urban dwellers. The elevated second floor location offers a peaceful ambiance with reduced street noise, ideal for focused living. Positioned just steps from the University of Minnesota, it provides easy access to campus facilities and academic resources. The vibrant Dinkytown neighborhood, known for its eclectic dining and shopping options, is within walking distance, enhancing the urban lifestyle. Public transit options nearby ensure seamless connectivity to downtown Minneapolis and beyond. Deposit is Equal to 1 Months Rent with approved credit / background. Rental Terms: 12 month lease Utilities: Tenant responsible for their own Electric & Cable. Application Fee: $50.00 per person 18yrs or older. Rental Qualifications are minimum credit score of 600 or Higher. Clean Criminal Background, No Unlawful Detainers or Evictions, No Felonies, Income to be minimum 3x the monthly rent. Rental Assistance Accepted when other qualification are met.
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Rent trends in Dinkytown
studio apartments at Varsity Apartments - 721 cost about 28% less than the average rent price for studio apartments in Dinkytown.
Median rents as of Nov 29 2025.
Dinkytown
Minneapolis
| Month | Median Rent |
|---|---|
| December 2023 | $1,000 |
| January 2024 | $964 |
| February 2024 | $925 |
| March 2024 | $1,016 |
| April 2024 | $1,024 |
| May 2024 | $1,097 |
| June 2024 | $1,041 |
| July 2024 | $1,031 |
| August 2024 | $1,083 |
| September 2024 | $1,070 |
| October 2024 | $1,041 |
| November 2024 | $1,025 |
| December 2024 | $1,015 |
| January 2025 | $993 |
| February 2025 | $1,001 |
| March 2025 | $1,006 |
| April 2025 | $978 |
| May 2025 | $967 |
| June 2025 | $1,014 |
| July 2025 | $982 |
| August 2025 | $1,033 |
| September 2025 | $1,019 |
| October 2025 | $993 |
| November 2025 | $988 |
| Month | Median Rent |
|---|---|
| December 2023 | $992 |
| January 2024 | $997 |
| February 2024 | $995 |
| March 2024 | $1,021 |
| April 2024 | $1,007 |
| May 2024 | $1,023 |
| June 2024 | $1,000 |
| July 2024 | $995 |
| August 2024 | $1,004 |
| September 2024 | $1,038 |
| October 2024 | $905 |
| November 2024 | $1,051 |
| December 2024 | $1,052 |
| February 2025 | $1,115 |
| March 2025 | $1,061 |
| April 2025 | $1,067 |
| May 2025 | $1,054 |
| June 2025 | $1,034 |
| July 2025 | $981 |
| August 2025 | $1,047 |
| September 2025 | $1,041 |
| October 2025 | $1,098 |
| November 2025 | $1,046 |
Affordability calculator
Can I afford to live at 721 Southeast 15th Avenue?
Bedrooms
StudioRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$29,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $29,800 annually to afford this studio monthly rent price of $745.
For more information on rent affordability, visit our rent calculator.
Schools near Varsity Apartments - 721
MPS Metro HA
932 e. 34th st.
minneapolis, MN, 55407
K-12Public
Early Childhood Special Education
3320 elliot ave s
minneapolis, MN, 55407
PK, KPublic
B+
MPS Metro SJ
932 east 34th st
minneapolis, MN, 55407
K-12Public
River Bend Educational Center
1510 glenwood ave s
minneapolis, MN, 55405
K-12Public
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Internet available near Varsity Apartments - 721
Getting around Minneapolis near 721 Southeast 15th Avenue
Walking
6/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
8/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 721 Southeast 15th Avenue, Minneapolis
Groceries
5/10
At least one supermarket within a 20-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
9/10
Very large amount of park space within a few minutes' walk
Nightlife
6/10
Some bars within a few minutes’ walk
Explore the area around 721 Southeast 15th Avenue
Lighthouse Bay Foods Inc
2010 E Hennepin Ave
Simple to Grand
600 Stinson Blvd
Fresh Thyme Market
24 30th Ave SE
Lunds & Byerlys
25 University Ave SE
Super Plaza Halal Foods
1525 S 4th St
Target
1329 5th St SE
The White Room
1621 E Hennepin Ave
Knot Clothing & Belt Co
610 9th St SE
University of MN Bookstore
300 Washington Ave SE
Hazel & Rose LLC
201 6th St SE
Starbucks
425 14th Ave SE
Bordertown Coffee
315 16th Ave SE
Starbucks
207 Church St SE
Manning's Cafe
2200 Como Ave SE
Starbucks
615 Washington Ave SE
Blarney Pub
412 14th Ave SE
Burrito Loco Bar & Grill
418 13th Ave SE
Qdoba Mexican Eats
324 14th Ave SE
Blue Door U
1514 Como Ave SE
Buffalo Wild Wings
2001 University Ave SE
Mango Mango Dessert
406 14th Ave SE
Einstein Bros Bagels
300 Washington Ave SE
New French Bakery
828 Kasota Ave SE
Casariya Bakery
Einstein Bros Bagels
2211 Riverside Ave
Van Cleve Park
East River Parkway
Holmes Park
Father Hennepin Bluffs Park
Beltrami Park
Jimmy John's
4414 SE
Lepot Chinese Hotpot
507 14th Ave SE
Subway
1412 5th St SE
India Kitchen
1415 4th St SE
Nautical Bowls
1322 5th St SE
15th Ave SE & 7th St SE
15th Ave SE & 8th St SE
,
15th Ave SE & 8th St SE
15th Ave SE & 6th St SE
15th Ave SE & 6th St SE
,
Target Field Station & Rail Platform
Northstar Commuter Rail
East Bank Station
METRO Green Line
East Bank Station
METRO Green Line
Stadium Village Station
METRO Green Line
Stadium Village Station
METRO Green Line
West Bank Station
METRO Green Line
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