35 Minutes Ago
Highlights
- Urban lifestyle
- Easy access
Location
721 15th Ave Se, Minneapolis, MN 55414, USA|Dinkytown
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Property Overview
Varsity Apartments - 721 receives a solid overall rating of 7.4, reflecting its high quality as a rental option. Notable features include an impressive amenities score of 9 and a location score of 9, offering residents urban convenience and access to essential services. With a trustworthiness rating of 8, the property emphasizes transparency, while its quiet environment, high-speed internet, and proximity to coworking spaces support a productive work-from-home lifestyle.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Laundry available on site
Great for
Work-from-home
Floor plans
| 0BR/1.0BA | Studio | 1 bath | 200 sqft | $745 /mo | 1 unit available | Available August 1st! Discover this efficient studio apartment on the third-floor corner of Varsity Apartments. Brightened by ample natural light from corner windows, it offers a welcoming space perfect for minimalist 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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Amenities for Varsity Apartments - 721
Apartment Amenities
| Air Conditioning | Hardwood Floor |
Tech
| Free Internet |
Building
| Coin Op Laundry | Onsite Laundry |
Grounds
| Off-Street Parking |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 16 |
|---|
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About Varsity Apartments - 721
Available August 1st! Discover this efficient studio apartment on the third-floor corner of Varsity Apartments. Brightened by ample natural light from corner windows, it offers a welcoming space perfect for minimalist 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.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.4
/10
Very GoodVarsity Apartments - 721 is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·6A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Varsity Apartments - 721 is priced lower than the median price per bedroom for the area. While it may be more affordable, there may also be trade-offs in terms of amenities or quality compared to similar listings nearby. It caters to those seeking cost savings, albeit with some compromises.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Varsity Apartments - 721 goes above and beyond to provide sought-after conveniences and desirable perks, including coin op laundry. Renters looking for popular or luxurious features will find them here—and for that reason, Varsity Apartments - 721 receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Varsity Apartments - 721 is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Varsity Apartments - 721 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Varsity Apartments - 721 is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Varsity Apartments - 721 compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.2 mile away
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Dinkytown
studio apartments at Varsity Apartments - 721 cost about 26% less than the average rent price for studio apartments in Dinkytown.
Median rents as of Jan 24 2026.
Dinkytown
Minneapolis
| Month | Median Rent |
|---|---|
| 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 |
| December 2025 | $1,098 |
| January 2026 | $1,081 |
| Month | Median Rent |
|---|---|
| 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 |
| December 2025 | $1,028 |
| January 2026 | $1,010 |
Affordability calculator
Can I afford to live at 721 15th Ave Se?
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 15th Ave Se
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 15th Ave Se, 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 15th Ave Se
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
Rise Baking Artisan Bread Inc
828 Kasota Ave SE
Casariya Bakery
Van Cleve Park
East River Parkway
Holmes Park
Father Hennepin Bluffs Park
Beltrami Park
Jimmy John's
4414 SE
Nautical Bowls
1322 5th St SE
Lepot Chinese Hotpot
507 14th Ave SE
Subway
1412 5th St SE
India Kitchen
1415 4th St SE
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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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