Zumper
modified
3 Days Ago

Highlights

  • Pet Friendly
  • Open layout
  • Hardwood floors
  • Central location

Location

708 Southeast University Avenue, Minneapolis, Minnesota 55414, United States|Marcy - Holmes
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Contact

Management

Sela Investments, Ltd LLP

Leasing office

(612) 255-1676 ext. 2

Property Overview

With an overall Zumper rating of 8.1, 708 University Ave SE is an attractive option for renters, characterized by an open layout, hardwood floors, and a central location. Its competitive pricing and high amenities rating of 8 indicate an exceptional standard of living, while a location rating of 9 ensures easy access to local attractions and services. Additionally, the property ranks in the 86th percentile for value per square foot, further enhancing its appeal.

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.

Zumper Expert Rating

8.1
Very Good
With a solid 8.1 out of 10 overall, 708 University Ave SE is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 708 University Ave SE has a number of attractive features—namely its Location— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space
  • Elementary school nearby

Great for

  • Social life

Floor plans

11 bed1 bath775 sqft$1,100 /mo2 units available

Let's explore this property.

Amenities for 708 University Ave SE

Building

Cats OKDogs OK
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

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units24
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About 708 University Ave SE

HomeApartments in MinneapolisMarcy - Holmes 708 University Ave SE

Great two bedrooms with hardwood floors and an open layout. Enjoy living right off campus on the West bank in Minneapolis. You will have the convenience of a very central location that is walking distance to campus, right off the bus line, a block away from 35W and minutes from Downtown and Uptown Minneapolis


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.
8.1
/10
Very Good
With a solid 8.1 out of 10 overall, 708 University Ave SE is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 708 University Ave SE has a number of attractive features—namely its Location— so you can be assured your rent will come with a high standard of living.
How we rated 708 University Ave SE
Price·8A 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.
Scoring a 8/10, 708 University Ave SE is a great option for renters looking for apartments in Marcy - Holmes. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·8A 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.
With multiple in-demand amenities, 708 University Ave SE is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
708 University Ave SE 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·8A 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.
Anyone looking for quality at a great value will find 708 University Ave SE to be an attractive option. Renters can also rely on this rental to provide them with accurate information they need to find the living experience they desire.
Trustworthiness·7A 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.
708 University Ave SE provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

708 University Ave SE is great for:

Social life

  • 183 restaurants within 1 mile of this property
  • 120 museums, art galleries, or cultural centers within 1 mile
  • 51 local event hubs within 1 mile
  • Area has 50 parks and recreation options

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 708 University Ave SE compares to other nearby properties.

Positives

More space
The 1-bedroom is 150 sqft larger than other listings nearby
Elementary school nearby
There is an elementary school 0.3 mile away

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1 mile away

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Rent trends in Marcy - Holmes

1-bedroom apartments at 708 University Ave SE cost about 25% less than the average rent price for 1-bedroom apartments in Marcy - Holmes.

Median rents as of Nov 29 2025.
Marcy - Holmes
Minneapolis
A table of studio rental data trends in Minneapolis
MonthMedian 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
A table of studio rental data trends in Marcy - Holmes
MonthMedian Rent
December 2023$1,200
January 2024$1,150
February 2024$1,047
March 2024$1,062
April 2024$1,148
May 2024$1,295
June 2024$1,229
July 2024$1,201
August 2024$1,268
September 2024$1,238
October 2024$1,107
November 2024$1,295
December 2024$1,314
January 2025$1,355
February 2025$1,219
March 2025$1,371
April 2025$1,327
May 2025$1,330
June 2025$1,324
July 2025$1,395
August 2025$1,352
September 2025$1,205
October 2025$1,123
November 2025$1,176

Affordability calculator

Can I afford to live at 708 Southeast University Avenue?

Bedrooms

1 bedroom

Rent-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

$44,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $44,000 annually to afford this 1-bedroom monthly rent price of $1,100.
For more information on rent affordability, visit our rent calculator.

Schools near 708 University Ave SE

MPS Metro HA

932 e. 34th st.

minneapolis, MN, 55407

K-12Public

River Bend Educational Center

1510 glenwood ave s

minneapolis, MN, 55405

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
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Internet available near 708 University Ave SE

Getting around Minneapolis near 708 Southeast University Avenue

Walking

9/10
No car? No problem. Everything you need is within a few blocks.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

7/10
Popular public transit options are just a short walk from this location.

Points of interest for 708 Southeast University Avenue, Minneapolis

Groceries

7/10
At least one grocery store within a 15-minute walk

Shopping

7/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

8/10
Variety of restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

7/10
At least one high school within a 20-minute walk

Parks

10/10
Very large amount of park space within a few minutes' walk

Nightlife

6/10
Variety of bars within walking distance

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