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Updated 3 hours ago

Varsity Apartments - 721


721 15th Ave SE Minneapolis, MN

Studio
•
1 Bath

175 - 300 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$570
175 ft2
1 Available
Managed By: Varsity Apartments
721-14
$570
Available Oct 28th, 2026
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Studio • 1 Bath
$795
300 ft2
1 Available
Managed By: Legion Properties
727-39
$795
Available Now
View
View Rented Units
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1 Bed • 1 Bath
$795 - $900
300 ft2
0 Available
Managed By: Legion Properties
727-32
$795
Rented
View
727-30
$865
Rented
View
727-49
$900
Rented
View
1 Bed • 1 Bath
$725
200 ft2
0 Available
Managed By: Legion Properties
727-12
$725
Rented
View
1 Bed • 1 Bath
$865
500 ft2
0 Available
Managed By: Legion Properties
727-44
$865
Rented
View
Where you'll live
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Varsity Apartments - 721
Varsity Apartments - 721
Varsity Apartments - 721
Fees & leasing info
Lease & Fees
Security Deposit: $500
Property details
Additional Details
Total Unit Count: 16
Last Updated: Updated 3 hours ago
Contact Number: (651) 205-3502
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ViaSat, Inc. 100.0 3.0
Nextera Holdings, LLC 50.0 50.0
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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 Varsity Apartments - 721 by bedroom type below.
Studio
Suggested income:
$20,500
per year
Rent report

Varsity Apartments - 721 Rent vs. Minneapolis Average

 Varsity Apartments - 721      Minneapolis Average
Studio
$570
$1,115
$0
$400
$800
$1,200
$1,600

Varsity Apartments - 721 is asking 49% less than the average studio apartment in Minneapolis.

If you upsized to an average priced Minneapolis 1 bedroom apartment, you would pay 23% more per month.

Varsity Apartments - 721 provides 59% less square footage than the average Minneapolis studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Varsity Apartments - 721
Studio $570 $3.30 $1,710
Minneapolis Average
Studio $1,115 $2.60 $3,345
1BR $1,444 $2.20 $4,332
2BR $2,102 $2.10 $6,305
3BR $2,284 $1.70 $6,851
4BR $2,653 $1.70 $7,959

Availability in Minneapolis

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 1,880 1BR units on the market in Minneapolis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
17% 44% 27% 6% 3%
Available Units in Minneapolis
Studio 741
1BR 1,880
2BR 1,162
3BR 260
4BR 111
Location
Nearby Colleges

University of Minnesota - Twin Cities

Augsburg College

Walden University

Capella University

Minneapolis Community and Technical College

FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on October 28, 2026.
What's the square footage of the available units?
It's 175 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are studio units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Varsity Apartments - 721 has a studio unit starting at $570.
Where is this property located?
This property is at 721 15th Ave SE in Minneapolis, MN. It's 1.7 miles east from the center of Minneapolis.
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