How much does it cost to rent at Borealis Apartments?

Rent at Borealis Apartments in Minneapolis MN ranges from $1,899 to $2,869 per month as of May 19, 2026.

What is the average 1 bed rent at Borealis Apartments?

The average 1 bed apartment at Borealis Apartments costs $2,267/month, starting from $1,899.

What is the average 2 bed rent at Borealis Apartments?

The average 2 bed apartment at Borealis Apartments costs $2,589/month, starting from $2,399.

Is Borealis Apartments a good apartment complex?

Borealis Apartments has a 4.7-star rating on Google based on 77 reviews.

Updated today at 10:44 p.m. CT

Borealis Apartments

Name: Borealis Apartments
Address: 721 N 1st St, Minneapolis, MN, 55401, US
Telephone: (612) 643-5123
Rating: 4.7

721 N 1st St, Minneapolis, MN 55401

4.7 (77 reviews) Official Website → (612) 643-5123 Find Your Apartment with an Easy Quiz

Units Listed

$1,899

Starting at

$2,343

Average

$2,869

Highest

$3.17

Per Sq Ft

PRO

42d

Avg Days Listed

How does this compare? View Minneapolis MN rent trends

Beds

Pricing by Bedroom

1 Bed

$2,267

from $1,899 · 13 units

~704 sqft avg

2 Bed

$2,589

from $2,399 · 4 units

~856 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Property Price Trend

Units with Price Changes (11)

Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

+30 pts: 15+ units currently listed
+25 pts: Active move-in specials
+20 pts: Deep discounts (>$150/mo off)
+15 pts: 5+ distinct floor plans
+10 pts: 25+ units listed

All data comes directly from the property's leasing system. We do not estimate occupancy or total unit counts because we have no reliable source for building size.

Listed Units

Good availability

10 floor plans

Move-in Specials

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Central Minneapolis

Neighborhood

NoLo Living - NoLo South

$1,157 The Grand Mill District

$1,350 270 Hennepin Apartments

$1,354 Variant

$1,382 Third North Apartments

$1,394 Mill City Apartments

$1,415 The Churchill Apartments

$1,465 Moment Apartments

$1,500 Second and Second

$1,524 Maverick North Loop Apartments

$1,565

Borealis Apartments

$1,899

Comparing 11 apartments in Central Minneapolis. Click any bar to view that building.

Available Units

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17 units

1 Bed / 1 Bath Plan C

$1,899/mo

579 ft² · $3.28/ft\u00B2 · #2

1 Bed / 1 Bath Plan I

$1,969/mo

529 ft² · $3.72/ft\u00B2 · #14

1 Bed / 1 Bath Plan B

$2,099/mo

684 ft² · $3.07/ft\u00B2 · #1

1 Bed / 1 Bath Plan D

$2,099/mo

683 ft² · $3.07/ft\u00B2 · #4

1 Bed / 1 Bath Plan D

$2,199/mo

683 ft² · $3.22/ft\u00B2 · #3

1 Bed / 1 Bath Plan E

$2,199/mo

759 ft² · $2.90/ft\u00B2 · #5

1 Bed / 1 Bath Plan G

$2,299/mo

721 ft² · $3.19/ft\u00B2 · #13

1 Bed / 1 Bath Plan E

$2,299/mo

759 ft² · $3.03/ft\u00B2 · #9

1 Bed / 1 Bath Plan E

$2,369/mo

759 ft² · $3.12/ft\u00B2 · #8

2 Bed / 1 Bath Plan F

$2,399/mo

831 ft² · $2.89/ft\u00B2 · #11

Unit	Floor Plan	Bed/Bath	Sqft	Price	$/Sqft	Available	Listed
2	Plan C	1bd / 1ba	579	$1,899	$3.28	-	Pro
14	Plan I	1bd / 1ba	529	$1,969	$3.72	-	Pro
1	Plan B	1bd / 1ba	684	$2,099	$3.07	-	Pro
4	Plan D	1bd / 1ba	683	$2,099	$3.07	-	Pro
3	Plan D	1bd / 1ba	683	$2,199	$3.22	-	Pro
5	Plan E	1bd / 1ba	759	$2,199	$2.90	-	Pro
13	Plan G	1bd / 1ba	721	$2,299	$3.19	-	Pro
9	Plan E	1bd / 1ba	759	$2,299	$3.03	-	Pro
8	Plan E	1bd / 1ba	759	$2,369	$3.12	-	Pro
11	Plan F	2bd / 1ba	831	$2,399	$2.89	-	Pro
6	Plan E	1bd / 1ba	759	$2,459	$3.24	-	Pro
17	Plan X	1bd / 1ba	697	$2,499	$3.59	-	Pro
10	Plan F	2bd / 1ba	831	$2,529	$3.04	-	Pro
7	Plan E	1bd / 1ba	759	$2,539	$3.35	-	Pro
15	Plan N	1bd / 1ba	780	$2,549	$3.27	-	Pro
12	Plan F	2bd / 1ba	831	$2,559	$3.08	-	Pro
16	Plan V	2bd / 1ba	931	$2,869	$3.08	-	Pro

Train activity

Trains close by

Freight line 761 ft away

Trains pass infrequently
Crossing 761 ft away. Horns expected during the day.
Operator: SOO

Why this matters →

Other Minneapolis MN Apartments

Minneapolis MN Rent Trends

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Borealis Apartments

Pricing by Bedroom

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Property Price Trend

Units with Price Changes (11)

Property Intelligence

Price vs. Central Minneapolis

Available Units

Train activity

Trains close by

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Minneapolis MN Rent Trends

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