Penn Apartments

7501-7515 Penn Ave S, Richfield, MN 55423

Apartment building

1 bed

Pet-friendly

Available units

Price may not include required fees and charges

Price may not include required fees and charges.

Unit , sortable column	Sqft, sortable column	Available, sortable column	Base rent, sorted ascending
7501-A 1 bd, 1 ba 5 photos	--	Dec 1	$975
7501-101 1 bd, 1 ba	--	Now	$975
7515-204 1 bd, 1 ba 5 photos	600	Jan 1	$1,000

What's special

Reserved off-street parkingDedicated storage unitAbundant in-unit closet spaceInviting eat-in kitchenLots of natural lightGenerous windows

Experience urban living at its finest in this 1-bedroom apartment, perfectly positioned just one block from Best Buy Corporate Office. This unit offers lots of natural light through generous windows, creating a warm and inviting atmosphere throughout. The thoughtfully designed layout features an inviting eat-in kitchen, perfect for both casual dining and entertaining. Storage worries are a thing of the past with abundant in-unit closet space plus your own dedicated storage unit ideal for bikes, seasonal items, or extra belongings. Convenience meets comfort with: - Reserved off-street parking - Prime location near Rainbow, Target, and Southtown Mall, the Airport, Best Buy and more - Easy access to public transportation - Cat-friendly community (additional fees apply) *Utilities not included. $40 application fee per person.*

Facts, features & policies

Unit Features

Appliances

Range Oven

Refrigerator

Other

Free Onsite Parking

Policies

Pet essentials

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CatsAllowed

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Neighborhood: 55423

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Community Vibe
Strong neighborhood connections and community events foster a friendly atmosphere.
Suburban Calm
Serene suburban setting with space, comfort, and community charm.
Highway Access
Quick highway connections for seamless travel and regional access.
Outdoor Activities
Ample parks and spaces for hiking, biking, and active recreation.

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Just south of Minneapolis, Richfield’s 55423 blends suburban calm with city convenience: tree-lined streets of mid-century homes, garden apartments, and a growing Penn-American mixed-use hub. Expect four distinct seasons—snowy winters and warm summers—and an outdoorsy culture anchored by Wood Lake Nature Center, Veterans Memorial Park (outdoor pool, ice arena, farmers market), Taft Park, and the Nokomis–Minnesota River Regional Trail for biking. Daily life is easy with Target and Home Depot at Cedar Point Commons, Cub Foods and Lunds & Byerlys close by, Andale Taqueria y Mercado and local coffee spots, plus quick access to Mall of America and MSP. The vibe is friendly and practical, with community events like Penn Fest, and it’s pet- and family-friendly (including the Roosevelt off-leash dog park). According to Zillow Rental Manager market trends, recent median asking rent in 55423 has hovered around the mid-$1,500s, with most listings roughly $1,200–$2,100 over the past few months. Commuters use I-35W, I-494, Hwy 62, and frequent Metro Transit routes.