Photos
- 1 Bedroom Bedrooms
- $975-$1,000Plus Fees
- 600Square Feet
About Penn Apartments
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.*
Penn Apartments is located in the Southwest Richfield Neighborhood and 55423 Zip code of Richfield, MN. This community is professionally managed by Twin Realty Investment Company
Property Contact Info
Floorplan Pricing and Availability
Penn Apartments offers 1 Bedroom apartments starting from $975 and having 600 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
ApartmentHomeLiving.com's new Interactive Property Map allows you to see where every available unit is located at this community.Try It Now >1 Bedroom
1BR/1.0BA
From $975
1 Bed, 1 Bath, 600 sq ftPlus FeesAvailable Nov 1Availability Details
Price Availability Date Unit Sq Ft Deposit Photos View Details $1,000 November 1, 2025 7501-101 600 $1,000 $975 December 1, 2025 7501-A 600 $975 $1,000 January 1, 2026 7515-204 600 $1,000 Model Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Model Lease Information
Model Price Range
- $975 - $1,000
Deposit
- $1,000 deposit
Unit 7501-101 Amenities and Features
Kitchen
- Range
- Refrigerator
Unit 7501-101 Lease Information
Unit Price
- $1,000
Deposit
- $1,000 deposit
Unit Description
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.*
Model Rent and Fees
Model Price Range
- $975 - $1,000
Unit 7501-A Gallery
Photos
Unit 7501-A Amenities and Features
Kitchen
- Range
- Refrigerator
Unit 7501-A Lease Information
Unit Price
- $975
Deposit
- $975 deposit
Unit Description
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.*
Model Rent and Fees
Model Price Range
- $975 - $1,000
Unit 7515-204 Gallery
Photos
Unit 7515-204 Amenities and Features
Kitchen
- Range
- Refrigerator
Unique Features
- Free onsite parking
Unit 7515-204 Lease Information
Unit Price
- $1,000
Deposit
- $1,000 deposit
Unit Description
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.*
Model Rent and Fees
Model Price Range
- $975 - $1,000
Apartment Unit: 7501-101Apartment Model: 1BR/1.0BA$1,0001 Bedroom, 1 Bath, 600 sq ftAvailable November 1, 2025Apartment Unit: 7501-AApartment Model: 1BR/1.0BA$9751 Bedroom, 1 Bath, 600 sq ftAvailable December 1, 2025![]()
Unit: 7501-A - Image 1 ![]()
Unit: 7501-A - Image 2 ![]()
Unit: 7501-A - Image 3 ![]()
Unit: 7501-A - Image 4 ![]()
Unit: 7501-A - Image 5 Apartment Unit: 7515-204Apartment Model: 1BR/1.0BA$1,0001 Bedroom, 1 Bath, 600 sq ftAvailable January 1, 2026![]()
Unit: 7515-204 - Image 1 ![]()
Unit: 7515-204 - Image 2 ![]()
Unit: 7515-204 - Image 3 ![]()
Unit: 7515-204 - Image 4 ![]()
Unit: 7515-204 - Image 5
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Property Information
- 11 Units
- 2 Stories
- Built in 1959
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Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
Other Fees
Personal Add-Ons
- Application Fee Per Applicant$40
Pet Policy and Fees
Cats
- $20 Monthly Pet Rent
Parking Info and Fees
- Surface Lot
- 1 Max
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Features and Amenities
Interior Features
- Windows
- Storage Space
Kitchen Amenities
- Eat In Kitchen
- Kitchen
Living Area Features
- Carpet
- Office
Map
- Shopping
- Colleges
- Grocery
- Medical
- Parks
- Transportation
Map
Getting Around
Walk Score®
58 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
81 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
45 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Penn Apartments
Where is Penn Apartments located?
Penn Apartments is located at 7515 Penn Ave S near the Southwest Richfield area of Richfield, MN
What is the current rent range at Penn Apartments?
1 Bedrooms at Penn Apartments currently start from $975. Call today for more info!
Are pets allowed?
Call us today to find out our pet policy and if we allow pets
Renters Reviews and Ratings
Great Value and Location – A Hidden Gem in Richfield
May 28, 2025Living at Penn Apartments has been a great experience. The building is clean, quiet, and feels very secure. The management team has been super responsive and helpful whenever I’ve had questions or maintenance requests. I really appreciate how easy it is to get around, it's close to public transportation, grocery stores, and just a short drive to Minneapolis. The apartment itself was in great condition when I moved in, with updated finishes and lots of natural light. It’s a great value for the ...area, especially considering how tough it can be to find affordable housing in Richfield. Highly recommend this place if you're looking for a well-run, convenient apartment community.Read MoreReview from Apartments.com
Nearby Schools
Richfield Senior High
Richfield Middle
Sheridan Hills Elementary
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from Penn Apartments.
Arts Museums and Landmarks
Big Box and Retail
Kohl's
Target
Macy's
Colleges and Universities
Groceries
Cub Foods
Aldi
Hospitals
Military Bases
Fort Snelling Military Reservation
Parks and Recreation
Penn Apartments has 5 parks within 9.2 miles, including Powderhorn Park, Lake of the Isles, Cedar Lake, Loring Park, and The Grand Rounds.
Shopping Centers
Penn Apartments has 5 shopping centers within 0.8 miles.
Transit Stations
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Richfield Studio Apartments | $1,441 | $795 | $4,444 |
| Richfield 1 Bedroom Apartments | $1,590 | $895 | $3,865 |
| Richfield 2 Bedroom Apartments | $2,207 | $1,125 | $5,157 |
| Richfield 3 Bedroom Apartments | $2,529 | $1,700 | $3,860 |
| Richfield 4 Bedroom Apartments | $3,599 | $3,599 | $3,599 |
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