Photos
- 1 Bedroom Bedrooms
- $975-$995Plus Fees
- 608Square 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 608 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, 608 sq ftPlus FeesAvailable NowAvailability Details
Price Availability Date Unit Sq Ft Deposit Photos View Details $975 Available Now 7501-101 608 $975 $995 April 1, 2026 7515-203 608 $995 $975 April 1, 2026 7515-204 608 $975 Model Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Model Lease Information
Model Price Range
- $975 - $995Plus Fees
Deposit
- $995 deposit
Unit 7501-101 Gallery
Photos
Unit 7501-101 Amenities and Features
Kitchen
- Range
- Refrigerator
Unit 7501-101 Lease Information
Unit Price
- $975Plus Fees
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 - $995Plus Fees
Unit 7515-203 Gallery
Photos
Unit 7515-203 Amenities and Features
Kitchen
- Range
- Refrigerator
Unit 7515-203 Lease Information
Unit Price
- $995Plus Fees
Deposit
- $995 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 - $995Plus Fees
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
- $975Plus Fees
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 - $995Plus Fees
Apartment Unit: 7501-101Apartment Model: 1BR/1.0BA$9751 Bedroom, 1 Bath, 608 sq ftAvailable Now![]()
Unit: 7501-101 - Image 1 ![]()
Unit: 7501-101 - Image 2 ![]()
Unit: 7501-101 - Image 3 ![]()
Unit: 7501-101 - Image 4 Apartment Unit: 7515-203Apartment Model: 1BR/1.0BA$9951 Bedroom, 1 Bath, 608 sq ftAvailable April 1, 2026![]()
Unit: 7515-203 - Image 1 ![]()
Unit: 7515-203 - Image 2 ![]()
Unit: 7515-203 - Image 3 ![]()
Unit: 7515-203 - Image 4 ![]()
Unit: 7515-203 - Image 5 Apartment Unit: 7515-204Apartment Model: 1BR/1.0BA$9751 Bedroom, 1 Bath, 608 sq ftAvailable April 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 listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.
Required Fees
One-Time Move-In Fees
- Due at Application
- Application Fee Per ApplicantiCharged per applicant$40
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
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 | $1,451 | $825 | $1,894 |
| Richfield 1 Bedroom Apartments | $1,523 | $650 | $2,855 |
| Richfield 2 Bedroom Apartments | $1,999 | $1,065 | $5,095 |
| Richfield 3 Bedroom Apartments | $2,455 | $1,511 | $4,301 |
| Richfield 4 Bedroom Apartments | $2,312 | $1,640 | $3,399 |
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