Penn Apartments

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7515 Penn Ave S, Richfield, MN 55423
(763) 324-9029
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Penn Apartments

7515 Penn Ave S
Richfield, MN 55423
(763) 324-9029
Penn Apartments in Richfield, MN - Building Photo
  • 1 Bedroom Bedrooms
  • $975–$1,025Rent Pricing
  • 650Square 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 650 sq ft. Here is the current pricing and availability:

    • 1 Bedroom

      From $975

      1BR/1.0BA

      1 Bed, 1 Bath, 650 sq ftAvailable Now

      Availability Details

      PriceAvailability DateUnitSq FtDepositPhotosView Details
      $1,000Available Now7515-103650$1,000
      $975 August 15, 20257501-C650$975
      $1,025 September 1, 20257515-104650$1,025

      Model Amenities and Features

      Features

      • High Speed Internet Access
      • Smoke Free

      Model Rent and Fees

      Price Range

      • $975 - $1,025

      Rent Pricing

      • $975 - $1,025

      Deposit

      • $1,025 deposit

      Unit 7515-103 Amenities and Features

      Features

      • High Speed Internet Access
      • Smoke Free

      Unit 7515-103 Rent and Fees

      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

      Price

      • $975 - $1,025

      Unit 7501-C Amenities and Features

      Features

      • High Speed Internet Access
      • Smoke Free

      Unit 7501-C Rent and Fees

      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

      Price

      • $975 - $1,025

      Unit 7515-104 Amenities and Features

      Features

      • High Speed Internet Access
      • Smoke Free

      Unit 7515-104 Rent and Fees

      Price

      • $1,025

      Deposit

      • $1,025 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

      Price

      • $975 - $1,025
    Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

    Schedule a Tour

    Schedule a Tour
    Call us at: (763) 324-9029 to schedule a tour.

    Property Information

    • 11 Units
    • 2 Stories
    • Built in 1959

    Pet Policy

    Pet Policy - Cats

    • $20 Monthly Pet Rent
    • $300 Deposit

    Parking Fees & Info

    Parking Surface

    • 1 Space.

    Fee & Deposit Info

    One-Time Fees

    • $40 Application Fee

    Features and Amenities

    Interior Features

    • Windows
    • Storage Space

    Kitchen Amenities

    • Kitchen
    • Eat In Kitchen

    Living Area Features

    • Carpet
    • Office
    Google Map

    Map

    7515 Penn Ave S, Richfield, MN 55423

    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

    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

    Lifestyle Ratings

    • Cost Per Sq.Ft. 3.0

      The Cost Per Square Foot rating shows you the average cost per square foot for floorplans at this community in relation to the local average.

    Learn more about Lifestyle Search

    Renters Reviews and Ratings

    4.0
    1 Renters Reviews
    ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

    Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
    • Great Value and Location – A Hidden Gem in Richfield

      May 28, 2025
      Living 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 More
      Review from Apartments.com

    Nearby Schools

    Richfield Senior High

    Richfield Public
    7001 Harriet Avenue
    Public School - Grades 9-12 (1270 Students)
    In Attendance Zone3 minute drive / 1.3 miles away
    4/10

    Richfield Middle

    Richfield Public
    7461 OLIVER AVE S
    Public School - Grades 6-8 (807 Students)
    In Attendance Zone1 minute drive / 0.1 miles away
    3/10

    Sheridan Hills Elementary

    Richfield Public
    6400 SHERIDAN AVE S
    Public School - Grades PK-5 (419 Students)
    In Attendance Zone4 minute drive / 1.4 miles away
    5/10
    School data provided by GreatSchools.
    details
    The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

    About GreatSchools Data on ApartmentHomeLiving.com.

    Points of Interest

    Time and distance from Penn Apartments.

    Arts Museums and Landmarks

    Lake Harriet
    13 minute drive / 6.45 miles away
    821 Marquette Avenue South
    16 minute drive / 7.49 miles away
    900 South 5th Street
    16 minute drive / 7.54 miles away

    Big Box and Retail

    Kohl's
    7931 Southtown Ctr
    1 minute drive / 0.66 miles away
    Target
    2555 W 79th St
    2 minute drive / 0.73 miles away
    Macy's
    100 Southdale Ctr
    3 minute drive / 1.13 miles away

    Colleges and Universities

    9700 France Avenue
    6 minute drive / 2.94 miles away
    910 Elliot Avenue
    15 minute drive / 7.19 miles away
    1501 Hennipen Avenue
    15 minute drive / 7.22 miles away

    Groceries

    Cub Foods
    8421 Garfield St
    5 minute drive / 1.77 miles away
    Lunds & Byerlys
    3945 W 50th St
    6 minute drive / 3.06 miles away
    Aldi
    8595 Columbine Rd
    13 minute drive / 6.5 miles away

    Hospitals

    6401 France Avenue South
    4 minute drive / 1.46 miles away
    6500 Excelsior Blvd
    10 minute drive / 4.7 miles away
    800 East 28th Street
    13 minute drive / 6.13 miles away

    Military Bases

    11 minute drive / 5.49 miles away

    Parks and Recreation

    3400 15th Ave. S
    12 minute drive / 5.63 miles away
    2500 Lake Isles Pkwy. E
    13 minute drive / 6.13 miles away
    Cedar Lake Parkway and Basswood Road
    13 minute drive / 6.17 miles away

    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

    W 69th St & York Ave
    2 minute drive / 0.7 miles away
    3301-3535 Hazelton Rd
    2 minute drive / 0.71 miles away
    7940-7950 Penn Ave S
    2 minute drive / 0.72 miles away

    Penn Apartments has 5 shopping centers within 0.8 miles.

    Transit Stations

    8275 24th Ave S
    7 minute drive / 3.66 miles away
    8162 28th Ave S
    8 minute drive / 3.96 miles away
    3201 E Old Shakopee Rd
    9 minute drive / 4.21 miles away

    Nearby Neighborhoods

    Studio to 3 Bedroom Apartments from $875
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    Studio to 4 Bedroom Apartments from $975
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    Studio to 4 Bedroom Apartments from $945
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    Rental Price Ranges in the Area

    BedroomAverage RentCheapest RentHighest Rent
    Richfield Studio Apartments $1,557$875$8,705
    Richfield 1 Bedroom Apartments $1,762$849$6,529
    Richfield 2 Bedroom Apartments $2,326$1,135$10,000+
    Richfield 3 Bedroom Apartments $2,856$1,685$8,175
    Richfield 4 Bedroom Apartments $2,496$2,496$2,496

    Browse Top Apartments in Richfield

    By Price

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    Viewing: Penn Apartments | Desktop Version | Listing Updated: 07/13/2025 | AHLSLV