1 Day Ago
Location
7527 Penn Ave S #1, Minneapolis, MN 55423, USA|Southwest Richfield
Tour 7527 Penn Ave S #1
Contact
Thor Christensen
Nearby rentals
Renter hub
Property management
Apartments for rent MinneapolisApartments for rent St. PaulApartments for rent PlymouthApartments for rent BloomingtonApartments for rent River FallsApartments for rent New RichmondApartments for rent White Bear LakeApartments for rent White Bear LakeApartments for rent St. Louis ParkApartments for rent Maple GroveApartments for rent Brooklyn Park - Maple GroveApartments for rent Plymouth - WayzataApartments for rent EaganApartments for rent RosevilleApartments for rent RosevilleApartments Near Me
Houses for rent MinneapolisHouses for rent St. PaulHouses for rent PlymouthHouses for rent RosevilleHouses for rent EdinaHouses for rent EaganHouses for rent Saint PeterHouses for rent HopkinsHouses for rent BloomingtonHouses for rent Columbia HeightsHouses for rent St. Louis ParkHouses for rent MinnetonkaHouses for rent Maple GroveHouses for rent RichfieldHouses for rent StillwaterHouses for rent near me
Property Overview
Conveniently located in Minneapolis, this home offers easy access to nearby amenities and urban conveniences while providing a practical living setup. It may appeal to buyers seeking a low-maintenance residence with straightforward functionality and features that support comfortable everyday living.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- Elementary school nearby
- High school nearby
Great for
Pet owners
Amenities for 7527 Penn Ave S #1, Southwest Richfield
Apartment Amenities
| Air Conditioning | Utilities Included |
Grounds
| Outdoor Space |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 1+ month |
|---|
Advertisement
About 7527 Penn Ave S #1
1 BR / 1 BA apartment in the heart of Richfield. Close to shopping and on a bus line. Heat, water and sewer are included. Month to month lease with two-month notice of termination. $250.00 move in fee. Description AVAILABLE 7/1/2026. Charming one-bedroom, one-bath unit available in an apartment building. Great room layout. Freshly painted interior. $995.00 monthly rent. One month security deposit. No broker fees! This property is managed by a responsible landlord using Innago. com landlord software. (pictures are general apartment pictures for the building). QUALIFICATION STANDARDS: · Applicant(s) must have valid government-issued photo identification and a valid social security number. · Applicant(s) total monthly gross household income must exceed three times the rent. All income must be from a verifiable source. · Applicant(s) is/are subject to landlord reference check dating back as many as 5 years. · Applicant(s) may not have any evictions or unpaid judgments from previous landlords. · Applicant(s) credit score should be a minimum of 650. · All occupants over 18 must submit a separate application. · A background check will be conducted on all applicants over 18. · Applicant(s) must be a non-smoker. · Occupancy is limited to 2 people per bedroom or as allowed by law. TERMS: · Move in date – 7/1/26 · Month-to-month lease with a two-month notice if you decide to move out. · Rent - $995.00 · Move in fee - $250.00. · Security deposit - $995.00. · Pets are not permitted unless there is an agreement in writing. · Renters insurance is required for your entire tenancy. · Water/sewer/heat/natural gas are the only utilities included in the rent.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 7527 Penn Ave S #1 compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.1 mile away
- Elementary school nearby
- There is an elementary school 0.1 mile away
- High school nearby
- There is a high school 0.1 mile away
Address details
| Neighborhood | Southwest Richfield |
|---|---|
| Zip code | 55423 |
| Type | Apartment for rent |
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Southwest Richfield
1-bedroom apartments at 7527 Penn Ave S #1 cost about 2% less than the average rent price for 1-bedroom apartments in Richfield.
Median rents as of Jun 13 2026.
Southwest Richfield
Richfield
| Month | Median Rent |
|---|---|
| June 2024 | $1,120 |
| July 2024 | $1,142 |
| August 2024 | $1,102 |
| September 2024 | $1,104 |
| October 2024 | $1,077 |
| November 2024 | $1,094 |
| December 2024 | $1,539 |
| January 2025 | $1,304 |
| February 2025 | $1,303 |
| March 2025 | $1,253 |
| April 2025 | $1,136 |
| May 2025 | $1,146 |
| June 2025 | $1,178 |
| July 2025 | $1,246 |
| August 2025 | $1,195 |
| September 2025 | $1,145 |
| October 2025 | $1,218 |
| November 2025 | $1,132 |
| December 2025 | $1,159 |
| January 2026 | $1,107 |
| February 2026 | $1,167 |
| March 2026 | $1,216 |
| April 2026 | $1,207 |
| May 2026 | $1,446 |
| June 2026 | $1,583 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,115 |
| July 2024 | $1,089 |
| August 2024 | $1,087 |
| September 2024 | $1,055 |
| October 2024 | $1,063 |
| November 2024 | $1,080 |
| December 2024 | $1,000 |
| January 2025 | $1,067 |
| February 2025 | $1,078 |
| March 2025 | $1,081 |
| April 2025 | $1,063 |
| May 2025 | $1,121 |
| June 2025 | $1,115 |
| July 2025 | $1,266 |
| August 2025 | $1,197 |
| September 2025 | $1,144 |
| October 2025 | $1,223 |
| November 2025 | $1,130 |
| December 2025 | $1,158 |
| January 2026 | $1,100 |
| February 2026 | $1,161 |
| March 2026 | $1,212 |
| April 2026 | $1,136 |
| May 2026 | $1,044 |
| June 2026 | $1,032 |
Affordability calculator
Can I afford to live at 7527 Penn Ave S #1?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$39,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $39,800 annually to afford this 1-bedroom monthly rent price of $995.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| This month | $995 |
Schools near 7527 Penn Ave S #1
New Code Academy Elementary
1350 west 106th street
bloomington, MN, 55431
K-5Public
B-
Central Education Center: ECSE
7145 harriet ave s
richfield, MN, 55423
PKPublic
Central Education Center: Preschool
7145 harriet ave s
richfield, MN, 55423
PKPublic
Sheridan Hills Elementary School
6400 sheridan ave s
richfield, MN, 55423
PK, K-5Public
B-
Prairie Care Edina - Php
4510 west 77th street
edina, MN, 55435
K-12Public
Advertisement
Internet available near 7527 Penn Ave S #1
Getting around Minneapolis near 7527 Penn Ave S #1
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 7527 Penn Ave S #1, Minneapolis
Groceries
6/10
At least one supermarket within a 20-minute walk
Shopping
6/10
Several shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
3/10
Some bars within walking distance
Explore the area around 7527 Penn Ave S #1
Fresh Thyme Market
2100 W 80 1/2 St
ALDI
860 W 78th St
Groceries of the Orient
7520 Lyndale Ave S
Whole Foods Market
7401 France Ave S
SpartanNash
7600 France Ave S
Kohl's
7931 Southtown Ctr
Target
2555 W 79th St
Famous Footwear
7985 Southtown Ctr
T.J. Maxx
7982 Southtown Center
Schuler Shoes
7993 Southtown Ctr
Caribou Coffee
7601 Penn Ave S
Starbucks
2555 W 79th St
Caribou Coffee
7950 Penn Ave S
Tii Cup
760 W 78th St
Jamba
7511 France Ave S
Applebee's Grill + Bar
7901 1/2 Southtown Ctr
Lucky's 13 Pub
1800 American Blvd W
AMF Southtown Lanes
7941 Southtown Ctr
Cowboy Jack's
2801 Southtown Dr
Chino Latino
7601 Aldrich Ave S
Humanetics Corporation
7650 Edinborough Way
SpartanNash
7600 France Ave S
Williams-Sonoma
3512 Galleria
Aminorganix Corp
3800 American Blvd W
The Vitamin Shoppe
6996 France Ave S
Donaldson Park
Adams Hill Park
Playground
Fremont Park
Yorktown Park
Caribou Coffee
7601 Penn Ave S
Bruegger's Bagels
7801 Southtown Ctr
Panda Express
7823 Southtown Ctr
Subway
7807 Southtown Ctr
Chick-fil-A
2500 W 79th St
76th St W & Oliver Av S
Penn Ave S & 75th St W
Penn Ave S & 76th St W
,
76th St W & Penn Ave S
,
Penn Ave S & Best Buy
,
Mall of America Station
METRO Blue Line
Mall of America Crossing
METRO Blue Line
Mall of America Crossing
METRO Blue Line
30th Ave Station
METRO Blue Line
30th Ave Station
METRO Blue Line
Compare similar properties nearby
Laurel Village Apartments
Our team has verified this companyLoring Park • 1254 Hennepin Avenue
Studio–2 Beds
$1,100–$2,300
- dogs and cats ok
- fitness center
- air conditioning
Pivot Apartments
Our team has verified this companyMerriam Park East • 455 Snelling Ave N
Studio–3 Beds
$1,066–$1,686
- dogs and cats ok
- fitness center
- air conditioning
- dogs and cats ok
- fitness center
- air conditioning
- dogs and cats ok
- fitness center
- air conditioning
- dogs and cats ok
- fitness center
- air conditioning
Wellington Apartments
Our team has verified this companyPlymouth - Wayzata • 17210 County Road 6
1 Bed
$1,205
- dogs and cats ok
- fitness center
- air conditioning
- dogs and cats ok
- fitness center
- air conditioning
The Link Minneapolis Low-Rise
Our team has verified this companyProspect Park • 2900 4th St Se
Studio–1 Bed
$1,279–$1,649
- dogs and cats ok
- fitness center
- air conditioning
Laurel Village Apartments
Our team has verified this companyLoring Park • 1254 Hennepin Avenue
Studio–2 Beds
$1,100–$2,300
- dogs and cats ok
- fitness center
- air conditioning
Pivot Apartments
Our team has verified this companyMerriam Park East • 455 Snelling Ave N
Studio–3 Beds
$1,066–$1,686
- dogs and cats ok
- fitness center
- air conditioning
- dogs and cats ok
- fitness center
- air conditioning
- dogs and cats ok
- fitness center
- air conditioning
- dogs and cats ok
- fitness center
- air conditioning
Wellington Apartments
Our team has verified this companyPlymouth - Wayzata • 17210 County Road 6
1 Bed
$1,205
- dogs and cats ok
- fitness center
- air conditioning
- dogs and cats ok
- fitness center
- air conditioning
The Link Minneapolis Low-Rise
Our team has verified this companyProspect Park • 2900 4th St Se
Studio–1 Bed
$1,279–$1,649
- dogs and cats ok
- fitness center
- air conditioning
Check availability
Advertisement