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Updated 5+ Days Ago

Highlights

  • Off-street parking
  • Professionally managed
  • Stainless steel kitchen appliances
  • Luxury vinyl plank flooring
  • Spacious floor plan
  • Ample closet and storage space

Location

7533 Penn Ave S #5, Minneapolis, MN 55423, USA|Southwest Richfield

Amenities for 7533 Penn Ave S #5, Southwest Richfield

Apartment Amenities

Air ConditioningCarpet

Grounds

Outdoor SpaceStorage

Services

On-Site Management
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.

Building details

Property details

Lease terms1+ month

About 7533 Penn Ave S #5

HomeApartments in RichfieldSouthwest Richfield 7533 Penn Ave S #5, Minneapolis, MN 55423, USA

**7533 Penn Avenue South, Richfield, MN 55423** Welcome home to this newly renovated apartment in the heart of Richfield! Conveniently located just minutes from shopping, restaurants, parks, schools, and major highways, this apartment offers the perfect combination of comfort, style, and convenience. Whether you're commuting to downtown Minneapolis, the airport, or the Mall of America, you'll appreciate the central location and easy access to public transportation. Apartment Features * Brand new luxury vinyl plank (LVP) flooring * New plush carpeting in bedrooms * Freshly painted throughout with modern, neutral colors * Updated lighting fixtures for a bright, contemporary feel * Stainless steel kitchen appliances * Spacious floor plan with abundant natural light * Ample closet and storage space Community Features * Secure building with combination door locks for convenient, key-free entry * Security cameras throughout the building for added peace of mind * Professionally managed with responsive maintenance and attentive customer service * Well-maintained property and common areas * Off-street parking available Prime Richfield Location Enjoy living in one of Richfield's most convenient neighborhoods! You'll be close to: * Shopping and grocery stores * Restaurants and coffee shops * Public transportation * Parks and walking trails * Easy access to I-494, Highway 62, and I-35W * Minneapolis–Saint Paul International Airport * Mall of America * Downtown Minneapolis This beautifully updated apartment offers modern finishes, enhanced security, and professional management—all in a convenient location you'll love. **Schedule your tour today and see why 7533 Penn Avenue South is the perfect place to call home!**


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 7533 Penn Ave S #5 compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.1 miles away
Elementary school nearby
There is an elementary school 0.1 miles away
High school nearby
There is a high school 0.1 miles away
Extra storage
In-unit features

Address details

NeighborhoodSouthwest Richfield
Zip code55423
TypeApartment for rent

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Available rentals nearby

featured image of 7620 Penn Ave S

Concierge

Our team has verified this company

Southwest Richfield • 7620 Penn Ave S

1 Bed

$1,095–$1,376

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
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Northwest Richfield • 6237 Pleasant Ave

1 Bed

$1,133

Total Monthly Price. The price shown reflects a 10-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 5531 Washburn Ave S

Armatage • 5531 Washburn Ave S

1 Bed

$1,050–$1,490

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 9100 9110/9 Lyndale Ave S

9100 9110/9 Lyndale Ave S

1 Bed

$1,075

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 1930 E 86th St

South Loop • 1930 E 86th St

1 Bed

$999–$1,186

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
featured image of 8680 Old Cedar Ave S

8680 Old Cedar Ave S

1 Bed

$1,068

Total Monthly Price. The price shown reflects a 12-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 9045 9005/9015/9025/9045 Cedar Ave S

South Loop • 9045 9005/9015/9025/9045 Cedar Ave S

1 Bed

$1,135

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 631 E 77th St

Southeast Richfield • 631 E 77th St

1 Bed

$1,134

Total Monthly Price. The price shown reflects a 10-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 7620 Penn Ave S

Concierge

Our team has verified this company

Southwest Richfield • 7620 Penn Ave S

1 Bed

$1,095–$1,376

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
featured image of 6237 Pleasant Ave

Northwest Richfield • 6237 Pleasant Ave

1 Bed

$1,133

Total Monthly Price. The price shown reflects a 10-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 5531 Washburn Ave S

Armatage • 5531 Washburn Ave S

1 Bed

$1,050–$1,490

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 9100 9110/9 Lyndale Ave S

9100 9110/9 Lyndale Ave S

1 Bed

$1,075

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 1930 E 86th St

South Loop • 1930 E 86th St

1 Bed

$999–$1,186

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
featured image of 8680 Old Cedar Ave S

8680 Old Cedar Ave S

1 Bed

$1,068

Total Monthly Price. The price shown reflects a 12-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 9045 9005/9015/9025/9045 Cedar Ave S

South Loop • 9045 9005/9015/9025/9045 Cedar Ave S

1 Bed

$1,135

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 631 E 77th St

Southeast Richfield • 631 E 77th St

1 Bed

$1,134

Total Monthly Price. The price shown reflects a 10-month lease and includes base rent and all known required monthly fees, based on information provided by the property.

Rent trends in Southwest Richfield

1-bedroom apartments at 7533 Penn Ave S #5 cost about 5% less than the average rent price for 1-bedroom apartments in Richfield.

Median rents as of Oct 31 2026.
Southwest Richfield
Richfield
A table of 1-bedroom apartment rental data trends in Richfield
MonthMedian Rent
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$1,527
July 2026$1,407
August 2026$1,399
September 2026$1,237
October 2026$1,592
A table of 1-bedroom apartment rental data trends in Southwest Richfield
MonthMedian Rent
November 2024$1,084
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$1,020
July 2026$1,007
August 2026$1,008
September 2026$1,031
October 2026$1,054

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 7533 Penn Ave S, Richfield, MN.
4 months ago$995

Schools near 7533 Penn Ave S #5

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
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Getting around Minneapolis near 7533 Penn Ave S #5

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 7533 Penn Ave S #5, Minneapolis

Groceries

7/10
Wide variety of groceries within a short drive, including some within walking distance

Shopping

8/10
Wide variety of shops within a short drive, including some within walking distance

Cafes

7/10
Wide variety of cafés within a short drive, including some within walking distance

Restaurants

7/10
Wide variety of restaurants within a short drive, including some within walking distance

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

7/10
Wide variety of bars within a short drive, including some within walking distance

Explore the area around 7533 Penn Ave S #5

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

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