Zumper
modified
5+ Days Ago

Highlights

  • Pet friendly
  • One off street parking spot/garage space
  • Lawn care/snow removal
  • Laundry located on property

Location

5433 Penn Ave S, Minneapolis, MN 55419, USA|Armatage
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Contact

Management

UpDown

Leasing office

(844) 311-3497 ext. 8044

Property Overview

5433 Penn Avenue South is highly rated with an overall score of 8 out of 10 from Zumper, reflecting its excellent amenities and competitive pricing. Notable features include pet-friendly policies, off-street parking, and on-site laundry, enhancing convenience for residents. The property is situated in a prime location, with a rating of 9 out of 10, close to top-rated schools and other key amenities, providing a valuable living experience.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.0
Very Good
With a solid 8 out of 10 overall, 5433 Penn Avenue South is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 5433 Penn Avenue South has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space
  • Elementary school nearby

Floor plans

5433 Penn Avenue South - 12 bed1 bath1,200 sqft$1,750 /mo1 unit availableAvailable August 1st! Another listing brought to you by UpDown Property Management. This is a great 2 bedroom/1 bathroom main level of a duplex near the Armatage Neighborhood. One off Street Parking Spot/Garage space included. Laundry located on property. Pet Friendly Landlord Responsibilities: Water/Sewer/Trash Tenant Responsibilities: Electric/Gas Lawn Care/Snow Removal Pre-Approval Costs: $55/18+ Adult for Application and Background Check Payments Due Upon Approval: Security Deposit: One Month Rent: $1750 1st Full Month Rent: $1750 Residential Renter's Insurance:$10.95 One Time Admin Fee: $150

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Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
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About 5433 Penn Avenue South

HomeApartments in MinneapolisArmatage 5433 Penn Avenue South

Available August 1st! Another listing brought to you by UpDown Property Management. This is a great 2 bedroom/1 bathroom main level of a duplex near the Armatage Neighborhood. One off Street Parking Spot/Garage space included. Laundry located on property. Pet Friendly Landlord Responsibilities: Water/Sewer/Trash Tenant Responsibilities: Electric/Gas Lawn Care/Snow Removal Pre-Approval Costs: $55/18+ Adult for Application and Background Check Payments Due Upon Approval: Security Deposit: One Month Rent: $1750 1st Full Month Rent: $1750 Residential Renter's Insurance:$10.95 One Time Admin Fee: $150


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.0
/10
Very Good
With a solid 8 out of 10 overall, 5433 Penn Avenue South is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 5433 Penn Avenue South has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 5433 Penn Avenue South
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
5433 Penn Avenue South stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 5433 Penn Avenue South is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
5433 Penn Avenue South is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 5433 Penn Avenue South does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
5433 Penn Avenue South provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

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 5433 Penn Avenue South compares to other nearby properties.

Positives

More space
The 2-bedroom is 250 sqft larger than other listings nearby
Elementary school nearby
There is an elementary school 0.2 mile away

Considerations

Greater distance from high schools
The nearest high school is farther than 1 mile away

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Rent trends in Armatage

2-bedroom apartments at 5433 Penn Avenue South cost about the same as the average rent price for 2-bedroom apartments in Armatage.

Median rents as of Jan 17 2026.
Armatage
Minneapolis
A table of 2-bedroom apartment rental data trends in Minneapolis
MonthMedian Rent
February 2024$1,895
March 2024$1,887
April 2024$1,842
May 2024$1,895
June 2024$1,919
July 2024$1,840
August 2024$1,924
September 2024$1,885
October 2024$1,826
November 2024$1,780
December 2024$1,800
January 2025$1,784
February 2025$1,759
March 2025$1,726
April 2025$1,694
May 2025$1,690
June 2025$1,678
July 2025$1,676
August 2025$1,722
September 2025$1,719
October 2025$1,733
November 2025$1,729
December 2025$1,693
January 2026$1,715
A table of 2-bedroom apartment rental data trends in Armatage
MonthMedian Rent
July 2024$1,695
August 2024$1,715
October 2024$1,800
March 2025$1,772
July 2025$1,730

Affordability calculator

Can I afford to live at 5433 Penn Ave S?

Bedrooms

2 bedrooms

Rent-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

$70,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $70,000 annually to afford this 2-bedrooms monthly rent price of $1,750.
For more information on rent affordability, visit our rent calculator.

Schools near 5433 Penn Avenue South

Kenny Elementary School

5720 emerson ave s

minneapolis, MN, 55419

K-5Public
A-

MPS Metro SJ

932 east 34th st

minneapolis, MN, 55407

K-12Public

Early Childhood Special Education

3320 elliot ave s

minneapolis, MN, 55407

PK, KPublic
B+

River Bend Educational Center

1510 glenwood ave s

minneapolis, MN, 55405

K-12Public

MPS Metro HA

932 e. 34th st.

minneapolis, MN, 55407

K-12Public
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Internet available near 5433 Penn Avenue South

Getting around Minneapolis near 5433 Penn Ave S

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

4/10
Frequent public transit options are within walking distance.

Points of interest for 5433 Penn Ave S, Minneapolis

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

6/10
Variety of shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

6/10
At least one high school within a 30-minute walk

Parks

9/10
Large amount of park space nearby

Nightlife

4/10
Few or no bars within walking distance

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