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Penn Apartments offers a prime urban location with exceptional convenience to popular amenities and transportation, earning a location rating of 9 out of 10. With a high Zumper expert rating of 8.8 and competitive pricing, this cat-friendly community balances price and value effectively. Notable features include an inviting eat-in kitchen and reserved off-street parking, while its strong ratings in amenities and trustworthiness further underline its appeal as a standout choice for renters.
Things you’ll love
Less expensiveHigh school nearby| 1BR/1.0BA | 1 bed | 1 bath | $950–$975 /mo | 2 units available | 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.* |
Let's explore this property.
Appliances
| Fridge | Range |
| Refrigerator |
One-time.
One-time. Refundable.
| Units | 22 |
|---|
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.*
How Penn Apartments compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at Penn Apartments cost about 16% less than the average rent price for 1-bedroom apartments in Southwest Richfield.
| Month | Median Rent |
|---|---|
| January 2024 | $1,695 |
| February 2024 | $1,206 |
| March 2024 | $1,508 |
| April 2024 | $1,375 |
| May 2024 | $1,249 |
| 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 |
| Month | Median Rent |
|---|---|
| January 2024 | $1,215 |
| February 2024 | $1,173 |
| March 2024 | $1,064 |
| April 2024 | $1,187 |
| May 2024 | $1,249 |
| June 2024 | $1,119 |
| 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 |
Can I afford to live at Richfield?
Bedrooms
1 bedroomRent-to-income ratio
30%
$38,000/yr
7145 harriet ave s
richfield, MN, 55423
6400 sheridan ave s
richfield, MN, 55423
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