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Halverson and Blaiser Group, LTD
Penn Station Apartments offers a balanced mix of features, with a notable expert rating and identified pros that may appeal to renters seeking a well-regarded option. The property’s strengths and notable features suggest a solid overall rental experience with several appealing qualities.
Things you’ll love
Elementary school nearbyMiddle school nearbyDishwasherGreat for
Wellness
Social life
Pet owners| 2 Bedroom (5060) | 2 bed | 1 bath | 993+ sqft | $1,277 /mo | 12 units available | Penn Station Affordable Apartments, 2 Bedroom, Richfield, MN | |
| 2 Bedroom (6060) | 2 bed | 1 bath | 1,007 sqft | $1,401 /mo | 2 units available | Penn Station Affordable Apartments, 2 Bedroom, Richfield, MN | |
| 3 Bedroom (5060) | 3 bed | 2 bath | 1,374 sqft | $1,475 /mo | 4 units available | Penn Station Affordable Apartments, 3 Bedroom, Richfield, MN | |
| 3 Bedroom (6060) | 3 bed | 2 bath | 1,374 sqft | $1,618 /mo | 4 units available | Penn Station Affordable Apartments, 3 Bedroom, Richfield, MN | |
| 4 Bedroom (5060) | 4 bed | 2 bath | 1,352 sqft | $1,640 /mo | 2 units available | Penn Station Affordable Apartments, 4 Bedroom, Richfield, MN | |
| 4 Bedroom (6060) | 4 bed | 2 bath | 1,352 sqft | $1,800 /mo | 2 units available | Penn Station Affordable Apartments, 4 Bedroom, Richfield, MN |
Let's explore this property.
Building
| Cats OK | Dogs OK |
One-time.
One-time. Refundable.
One-time. 2 cats max. Refund Policy: $400.00.
Monthly. Refund Policy: Non-refundable.
One-time. 2 dogs max. Refund Policy: $400.00.
Monthly. Refund Policy: Non-refundable.
Questions about this property’s policies and fees?
| Units | 42 |
|---|
A Fresh Approach to Affordable LivingWelcome to Penn Station Apartments, a thoughtfully designed new affordable housing community located at 6501 Penn Avenue South. Penn Station will feature 42 one-, two-, three-, and four-bedroom apartment homes designed for individuals and families seeking quality, comfort, and convenience at an affordable price. Penn Station brings a modern approach to affordable housing, with contemporary interiors including in-unit washer and dryer, a private balcony, granite countertops, and soft-close cabinet doors and drawers. Beyond your front door, residents can enjoy a wide range of amenities designed for wellness, connection, work, play, and convenience. Stay active in the fitness center, spend time with neighbors in the community room, give children space to play in the indoor play area, or take advantage of dedicated bike storage, a business center, package and mail areas, resident storage, and heated underground parking.
How Penn Station Apartments compares to other nearby properties.
Positives
Considerations
If you decide to upgrade your space, you can expect 2-bedrooms at Penn Station Apartments to be 41% less than the average for similarly sized apartments in Northwest Richfield.
3-bedroom apartments at Penn Station Apartments cost about 39% less than the average rent price for 3-bedroom apartments in Northwest Richfield.
4-bedroom apartments at Penn Station Apartments cost about 34% less than the average rent price for 4-bedroom apartments in Northwest Richfield.
| Month | Median Rent |
|---|---|
| October 2024 | $1,245 |
| November 2024 | $1,243 |
| December 2024 | $1,268 |
| January 2025 | $1,313 |
| February 2025 | $1,335 |
| March 2025 | $1,293 |
| April 2025 | $1,275 |
| May 2025 | $1,332 |
| June 2025 | $1,332 |
| July 2025 | $1,264 |
| August 2025 | $1,315 |
| September 2025 | $1,345 |
| October 2025 | $1,427 |
| November 2025 | $1,431 |
| December 2025 | $1,412 |
| January 2026 | $1,415 |
| February 2026 | $1,367 |
| March 2026 | $1,381 |
| April 2026 | $1,428 |
| May 2026 | $1,441 |
| June 2026 | $1,462 |
| July 2026 | $1,430 |
| August 2026 | $1,402 |
| September 2026 | $1,444 |
| October 2026 | $1,425 |
| Month | Median Rent |
|---|---|
| October 2024 | $1,232 |
| November 2024 | $1,236 |
| December 2024 | $1,256 |
| January 2025 | $1,315 |
| February 2025 | $1,349 |
| March 2025 | $1,305 |
| April 2025 | $1,275 |
| May 2025 | $1,347 |
| July 2025 | $1,295 |
| December 2025 | $1,502 |
| January 2026 | $1,483 |
| February 2026 | $1,394 |
| March 2026 | $1,417 |
| April 2026 | $1,463 |
| May 2026 | $1,462 |
| June 2026 | $1,472 |
| July 2026 | $1,430 |
| August 2026 | $1,403 |
| September 2026 | $1,444 |
| October 2026 | $1,435 |
Can I afford to live at 6501 Penn Ave S?
Bedrooms
Rent-to-income ratio
30%
$53,560/yr
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Oak Hill • 7400 Oak Park Village Dr
1–3 Beds
$1,440–$2,405
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.
Merriam Park East • 455 Snelling Ave N
1–3 Beds
$1,643–$3,203
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.Loring Park • 1254 Hennepin Avenue
1–2 Beds
$1,300–$2,300
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.1955 W Old Shakopee Rd
1 Bed
$1,225
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.Highland • 845 Cleveland Avenue South
1–2 Beds
$1,199–$1,850
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.1505 E Burnsville Pkwy
1–3 Beds
$1,349–$3,709
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.CARAG • 3535 Bryant Ave S
1–2 Beds
$1,425–$1,765
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.Snelling Hamline • 304 Snelling Ave N
1–2 Beds
$1,487–$2,059
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.Oak Hill • 7400 Oak Park Village Dr
1–3 Beds
$1,440–$2,405
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.Merriam Park East • 455 Snelling Ave N
1–3 Beds
$1,643–$3,203
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.Loring Park • 1254 Hennepin Avenue
1–2 Beds
$1,300–$2,300
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.1955 W Old Shakopee Rd
1 Bed
$1,225
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.Highland • 845 Cleveland Avenue South
1–2 Beds
$1,199–$1,850
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.1505 E Burnsville Pkwy
1–3 Beds
$1,349–$3,709
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.CARAG • 3535 Bryant Ave S
1–2 Beds
$1,425–$1,765
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.Snelling Hamline • 304 Snelling Ave N
1–2 Beds
$1,487–$2,059
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.
