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Highlights

  • On-site laundry facilities
  • Most utilities included
  • 24-hour maintenance service
  • Friendly and responsive staff
  • Wifi/internet

Location

7427 Penn Ave S, Richfield, MN 55423, USA|Southwest Richfield
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Floor plans

1BR/1.0BA1 bed1 bathYour Home, Our Priority! Discover comfort, convenience, and exceptional value in our 1-bedroom apartments at BestPenn Apartments. Ideally located at 74th Street and Penn Avenue South, you are just steps from shopping, popular dining spots, gyms, and the bus line. Enjoy quick freeway access to Downtown Minneapolis, Edina, Bloomington, and the Mall of America. Residents enjoy: Friendly and responsive staff 24-hour maintenance service Flexible rental agreements Most utilities included (except electric) On-site laundry facilities Convenient online portal for rent payments and maintenance requests Life at BestPenn Apartments is designed to be simple and stress-free. Schedule a personal tour today and see why BestPenn Apartments is the perfect place to call home! Utilities Included in Rent Gas Water Sewer Garbage/Recycling Utilities Paid by Resident Electric Wifi/Internet Lease Options 12-Month Lease Month-to-Month Lease (+$100 monthly fee) Rental criteria can be found here: srmprop. com apply-now
3BR/1.0BA3 bed1 bath1,100 sqftBeautiful 3 bd 1 ba apartment available for March! Monthly rent= $1,475

Available rentals nearby

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Bristol Village

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West Bloomington • 7301 Bristol Village Dr

2 Beds

$1,875–$2,125

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Edina • 4910 77th St W

1 Bed

$1,843–$2,718

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West Bloomington • 7300 Bristol Village Dr

2 Beds

$1,995

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Concierge

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Southwest Richfield • 7620 Penn Ave S

1 Bed

$1,160–$1,489

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Parkview Apartments

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1955 W Old Shakopee Rd

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$1,225

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The Fenley

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South Loop • 8051 33rd Ave S

1–3 Beds

$1,395–$4,768

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Carbon31

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South Loop • 8100 31st Ave S

1–2 Beds

$1,381–$9,156

featured image of 10310 Devonshire Rd

Devonshire Apartments

Our team has verified this company

10310 Devonshire Rd

1–2 Beds

$1,392–$2,558

featured image of 7301 Bristol Village Dr

Bristol Village

Our team has verified this company

West Bloomington • 7301 Bristol Village Dr

2 Beds

$1,875–$2,125

featured image of 4910 77th St W

Edina • 4910 77th St W

1 Bed

$1,843–$2,718

featured image of 7300 Bristol Village Dr

Bristol Village Apartments

Our team has verified this company

West Bloomington • 7300 Bristol Village Dr

2 Beds

$1,995

featured image of 7620 Penn Ave S

Concierge

Our team has verified this company

Southwest Richfield • 7620 Penn Ave S

1 Bed

$1,160–$1,489

featured image of 1955 W Old Shakopee Rd

Parkview Apartments

Our team has verified this company

1955 W Old Shakopee Rd

1 Bed

$1,225

featured image of 8051 33rd Ave S

The Fenley

Our team has verified this company

South Loop • 8051 33rd Ave S

1–3 Beds

$1,395–$4,768

featured image of 8100 31st Ave S

Carbon31

Our team has verified this company

South Loop • 8100 31st Ave S

1–2 Beds

$1,381–$9,156

featured image of 10310 Devonshire Rd

Devonshire Apartments

Our team has verified this company

10310 Devonshire Rd

1–2 Beds

$1,392–$2,558

Rent trends in Southwest Richfield

Median rents as of Jul 25 2026.
Southwest Richfield
Richfield
A table of 1-bedroom apartment rental data trends in Richfield
MonthMedian Rent
August 2024$1,103
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$1,527
July 2026$1,407
A table of 1-bedroom apartment rental data trends in Southwest Richfield
MonthMedian Rent
August 2024$1,086
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$1,020
July 2026$1,007

Schools near BestPenn Apartments

Central Education Center: Preschool

7145 harriet ave s

richfield, MN, 55423

PKPublic

Central Education Center: ECSE

7145 harriet ave s

richfield, MN, 55423

PKPublic

New Code Academy Elementary

1350 west 106th street

bloomington, MN, 55431

K-5Public
B-

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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Internet available near BestPenn Apartments

Getting around Richfield near 7427 Penn Ave S

Walking

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

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

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

Points of interest for 7427 Penn Ave S, Richfield

Groceries

5/10
At least one grocery store within a 30-minute walk

Shopping

7/10
Variety of shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

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

2/10
Few or no bars within walking distance

Explore the area around 7427 Penn Ave S

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
Cub
6775 York Ave S

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