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BestPenn Apartments delivers strong overall value with an 8.4/10 expert rating, highlighted by excellent amenities, competitive pricing, and a highly convenient location. Residents benefit from most utilities included, on-site laundry, high-speed internet, 24-hour maintenance, and a responsive staff, making it especially appealing for those who work from home. Its proximity to several top-rated schools and strong scores for quality and trustworthiness further underscore its attractiveness for a wide range of renters.
Things you’ll love
Elementary school nearbyHigh school nearbyMiddle school nearbyGreat for
Work-from-home| 1BR/1.0BA | 1 bed | 1 bath | $999 /mo | 1 unit available | Your 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 |
Let's explore this property.
Apartment Amenities
| Utilities Included |
One-time.
One-time. Refundable.
| Units | 21 |
|---|
Your 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
How BestPenn Apartments compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at BestPenn Apartments cost about 3% less than the average rent price for 1-bedroom apartments in Southwest Richfield.
| Month | Median Rent |
|---|---|
| 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 |
| January 2026 | $1,107 |
| February 2026 | $1,167 |
| March 2026 | $1,216 |
| April 2026 | $1,207 |
| May 2026 | $1,442 |
| Month | Median Rent |
|---|---|
| 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 |
| January 2026 | $1,100 |
| February 2026 | $1,161 |
| March 2026 | $1,212 |
| April 2026 | $1,136 |
| May 2026 | $1,025 |
Can I afford to live at 7427 Penn Ave S?
Bedrooms
1 bedroomRent-to-income ratio
30%
$39,960/yr
7145 harriet ave s
richfield, MN, 55423
7145 harriet ave s
richfield, MN, 55423
1350 west 106th street
bloomington, MN, 55431
6400 sheridan ave s
richfield, MN, 55423
4510 west 77th street
edina, MN, 55435
Loring Park • 1254 Hennepin Avenue
Studio–2 Beds
$1,100–$2,300
Merriam Park East • 455 Snelling Ave N
Studio–3 Beds
$1,163–$1,808
Southwest Richfield • 7620 Penn Ave S
1–2 Beds
$1,127–$2,320
Snelling Hamline • 304 Snelling Ave N
Studio–2 Beds
$1,100–$1,863
Roseville • 1760 North Fernwood Street
1–2 Beds
$1,080–$1,200
Snelling Hamline • 1397 Portland Avenue
2 Beds
$1,195
Downtown West • 115 2nd Ave S
Studio–1 Bed
$1,122–$1,345
Loring Park • 1254 Hennepin Avenue
Studio–2 Beds
$1,100–$2,300
Merriam Park East • 455 Snelling Ave N
Studio–3 Beds
$1,163–$1,808
Southwest Richfield • 7620 Penn Ave S
1–2 Beds
$1,127–$2,320
Snelling Hamline • 304 Snelling Ave N
Studio–2 Beds
$1,100–$1,863
Roseville • 1760 North Fernwood Street
1–2 Beds
$1,080–$1,200
Snelling Hamline • 1397 Portland Avenue
2 Beds
$1,195
Downtown West • 115 2nd Ave S
Studio–1 Bed
$1,122–$1,345
