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Updated 2 hours ago

511 Penn Ave N


Minneapolis, MN

2 Bed
•
1 Bath

800 Sq. Ft.

Available Now
Floor plans
2 Beds • 1 Bath
$995
800 ft2
1 Available
Managed By: Christy Living
Unit 2
$995
Available Now
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511 Penn Ave N
511 Penn Ave N
511 Penn Ave N
Fees & leasing info
Lease & Fees
Security Deposit: $995
Property details
Additional Details
Total Unit Count: 1
Last Updated: Updated 2 hours ago
Contact Number: (612) 991-6565
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
ViaSat, Inc. 100.0 3.0
Nextera Holdings, LLC 50.0 50.0
Hughes Network Systems, LLC 25.0 3.0
VSAT Systems, LLC 2.0 1.3
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 511 Penn Ave N by bedroom type below.
2 Bedroom
Suggested income:
$35,800
per year
Rent report

511 Penn Ave N Rent vs. Minneapolis Average

 511 Penn Ave N      Minneapolis Average
2BR
$995
$2,071
$0
$700
$1,400
$2,100
$2,800

511 Penn Ave N is asking 52% less than the average 2 bedroom apartment in Minneapolis.

If you upsized to an average priced Minneapolis 3 bedroom apartment, you would pay 8% more per month.

If you downsized to an average priced Minneapolis 1 bedroom apartment, you would pay 45% less per month.

511 Penn Ave N provides 23% less square footage than the average Minneapolis 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
511 Penn Ave N
2BR $995 $1.20 $2,985
Minneapolis Average
Studio $1,100 $2.50 $3,301
1BR $1,429 $2.20 $4,286
2BR $2,071 $2.00 $6,212
3BR $2,263 $1.80 $6,788
4BR $2,552 $1.80 $7,656

Availability in Minneapolis

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1,853 1BR units on the market in Minneapolis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
17% 44% 29% 6% 3%
Available Units in Minneapolis
Studio 732
1BR 1,853
2BR 1,211
3BR 249
4BR 147
Location
Nearby Colleges

Minneapolis Community and Technical College

Capella University

Walden University

Augsburg College

University of Minnesota - Twin Cities

Campus Buildings and Attractions
Distance Walking Biking Driving
Ackerberg Science Center 1.8 mi 35 min 12 min 4 min
Management Education Center 1.9 mi 36 min 12 min 4 min
Helland Center 1.9 mi 37 min 13 min 5 min
Whitney Fine Arts Theatre 1.9 mi 38 min 12 min 5 min
Loring Park 2.0 mi 39 min 15 min 5 min
Nearby Hospitals
Name Distance
Regency Hospital Of Mpls Llc 1.38 mi.
North Memorial Medical Center 2.23 mi.
Hennepin County Medical CTR 2.39 mi.
Nearby Fire Stations
Name Distance
Glenwood Fire Department 1.09 mi.
Metropolitan Airports Commission 1.29 mi.
Minneapolis Fire Department 1.29 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 800 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
511 Penn Ave N has a 2 bedroom unit starting at $995.
Where is this property located?
This property is at 511 Penn Ave N in Minneapolis, MN. It's 2.0 miles west from the center of Minneapolis.
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