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 on April 01, 2026.

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 3 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?

5331 Penn Ave has a 3 bedroom unit starting at $1,850.

Where is this property located?

This property is at 5331 Penn Ave in Minneapolis, MN. It's 5.7 miles southwest from the center of Minneapolis.

5331 Penn Ave Minneapolis, MN Apartment for Rent

Minneapolis, MN

3 Bed

•

1 Bath

•

1,300 Sq. Ft.

•

Available starting Apr. 1^st

Floor plans

3 beds (1)

3 Beds • 1 Bath

$1,850

1300 ft²

1 Available

Managed By: ShowMojo

$1,850

Available Apr 1^st, 2026

View

Where you'll live

Street View

Map View

Satellite View

Location ratings

Walk Score®

Somewhat Walkable

Transit Score®

Some Transit

Bike Score®

Bikeable

Property details

Additional Details

Total Unit Count: 1

Last Updated: Updated 5 hours ago

Contact Number: (612) 261-1515

Rent report

5331 Penn Ave Rent vs. Minneapolis Average

5331 Penn Ave Minneapolis Average

3BR

$1,850

$2,401

$800

$1,600

$2,400

$3,200

5331 Penn Ave is asking 23% less than the average 3 bedroom apartment in Minneapolis.

If you upsized to an average priced Minneapolis 4 bedroom apartment, you would pay 1% more per month.

If you downsized to an average priced Minneapolis 2 bedroom apartment, you would pay 15% less per month.

5331 Penn Ave provides 1% more square footage than the average Minneapolis 3 bedroom apartment.

	Monthly Rent	Rent per Sq. Ft.	Suggested Monthly Income
5331 Penn Ave
3BR	$1,850	$1.40	$5,550
Minneapolis Average
Studio	$1,076	$2.50	$3,227
1BR	$1,422	$2.20	$4,266
2BR	$2,082	$2.00	$6,245
3BR	$2,401	$1.90	$7,202
4BR	$2,428	$1.80	$7,283

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 1,910 1BR units on the market in Minneapolis. If you're looking to negotiate, this may be your best option.

Studio

1BR

2BR

3BR

4BR

Available Units in Minneapolis
Studio	764
1BR	1,910
2BR	1,234
3BR	213
4BR	102