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Updated 12 hours ago

5504 Penn Ave S


Minneapolis, MN

3 Bed
•
2 Bath

1,000 Sq. Ft.

Available starting Apr. 1st
Floor plans
3 Beds • 2 Bath
$2,395
1000 ft2
1 Available
Managed By: Leasing Team
-
$2,395
Available Apr 1st, 2026
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5504 Penn Ave S
5504 Penn Ave S
5504 Penn Ave S
Location ratings
Walk Score®
53
Somewhat Walkable
Transit Score®
39
Some Transit
Bike Score®
62
Bikeable
Property details
Additional Details
Total Unit Count: 1
Last Updated: Updated 12 hours ago
Contact Number: (612) 261-1515
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
US Internet Corp. 10000.0 10000.0
Comcast Corporation 987.0 35.0
ViaSat, Inc. 100.0 3.0
Nextera Holdings, LLC 50.0 50.0
CenturyLink, Inc. 40.0 3.0
Data from June 2020 provided by the FCC
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Photos Floor Plans
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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 5504 Penn Ave S by bedroom type below.
3 Bedroom
Suggested income:
$86,200
per year
Rent report

5504 Penn Ave S Rent vs. Minneapolis Average

 5504 Penn Ave S      Minneapolis Average
3BR
$2,395
$2,401
$0
$800
$1,600
$2,400
$3,200

5504 Penn Ave S is asking 0% 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.

5504 Penn Ave S provides 22% less square footage than the average Minneapolis 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
5504 Penn Ave S
3BR $2,395 $2.40 $7,185
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
18% 45% 29% 5% 2%
Available Units in Minneapolis
Studio 764
1BR 1,910
2BR 1,234
3BR 213
4BR 102
Location
Nearby Colleges

Minneapolis Community and Technical College

Normandale Community College

Capella University

Augsburg College

Walden University

Nearby Hospitals
Name Distance
Fairview Southdale Hospital 1.47 mi.
Park Nicollet Methodist Hosp 3.16 mi.
Abbott Northwestern Hospital 4.23 mi.
Nearby Fire Stations
Name Distance
City Of Windom Volunteer Fire Department 1.03 mi.
Edina Fire Department 2.58 mi.
Brookside Fire Department 2.89 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 on April 01, 2026.
What's the square footage of the available units?
It's 1,000 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 3 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
5504 Penn Ave S has a 3 bedroom unit starting at $2,395.
Where is this property located?
This property is at 5504 Penn Ave S in Minneapolis, MN. It's 5.9 miles southwest from the center of Minneapolis.
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