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Updated 4 hours ago

5504 Penn Ave S


Minneapolis, MN

3 Bed
1 Bath

1,000 Sq. Ft.

Available starting May. 1st
3 Beds • 1 Bath
$2,195
1000 ft2
1 Available
Managed By: Leasing Team
Updated about 4 hours ago

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$2,195
Available May 1st, 2024
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Where you'll live
Street View
Map View
Satellite View
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 4 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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Schools
Data provided by GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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:
$79,000
per year
Rent report

5504 Penn Ave S Rent vs. Minneapolis Average

 5504 Penn Ave S      Minneapolis Average
3BR
$2,195
$2,248
$0
$750
$1,500
$2,250
$3,000

5504 Penn Ave S is asking 2% less than the average 3 bedroom apartment in Minneapolis.

If you upsized to an average priced Minneapolis 4 bedroom apartment, you would pay 12% more per month.

If you downsized to an average priced Minneapolis 2 bedroom apartment, you would pay 8% less per month.

5504 Penn Ave S provides 25% less square footage than the average Minneapolis 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
5504 Penn Ave S
3BR $2,195 $2.20 $6,585
Minneapolis Average
Studio $1,158 $2.40 $3,475
1BR $1,389 $2.10 $4,166
2BR $2,074 $2.00 $6,221
3BR $2,248 $1.70 $6,744
4BR $2,564 $1.60 $7,693

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 1,864 1BR units on the market in Minneapolis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
20% 44% 27% 6% 2%
Available Units in Minneapolis
Studio 848
1BR 1,864
2BR 1,165
3BR 264
4BR 93
Location
Nearby Colleges
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 May 01, 2024.
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 1 bathroom units available.
What's the monthly rent at this property?
5504 Penn Ave S has a 3 bedroom unit starting at $2,195.
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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