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Home / Minneapolis Area Apartments / Richfield / 7421 Penn
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Updated 17 minutes ago

7421 Penn


7421 Penn Ave S Richfield, MN

1 Bed
•
1 Bath

680 Sq. Ft.

Available starting Oct. 1st
Floor plans
1 Bed • 1 Bath
$1,065
680 ft2
1 Available
Managed By: Akins-Wuest Apartments LLP
Unit 3
$1,065
Available Oct 1st, 2026
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7421 Penn
7421 Penn
7421 Penn
Location ratings
Walk Score®
49
Car-Dependent
Amenities
On-site Laundry
Air Conditioning
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Fees & leasing info
Pets
Cats Ok
Parking
Surface Parking
Garage - Attached
Lease & Fees
Security Deposit: $500
Property details
Description

- Virtual Tour: https://my.matterport.com/show/?m=gVJNQgTAaCA
No Dogs Allowed
(RLNE6030111)

Additional Details
Total Unit Count: 11
Last Updated: Updated 17 minutes ago
Contact Number: (952) 941-2400
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Photos Floor Plans Amenities
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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 7421 Penn by bedroom type below.
1 Bedroom
Suggested income:
$38,300
per year
Rent report

7421 Penn Rent vs. Richfield Average

 7421 Penn      Richfield Average
1BR
$1,065
$1,199
$0
$400
$800
$1,200
$1,600

7421 Penn is asking 11% less than the average 1 bedroom apartment in Richfield.

If you upsized to an average priced Richfield 2 bedroom apartment, you would pay 23% more per month.

If you downsized to an average priced Richfield studio apartment, you would pay 11% more per month.

7421 Penn provides 1% more square footage than the average Richfield 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
7421 Penn
1BR $1,065 $1.60 $3,195
Richfield Average
Studio $1,351 $2.50 $4,052
1BR $1,199 $1.80 $3,597
2BR $1,565 $1.70 $4,695
3BR $2,482 $1.80 $7,445

Availability in Richfield

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 138 1BR units on the market in Richfield. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
5% 72% 20% 3%
Available Units in Richfield
Studio 10
1BR 138
2BR 39
3BR 5
Location
Nearby Colleges

Normandale Community College

College Of St Catherine

Minneapolis Community and Technical College

Augsburg College

Capella University

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 October 01, 2026.
What's the square footage of the available units?
It's 680 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats.
How many bedrooms are in the available units?
There are 1 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?
7421 Penn has a 1 bedroom unit starting at $1,065.
Where is this property located?
This property is at 7421 Penn Ave S in Richfield, MN. It's 1.6 miles west from the center of Richfield.
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