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Home / Minneapolis Area Apartments / Richfield / 7421 Penn
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Updated 20 minutes ago

7421 Penn


7421 Penn Ave S Richfield, MN

1 Bed
•
1 Bath

680 Sq. Ft.

Available starting May. 15th
Floor plans
1 Bed • 1 Bath
$1,025 - $1,050
680 ft2
2 Available
Managed By: Akins-Wuest Apartments LLP
Unit 7
$1,025
Available May 15th, 2026
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Unit 1
$1,050
Available May 15th, 2026
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View Rented Units
Where you'll live
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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 20 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:
$37,300
per year
Rent report

7421 Penn Rent vs. Richfield Average

 7421 Penn      Richfield Average
1BR
$1,038
$1,221
$0
$400
$800
$1,200
$1,600

7421 Penn is asking 15% less than the average 1 bedroom apartment in Richfield.

If you upsized to an average priced Richfield 2 bedroom apartment, you would pay 22% more per month.

If you downsized to an average priced Richfield studio apartment, you would pay 9% 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 $1,038 $1.50 $3,113
Richfield Average
Studio $1,338 $2.50 $4,013
1BR $1,221 $1.80 $3,663
2BR $1,568 $1.70 $4,704
3BR $2,138 $1.60 $6,413
4BR $2,795 $1.40 $8,385

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 174 1BR units on the market in Richfield. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
5% 72% 21% 1% 1%
Available Units in Richfield
Studio 11
1BR 174
2BR 51
3BR 3
4BR 2
Location
Nearby Colleges

Normandale Community College

College Of St Catherine

Minneapolis Community and Technical College

Augsburg College

Capella University

Nearby Hospitals
Name Distance
Fairview Southdale Hospital 1.51 mi.
Park Nicollet Methodist Hosp 4.94 mi.
Abbott Northwestern Hospital 6.35 mi.
Nearby Fire Stations
Name Distance
Bloomington Fire Department 0.69 mi.
City Of Windom Volunteer Fire Department 2.18 mi.
Edina Fire Department 2.2 mi.
FAQs
Is this property currently leasing units?
Yes. There are 2 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 2 units available for move-in over the next 2 months. The soonest move-in date is May 15, 2026.
What's the square footage of the available units?
The available units are 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?
Rent on available units ranges from $1,025 to $1,050. 7421 Penn has 1 bedroom units available starting at $1,025.
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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