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Refrigerator

Hardwood Floors

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400-416 Penn Ave S

Minneapolis, MN 55405 - Hennepin County

Apartment

1 beds

1 baths

550 sqft

About 400-416 Penn Ave S

Unique studio and one bedroom apartments located in the fantastic Bryn Mawr neighborhood. These charming units may include original woodwork and hardwood floors, large windows with tons of natural lighting, free standing bathtubs and gas stoves. This historic building built in 1917 includes an oversized community deck where you can relax and enjoy the outdoors. Conveniently located just minutes way from several major highways, shopping, restaurants and a super quick commute to downtown Minneapolis. Just steps away from many beautiful parks, lakes and hiking/biking trails. Refrigerator, Stove, Water/Sewer, Rubbish Removal & Heat.

RentalSource last checked: July 17, 2025 at 4:15 PM ET

Last updated: April 15, 2025 at 3:15 PM ET

Listed by: Marathon Management, (651) 259-4096

Property Summary

Property Type:	Apartment
Rental Fee:	$895
Bedrooms:	1 beds
Bathrooms:	1 baths

Size:	550 sqft
Pet Friendly:	No
Listing Status:	Active
ID:	81298879

Property Amenities

• Balcony/Patio

• Gas Range

• Hardwood Floors

• Refrigerator

Additional Details

Apartment for rent in Minneapolis for $895 with 1 bed, 1 bath, 550 sqft and located at 400-416 Penn Ave S in Minneapolis, MN 55405. The rental price of $895 is 25.2% ($301) lower than the average rent of $1,196 for a 1 bedroom apartment in Minneapolis, MN and 27.4% ($338) lower than the average rent of $1,233 for a 1 bedroom apartment in Hennepin County. 400-416 Penn Ave S was advertised by Marathon Management on April 15, 2025 at 9:32 AM ET and last checked today at 4:15 PM ET.

Affordability Calculator

Can I afford to live at 400-416 Penn Ave S?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$35,800 /year

With your chosen rent-to-income ratio, an annual income of $35,800 is recommended to comfortably afford this 1-bedroom rental priced at $895 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$895

Rent Affordability Calculator

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Property managed by:

Marathon Management
(651) 259-4096

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.