Find Rentals in Minneapolis

Houses For Rent

Apartments For Rent

Explore Listings

Property Managers

Listings Quality Policy

Renter Resources

Avoid Scams & Fraud

Rent vs. Buy Calculator

Rent Affordability Calculator

Help & Support

10 photos

Updated - 2 days ago

Verified

Refrigerator

- Save listing search
- Report this listing

7501 - 7515 Penn Ave

Minneapolis, MN 55423 - Hennepin County

Apartment

1 beds

1 baths

650 sqft

About 7501 - 7515 Penn Ave

Experience urban living at it's finest in this 1-bedroom apartment, perfectly positioned just one block from Best Buy Corporate Office. This unit offers lots of natural light through generous windows, creating a warm and inviting atmosphere throughout. The thoughtfully designed layout features an inviting eat-in kitchen, perfect for both casual dining and entertaining. Storage worries are a thing of the past with abundant in-unit closet space plus your own dedicated storage unit - ideal for bikes, seasonal items or extra belongings. Convenience meets comfort with: Reserved off-street parking. Prime location near Rainbow, Target and Southtown Mall, the Airport, Best Buy and more. Easy access to public transportation. Cat-friendly community (additional fees apply) Utilities not included. $40 application fee per person. Fridge & Range.

RentalSource last checked: July 27, 2025 at 3:49 PM ET

Last updated: July 25, 2025 at 2:51 PM ET

Listed by: Penn Apartments, (952) 545-9155

Property Summary

Property Type:	Apartment
Rental Fee:	$975 - $1,025
Bedrooms:	1 beds
Bathrooms:	1 baths

Size:	650 sqft
Pet Friendly:	No
Listing Status:	Active
ID:	80275591

Property Amenities

• Refrigerator

• Walk-in Closets

Community Features

• Bike Paths

• Public Transportation

• Reserved Parking

• Storage

Unit Rates

Name	Beds	Baths	Sqft	Rent
1 Bed	1	1	-	$975
1 Bed	1	1	650	$975 - $1,025

Additional Details

Apartment for rent in Minneapolis for $975-$1,025 with 1 bed, 1 bath, 650 sqft and located at 7501 - 7515 Penn Ave in Minneapolis, MN 55423. The averaged rental price of $1,000 is 16.4% ($196) lower than the average rent of $1,196 for a 1 bedroom apartment in Minneapolis, MN and 18.9% ($233) lower than the average rent of $1,233 for a 1 bedroom apartment in Hennepin County. This apartment is in the Intermediate 287 School District and the nearest schools are Washburn Elementary School, Richfield Middle School and Richfield Senior High School. 7501 - 7515 Penn Ave was advertised by Penn Apartments 6+ months ago, last updated on July 25, 2025 at 2:51 PM ET and last checked today at 3:49 PM ET.

Affordability Calculator

Can I afford to live at 7501 - 7515 Penn Ave?

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

$39,000 /year

With your chosen rent-to-income ratio, an annual income of $39,000 is recommended to comfortably afford this 1-bedroom rental priced at $975 per month.

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

Apartment for rent

$975 - $1,025

Rent Affordability Calculator

Interested in 7501 - 7515 Penn Ave?

Find out more about this property & see if it's available now.

Property managed by:

Penn Apartments
(952) 545-9155

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