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Updated 12 hours ago

5504 Penn Ave S

Minneapolis, MN

3 Bed

•

1 Bath

•

1,000 Sq. Ft.

•

Available Now

Floor plans

3 beds (1)

3 Beds • 1 Bath

$2,195

1000 ft²

1 Available

Managed By: Leasing Team

-

$2,195

Available Now

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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 12 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

$2,195

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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 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

$2,126

$0

$750

$1,500

$2,250

$3,000

5504 Penn Ave S is asking 3% more 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 5% less per month.

5504 Penn Ave S provides 20% 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	$1,156	$2.50	$3,467
1BR	$1,379	$2.10	$4,137
2BR	$2,027	$2.00	$6,081
3BR	$2,126	$1.70	$6,378
4BR	$2,424	$1.60	$7,272

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 1,765 1BR units on the market in Minneapolis. If you're looking to negotiate, this may be your best option.

Studio

1BR

2BR

3BR

4BR

Available Units in Minneapolis
Studio	652
1BR	1,765
2BR	1,029
3BR	240
4BR	109

Location

Nearby Colleges

Minneapolis Community and Technical College

Normandale Community College

Capella University

Augsburg College

Walden University

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 now.

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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