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242 West Franklin Ave
Minneapolis, MN 55404
- Studio–3 Bedrooms
- 400–1,100 Square Feet
About 242 West Franklin Ave
242 West Franklin Avenue sits between downtown and uptown Minneapolis near lovely Stevens Square Park. Spacious apartments with large windows can be enjoyed by you and your cat (s) (2 cats allowed). Moving in will be an ease with the help of elevators, carports and limited off-street parking. Card operated laundry available in the building. Mortimer’s Bar and Restaurant, The Lowry and Rinata Restaurant are within walking distance. The #2 bus line is conveniently located nearby.
242 West Franklin Ave is located in the 55404 Zip code of Minneapolis, MN.
Property Contact Info
Floorplan Pricing and Availability
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0BR/1.0BA
Studio, 1 Bath, 400 sq ftAvailable Jun 1Availability Details
Availability Date Unit Sq Ft Deposit Photos June 1, 2026 407 400 $500 Unit 407 Gallery
Photos
Unit 407 Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unique Features
- heat
Unit Description
Sits between downtown and uptown Minneapolis near lovely Stevens Square Park. Spacious apartments with large windows can be enjoyed by you and your cat (s) (2 cats allowed). Moving in will be an ease with the help of elevators, carports and limited off street parking. Many restaurants and stores within walking distance. The #2 bus line is right across the street. Fixed Monthly Charges: Electric paid to provider Rubs water/sewer variable* RUBS Processing Fee $6.00 Trash $15.00 Minimum Liability Policy** $10.50 LLI Processing Fee** $4.50 Optional Monthly Charges: Parking: $50 based on availability Cat $25.00 6 Month Lease $75.00 9 Month Lease $50.00 Storage site specific *See utility addendum for full disclosure **Liability insurance fees are waived for renters that provide the Declarations Page of their own Renter's Insurance Policy
Apartment Unit: 407Apartment Model: 0BR/1.0BAStudio, 1 Bath, 400 sq ftAvailable June 1, 2026![]()
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Unit: 407 - Image 9 1 Bedroom
1BR/1.0BA
1 Bed, 1 Bath, 740 sq ftAvailable Jun 1Availability Details
Availability Date Unit Sq Ft Deposit Photos June 1, 2026 303 740 $500 Unit 303 Gallery
Photos
Unit 303 Amenities and Features
Unique Features
- Heat
Unit Description
Sits between downtown and uptown Minneapolis near lovely Stevens Square Park. Spacious apartments with large windows can be enjoyed by you and your cat (s) (2 cats allowed). Moving in will be a breeze with the help of elevators, carports and limited off street parking. Many restaurants and stores within walking distance. The #2 bus line is right across the street. Fixed Monthly Charges: Electric paid to provider Rubs water/sewer variable* RUBS Processing Fee $6.00 Trash $15.00 Minimum Liability Policy** $10.50 LLI Processing Fee** $4.50 Optional Monthly Charges: $50 Covered Carport if available Cat $25.00 6 Month Lease $75.00 9 Month Lease $50.00 Storage site specific *See utility addendum for full disclosure **Liability insurance fees are waived for renters that provide the Declarations Page of their own Renter's Insurance Policy
Apartment Unit: 303Apartment Model: 1BR/1.0BA1 Bedroom, 1 Bath, 740 sq ftAvailable June 1, 2026![]()
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Unit: 303 - Image 9 2 Bedrooms
2BR/1.0BA
2 Beds, 1 Bath, 900 sq ftAvailability Details
Availability Date Unit Sq Ft Unavailable 2BR/1.0BA 900 sq ft 3 Bedrooms
3BR/1.0BA
3 Beds, 1 Bath, 1100 sq ftAvailability Details
Availability Date Unit Sq Ft Unavailable 3BR/1.0BA 1100 sq ft
Property Information
- 34 Units
- 3 Stories
- Built in 1961
Lease Terms
- 6, 9, 12 mo
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.
Required Fees
One-Time Basics
- Due at Application
- Application Fee Per ApplicantiCharged per applicant.$50.00
- Due at Move-In
- Security Deposit - RefundableiCharged per unit.$500.00
Utilities
- Utility - Water/SeweriCharged per unit.Varies/mo
- Liability InsuranceiCharged per unit.$15.00/mo
- Trash Admin FeeiCharged per unit.$15.00/mo
- 6 month leaseiCharged per unit.$75.00/mo
- 9 Month LeaseiCharged per unit.$50.00/mo
- 12 Month LeaseiCharged per unit.$0.00/mo
Other Fees and Policies
Pet Fees
- Cat
- Pet DepositiMax of 2. Charged per Pet.$300.00
- Pet FeeiMax of 2. Charged per Pet.$25.00/mo
Parking Fees
- Covered
- Parking FeeiCharged per vehicle.$50.00/mo
- Surface Lot
Additional Parking Options
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Map
- Shopping
- Colleges
- Grocery
- Medical
- Parks
- Transportation
- Nearby Properties
Map
Hours and Contact Info
| Monday | 9:00 am–6:00 pm |
| Tuesday | 9:00 am–6:00 pm |
| Wednesday | 9:00 am–6:00 pm |
| Thursday | 9:00 am–6:00 pm |
| Friday | 9:00 am–5:00 pm |
| Saturday | 10:00 am–4:00 pm |
| Sunday | Closed |
Renters Reviews and Ratings
franklin avenue apartment
August 14, 2015Good location close to downtown. Close to bus and free off street parking. Clean and fresh apartments. Lots of places to eat and coffee shops are a close walk.Review from Apartments.com
the franklin apartment
July 26, 2015clean and quiet with a nice layout. Close to downtown Minneapolis and freeways. Shopping steps away and places to eat.Review from Apartments.com
Nearby Schools
Anwatin Middle Com & Spanish D I
North Academy Senior High
Kenwood Elementary
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from 242 West Franklin Ave.
Arts Museums and Landmarks
Big Box and Retail
Aldi
Target
Costco
Colleges and Universities
Groceries
Aldi
Cub Foods
Hospitals
Children's Hospitals & Clinics Of Minnesota
Abbott Northwestern Hospital
Hennepin County Medical Center
Military Bases
Fort Snelling Military Reservation
Parks and Recreation
242 West Franklin Ave has 5 parks within 2.8 miles, including Loring Park, Lake of the Isles, Powderhorn Park, Cedar Lake, and The Grand Rounds.
Shopping Centers
242 West Franklin Ave has 5 shopping centers within 0.9 miles.
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Minneapolis Studio Apartments | $1,324 | $640 | $3,708 |
| Minneapolis 1 Bedroom Apartments | $1,634 | $500 | $7,259 |
| Minneapolis 2 Bedroom Apartments | $2,199 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,707 | $739 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,277 | $649 | $10,000+ |
| Minneapolis 5 Bedroom Apartments | $4,225 | $2,200 | $10,000+ |
Nearby Apartments
Nearby Homes
Did You Know?
Apartment residents stay an average of 2.5 years in their apartment before moving.
Max of 2.