Photos
- 1 Bedroom Bedrooms
- $1,116Total Monthly Price
- 535Square Feet
About Riverside Flats
Riverside Flats is ideally located near the U of M West Bank campus, the Mississippi River, several parks, biking/walking paths, restaurants, local services and so much more! You are minutes from I-94 with easy access to I-35W and I-280. We recently updated the common areas and offer several amenities you won't find in the neighborhood...elevator, underground parking, laundry on each floor, dishwasher, balcony (optional) and lots of closet space. Come check out your new home!
Riverside Flats is located in the Seward Neighborhood and 55406 Zip code of Minneapolis, MN. This community is professionally managed by KRC Apartments
Property Contact Info
Floorplan Pricing and Availability
Riverside Flats offers 1 Bedroom apartments starting from $1,116 and having 535 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
ApartmentHomeLiving.com's new Interactive Property Map allows you to see where every available unit is located at this community.Try It Now >1 Bedroom
1 Bedroom A
$1,116
1 Bed, 1 Bath, 535 sq ftTotal Monthly PriceAvailable March 1, 2026Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,116 March 1, 2026 202 535 Unit 202 Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unit 202 Lease Information
Unit Price
- $1,116
Deposit
- $400 deposit
Model Rent and Fees
Price
- $1,116
Apartment Model: 1 Bedroom A$1,1161 Bedroom, 1 Bath, 535 sq ftAvailable March 1, 2026![]()
1 Bedroom A - Floorplan 1 Apartment Unit: 202Apartment Model: 1 Bedroom A$1,1161 Bedroom, 1 Bath, 535 sq ftAvailable March 1, 2026
Price shown is total price including community-supplied monthly required fees. Price, availability, fees, and any applicable rent special are subject to change without notice.
Schedule a Tour
Call us at: (763) 363-5530 to schedule a tour.
3D Tours
Riverside Flats - 1BR, 1BA - 640SF
Riverside Flats - 2BR, 1BA
Property Information
- 37 Units
- 4 Stories
- Built in 1964
- View Property Website
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Lease Terms
- 6 mo, 12+ mo
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities. Use the calculator to add these fees to the base rent.
Required Fees
One-Time Move-In Fees
- Due at Application
- Application Fee (Per Applicant)iCharged per applicant$50
- Pre-Lease DepositiThis deposit will be applied to the security deposit. Charged per unit$400
Utilities & Essentials
- RUBS_Water/SeweriCharged per unitVaries
- Monthly Utility Bill Processing FeeiCharged per unit$4.95/mo
- RUBS_Trash RemovaliCharged per unit$12/mo
Other Fees
Pet Fees
- Pet FeeiCharged per Pet$200
- Pet DepositiCharged per Pet$0
- Pet RentiCharged per Pet$0/mo
- 2 Pet Limit
Cat
Cats
Parking Fees
- Parking FeeiCharged per vehicle$65/mo
- Garage ParkingiHeated Underground Parking Garage; Call for Availability.
- StreetiStreet Parking Available
Garage
Additional Parking Options
Storage Fees
- Storage FeeiCharged per rentable item$0
Bike Storage
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.
Features and Amenities
Unique Amenities
- Balcony in some units
- Remodeled Units
On-Site Services
- Property Manager On Site
- Recycling
- 24 Hour Access
- Laundry Facilities
Community Features
- Elevator
Outdoor Features
- Roof Terrace
- Controlled Access
Recreation and Fitness
- Walking/Biking Trails
Interior Features
- Balcony
- Storage Space
- Heating
- Tub/Shower
- Ceiling Fans
- High Speed Internet Access
- Intercom
- Cable Ready
- Air Conditioning
- Smoke Free
Kitchen Amenities
- Oven
- Range
- Refrigerator
- Dishwasher
- Eat In Kitchen
- Kitchen
- Freezer
- Stainless Steel Appliances
Living Area Features
- Carpet
- Window Coverings
- Views
- Vinyl Flooring
Unique Amenities
- Garage Available
Map
940 Franklin Ter, Minneapolis, MN 55406
- Shopping
- Colleges
- Grocery
- Medical
- Parks
- Transportation
Map
Hours and Contact Info
Call Us - Open Now!
Currently Closed
By Appointment
| Monday | By Appointment |
| Tuesday | By Appointment |
| Wednesday | By Appointment |
| Thursday | By Appointment |
| Friday | By Appointment |
| Saturday | By Appointment |
| Sunday | Closed |
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Riverside Flats
Where is Riverside Flats located?
Riverside Flats is located at 940 Franklin Ter near the Seward area of Minneapolis, MN
What is the current rent range at Riverside Flats?
1 Bedrooms at Riverside Flats currently start from $1,116. Call today for more info!
When is the leasing office open?
- The office Hours for Riverside Flats are
- Monday By Appointment
- Tuesday By Appointment
- Wednesday By Appointment
- Thursday By Appointment
- Friday By Appointment
- Saturday By Appointment
- Sunday Closed
Are pets allowed?
Call us today to find out our pet policy and if we allow pets
Lifestyle Ratings
Learn more about Lifestyle SearchRenters Reviews and Ratings
Nearby Schools
Andersen Community
Minneapolis Public School Dist.
1098 Andersen Lane
Public School - Grades PK-8 (747 Students)
In Attendance Zone5 minute drive / 1.7 miles away
South Senior High
Minneapolis Public School Dist.
3131 19th Avenue South
Public School - Grades 9-12 (1466 Students)
In Attendance Zone4 minute drive / 1.5 miles away
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.
About GreatSchools Data on ApartmentHomeLiving.com.
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from Riverside Flats.
Arts Museums and Landmarks
Big Box and Retail
Aldi
1311 E Franklin Ave
3 minute drive / 1.24 miles away
Autozone
2940 Clinton Ave
4 minute drive / 2.2 miles away
Walgreen's
4547 Hiawatha Ave
5 minute drive / 2.79 miles away
Colleges and Universities
Groceries
Cub Foods
2850 S 26th Ave
1 minute drive / 0.65 miles away
Aldi
1311 E Franklin Ave
3 minute drive / 1.24 miles away
Hospitals
University Of Minnesota Medical Center, Fairview
2450 Riverside Avenue
1 minute drive / 0.59 miles away
Children's Hospitals & Clinics Of Minnesota
2525 Chicago Avenue South
4 minute drive / 1.61 miles away
Abbott Northwestern Hospital
800 East 28th Street
5 minute drive / 1.67 miles away
Military Bases
Fort Snelling Military Reservation
10 minute drive / 4.75 miles away
Parks and Recreation
Riverside Flats has 5 parks within 4.0 miles, including Powderhorn Park, Loring Park, Lake of the Isles, The Grand Rounds, and Como Zoo.
Shopping Centers
Riverside Flats has 5 shopping centers within 1.0 miles.
Transit Stations
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Minneapolis Studio Apartments | $1,292 | $632 | $5,562 |
| Minneapolis 1 Bedroom Apartments | $1,543 | $500 | $5,800 |
| Minneapolis 2 Bedroom Apartments | $2,163 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,392 | $495 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,183 | $479 | $5,341 |
| Minneapolis 5 Bedroom Apartments | $3,388 | $2,200 | $3,895 |
| Minneapolis 6 Bedroom Apartments | $4,156 | $3,000 | $4,795 |
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Viewing: Riverside Flats | Desktop Version | Listing Updated: 11/17/2025 | AHLGLD