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- 1 Bedroom Bedrooms
- $1,152-$1,252
- 535–640Square 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 $1,152 and having 535–640 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
1 Bedroom
1 Bedroom A
$1,152
1 Bed, 1 Bath, 535 sq ftTotal Monthly PriceAvailable Mar 1Model Gallery
Floorplans
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Price Availability Date Unit Sq Ft $1,152 March 1, 2026 202 535 Unit 202 Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unit 202 Lease Information
Unit Price
- $1,152
View Details and Rent EstimateDeposit
- $400 deposit
Model Rent and Fees
Price
- $1,152
Apartment Model: 1 Bedroom A$1,1521 Bedroom, 1 Bath, 535 sq ftAvailable March 1, 2026Floor plans are artist's rendering. All dimensions are approximate. Actual product and specifications may vary in dimension or detail. Not all features are available in every rental home. Please see a representative for details.
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1 Bedroom A - Floorplan 1 Apartment Unit: 202Apartment Model: 1 Bedroom A$1,1521 Bedroom, 1 Bath, 535 sq ftAvailable March 1, 20261 Bedroom B
$1,252
1 Bed, 1 Bath, 640 sq ftTotal Monthly PriceAvailable Jun 1Model Gallery
Floorplans
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Price Availability Date Unit Sq Ft $1,252 June 1, 2026 411 640 Unit 411 Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unit 411 Lease Information
Unit Price
- $1,252
View Details and Rent EstimateDeposit
- $400 deposit
Model Rent and Fees
Price
- $1,252
Apartment Model: 1 Bedroom B$1,2521 Bedroom, 1 Bath, 640 sq ftAvailable June 1, 2026Floor plans are artist's rendering. All dimensions are approximate. Actual product and specifications may vary in dimension or detail. Not all features are available in every rental home. Please see a representative for details.
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1 Bedroom B - Floorplan 1 Apartment Unit: 411Apartment Model: 1 Bedroom B$1,2521 Bedroom, 1 Bath, 640 sq ftAvailable June 1, 2026
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Property Information
- 37 Units
- 4 Stories
- Built in 1964
- View Property Website
Lease Terms
- 6 mo, 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. Use the Cost Calculator to determine costs based on your needs.
Required Fees
One-Time Basics
- 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
- RUBS_Water/SeweriCharged per unit.Varies/mo
- Monthly Utility Bill Processing FeeiCharged per unit.$4.95/mo
- RUBS_Trash RemovaliCharged per unit.$12/mo
Other Fees
Pet Fees
- Pet FeeiMax of 2. Charged per Pet.$200
- Pet DepositiMax of 2. Charged per Pet.$0
- Monthly Pet FeeiMax of 2. Charged Per Pet.$0/mo
Cat
Must be at least 1 year of age.
Parking Fees
- Parking FeeiMax of 1. Max of 1. Charged per vehicle.$65/mo
- StreetiStreet Parking Available
Garage
Max of 1. Max of 1. Heated Underground Parking Garage; Call for Availability.
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
- Shopping
- Colleges
- Grocery
- Medical
- Parks
- Transportation

Map
Hours and Contact Info
| Monday | By Appointment |
| Tuesday | By Appointment |
| Wednesday | By Appointment |
| Thursday | By Appointment |
| Friday | By Appointment |
| Saturday | By Appointment |
| Sunday | Closed |
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 $1,152. 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
South Senior High
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from Riverside Flats.
Arts Museums and Landmarks
Big Box and Retail
Aldi
Autozone
Walgreen's
Colleges and Universities
Groceries
Cub Foods
Aldi
Hospitals
University Of Minnesota Medical Center, Fairview
Children's Hospitals & Clinics Of Minnesota
Military Bases
Fort Snelling Military Reservation
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 | $1,297 | $640 | $2,447 |
| Minneapolis 1 Bedroom Apartments | $1,588 | $500 | $8,259 |
| Minneapolis 2 Bedroom Apartments | $2,157 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,439 | $495 | $9,831 |
| Minneapolis 4 Bedroom Apartments | $1,828 | $535 | $7,939 |
| Minneapolis 5 Bedroom Apartments | $3,077 | $2,000 | $3,695 |
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