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- 1–2 Bedrooms
- $1,252-$1,517
Total Monthly Price
Base Rent$1,235 - $1,500Required Monthly Fees$17Total Monthly Price$1,252 - $1,517 - 640–755 Square 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

- Listed by:
- Agency:
- Vendor Logo:
- Website:
- View Property Website
- Call Us:
- (763) 363-5530
- Disclaimer:
Floorplan Pricing and Availability
Riverside Flats offers 1 to 2 Bedroom apartments starting from $1,252 and having 640–755 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
1 Bedroom
1 Bedroom B
$1,252
1 Bed, 1 Bath, 640 sq ftTotal Monthly PriceAvailable Jun 1Total Monthly Price
Base Rent$1,235Required Monthly Fees$17Total Monthly Price$1,252Model Gallery
Floorplans
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Price Availability Date Unit Sq Ft View Details $1,252 June 1, 2026 309 640 $1,252 June 1, 2026 411 640 Model Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Model Lease Information
Model Price
- $1,252Base Rent: $1,235Required Monthly Fees: $17
Deposit
- $400 deposit
Unit 309 Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unit 309 Lease Information
Unit Price
- $1,252Base Rent: $1,235Required Monthly Fees: $17
View Details and Rent EstimateDeposit
- $400 deposit
Model Lease Information
Price
- $1,252
Unit 411 Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unit 411 Lease Information
Unit Price
- $1,252Base Rent: $1,235Required Monthly Fees: $17
View Details and Rent EstimateDeposit
- $400 deposit
Model Lease Information
Price
- $1,252
Apartment Model: 1 Bedroom BFrom $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 Apartment Unit: 309Apartment Model: 1 Bedroom B$1,2521 Bedroom, 1 Bath, 640 sq ftAvailable June 1, 2026Apartment Unit: 411Apartment Model: 1 Bedroom B$1,2521 Bedroom, 1 Bath, 640 sq ftAvailable June 1, 20262 Bedrooms
2 Bedroom B
$1,517
2 Beds, 1 Bath, 755 sq ftTotal Monthly PriceAvailable Jun 1Total Monthly Price
Base Rent$1,500Required Monthly Fees$17Total Monthly Price$1,517Model Gallery
Floorplans
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Price Availability Date Unit Sq Ft $1,517 June 1, 2026 403 755 Unit 403 Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unit 403 Lease Information
Unit Price
- $1,517Base Rent: $1,500Required Monthly Fees: $17
View Details and Rent EstimateDeposit
- $400 deposit
Model Lease Information
Price
- $1,517
Apartment Model: 2 Bedroom B$1,5172 Bedroom, 1 Bath, 755 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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2 Bedroom B - Floorplan Apartment Unit: 403Apartment Model: 2 Bedroom B$1,5172 Bedroom, 1 Bath, 755 sq ftAvailable June 1, 20262 Bedroom C
$1,492
2 Beds, 1 Bath, 755 sq ftTotal Monthly PriceAvailable Jul 1Total Monthly Price
Base Rent$1,475Required Monthly Fees$17Total Monthly Price$1,492Model Gallery
Floorplans
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Price Availability Date Unit Sq Ft $1,492 July 1, 2026 205 755 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Cable Ready
- Ceiling Fans
- Heating
- High Speed Internet Access
- Intercom
- Smoke Free
- Storage Space
- Tub/Shower
Kitchen
- Dishwasher
- Eat-in Kitchen
- Freezer
- Kitchen
- Oven
- Range
- Refrigerator
- Stainless Steel Appliances
Unit 205 Lease Information
Unit Price
- $1,492Base Rent: $1,475Required Monthly Fees: $17
View Details and Rent EstimateDeposit
- $400 deposit
Model Lease Information
Price
- $1,492
Apartment Model: 2 Bedroom C$1,4922 Bedroom, 1 Bath, 755 sq ftAvailable July 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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2 Bedroom C - Floorplan Apartment Unit: 205Apartment Model: 2 Bedroom C$1,4922 Bedroom, 1 Bath, 755 sq ftAvailable July 1, 2026
Schedule a Tour
3D Tours
Property Information
- 37 Units
- 4 Stories
- Built in 1964
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.$50.00
- Pre-Lease DepositiThis deposit will be applied to the security deposit. Charged per unit.$400.00
Utilities
- RUBS_Water/SeweriCharged per unit.Varies/mo
- Monthly Utility Bill Processing FeeiCharged per unit.$4.95/mo
- RUBS_Trash RemovaliCharged per unit.$12.00/mo
Other Fees and Policies
Pet Fees
- Cat
- Pet DepositiMax of 2. Charged per Pet.$0.00
- Pet FeeiMax of 2. Charged per Pet.$200.00
- Monthly Pet FeeiMax of 2. Charged Per Pet.$0.00/mo
Must be at least 1 year of age.
Parking Fees
- Garage
- Parking FeeiMax of 1. Charged per vehicle.$65.00/mo
- StreetiStreet Parking Available
Max of 1. Heated Underground Parking Garage; Call for Availability.
Additional Parking Options
Storage Fees
- Bike Storage
- Storage FeeiCharged per rentable item.$0.00
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
- Schools
- 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 Bedroom to 2 Bedroom Apartments at Riverside Flats currently range from $1,252 to $1,517
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
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
Abbott Northwestern Hospital
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 | $1,318 | $640 | $3,513 |
| Minneapolis 1 Bedroom Apartments | $1,605 | $500 | $8,819 |
| Minneapolis 2 Bedroom Apartments | $2,190 | $469 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,618 | $739 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $1,581 | $529 | $10,000+ |
| Minneapolis 5 Bedroom Apartments | $3,577 | $2,400 | $9,106 |
| Minneapolis 6 Bedroom Apartments | $3,667 | $2,800 | $4,650 |
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