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Wedgewood Apartments

500 W Franklin Ave, Minneapolis, MN 55405

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Wedgewood Apartments

500 W Franklin Ave
Minneapolis, MN 55405
Wedgewood Apartments in Minneapolis, MN - Building Photo
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  • 1–2 Bedrooms
  • 907–1,135 Square Feet

About Wedgewood Apartments

Great location walkable to Loring Park, Uptown, Downtown, Eat Street,Wedge grocery and much more. Apartment features includes: -Brand new GE appliance package -Washer/dryer in unit -Chef's kitchen with stainless steel appliances and dishwasher -Stone counter-tops with farmhouse style sink -Freshly painted walls -New lighting throughout -Newly installed designer LVT flooring and more Underground heating parking is available for $125. The deposit is $1,000 and our application fee is $45. Residents pay electricity directly to Xcel and all other utilities (water, sewer, trash, recycling) are a flat $75 monthly fee. Building is equipped with secure entry, elevator, outdoor patio and more! Call or email to schedule your tour! Pet friendly building with one-time $150 fee and monthly pet rent of $45 for dogs and $25 for cats.

Wedgewood Apartments is located in the Stevens Square Neighborhood and 55405 Zip code of Minneapolis, MN.

Property Contact Info

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Floorplan Pricing and Availability

  • 1 Bedroom

    1BR/1.0BA

    1 Bed, 1 Bath, 907 sq ft
    Available Now

    Availability Details

    Availability DateUnitSq FtDepositPhotos
    Available Now102907$1,000

    Unit Description

    **Rental Promotion** Receive ONE MONTH FREE (applied to your second month of residency) Divide the special over 12 months to achieve $1,462/month Lease is signed at market rent of $1,595/mo. 12 month lease or longer! This spacious 1-bedroom unit by Lowry Hill will be sure to impress. Features include in-unit Laundry, stainless steel appliances including a dishwasher, plenty of storage space, and a built in bar between the kitchen and dinning room that is great for entertaining. This unit features fresh paint, updated designer track lighting, brand new stone counter-tops and premium floor with new blinds and more! Building amenities include underground parking, an elevator, and an outdoor patio with grill and lounge furniture. Rent is $1,595 the deposit is $1,000 and the application fee is $45. Pets are more than welcome! One time pet fee of $150 and monthly pet rent of $45 for dogs and $25 for cats. Residents pay Xcel and Centerpoint directly, all other utilities are paid for by building management with a flat $75 monthly utility fee to resident. Call or email to schedule your tour! Riley Companies requires all leaseholders to maintain Liability to Landlord Insurance (LLI). Residents may provide proof of policy that meets our requirements; otherwise, they will be automatically enrolled in LLI coverage at a monthly cost of $10.50.

  • 2 Bedrooms

    2BR/2.0BA

    2 Beds, 2 Baths, 1135 sq ft
    Available Now

    Availability Details

    Availability DateUnitSq FtDepositPhotos
    Available Now1061135$1,000

    Unit Description

    **Rental Promotion** Receive ONE MONTH FREE (applied to your second month of residency) Divide the special over 12 months to achieve $2,012/month Lease is signed at market rent of $2,195/mo. 12 month lease or longer! Seriously, great size apartment for this price and such a great finish. This is a deal! Great location walkable to Loring Park, Uptown, Downtown, Eat Street,Wedge grocery and much more. This large 2 bedroom 2 bathroom unit will be sure to impress. This is a 2nd floor corner unit with it's own private balcony. Unit features includes: -Brand new stainless steel appliances including washer/dryer in unit -Chef's kitchen with stone counter-tops, farmhouse style sink and dishwasher -Freshly painted walls -New lighting throughout -Newly installed designer LVT flooring and more Underground heating parking is available for $125. Rent is $2,195 the deposit is $1,000 and our application fee is $45. Residents pay electricity directly to Xcel and Gas to CenterPoint; all other utilities (water, sewer, trash, recycling) are a flat $75 monthly fee. Building is equipped with secure entry, elevator, outdoor patio and more! Call or email to schedule your tour! Pet friendly building with one-time $150 fee and monthly pet rent of $45 for dogs and $25 for cats. Photos of actual unit. Riley Companies requires all leaseholders to maintain Liability to Landlord Insurance (LLI). Residents may provide proof of policy that meets our requirements; otherwise, they will be automatically enrolled in LLI coverage at a monthly cost of $10.50.

Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Property Information

  • 18 Units
  • 3 Stories
  • Built in 2004

Fees and Policies

Pet Policy and Fees

Cats
Allowed
Dogs
Allowed

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

  • Underground Heated Parking
  • Washer / Dryer in Unit
  • Wood Flooring

Living Area Features

  • Walk In Closets

Map

500 W Franklin Ave, Minneapolis, MN 55405

Getting Around

  • 90 / 100 Exceptionally walkable

    All day-to-day needs are within a few minutes' walk

  • 80 / 100 Strong public transit

    Near rapid transit and frequent bus lines

  • 60 / 100 Moderately bikeable

    Suitable for bicycle commuting and/or recreation

  • 60 / 100 Moderately car friendly

    Good access to freeways and/or major arteries, with a low chance of parking problems

Scores provided by Local Logic details

Getting to Know the Area

  • 90 / 100 Restaurants

    Exceptional variety of restaurants within a few minutes

  • 90 / 100 Cafes

    Exceptional variety of cafés within a few minutes

  • 90 / 100 Nightlife

    Exceptional variety of bars right within a few minutes

  • 80 / 100 Shopping

    Wide variety of shops within a few minutes

  • 80 / 100 Parks

    Very large amount of park space within a few minutes

  • 40 / 100 Noise Level

    Some sources of noise nearby

Scores provided by Local Logic

Points of Interest

Time and distance from Wedgewood Apartments.

Arts Museums and Landmarks

Lake Harriet

Lake Harriet
1 minute drive / 0.25 miles away

Foshay Tower

821 Marquette Avenue South
4 minute drive / 1.37 miles away

Target Field

900 South 5th Street
5 minute drive / 1.75 miles away

Big Box and Retail

Aldi

1311 E Franklin Ave
5 minute drive / 1.71 miles away

Costco

5801 W 16th St
6 minute drive / 3.17 miles away

Target

3601 Highway 100 S
6 minute drive / 3.19 miles away

Colleges and Universities

Minneapolis Community and Technical College

1501 Hennipen Avenue
2 minute drive / 0.95 miles away

University of St. Thomas - Minneapolis Campus

1000 Lasalle Ave
3 minute drive / 1.14 miles away

North Central University

910 Elliot Avenue
4 minute drive / 1.49 miles away

Groceries

Aldi

1311 E Franklin Ave
5 minute drive / 1.71 miles away

Cub Foods

701 W Broadway Ave
5 minute drive / 2.64 miles away

Hospitals

Children's Hospitals & Clinics Of Minnesota

2525 Chicago Avenue South
4 minute drive / 1.37 miles away

Abbott Northwestern Hospital

800 East 28th Street
4 minute drive / 1.47 miles away

Hennepin County Medical Center

701 Park Avenue
4 minute drive / 1.6 miles away

Military Bases

Fort Snelling Military Reservation

13 minute drive / 6.24 miles away

Parks and Recreation

Lake of the Isles

2500 Lake Isles Pkwy. E
1 minute drive / 0.64 miles away

Loring Park

1382 Willow St.
2 minute drive / 0.75 miles away

Cedar Lake

Cedar Lake Parkway and Basswood Road
5 minute drive / 1.8 miles away

Wedgewood Apartments has 5 parks within 2.9 miles, including Lake of the Isles, Loring Park, Cedar Lake, Powderhorn Park, and The Grand Rounds.

Shopping Centers

Kenwood Crossing

2212-2232 Hennepin Ave
1 minute drive / 0.18 miles away

Uptown Square

2532-2546 Hennepin Ave
1 minute drive / 0.43 miles away

Village Center

1804-1816 Nicollet Ave
2 minute drive / 0.68 miles away

Wedgewood Apartments has 5 shopping centers within 0.9 miles.

Transit Stations

Nicollet Mall Station-Hiawatha Line

75 S 5th St
4 minute drive / 1.61 miles away

Government Plaza Station-Hiawatha Line

356 S 5th St
4 minute drive / 1.66 miles away

Target Field Station-Hiawatha Line

5 minute drive / 1.69 miles away

Nearby Neighborhoods

Stevens Square

Studio to 3 Bedroom Apartments from $750
View Rentals

Whittier

Studio to 4 Bedroom Apartments from $1,235
View Rentals

Lowry Hill East

Studio to 6 Bedroom Apartments from $1,265
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Minneapolis Studio Apartments $1,332$595$2,439
Minneapolis 1 Bedroom Apartments $1,641$500$6,639
Minneapolis 2 Bedroom Apartments $2,202$280$10,000+
Minneapolis 3 Bedroom Apartments $2,565$739$10,000+
Minneapolis 4 Bedroom Apartments $2,454$649$7,548
Minneapolis 5 Bedroom Apartments $3,472$650$8,144

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Viewing: Wedgewood Apartments | Desktop Version | Listing Updated: 08/28/2026