242 West Franklin Ave Apartments

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242 W Franklin Ave, Minneapolis, MN 55404
(651) 370-9047
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242 West Franklin Ave in Minneapolis, MN - Building Photo
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242 West Franklin Ave in Minneapolis, MN - Building Photo - Building Photo
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242 West Franklin Ave in Minneapolis, MN - Building Photo - Building Photo
Building Photo
242 West Franklin Ave in Minneapolis, MN - Building Photo - Building Photo
Building Photo
242 West Franklin Ave in Minneapolis, MN - Building Photo - Building Photo
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Building Photo
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Contact

242 West Franklin Ave

242 W Franklin Ave
Minneapolis, MN 55404
(651) 370-9047
242 West Franklin Ave in Minneapolis, MN - Building Photo
  • Studio–1 Bedrooms
  • $825–$999Rent Pricing
  • 400–740Square 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 Stevens Square Neighborhood and 55404 Zip code of Minneapolis, MN. This community is professionally managed by Hornig Companies, Inc.

Property Contact Info

Ask About Our Move-In Specials

Floorplan Pricing and Availability

242 West Franklin Ave offers Studio to 1 Bedroom apartments starting from $825 and having 400–740 sq ft. Here is the current pricing and availability:

  • Studio

    From $825

    0BR/1.0BA

    Studio, 1 Bath, 400 sq ftAvailable Now

    Availability Details

    PriceAvailability DateUnitSq FtDepositPhotosView Details
    $825Available Now207400$500
    $850Available Now407400$500

    Model Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Model Rent and Fees

    Price Range

    • $825 - $850

    Rent Pricing

    • $825 - $850

    Deposit

    • $500 deposit

    Unit 207 Gallery

    Photos

    Unit 207 Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Unit 207 Rent and Fees

    Price

    • $825

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $825 - $850

    Unit 407 Gallery

    Photos

    Unit 407 Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Unit 407 Rent and Fees

    Price

    • $850

    Deposit

    • $500 deposit

    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 $50.00 9 month Lease $25.00 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

    Model Rent and Fees

    Price

    • $825 - $850

  • 1 Bedroom

    From $950

    1BR/1.0BA

    1 Bed, 1 Bath, 740 sq ftAvailable Now

    Availability Details

    PriceAvailability DateUnitSq FtDepositPhotosView Details
    $950Available Now208740$500
    $999Available Now405740

    Model Amenities and Features

    Features

    • High Speed Internet Access
    • Windows

    Model Rent and Fees

    Price Range

    • $950 - $999

    Rent Pricing

    • $950 - $999

    Deposit

    • $500 deposit

    Unit 208 Gallery

    Photos

    Unit 208 Rent and Fees

    Price

    • $950

    Deposit

    • $500 deposit

    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 $50.00 9 month Lease $25.00 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 YouTube Video URL --

    Model Rent and Fees

    Price

    • $950 - $999

    Unit 405 Gallery

    Photos

    Unit 405 Rent and Fees

    Price

    • $999

    Model Deposit

    • $500 deposit

    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 $50.00 9 month Lease $25.00 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

    Model Rent and Fees

    Price

    • $950 - $999
Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (651) 370-9047 to schedule a tour.

Property Information

Lease Terms

  • 6, 9, 12
Ask About Our Lease Terms

Utilities Included

  • Heat

Parking Fees & Info

Parking Surface

  • Surface Lot

Parking Covered Lot

  • Covered Lot
  • Covered Lot Fee: $50 /Mo

Fee & Deposit Info

Recurring Fees

  • $50 Covered Lot Fee

One-Time Fees

  • $50 Application Fee

3D Tours

2BR, 1BA - 900SF
1BR, 1BA - 640SF

Features and Amenities

Interior Features

  • Windows
  • High Speed Internet Access
Ask About Our Amenities
Google Map

Map

242 W Franklin Ave, Minneapolis, MN 55404

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
(651) 370-9047
Monday9:00 am–6:00 pm
Tuesday9:00 am–6:00 pm
Wednesday9:00 am–6:00 pm
Thursday9:00 am–6:00 pm
Friday9:00 am–5:00 pm
Saturday10:00 am–4:00 pm
SundayClosed
Ask About Live Online Tours

Getting Around

Walk Score®

90 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

87 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

61 / 100

Good Transit

Many nearby public transportation options

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 242 West Franklin Ave

Where is 242 West Franklin Ave located?

242 West Franklin Ave is located at 242 W Franklin Ave near the Stevens Square area of Minneapolis, MN

What is the current rent range at 242 West Franklin Ave?

Studio to 1 Bedroom Apartments at 242 West Franklin Ave currently range from $825 to $999

When is the leasing office open?

  • The office Hours for 242 West Franklin Ave are
  • 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

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Lifestyle Ratings

  • Affordability Good Value3.6

    The 242 West Franklin Ave Apartments are 42.65% cheaper than the average apartment in the Stevens Square area, and 41.6% cheaper than the average apartment city-wide.

    Rent Comparison to the Stevens Square Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    Studio$825$1,333-$508-38.1%
    1 Bedroom$950$1,800-$850-47.2%

    Rent Comparison to the city of Minneapolis

    FloorplanLowest Price HereCity Average RentCost Difference%
    Studio$825$1,378-$553-40.1%
    1 Bedroom$950$1,670-$720-43.1%

    Methodology: On 04/01/2025, ApartmentHomeLiving.com compared current rents by floorplan to 205 other apartment communities in the immediate area around 242 West Franklin Ave (Stevens Square), and 3223 other apartment communities in Minneapolis using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 04/01/2025

  • Transit Friendly 3.4

    Transit Friendly apartments feature a fantastic location and great access to local mass transit.

Learn more about Lifestyle Search

Renters Reviews and Ratings

4.0
2 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

  • franklin avenue apartment

    August 14, 2015
    Good 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, 2015
    clean 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

Minneapolis Public School Dist.
256 Upton Avenue South
Public School - Grades 6-8 (320 Students)
In Attendance Zone5 minute drive / 1.8 miles away
1/10

North Academy Senior High

Minneapolis Public School Dist.
1500 James Avenue North
Public School - Grades 9-12 (487 Students)
In Attendance Zone4 minute drive / 2.3 miles away
3/10

Kenwood Elementary

Minneapolis Public School Dist.
2013 Penn Avenue South
Public School - Grades K-5 (381 Students)
In Attendance Zone3 minute drive / 1.2 miles away
4/10
Contact Us About Nearby Schools
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.

Points of Interest

Time and distance from 242 West Franklin Ave.

Arts Museums and Landmarks

Lake Harriet
Lake Harriet
1 minute drive / 0.29 miles away
Foshay Tower
821 Marquette Avenue South
3 minute drive / 1.11 miles away
Target Field
900 South 5th Street
4 minute drive / 1.35 miles away

Big Box and Retail

Autozone
2940 Clinton Ave
2 minute drive / 0.88 miles away
Aldi
1311 E Franklin Ave
3 minute drive / 1.22 miles away
Target
3601 Highway 100 S
7 minute drive / 3.62 miles away

Colleges and Universities

Minneapolis Community and Technical College
1501 Hennipen Avenue
2 minute drive / 0.9 miles away
University of St. Thomas - Minneapolis Campus
1000 Lasalle Ave
2 minute drive / 0.98 miles away
North Central University
910 Elliot Avenue
3 minute drive / 1.05 miles away

Groceries

Aldi
1311 E Franklin Ave
3 minute drive / 1.22 miles away
Whole Foods
222 Hennepin Ave
4 minute drive / 1.66 miles away
Cub Foods
2850 S 26th Ave
4 minute drive / 2.24 miles away

Hospitals

Children's Hospitals & Clinics Of Minnesota
2525 Chicago Avenue South
2 minute drive / 0.89 miles away
Abbott Northwestern Hospital
800 East 28th Street
3 minute drive / 1.03 miles away
Hennepin County Medical Center
701 Park Avenue
3 minute drive / 1.23 miles away

Military Bases

Fort Snelling Military Reservation
12 minute drive / 5.92 miles away

Parks and Recreation

Loring Park
1382 Willow St.
1 minute drive / 0.65 miles away
Lake of the Isles
2500 Lake Isles Pkwy. E
3 minute drive / 1.13 miles away
Powderhorn Park
3400 15th Ave. S
5 minute drive / 1.82 miles away

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

Village Center
1804-1816 Nicollet Ave
1 minute drive / 0.36 miles away
Kenwood Crossing
2212-2232 Hennepin Ave
2 minute drive / 0.67 miles away
Chicago Crossing
1910-1930 Chicago Ave
2 minute drive / 0.85 miles away

242 West Franklin Ave has 5 shopping centers within 0.9 miles.

Transit Stations

Government Plaza Station-Hiawatha Line
356 S 5th St
4 minute drive / 1.35 miles away
Nicollet Mall Station-Hiawatha Line
75 S 5th St
4 minute drive / 1.37 miles away
Target Field Station-Hiawatha Line
4 minute drive / 1.57 miles away

Nearby Neighborhoods

Stevens Square

Studio to 4 Bedroom Apartments from $700
View Rentals

Stevens Square

Studio to 4 Bedroom Apartments from $700
View Rentals

Whittier

Studio to 4 Bedroom Apartments from $745
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Minneapolis Studio Apartments $1,378$640$6,320
Minneapolis 1 Bedroom Apartments $1,670$789$10,000+
Minneapolis 2 Bedroom Apartments $2,348$519$10,000+
Minneapolis 3 Bedroom Apartments $2,635$495$10,000+
Minneapolis 4 Bedroom Apartments $2,276$495$5,341
Minneapolis 5 Bedroom Apartments $3,445$2,295$4,050

Browse Top Apartments in Minneapolis

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Viewing: 242 West Franklin Ave | Desktop Version | Listing Updated: 03/31/2025 | AHLGLD