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

242 W Franklin Ave
Minneapolis, MN 55404
(651) 370-9047
242 West Franklin Ave in Minneapolis, MN - Building Photo
  • 1 Bedroom Bedrooms
  • $950–$999Rent Pricing
  • 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

Floorplan Pricing and Availability

242 West Franklin Ave offers 1 Bedroom apartments starting from $950 and having 740 sq ft. Here is the current pricing and availability:

    • 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 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 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

    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

    Features and Amenities

    Interior Features

    • Windows
    • High Speed Internet Access
    Google Map

    Map

    242 W Franklin Ave, Minneapolis, MN 55404

    Hours and Contact Info

    Call Us - Open Now!
    Currently Closed
    By Appointment
    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

    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

    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?

    1 Bedrooms at 242 West Franklin Ave currently start from $950. Call today for more info!

    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

    • Cost Per Sq.Ft. 3.6

      The Cost Per Square Foot rating shows you the average cost per square foot for floorplans at this community in relation to the local average.

    • Affordability Good Value3.6

      The 242 West Franklin Ave Apartments are 47.9% cheaper than the average apartment in the Stevens Square area, and 42.5% cheaper than the average apartment city-wide.

      Rent Comparison to the Stevens Square Neighborhood

      FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
      1 Bedroom$950$1,823-$873-47.9%

      Rent Comparison to the city of Minneapolis

      FloorplanLowest Price HereCity Average RentCost Difference%
      1 Bedroom$950$1,651-$701-42.5%

      Methodology: On 04/12/2025, ApartmentHomeLiving.com compared current rents by floorplan to 135 other apartment communities in the immediate area around 242 West Franklin Ave (Stevens Square), and 2325 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 04/12/2025

    • 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
    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
    1 minute drive / 0.29 miles away
    821 Marquette Avenue South
    3 minute drive / 1.11 miles away
    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

    1501 Hennipen Avenue
    2 minute drive / 0.9 miles away
    1000 Lasalle Ave
    2 minute drive / 0.98 miles away
    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

    2525 Chicago Avenue South
    2 minute drive / 0.89 miles away
    800 East 28th Street
    3 minute drive / 1.03 miles away
    701 Park Avenue
    3 minute drive / 1.23 miles away

    Military Bases

    12 minute drive / 5.92 miles away

    Parks and Recreation

    1382 Willow St.
    1 minute drive / 0.65 miles away
    2500 Lake Isles Pkwy. E
    3 minute drive / 1.13 miles away
    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

    1804-1816 Nicollet Ave
    1 minute drive / 0.36 miles away
    2212-2232 Hennepin Ave
    2 minute drive / 0.67 miles away
    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

    356 S 5th St
    4 minute drive / 1.35 miles away
    75 S 5th St
    4 minute drive / 1.37 miles away
    4 minute drive / 1.57 miles away

    Nearby Neighborhoods

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    Rental Price Ranges in the Area

    BedroomAverage RentCheapest RentHighest Rent
    Minneapolis Studio Apartments $1,365$640$6,128
    Minneapolis 1 Bedroom Apartments $1,651$676$10,000+
    Minneapolis 2 Bedroom Apartments $2,309$519$10,000+
    Minneapolis 3 Bedroom Apartments $2,564$495$10,000+
    Minneapolis 4 Bedroom Apartments $2,239$499$5,341
    Minneapolis 5 Bedroom Apartments $3,357$2,295$4,050

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    Viewing: 242 West Franklin Ave | Desktop Version | Listing Updated: 04/11/2025 | AHLGLD