Located at 242 W Franklin Ave in Minneapolis, MN, this two-bedroom, one-bathroom unit offers a practical and well-organized floor plan across a single level. The living room is a bright, open space featuring rich hardwood-style flooring and large windows that invite generous natural light and views of the surrounding neighborhood. Baseboard heating runs along the perimeter, ensuring consistent warmth throughout. The kitchen is efficiently designed with warm wood cabinetry, a double-basin sink, a white electric range, and a full-size refrigerator — providing ample storage and functionality for everyday cooking. Hardwood-style flooring continues here, maintaining a cohesive look. Both bedrooms are carpeted for comfort and feature vertical blinds over sizable windows that bring in natural light. The primary bedroom offers notably generous dimensions, while the second bedroom includes a built-in closet with sliding doors. Baseboard heaters are present in both rooms. The bathroom is finished with classic white tile wainscoting, mosaic tile flooring, a vanity with cabinet storage, and a bathtub — offering a clean, functional layout. A connecting hallway ties all rooms together efficiently, completing this straightforward and comfortable floor plan.
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Total Monthly Price
$1,065 - $1,080
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Bedrooms
Studio bd
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Bathrooms
1 ba
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Square Feet
400 sq ft
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.
Highlights
- Walker's Paradise
- Premier Transit Location
Pricing & Floor Plans
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Unit 407price $1,065square feet 400availibility Now
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Unit 310price $1,080square feet 400availibility Now
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Unit 407price $1,065square feet 400availibility Now
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Unit 310price $1,080square feet 400availibility Now
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.
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Utilities & Essentials
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12 Month LeaseCharged per unit.$0 / mo
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Liability InsuranceCharged per unit.$15 / mo
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Trash Admin FeeCharged per unit.$15 / mo
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9 Month LeaseCharged per unit.$50 / mo
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6 month leaseCharged per unit.$75 / mo
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Utility - Water/SewerCharged per unit.Varies / mo
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One-Time Basics
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Due at Application
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Application Fee Per ApplicantCharged per applicant.$50
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Due at Move-In
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Security Deposit - RefundableCharged per unit.$500
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Due at Application
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Cats
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Pet DepositMax of 2. Charged per pet.$300
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Pet FeeMax of 2. Charged per pet.$25 / mo
0 lbs. Weight Limit -
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Covered
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Parking FeeCharged per vehicle.$50 / mo
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Additional Parking Options
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Surface Lot
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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.
Details
Utilities Included
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Heat
Lease Options
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6 - 12 Month Leases
Property Information
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Built in 1961
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34 units/3 stories
Matterport 3D Tours
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 an apartment community located in Hennepin County and the 55404 ZIP Code. This area is served by the Minneapolis Public School Dist. attendance zone.
Unique Features
- heat
Apartment Features
- High Speed Internet Access
- Smoke Free
Located less than two miles south of downtown Minneapolis, Stevens Square creates a rich and diverse mid-city experience. Living here puts you just minutes from some of the best nightlife and shopping in the Twin Cities, and ample public transportation leaves it all at your fingertips. The neighborhood itself has its own charm with a strong artistic presence and a trend toward green living.
Artists are drawn to Stevens Square for its laid-back vibe, breathtaking view of the downtown cityscape, and close proximity to various art schools. Others choose Stevens Square for the affordable housing and convenient location. You'll also find a vibrant community of pet lovers thanks to the neighborhood's abundance of pet-friendly apartments.
Learn more about living in Stevens SquareCompare neighborhood and city base rent averages by bedroom.
| Stevens Square | Minneapolis, MN | |
|---|---|---|
| Studio | $869 | $1,152 |
| 1 Bedroom | $1,028 | $1,425 |
| 2 Bedrooms | $1,415 | $2,126 |
| 3 Bedrooms | $1,983 | $2,412 |
- heat
- High Speed Internet Access
- Smoke Free
| Monday | 9am - 6pm |
|---|---|
| Tuesday | 9am - 6pm |
| Wednesday | 9am - 6pm |
| Thursday | 9am - 6pm |
| Friday | 9am - 5pm |
| Saturday | 10am - 4pm |
| Sunday | Closed |
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 4 min | 1.2 mi | |
| Drive: | 3 min | 1.2 mi | |
| Drive: | 4 min | 1.4 mi | |
| Drive: | 6 min | 3.3 mi |
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 a scale of 1 (below average) 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 family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
Transportation options available in Minneapolis include Nicollet Mall Station, located 1.5 miles from 242 West Franklin Ave. 242 West Franklin Ave is near Minneapolis-St Paul International/Wold-Chamberlain, located 11.3 miles or 21 minutes away.
| Transit / Subway | Distance | ||
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| Transit / Subway | Distance | ||
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Drive: | 5 min | 1.5 mi |
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Drive: | 5 min | 1.7 mi |
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Drive: | 6 min | 1.8 mi |
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Drive: | 5 min | 1.9 mi |
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Drive: | 6 min | 2.0 mi |
| Commuter Rail | Distance | ||
|---|---|---|---|
| Commuter Rail | Distance | ||
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Drive: | 7 min | 2.4 mi |
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Drive: | 15 min | 9.2 mi |
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Drive: | 17 min | 11.1 mi |
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Drive: | 30 min | 20.3 mi |
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Drive: | 31 min | 22.0 mi |
| Airports | Distance | ||
|---|---|---|---|
| Airports | Distance | ||
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Minneapolis-St Paul International/Wold-Chamberlain
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Drive: | 21 min | 11.3 mi |
Scores provided by
What do Walkability, Transit, Drivability, and Bikeability mean?
Walkability measures the walking distance to day-to-day needs.
Transit measures access to public transportation.
Drivability measures congestion, parking availability, and access to major roads.
Bikeability measures the suitability for cycling.
How It Works
Traffic
BusyAirport
CalmBusinesses
ActiveScores provided by
HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It WorksTime and distance from 242 West Franklin Ave.
| Shopping Centers | Distance | ||
|---|---|---|---|
| Shopping Centers | Distance | ||
| Walk: | 7 min | 0.4 mi | |
| Walk: | 7 min | 0.4 mi | |
| Walk: | 10 min | 0.5 mi |
| Parks and Recreation | Distance | ||
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| Parks and Recreation | Distance | ||
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Stevens Square Park
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Walk: | 10 min | 0.5 mi |
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Washburn Fair Oaks Park
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Walk: | 12 min | 0.6 mi |
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Loring Park
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Walk: | 14 min | 0.7 mi |
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Thomas Lowry Park
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Walk: | 14 min | 0.7 mi |
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Minneapolis Sculpture Garden
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Walk: | 15 min | 0.8 mi |
| Hospitals | Distance | ||
|---|---|---|---|
| Hospitals | Distance | ||
| Drive: | 4 min | 1.5 mi | |
| Drive: | 5 min | 1.8 mi | |
| Drive: | 5 min | 1.8 mi |
| Military Bases | Distance | ||
|---|---|---|---|
| Military Bases | Distance | ||
| Drive: | 16 min | 8.3 mi |
242 West Franklin Ave Photos
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242 West Franklin Ave
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2BR, 1BA - 900SF
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242 West Franklin Ave does not offer in-unit laundry or shared facilities. Please contact the property to learn about nearby laundry options.
242 West Franklin Ave includes heat in rent. Residents are responsible for any other utilities not listed.
Parking is available at 242 West Franklin Ave. Fees may apply depending on the type of parking offered. Contact this property for details.
Yes, 242 West Franklin Ave welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.
A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $1,065 for a studio, you would need to earn about $42,600 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.
242 West Franklin Ave is not currently offering any rent specials. Check back soon, as promotions change frequently.
Yes! 242 West Franklin Ave offers 2 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.
242 W Franklin Ave
Minneapolis, MN 55404
Property Manager Responded