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Hornig Companies- Hornig Family Limited Partnership
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242 West Franklin Ave offers spacious apartments with large windows, elevators, carports, and storage, alongside a strong overall Zumper rating of 8.8 and excellent marks for price, location, amenities, quality, and trustworthiness. It’s also noted for value per square foot and is well positioned for daily life, with nearby transit, walkability, parks, gyms, wellness options, restaurants, and mixed-use spaces.
Things you’ll love
More spaceGreat for
Social life
Pet owners
Eco living| 0BR/1.0BA | Studio | 1 bath | 400 sqft | $910–$925 /mo | 2 units available | 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 $75.00 9 Month Lease $50.00 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 | |
| 1BR/1.0BA | 1 bed | 1 bath | 740 sqft | $1,005–$1,025 /mo | 3 units available | 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 a breeze 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: Carport Parking: $50 Based on availability, Cat $25.00 6 Month Lease $75.00 9 Month Lease $50.00 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 | |
| 2BR/1.0BA | 2 bed | 1 bath | 900 sqft | $1,325 /mo | 1 unit available | 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 a breeze 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: $50 Covered Carport if available Cat $25.00 6 Month Lease $75.00 9 Month Lease $50.00 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 |
Let's explore this property.
Apartment Amenities
| Central Heat | Heating |
Building
| Cats OK |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Units | 34 |
|---|
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 a breeze 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: Carport Parking: $50 Based on availability, Cat $25.00 6 Month Lease $75.00 9 Month Lease $50.00 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
How 242 West Franklin Ave compares to other nearby properties.
Positives
Considerations
Studio apartments at 242 West Franklin Ave cost about 5% more than the average rent price for studios in Stevens Square.
1-bedroom apartments here are priced 7% lower than 1-bedrooms in Stevens Square.
If you decide to upgrade your space, you can expect 2-bedrooms at 242 West Franklin Ave to be 17% less than the average for similarly sized apartments in Stevens Square.
| Month | Median Rent |
|---|---|
| August 2024 | $1,083 |
| September 2024 | $1,070 |
| October 2024 | $1,041 |
| November 2024 | $1,025 |
| December 2024 | $1,015 |
| January 2025 | $993 |
| February 2025 | $1,001 |
| March 2025 | $1,006 |
| April 2025 | $978 |
| May 2025 | $967 |
| June 2025 | $1,014 |
| July 2025 | $982 |
| August 2025 | $1,033 |
| September 2025 | $1,019 |
| October 2025 | $993 |
| November 2025 | $988 |
| December 2025 | $1,098 |
| January 2026 | $1,079 |
| February 2026 | $1,088 |
| March 2026 | $1,077 |
| April 2026 | $1,032 |
| May 2026 | $1,024 |
| June 2026 | $1,051 |
| July 2026 | $1,046 |
| Month | Median Rent |
|---|---|
| August 2024 | $810 |
| September 2024 | $836 |
| October 2024 | $799 |
| November 2024 | $804 |
| December 2024 | $846 |
| January 2025 | $865 |
| February 2025 | $847 |
| March 2025 | $850 |
| April 2025 | $868 |
| May 2025 | $873 |
| June 2025 | $861 |
| July 2025 | $850 |
| August 2025 | $863 |
| September 2025 | $869 |
| October 2025 | $865 |
| November 2025 | $825 |
| December 2025 | $828 |
| January 2026 | $829 |
| February 2026 | $826 |
| March 2026 | $833 |
| April 2026 | $843 |
| May 2026 | $889 |
| June 2026 | $847 |
| July 2026 | $847 |
Can I afford to live at 242 W Franklin Ave?
Bedrooms
Rent-to-income ratio
30%
$36,400/yr
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