Highlights
- Non-smoking building
- On-site laundry, extra storage
Location
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Property management
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Franklin offers a strong overall value, with an 8.3 Zumper Expert Rating supported by high marks for price and location, plus solid amenities, quality, and trustworthiness. Notable features include a non-smoking building, on-site laundry, and extra storage, while nearby conveniences make it stand out for work-from-home, pet-friendly, and fitness-oriented lifestyles.
Things you’ll love
Great for
| 0BR/1.0BA | Studio | 1 bath | $920 /mo | 1 unit available | This top floor studio apartment is loaded with character including large windows that allow for lots of natural sunlight, hardwood flooring throughout, and exposed brick walls in the kitchen and living room! The bedroom area includes a large double door closet too! Laundry and extra storage are available on site. Heat, water, and garbage are included in rent. This is a non-smoking building. The building is located in the beautiful Lowry Hill neighborhood in south Minneapolis, near the intersection of Franklin and Hennepin Avenues. Restaurants, entertainment, and shopping are mere blocks away on Franklin & Lyndale, and there are more shops and dining options further south on Hennepin. Lake of the Isles is a short 7 block walk away, with its connecting bike trails that lead around all four of the south Minneapolis city lakes - Isles, Bde Maka Ska, Cedar, and Harriet. It's easy to access the Midtown Greenway as well, running just south of Lake of the Isles. The Walker Art Center and Sculpture Garden are easy to reach, as well as beautiful Loring Park and Downtown Minneapolis. Utilities: Resident responsible for Electric and Internet. Resident is responsible for its proportionate share of Water & Sewage estimated at $31.00 per resident. Trash Fee: $15 a month per unit. Heat is covered by the building. Pet Rent: $35 per pet per month. Pet Deposit: $300 nonrefundable. Resident is required to provide proof of Renters Insurance or resident will be charged $15.00 a month for liability of lease insurance as provided by the building. Rental Requirements: ALL APPLICANTS MUST QUALIFY UNDER EACH REQUIREMENT. • Age: Must be at least 21 years of age to contract for lease. • A credit, housing, and criminal conviction background check is run on all applicants. • Applicant should have good credit. Charged off accounts, collections, judgments, or bankruptcies may be grounds for denial. • Rental History: The applicant(s) should have a positive past rental history or have previously owned a home (with mortgage in good standing). This includes no late rent payments, eviction actions, lease violations, or other negative housing history. • Income: A prospective Resident should meet the minimum income requirements must have a gross monthly income of at least 2.85 times the monthly rent |
Let's explore this property.
Building
| Cats OK |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 33 |
|---|
This top floor studio apartment is loaded with character including large windows that allow for lots of natural sunlight, hardwood flooring throughout, and exposed brick walls in the kitchen and living room! The bedroom area includes a large double door closet too! Laundry and extra storage are available on site. Heat, water, and garbage are included in rent. This is a non-smoking building. The building is located in the beautiful Lowry Hill neighborhood in south Minneapolis, near the intersection of Franklin and Hennepin Avenues. Restaurants, entertainment, and shopping are mere blocks away on Franklin & Lyndale, and there are more shops and dining options further south on Hennepin. Lake of the Isles is a short 7 block walk away, with its connecting bike trails that lead around all four of the south Minneapolis city lakes - Isles, Bde Maka Ska, Cedar, and Harriet. It's easy to access the Midtown Greenway as well, running just south of Lake of the Isles. The Walker Art Center and Sculpture Garden are easy to reach, as well as beautiful Loring Park and Downtown Minneapolis. Utilities: Resident responsible for Electric and Internet. Resident is responsible for its proportionate share of Water & Sewage estimated at $31.00 per resident. Trash Fee: $15 a month per unit. Heat is covered by the building. Pet Rent: $35 per pet per month. Pet Deposit: $300 nonrefundable. Resident is required to provide proof of Renters Insurance or resident will be charged $15.00 a month for liability of lease insurance as provided by the building. Rental Requirements: ALL APPLICANTS MUST QUALIFY UNDER EACH REQUIREMENT. • Age: Must be at least 21 years of age to contract for lease. • A credit, housing, and criminal conviction background check is run on all applicants. • Applicant should have good credit. Charged off accounts, collections, judgments, or bankruptcies may be grounds for denial. • Rental History: The applicant(s) should have a positive past rental history or have previously owned a home (with mortgage in good standing). This includes no late rent payments, eviction actions, lease violations, or other negative housing history. • Income: A prospective Resident should meet the minimum income requirements must have a gross monthly income of at least 2.85 times the monthly rent
How Franklin compares to other nearby properties.
Positives
Considerations
studio apartments at Franklin cost about 3% more than the average rent price for studio apartments in Lowry Hill.
| Month | Median Rent |
|---|---|
| August 2024 | $1,100 |
| 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 |
| August 2026 | $1,050 |
| Month | Median Rent |
|---|---|
| August 2024 | $885 |
| September 2024 | $895 |
| December 2024 | $875 |
| January 2025 | $906 |
| February 2025 | $928 |
| March 2025 | $895 |
| April 2025 | $892 |
| May 2025 | $895 |
| June 2025 | $894 |
| July 2025 | $894 |
| September 2025 | $895 |
| October 2025 | $875 |
| November 2025 | $895 |
| December 2025 | $899 |
| February 2026 | $895 |
| March 2026 | $906 |
| April 2026 | $917 |
| May 2026 | $901 |
| June 2026 | $895 |
| July 2026 | $902 |
| August 2026 | $895 |
Can I afford to live at 1117 W Franklin Ave?
Bedrooms
StudioRent-to-income ratio
30%
$36,800/yr
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