Find Rentals in Minneapolis

Houses for Rent

Apartments for Rent

Explore Listings

Property Managers

Listings Quality Policy

Renter Resources

Avoid Scams & Fraud

Rent vs. Buy Calculator

Rent Affordability Calculator

Help & Support

1 / 10

Updated - today

Verified

Pet Friendly

500 W Franklin Ave

Minneapolis, MN 55405 - Hennepin County

Apartment

2 beds

2 baths

1,135-1,235 sqft

About 500 W Franklin Ave

Great location walkable to Loring Park, Uptown, Downtown, Eat Street, Wedge grocery and much more. Apartment features includes: Brand new Ge appliance package. Washer/dryer in unit. Chef's kitchen with stainless steel appliances and dishwasher. Stone counter-tops with farmhouse style sink. Freshly painted walls. New lighting throughout. Newly installed designer Lvt flooring and more. Underground heating parking is available for $125. The deposit is $1,000 and our application fee is $45. Residents pay electricity directly to Xcel and all other utilities (water, sewer, trash, recycling) are a flat $75 monthly fee. Building is equipped with secure entry, elevator, outdoor patio and more. Pet friendly building with one-time $150 fee and monthly pet rent of $45 for dogs and $25 for cats. Dishwasher, Elevator, Laundry In Unit, Washer / Dryer in Unit, Stainless Steel Appliances, Underground Heated Parking & Wood Flooring. Pet Friendly.

RentalSource last checked: June 12, 2026 · 8:54 AM ET

Managed by: Riley Companies · (612) 255-9489 · Appfolio

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$1,895 - $2,195
Bedrooms:	2 beds
Bathrooms:	2 baths

Size:	1,135-1,235 sqft
Pet Friendly:	Yes
Listing Status:	Active
ID:	82826713

Property Amenities

• Balcony/Patio

• Dishwasher

• Pet Friendly

• Washer/Dryer In Unit

Community Features

• Laundry Facilities

• Parking

Unit Rates

Name	Beds	Baths	Sqft	Rent
2 Beds	2	2	1,235	$1,895
2 Beds	2	2	1,135	$1,895 - $2,195
2 Beds	2	2	1,150	$2,095

Additional Details

Apartments for rent in Minneapolis for $1,895-$2,195 with 2 beds, 2 baths, 1,135-1,235 sqft, pet friendly and located at 500 W Franklin Ave in Minneapolis, MN 55405. The averaged rental price of $2,045 is 5.2% ($102) higher than the average rent of $1,943 for a 2 bedroom apartment in Minneapolis, MN and 3.0% ($59) higher than the average rent of $1,986 for a 2 bedroom apartment in Hennepin County. This apartment is in the Minneapolis Public. School District and the nearest schools are Emerson Elementary School, Andersen Middle and Wellstone International High School. 500 W Franklin Ave was advertised by Riley Companies on January 9, 2026 at 10:08 AM ET and last updated today at 8:54 AM ET.

Affordability Calculator

Can I afford to live at 500 W Franklin Ave?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$75,800 /year

With your chosen rent-to-income ratio, an annual income of $75,800 is recommended to comfortably afford this 2-bedroom rental priced at $1,895 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$1,895 - $2,195

Rent Affordability Calculator

Interested in 500 W Franklin Ave?

Find out more about this property & see if it's available now.

Property managed by:

Riley Companies
(612) 255-9489

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.