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Riverside Flats apartments in Minneapolis, MN

Prices last verified

Riverside Flats

Prices last verified ; availability may have changed since

8
Units Listed
$1,175
Starting at
$1,356
Average
$1,500
Highest
$1.83
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Howe rent trends

Beds

Pricing by Bedroom

1 Bed
$1,205
from $1,175 · 2 units
~655 sqft avg
2 Bed
$1,406
from $1,375 · 6 units
~768 sqft avg

Rent Distribution

The final bar groups units at that price or more when the range is wide.

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Lines hold the last known price between updates. Diamond markers show changes in quote terms.

Timeframe

Property Price Trend

Estimated Building Revenue

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$210K

$2.5M annual run rate

Modeled estimate

Est. Occupancy

95%

of about 167 units (modeled from leasing activity)

Effective Rent on New Leases

$1,322

vs $1,356 current asking ($34 negotiation gap)

Recent Lease Activity

43 units tracked; 35 assumed leased, 8 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

8

Moderate availability

0 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

The available listings show few signs of room to negotiate.

Available Units

8 units

Select a unit to see its price history and link to the rental site.

These prices were last verified on October 23, 2026. We have not been able to confirm current availability since, so some units may no longer be listed.

1 Bed Unit l for Details!|940 Franklin Ter., # 211
$1,175/mo
670 ft² · $1.75/ft²

Available: Contact for availability

1 Bed Unit ion – Call for Details!|940 Franklin Ter., # 211
$1,235/mo
640 ft² · $1.93/ft²

Available: Contact for availability

2 Bed Unit ion – Call for Details!|940 Franklin Ter., # 205
$1,375/mo
755 ft² · $1.82/ft²

Available: Contact for availability

2 Bed Unit ion – Call for Details!|940 Franklin Ter., # 310
$1,375/mo
740 ft² · $1.86/ft²

Available: Contact for availability

2 Bed Unit ion – Call for Details!|940 Franklin Ter., # 201
$1,395/mo
800 ft² · $1.74/ft²

Available: Contact for availability

Train activity

Train activity nearby

Freight line 2,407 ft away

  • Trains pass infrequently
  • No road crossing within earshot. Horns unlikely.
  • Operator: MNNR

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Minneapolis, MN notes

No resident notes for this property yet.

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