7326 Ashton Ave
DetroitMI48228
Cheap Homes for Rent in Franklin Park Neighborhood of Detroit, MI from $600 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Franklin Park area of Detroit.
8426 Asbury Park
DetroitMI48228
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
9345 Rutherford St
DetroitMI48228
7425 Stahelin Ave
DetroitMI48228
Check Out Detroit’s Best Affordable Neighborhoods
Learn about Detroit and the best places to live with original content written by our Local Expert Tim Brown
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Franklin Park, Detroit, MI Local Guide
How much does it cost to rent a home in Franklin Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Park 2 Bedroom Homes for Rent | $1,087 | $900 | $1,250 |
| Franklin Park 3 Bedroom Homes for Rent | $1,311 | $1,000 | $1,500 |
| Franklin Park 4 Bedroom Homes for Rent | $1,375 | $1,100 | $1,475 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Franklin Park Neighborhood of Detroit, MI.
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Best Value Apartments for Rent in Franklin Park, MI
As of April 17, 2025 the best value apartment in the Franklin Park area is the $1.22 price per square foot newly renovated two bedroom Model at Dorchester Arms in the in the North Rosedale Park neighborhood starting from $1,100. The second greatest value Franklin Park apartment is the ROB Model at River Oaks starting at $1,175 with a $1.38 price per square foot in the Warrendale neighborhood. Here is today’s list of the best values for Franklin Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Dorchester Arms | newly renovated two bedroom | 2BR,1BA | $1.22 |
| River Oaks | ROB | 2BR,1BA | $1.38 |
| Franklin Village Apartments | 2 Bed 1 Bath Townhome | 2BR,1BA | $1.54 |
| Blackstone Apartments | 1 Bedroom | 1BR,1BA | $0.93 |
| Romarta Apartments | 1-Bedroom | 1BR,1BA | $1.36 |
| Ramblewood Apartments | 1BR/ 1BA | 1BR,1BA | $1.42 |
| Stanley Manor Apartments | 1 - bedroom | 1BR,1BA | $1.22 |
| Greenview Apartments | 1-Bedroom | 1BR,1BA | $1.30 |
| Plymouth Square Village | Income-Based Senior 1 Bedroom High Rise | 1BR,1BA | $1.90 |
| Top of the Drive Apartments | Studio | Studio ,1BA | $1.25 |
Frequently Asked Questions about Franklin Park
What type of rentals are currently available in Franklin Park?
There are currently 88 Apartments for Rent in Franklin Park, MI with pricing that ranges from $625 to $2,500. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin Park ranging from $680 to $1,500.
What is the current price range for Rental Homes in Franklin Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Franklin Park ranges from $680 to $1,500 with an average monthly rent of $1,183.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.