Cheap Homes for Rent in Franklin Park Neighborhood of Detroit, MI from $600 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in the Franklin Park area of Detroit.

property at 20619 W Chicago

20619 W Chicago

DetroitMI48228

Check Out Detroit’s Best Affordable Neighborhoods

Learn about Detroit and the best places to live with original content written by our Detroit, MI Local Expert Tim Brown

Cheapest Available Franklin Park Apartments for Rent

 

The cheapest available apartment rental in the Franklin Park area of Detroit, MI is a Studio unit found at Top of the Drive Apartments priced from $625. Stanley Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Franklin Park apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Top of the Drive ApartmentsStudioStudio,1BA$625
Stanley Manor Apartments1 - bedroom1BR,1BA$700
Blackstone Apartments1 Bedroom1BR,1BA$700

Best Value Apartments for Rent in Franklin Park, MI

As of March 27, 2025 the best value apartment in the Franklin Park area is the $1.43 price per square foot ROB Model at River Oaks in the in the Warrendale neighborhood starting from $1,215. The second greatest value Franklin Park apartment is the 1 Bedroom Model at Blackstone Apartments starting at $700 with a $0.93 price per square foot in the North Rosedale Park neighborhood. Here is today’s list of the best values for Franklin Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River OaksROB2BR,1BA$1.43
Blackstone Apartments1 Bedroom1BR,1BA$0.93
Romarta Apartments1-Bedroom1BR,1BA$1.36
Ramblewood Apartments1BR/ 1BA1BR,1BA$1.42
Franklin Village Apartments2 Bed 1 Bath Garden2BR,1BA$1.51
Stanley Manor Apartments1 - bedroom1BR,1BA$1.14
Greenview Apartments1-Bedroom1BR,1BA$1.30
Fairlane Meadow Apartments and TownhomesJasmine1BR,1BA$2.05
Plymouth Square VillageIncome-Based Senior 1 Bedroom High Rise1BR,1BA$1.90
Top of the Drive ApartmentsStudioStudio ,1BA$1.25

Frequently Asked Questions about Franklin Park

What type of rentals are currently available in Franklin Park?

There are currently 86 Apartments for Rent in Franklin Park, MI with pricing that ranges from $625 to $2,500. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin Park ranging from $680 to $3,500.

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 $3,500 with an average monthly rent of $1,219.

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.

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A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent

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I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

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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.

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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.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.