Cheap Apartments for Rent in the Franklin Neighborhood of Farmington, MI from $700 (30 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Franklin area of Farmington.

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Wakefield Apartments
2 to 3 Bedroom Apartments

Wakefield Apartments

29090 Tiffany Dr ESouthfield, MI 48034
  • Utilities Included
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Altitude Apartments
1 to 2 Bedroom Apartments

Altitude Apartments

4312-4316 W 13 Mile RdRoyal Oak, MI 48073
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Laurel Woods
2 Bedroom Apartments

Laurel Woods

22200 Laurel Woods CtSouthfield, MI 48034
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Showing Results 1-30, Page 1 of 1

Franklin, Farmington, MI Local Guide

Cheapest Available Franklin Apartments for Rent

 

The cheapest available apartment rental in the Franklin area of Detroit, MI is a 1 Bed unit found at Regal Towers priced from $779. Edgewood Court North has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here are the most affordable Franklin apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Regal Towers1 Bedroom1BR,1BA$779
Edgewood Court NorthStudioStudio,1BA$925
The Alcove SouthfieldS1Studio,1BA$945
Parc on 12Nelson - Edward1BR,1BA$945
Philamer1 Bed, 1 bath1BR,1BA$975
Pine Aire1 Bedroom / 1 Bath1BR,1BA$1,010
Imperial Apartments1 Bedroom1BR,1BA$1,149
The Lakes1 BED 1 BATH STYLE C1BR,1BA$1,180
The PinesTwo Bedroom2BR,2BA$1,200
Maple Place Apartments1-Bed x 1-Bath Garden Apartment1BR,1BA$1,210

Best Value Apartments for Rent in Franklin, MI

As of April 22, 2025 the best value apartment in the Franklin area is the $1.16 price per square foot Woodville Model at Lancaster Hills in the in the Northwestern Highway neighborhood starting from $1,625. The second greatest value Franklin apartment is the One Bedroom Model at Corner Place starting at $1,445 with a $1.20 price per square foot in the Fries Park neighborhood. Here is today’s list of the best values for Franklin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lancaster HillsWoodville2BR,2BA$1.16
Corner PlaceOne Bedroom1BR,1BA$1.20
Cranbrook Centre - Southfield, MI2 Bedroom2BR,2BA$1.40
Regal Towers3 Bedroom3BR,2BA$1.24
The PinesTwo Bedroom2BR,2BA$1.04
The Crossroads At Southfield ApartmentsAndrew1BR,1BA$1.21
Colony Park Apartments1 Bedroom 1 Bath1BR,1BA$1.44
Maple Place Apartments1-Bed x 1-Bath Garden Apartment1BR,1BA$1.44
Pine Aire1 Bedroom / 1 Bath1BR,1BA$1.20
Philamer1 Bed, 1 bath1BR,1BA$1.32

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Pet Friendly Lifestyle
Franklin, Farmington, MI

Ranked #4

Among neighborhoods in Farmington, MI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Franklin Apartments

What is the Cheapest Studio apartment in Franklin?

Currently the most affordable Cheap Studio Apartment in Franklin is at Edgewood Court North listed at $925.

How much is rent for a Cheap One Bedroom Franklin Apartment?

The lowest price for a Cheap One Bedroom Franklin Apartment is $779 at Regal Towers.

What is the lowest price for a Cheap Two Bedroom Franklin Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Franklin is starting from $929 at Regal Towers.

What is the most affordable Franklin Three Bedroom Apartment?

The best deal on a cheap Franklin Three Bedroom Apartment rental is at Regal Towers and starts from $1,429.

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

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.

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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.

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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.

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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.