30224 Southfield Rd
SouthfieldMI48076
Cheap Homes for Rent in Franklin Neighborhood of Farmington, MI from $1,300 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Franklin area of Farmington.
1345 E 14 Mile Rd
BirminghamMI48009
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.
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Franklin, Farmington, MI Local Guide
How much does it cost to rent a home in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin 2 Bedroom Homes for Rent | $1,766 | $1,300 | $2,350 |
| Franklin 3 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
| Franklin 4 Bedroom Homes for Rent | $3,171 | $3,171 | $3,171 |
| Franklin 5 Bedroom Homes for Rent | $8,700 | $8,700 | $8,700 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 3 mile radius of the Franklin Neighborhood of Farmington, MI.
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Franklin, Farmington, MI Local Guide
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Best Value Apartments for Rent in Franklin, MI
As of April 19, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lancaster Hills | Woodville | 2BR,2BA | $1.16 |
| Corner Place | One Bedroom | 1BR,1BA | $1.20 |
| Cranbrook Centre - Southfield, MI | 2 Bedroom | 2BR,2BA | $1.40 |
| Regal Towers | 3 Bedroom | 3BR,2BA | $1.24 |
| The Pines | Two Bedroom | 2BR,2BA | $1.04 |
| The Crossroads At Southfield Apartments | Andrew | 1BR,1BA | $1.21 |
| Colony Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.44 |
| Maple Place Apartments | 1-Bed x 1-Bath Garden Apartment | 1BR,1BA | $1.44 |
| Pine Aire | 1 Bedroom / 1 Bath | 1BR,1BA | $1.20 |
| Philamer | 1 Bed, 1 bath | 1BR,1BA | $1.32 |
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Frequently Asked Questions about Franklin
What type of rentals are currently available in Franklin?
There are currently 47 Apartments for Rent in Franklin, MI with pricing that ranges from $825 to $13,000. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $1,300 to $8,700.
What is the current price range for Rental Homes in Franklin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Franklin ranges from $1,300 to $8,700 with an average monthly rent of $4,159.
How much are larger Three and Four Bedroom Rentals in Franklin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Franklin range from $1,429 to $12,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,000 to $3,000. Four Bedroom Single-Family rentals are also available starting from $3,171 and Four Bedroom Apartments start at $1,750.
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.