Cheap Homes for Rent in Franklin, MD from $500 (9 Rentals)

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Franklin, MD Local Guide

Cheapest Available Franklin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Franklin, MD is a 1 Bed unit found at Greene Gables priced from $659. Yellowbud Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $718. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Greene Gables1 Bedroom1BR,1BA$659
Yellowbud Place1 Bedroom Unit1BR,1BA$718
Bayberry Place2 Bedroom Unit2BR,1BA$754

Best Value Apartments for Rent in Franklin, MD and Nearby

As of March 25, 2025 the best value apartment in the Franklin area is the $0.80 price per square foot 203 Greene St Model at 203 Greene St, Unit 203 GREENE ST APT 4 in the in the West Side neighborhood starting from $1,200. The second greatest value Franklin apartment is the Three Bedroom Floorplan Model at Crystal Chase Apartments starting at $1,058 with a $0.76 price per square foot in the Taylor Ridge 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.
203 Greene St, Unit 203 GREENE ST APT 4203 Greene St2BR,2BA$0.80
Crystal Chase ApartmentsThree Bedroom Floorplan3BR,2BA$0.76
Bayberry Place2 Bedroom Unit2BR,1BA$0.82
Greene Gables2 Bedroom2BR,1BA$0.94
Bayridge GreeneTwo Bedroom2BR,1.5BA$0.94
113 E Main St, Unit 201113 E Main St1BR,1BA$1.24
84 Bowery St, Unit 184 Bowery St2BR,1BA$1.08
2 Decatur St, Unit 12 Decatur St1BR,1BA$1.25
Yellowbud Place1 Bedroom Unit1BR,1BA$1.09
Meridian Point1 BR1BR,1BA$1.64

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Frequently Asked Questions about Franklin

What type of rentals are currently available in Franklin?

There are currently 41 Apartments for Rent in Franklin, MD with pricing that ranges from $300 to $2,000. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $550 to $4,000.

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 $550 to $4,000 with an average monthly rent of $1,343.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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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.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.