Cheap Apartments for Rent in Franklin, MI from $700 (24 Rentals)

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

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Twyckingham Valley
1 to 2 Bedroom Apartments

Twyckingham Valley

22277 W 12 Mile RdSouthfield, MI 48034
Utilities inc.
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Wakefield Apartments
2 to 3 Bedroom Apartments

Wakefield Apartments

29090 Tiffany Dr ESouthfield, MI 48034
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30074 W 12 Mile Rd
$1,3001 Bedroom, 1 Bath RentalsAvailable Feb 22

30074 W 12 Mile Rd

Farmington Hills, MI 48334
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Pebble Creek
1 to 2 Bedroom Apartments

Pebble Creek

28600 Pebblecreek PkySouthfield, MI 48034
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Franklin, MI Local Guide

Cheapest Available Franklin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Franklin, MI is a 1 Bed unit found at Parc on 12 in the Northwestern Highway neighborhood priced from $735. Regal Towers in the Woodcreek neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $829. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parc on 12Nelson - Edward1BR,1BA$735
Regal Towers1 Bedroom1BR,1BA$829
Park at Franklin Senior LivingRobin1BR,1BA$949
Pine Aire1 Bedroom / 1 Bath1BR,1BA$960
Maple Place ApartmentsStudio Garden ApartmentStudio,1BA$995

Best Value Apartments for Rent in Franklin, MI and Nearby

As of February 21, 2025 the best value apartment in the Franklin area is the $1.42 price per square foot Den Malone (C1) Model at Glens of Bloomfield Apartments in the in the Northwestern Highway neighborhood starting from $2,050. The second greatest value Franklin apartment is the Woodville Model at Lancaster Hills starting at $1,890 with a $1.35 price per square foot in the Northwestern Highway 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.
Glens of Bloomfield ApartmentsDen Malone (C1)2BR,2BA$1.42
Lancaster HillsWoodville2BR,2BA$1.35
The PinesTwo Bedroom2BR,2BA$1.04
Carnegie Park ApartmentsA1 Renovated1BR,1BA$1.47
Colony Park Apartments1 BR 1 BATH1BR,1BA$1.34
Franklin River Apartments1 Bedroom 1 Bath Barrier Free1BR,1BA$1.39
Pine Aire1 Bedroom / 1 Bath1BR,1BA$1.14
Chatsford ManorThe Franklin1BR,1BA$1.44
Pebble Creek1 Bed 1 Bath1BR,1BA$1.24
Regal Towers1 Bedroom1BR,1BA$1.26

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Getting Around Franklin, MI

Walk Score®

54 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Maple Place Apartments listed at $995.

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

The lowest price for a Cheap One Bedroom Franklin Apartment is $735 at Parc on 12.

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 $989 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 Pine Aire and starts from $1,425.

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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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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.