31136 W 10 Mile Rd
Farmington HillsMI48336
Cheap Homes for Rent in Franklin, MI from $800 (12 Rentals)
Cheap Homes in Franklin.
25555 Lahser Rd
SouthfieldMI48033
24056 Middlebelt Rd
Farmington HillsMI48336
30052 W 12 Mile Rd
Farmington HillsMI48334
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
30224 Southfield Rd
SouthfieldMI48076
27689 Echo Valley E
Farmington HillsMI48334
31993 W 12 Mile Rd
Farmington HillsMI48334
30450 Orchard Lake Rd
Farmington HillsMI48334
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.
22229 Atlantic Pointe
Farmington HillsMI48336
27619 Shiawassee St
Farmington HillsMI48336
26217 Summerdale Dr
SouthfieldMI48033
6633 Bellows Ct
West BloomfieldMI48322
Check Out Detroit’s Best Affordable Neighborhoods
Learn about Detroit and the best places to live with original content written by our Local Expert Tim Brown
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Franklin, MI Local Guide
Downtown Franklin by Traveler100 is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin 2 Bedroom Homes for Rent | $2,098 | $1,200 | $4,300 |
| Franklin 3 Bedroom Homes for Rent | $3,682 | $1,695 | $10,000+ |
| Franklin 4 Bedroom Homes for Rent | $3,742 | $2,250 | $7,000 |
| Franklin 5 Bedroom Homes for Rent | $8,700 | $8,700 | $8,700 |
Browse Top Homes for Rent in Franklin
Explore Franklin
Franklin, MI Local Guide
- Franklin Neighborhoods
- Nearby Cities
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- Local Counties
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Cheapest Available Franklin Apartments for Rent and Nearby
The cheapest available apartment rental in Franklin, MI is a 1 Bed unit found at Regal Towers in the Woodcreek neighborhood priced from $779. Parc on 12 in the Woodcreek neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $905. Here is today’s list of the most affordable Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Regal Towers | 1 Bedroom | 1BR,1BA | $779 |
| Parc on 12 | Nelson - Edward | 1BR,1BA | $905 |
| Imperial Apartments | 1 Bedroom | 1BR,1BA | $949 |
| Park at Franklin Senior Living | Robin | 1BR,1BA | $949 |
| The Franklin | Studio - A | Studio,1BA | $1,005 |
Best Value Apartments for Rent in Franklin, MI and Nearby
As of May 02, 2025 the best value apartment in the Franklin area is the $1.21 price per square foot The Andover Model at Edge At Farmington Hills in the in the Woodcreek neighborhood starting from $2,025. The second greatest value Franklin apartment is the Woodville Model at Lancaster Hills starting at $1,630 with a $1.16 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Edge At Farmington Hills | The Andover | 2BR,2BA | $1.21 |
| Lancaster Hills | Woodville | 2BR,2BA | $1.16 |
| STRAWBERRY LANE APARTMENTS | ASPEN 2 | 2BR,2BA | $1.15 |
| Regal Towers | 3 Bedroom | 3BR,2BA | $1.24 |
| Colony Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.45 |
| Franklin River Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.34 |
| The Pines | One Bedroom | 1BR,1BA | $1.26 |
| Pine Aire | 1 Bedroom / 1 Bath | 1BR,1BA | $1.20 |
| Pebble Creek | 1 Bed 1 Bath | 1BR,1BA | $1.24 |
| Parc on 12 | Nelson - Edward | 1BR,1BA | $1.39 |
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Frequently Asked Questions about Franklin
What type of rentals are currently available in Franklin?
There are currently 56 Apartments for Rent in Franklin, MI with pricing that ranges from $745 to $8,700. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $800 to $10,000.
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 $800 to $10,000 with an average monthly rent of $3,881.
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 $3,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $10,000. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $2,435.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
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Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
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.