301 6th St W
HectorMN55342
Cheap Homes for Rent in Franklin, MN from $600 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.
308 8th St
KerkhovenMN56252
910 E 2nd St
LitchfieldMN55355
69 E Cottonwood St
CottonwoodMN56229
97 9th St
WindomMN56101
102 Lake Ave S
SpicerMN56288
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Franklin, MN Local Guide
Touch the Sky Prairie by Michel Curi is licensed under CC BY 2.0
How much does it cost to rent a home in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin 2 Bedroom Homes for Rent | $1,288 | $680 | $1,750 |
| Franklin 3 Bedroom Homes for Rent | $1,585 | $1,000 | $2,700 |
| Franklin 4 Bedroom Homes for Rent | $1,736 | $1,400 | $2,150 |
| Franklin 5 Bedroom Homes for Rent | $1,945 | $1,945 | $1,945 |
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Franklin, MN Local Guide
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Cheapest Available Franklin Apartments for Rent and Nearby
The cheapest available apartment rental in Franklin, MN is a 2 Beds unit found at RC Square Apartments in the Downtown Marshall neighborhood priced from $625. 45 N High Dr NW in the Downtown Hutchinson neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $695. Here is today’s list of the most affordable Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| RC Square Apartments | 2 Bedroom | 2BR,1BA | $625 |
| 45 N High Dr NW | 2 bedroom | 2BR,1BA | $695 |
| Bethel On Bryant | Renville - 2/1 | 2BR,1BA | $750 |
Best Value Apartments for Rent in Franklin, MN and Nearby
As of April 14, 2025 the best value apartment in the Franklin area is the $1.11 price per square foot 1x1 Model at 2209 White Oak Dr in the starting from $1,875. The second greatest value Franklin apartment is the 4 Bedroom - Lower Level Model at Windom Landing starting at $975 with a $0.71 price per square foot . 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. |
|---|---|---|---|
| 2209 White Oak Dr | 1x1 | 3BR,2.5BA | $1.11 |
| Windom Landing | 4 Bedroom - Lower Level | 4BR,2BA | $0.71 |
| Sleepy Eye Apartments Homes | 3 Bedroom 2 Bath | 3BR,2BA | $1.35 |
| Somerset Properties | Three Bedroom A - By The Lake | 3BR,2BA | $1.17 |
| Briarwood Estates | 901D Briarwood | 3BR,2BA | $1.30 |
| Red Skye Lofts | 1 Bedroom | 1BR,1BA | $0.91 |
| RC Square Apartments | 2 Bedroom | 2BR,1BA | $0.70 |
| Bethel On Bryant | Renville - 2/1- Premium | 2BR,1BA | $1.33 |
| 45 N High Dr NW | 2 bedroom | 2BR,1BA | $0.82 |
| Block 100 | One Bedroom | 1BR,1BA | $1.36 |
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Frequently Asked Questions about Franklin
What type of rentals are currently available in Franklin?
There are currently 58 Apartments for Rent in Franklin, MN with pricing that ranges from $625 to $2,125. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $680 to $2,700.
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 $680 to $2,700 with an average monthly rent of $1,517.
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 $1,150 to $1,990, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $975.
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.
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.
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.
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.
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.