Cheap Apartments for Rent in Franklin, WI from $600 (28 Rentals)

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Park Water Apartments
1 to 3 Bedroom Apartments

Park Water Apartments

6594 S 35th StFranklin, WI 53132
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property at 6172 S 31st St

6172 S 31st St

GreenfieldWI53221
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6213 S 13th St
1 to 2 Bedroom Apartments

6213 S 13th St

6213 S 13th StMilwaukee, WI 53221
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9715 W Forest Home Ave
1 Bedroom Apartments

9715 W Forest Home Ave

9715 W Forest Home AveHales Corners, WI 53130
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Greenway Apartments
2 Bedroom Apartments

Greenway Apartments

6507 GreenwayGreendale, WI 53129
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The Edgerton
2 Bedroom Apartments

The Edgerton

4909 W Edgerton AveGreenfield, WI 53220
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6129 S. 13th
2 Bedroom Apartments

6129 S. 13th

6129 S 13th StMilwaukee, WI 53221

Franklin, WI Local Guide

Cheapest Available Franklin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Franklin, WI is a 1 Bed unit found at Pinehaven Apartments in the Far South Side neighborhood priced from $799. Lexington Village Senior Apartments in the Alcott Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pinehaven ApartmentsNC 1 Bedroom1BR,1BA$799
Lexington Village Senior Apartments1BD/1BA - Income Restricted1BR,1BA$950
Sunburst Apartments1 Bedroom/1 Bathroom1BR,1BA$1,095
Heritage Lake Senior Apartments 55+Two Bedroom Deluxe2BR,2BA$1,140
Tanglewood ApartmentsOne Bedroom Mulberry1BR,1BA$1,161
Village Park11BR,1BA$1,245
Forest Ridge Senior CommunityFounders - 2 Bed, 2 Bath2BR,2BA$1,245
Tuckaway Heights ApartmentsTwo Bedroom Deluxe2BR,1BA$1,320
Whitnall Park Apartments1OU-1 (WP1OU-1)1BR,1BA$1,350
Mission Hills2bx1.5b2BR,1BA$1,380

Best Value Apartments for Rent in Franklin, WI and Nearby

As of March 21, 2025 the best value apartment in the Franklin area is the $0.89 price per square foot 2 Bedroom, 2 Bathroom Loft Model at Greenfield Park Apartments in the in the Alcott Park neighborhood starting from $1,695. The second greatest value Franklin apartment is the 2 Bed, 2 Bath Corner Upper w/ Tandem 2 Car Garage Model at The Orchard Apartments starting at $1,954 with a $1.31 price per square foot in the Alcott Park 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.
Greenfield Park Apartments2 Bedroom, 2 Bathroom Loft2BR,2.5BA$0.89
The Orchard Apartments2 Bed, 2 Bath Corner Upper w/ Tandem 2 Car Garage2BR,2BA$1.31
Mission Hills2bx1.5b2BR,1.5BA$1.15
Brandywood Apartments8900 - # 209 MID APRIL 20253BR,1.5BA$1.26
Heritage Lake Senior Apartments 55+Two Bedroom Deluxe2BR,2BA$1.08
Lexington Village Senior Apartments2BD/1BA - Market Rate2BR,1BA$1.50
Franklin Park2BR/1.5BA2BR,1.5BA$1.47
Village Park11BR,1BA$1.31
Sunburst Apartments1 BR / 1BA Remodeled1BR,1BA$1.50
Pinehaven ApartmentsNC 1 Bedroom1BR,1BA$1.45

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Franklin, WI Rentals by Map

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Getting Around Franklin, WI

Walk Score®

27 / 100

Car-Dependent

Most errands require a car

Bike Score®

36 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

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 Seasons at Franklin listed at $1,435.

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

The lowest price for a Cheap One Bedroom Franklin Apartment is $799 at Pinehaven Apartments.

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 $1,060 at Lexington Village Senior Apartments.

What is the most affordable Franklin Three Bedroom Apartment?

The best deal on a cheap Franklin Three Bedroom Apartment rental is at Brandywood Apartments and starts from $1,495.

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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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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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.