Cheap Homes for Rent in Franklin, WI from $700 (11 Rentals)

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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
Forest Ridge Senior CommunityFounders - 2 Bed, 2 Bath2BR,2BA$1,245

Best Value Apartments for Rent in Franklin, WI and Nearby

As of March 23, 2025 the best value apartment in the Franklin area is the $1.18 price per square foot 3 Bed, 2 Bath + Den w/ 2 Car Garage- Lower Exte... Model at The Orchard Apartments in the in the Alcott Park neighborhood starting from $2,559. The second greatest value Franklin apartment is the 2 Bedroom, 2 Bathroom Loft Model at Greenfield Park Apartments starting at $1,695 with a $0.89 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.
The Orchard Apartments3 Bed, 2 Bath + Den w/ 2 Car Garage- Lower Exte...3BR,2BA$1.18
Greenfield Park Apartments2 Bedroom, 2 Bathroom Loft2BR,2.5BA$0.89
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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Frequently Asked Questions about Franklin

What type of rentals are currently available in Franklin?

There are currently 157 Apartments for Rent in Franklin, WI with pricing that ranges from $799 to $9,169. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $787 to $9,800.

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 $787 to $9,800 with an average monthly rent of $3,047.

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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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.