Cheap Apartments for Rent in the Franklin Park Neighborhood of Detroit, MI from $500 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Franklin Park area of Detroit.

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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Gardenview Estates
1 to 3 Bedroom Apartments

Gardenview Estates

16910 Gardenview CirDetroit, MI 48228
Senior Living
  • Utilities Included

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When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Louis Apartments
1 Bedroom Apartments

Louis Apartments

20520 Plymouth RdDetroit, MI 48228
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Dolphin Gardens
1 to 2 Bedroom Apartments

Dolphin Gardens

12850 Dolphin StDetroit, MI 48223
  • Utilities Included
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Regency Apartments
Studio to 2 Bedroom Apartments

Regency Apartments

9601 Greenfield RdDetroit, MI 48227
  • Utilities Included
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Blackstone Apartments
1 Bedroom Apartments

Blackstone Apartments

21124 SchoolcraftDetroit, MI 48223
Corporate Housing
  • Utilities Included

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Moving to Detroit? Get the local breakdown on affordable rental options, easy commutes, and how to navigate the People Mover and Q-Line downtown.

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14027 Montrose St
1 Bedroom Apartments

14027 Montrose St

14027 Montrose StDetroit, MI 48227
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Cheapest Available Franklin Park Apartments for Rent

 

The cheapest available apartment rental in the Franklin Park area of Detroit, MI is a 1 Bed unit found at Stanley Manor Apartments priced from $700. Western Heights Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here are the most affordable Franklin Park apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Stanley Manor Apartments1 - bedroom1BR,1BA$700
Western Heights ApartmentsOne Bedroom1BR,1BA$745
Dorchester Arms1 Bedroom1BR,1BA$750
Dolson Arms Apartments1 BR, 1 BA1BR,1BA$825
Chicago TownhomesChicago Townhomes - 094062BR,1BA$850

Best Value Apartments for Rent in Franklin Park, MI

As of February 16, 2026 the best value apartment in the Franklin Park area is the $0.95 price per square foot Chicago Townhomes - 20921 Model at Chicago Townhomes in the in the Warrendale neighborhood starting from $950. The second greatest value Franklin Park apartment is the Two Bedroom Model at Western Heights Apartments starting at $895 with a $1.04 price per square foot in the South Redford neighborhood. Here is today’s list of the best values for Franklin Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Chicago TownhomesChicago Townhomes - 209212BR,1BA$0.95
Western Heights ApartmentsTwo Bedroom2BR,1BA$1.04
Dolson Arms Apartments2 BR, 1 BA2BR,1BA$1.29
Dorchester ArmsRenovated - 1 Bedroom1BR,1BA$1.20
7464 Southfield Fwy, Unit 74607464 Southfield Fwy2BR,1BA$1.19
Ramblewood Apartments1BR/ 1BA1BR,1BA$1.42
Redford Square Apartments1BR/1.0BA1BR,1BA$1.50
Stanley Manor Apartments1 - bedroom1BR,1BA$1.14

Frequently Asked Questions about Cheap Franklin Park Apartments

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

The lowest price for a Cheap One Bedroom Franklin Park Apartment is $700 at Stanley Manor Apartments.

What is the lowest price for a Cheap Two Bedroom Franklin Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Franklin Park is starting from $850 at Chicago Townhomes.

Expert Rental Resources

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.

Helpful Local Expert Guides

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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.

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The Best Detroit Area Neighborhoods for Off-Campus Housing Renters

Written by: Tim Brown

Detroit is an exciting and vibrant city with many educational and employment opportunities, and many neighborhoods to choose from while attending school.

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The Detroit Insiders Renting Guide: A Locals Look Under the Hood of Motown

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 and have witnessed the city and its surrounding metro area undergo a renaissance.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.