
Cheap Apartments for Rent in the Franklin Park Neighborhood of Detroit, MI from $500 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Franklin Park area of Detroit.


Top of the Drive Apartments

18711 Schoolcraft Rd

15601 Schoolcraft Rd

15601 Schoolcraft Rd

15601 Schoolcraft Rd
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.

Stanley Manor Apartments

Western Heights Apartments

Dorchester Arms

6885 Mettetal St

Gardenview Estates

Plymouth Green Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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.

Louis Apartments

Dolphin Gardens

7326 Ashton Ave

Regency Apartments

Blackstone Apartments

West Park Manor Apartments
The Detroit Insiders Renting Guide: A Local's Look Under the Hood
Moving to Detroit? Get the local breakdown on affordable rental options, easy commutes, and how to navigate the People Mover and Q-Line downtown.

14027 Montrose St
Franklin Park, Detroit, MI Local Guide

How much does it cost to rent an apartment in Franklin Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Park Studio Apartments | $655 | $655 | $655 |
| Franklin Park 1 Bedroom Apartments | $772 | $666 | $995 |
| Franklin Park 2 Bedroom Apartments | $924 | $743 | $1,300 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Franklin Park Neighborhood of Detroit, MI.
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stanley Manor Apartments | 1 - bedroom | 1BR,1BA | $700 |
| Western Heights Apartments | One Bedroom | 1BR,1BA | $745 |
| Dorchester Arms | 1 Bedroom | 1BR,1BA | $750 |
| Dolson Arms Apartments | 1 BR, 1 BA | 1BR,1BA | $825 |
| Chicago Townhomes | Chicago Townhomes - 09406 | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Chicago Townhomes | Chicago Townhomes - 20921 | 2BR,1BA | $0.95 |
| Western Heights Apartments | Two Bedroom | 2BR,1BA | $1.04 |
| Dolson Arms Apartments | 2 BR, 1 BA | 2BR,1BA | $1.29 |
| Dorchester Arms | Renovated - 1 Bedroom | 1BR,1BA | $1.20 |
| 7464 Southfield Fwy, Unit 7460 | 7464 Southfield Fwy | 2BR,1BA | $1.19 |
| Ramblewood Apartments | 1BR/ 1BA | 1BR,1BA | $1.42 |
| Redford Square Apartments | 1BR/1.0BA | 1BR,1BA | $1.50 |
| Stanley Manor Apartments | 1 - bedroom | 1BR,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

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.

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.

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

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.

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.

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.

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.