7326 Ashton Ave
DetroitMI48228
Cheap Homes for Rent in Franklin Park Neighborhood of Detroit, MI from $600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Franklin Park area of Detroit.
6849 Country Ln
Dearborn HeightsMI48127
8426 Asbury Park
DetroitMI48228
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
9345 Rutherford St
DetroitMI48228
9597 Memorial St
DetroitMI48227
9597 Memorial St
DetroitMI48227
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
20619 W Chicago
DetroitMI48228
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Franklin Park, Detroit, MI Local Guide
How much does it cost to rent a home in Franklin Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Park 2 Bedroom Homes for Rent | $1,064 | $900 | $1,275 |
| Franklin Park 3 Bedroom Homes for Rent | $1,362 | $1,120 | $2,000 |
| Franklin Park 4 Bedroom Homes for Rent | $1,550 | $1,400 | $1,850 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 Studio unit found at Top of the Drive Apartments priced from $625. Franklin Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $676. Here are the most affordable Franklin Park apartments for rent in Detroit, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Top of the Drive Apartments | Studio | Studio,1BA | $625 |
| Franklin Village Apartments | 1 Bed 1 Bath | 1BR,1BA | $676 |
| Dorchester Arms | one bedroom | 1BR,1BA | $700 |
Best Value Apartments for Rent in Franklin Park, MI
As of May 31, 2025 the best value apartment in the Franklin Park area is the $1.22 price per square foot newly renovated two bedroom Model at Dorchester Arms in the in the North Rosedale Park neighborhood starting from $1,100. 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. |
|---|---|---|---|
| Dorchester Arms | newly renovated two bedroom | 2BR,1BA | $1.22 |
| Western Heights Apartments | Two Bedroom | 2BR,1BA | $1.04 |
| River Oaks | ROB | 2BR,1BA | $1.34 |
| Franklin Village Apartments | 2 Bed 1 Bath Townhome | 2BR,1BA | $1.74 |
| Ramblewood Apartments | 1BR/ 1BA | 1BR,1BA | $1.42 |
| Stanley Manor Apartments | 1 - bedroom | 1BR,1BA | $1.14 |
| Plymouth Square Village | Income-Based 2 Bedroom Townhome A1 | 2BR,1BA | $1.91 |
| Greenview Apartments | 1-Bedroom | 1BR,1BA | $1.31 |
| Fairlane Meadow Apartments and Townhomes | Jasmine | 1BR,1BA | $1.85 |
| Top of the Drive Apartments | Studio | Studio ,1BA | $1.25 |
Frequently Asked Questions about Franklin Park
What type of rentals are currently available in Franklin Park?
There are currently 81 Apartments for Rent in Franklin Park, MI with pricing that ranges from $625 to $2,790. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin Park ranging from $680 to $2,000.
What is the current price range for Rental Homes in Franklin Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Franklin Park ranges from $680 to $2,000 with an average monthly rent of $1,220.
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.
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 Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.