7326 Ashton Ave
DetroitMI48228
Cheap Homes for Rent in Franklin Park Neighborhood of Detroit, MI from $600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Franklin Park area of Detroit.
7629 Dolphin
DetroitMI48239
8426 Asbury Park
DetroitMI48228
9371 Rutherford St
DetroitMI48228
9345 Rutherford St
DetroitMI48228
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.
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8435 Braile St
DetroitMI48228
8203 Brace St
DetroitMI48228
19202 W Chicago
DetroitMI48228
18630 W Chicago
DetroitMI48228
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.
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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 | $1,114 | $900 | $1,300 |
| Franklin Park 3 Bedroom Homes for Rent | $1,374 | $1,100 | $1,950 |
| Franklin Park 4 Bedroom Homes for Rent | $1,500 | $1,400 | $1,600 |
| Franklin Park 5 Bedroom Homes for Rent | $1,850 | $1,850 | $1,850 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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 $646. 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 | $646 |
| Stanley Manor Apartments | 1 - bedroom | 1BR,1BA | $700 |
Best Value Apartments for Rent in Franklin Park, MI
As of November 11, 2025 the best value apartment in the Franklin Park area is the $0.80 price per square foot 20221 Tireman St Model at 20221 Tireman St, Unit 20225 Tireman Ave in the in the Warrendale neighborhood starting from $1,150. The second greatest value Franklin Park apartment is the Chicago Townhomes - 20921 Model at Chicago Townhomes starting at $950 with a $0.95 price per square foot in the Warrendale 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. |
|---|---|---|---|
| 20221 Tireman St, Unit 20225 Tireman Ave | 20221 Tireman St | 2BR,1BA | $0.80 |
| Chicago Townhomes | Chicago Townhomes - 20921 | 2BR,1BA | $0.95 |
| Redford Square Apartments | 1BR/1.0BA | 1BR,1BA | $1.03 |
| Western Heights Apartments | Two Bedroom | 2BR,1BA | $1.04 |
| 14027 Montrose St | Upper | 1BR,1BA | $1.00 |
| Franklin Village Apartments | 2 Bed 1 Bath Townhome | 2BR,1BA | $1.26 |
| Dorchester Arms | Renovated - 1 Bedroom | 1BR,1BA | $1.20 |
| Romarta Apartments | 1-Bedroom | 1BR,1BA | $1.34 |
| Stanley Manor Apartments | 1 - bedroom | 1BR,1BA | $1.14 |
| 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 80 Apartments for Rent in Franklin Park, MI with pricing that ranges from $625 to $1,300. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin Park ranging from $680 to $1,950.
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 $1,950 with an average monthly rent of $1,310.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.