
Cheap Homes for Rent in Franklin Park Neighborhood of Detroit, MI from $900 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the Franklin Park area of Detroit.


15601 Schoolcraft Rd

15601 Schoolcraft Rd

15601 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.

18711 Schoolcraft Rd

18401 Joy Rd

19044 Schoolcraft

8426 Asbury Park

9345 Rutherford St

9358 Rutherford St

9384 Rutherford St
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.

9120 Winthrop St

23700 W Warren Ave

$1050 Charming 2 Bed Home

7842 Artesian St

11400 Abington Ave

12257 Vaughan St
9010 Rutherford St
Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers
Explore the best residential neighborhoods and apartment options near major employers like GM, Ford, Stellantis, Rocket Companies, and Corewell Health. Find your perfect Motor City home.
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 | $1,150 | $900 | $1,350 |
| Franklin Park 3 Bedroom Homes for Rent | $1,375 | $1,100 | $2,200 |
| Franklin Park 4 Bedroom Homes for Rent | $1,400 | $1,400 | $1,400 |
| Franklin Park 5 Bedroom Homes for Rent | $1,550 | $1,300 | $1,800 |
Browse Homes for Rent in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Franklin Park Neighborhood of Detroit, MI.
Explore Detroit
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 Franklin Village Apartments priced from $646. Stanley Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Franklin Park apartments for rent in Detroit, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Franklin Village Apartments | 1 Bed 1 Bath | 1BR,1BA | $646 |
| Stanley Manor Apartments | 1 - bedroom | 1BR,1BA | $700 |
| Western Heights Apartments | One Bedroom | 1BR,1BA | $745 |
| Chicago Townhomes | Chicago Townhomes - 09406 | 2BR,1BA | $850 |
| Redford Square Apartments | 1BR/1.0BA | 1BR,1BA | $975 |
Best Value Apartments for Rent in Franklin Park, MI
As of March 12, 2026 the best value apartment in the Franklin Park area is the $0.63 price per square foot 6829 Abington Ave Model at 6829 Abington Ave, Unit 1 in the in the Warrendale neighborhood starting from $1,200. 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. |
|---|---|---|---|
| 6829 Abington Ave, Unit 1 | 6829 Abington Ave | 3BR,1BA | $0.63 |
| Chicago Townhomes | Chicago Townhomes - 20921 | 2BR,1BA | $0.95 |
| Western Heights Apartments | Two Bedroom | 2BR,1BA | $1.04 |
| Franklin Village Apartments | 2 Bed 1 Bath Townhome | 2BR,1BA | $1.22 |
| 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 Franklin Park
What type of rentals are currently available in Franklin Park?
There are currently 82 Apartments for Rent in Franklin Park, MI with pricing that ranges from $655 to $1,300. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin Park ranging from $900 to $2,200.
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 $900 to $2,200 with an average monthly rent of $1,245.
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.

Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers
Written by: Tim Brown
The auto industry remains the largest employment sector in the Motor City and surrounding communities, though the metro area has a significant presence in other sectors, including medical and financial services.
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.