
Cheap Apartments for Rent in the Franklin Neighborhood of Farmington, MI from $900 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Franklin area of Farmington.


Philamer

Parkview Apartments

The Lakes

The Pines

Total Monthly Price
4304 13 Mile Rd, Unit 7
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Huntley Square

Altitude West (Altitude RPB, LLC)

Camelot Apartments

355 E 14 Mile Rd

Kensington At Beverly Hills

Corner Place Apartments
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Lancaster Hills

Cranbrook Centre - Southfield, MI

Claymoor Luxury Apartments

Glens of Bloomfield

16084 W Eleven Mile Rd

42 West Apartments
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Canterbury Apartments

Royal Oak Crossings at 13 Mile

Parc on 12

30204 Southfield Rd

Wakefield Apartments

30276 Southfield Rd
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Colony Park Apartments

30256 Southfield Rd

3324 Greenfield Rd
Franklin, Farmington, MI Local Guide

How much does it cost to rent an apartment in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Studio Apartments | $1,233 | $915 | $1,850 |
| Franklin 1 Bedroom Apartments | $1,340 | $1,000 | $2,000 |
| Franklin 2 Bedroom Apartments | $1,774 | $1,055 | $3,300 |
| Franklin 3 Bedroom Apartments | $2,424 | $1,450 | $3,600 |
| Franklin 4 Bedroom Apartments | $3,092 | $2,435 | $3,900 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 3 mile radius of the Franklin Neighborhood of Farmington, MI.
See all Apartments in FarmingtonExplore Farmington
Franklin, Farmington, MI Local Guide
- Nearby Farmington neighborhoods
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Cheapest Available Franklin Apartments for Rent
 The cheapest available apartment rental in the Franklin area of Detroit, MI is a Studio unit found at Pine Aire priced from $915. Philamer has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable Franklin apartments for rent in Detroit, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pine Aire | Studio | Studio,1BA | $915 |
| Philamer | One Bed | 1BR,1BA | $1,000 |
| Parkview Apartments | One Bedroom | 1BR,1BA | $1,050 |
| The Pines | One Bedroom | 1BR,1BA | $1,055 |
| Altitude West (Altitude RPB, LLC) | One Bedroom | One Bath | Sublease - 10 Month Le... | 1BR,1BA | $1,125 |
| The Lakes | 1 BED 1 BATH STYLE B | 1BR,1BA | $1,225 |
| Kensington At Beverly Hills | Doheny | 1BR,1BA | $1,381 |
| Lancaster Hills | Bolingbroke | 2BR,2BA | $1,460 |
| Colony Park Apartments | The Addington (1BR / 1BA with Den) | 1BR,1BA | $1,494 |
Best Value Apartments for Rent in Franklin, MI
As of July 09, 2026 the best value apartment in the Franklin area is the $1.16 price per square foot Woodville Model at Lancaster Hills in the in the Southfield neighborhood starting from $1,620. The second greatest value Franklin apartment is the 2 Bed 2 Bath - 1400 sf Model at Glens of Bloomfield starting at $2,165 with a $1.55 price per square foot in the Bloomfield Hills neighborhood. Here is today’s list of the best values for Franklin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lancaster Hills | Woodville | 2BR,2BA | $1.16 |
| Glens of Bloomfield | 2 Bed 2 Bath - 1400 sf | 2BR,2BA | $1.55 |
| Cranbrook Centre - Southfield, MI | 2 Bedroom | 2BR,2BA | $1.40 |
| Camelot Apartments | Two Bedroom Two Bathroom | 2BR,2BA | $1.45 |
| Colony Park Apartments | The Addington (1BR / 1BA with Den) | 1BR,1BA | $1.49 |
| Parkview Apartments | One Bedroom | 1BR,1BA | $1.17 |
| The Pines | One Bedroom | 1BR,1BA | $1.26 |
| Altitude West (Altitude RPB, LLC) | One Bedroom | One Bath | Sublease - 10 Month Le... | 1BR,1BA | $1.41 |
| The Lakes | 1 BED 1 BATH STYLE C | 1BR,1BA | $1.59 |
| Philamer | One Bed | 1BR,1BA | $1.35 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Franklin, Farmington, MI
Bingham Farms Elementary School
School data provided by Great Schools
Frequently Asked Questions about Cheap Franklin Apartments
How much is rent for a Cheap One Bedroom Franklin Apartment?
The lowest price for a Cheap One Bedroom Franklin Apartment is $1,000 at Philamer.
What is the lowest price for a Cheap Two Bedroom Franklin Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Franklin is starting from $1,105 at Pine Aire.
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.
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