Cheap Apartments for Rent in the Franklin Neighborhood of Farmington, MI from $900 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Franklin area of Farmington.

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Parc on 12
1 to 2 Bedroom Apartments

Parc on 12

24710 W 12 Mile RdSouthfield, MI 48034
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Wakefield Apartments
2 to 3 Bedroom Apartments

Wakefield Apartments

29090 Tiffany Dr ESouthfield, MI 48034
  • Utilities Included

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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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Colony Park Apartments
1 to 2 Bedroom Apartments

Colony Park Apartments

21890 Colony Park CirSouthfield, MI 48076
Senior Living

Franklin, Farmington, MI Local Guide

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 ListingModel NameBed/BathPriced From
Pine AireStudioStudio,1BA$915
PhilamerOne Bed1BR,1BA$1,000
Parkview ApartmentsOne Bedroom1BR,1BA$1,050
The PinesOne Bedroom1BR,1BA$1,055
Altitude West (Altitude RPB, LLC)One Bedroom | One Bath | Sublease - 10 Month Le...1BR,1BA$1,125
The Lakes1 BED 1 BATH STYLE B1BR,1BA$1,225
Kensington At Beverly HillsDoheny1BR,1BA$1,381
Lancaster HillsBolingbroke2BR,2BA$1,460
Colony Park ApartmentsThe 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Lancaster HillsWoodville2BR,2BA$1.16
Glens of Bloomfield2 Bed 2 Bath - 1400 sf2BR,2BA$1.55
Cranbrook Centre - Southfield, MI2 Bedroom2BR,2BA$1.40
Camelot ApartmentsTwo Bedroom Two Bathroom2BR,2BA$1.45
Colony Park ApartmentsThe Addington (1BR / 1BA with Den)1BR,1BA$1.49
Parkview ApartmentsOne Bedroom1BR,1BA$1.17
The PinesOne Bedroom1BR,1BA$1.26
Altitude West (Altitude RPB, LLC)One Bedroom | One Bath | Sublease - 10 Month Le...1BR,1BA$1.41
The Lakes1 BED 1 BATH STYLE C1BR,1BA$1.59
PhilamerOne Bed1BR,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.

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Real 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.

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Quick Rent Budget Calculator

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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.

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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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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.