Cheap Apartments for Rent in the Olde Franklin Town Neighborhood of Farmington, MI from $700 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Olde Franklin Town area of Farmington.

Regal Towers

12 North

Pine Aire

Imperial Apartments

Park at Franklin Senior Living

Maple Place Apartments
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.

The Franklin

Lakeview Apartments

Woodhues Apartments

The Lakes

Kendallwood Apartments

Cordoba Apartments
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.

31993 W 12 Mile Rd, Unit 101

Carnegie Park Apartments

Hunters Ridge

Claymoor Luxury Apartments

Retreat at Farmington

27598 Echo Valley W

27598 Echo Valley E

55+ Senior Housing -Pendleton Club Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

27689 Echo Valley E
Olde Franklin Town, Farmington, MI Local Guide

How much does it cost to rent an apartment in Olde Franklin Town?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Olde Franklin Town Studio Apartments | $1,050 | $825 | $1,450 |
Olde Franklin Town 1 Bedroom Apartments | $1,441 | $844 | $2,610 |
Olde Franklin Town 2 Bedroom Apartments | $2,127 | $1,014 | $4,425 |
Olde Franklin Town 3 Bedroom Apartments | $2,248 | $1,429 | $3,200 |
Olde Franklin Town 4 Bedroom Apartments | $3,500 | $3,500 | $3,500 |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the Olde Franklin Town Neighborhood of Farmington, MI.
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Olde Franklin Town, Farmington, MI Local Guide
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Cheapest Available Olde Franklin Town Apartments for Rent
 The cheapest available apartment rental in the Olde Franklin Town area of Detroit, MI is a 1 Bed unit found at Regal Towers priced from $779. Parc on 12 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $920. Here are the most affordable Olde Franklin Town apartments for rent in Detroit, MI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Regal Towers | 1 Bedroom | 1BR,1BA | $779 |
Parc on 12 | Nelson - Edward | 1BR,1BA | $920 |
Park at Franklin Senior Living | Robin | 1BR,1BA | $949 |
The Franklin | Studio - A | Studio,1BA | $1,005 |
Pine Aire | 1 Bedroom / 1 Bath | 1BR,1BA | $1,010 |
Lakeview Apartments | Heritage | 1BR,1BA | $1,045 |
Woodhues Apartments | A1 | 1BR,1BA | $1,050 |
The Pines | One Bedroom | 1BR,1BA | $1,055 |
Pebble Creek | 1 Bed 1 Bath | 1BR,1BA | $1,065 |
The Lakes | 2 Bed 1 Bath | 2BR,1BA | $1,120 |
Best Value Apartments for Rent in Olde Franklin Town, MI
As of June 02, 2025 the best value apartment in the Olde Franklin Town area is the $1.47 price per square foot C4 Renovated Model at Carnegie Park Apartments in the in the Woodcreek neighborhood starting from $2,200. The second greatest value Olde Franklin Town apartment is the 3 Bedroom 1.5 Bath Townhome Model at Uptown 11 Townhouses starting at $1,795 with a $1.46 price per square foot in the Woodcreek neighborhood. Here is today’s list of the best values for Olde Franklin Town apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Carnegie Park Apartments | C4 Renovated | 2BR,2BA | $1.47 |
Uptown 11 Townhouses | 3 Bedroom 1.5 Bath Townhome | 3BR,1.5BA | $1.46 |
The Lakes | 2 BED 2 BATH CLUBHSE | 2BR,2BA | $1.51 |
Imperial Apartments | 3 Bedroom | 3BR,2BA | $1.39 |
Woodhues Apartments | A1 | 1BR,1BA | $1.25 |
Pine Aire | 1 Bedroom / 1 Bath | 1BR,1BA | $1.20 |
The Pines | One Bedroom | 1BR,1BA | $1.26 |
Pebble Creek | 1 Bed 1 Bath | 1BR,1BA | $1.31 |
Regal Towers | 1 Bedroom | 1BR,1BA | $1.18 |
Parc on 12 | Nelson - Edward | 1BR,1BA | $1.42 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleOlde Franklin Town, Farmington, MI
Ranked #12
Among neighborhoods in Farmington, MI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Olde Franklin Town, Farmington, MI
Wood Creek Elementary School
School data provided by Great Schools
Lifestyle Ratings
This website is happy to bring you comprehensive Lifestyle Ratings of rentals in areas across the United States including Olde Franklin Town, Farmington, and the greater Detroit area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Olde Franklin Town Apartments
How much is rent for a Cheap One Bedroom Olde Franklin Town Apartment?
The lowest price for a Cheap One Bedroom Olde Franklin Town Apartment is $779 at Regal Towers.
What is the lowest price for a Cheap Two Bedroom Olde Franklin Town Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Olde Franklin Town is starting from $929 at Regal Towers.
What is the most affordable Olde Franklin Town Three Bedroom Apartment?
The best deal on a cheap Olde Franklin Town Three Bedroom Apartment rental is at Pebble Creek and starts from $1,389.
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.