Cheap Apartments for Rent in the Olde Franklin Town Neighborhood of Farmington, MI from $800 (24 Rentals)

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

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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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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Imperial Apartments
Studio to 3 Bedroom Apartments

Imperial Apartments

27600 Franklin RdSouthfield, MI 48034
  • Utilities Included
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Pebble Creek
1 to 3 Bedroom Apartments

Pebble Creek

28600 Pebblecreek PkySouthfield, MI 48034
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Wakefield Apartments
2 to 3 Bedroom Apartments

Wakefield Apartments

29090 Tiffany Dr ESouthfield, MI 48034
  • Utilities Included

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.

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Showing Results 1-24, Page 1 of 1

Olde Franklin Town, Farmington, MI Local Guide

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 $819. The Lakes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $970. Here are the most affordable Olde Franklin Town apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Regal Towers1 Bedroom1BR,1BA$819
The Lakes2 Bed 1 Bath2BR,1BA$970
The FranklinStudio - AStudio,1BA$1,005
ReNew Franklin Hills1x11BR,1BA$1,109
WOODHUES APARTMENTS - Ideal Farmington Hills Location!A11BR,1BA$1,120

Best Value Apartments for Rent in Olde Franklin Town, MI

As of January 28, 2026 the best value apartment in the Olde Franklin Town area is the $1.16 price per square foot The Charleston Model at Edge At Farmington Hills - Farmington Hills, MI in the in the Woodcreek neighborhood starting from $2,125. The second greatest value Olde Franklin Town apartment is the 3 Bed 2 Bath Model at Pebble Creek starting at $1,470 with a $1.24 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Edge At Farmington Hills - Farmington Hills, MIThe Charleston2BR,2BA$1.16
Pebble Creek3 Bed 2 Bath3BR,2BA$1.24
Regal Towers3 Bedroom3BR,2BA$1.18
Hunters RidgeMeadowsweet2BR,1.5BA$1.48
Carnegie Park ApartmentsC1 Renovated2BR,2BA$1.53
Retreat at FarmingtonWatercrest2BR,1BA$1.33
WOODHUES APARTMENTS - Ideal Farmington Hills Location!A1PR1BR,1BA$1.39
ReNew Franklin Hills1x1 Upgraded1BR,1BA$1.44
The Lakes1 BED 1 BATH STYLE B1BR,1BA$1.51
Kendallwood ApartmentsBirch1BR,1BA$1.54

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Pet Friendly Lifestyle
Olde Franklin Town, Farmington, MI

Ranked #19

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Olde Franklin Town, Farmington, MI

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 $819 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 $959 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 Regal Towers and starts from $1,354.

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

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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.

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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.

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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.

Articles, How-To's, and Tips

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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.

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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.

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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.

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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.