Cheap Apartments for Rent in the Olde Franklin Town Neighborhood of Farmington, MI from $800 (26 Rentals)

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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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property at 30042 W 12 Mile Rd

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550
Total Monthly Price
$1,550

2 Bedroom, 2 Bath Condo for Rent

Available Now

30042 W 12 Mile Rd, Unit 56

30042 W 12 Mile Rd
Farmington HillsMI48334

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Imperial Apartments
Studio to 3 Bedroom Apartments

Imperial Apartments

27600 Franklin RdSouthfield, MI 48034
  • Utilities Included
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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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14 Mile Condo 80
1 Bedroom Apartments

14 Mile Condo 80

30475 W 14 MILEFarmington Hills, MI 48334

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Showing Results 1-26, 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 Studio unit found at Pine Aire priced from $915. Regal Towers has the second lowest priced unit, which is a 2 Beds apartment currently listed from $989. Here are the most affordable Olde Franklin Town apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Pine AireStudioStudio,1BA$915
Regal Towers2 Bedroom2BR,1BA$989
The FranklinStudio - AStudio,1BA$1,005
The PinesOne Bedroom1BR,1BA$1,055
ReNew Franklin Hills1BD x 1BA1BR,1BA$1,099
Kendallwood ApartmentsBirch1BR,1BA$1,155
Hunters RidgeArrowhead1BR,1BA$1,164
The Lakes1 BED 1 BATH STYLE B1BR,1BA$1,170
Pebble Creek2 Bed 2 Bath2BR,2BA$1,270
Cordoba ApartmentsMagnolia1BR,1BA$1,310

Best Value Apartments for Rent in Olde Franklin Town, MI

As of August 05, 2026 the best value apartment in the Olde Franklin Town area is the $1.19 price per square foot The Andover Model at Edge At Farmington Hills - Farmington Hills, MI in the in the Woodcreek neighborhood starting from $1,999. The second greatest value Olde Franklin Town apartment is the 3 Bed 2 Bath Model at Pebble Creek starting at $1,463 with a $1.23 price per square foot in the Southfield 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 Andover2BR,2BA$1.19
Pebble Creek3 Bed 2 Bath3BR,2BA$1.23
Regal Towers3 Bedroom3BR,2BA$1.26
Hunters RidgeMeadowsweet2BR,1.5BA$1.45
Carnegie Park ApartmentsA2 Renovated1BR,1BA$1.52
Retreat at FarmingtonTidewater1BR,1BA$1.63
The PinesOne Bedroom1BR,1BA$1.26
The Lakes1 BED 1 BATH STYLE A1BR,1BA$1.59
Kendallwood ApartmentsBirch1BR,1BA$1.54
The FranklinStudio - AStudio ,1BA$1.60

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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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 #17

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

Pet Friendliness Lifestyle Score

3.5
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

What is the Cheapest Studio apartment in Olde Franklin Town?

Currently the most affordable Cheap Studio Apartment in Olde Franklin Town is at Pine Aire listed at $915.

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 $1,010 at Pine Aire.

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 $1,105 at Pine Aire.

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 $1,449.

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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