
Cheap Apartments for Rent in the Olde Franklin Town Neighborhood of Farmington, MI from $800 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Olde Franklin Town area of Farmington.


The Pines

12 North

Pine Aire

Park at Franklin Senior Living

The Franklin

Total Monthly Price
The Lakes
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Retreat at Farmington

Total Monthly Price
Woodhues Apartments

Kendallwood Apartments

Cordoba Apartments

30052 W 12 Mile Rd, Unit 65

Village Club on Franklin

ReNew Franklin Hills
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Hunters Ridge

Total Monthly Price
Carnegie Park Apartments

Imperial Apartments

Pebble Creek

Wakefield Apartments

30445 W 14 Mile Rd

55+ Senior Housing -Pendleton Club Apartments
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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 | $1,141 | $825 | $1,850 |
| Olde Franklin Town 1 Bedroom Apartments | $1,289 | $819 | $2,000 |
| Olde Franklin Town 2 Bedroom Apartments | $1,721 | $999 | $4,079 |
| Olde Franklin Town 3 Bedroom Apartments | $2,246 | $1,299 | $3,729 |
| Olde Franklin Town 4 Bedroom Apartments | $3,750 | $3,600 | $3,900 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Olde Franklin Town Neighborhood of Farmington, MI.
See all Apartments in FarmingtonExplore Farmington
Olde Franklin Town, Farmington, MI Local Guide
- Nearby Farmington neighborhoods
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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 $819. The Pines has the second lowest priced unit, which is a Studio apartment currently listed from $825. 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 | $819 |
| The Pines | Studio | Studio,1BA | $825 |
| Pine Aire | Studio | Studio,1BA | $915 |
| The Franklin | Studio - A | Studio,1BA | $1,005 |
| The Lakes | 2 Bed 1 Bath | 2BR,1BA | $1,010 |
Best Value Apartments for Rent in Olde Franklin Town, MI
As of March 22, 2026 the best value apartment in the Olde Franklin Town area is the $1.61 price per square foot 3 Bedroom 2.5 Bath Model at Covington Club Luxury Homes in the in the Woodcreek neighborhood starting from $3,105. The second greatest value Olde Franklin Town apartment is the The Charleston Model at Edge At Farmington Hills - Farmington Hills, MI starting at $2,500 with a $1.37 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. |
|---|---|---|---|
| Covington Club Luxury Homes | 3 Bedroom 2.5 Bath | 3BR,2.5BA | $1.61 |
| Edge At Farmington Hills - Farmington Hills, MI | The Charleston | 2BR,2BA | $1.37 |
| Carnegie Park Apartments | C3 Renovated | 2BR,2BA | $1.37 |
| Regal Towers | 3 Bedroom | 3BR,2BA | $1.13 |
| Hunters Ridge | Meadowsweet | 2BR,1.5BA | $1.48 |
| Pebble Creek | 2 Bed 2 Bath | 2BR,2BA | $1.21 |
| Retreat at Farmington | Watercrest | 2BR,1BA | $1.33 |
| ReNew Franklin Hills | 1BD x 1BA Upgraded | 1BR,1BA | $1.62 |
| The Lakes | 1 BED 1 BATH STYLE C | 1BR,1BA | $1.51 |
| The Franklin | Studio - A | Studio ,1BA | $1.60 |
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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.
Pet Friendly LifestyleOlde Franklin Town, Farmington, MI
Ranked #21
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet 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
What is the Cheapest Studio apartment in Olde Franklin Town?
Currently the most affordable Cheap Studio Apartment in Olde Franklin Town is at The Pines listed at $825.
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 $1,299.
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

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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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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Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
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Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.