Cheap Apartments for Rent in the Olde Franklin Town Neighborhood of Farmington, MI from $700 (26 Rentals)

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

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.

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.

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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 Unit 80
1 Bedroom Apartments

14 Mile Condo Unit 80

30475 W 14 MILEFarmington Hills, MI 48334
  • Utilities Included

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.

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Pebble Creek
1 to 3 Bedroom Apartments

Pebble Creek

28600 Pebblecreek PkySouthfield, MI 48034
  • Utilities Included

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 $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 ListingModel NameBed/BathPriced From
Regal Towers1 Bedroom1BR,1BA$779
Parc on 12Nelson - Edward1BR,1BA$920
Park at Franklin Senior LivingRobin1BR,1BA$949
The FranklinStudio - AStudio,1BA$1,005
Pine Aire1 Bedroom / 1 Bath1BR,1BA$1,010
Lakeview ApartmentsHeritage1BR,1BA$1,045
Woodhues ApartmentsA11BR,1BA$1,050
The PinesOne Bedroom1BR,1BA$1,055
Pebble Creek1 Bed 1 Bath1BR,1BA$1,065
The Lakes2 Bed 1 Bath2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Carnegie Park ApartmentsC4 Renovated2BR,2BA$1.47
Uptown 11 Townhouses3 Bedroom 1.5 Bath Townhome3BR,1.5BA$1.46
The Lakes2 BED 2 BATH CLUBHSE2BR,2BA$1.51
Imperial Apartments3 Bedroom3BR,2BA$1.39
Woodhues ApartmentsA11BR,1BA$1.25
Pine Aire1 Bedroom / 1 Bath1BR,1BA$1.20
The PinesOne Bedroom1BR,1BA$1.26
Pebble Creek1 Bed 1 Bath1BR,1BA$1.31
Regal Towers1 Bedroom1BR,1BA$1.18
Parc on 12Nelson - Edward1BR,1BA$1.42

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Pet Friendly Lifestyle
Olde Franklin Town, Farmington, MI

Ranked #12

Among neighborhoods in Farmington, MI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

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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 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.

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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.

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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.