Cheap Apartments for Rent in the Olde Franklin Town Neighborhood of Farmington, MI from $800 (29 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
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

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.

Read Article
close
View Me
Imperial Apartments
Studio to 3 Bedroom Apartments

Imperial Apartments

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

Pebble Creek

28600 Pebblecreek PkySouthfield, MI 48034
  • Utilities Included
close
View Me
Wakefield Apartments
2 to 3 Bedroom Apartments

Wakefield Apartments

29090 Tiffany Dr ESouthfield, MI 48034
  • Utilities Included
close
View Me
14 Mile Condo 80
1 Bedroom Apartments

14 Mile Condo 80

30475 W 14 MILEFarmington Hills, MI 48334

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.

Read Article
close
View Me
Uptown 11 Townhouses
2 to 3 Bedroom Apartments

Uptown 11 Townhouses

26666 Stanford Dr WSouthfield, MI 48033
  • Utilities Included
Showing Results 1-29, 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 $849. Pine Aire has the second lowest priced unit, which is a Studio apartment currently listed from $915. Here are the most affordable Olde Franklin Town apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Regal Towers1 Bedroom1BR,1BA$849
Pine AireStudioStudio,1BA$915
The FranklinStudio - AStudio,1BA$1,005
The PinesOne Bedroom1BR,1BA$1,055
Kendallwood ApartmentsBirch1BR,1BA$1,155
ReNew Franklin Hills1BD x 1BA Premier1BR,1BA$1,229
The Lakes1 BED 1 BATH STYLE B1BR,1BA$1,230
Cordoba ApartmentsMagnolia1BR,1BA$1,338
Retreat at FarmingtonTidewater1BR,1BA$1,409
Hunters RidgeBergamot2BR,2BA$1,440

Best Value Apartments for Rent in Olde Franklin Town, MI

As of June 21, 2026 the best value apartment in the Olde Franklin Town area is the $0.83 price per square foot Bergamot Model at Hunters Ridge in the in the Woodcreek neighborhood starting from $1,440. The second greatest value Olde Franklin Town apartment is the North - 2 Bedroom 2.5 Bath Townhome Model at Weatherstone Townhomes starting at $2,770 with a $1.63 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.
Hunters RidgeBergamot2BR,2BA$0.83
Weatherstone TownhomesNorth - 2 Bedroom 2.5 Bath Townhome2BR,2.5BA$1.63
Uptown 11 Townhouses2 Bedroom 1.5 Bath2BR,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$1.58
Kendallwood ApartmentsBirch1BR,1BA$1.54
Regal Towers1 Bedroom1BR,1BA$1.29
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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Olde Franklin Town, Farmington, MI

Ranked #18

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

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 $849 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 $989 at Regal Towers.

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

decorative image for A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent article

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.

decorative image for The Best Detroit Area Neighborhoods for Off-Campus Housing Renters article

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.

decorative image for The Detroit Insiders Renting Guide: A Locals Look Under the Hood of Motown article

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.

decorative image for Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers article

Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers

Written by: Tim Brown

The auto industry remains the largest employment sector in the Motor City and surrounding communities, though the metro area has a significant presence in other sectors, including medical and financial services.

Articles, How-To's, and Tips

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.