
Cheap Homes for Rent in Olde Franklin Town Neighborhood of Farmington, MI from $1,100 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Olde Franklin Town area of Farmington.


30445 W 14 Mile Rd

27689 Echo Valley W

27654 Echo Valley W
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.

27654 Echo Valley E

32013 W 12 Mile Rd

27689 Echo Valley W

27860 Berrywood Ln
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.
Olde Franklin Town, Farmington, MI Local Guide

How much does it cost to rent a home in Olde Franklin Town?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Olde Franklin Town 2 Bedroom Homes for Rent | $2,120 | $1,475 | $4,500 |
| Olde Franklin Town 3 Bedroom Homes for Rent | $2,038 | $1,655 | $2,400 |
| Olde Franklin Town 4 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
| Olde Franklin Town 5 Bedroom Homes for Rent | $3,675 | $3,675 | $3,675 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Olde Franklin Town Neighborhood of Farmington, MI.
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Olde Franklin Town, Farmington, MI Local Guide
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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 Franklin has the second lowest priced unit, which is a Studio apartment currently listed from $1,005. 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 Franklin | Studio - A | Studio,1BA | $1,005 |
| The Lakes | 2 Bed 1 Bath | 2BR,1BA | $1,015 |
Best Value Apartments for Rent in Olde Franklin Town, MI
As of December 13, 2025 the best value apartment in the Olde Franklin Town area is the $1.37 price per square foot The Balfour 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 Oleander Model at Hunters Ridge starting at $1,925 with a $1.38 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. |
|---|---|---|---|
| Edge At Farmington Hills - Farmington Hills, MI | The Balfour | 2BR,2BA | $1.37 |
| Hunters Ridge | Oleander | 3BR,1.5BA | $1.38 |
| Claymoor Luxury Apartments | Claymoor | 2BR,2BA | $1.58 |
| Uptown 11 Townhouses | 3 Bedroom 1.5 Bath | 3BR,1.5BA | $1.47 |
| Pebble Creek | 3 Bed 2 Bath | 3BR,2BA | $1.24 |
| Carnegie Park Apartments | A3 1 Bedroom with Den | 1BR,2BA | $1.51 |
| Retreat at Farmington | Tidewater | 1BR,1BA | $1.38 |
| The Lakes | 1 BED 1 BATH STYLE C | 1BR,1BA | $1.54 |
| Kendallwood Apartments | Birch | 1BR,1BA | $1.51 |
| Regal Towers | 1 Bedroom | 1BR,1BA | $1.24 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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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 #19
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
Frequently Asked Questions about Olde Franklin Town
What type of rentals are currently available in Olde Franklin Town?
There are currently 48 Apartments for Rent in Olde Franklin Town, MI with pricing that ranges from $819 to $3,500. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olde Franklin Town ranging from $1,180 to $4,500.
What is the current price range for Rental Homes in Olde Franklin Town?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Olde Franklin Town ranges from $1,180 to $4,500 with an average monthly rent of $2,428.
How much are larger Three and Four Bedroom Rentals in Olde Franklin Town?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Olde Franklin Town range from $1,354 to $3,275, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,655 to $2,400. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $3,500.
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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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

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.