
Cheap Homes for Rent in the Olde Franklin Town Neighborhood of Farmington, MI from $1,100 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Olde Franklin Town area of Farmington.


30042 W 12 Mile Rd, Unit 56
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30042 W 12 Mile Rd

27915 Berrywood Ln
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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 | $1,674 | $1,550 | $1,950 |
| Olde Franklin Town 3 Bedroom Homes for Rent | $2,083 | $1,850 | $2,200 |
| Olde Franklin Town 4 Bedroom Homes for Rent | $3,914 | $2,495 | $5,250 |
Browse Homes for Rent in this Neighborhood
There are currently 4 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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Best Value Apartments for Rent in Olde Franklin Town, MI
As of July 31, 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 Claymoor Model at Claymoor Luxury Apartments starting at $2,150 with a $1.65 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Edge At Farmington Hills - Farmington Hills, MI | The Andover | 2BR,2BA | $1.19 |
| Claymoor Luxury Apartments | Claymoor | 2BR,2BA | $1.65 |
| Hunters Ridge | Meadowsweet | 2BR,1.5BA | $1.45 |
| Carnegie Park Apartments | A2 Renovated | 1BR,1BA | $1.52 |
| Retreat at Farmington | Tidewater | 1BR,1BA | $1.63 |
| Regal Towers | 2 Bedroom | 2BR,1BA | $1.23 |
| The Pines | One Bedroom | 1BR,1BA | $1.26 |
| The Lakes | 1 BED 1 BATH STYLE A | 1BR,1BA | $1.54 |
| Kendallwood Apartments | Birch | 1BR,1BA | $1.54 |
| The Franklin | Studio - A | Studio ,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 ArticleReal 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.
Pet Friendly LifestyleOlde Franklin Town, Farmington, MI
Ranked #17
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 45 Apartments for Rent in Olde Franklin Town, MI with pricing that ranges from $849 to $3,900. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olde Franklin Town ranging from $1,150 to $5,250.
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 $1,150 to $5,250 with an average monthly rent of $2,554.
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 $1,349 to $3,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $2,200. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $3,600.
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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