Cheap Homes for Rent in Olde Franklin Town Neighborhood of Farmington, MI from $1,100 (3 Rentals)

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Search the lowest-cost Homes 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.

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Olde Franklin Town, Farmington, MI Local Guide

Best Value Apartments for Rent in Olde Franklin Town, MI

As of May 01, 2026 the best value apartment in the Olde Franklin Town area is the $0.85 price per square foot Bergamot Model at Hunters Ridge in the in the Woodcreek neighborhood starting from $1,480. The second greatest value Olde Franklin Town apartment is the The Andover Model at Edge At Farmington Hills - Farmington Hills, MI starting at $2,025 with a $1.21 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$0.85
Edge At Farmington Hills - Farmington Hills, MIThe Andover2BR,2BA$1.21
Uptown 11 Townhouses2 Bedroom 1.5 Bath2BR,1.5BA$1.42
ReNew Franklin Hills2BD x 1BA2BR,1BA$1.55
Pebble Creek2 Bed 2 Bath2BR,2BA$1.21
Retreat at FarmingtonTidewater1BR,1BA$1.63
The PinesOne Bedroom1BR,1BA$1.26
Regal Towers1 Bedroom1BR,1BA$1.24
The FranklinStudio - AStudio ,1BA$1.60
The LakesSTUDIOStudio ,1BA$1.54

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
Olde Franklin Town, Farmington, MI

Ranked #15

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 $3,900. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olde Franklin Town ranging from $1,180 to $4,950.

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 $4,950 with an average monthly rent of $2,377.

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

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Articles, How-To's, and Tips

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Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

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.