
Cheap Apartments for Rent in Franklin, CT from $700 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin.


Blackstone Apartments

Moosup Gardens Townhomes

Total Monthly Price
Norwich

560 on Main
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.

Total Monthly Price
Colonial Townhouse Apartments

Meadow Ridge Apartment Homes

The Lofts at Ponemah Mills

Oak Tree Village

Meadowbrook Gardens
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.

Total Monthly Price
Mohegan Commons Apartments

35 Chestnut St

Artspace Windham

88-98 Chestnut St

57 Warren St
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.

297 CT-32
Franklin, CT Local Guide

How much does it cost to rent an apartment in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Studio Apartments | $1,549 | $1,050 | $2,034 |
| Franklin 1 Bedroom Apartments | $1,596 | $710 | $2,697 |
| Franklin 2 Bedroom Apartments | $1,790 | $798 | $2,929 |
| Franklin 3 Bedroom Apartments | $1,983 | $1,215 | $3,146 |
Browse Top Apartments in Franklin
See all Apartments in FranklinExplore Franklin
Franklin, CT Local Guide
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Cheapest Available Franklin Apartments for Rent and Nearby
 The cheapest available apartment rental in Franklin, CT is a 1 Bed unit found at Norwich in the Northeast New London Norwich neighborhood priced from $1,025. 560 on Main in the Northwest New London Colchester neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here is today’s list of the most affordable Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Norwich | One Bedroom | 1BR,1BA | $1,025 |
| 560 on Main | SM Studio | Studio,1BA | $1,050 |
| Colonial Townhouse Apartments | Studio | Studio,1BA | $1,100 |
| Oak Tree Village | 2 Bedroom | 2BR,1BA | $1,172 |
| Meadowbrook Gardens | 3X3C | 3BR,3BA | $1,215 |
Best Value Apartments for Rent in Franklin, CT and Nearby
As of December 27, 2025 the best value apartment in the Franklin area is the $1.18 price per square foot Daffodil Model at Moosup Gardens Townhomes in the in the Central Village neighborhood starting from $1,450. The second greatest value Franklin apartment is the PM2cF-T Model at The Lofts at Ponemah Mills starting at $1,346 with a $1.18 price per square foot in the Northeast New London Norwich neighborhood. Here is today’s list of the best values for Franklin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Moosup Gardens Townhomes | Daffodil | 3BR,1.5BA | $1.18 |
| The Lofts at Ponemah Mills | PM2cF-T | 2BR,2BA | $1.18 |
| The Terraces Apartments | 2 Bedroom | 2BR,1BA | $1.45 |
| Summitwoods Apartments | 2 Bed | 2BR,1BA | $1.68 |
| 35 Chestnut St | 1 Bed, 1 bath | 1BR,1BA | $1.46 |
| Fox Run Apartments | 2 BEDROOMS | 2BR,1BA | $1.63 |
| 560 on Main | SM 1BR | 1BR,1BA | $1.52 |
| Artspace Windham | One Bedroom | 1BR,2BA | $1.61 |
| Mohegan Commons Apartments | The Park - 2 Bedroom | 2BR,1BA | $1.69 |
| Norwich | One Bedroom | 1BR,1BA | $1.37 |
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
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.
Read ArticleCash 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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Franklin, CT
Frequently Asked Questions about Cheap Franklin Apartments
What is the Cheapest Studio apartment in Franklin?
Currently the most affordable Cheap Studio Apartment in Franklin is at 560 on Main listed at $1,050.
How much is rent for a Cheap One Bedroom Franklin Apartment?
The lowest price for a Cheap One Bedroom Franklin Apartment is $1,025 at Norwich.
What is the lowest price for a Cheap Two Bedroom Franklin Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Franklin is starting from $1,172 at Oak Tree Village.
What is the most affordable Franklin Three Bedroom Apartment?
The best deal on a cheap Franklin Three Bedroom Apartment rental is at Meadowbrook Gardens and starts from $1,215.
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.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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!