389 Wyassup Rd
North StoningtonCT06359
Cheap Homes for Rent in Franklin, CT from $1,000 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.
79 Garfield Ave
New LondonCT06320
297 CT-32
Mansfield CenterCT06250
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.
113 Palmer Rd
ScotlandCT06330
159 Connecticut Ave
New LondonCT06320
204 Main St
SterlingCT06377
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.
Showing Results 1-6, Page 1 of 1
Franklin, CT Local Guide
The Donut, unofficial state food by m01229 is licensed under CC BY 2.0
How much does it cost to rent a home in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin 2 Bedroom Homes for Rent | $2,296 | $1,000 | $5,000 |
| Franklin 3 Bedroom Homes for Rent | $2,740 | $2,200 | $3,500 |
| Franklin 4 Bedroom Homes for Rent | $16,100 | $2,800 | $10,000+ |
| Franklin 5 Bedroom Homes for Rent | $3,650 | $3,300 | $4,000 |
| Franklin 6 Bedroom Homes for Rent | $3,600 | $3,600 | $3,600 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Franklin
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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 Moosup Gardens Townhomes in the Central Village neighborhood priced from $1,000. 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 |
|---|---|---|---|
| Moosup Gardens Townhomes | Tulip | 1BR,1BA | $1,000 |
| 560 On Main | SM Studio | Studio,1BA | $1,050 |
| Oxoboxo Lofts | 2 Bedroom | 2BR,1BA | $1,084 |
Best Value Apartments for Rent in Franklin, CT and Nearby
As of May 17, 2026 the best value apartment in the Franklin area is the $1.59 price per square foot Lily Model at Moosup Gardens Townhomes in the in the Central Village neighborhood starting from $1,686. The second greatest value Franklin apartment is the 2 Bedroom Model at Oxoboxo Lofts starting at $1,875 with a $1.77 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 | Lily | 2BR,1BA | $1.59 |
| Oxoboxo Lofts | 2 Bedroom | 2BR,2BA | $1.77 |
| Meadowbrook Gardens | 2X2AB | 2BR,2BA | $1.51 |
| Blackstone Apartments | Large One Bedroom | 1BR,1BA | $1.50 |
| Norwich | Two Bedroom | 2BR,1BA | $1.45 |
| Summitwoods Apartments | 2 Bed | 2BR,1BA | $1.74 |
| 35 Chestnut St | 1 Bed, 1 bath | 1BR,1BA | $1.46 |
| 560 On Main | SM 1BR | 1BR,1BA | $1.52 |
| The Lofts at Ponemah Mills | PM1aF-T | 1BR,1BA | $1.42 |
| The Terraces Apartments | 1 Bedroom | 1BR,1BA | $1.69 |
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
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.
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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.
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See the most popular apartments and homes in Franklin, CT
Frequently Asked Questions about Franklin
What type of rentals are currently available in Franklin?
There are currently 44 Apartments for Rent in Franklin, CT with pricing that ranges from $710 to $3,450. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $1,000 to $40,000.
What is the current price range for Rental Homes in Franklin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Franklin ranges from $1,000 to $40,000 with an average monthly rent of $4,523.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
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.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.