
Cheap Apartments for Rent in Franklin, MA from $1,200 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin.


Franklin Landings

Union Place

36 Cross St, Unit 2

Glen Meadow Apartments

Total Monthly Price
Franklin Extended Stay Hotel

41 Washington St
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.

22 Fisher St

Oak Woods Apartments

Total Monthly Price
29B Broad St, Unit 29 B Broad Street

180 Main St, Unit 2B

79 N Main St

131 Creek St, Unit APT 5

Wilmark Apartments
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.

Brick House Apartments

56 Hamlet Ave

Glen Brook Way Seniors

200 Manville Hill Rd

150 Rumford Ave

89 Pleasant St

131 Creek St
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.

96 Main St
Franklin, MA Local Guide

How much does it cost to rent an apartment in Franklin?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Franklin 1 Bedroom Apartments | $2,353 | $1,432 | $3,000 |
| Franklin 2 Bedroom Apartments | $2,915 | $1,640 | $5,000 |
| Franklin 3 Bedroom Apartments | $3,176 | $1,950 | $4,316 |
Browse Top Apartments in Franklin
See all Apartments in FranklinExplore Franklin
Franklin, MA Local Guide
- Franklin Neighborhoods
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Cheapest Available Franklin Apartments for Rent and Nearby
 The cheapest available apartment rental in Franklin, MA is a 1 Bed unit found at Oak Woods Apartments in the 495 South neighborhood priced from $1,432. Franklin Landings in the 495 South neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,890. Here is today’s list of the most affordable Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Woods Apartments | 1 BR/1BA | 1BR,1BA | $1,432 |
| Franklin Landings | One Bedroom Traditional Style | 1BR,1BA | $1,890 |
| Union Place | One Bedroom A1A-MMR | 1BR,1BA | $1,904 |
| Glen Meadow Apartments | 1 Bedroom | 1BR,1BA | $1,995 |
| Franklin Extended Stay Hotel | Studio Standard | 1BR,1BA | $2,000 |
Best Value Apartments for Rent in Franklin, MA and Nearby
As of May 31, 2026 the best value apartment in the Franklin area is the $2.60 price per square foot Ironwood Model at Charles Bellingham in the in the 495 South neighborhood starting from $2,892. The second greatest value Franklin apartment is the B2A Model at Halstead Franklin starting at $2,925 with a $2.76 price per square foot in the Bellingham Estates 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. |
|---|---|---|---|
| Charles Bellingham | Ironwood | 2BR,2BA | $2.60 |
| Halstead Franklin | B2A | 2BR,2BA | $2.76 |
| Franklin Commons | Two Bedroom Two Bathroom | 2BR,2BA | $2.69 |
| Glen Meadow Apartments | 1 Bedroom | 1BR,1BA | $2.35 |
| 29B Broad St, Unit 29 B Broad Street | 29B Broad St | 2BR,1BA | $1.93 |
| The Curtis | One Bedroom One Bathroom with Den | 1BR,1BA | $3.03 |
| Station 117 | A2 | 1BR,1BA | $3.30 |
| Hathon | A1 | 1BR,1BA | $3.11 |
| Union Place | One Bedroom A1B | 1BR,1BA | $3.01 |
| Oak Woods Apartments | 1 BR/1BA | 1BR,1BA | $2.45 |
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.
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!
Explore Franklin, MA Rentals by Map
See the most popular apartments and homes in Franklin, MA
Frequently Asked Questions about Cheap Franklin Apartments
How much is rent for a Cheap One Bedroom Franklin Apartment?
The lowest price for a Cheap One Bedroom Franklin Apartment is $1,432 at Oak Woods Apartments.
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 $1,947 at Oak Woods Apartments.
What is the most affordable Franklin Three Bedroom Apartment?
The best deal on a cheap Franklin Three Bedroom Apartment rental is at Halstead Franklin and starts from $3,450.
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

From Blue-Collar to Bustling: Discover the Best Affordable Neighborhoods for Renting in Providence
Written by: M. April Tome
I’m April, your ApartmentHomeLiving.com Local Export for Providence, RI. Providence is the capital of Rhode Island. It is a bustling city with a small-town New England vibe.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.