Search the lowest-cost Apartments available for rent right now in Franklin.
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.
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.
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.
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.
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Cheap Franklin 1 Bedroom Apartments | $2,307 | $1,432 | $3,000 |
| Cheap Franklin 2 Bedroom Apartments | $2,792 | $1,947 | $3,900 |
| Cheap Franklin 3 Bedroom Apartments | $3,427 | $2,685 | $4,067 |
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 Extended Stay Hotel in the 495 South neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,550. 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 Extended Stay Hotel | Studio Standard | 1BR,1BA | $1,550 |
| Franklin Landings | One Bedroom Traditional Style | 1BR,1BA | $1,930 |
| Glen Meadow Apartments | 1 Bedroom | 1BR,1BA | $1,975 |
| The Curtis | One Bedroom One Bathroom | 1BR,1BA | $2,146 |
As of July 15, 2026 the best value apartment in the Franklin area is the $2.47 price per square foot Two Bedroom B2B Model at Union Place in the in the 495 South neighborhood starting from $2,474. The second greatest value Franklin apartment is the 1 Pond Pl Model at 1 Pond Pl, Unit Unit 1 starting at $3,300 with a $3.30 price per square foot in the 495 South 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. |
|---|---|---|---|
| Union Place | Two Bedroom B2B | 2BR,2BA | $2.47 |
| 1 Pond Pl, Unit Unit 1 | 1 Pond Pl | 3BR,2BA | $3.30 |
| Glen Meadow Apartments | 1 Bedroom | 1BR,1BA | $2.32 |
| Station 117 | A3 | 1BR,1BA | $3.16 |
| Hathon | A2 | 1BR,1BA | $2.96 |
| The Curtis | One Bedroom One Bathroom with Den | 1BR,1BA | $2.95 |
| Charles Bellingham | Aspen | 1BR,1BA | $3.02 |
| Halstead Franklin | A1A | 1BR,1BA | $3.50 |
| Franklin Commons | One Bedroom One Bathroom | 1BR,1BA | $3.64 |
| Oak Woods Apartments | 1 BR/1BA | 1BR,1BA | $2.45 |
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 ArticleFrom 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 ArticleThe 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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The lowest price for a Cheap One Bedroom Franklin Apartment is $1,432 at Oak Woods Apartments.
Today's best deal for a Cheap Two Bedroom Apartment in Franklin is starting from $1,947 at Oak Woods Apartments.
The best deal on a cheap Franklin Three Bedroom Apartment rental is at Hathon and starts from $4,067.
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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