Cheap Apartments for Rent in Franklin, MA from $1,200 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in Franklin.

property at 4 W Park St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

1 Bedroom, 1 Bath Home for Rent

Available Now

4 W Park St

FranklinMA02038
property at 67 Milliken Ave

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

1 Bedroom, 1 Bath Home for Rent

Available Now

67 Milliken Ave

FranklinMA02038
property at 338 Summer St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

2 Bedroom, 1 Bath Home for Rent

Available Now

338 Summer St

FranklinMA02038
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Halstead Franklin
Rent Specials
$2,150 - $3,350
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,150 - $3,350

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Halstead Franklin

50 Woodview WayFranklin, MA 02038
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

property at 74 Cottage St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

1 Bedroom, 1 Bath Home for Rent

Available Now

74 Cottage St

FranklinMA02038
property at 658 Old West Central St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom, 1 Bath Townhome for Rent

Available Now

property at 151 King St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 1 Bath Home for Rent

Available Now

151 King St

FranklinMA02038
property at 359 Village St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

1 Bedroom, 1 Bath Home for Rent

Available Now

359 Village St

MillisMA02054
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Charles Bellingham
Rent Specials
$2,179 - $3,686
Total Monthly Price

Total Monthly Price

Base Rent
$2,179 - $3,686

Total Monthly Price
$2,179 - $3,686
1 to 2 Bedroom Apartments Available Now

Charles Bellingham

151 N Main StBellingham, MA 02019
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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Wilmark Apartments
2 Bedroom Apartments

Wilmark Apartments

1 Cassidy LnMedway, MA 02053
  • Utilities Included
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Brick House Apartments
Studio to 1 Bedroom Apartments

Brick House Apartments

53-55 Main StMedway, MA 02053
  • Utilities Included
property at 49 Miller St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1 Bath Home for Rent

Available Now

49 Miller St

BlackstoneMA01504
property at 5 Austin St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 1 Bath Townhome for Rent

Available Now

5 Austin St

BlackstoneMA01504
property at 6 Kennedy Ln

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom, 1 Bath Condo for Rent

Available Now

6 Kennedy Ln

MilfordMA01757

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Franklin, MA Local Guide

Cheapest Available Franklin Apartments for Rent

 

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. Union Place in the 495 South neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,850. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oak Woods Apartments1 BR/1BA1BR,1BA$1,432
Union PlaceOne Bedroom A1A-MMR1BR,1BA$1,850
Franklin LandingsOne Bedroom Traditional Style1BR,1BA$1,890
Franklin Extended Stay HotelStudio Standard1BR,1BA$1,900
Glen Meadow Apartments1 Bedroom1BR,1BA$2,195

Best Value Apartments for Rent in Franklin, MA

As of April 14, 2026 the best value apartment in the Franklin area is the $1.94 price per square foot Copper Model at Redtail Crossing in the in the 495 South neighborhood starting from $3,700. The second greatest value Franklin apartment is the 8 Haven St Model at 8 Haven St, Unit 8A starting at $2,750 with a $2.12 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Redtail CrossingCopper2BR,2.5BA$1.94
8 Haven St, Unit 8A8 Haven St3BR,1BA$2.12
Halstead FranklinB2A2BR,2BA$2.71
Franklin CommonsTwo Bedroom Two Bathroom2BR,2BA$2.71
Glen Meadow Apartments2 Bedroom - Garden-Style2BR,1BA$2.61
The CurtisOne Bedroom One Bathroom1BR,1BA$3.10
Charles BellinghamAspen1BR,1BA$2.96
Station 117A11BR,1BA$3.05
Union PlaceOne Bedroom A1A1BR,1BA$3.08
Oak Woods Apartments1 BR/1BA1BR,1BA$2.45

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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.

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

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From Blue-Collar to Bustling: Discover the Best Affordable Neighborhoods for Renting in Providence

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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.

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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.

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Maximizing Your Refund: Essential Tax Tips for Renters

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

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