Cheap Homes for Rent in Franklin, MA from $1,400 (9 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Done

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

property at 1134 Social St

$1,795 - $2,095

3 Bedroom Rentals

Available Now

1134 Social St

WoonsocketRI02895

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.

property at 151 King St

$2,195

Total Monthly Price

Total Monthly Price

Base Rent
$2,195

Total Monthly Price
$2,195

2 Bedroom, 1 Bath Home for Rent

Available Now

151 King St

FranklinMA02038
property at 222 School St

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250

Total Monthly Price
$2,250

2 Bedroom, 1 Bath Condo for Rent

Available Now

222 School St

WalpoleMA02081
property at 2 Raymond St

$2,250

2 Bedroom Rentals

Available Now

2 Raymond St

North SmithfieldRI02896

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.

property at 89 Pleasant St

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

2 Bedroom, 1 Bath Townhome for Rent

Available Apr 1

89 Pleasant St

MedfieldMA02052

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 Franklin Extended Stay Hotel in the 495 South neighborhood priced from $1,300. Oak Woods Apartments in the 495 South neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,432. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Franklin Extended Stay HotelStudio Standard1BR,1BA$1,300
Oak Woods Apartments1 BR/1BA1BR,1BA$1,432
Halstead FranklinA1A1BR,1BA$2,100

Best Value Apartments for Rent in Franklin, MA

As of March 14, 2026 the best value apartment in the Franklin area is the $2.62 price per square foot Two Bedroom B2C Model at Union Place in the in the 495 South neighborhood starting from $2,698. The second greatest value Franklin apartment is the Two Bedroom Two Bathroom Model at Franklin Commons starting at $2,555 with a $2.71 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.
Union PlaceTwo Bedroom B2C2BR,2BA$2.62
Franklin CommonsTwo Bedroom Two Bathroom2BR,2BA$2.71
Glen Meadow Apartments2 Bedroom - Garden-Style2BR,1BA$2.83
The CurtisOne Bedroom One Bathroom with Den1BR,1BA$2.96
Station 117A21BR,1BA$3.10
8 Haven St, Unit 8A8 Haven St3BR,1BA$3.48
HathonA11BR,1BA$3.33
Charles At BellinghamAspen1BR,1BA$2.81
Halstead FranklinA1A1BR,1BA$3.00
Oak Woods Apartments1 BR/1BA1BR,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 Article
Decorative image

The 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 Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Franklin, MA Rentals by Map

View Map
Franklin, MA Apartments Map
View Map
Franklin, MA Rental Homes Map

Frequently Asked Questions about Franklin

What type of rentals are currently available in Franklin?

There are currently 65 Apartments for Rent in Franklin, MA with pricing that ranges from $1,300 to $3,529. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $1,480 to $16,500.

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 $1,480 to $16,500 with an average monthly rent of $3,902.

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

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

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.