
Cheap Homes for Rent in Franklin, MA from $1,800 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.


200 Manville Hill Rd

180 Main St, Unit 2B

658 Old West Central St

791 South 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.

89 Pleasant St

150 Rumford Ave

1 Rennie Dr

131 Creek St, Unit APT 5

131 Creek St
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.

96 Main St

222 School St

134 Boardman St

86 Maple St

16 Shadowbrook Ln
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.

7 Shadowbrook Ln
Franklin, MA Local Guide

How much does it cost to rent a home in Franklin?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Franklin 2 Bedroom Homes for Rent | $2,462 | $1,800 | $3,300 |
| Franklin 3 Bedroom Homes for Rent | $3,292 | $2,400 | $4,000 |
| Franklin 4 Bedroom Homes for Rent | $6,400 | $2,800 | $10,000+ |
| Franklin 5 Bedroom Homes for Rent | $10,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Franklin
Explore Franklin
Franklin, MA Local Guide
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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 $1,550. 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 |
|---|---|---|---|
| Franklin Extended Stay Hotel | Studio Standard | 1BR,1BA | $1,550 |
| Franklin Landings | One Bedroom Traditional Style | 1BR,1BA | $1,890 |
| Glen Meadow Apartments | 1 Bedroom | 1BR,1BA | $1,995 |
| Union Place | One Bedroom A1A | 1BR,1BA | $2,158 |
| The Curtis | One Bedroom One Bathroom | 1BR,1BA | $2,441 |
Best Value Apartments for Rent in Franklin, MA
As of June 13, 2026 the best value apartment in the Franklin area is the $2.21 price per square foot 106 Dean Ave Model at 106 Dean Ave, Unit 1 in the in the 495 South neighborhood starting from $2,650. The second greatest value Franklin apartment is the Ironwood Model at Charles Bellingham starting at $2,802 with a $2.52 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. |
|---|---|---|---|
| 106 Dean Ave, Unit 1 | 106 Dean Ave | 2BR,1BA | $2.21 |
| Charles Bellingham | Ironwood | 2BR,2BA | $2.52 |
| Halstead Franklin | B2D | 2BR,2BA | $2.82 |
| Franklin Commons | Two Bedroom Two Bathroom | 2BR,2BA | $2.69 |
| 29B Broad St, Unit 29 B Broad Street | 29B Broad St | 2BR,1BA | $1.93 |
| Glen Meadow Apartments | 1 Bedroom | 1BR,1BA | $2.35 |
| Station 117 | A3 | 1BR,1BA | $3.18 |
| Hathon | A2 | 1BR,1BA | $2.99 |
| The Curtis | One Bedroom One Bathroom with Den | 1BR,1BA | $3.24 |
| Union Place | One Bedroom A1B | 1BR,1BA | $3.08 |
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!
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See the most popular apartments and homes in Franklin, MA
Frequently Asked Questions about Franklin
What type of rentals are currently available in Franklin?
There are currently 71 Apartments for Rent in Franklin, MA with pricing that ranges from $1,432 to $4,006. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $1,800 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 $1,800 to $16,500 with an average monthly rent of $4,503.
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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.