Cheap Homes for Rent in Franklin, MA from $800 (13 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 36 E Central St

$850

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

Studio, 1 Bath Condo for Rent

Available Now

36 E Central St

FranklinMA02038

Your Local Guide to Providence Student Housing: Best Neighborhoods for College Renters

Discover affordable off-campus rentals and the best local neighborhoods for college life, featuring expert tips from a seasoned renter.

property at 641 S Washington St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

1 Bedroom, 1 Bath Condo for Rent

Available Now

641 S Washington St

North AttleboroughMA02760
property at 89 Pleasant St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

1 Bedroom, 1 Bath Condo for Rent

Available Now

89 Pleasant St

MedfieldMA02052
property at 131 Creek St

$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

131 Creek St

WrenthamMA02093

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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. 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 ListingModel NameBed/BathPriced From
Oak Woods Apartments1 BR/1BA1BR,1BA$1,432
Franklin Extended Stay HotelStudio Standard1BR,1BA$1,550
Union PlaceOne Bedroom A1A-MMR1BR,1BA$1,904
Franklin LandingsOne Bedroom Traditional Style1BR,1BA$1,930
Glen Meadow Apartments1 Bedroom1BR,1BA$1,975

Best Value Apartments for Rent in Franklin, MA

As of July 29, 2026 the best value apartment in the Franklin area is the $3.30 price per square foot 1 Pond Pl Model at 1 Pond Pl, Unit Unit 1 in the in the 495 South neighborhood starting from $3,300. The second greatest value Franklin apartment is the 1 Bedroom Model at Glen Meadow Apartments starting at $1,975 with a $2.32 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.
1 Pond Pl, Unit Unit 11 Pond Pl3BR,2BA$3.30
Glen Meadow Apartments1 Bedroom1BR,1BA$2.32
Station 117A31BR,1BA$3.07
HathonA11BR,1BA$3.05
The CurtisOne Bedroom One Bathroom1BR,1BA$2.92
Charles BellinghamAspen1BR,1BA$3.02
Union PlaceOne Bedroom A1A1BR,1BA$3.05
Halstead FranklinA1A1BR,1BA$3.21
Franklin CommonsOne Bedroom One Bathroom1BR,1BA$3.60
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

Real 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 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 68 Apartments for Rent in Franklin, MA with pricing that ranges from $1,432 to $4,415. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $850 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 $850 to $16,500 with an average monthly rent of $3,781.

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 Your Local Guide to Providence Student Housing: Best Neighborhoods for College Renters article

Your Local Guide to Providence Student Housing: Best Neighborhoods for College Renters

Written by: M. April Tome

Hi, I’m April, your local guide for living in Providence, RI. I attended college in Providence and lived in this great city for many years.

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.