170 Bernice Ave
WoonsocketRI02895
Cheap Homes for Rent in Franklin, MA from $800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.
19 Chester St
WoonsocketRI02895
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$1,395Studio Apartments Available Jun 1
53-55 Main St, Unit 53-2
53-55 Main StMedway, MA 02053
658 Old West Central St
FranklinMA02038
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$1,8752 Bedroom Apartments Available May 1
338 Summer St, Unit 9
338 Summer StFranklin, MA 02038
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.
49 Miller St
BlackstoneMA01504
150 Rumford Ave
MansfieldMA02048
5 Austin St
BlackstoneMA01504
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$1,9752 Bedroom Apartments Available May 1
173 Main St, Unit 1A
173 Main StMedway, MA 02053
67 Milliken Ave, Unit 22B
67 Milliken Ave
FranklinMA02038
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.
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Franklin, MA Local Guide
Main Street, Franklin Massachusetts by John Phelan is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Franklin?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Franklin 2 Bedroom Homes for Rent | $2,750 | $1,900 | $4,800 |
| Franklin 3 Bedroom Homes for Rent | $3,337 | $2,700 | $4,900 |
| Franklin 4 Bedroom Homes for Rent | $6,142 | $2,800 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Franklin
Explore Franklin
Franklin, MA Local Guide
- Franklin Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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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 Oak Woods Apartments in the 495 South neighborhood priced from $1,432. 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 |
|---|---|---|---|
| Oak Woods Apartments | 1 BR/1BA | 1BR,1BA | $1,432 |
| Franklin Landings | One Bedroom Traditional Style | 1BR,1BA | $1,890 |
| Franklin Extended Stay Hotel | Studio Standard | 1BR,1BA | $1,900 |
Best Value Apartments for Rent in Franklin, MA
As of April 29, 2026 the best value apartment in the Franklin area is the $2.71 price per square foot Two Bedroom Two Bathroom Model at Franklin Commons in the in the 495 South neighborhood starting from $2,555. The second greatest value Franklin apartment is the 1 Bedroom Model at Glen Meadow Apartments starting at $1,995 with a $2.35 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. |
|---|---|---|---|
| Franklin Commons | Two Bedroom Two Bathroom | 2BR,2BA | $2.71 |
| Glen Meadow Apartments | 1 Bedroom | 1BR,1BA | $2.35 |
| Hathon | A1 | 1BR,1BA | $3.36 |
| The Curtis | One Bedroom One Bathroom | 1BR,1BA | $3.14 |
| Charles Bellingham | Aspen | 1BR,1BA | $3.03 |
| Station 117 | A1 | 1BR,1BA | $3.94 |
| Union Place | One Bedroom A1A | 1BR,1BA | $3.01 |
| Halstead Franklin | A1A | 1BR,1BA | $3.14 |
| Oak Woods Apartments | 1 BR/1BA | 1BR,1BA | $2.45 |
| Franklin Landings | One Bedroom Traditional Style | 1BR,1BA | $3.86 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleThe 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 ArticleCash 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 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.
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Explore Franklin, MA Rentals by Map
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 66 Apartments for Rent in Franklin, MA with pricing that ranges from $1,395 to $3,950. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $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 $800 to $16,500 with an average monthly rent of $3,360.
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.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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.
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.