Cheap Homes for Rent in Franklin, MA from $1,900 (6 Rentals)

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

property at 118 E Central St

118 E Central St

FranklinMA02038

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.

property at 809 Franklin Crossing Rd
property at 14 Shadowbrook Ln

14 Shadowbrook Ln

MilfordMA01757
property at 9 Shadowbrook Ln

9 Shadowbrook Ln

MilfordMA01757

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.

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 Union Place in the 495 South neighborhood priced from $1,965. Franklin Commons in the 495 South neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,095. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Union PlaceOne Bedroom A1A1BR,1BA$1,965
Franklin CommonsOne Bedroom One Bathroom1BR,1BA$2,095
Charles At BellinghamAspen1BR,1BA$2,149

Best Value Apartments for Rent in Franklin, MA

As of October 01, 2025 the best value apartment in the Franklin area is the $2.08 price per square foot A Model at Taj Estates of Franklin in the in the 495 South neighborhood starting from $2,750. The second greatest value Franklin apartment is the A5D Model at Station 117 starting at $3,233 with a $3.41 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.
Taj Estates of FranklinA2BR,2BA$2.08
Station 117A5D1BR,1BA$3.41
Glen Meadow Apartments1 Bedroom1BR,1BA$2.58
HathonA11BR,1BA$2.83
The CurtisOne Bedroom One Bathroom1BR,1BA$3.09
Charles At BellinghamAspen1BR,1BA$2.84
Union PlaceOne Bedroom A1B1BR,1BA$2.86
Halstead FranklinA1A1BR,1BA$3.21
Franklin CommonsOne Bedroom One Bathroom1BR,1BA$3.32

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

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Frequently Asked Questions about Franklin

What type of rentals are currently available in Franklin?

There are currently 63 Apartments for Rent in Franklin, MA with pricing that ranges from $1,495 to $3,891. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $1,950 to $4,500.

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 $1,950 to $4,500 with an average monthly rent of $3,354.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon article

A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon

Written by: Andrew Jollett

Phoenix has long been one of the fastest-growing metros in the United States. When I think about how much I’ve seen it change over the years, it’s no wonder so many young professionals flock to the area every year.

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Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide

Written by: Amber Kanuckel

Hey, there! I’m Amber, your ApartmentHomeLiving.com local expert for Kansas City, and I’m back with my recommendations for top employers in the area.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.