Cheap Apartments for Rent in Franklin, MD from $300 (46 Rentals)

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

property at 22 Locust St

$720

Total Monthly Price

Total Monthly Price

Base Rent
$720
Total Monthly Price
$720

2 Bedroom, 1 Bath Home for Rent

Available Apr 20

22 Locust St

UniontownPA15401

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.

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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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Braddocks Greene
1 to 2 Bedroom Apartments

Braddocks Greene

100 Braddock StFrostburg, MD 21532
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Magnolia Greene
2 to 3 Bedroom Apartments

Magnolia Greene

13000 Winchester RdLavale, MD 21502

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.

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property at 623 Columbia Ave

$635

Total Monthly Price

Total Monthly Price

Base Rent
$635
Total Monthly Price
$635

1 Bedroom, 1 Bath Townhome for Rent

Available Now

623 Columbia Ave

CumberlandMD21502
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Berkely Manor
Studio to 1 Bedroom Apartments

Berkely Manor

320 W Berkeley StUniontown, PA 15401
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Muirwood Greene
1 to 3 Bedroom Apartments

Muirwood Greene

55 Muirwood Greene DrRomney, WV 26757
  • Utilities Included
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Alpine Village
1 to 2 Bedroom Apartments

Alpine Village

500 Shaffer StTerra Alta, WV 26764
  • Utilities Included
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Tucker Manor
1 to 2 Bedroom Apartments

Tucker Manor

202 Sunnyside LnParsons, WV 26287
Senior Living
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Yellowbud Place
1 to 3 Bedroom Apartments

Yellowbud Place

100 Caledonia Heights RdMoorefield, WV 26836
  • Utilities Included
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Lana Lu Apartments- 62+
1 Bedroom Apartments

Lana Lu Apartments- 62+

40 Main StLonaconing, MD 21539
Senior Living
  • Utilities Included
property at 133 Virginia Ave

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800

1 Bedroom, 1 Bath Home for Rent

Available Now

133 Virginia Ave

CumberlandMD21502
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Maplewood Gardens
2 to 3 Bedroom Apartments

Maplewood Gardens

229 Maple AvenueMoorefield, WV 26836
property at 623 Columbia Ave

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

1 Bedroom, 1 Bath Condo for Rent

Available Now

623 Columbia Ave, Unit B, Unit B

623 Columbia Ave
CumberlandMD21502
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Cumberland Meadows
1 to 2 Bedroom Apartments

Cumberland Meadows

12500 Old Willow Brook Rd SECumberland, MD 21502
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Bayridge Greene
1 to 3 Bedroom Apartments

Bayridge Greene

507 Simons StKeyser, WV 26726
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-46, Page 1 of 1

Franklin, MD Local Guide

Cheapest Available Franklin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Franklin, MD is a 2 Beds unit found at Bayberry Place priced from $754. Yellowbud Place has the second lowest priced unit, which is a 2 Beds apartment currently listed from $775. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bayberry Place2 Bedroom Unit2BR,1BA$754
Yellowbud Place2 Bedroom Unit2BR,1BA$775
Woodlands Hills Townhomes2 Bedroom / 1 Bathroom2BR,1BA$795
Meridian Point1 BR1BR,1BA$940
Orchard MewsOne Bedroom1BR,1BA$971
Morgantown Townhomes2 Bedroom 1 bath2BR,1BA$975

Best Value Apartments for Rent in Franklin, MD and Nearby

As of April 15, 2026 the best value apartment in the Franklin area is the $0.64 price per square foot 27 E Kerr St Model at 27 E Kerr St, Unit B in the starting from $800. The second greatest value Franklin apartment is the 2 Bedroom 1 bath Model at Morgantown Townhomes starting at $975 with a $0.93 price per square foot . 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.
27 E Kerr St, Unit B27 E Kerr St3BR,1BA$0.64
Morgantown Townhomes2 Bedroom 1 bath2BR,1BA$0.93
Yellowbud Place2 Bedroom Unit2BR,1.5BA$0.81
Magnolia Greene2 Bedroom/1 Bath2BR,1BA$1.19
Bayberry Place2 Bedroom Unit2BR,1BA$0.82
Woodlands Hills Townhomes2 Bedroom / 1 Bathroom2BR,1BA$0.88
33 W Fayette St, Unit 733 W Fayette St1BR,1BA$0.94
84 Bowery St, Unit 184 Bowery St2BR,1BA$1.14
Orchard MewsOne Bedroom1BR,1BA$1.38
330 W Catherine St330 W Catherine St1BR,1BA$0.79

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.

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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.

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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.

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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.

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

Explore Franklin, MD Rentals by Map

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See the most popular apartments and homes in Franklin, MD

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Frequently Asked Questions about Cheap Franklin Apartments

How much is rent for a Cheap One Bedroom Franklin Apartment?

The lowest price for a Cheap One Bedroom Franklin Apartment is $940 at Meridian Point.

What is the lowest price for a Cheap Two Bedroom Franklin Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Franklin is starting from $754 at Bayberry Place.

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 What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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.