Cheap Apartments for Rent in Franklin, MD from $500 (13 Rentals)

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

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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Braddock''s Greene
1 to 2 Bedroom Apartments

Braddock''s Greene

100 Braddock StFrostburg, MD 21532
Senior Living
  • Utilities Included
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Greene Gables
1 to 3 Bedroom Apartments

Greene Gables

7047 Greene Gables DrRidgeley, WV 26753
  • Utilities Included
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Berkely Manor
Studio to 1 Bedroom Apartments

Berkely Manor

320 W Berkeley StUniontown, PA 15401

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.

Franklin, MD Local Guide

Cheapest Available Franklin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Franklin, MD is a 1 Bed unit found at Greene Gables priced from $659. Bayridge Greene has the second lowest priced unit, which is a 1 Bed apartment currently listed from $740. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Greene Gables1 Bedroom1BR,1BA$659
Bayridge GreeneOne Bedroom1BR,1BA$740
Bayberry Place2 Bedroom Unit2BR,1BA$754
Magnolia Greene3 Bedroom3BR,2BA$815
Meridian Point1 BR1BR,1BA$900

Best Value Apartments for Rent in Franklin, MD and Nearby

As of October 24, 2025 the best value apartment in the Franklin area is the $0.37 price per square foot 214 S Central Ave Model at 214 S Central Ave, Unit 1 in the in the West Side neighborhood starting from $750. The second greatest value Franklin apartment is the 418 N Mechanic St Model at 418 N Mechanic St, Unit C starting at $1,295 with a $0.86 price per square foot in the West Side 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.
214 S Central Ave, Unit 1214 S Central Ave1BR,1BA$0.37
418 N Mechanic St, Unit C418 N Mechanic St3BR,1BA$0.86
Yellowbud Place3 Bedroom Unit3BR,1.5BA$0.75
128 N Gallatin Ave, Unit A128 N Gallatin Ave2BR,1BA$0.70
15 W Church St, Unit C15 W Church St2BR,1BA$0.82
Alpine VillageTwo Bedroom2BR,1BA$0.94
Bayberry Place2 Bedroom Unit2BR,1BA$0.82
Greene Gables1 Bedroom1BR,1BA$0.91
84 Bowery St, Unit 184 Bowery St2BR,1BA$1.14
Bayridge GreeneOne Bedroom1BR,1BA$1.18

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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 $659 at Greene Gables.

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.

What is the most affordable Franklin Three Bedroom Apartment?

The best deal on a cheap Franklin Three Bedroom Apartment rental is at Magnolia Greene and starts from $815.

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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! 

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.