
Cheap Homes for Rent in Franklin, MD from $500 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.


113-113 Blackwater Ave

623 Columbia Ave

416 Maryland Ave
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.

9 Jacob St

149 Wood St

205 Griscom St

23 Dunkard Ave

10900 Mason Rd NE

207 Alexandria Dr

36 Wilson Ave
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, MD Local Guide

How much does it cost to rent a home in Franklin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Franklin 2 Bedroom Homes for Rent | $1,104 | $550 | $1,600 |
Franklin 3 Bedroom Homes for Rent | $1,363 | $750 | $2,250 |
Franklin 4 Bedroom Homes for Rent | $1,925 | $1,100 | $3,850 |
Browse Top Homes for Rent in Franklin
Explore Franklin
Franklin, MD Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Greene Gables | 1 Bedroom | 1BR,1BA | $659 |
Bayridge Greene | One Bedroom | 1BR,1BA | $740 |
Bayberry Place | 2 Bedroom Unit | 2BR,1BA | $754 |
Magnolia Greene | 3 Bedroom | 3BR,2BA | $815 |
Meridian Point | 1 BR | 1BR,1BA | $900 |
Best Value Apartments for Rent in Franklin, MD and Nearby
As of October 15, 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 3 Bedroom Unit Model at Yellowbud Place starting at $901 with a $0.75 price per square foot . 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. |
---|---|---|---|
214 S Central Ave, Unit 1 | 214 S Central Ave | 1BR,1BA | $0.37 |
Yellowbud Place | 3 Bedroom Unit | 3BR,1.5BA | $0.75 |
128 N Gallatin Ave, Unit A | 128 N Gallatin Ave | 2BR,1BA | $0.70 |
Alpine Village | Two Bedroom | 2BR,1BA | $0.94 |
Magnolia Greene | 2 Bedroom | 2BR,1BA | $1.19 |
Bayberry Place | 2 Bedroom Unit | 2BR,1BA | $0.82 |
3 Decatur St, Unit 3 | 3 Decatur St | 2BR,2BA | $1.12 |
Greene Gables | 1 Bedroom | 1BR,1BA | $0.91 |
84 Bowery St, Unit 1 | 84 Bowery St | 2BR,1BA | $1.14 |
Bayridge Greene | One Bedroom | 1BR,1BA | $1.18 |
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See the most popular apartments and homes in Franklin, MD
Frequently Asked Questions about Franklin
What type of rentals are currently available in Franklin?
There are currently 41 Apartments for Rent in Franklin, MD with pricing that ranges from $650 to $1,800. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $550 to $3,850.
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 $550 to $3,850 with an average monthly rent of $1,175.
How much are larger Three and Four Bedroom Rentals in Franklin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Franklin range from $1,100 to $1,295, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $2,250. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $1,640.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.