
Cheap Homes for Rent in Franklin, MD from $500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.


113-113 Blackwater Ave

623 Columbia Ave
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.

623 Columbia Ave

24 Hill St

16303 Clarysville Rd SW
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.

115 E Main St
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 | $998 | $615 | $1,750 |
Franklin 3 Bedroom Homes for Rent | $1,689 | $995 | $2,495 |
Franklin 4 Bedroom Homes for Rent | $2,300 | $1,200 | $3,850 |
Franklin 5 Bedroom Homes for Rent | $1,100 | $1,100 | $1,100 |
Franklin 6 Bedroom Homes for Rent | $1,025 | $1,025 | $1,025 |
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 Bayberry Place priced from $664. Greene Gables has the second lowest priced unit, which is a 2 Beds apartment currently listed from $807. Here is today’s list of the most affordable Franklin apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Bayberry Place | 1 Bedroom Unit | 1BR,1BA | $664 |
Greene Gables | 2 Bedroom | 2BR,1BA | $807 |
Meridian Point | 1 BR | 1BR,1BA | $900 |
Best Value Apartments for Rent in Franklin, MD and Nearby
As of August 28, 2025 the best value apartment in the Franklin area is the $0.80 price per square foot 424 N Mechanic St Model at 424 N Mechanic St, Unit 2 in the in the West Side neighborhood starting from $1,200. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
424 N Mechanic St, Unit 2 | 424 N Mechanic St | 3BR,1BA | $0.80 |
418 N Mechanic St, Unit C | 418 N Mechanic St | 3BR,1BA | $0.86 |
Yellowbud Place | 3 Bedroom Unit | 3BR,1.5BA | $0.75 |
128 N Gallatin Ave, Unit A | 128 N Gallatin Ave | 2BR,1BA | $0.70 |
27 E Kerr St, Unit A | 27 E Kerr St | 1BR,1BA | $0.66 |
Magnolia Greene | 2 Bedroom | 2BR,1BA | $1.19 |
64 W Askren St, Unit 64 | 64 W Askren St | 2BR,1BA | $0.75 |
Bayberry Place | 2 Bedroom Unit | 2BR,1BA | $0.89 |
Greene Gables | 2 Bedroom | 2BR,1BA | $0.90 |
84 Bowery St, Unit 1 | 84 Bowery St | 2BR,1BA | $1.14 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 42 Apartments for Rent in Franklin, MD with pricing that ranges from $640 to $1,800. There are also 36 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 $1,313.
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 $1,095 to $1,295, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $2,495. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $1,050.
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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.