
Cheap Apartments for Rent near Franklin, ME from $700 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin.


Bradford Commons

160 Birch St

380 Hammond St, Unit 3

9 Dexter Rd
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

11 Chapel St

149 Warren St

10 Boardman St

Total Monthly Price
166 Essex St, Unit A

Cedarwoods Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Stillwater Village Apartments

279 Bangor Rd

16 Austin Dr

26 Austin Dr

400 Friendship Rd
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

49 Foster St

1337 Hammond St
Franklin, ME Local Guide

How much does it cost to rent an apartment in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Studio Apartments | $1,216 | $1,000 | $1,650 |
| Franklin 1 Bedroom Apartments | $1,585 | $1,200 | $2,150 |
| Franklin 2 Bedroom Apartments | $1,834 | $1,000 | $3,000 |
| Franklin 3 Bedroom Apartments | $1,810 | $1,550 | $2,300 |
| Franklin 4 Bedroom Apartments | $759 | $759 | $759 |
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Franklin, ME Local Guide
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Cheapest Available Franklin Apartments for Rent and Nearby
 The cheapest available apartment rental in Franklin, ME is a 2 Beds unit found at Cedarwoods Apartments in the Downtown Bangor neighborhood priced from $1,375. Stillwater Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. Here is today’s list of the most affordable Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cedarwoods Apartments | 2 Bedroom (units 9-64) | 2BR,1BA | $1,375 |
| Stillwater Village Apartments | 1x1 650 | 1BR,1BA | $1,400 |
| Triangle Apartments | 1 | 2BR,1BA | $1,500 |
| Exchange Block | Studio | Studio,1BA | $1,650 |
| 95 Park Street | 2 Bedroom | 2BR,1BA | $1,675 |
Best Value Apartments for Rent in Franklin, ME and Nearby
As of August 05, 2026 the best value apartment in the Franklin area is the $1.64 price per square foot 46 Dillingham St Model at 46 Dillingham St, Unit 46 Dillingham in the in the Downtown Bangor neighborhood starting from $2,300. The second greatest value Franklin apartment is the 117 Park St Model at 117 Park St, Unit Unit B starting at $1,900 with a $1.46 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. |
|---|---|---|---|
| 46 Dillingham St, Unit 46 Dillingham | 46 Dillingham St | 3BR,1BA | $1.64 |
| 117 Park St, Unit Unit B | 117 Park St | 3BR,1BA | $1.46 |
| The Reserve at Orono | 3 Bedroom, 3 Bath | 3BR,3BA | $0.62 |
| Old County Estates | Apartment | 2BR,1.5BA | $1.54 |
| 185 School St, Unit 185 School Street | 185 School St | 2BR,1.5BA | $1.70 |
| 313 River Rd | 313 River Rd | 2BR,1BA | $1.78 |
| Triangle Apartments | 1 | 2BR,1BA | $1.67 |
| Cedarwoods Apartments | 2 Bedroom (units 89-112) | 2BR,1BA | $1.78 |
| 22 Middle St, Unit #2 | 22 Middle St | 3BR,1BA | $2.18 |
| Stillwater Village Apartments | 1x1 650 | 1BR,1BA | $2.23 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Franklin, ME
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 $1,400 at Stillwater Village Apartments.
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 $1,375 at Cedarwoods Apartments.
What is the most affordable Franklin Three Bedroom Apartment?
The best deal on a cheap Franklin Three Bedroom Apartment rental is at Stillwater Village Apartments and starts from $1,800.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.