Cheap Apartments for Rent in Franklin, ME from $900 (32 Rentals)

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

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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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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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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-32, Page 1 of 1

Franklin, ME Local Guide

Cheapest Available Franklin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Franklin, ME is a 2 Beds unit found at Mayo Mill priced from $1,122. Cedarwoods Apartments in the Downtown Bangor neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,375. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mayo Mill2BR2BR,2BA$1,122
Cedarwoods Apartments2 Bedroom (units 65-88)2BR,1BA$1,375
Tower 991 bed1BR,1BA$2,000

Best Value Apartments for Rent in Franklin, ME and Nearby

As of June 26, 2025 the best value apartment in the Franklin area is the $1.34 price per square foot B112 Model at Mayo Mill in the starting from $1,675. The second greatest value Franklin apartment is the 3 Bedroom, 3 Bath Model at The Reserve at Orono starting at $799 with a $0.67 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.
Mayo MillB1122BR,1BA$1.34
The Reserve at Orono3 Bedroom, 3 Bath3BR,3BA$0.67
313 River Rd, Unit 2313 River Rd2BR,1BA$1.91
Cedarwoods Apartments2 Bedroom (units 89-112)2BR,1BA$1.75
Tower 991 bed1BR,1BA$2.67
27 Howard St, Unit Green Room + Tan Bath27 Howard St1BR,1BA$4.29
27 Howard St, Unit Brick/ Green Room + Green Bath27 Howard St1BR,1BA$4.29

Quick Rent Budget Calculator

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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, ME

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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 $2,000 at Tower 99.

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 $1,122 at Mayo Mill.

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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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.

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

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.