Cheap Apartments for Rent in Franklin, ME from $600 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin.

715 College Ave

198 Center St

145 Essex St

113-115 Jackson St. Apt.

8 Park Rd

1343 Ohio St

58 Sweet Fern Dr

43 Sweet Fern Dr

7 Margin St

7 L St

55 Davis 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 | $890 | $840 | $940 |
Franklin 1 Bedroom Apartments | $1,380 | $975 | $2,975 |
Franklin 2 Bedroom Apartments | $1,529 | $980 | $2,000 |
Franklin 3 Bedroom Apartments | $1,860 | $1,500 | $2,750 |
Franklin 4 Bedroom Apartments | $1,193 | $640 | $2,300 |
Browse Top Apartments in Franklin
See all Apartments in FranklinExplore Franklin
Franklin, ME Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $1,325. Here is today’s list of the most affordable Franklin apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Mayo Mill | 2BR | 2BR,2BA | $1,122 |
Cedarwoods Apartments | 2 Bedroom (units 1-8) | 2BR,1BA | $1,325 |
Old County Estates | Townhouse | 2BR,1BA | $1,650 |
Best Value Apartments for Rent in Franklin, ME and Nearby
As of September 09, 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 $699 with a $0.58 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. |
---|---|---|---|
Mayo Mill | B112 | 2BR,1BA | $1.34 |
The Reserve at Orono | 3 Bedroom, 3 Bath | 3BR,3BA | $0.58 |
45 Mount Hope Ave, Unit 45 | 45 Mount Hope Ave | 2BR,1BA | $1.58 |
Orchard Trails | 4x2 | 4BR,2BA | $0.63 |
Old County Estates | Townhouse | 2BR,1.5BA | $1.50 |
147 State St, Unit 5 | 147 State St | 2BR,1BA | $1.80 |
23 Tibbetts St, Unit Apt 1 | 23 Tibbetts St | 2BR,1BA | $2.22 |
777 Main St, Unit 1 Bedroom Apt | 777 Main St | 1BR,1BA | $1.29 |
313 River Rd, Unit 2 | 313 River Rd | 2BR,1BA | $1.49 |
Cedarwoods Apartments | 2 Bedroom (units 1-8) | 2BR,1BA | $1.77 |
Quick 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!
Explore Franklin, ME Rentals by Map
See the most popular apartments and homes in Franklin, ME
Frequently Asked Questions about Cheap Franklin 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 $1,122 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.

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.

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.