Cheap Apartments for Rent in Franklin, ME from $759 (39 Rentals)

How Many Bedrooms?Done
Price OptionsDone
Price Range
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 33 E Summer St
$1,000 - $1,200
1 Bedroom Rentals
Available Now
Furnished

33 E Summer St

BangorME04401
  • Smoke Free
property at 79 2nd St
$1,300 - $1,600
1 To 2 Bedroom Rentals
Available Now

79 2nd St

BangorME04401

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.

Read Article

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.

Read Article
property at 43 Moonlight Dr
$1,495

Total Monthly Price

Base Rent$1,495
Total Monthly Price$1,495
2 Bedroom, 1 Bath Home for Rent
Available Nov 1

43 Moonlight Dr

HoldenME04429

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.

Read Article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article
Showing Results 1-39, 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 Cedarwoods Apartments in the Downtown Bangor neighborhood priced from $1,350. 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 ListingModel NameBed/BathPriced From
Cedarwoods Apartments2 Bedroom (units 1-8)2BR, 1BA$1,350
Stillwater Village Apartments1x1 6501BR, 1BA$1,400
Mayo Mill1BR1BR, 1BA$1,435
Triangle Apartments12BR, 1BA$1,500
Exchange BlockStudioStudio, 1BA$1,650
Pinewood ApartmentsPinewood Apartments2BR, 1BA$1,800
Old County EstatesApartment2BR, 1BA$1,800

Best Value Apartments for Rent in Franklin, ME and Nearby

As of September 19, 2026 the best value apartment in the Franklin area is the $1.16 price per square foot 37 Pine St Model at 37 Pine St, Unit 37 Pine Street starting from $2,095. The second greatest value Franklin apartment is the C3 Model at Acadia Heights starting at $885 with a $0.63 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.
37 Pine St, Unit 37 Pine Street37 Pine St3BR, 1.5BA$1.16
Acadia HeightsC33BR, 3.5BA$0.63
The Reserve at Orono3 Bedroom, 3 Bath3BR, 3BA$0.62
Pinewood ApartmentsPinewood Apartments2BR, 1.5BA$1.50
Orchard Trails4x24BR, 2BA$0.68
Old County EstatesApartment2BR, 1.5BA$1.64
Exchange Block1BR/1.0BA1BR, 1BA$1.95
Triangle Apartments12BR, 1BA$1.67
Mayo Mill1BR1BR, 1BA$1.83
Cedarwoods Apartments2 Bedroom (units 1-8)2BR, 1BA$1.80

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 Article
Decorative image

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.

Read Article

Real 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 Article
Decorative image

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Franklin, ME Rentals by Map

Decorative image of map

See the most popular apartments and homes in Franklin, ME

View Map
Franklin, ME Apartments Map
View Map
Franklin, ME Rental Homes Map

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 $1,350 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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.