
Cheap Apartments for Rent in Franklin, ME from $600 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin.


160 Birch St

Bradford Commons

147 Grove St, Unit Apt 2

Total Monthly Price
16 Grove St, Unit Nearby Bangor Hospitals

Total Monthly Price
47 Hill St

17 George St

Total Monthly Price
10 Lincoln St, Unit Apt B

99 State St
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.

Total Monthly Price
1374 Bucksport Rd

9 Moosehead Trail Hwy, Unit 1F

Total Monthly Price
5 Washington St, Unit 2

Total Monthly Price
166 Essex St, Unit A

Cedarwoods Apartments

71 Pine St

Stillwater Village Apartments

Total Monthly Price
27 Howard St, Unit Brick/ Green Room + Green Bath

Total Monthly Price
317 S Main St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

27 Howard St, Unit Green Room + Tan Bath

Mayo Mill

34 Chamberlain St

10 Acorn Way

24 Pleasant St

Total Monthly Price
313 River Rd, Unit 1

95 Park Street Apartments

The Block

Old County Estates
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

54 Main St

74 Mill St

283 Union St

25 Austin Dr

1337 Hammond St

26 Brooklyn Heights Rd

324 E Newport Rd

240 Pine St

48 Hemlock St
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.

Pinewood Apartments

Alfond Village
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 | $1,000 | $1,000 | $1,000 |
| Franklin 1 Bedroom Apartments | $1,463 | $1,100 | $1,950 |
| Franklin 2 Bedroom Apartments | $1,752 | $1,000 | $3,000 |
| Franklin 3 Bedroom Apartments | $1,970 | $1,600 | $2,650 |
| Franklin 4 Bedroom Apartments | $724 | $689 | $759 |
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 1 Bed unit found at Stillwater Village Apartments priced from $1,400. Cedarwoods Apartments in the Downtown Bangor neighborhood has the second lowest priced unit, which is a 2 Beds 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 |
|---|---|---|---|
| Stillwater Village Apartments | 1x1 650 | 1BR,1BA | $1,400 |
| Cedarwoods Apartments | 2 Bedroom (units 65-88) | 2BR,1BA | $1,400 |
| 95 Park Street Apartments | Two Bedroom | 2BR,1BA | $1,675 |
| The Block | Renovated | 2BR,1BA | $1,680 |
| Old County Estates | Apartment | 2BR,1BA | $1,695 |
| 74 Mill St | 1-Bedroom | 1BR,2BA | $1,700 |
Best Value Apartments for Rent in Franklin, ME and Nearby
As of June 20, 2026 the best value apartment in the Franklin area is the $0.61 price per square foot 16 Grove St Model at 16 Grove St, Unit Nearby Bangor Hospitals in the in the Downtown Bangor neighborhood starting from $1,100. The second greatest value Franklin apartment is the Renovated Model at The Block starting at $1,680 with a $1.12 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. |
|---|---|---|---|
| 16 Grove St, Unit Nearby Bangor Hospitals | 16 Grove St | 1BR,1BA | $0.61 |
| The Block | Renovated | 2BR,1BA | $1.12 |
| 42 Applehead Way, Unit Applehead | 42 Applehead Way | 2BR,1.5BA | $1.18 |
| 46 Dillingham St, Unit 46 Dillingham | 46 Dillingham St | 3BR,1BA | $1.54 |
| The Reserve at Orono | 3 Bedroom, 3 Bath | 3BR,3BA | $0.61 |
| Orchard Trails | 4x2 | 4BR,2BA | $0.62 |
| Old County Estates | Apartment | 2BR,1.5BA | $1.54 |
| Exchange Block | 1BR/1.0BA | 1BR,1BA | $2.17 |
| 95 Park Street Apartments | Two Bedroom | 2BR,1BA | $1.97 |
| Cedarwoods Apartments | 2 Bedroom (units 65-88) | 2BR,1BA | $1.72 |
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!
Explore Franklin, ME Rentals by Map
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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.