Cheap Homes for Rent in Franklin, ME from $900 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.

7 Elm St

1 Goodwin Lp
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.

1343 Ohio St

78 Cram St
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.

9 Boulder Dr

797 Stillwater Ave

3 Bearberry Rd
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.

168 A St

1337 Hammond St
Franklin, ME Local Guide

How much does it cost to rent a home in Franklin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Franklin 2 Bedroom Homes for Rent | $8,852 | $1,000 | $10,000+ |
Franklin 3 Bedroom Homes for Rent | $2,023 | $950 | $3,000 |
Franklin 4 Bedroom Homes for Rent | $10,166 | $2,500 | $10,000+ |
Franklin 5 Bedroom Homes for Rent | $3,400 | $2,000 | $5,200 |
Franklin 6 Bedroom Homes for Rent | $2,998 | $2,998 | $2,998 |
Browse Top Homes for Rent in Franklin
Explore Franklin
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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Mayo Mill | 2BR | 2BR,2BA | $1,122 |
Cedarwoods Apartments | 2 Bedroom (units 65-88) | 2BR,1BA | $1,375 |
Old County Estates | Townhouse | 2BR,1BA | $1,650 |
Tower 99 | 1 bed | 1BR,1BA | $2,000 |
Best Value Apartments for Rent in Franklin, ME and Nearby
As of July 16, 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 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 | $0.67 |
Orchard Trails | 4x2 | 4BR,2BA | $0.57 |
Old County Estates | Townhouse | 2BR,1.5BA | $1.50 |
313 River Rd, Unit 2 | 313 River Rd | 2BR,1BA | $1.91 |
Cedarwoods Apartments | 2 Bedroom (units 89-112) | 2BR,1BA | $1.75 |
Tower 99 | 1 bed | 1BR,1BA | $2.67 |
27 Howard St, Unit Brick/ Green Room + Green Bath | 27 Howard St | 1BR,1BA | $4.29 |
27 Howard St, Unit Green Room + Tan Bath | 27 Howard St | 1BR,1BA | $4.29 |
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.
Frequently Asked Questions about Franklin
What type of rentals are currently available in Franklin?
There are currently 36 Apartments for Rent in Franklin, ME with pricing that ranges from $640 to $2,800. There are also 88 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $950 to $34,500.
What is the current price range for Rental Homes in Franklin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Franklin ranges from $950 to $34,500 with an average monthly rent of $4,384.
How much are larger Three and Four Bedroom Rentals in Franklin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Franklin range from $1,400 to $2,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $640.
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.

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.

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.

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.

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.