
Cheap Homes for Rent in Franklin, ME from $600 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.


55 Davis St

12 Linkin Park
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.

20 Bearberry Rd

23 Elm St

1337 Hammond St

72 Pier St

117 Park St

18 River City Dr
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.
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 | $1,810 | $1,100 | $2,600 |
| Franklin 3 Bedroom Homes for Rent | $2,182 | $1,350 | $4,100 |
| Franklin 4 Bedroom Homes for Rent | $1,625 | $1,350 | $1,900 |
| Franklin 5 Bedroom Homes for Rent | $2,850 | $2,850 | $2,850 |
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 25 Austin Dr priced from $995. Mayo Mill has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,122. Here is today’s list of the most affordable Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 25 Austin Dr | 50 Ft | 2BR,1BA | $995 |
| Mayo Mill | 2BR | 2BR,2BA | $1,122 |
| Cedarwoods Apartments | 2 Bedroom (units 9-64) | 2BR,1BA | $1,350 |
| Old County Estates | Apartment | 2BR,1BA | $1,450 |
| Pinewood Apartments | Pinewood Apartments | 2BR,1BA | $1,650 |
Best Value Apartments for Rent in Franklin, ME and Nearby
As of December 08, 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 $789 with a $0.66 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 | $0.66 |
| Pinewood Apartments | Pinewood Apartments | 2BR,1.5BA | $1.38 |
| 160 Birch St, Unit Sunny,warm | 160 Birch St | 2BR,1.5BA | $1.50 |
| Orchard Trails | 4x2 | 4BR,2BA | $0.62 |
| 103 US Route 1, Unit #3upstairsunit | 103 US Route 1 | 2BR,1BA | $1.55 |
| 826 State St, Unit 826 | 826 State St | 2BR,1BA | $1.63 |
| 10 Colby Way, Unit C | 10 Colby Way | 2BR,1BA | $1.70 |
| Old County Estates | Apartment | 2BR,1BA | $1.61 |
| 25 Austin Dr | 60 Ft | 2BR,1BA | $1.35 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 Franklin
What type of rentals are currently available in Franklin?
There are currently 40 Apartments for Rent in Franklin, ME with pricing that ranges from $689 to $3,425. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $600 to $4,800.
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 $600 to $4,800 with an average monthly rent of $2,151.
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 $855 to $2,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $4,100. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $689.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.


