Cheap Apartments for Rent in Franklin, MI from $700 (20 Rentals)

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

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Imperial Apartments
Studio to 3 Bedroom Apartments

Imperial Apartments

27600 Franklin RdSouthfield, MI 48034
  • Utilities Included
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Parc on 12
1 to 2 Bedroom Apartments

Parc on 12

24710 W 12 Mile RdSouthfield, MI 48034

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Pebble Creek
1 to 3 Bedroom Apartments

Pebble Creek

28600 Pebblecreek PkySouthfield, MI 48034
  • Utilities Included
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Twyckingham Valley
1 to 2 Bedroom Apartments

Twyckingham Valley

22277 W 12 Mile RdSouthfield, MI 48034
  • Utilities Included
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Wakefield Apartments
2 to 3 Bedroom Apartments

Wakefield Apartments

29090 Tiffany Dr ESouthfield, MI 48034
  • Utilities Included

Franklin, MI Local Guide

Cheapest Available Franklin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Franklin, MI is a 1 Bed unit found at Regal Towers in the Woodcreek neighborhood priced from $799. Parc on 12 in the Northwestern Highway neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Regal Towers1 Bedroom1BR,1BA$799
Parc on 12Nelson - Edward1BR,1BA$880
Imperial Apartments1 Bedroom1BR,1BA$899
The Lakes2 Bed 1 Bath2BR,1BA$990
The FranklinStudio - AStudio,1BA$1,005

Best Value Apartments for Rent in Franklin, MI and Nearby

As of September 08, 2025 the best value apartment in the Franklin area is the $1.21 price per square foot The Arlington Model at Edge At Farmington Hills in the in the Woodcreek neighborhood starting from $2,025. The second greatest value Franklin apartment is the 2 Bed 2 Bath - 1400 sf Model at Glens of Bloomfield starting at $1,900 with a $1.36 price per square foot in the Northwestern Highway neighborhood. 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.
Edge At Farmington HillsThe Arlington2BR,2BA$1.21
Glens of Bloomfield2 Bed 2 Bath - 1400 sf2BR,2BA$1.36
Lancaster HillsBolingbroke2BR,2BA$1.36
STRAWBERRY LANE APARTMENTSASPEN 32BR,2BA$1.17
Franklin River Apartments2 BC2BR,2BA$1.25
The Lakes2 BED 2 BATH CLUBHSE2BR,2BA$1.42
Pebble Creek3 Bed 2 Bath3BR,2BA$1.24
The PinesOne Bedroom1BR,1BA$1.26
The Addison at SouthfieldA11BR,1BA$1.42
Regal Towers1 Bedroom1BR,1BA$1.21

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

Explore Franklin, MI Rentals by Map

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Getting Around Franklin, MI

Walk Score®

54 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $799 at Regal Towers.

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 $959 at Regal Towers.

What is the most affordable Franklin Three Bedroom Apartment?

The best deal on a cheap Franklin Three Bedroom Apartment rental is at Pebble Creek and starts from $1,470.

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.

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A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent

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I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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