Cheap Apartments for Rent near Franklin, MI from $800 (40 Rentals)

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

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Franklin River Apartments
Rent Specials
$1,225 - $1,785
Total Monthly Price

Total Monthly Price

Base Rent
$1,225 - $1,785
Total Monthly Price
$1,225 - $1,785
1 to 2 Bedroom Apartments Available Now

Franklin River Apartments

28733 Franklin River DrSouthfield, MI 48034
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included

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property at 30042 W 12 Mile Rd

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550
Total Monthly Price
$1,550

2 Bedroom, 2 Bath Condo for Rent

Available Now

30042 W 12 Mile Rd, Unit 56

30042 W 12 Mile Rd
Farmington HillsMI48334

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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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Wakefield Apartments
2 to 3 Bedroom Apartments

Wakefield Apartments

29090 Tiffany Dr ESouthfield, MI 48034
  • Utilities Included

The Detroit Insiders Renting Guide: A Local's Look Under the Hood

Moving to Detroit? Get the local breakdown on affordable rental options, easy commutes, and how to navigate the People Mover and Q-Line downtown.

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14 Mile Condo 80
1 Bedroom Apartments

14 Mile Condo 80

30475 W 14 MILEFarmington Hills, MI 48334

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Showing Results 1-40, Page 1 of 1

Franklin, MI Local Guide

Cheapest Available Franklin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Franklin, MI is a Studio unit found at Oak Ridge in the Southfield neighborhood priced from $800. Pine Aire in the Southfield neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $915. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oak RidgeStudioStudio,1BA$800
Pine AireStudioStudio,1BA$915
Parc on 12Nelson - Edward1BR,1BA$1,000
The FranklinStudio - AStudio,1BA$1,005
Regal Towers2 Bedroom2BR,1BA$1,054
The Lakes2 Bed 1 Bath2BR,1BA$1,055
The PinesOne Bedroom1BR,1BA$1,055
Woodcrest Apartments1 Bedroom / 1 Bath lower1BR,1BA$1,110
The Addison at SouthfieldA11BR,1BA$1,180
Franklin River Apartments1B1BR,1BA$1,225

Best Value Apartments for Rent in Franklin, MI and Nearby

As of July 28, 2026 the best value apartment in the Franklin area is the $1.37 price per square foot The Charleston Model at Edge At Farmington Hills - Farmington Hills, MI in the in the Woodcreek neighborhood starting from $2,500. The second greatest value Franklin apartment is the Malone Model at Glens of Bloomfield starting at $2,155 with a $1.54 price per square foot in the Bloomfield Hills 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 Hills - Farmington Hills, MIThe Charleston2BR,2BA$1.37
Glens of BloomfieldMalone2BR,2BA$1.54
Lancaster HillsWoodville2BR,2BA$1.16
Carnegie Park ApartmentsA2 Renovated1BR,1BA$1.52
Franklin River Apartments1BR1BR,1BA$1.57
Regal Towers2 Bedroom2BR,1BA$1.23
The PinesOne Bedroom1BR,1BA$1.26
Woodcrest Apartments1 Bedroom / 1 Bath upper1BR,1BA$1.35
The Lakes1 BED 1 BATH STYLE A1BR,1BA$1.54
The Addison at SouthfieldA11BR,1BA$1.57

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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The Best Detroit Area Neighborhoods for Off-Campus Housing Renters

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Detroit area for Off-Campus Student Housing. Find your perfect Detroit Student apartment, condo, or rental home today at ApartmentHomeliving.com

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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.

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Remember the 3 Rules of Real Estate:
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Explore Franklin, MI Rentals by Map

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Frequently Asked Questions about Cheap Franklin Apartments

What is the Cheapest Studio apartment in Franklin?

Currently the most affordable Cheap Studio Apartment in Franklin is at Oak Ridge listed at $800.

How much is rent for a Cheap One Bedroom Franklin Apartment?

The lowest price for a Cheap One Bedroom Franklin Apartment is $915 at Oak Ridge.

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 $1,015 at Oak Ridge.

What is the most affordable Franklin Three Bedroom Apartment?

The best deal on a cheap Franklin Three Bedroom Apartment rental is at Regal Towers and starts from $1,349.

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.

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