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$800 - $1,060Studio to 2 Bedroom Apartments Available Now
Oak Ridge
26717 Berg RdSouthfield, MI 48033
Cheap Apartments for Rent near Franklin, MI from $800 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin.
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$849 - $1,4111 to 3 Bedroom Apartments Available Now
Regal Towers
27000-27600 Franklin RdSouthfield, MI 48034
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$900 - $1,500Studio to 2 Bedroom Apartments Available Soon
12 North
25701 W 12 Mile RdSouthfield, MI 48034
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$915 - $1,500Studio to 3 Bedroom Apartments Available Now
Pine Aire
26090 W 12 Mile RdSouthfield, MI 48034
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$1,005 - $1,496Studio to 2 Bedroom Apartments Available Now
The Franklin
28675 Franklin RdSouthfield, MI 48034
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$1,015 - $1,6651 to 3 Bedroom Apartments Available Now
Parc on 12
28350 Lockdale StSouthfield, MI 48034
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$1,0551 Bedroom Apartments Available Now
The Pines
29500 Franklin RdSouthfield, MI 48034
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Rent Specials
$1,085 - $2,285Studio to 3 Bedroom Apartments Available Now
The Lakes
25500 W 12 Mile RdSouthfield, MI 48034
Exploring Metro Detroit: A Neighborhood-by-Neighborhood Rental Guide
Looking for an apartment near Detroit? Our local expert guides you through 12 of Metro Detroit's best communities across four distinct corridors to help you find the perfect fit.
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Rent Specials
$1,105 - $1,5241 to 3 Bedroom Apartments Available Now
Pebble Creek
28600 Pebblecreek PkySouthfield, MI 48034
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$1,110 - $1,2301 to 2 Bedroom Apartments Available Now
Woodcrest Apartments
23638 Civic Center DrSouthfield, MI 48033
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$1,256 - $3,908
Total Monthly Price
Base Rent$1,256 - $3,908
Total Monthly Price$1,256 - $3,908
The Addison at Southfield
26300 Berg RdSouthfield, MI 48033
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$1,309 - $3,6691 to 3 Bedroom Apartments Available Now
ReNew Franklin Hills
28509 Franklin RdSouthfield, MI 48034
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$1,375 - $1,775
Total Monthly Price
Base Rent$1,375 - $1,775
Total Monthly Price$1,375 - $1,775
Franklin River Apartments
28733 Franklin River DrSouthfield, MI 48034
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$1,439 - $1,6891 to 2 Bedroom Apartments Available Now
Retreat at Farmington Hills
27517 E Gateway DrFarmington Hills, MI 48334
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$1,475 - $1,9651 to 2 Bedroom Apartments Available Now
Carnegie Park Apartments
26601 W Carnegie Park DrSouthfield, MI 48034
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$1,550 - $3,600Studio to 4 Bedroom Apartments Available Now
Claymoor Luxury Apartments
29260 Franklin RdSouthfield, MI 48034
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$1,5502 Bedroom Apartments Available Oct 30
STRAWBERRY LANE APARTMENTS
27466 Strawberry LnFarmington Hills, MI 48334
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$1,560 - $3,1422 to 3 Bedroom Apartments Available Now
Lancaster Hills
29235 Lancaster DrSouthfield, MI 48034
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$1,609 - $2,1701 to 2 Bedroom Apartments Available Now
Whethersfield Apartments
5710 Whethersfield LnBloomfield Hills, MI 48301
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1 to 2 Bedroom Apartments
Park at Franklin Senior Living
28301 Franklin RdSouthfield, MI 48034
19800 W 12 Mile Rd
SouthfieldMI48076
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Studio to 3 Bedroom Apartments
Imperial Apartments
27600 Franklin RdSouthfield, MI 48034
24056 Middlebelt Rd
Farmington HillsMI48336
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1 to 2 Bedroom Apartments
Parc on 12
24710 W 12 Mile RdSouthfield, MI 48034
Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers
Explore the best residential neighborhoods and apartment options near major employers like GM, Ford, Stellantis, Rocket Companies, and Corewell Health. Find your perfect Motor City home.
30276 Southfield Rd
SouthfieldMI48076
30515 W 14 Mile Rd
Farmington HillsMI48334
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2 to 3 Bedroom Apartments
Wakefield Apartments
29090 Tiffany Dr ESouthfield, MI 48034
19639 W 12 Mile Rd
SouthfieldMI48076
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1 Bedroom Apartments
14 Mile Condo 80
30475 W 14 MILEFarmington Hills, MI 48334
30042 W 12 Mile Rd
Farmington HillsMI48334
27915 Berrywood Ln
Farmington HillsMI48334
27689 Echo Valley W
Farmington HillsMI48334
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.
27860 Berrywood Ln
Farmington HillsMI48334
5000 Town Center
SouthfieldMI48075
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Franklin, MI Local Guide
Downtown Franklin by Traveler100 is licensed under CC BY-SA 3.0
How much does it cost to rent an apartment in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Studio Apartments | $1,044 | $800 | $1,550 |
| Franklin 1 Bedroom Apartments | $1,311 | $899 | $1,750 |
| Franklin 2 Bedroom Apartments | $1,655 | $1,015 | $3,079 |
| Franklin 3 Bedroom Apartments | $2,205 | $1,099 | $3,669 |
| Franklin 4 Bedroom Apartments | $3,600 | $3,600 | $3,600 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Franklin, MI Local Guide
- Franklin Neighborhoods
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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. Regal Towers in the Southfield neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $849. Here is today’s list of the most affordable Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Ridge | Studio | Studio,1BA | $800 |
| Regal Towers | 1 Bedroom | 1BR,1BA | $849 |
| Pine Aire | Studio | Studio,1BA | $915 |
| The Franklin | Studio - A | Studio,1BA | $1,005 |
| Parc on 12 | Nelson - Edward | 1BR,1BA | $1,015 |
| The Pines | One Bedroom | 1BR,1BA | $1,055 |
| Pebble Creek | 1 Bed 1 Bath | 1BR,1BA | $1,105 |
| Woodcrest Apartments | 1 Bedroom / 1 Bath lower | 1BR,1BA | $1,110 |
| The Lakes | 2 BED 1 BATH STYLE C | 2BR,1BA | $1,255 |
| The Addison at Southfield | A1 | 1BR,1BA | $1,256 |
Best Value Apartments for Rent in Franklin, MI and Nearby
As of September 11, 2026 the best value apartment in the Franklin area is the $1.22 price per square foot Woodville Model at Lancaster Hills in the in the Southfield neighborhood starting from $1,710. The second greatest value Franklin apartment is the Two Bedroom Model at Claymoor Luxury Apartments starting at $2,150 with a $1.65 price per square foot in the Southfield neighborhood. 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. |
|---|---|---|---|
| Lancaster Hills | Woodville | 2BR,2BA | $1.22 |
| Claymoor Luxury Apartments | Two Bedroom | 2BR,2BA | $1.65 |
| Carnegie Park Apartments | C1 Renovated | 2BR,2BA | $1.49 |
| Franklin River Apartments | 1BR | 1BR,1BA | $1.61 |
| Regal Towers | 1 Bedroom | 1BR,1BA | $1.01 |
| The Pines | One Bedroom | 1BR,1BA | $1.26 |
| Woodcrest Apartments | 1 Bedroom / 1 Bath upper | 1BR,1BA | $1.35 |
| Pebble Creek | 1 Bed 1 Bath | 1BR,1BA | $1.36 |
| The Lakes | 1 BED 1 BATH STYLE B | 1BR,1BA | $1.64 |
| The Franklin | Studio - A | Studio ,1BA | $1.60 |
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.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleThe 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
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.
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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 $849 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 $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 Pine Aire and starts from $1,450.
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.
Helpful Local Expert Guides
Exploring Metro Detroit: A Neighborhood-by-Neighborhood Rental Guide
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Metro Detroit. As covered in other articles, the City of Detroit has much to offer to renters.
Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers
Written by: Tim Brown
The auto industry remains the largest employment sector in the Motor City and surrounding communities, though the metro area has a significant presence in other sectors, including medical and financial services.
The Detroit Insider's Renting Guide: A Locals Look Under the Hood of Motown
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s and have witnessed the city and its surrounding metro area undergo a renaissance.
The Best Detroit Area Neighborhoods for Off-Campus Housing Renters
Written by: Tim Brown
Detroit is an exciting and vibrant city with many educational and employment opportunities, and many neighborhoods to choose from while attending school.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.