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$800 - $1,060Studio to 2 Bedroom Apartments Available Now
Oak Ridge
26717 Berg RdSouthfield, MI 48033
Cheap Apartments for Rent in Franklin, MI from $800 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin.
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$819 - $1,5991 to 3 Bedroom Apartments Available Now
Regal Towers
27000-27600 Franklin RdSouthfield, MI 48034
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$825 - $1,200Studio to 2 Bedroom Apartments Available Now
The Pines
29500 Franklin RdSouthfield, MI 48034
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$875 - $1,6151 to 3 Bedroom Apartments Available Now
Parc on 12
28350 Lockdale StSouthfield, MI 48034
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$900 - $1,500Studio to 2 Bedroom Apartments Contact Us For Availability
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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$999 - $1,9251 to 2 Bedroom Apartments Contact Us For Availability
Park at Franklin Senior Living
28301 Franklin RdSouthfield, MI 48034
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.
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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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$1,010 - $2,285Studio to 3 Bedroom Apartments Available Now
The Lakes
25500 W 12 Mile RdSouthfield, MI 48034
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$1,109 - $1,6991 to 3 Bedroom Apartments Available Now
Retreat at Farmington
27517 E Gateway DrFarmington Hills, MI 48334
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$1,109 - $2,4181 to 2 Bedroom Apartments Available Now
The Addison at Southfield
26300 Berg RdSouthfield, MI 48033
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$1,110 - $1,2301 to 2 Bedroom Apartments Available Now
Woodcrest Apartments
23638 Civic Center DrSouthfield, MI 48033
30052 W 12 Mile Rd, Unit 65
30052 W 12 Mile Rd
Farmington HillsMI48334
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$1,284 - $1,7391 to 2 Bedroom Apartments Available Now
Franklin River Apartments
28733 Franklin River DrSouthfield, MI 48034
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.
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$1,289 - $4,0891 to 3 Bedroom Apartments Available Now
ReNew Franklin Hills
28509 Franklin RdSouthfield, MI 48034
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$1,301 - $1,8321 to 2 Bedroom Apartments Available Now
Village Club on Franklin
27525 Franklin RdSouthfield, MI 48034
25835 Lahser Rd
SouthfieldMI48033
1820 Axtell Dr
TroyMI48084
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Studio to 3 Bedroom Apartments
Imperial Apartments
27600 Franklin RdSouthfield, MI 48034
353 South Blvd W
PontiacMI48341
10000 W Nine Mile Rd
Oak ParkMI48237
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.
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1 to 2 Bedroom Apartments
Parc on 12
24710 W 12 Mile RdSouthfield, MI 48034
19934 Rosemont Ave
DetroitMI48219
19810 W 12 Mile Rd
SouthfieldMI48076
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1 to 3 Bedroom Apartments
Pebble Creek
28600 Pebblecreek PkySouthfield, MI 48034
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Wakefield Apartments
29090 Tiffany Dr ESouthfield, MI 48034
30445 W 14 Mile Rd
Farmington HillsMI48334
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Twyckingham Valley
22277 W 12 Mile RdSouthfield, MI 48034
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.
Showing Results 1-28, Page 1 of 1
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 | $1,039 | $800 | $1,850 |
| Franklin 1 Bedroom Apartments | $1,294 | $819 | $2,000 |
| Franklin 2 Bedroom Apartments | $1,678 | $1,015 | $3,959 |
| Franklin 3 Bedroom Apartments | $2,259 | $1,299 | $4,089 |
| Franklin 4 Bedroom Apartments | $3,092 | $2,435 | $3,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Franklin
See all Apartments in FranklinExplore Franklin
Franklin, MI Local Guide
- Franklin Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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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 West Side neighborhood priced from $800. Regal Towers in the Woodcreek neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $819. 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 | $819 |
| The Pines | Studio | Studio,1BA | $825 |
| Parc on 12 | Nelson - Edward | 1BR,1BA | $875 |
| Pine Aire | Studio | Studio,1BA | $915 |
| The Franklin | Studio - A | Studio,1BA | $1,005 |
| The Lakes | 2 Bed 1 Bath | 2BR,1BA | $1,010 |
| Retreat at Farmington | Tidewater | 1BR,1BA | $1,109 |
| The Addison at Southfield | A1 | 1BR,1BA | $1,109 |
| Woodcrest Apartments | 1 Bedroom / 1 Bath lower | 1BR,1BA | $1,110 |
Best Value Apartments for Rent in Franklin, MI and Nearby
As of March 12, 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 Woodville Model at Lancaster Hills starting at $1,825 with a $1.30 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Edge At Farmington Hills - Farmington Hills, MI | The Charleston | 2BR,2BA | $1.37 |
| Lancaster Hills | Woodville | 2BR,2BA | $1.30 |
| Glens of Bloomfield | 2 Bed 2 Bath - 1400 sf | 2BR,2BA | $1.21 |
| Colony Park Apartments | The Cheshire (2BR / 2BA) | 2BR,2BA | $1.31 |
| Regal Towers | 3 Bedroom | 3BR,2BA | $1.13 |
| Retreat at Farmington | Watercrest | 2BR,1BA | $1.33 |
| Franklin River Apartments | 1B | 1BR,1BA | $1.34 |
| Woodcrest Apartments | 1 Bedroom / 1 Bath upper | 1BR,1BA | $1.35 |
| The Addison at Southfield | A1 | 1BR,1BA | $1.48 |
| Parc on 12 | Nelson - Edward | 1BR,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.
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The 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 ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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
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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 $819 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 Regal Towers and starts from $1,299.
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
A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent
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.
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.
The Detroit Insiders 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.
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.
Articles, How-To's, and Tips
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.