
Apartments for Rent in Franklin, MI Under $1,500 (34 Rentals)


Maple Place Apartments

Regal Towers

Retreat at Farmington

Carnegie Park Apartments

Lancaster Hills

Franklin River Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

The Lakes

Park at Franklin Senior Living

Claymoor Luxury Apartments

The Franklin
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

12 North

Oak Ridge

The Addison at Southfield

Woodcrest Apartments

Pine Aire

27598 Echo Valley E

27598 Echo Valley W

21771 Hidden Rivers Dr N

27689 Echo Valley E

30042 W 12 Mile Rd
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.

20759 Seminole

24056 Middlebelt Rd

25555 Lahser Rd

1177 Chapin Ave
Check Out Detroit’s Best Affordable Neighborhoods
Learn about Detroit and the best places to live with original content written by our Local Expert Tim Brown
Franklin, MI Local Guide

How much does it cost to rent an apartment in Franklin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Franklin Studio Apartments | $1,020 | $800 | $1,450 |
Franklin 1 Bedroom Apartments | $1,228 | $829 | $1,706 |
Franklin 2 Bedroom Apartments | $1,670 | $1,014 | $3,000 |
Franklin 3 Bedroom Apartments | $2,586 | $1,429 | $10,000+ |
Franklin 4 Bedroom Apartments | $3,235 | $2,250 | $4,500 |
Browse Top Apartments in Franklin
See all Apartments in FranklinExplore Franklin
Franklin, MI Local Guide
- Franklin Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick 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.
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Franklin
What is the current price range for One Bedroom Franklin Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Franklin ranges from $829 to $1,706 with an average monthly rent of $1,228.
What does renting a Two Bedroom Apartment in Franklin cost?
The monthly rent prices of Two Bedroom Apartments currently available in Franklin range from $1,014 to $3,000. Today's average rental price for Two Bedrooms here is $1,670.
How expensive are Franklin Three Bedroom Apartments?
There are currently 17 Three Bedroom Apartments listings available in Franklin on ApartmentHomeLiving.com. The pricing ranges from $1,429 to $10,000 - averaging $2,586 for the location.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.