
Cheap Homes for Rent in Franklin, MI from $1,100 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.


31993 W 12 Mile Rd

30028 W 12 Mile Rd

30272 Southfield Rd

27654 Echo Valley W
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.

30042 W 12 Mile Rd

27689 Echo Valley E

27689 Echo Valley W

27654 Echo Valley E
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.

29870 W 12 Mile Rd

21771 Fairway Dr

29711 Pendleton Club Dr
Cash 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.

6660 W Dartmoor Rd

26716 Summerdale Dr

18171 Kilbirnie Ave
Franklin, MI Local Guide

How much does it cost to rent a home in Franklin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Franklin 2 Bedroom Homes for Rent | $2,070 | $1,150 | $3,500 |
Franklin 3 Bedroom Homes for Rent | $3,770 | $1,700 | $9,500 |
Franklin 4 Bedroom Homes for Rent | $3,713 | $2,250 | $7,000 |
Franklin 5 Bedroom Homes for Rent | $8,500 | $8,500 | $8,500 |
Browse Top Homes for Rent in Franklin
Explore Franklin
Franklin, MI Local Guide
- Franklin Neighborhoods
- Nearby Cities
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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 $860. Here is today’s list of the most affordable Franklin apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Regal Towers | 1 Bedroom | 1BR,1BA | $799 |
Parc on 12 | Nelson - Edward | 1BR,1BA | $860 |
The Lakes | STUDIO | Studio,1BA | $940 |
The Franklin | Studio - A | Studio,1BA | $1,005 |
The Pines | One Bedroom | 1BR,1BA | $1,055 |
Best Value Apartments for Rent in Franklin, MI and Nearby
As of August 16, 2025 the best value apartment in the Franklin area is the $1.17 price per square foot 3 Bed 2 Bath Model at Glens of Bloomfield in the in the Northwestern Highway neighborhood starting from $2,330. The second greatest value Franklin apartment is the The Arlington Model at Edge At Farmington Hills starting at $1,999 with a $1.19 price per square foot in the Woodcreek 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. |
---|---|---|---|
Glens of Bloomfield | 3 Bed 2 Bath | 3BR,2BA | $1.17 |
Edge At Farmington Hills | The Arlington | 2BR,2BA | $1.19 |
Carnegie Park Apartments | C4 Renovated | 2BR,2BA | $1.43 |
Lancaster Hills | Bolingbroke | 2BR,2BA | $1.27 |
Franklin River Apartments | 2 BC | 2BR,2BA | $1.25 |
Pebble Creek | 3 Bed 2 Bath | 3BR,2BA | $1.24 |
Maple Place Apartments | 1-Bed x 1-Bath Garden Apartment | 1BR,1BA | $1.43 |
The Pines | One Bedroom | 1BR,1BA | $1.26 |
Regal Towers | 1 Bedroom | 1BR,1BA | $1.21 |
Parc on 12 | Nelson - Edward | 1BR,1BA | $1.35 |
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See the most popular apartments and homes in Franklin, MI
Frequently Asked Questions about Franklin
What type of rentals are currently available in Franklin?
There are currently 58 Apartments for Rent in Franklin, MI with pricing that ranges from $799 to $3,500. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $1,150 to $9,500.
What is the current price range for Rental Homes in Franklin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Franklin ranges from $1,150 to $9,500 with an average monthly rent of $3,881.
How much are larger Three and Four Bedroom Rentals in Franklin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Franklin range from $1,299 to $3,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $9,500. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $2,435.
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.