25555 Lahser Rd
SouthfieldMI48033
Cheap Homes for Rent in Franklin, MI from $1,100 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.
30028 W 12 Mile Rd
Farmington HillsMI48334
19800 W 12 Mile Rd
SouthfieldMI48076
27654 Echo Valley W
Farmington HillsMI48334
27689 Echo Valley W
Farmington HillsMI48334
27654 Echo Valley E
Farmington HillsMI48334
20501 Wakenden St
Redford TownshipMI48240
19639 W 12 Mile Rd
SouthfieldMI48076
27689 Echo Valley W
Farmington HillsMI48334
19609 W 12 Mile Rd
SouthfieldMI48076
Showing Results 1-10, 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 a home in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin 2 Bedroom Homes for Rent | $2,350 | $1,100 | $6,000 |
| Franklin 3 Bedroom Homes for Rent | $2,961 | $1,500 | $9,000 |
| Franklin 4 Bedroom Homes for Rent | $3,501 | $2,200 | $4,990 |
Browse Top Homes for Rent in Franklin
Explore Franklin
Franklin, MI Local Guide
- Franklin Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $840. 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 | $840 |
| The Lakes | 2 Bed 1 Bath | 2BR,1BA | $1,000 |
Best Value Apartments for Rent in Franklin, MI and Nearby
As of October 15, 2025 the best value apartment in the Franklin area is the $1.37 price per square foot The Charleston Model at Edge At Farmington Hills in the in the Woodcreek neighborhood starting from $2,500. The second greatest value Franklin apartment is the 2 Bed 2 Bath - 1400 sf Model at Glens of Bloomfield starting at $1,890 with a $1.35 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 | The Charleston | 2BR,2BA | $1.37 |
| Glens of Bloomfield | 2 Bed 2 Bath - 1400 sf | 2BR,2BA | $1.35 |
| Lancaster Hills | Bolingbroke | 2BR,2BA | $1.36 |
| Colony Park Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.31 |
| Pebble Creek | 3 Bed 2 Bath | 3BR,2BA | $1.24 |
| Franklin River Apartments | 1B | 1BR,1BA | $1.20 |
| 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 | $1.29 |
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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 57 Apartments for Rent in Franklin, MI with pricing that ranges from $800 to $3,500. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $1,100 to $9,000.
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 $1,100 to $9,000 with an average monthly rent of $2,544.
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 $1,349 to $3,275, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $9,000. Four Bedroom Single-Family rentals are also available starting from $2,200 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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.