19800 W 12 Mile Rd
SouthfieldMI48076
Cheap Homes for Rent near Franklin, MI from $1,100 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.
24056 Middlebelt Rd
Farmington HillsMI48336
27860 Berrywood Ln, Unit 20
27860 Berrywood Ln
Farmington HillsMI48334
30276 Southfield Rd
SouthfieldMI48076
30515 W 14 Mile Rd
Farmington HillsMI48334
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30042 W 12 Mile Rd
Farmington HillsMI48334
30042 W 12 Mile Rd, Unit 56
30042 W 12 Mile Rd
Farmington HillsMI48334
27915 Berrywood Ln
Farmington HillsMI48334
27689 Echo Valley W
Farmington HillsMI48334
27860 Berrywood Ln
Farmington HillsMI48334
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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 a home in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin 2 Bedroom Homes for Rent | $1,778 | $1,100 | $3,500 |
| Franklin 3 Bedroom Homes for Rent | $2,518 | $1,895 | $2,999 |
| Franklin 4 Bedroom Homes for Rent | $5,472 | $3,500 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Franklin
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Franklin, MI Local Guide
- Franklin Neighborhoods
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Best Value Homes for Rent in Franklin, MI and Nearby
As of September 22, 2026 the best value rental home in the Franklin area is the $1.51 price per square foot 5760 Snowshoe Cir Model at 5760 Snowshoe Cir in the Bloomfield Hills neighborhood starting from $6,500. The second greatest value Franklin rental home is the 6511 Timber Ridge Dr Model at 6511 Timber Ridge Dr in the Bloomfield Hills neighborhood starting at $3,500 with a $1.75 price per square foot. Here is today’s list of the best values for Franklin homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5760 Snowshoe Cir | 5760 Snowshoe Cir | 4BR, 3BA | $1.51 |
| 6511 Timber Ridge Dr | 6511 Timber Ridge Dr | 4BR, 2BA | $1.75 |
| 30042 W 12 Mile Rd, Unit Unit 56 | 30042 W 12 Mile Rd | 2BR, 2BA | $1.30 |
| 27860 Berrywood Ln | 27860 Berrywood Ln | 2BR, 2BA | $0.99 |
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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Explore Franklin, MI Rentals by Map
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 51 Apartments for Rent in Franklin, MI with pricing that ranges from $800 to $3,639. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $1,100 to $13,000.
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 $13,000 with an average monthly rent of $2,812.
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 $1,099 to $3,639, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,895 to $2,999. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $3,600.
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.
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