Cheap 1 Bedroom Apartments for Rent in Franklin, MN from $595 (55 Rentals)

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Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

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Red Skye Lofts
$849 - $1,660
Total Monthly Price

Total Monthly Price

Base Rent
$800 - $2,600
Required Monthly Fees
$60
Total Monthly Price
$860 - $2,660
1 Bedroom Apartments Available Now

Red Skye Lofts

100 Fallwood RdRedwood Falls, MN 56283
Furnished
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  • Utilities Included
  • Smoke Free
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Regency Apartments
$1,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,000 - $1,250
Total Monthly Price
$1,000 - $1,250
1 Bedroom Apartments Contact Us For Availability

Regency Apartments

235 Echo CirHutchinson, MN 55350
Student Housing
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  • Smoke Free

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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RoK Lofts
$1,150 - $1,225
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,125 - $1,475
Required Monthly Fees
$50
Total Monthly Price
$1,175 - $1,525
1 Bedroom Apartments Available Now

RoK Lofts

410 S Minnesota AveSt. Peter, MN 56082
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  • Customer Reviewed
  • Utilities Included
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Midtown Lofts
$1,165 - $1,185
Total Monthly Price

Total Monthly Price

Base Rent
$1,165
Required Monthly Fees
$20
Total Monthly Price
$1,185
1 Bedroom Apartments Available Mar 15, 2027

Midtown Lofts

306 N Ramsey AveLitchfield, MN 55355
Luxury
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  • Utilities Included
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The Preserve on 24th
Rent Specials
$1,195 - $1,275
Total Monthly Price

Total Monthly Price

Base Rent
$1,065 - $1,475
Total Monthly Price
$1,065 - $1,475
1 Bedroom Apartments Available Now

The Preserve on 24th

401 24th AveWillmar, MN 56201
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Fairview Apartments
1 Bedroom Apartments

Fairview Apartments

11 Park St NFairfax, MN 55332
Senior Living
  • Utilities Included
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River Ridge Apartments
1 Bedroom Apartments

River Ridge Apartments

201 S Minnesota StRedwood Falls, MN 56283
  • Utilities Included
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Southview Apartments
1 Bedroom Apartments

Southview Apartments

200 10th Ave SEFairfax, MN 55332
  • Utilities Included
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Lake Place II
1 Bedroom Apartments

Lake Place II

1421 Lake Ave NWWillmar, MN 56201
  • Utilities Included
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Bethel On Bryant
1 Bedroom Apartments

Bethel On Bryant

419-427 Bryant Ave NWRenville, MN 56284
  • Utilities Included
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Autumn Glen Apartments
1 Bedroom Apartments

Autumn Glen Apartments

822 W Main St WArlington, MN 55307
Senior Living
  • Utilities Included

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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Autumn Glen Townhomes
1 Bedroom Apartments

Autumn Glen Townhomes

502-510 W 8th StWinthrop, MN 55396
  • Utilities Included
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131 W 11th St
1 Bedroom Apartments

131 W 11th St

131 W 11th StGibbon, MN 55335
  • Utilities Included
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Oak Street
1 Bedroom Apartments

Oak Street

700 Oak StDanube, MN 56230
  • Utilities Included
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Suite Liv'n on 15th NW
1 Bedroom Apartments

Suite Liv'n on 15th NW

2601-2609 15th AveWillmar, MN 56201
Student Housing
  • Utilities Included
property at 512 Maple Ln

$848

Total Monthly Price

Total Monthly Price

Base Rent
$848
Total Monthly Price
$848

1 Bedroom, 1 Bath Townhome for Rent

Available Now

512 Maple Ln

Grove CityMN56243
property at 313 5th St S

$848

Total Monthly Price

Total Monthly Price

Base Rent
$848
Total Monthly Price
$848

1 Bedroom, 1 Bath Townhome for Rent

Available Now

313 5th St S

Grove CityMN56243
property at 619 S Armstrong Ave

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

619 S Armstrong Ave

LitchfieldMN55355
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St. James Apartments
1 Bedroom Apartments

St. James Apartments

131 9th Ave NSt. James, MN 56081
  • Utilities Included

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.

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Franklin, MN Local Guide

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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Real 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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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Franklin, MN Rentals by Map

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See the most popular apartments and homes in Franklin, MN

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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 512 Vernon Ave listed at $595.

How much is rent for a Cheap One Bedroom Franklin Apartment?

The lowest price for a Cheap One Bedroom Franklin Apartment is $595 at 512 Vernon Ave.

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 $595 at 512 Vernon Ave.

What is the most affordable Franklin Three Bedroom Apartment?

The best deal on a cheap Franklin Three Bedroom Apartment rental is at 512 Vernon Ave and starts from $595.

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.

Articles, How-To's, and Tips

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.