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$525 - $761
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowRC Square Apartments
1116 Birch StMarshall, MN 56258
Cheap Apartments for Rent in Franklin, MN from $400 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin.
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$695
Plus Fees1 Month Lease Term
2 Bedroom Apartments Available Now45 N High Dr NW
45 N High Dr NWHutchinson, MN 55350
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Rent Specials
$745 - $1,295
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowSuite Liv'N - Willmar
1373 24th St NWWillmar, MN 56201
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$750 - $950
Plus Fees
Studio to 1 Bedroom Apartments Available Now1212 Heckman Ct
1212 Heckman CtSt. James, MN 56081
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$775 - $1,350
Plus Fees12 Month Lease Term
1 to 4 Bedroom Apartments Available NowSuite Liv'n - Marshall
400 Village DrMarshall, MN 56258
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$795
Plus Fees
1 Bedroom Apartments Available NowDowntown Estates
102 W Lincoln StSpringfield, MN 56087
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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$800 - $950
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowNyberg Apartments 55+
1709 5th St SWWillmar, MN 56201
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$800 - $900
Plus Fees
1 to 2 Bedroom Apartments Available Now907 Dale St Apartments
907 Dale St SWHutchinson, MN 55350
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$800 - $2,600
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1 to 3 Bedroom Apartments Available NowRed Skye Lofts
100 Fallwood RdRedwood Falls, MN 56283
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Studio to 1 Bedroom Apartments
330 4th St SW
330 4th St SWWillmar, MN 56201
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1 to 2 Bedroom Apartments
Clara City Community Haus
507 Division St NClara City, MN 56222
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1 to 2 Bedroom Apartments
Lake Place II
1421 Lake Ave NWWillmar, MN 56201
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.
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1 to 2 Bedroom Apartments
Southview Apartments
200 10th Ave SEFairfax, MN 55332
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1 to 2 Bedroom Apartments
Erickson Meadowview Apartments
701 N 7th StOlivia, MN 56277
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1 to 2 Bedroom Apartments
Scotland Green Apartments
1440 9th StGranite Falls, MN 56241
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1 Bedroom Apartments
Heritage Prairie
1173 Dewey StWabasso, MN 56293
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Studio to 3 Bedroom Apartments
1205 S Sibley Ave
1205 S Sibley AveLitchfield, MN 55355
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1 Bedroom Apartments
Fairview Apartments
11 Park St NFairfax, MN 55332
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.
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1 to 2 Bedroom Apartments
River Ridge Apartments
201 S Minnesota StRedwood Falls, MN 56283
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1 Bedroom Apartments
North Villa Apartments
200 1st AveSacred Heart, MN 56285
442 Rowland St
TracyMN56175
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1 to 2 Bedroom Apartments
Bethel On Bryant
419-427 Bryant Ave NWRenville, MN 56284
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1 to 2 Bedroom Apartments
Grove Heights Townhomes
500-614 Maple LnGrove City, MN 56243
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1 to 2 Bedroom Apartments
131 W 11th St
131 W 11th StGibbon, MN 55335
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.
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1 to 2 Bedroom Apartments
Autumn Glen Apartments
822 W Main St WArlington, MN 55307
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1 to 2 Bedroom Apartments
Autumn Glen Townhomes
502-510 W 8th StWinthrop, MN 55396
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1 to 2 Bedroom Apartments
36 Jefferson Ave E
36 Jefferson Ave EGaylord, MN 55334
Showing Results 1-27, Page 1 of 1
Franklin, MN Local Guide
Touch the Sky Prairie by Michel Curi is licensed under CC BY 2.0
How much does it cost to rent an apartment in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Studio Apartments | $827 | $745 | $1,065 |
| Franklin 1 Bedroom Apartments | $1,070 | $525 | $1,500 |
| Franklin 2 Bedroom Apartments | $1,278 | $625 | $1,890 |
| Franklin 3 Bedroom Apartments | $1,567 | $1,150 | $2,300 |
| Franklin 4 Bedroom Apartments | $1,141 | $975 | $1,350 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Franklin
See all Apartments in FranklinExplore Franklin
Franklin, MN Local Guide
- Nearby Cities
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Cheapest Available Franklin Apartments for Rent and Nearby
The cheapest available apartment rental in Franklin, MN is a 2 Beds unit found at RC Square Apartments in the Downtown Marshall neighborhood priced from $625. Bethel On Bryant has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| RC Square Apartments | 2 Bedroom | 2BR,1BA | $625 |
| Bethel On Bryant | Renville - 1/1 | 1BR,1BA | $725 |
| Suite Liv'N - Willmar | Studio 1 Bath | Studio,1BA | $745 |
| 1212 Heckman Ct | Studio | Studio,1BA | $750 |
| Suite Liv'n - Marshall | One Bedroom | 1BR,1BA | $775 |
| Downtown Estates | 1 Bed, 1 bath | 1BR,1BA | $795 |
| Red Skye Lofts | 1 Bedroom | 1BR,1BA | $800 |
| 907 Dale St Apartments | 1 Bedroom | 1BR,1BA | $800 |
| Hartshorn Manor | 1 Bed, 1 bath | 1BR,1BA | $840 |
| Somerset Properties | Two Bedroom B - By The Lake | 2BR,1BA | $882 |
Best Value Apartments for Rent in Franklin, MN and Nearby
As of January 23, 2026 the best value apartment in the Franklin area is the $1.10 price per square foot 2BR/1 Bath Model at Valleyside Townhomes in the starting from $1,055. The second greatest value Franklin apartment is the Two Bedroom Model at 219 6th St SW starting at $1,050 with a $1.10 price per square foot . 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. |
|---|---|---|---|
| Valleyside Townhomes | 2BR/1 Bath | 2BR,1BA | $1.10 |
| 219 6th St SW | Two Bedroom | 2BR,2BA | $1.10 |
| 1212 Heckman Ct | Studio | Studio ,1BA | $0.83 |
| Nyberg Apartments 55+ | 2 Bed | 2BR,1BA | $1.00 |
| RC Square Apartments | 2 Bedroom | 2BR,1BA | $0.70 |
| The Rock Apartments | GF: 2 Bed 1 Bath- Premium | 2BR,1BA | $1.07 |
| Downtown Estates | 1 Bed, 1 bath | 1BR,1BA | $0.99 |
| Bethel On Bryant | Renville - 1/1 | 1BR,1BA | $0.93 |
| Hartshorn Manor | 1 Bed, 1 bath | 1BR,1BA | $1.12 |
| 907 Dale St Apartments | 1 Bedroom | 1BR,1BA | $1.23 |
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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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.
Read ArticleCash 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.
Read ArticleQuick 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.
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See the most popular apartments and homes in Franklin, MN
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 Suite Liv'N - Willmar listed at $745.
How much is rent for a Cheap One Bedroom Franklin Apartment?
The lowest price for a Cheap One Bedroom Franklin Apartment is $725 at Bethel On Bryant.
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 $625 at RC Square Apartments.
What is the most affordable Franklin Three Bedroom Apartment?
The best deal on a cheap Franklin Three Bedroom Apartment rental is at The Rock Apartments and starts from $945.
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
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.