
Cheap Apartments for Rent in Franklin Square, NY from $1,600 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin Square.


74 Lexington Ave

204 Monroe St

Total Monthly Price
889 First Ave, Unit 2nd Floor 2 Bedroom Apartment

524 Merrick Rd

107 New Hyde Park Rd

873 Custer St

South Grove Apartments

25614 Hillside Ave
Rent According to Income: A Look at Income-Restricted Rentals
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66-70 Tulip Avenue

412 Keller Ave

18 Watkins St

1069 Fenwood Dr

45 Benedict Ave

400 N Corona Ave

Fairfield At West Hempstead

2235 Jericho Tpke

257-06 Hillside Ave.
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Valley Stream Garden Apartments

Lynbrook 44

157 Hempstead Ave

The Promenade at Valley Stream

The Promenade at Lynbrook

256-10 Hillside Ave.

42 W Lincoln Ave

Richlee Gardens

62 Tulip Avenue
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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Parkview Estates

47 Church St

Pagan Fletcher House Apartments

268-18 81st Ave

87-16 260th St

Sun Valley Towers

190 Bryant Ave

1006 Jericho Tpke, Unit 2R

20 Edmund St
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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.
Franklin Square, NY Local Guide

How much does it cost to rent an apartment in Franklin Square?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Franklin Square Studio Apartments | $3,101 | $1,600 | $3,750 |
| Cheap Franklin Square 1 Bedroom Apartments | $3,296 | $1,850 | $4,690 |
| Cheap Franklin Square 2 Bedroom Apartments | $4,316 | $2,500 | $5,700 |
| Cheap Franklin Square 3 Bedroom Apartments | $5,447 | $3,200 | $7,900 |
| Cheap Franklin Square 4 Bedroom Apartments | $4,075 | $3,850 | $4,300 |
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Franklin Square, NY Local Guide
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Cheapest Available Franklin Square Apartments for Rent
 The cheapest available apartment rental in Franklin Square, NY is a 1 Bed unit found at South Grove Apartments in the Central Valley Stream neighborhood priced from $2,150. 66-70 Tulip Avenue in the North End neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,395. Here is today’s list of the most affordable Franklin Square apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| South Grove Apartments | 1br | 1BR,1BA | $2,150 |
| 66-70 Tulip Avenue | 1 Bed, 1 bath | 1BR,1BA | $2,395 |
| Fairfield At West Hempstead | Residence C2 | 1BR,1BA | $2,555 |
| Valley Stream Garden Apartments | 1 Bedroom/ 1 Bathroom | 1BR,1BA | $2,650 |
| Lynbrook 44 | C3 | 1BR,1BA | $2,700 |
| The Promenade at Lynbrook | S01 | Studio,1BA | $2,795 |
| The Vantage at Valley Stream | 1 br | 1BR,1BA | $2,850 |
| Fairfield Estates At Stewart Manor | One Bedroom 595SF | 1BR,1BA | $2,850 |
| The Promenade at Valley Stream | Delos | 1BR,1BA | $2,995 |
Best Value Apartments for Rent in Franklin Square, NY
As of September 10, 2026 the best value apartment in the Franklin Square area is the $1.66 price per square foot 128 E Maple St Model at 128 E Maple St, Unit LG Bright 3 BDRM in the in the Central Valley Stream neighborhood starting from $3,495. The second greatest value Franklin Square apartment is the 8415 263rd St Model at 8415 263rd St, Unit 2 starting at $4,000 with a $2.22 price per square foot in the North End neighborhood. Here is today’s list of the best values for Franklin Square apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 128 E Maple St, Unit LG Bright 3 BDRM | 128 E Maple St | 3BR,1BA | $1.66 |
| 8415 263rd St, Unit 2 | 8415 263rd St | 3BR,2BA | $2.22 |
| The Magnolia at Central | 2 Bedroom | 2BR,1BA | $3.12 |
| Fairfield At West Hempstead | Residence A2 | 2BR,1BA | $3.08 |
| West 130 | 2a1 | 2BR,1BA | $3.73 |
| South Grove Apartments | 1br | 1BR,1BA | $2.26 |
| Lynbrook 44 | C3 | 1BR,1BA | $3.38 |
| 889 First Ave, Unit 2nd Floor 2 Bedroom Apartment | 889 First Ave | 2BR,1BA | $3.13 |
| 66-70 Tulip Avenue | 1 Bed, 1 bath | 1BR,1BA | $3.09 |
| Valley Stream Garden Apartments | 1 Bedroom/ 1 Bathroom | 1BR,1BA | $3.79 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
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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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Franklin Square, NY Rentals by Map
See the most popular apartments and homes in Franklin Square, NY
Frequently Asked Questions about Cheap Franklin Square Apartments
What is the Cheapest Studio apartment in Franklin Square?
Currently the most affordable Cheap Studio Apartment in Franklin Square is at The Promenade at Lynbrook listed at $2,795.
How much is rent for a Cheap One Bedroom Franklin Square Apartment?
The lowest price for a Cheap One Bedroom Franklin Square Apartment is $2,150 at South Grove Apartments.
What is the lowest price for a Cheap Two Bedroom Franklin Square Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Franklin Square is starting from $2,850 at Lynbrook 44.
What is the most affordable Franklin Square Three Bedroom Apartment?
The best deal on a cheap Franklin Square Three Bedroom Apartment rental is at Fairfield Townhouse at Valley Stream and starts from $4,590.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.