Cheap Apartments for Rent in Franklin Square, NY from $1,600 (36 Rentals)

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Search the lowest-cost Apartments available for rent right now in Franklin Square.

property at 107 New Hyde Park Rd
$1,899

Total Monthly Price

Base Rent$1,899

Total Monthly Price$1,899
Studio, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

107 New Hyde Park Rd

New Hyde ParkNY11040
property at 25614 Hillside Ave
$2,290

Total Monthly Price

Base Rent$2,290

Total Monthly Price$2,290
1 Bedroom, 1 Bath Townhome for Rent
Available Now

25614 Hillside Ave

Glen OaksNY11004
  • Smoke Free

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 18 Watkins St
$2,400 - $3,800
1 To 3 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

18 Watkins St

LynbrookNY11563
  • Smoke Free
property at 45 Benedict Ave
$2,450 - $2,800
1 To 2 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

45 Benedict Ave

Valley StreamNY11580
property at 400 N Corona Ave
$2,500 - $2,800
1 To 2 Bedroom Rentals
Available Now
Affordability

400 N Corona Ave

Valley StreamNY11580

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From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Richlee Gardens
Studio to 2 Bedroom Apartments

Richlee Gardens

377-425 1st StMineola, NY 11501
  • Utilities Included
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62 Tulip Avenue
Studio to 2 Bedroom Apartments

62 Tulip Avenue

62 Tulip AveFloral Park, NY 11001
  • Utilities Included

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Parkview Estates
Studio to 3 Bedroom Apartments

Parkview Estates

420 N Corona AveValley Stream, NY 11580
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47 Church St
1 to 2 Bedroom Apartments

47 Church St

47 Church StMalverne, NY 11565
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Sun Valley Towers
1 to 3 Bedroom Apartments

Sun Valley Towers

12 Brooklyn AveValley Stream, NY 11581
  • Utilities Included
property at 1006 Jericho Tpke
$2,700

Total Monthly Price

Base Rent$2,700

Total Monthly Price$2,700
1 Bedroom, 1 Bath Condo for Rent
Available Now

1006 Jericho Tpke, Unit 2R

1006 Jericho Tpke
New Hyde ParkNY11040

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.

Franklin Square, NY Local Guide

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 ListingModel NameBed/BathPriced From
South Grove Apartments1br1BR,1BA$2,150
66-70 Tulip Avenue1 Bed, 1 bath1BR,1BA$2,395
Fairfield At West HempsteadResidence C21BR,1BA$2,555
Valley Stream Garden Apartments1 Bedroom/ 1 Bathroom1BR,1BA$2,650
Lynbrook 44C31BR,1BA$2,700
The Promenade at LynbrookS01Studio,1BA$2,795
The Vantage at Valley Stream1 br1BR,1BA$2,850
Fairfield Estates At Stewart ManorOne Bedroom 595SF1BR,1BA$2,850
The Promenade at Valley StreamDelos1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
128 E Maple St, Unit LG Bright 3 BDRM128 E Maple St3BR,1BA$1.66
8415 263rd St, Unit 28415 263rd St3BR,2BA$2.22
The Magnolia at Central2 Bedroom2BR,1BA$3.12
Fairfield At West HempsteadResidence A22BR,1BA$3.08
West 1302a12BR,1BA$3.73
South Grove Apartments1br1BR,1BA$2.26
Lynbrook 44C31BR,1BA$3.38
889 First Ave, Unit 2nd Floor 2 Bedroom Apartment889 First Ave2BR,1BA$3.13
66-70 Tulip Avenue1 Bed, 1 bath1BR,1BA$3.09
Valley Stream Garden Apartments1 Bedroom/ 1 Bathroom1BR,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.

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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.

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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!

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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

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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

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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.

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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.

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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.