Cheap Apartments for Rent in Franklin, WI from $899 (66 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Franklin Meadows Senior
1 Bedroom Apartments

Franklin Meadows Senior

7704 S 51st StFranklin, WI 53132
Senior Living
  • Utilities Included

An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters

Discover Milwaukee apartment living from Downtown lofts to affordable suburban homes. We detail neighborhoods near the four major employment hubs: urban, leafy, and everything in between.

Read Article
close
View Me
Park Water Apartments
1 to 3 Bedroom Apartments

Park Water Apartments

6594 S 35th StFranklin, WI 53132
  • Utilities Included
close
View Me
Country Pines Place
1 to 2 Bedroom Apartments

Country Pines Place

6868-6870 W Kathleen CtFranklin, WI 53132
close
View Me
6850 W Kathleen Ct
2 Bedroom Apartments

6850 W Kathleen Ct

6850 W Kathleen CtFranklin, WI 53132
  • Utilities Included

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.

Read Article

A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit

Uncover Milwaukee's affordable, vibrant neighborhoods and down-to-earth charm. Get a local expert's take on the city's renaissance, favorite traditions, and famous Gemütlichkeit (cozy spirit).

Read Article
property at 5036 S 92nd St
$1,295 - $1,495
1 To 2 Bedroom Rentals
Available Now

5036 S 92nd St

GreenfieldWI53228
  • Smoke Free
close
View Me
6213 S 13th St
1 to 2 Bedroom Apartments

6213 S 13th St

6213 S 13th StMilwaukee, WI 53221
  • Utilities Included

Check Out Milwaukee’s Best Affordable Neighborhoods

Learn about Milwaukee and the best places to live with original content written by our Local Expert Tim Brown

Read Article
close
View Me
9715 W Forest Home Ave
1 Bedroom Apartments

9715 W Forest Home Ave

9715 W Forest Home AveHales Corners, WI 53130
  • Utilities Included
close
View Me
College Manor Apartments
1 to 3 Bedroom Apartments

College Manor Apartments

2100-2200 W College AveMilwaukee, WI 53221
  • Utilities Included
property at 1569 S 10th St
$758 - $867
1 Bedroom Rentals
Available Now
Affordability

1569 S 10th St

MilwaukeeWI53204
close
View Me
Whitnall Grove Apartments
1 to 2 Bedroom Apartments

Whitnall Grove Apartments

8956-8980 W Forest Home AveMilwaukee, WI 53228
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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.

Read Article
Showing Results 1-50, Page 1 of 2

Franklin, WI Local Guide

Cheapest Available Franklin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Franklin, WI is a 1 Bed unit found at Franklin Meadows Senior in the River Park neighborhood priced from $841. Pinehaven Apartments in the Far South Side neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Franklin Meadows Senior1/11BR,1BA$841
Pinehaven Apartments1 Bed 1 Bath - 2827 & 29511BR,1BA$899
Brenwood Park Senior ApartmentsOne Bedroom Affordable1BR,1BA$1,020
Lexington Village Senior Apartments1BD/1BA-60% Median County Income1BR,1BA$1,025
Whitnall Park Apartments1C/M-2 (WP1CM-2)1BR,1BA$1,070
SunburstOne Bed One Bath1BR,1BA$1,107
Heritage Lake Senior Apartments 55+Two Bedroom2BR,2BA$1,130
Franklin Park1BR/1.0BA1BR,1BA$1,199
Mission Hills1bx1b1BR,1BA$1,210
6850 W Kathleen Ct2 bd 1 ba2BR,1BA$1,295

Best Value Apartments for Rent in Franklin, WI and Nearby

As of September 07, 2026 the best value apartment in the Franklin area is the $0.91 price per square foot 2,200 sqft - 3 Bed / 2.5 Bath Upper Model at Parkwood Lake Apartments in the in the South Milwaukee neighborhood starting from $1,995. The second greatest value Franklin apartment is the 2 Bed, 2 Bath + Den w/ 1 Car Garage - Upper Int... Model at The Orchard Apartments starting at $2,250 with a $1.33 price per square foot in the Alcott Park neighborhood. Here is today’s list of the best values for Franklin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parkwood Lake Apartments2,200 sqft - 3 Bed / 2.5 Bath Upper3BR,2.5BA$0.91
The Orchard Apartments2 Bed, 2 Bath + Den w/ 1 Car Garage - Upper Int...2BR,2BA$1.33
Root River Apartments3BR 1.5 BA3BR,1.5BA$1.20
Riverwood Estates ApartmentsStonegate2BR,2BA$1.41
Wood Creek ApartmentsTwo Bedroom - Detached Garage2BR,1.5BA$1.48
Lexington Village Senior Apartments2BD/1BA - Market Rate2BR,1BA$1.50
Heritage Lake Senior Apartments 55+Two Bedroom2BR,2BA$1.22
6850 W Kathleen Ct2 bd 1 ba2BR,1BA$1.44
SunburstTwo Bed One Bath2BR,1BA$1.49
Franklin Meadows Senior1/11BR,1BA$1.49

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 Article
Decorative image

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 Article

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Best Local Schools in
Franklin, WI

School data provided by Great Schools

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

Explore Franklin, WI Rentals by Map

Decorative image of map

See the most popular apartments and homes in Franklin, WI

View Map
Franklin, WI Apartments Map
View Map
Franklin, WI Rental Homes Map

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 Seasons at Franklin listed at $1,495.

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

The lowest price for a Cheap One Bedroom Franklin Apartment is $841 at Franklin Meadows Senior.

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 $1,130 at Heritage Lake Senior Apartments 55+.

What is the most affordable Franklin Three Bedroom Apartment?

The best deal on a cheap Franklin Three Bedroom Apartment rental is at Brandywood Apartments and starts from $1,795.

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.

Helpful Local Expert Guides

decorative image for An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters article

An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters

Written by: Tim Brown

Having grown up in Milwaukee and lived in Waukesha for several years, I have come to realize that the Milwaukee metro area offers diverse employment and housing opportunities.

decorative image for A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit article

A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, Milwaukee's neighborhoods have been home to friends and family for years.

decorative image for The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students article

The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, many of the Milwaukee neighborhoods profiled here have been home to friends and family.

decorative image for Finding The Best Affordable Milwaukee Neighborhoods to Rent article

Finding The Best Affordable Milwaukee Neighborhoods to Rent

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then just blocks outside the border, many Milwaukee neighborhoods have been home to friends and family for many years.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.