Cheap Apartments for Rent in Franklin, WI from $600 (62 Rentals)

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Franklin Meadows Senior
1 Bedroom Apartments

Franklin Meadows Senior

7704 S 51st StFranklin, WI 53132
Senior Living
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Park Water Apartments
1 to 3 Bedroom Apartments

Park Water Apartments

6594 S 35th StFranklin, WI 53132
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6850 W Kathleen Ct
2 Bedroom Apartments

6850 W Kathleen Ct

6850 W Kathleen CtFranklin, WI 53132
  • 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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Country Pines Place
1 to 2 Bedroom Apartments

Country Pines Place

6868-6870 W Kathleen CtFranklin, WI 53132

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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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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6213 S 13th St
1 to 2 Bedroom Apartments

6213 S 13th St

6213 S 13th StMilwaukee, WI 53221
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9715 W Forest Home Ave
1 Bedroom Apartments

9715 W Forest Home Ave

9715 W Forest Home AveHales Corners, WI 53130
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College Manor Apartments
1 to 3 Bedroom Apartments

College Manor Apartments

2100-2200 W College AveMilwaukee, WI 53221
  • Utilities Included

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).

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Whitnall Grove Apartments
1 to 2 Bedroom Apartments

Whitnall Grove Apartments

8956-8980 W Forest Home AveMilwaukee, WI 53228
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Dale Creek Apartments
2 Bedroom Apartments

Dale Creek Apartments

6143 Churchwood CirGreendale, WI 53129
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Greenway Apartments
1 to 3 Bedroom Apartments

Greenway Apartments

6507 GreenwayGreendale, WI 53129
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6129 S 13th St
1 to 3 Bedroom Apartments

6129 S 13th St

6129 S 13th StMilwaukee, WI 53221

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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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 $803. Brenwood Park Senior Apartments in the Fountainwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,020. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Franklin Meadows Senior1/11BR,1BA$803
Brenwood Park Senior ApartmentsOne Bedroom Affordable1BR,1BA$1,020
Lexington Village Senior Apartments1BD/1BA-60% Median County Income1BR,1BA$1,025
Greenway Apartments1 Bedroom1BR,1BA$1,095
Forest Place Apartments1 Bed 1 Bath Lower1BR,1BA$1,099
Heritage Lake Senior Apartments 55+Two Bedroom2BR,2BA$1,130
Mission Hills1bx1b1BR,1BA$1,222
Whitnall Gardens ApartmentsGarden - 1 Bed, 1 Bath1BR,1BA$1,236
College Square Apartments2 Bed, 1 Bath2BR,1BA$1,237
Franklin Park1BR/1.0BA1BR,1BA$1,249

Best Value Apartments for Rent in Franklin, WI and Nearby

As of April 24, 2026 the best value apartment in the Franklin area is the $1.43 price per square foot 8920-304 APRIL <1ST MONTHS RENT ONLY!$500> Model at Brandywood Apartments in the in the River Park neighborhood starting from $1,695. The second greatest value Franklin apartment is the Kingswood Model at Riverwood Estates Apartments starting at $1,691 with a $1.57 price per square foot in the River 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.
Brandywood Apartments8920-304 APRIL <1ST MONTHS RENT ONLY!$500>3BR,2BA$1.43
Riverwood Estates ApartmentsKingswood2BR,2BA$1.57
Lexington Village Senior Apartments2BD/1BA - Market Rate2BR,1BA$1.50
Greenbrook ApartmentsTwo Bedroom One Bath2BR,1BA$1.53
Heritage Lake Senior Apartments 55+Two Bedroom2BR,2BA$1.22
Whitnall Gardens ApartmentsGarden - 1 Bed, 1 Bath1BR,1BA$1.46
College Square Apartments2 Bed, 1 Bath2BR,1BA$1.51
Mission Hills1bx1b1BR,1BA$1.57
Brenwood Park Senior ApartmentsOne Bedroom Affordable1BR,1BA$1.44
Franklin Meadows Senior1/11BR,1BA$1.42

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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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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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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Franklin, WI

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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap Franklin Apartments

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

The lowest price for a Cheap One Bedroom Franklin Apartment is $803 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 $1,635.

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

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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.

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 A Local Experts Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit article

A Local Experts 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.

Articles, How-To's, and Tips

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

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.