Cheap Apartments for Rent in Franklin, WI from $600 (56 Rentals)

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

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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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Country Pines Place
1 to 2 Bedroom Apartments

Country Pines Place

6868-6870 W Kathleen CtFranklin, WI 53132

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.

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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.

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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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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
property at 6521 Beloit Rd

$825 - $950

Studio To 1 Bedroom Rentals

Available Now

6521 Beloit Rd

West AllisWI53219

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

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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

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.

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Showing Results 1-50, Page 1 of 2

Franklin, WI Local Guide

Cheapest Available Franklin Apartments for Rent

 

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 $949. 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$949
Brenwood Park Senior ApartmentsOne Bedroom Affordable1BR,1BA$1,020
Lexington Village Senior Apartments1BD/1BA-60% Median County Income1BR,1BA$1,025
Timber Ridge ApartmentsOne Bedroom1BR,1BA$1,110
Heritage Lake Senior Apartments 55+Two Bedroom2BR,2BA$1,130
SunburstOne Bed One Bath1BR,1BA$1,195
Franklin Park1BR/1.0BA1BR,1BA$1,199
Mission Hills1bx1b1BR,1BA$1,220
Whitnall Park Apartments1ML-1 (WP1ML-1)1BR,1BA$1,230

Best Value Apartments for Rent in Franklin, WI

As of July 24, 2026 the best value apartment in the Franklin area is the $1.29 price per square foot Phase 2 - 2 Bed, 1 Bath + Den, Park Loft Upper Model at Parkside Apartments in the in the Fountainwood neighborhood starting from $1,728. The second greatest value Franklin apartment is the 8900-#310 JULY 1ST Model at Brandywood Apartments starting at $1,765 with a $1.48 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.
Parkside ApartmentsPhase 2 - 2 Bed, 1 Bath + Den, Park Loft Upper2BR,1BA$1.29
Brandywood Apartments8900-#310 JULY 1ST3BR,1.5BA$1.48
Whitnall Gardens ApartmentsGarden - 2 Bed, 1 Bath2BR,1BA$1.35
Lexington Village Senior Apartments2BD/1BA - Market Rate2BR,1BA$1.50
Riverwood Estates ApartmentsSunstone Spiral1BR,1BA$1.50
Heritage Lake Senior Apartments 55+Two Bedroom2BR,2BA$1.22
Greenbrook ApartmentsOne Bedroom One Bath1BR,1BA$1.54
Mission Hills1bx1b1BR,1BA$1.56
SunburstOne Bed One Bath1BR,1BA$1.55
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.

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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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Franklin, WI

School data provided by Great Schools

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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 $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 $1,765.

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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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.

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

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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.

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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.

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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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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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