6535 Beloit Rd
West AllisWI53219
Cheap Homes for Rent in Franklin, WI from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.
6406 W Lincoln Ave
West AllisWI53219
6521 Beloit Rd
West AllisWI53219
3235 S 48th St
GreenfieldWI53219
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.
1229 S 20th St
MilwaukeeWI53204
2452 S 17th St
MilwaukeeWI53215
9129 W National Ave
West AllisWI53227
3776 E Hammond Ave
CudahyWI53110
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.
Showing Results 1-8, Page 1 of 1
Franklin, WI Local Guide
Sunrise over Root River by Flickr User: lens-cap is licensed under CC BY 2.0
How much does it cost to rent a home in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin 2 Bedroom Homes for Rent | $1,745 | $1,050 | $2,525 |
| Franklin 3 Bedroom Homes for Rent | $2,313 | $1,298 | $2,995 |
| Franklin 4 Bedroom Homes for Rent | $2,165 | $2,000 | $2,495 |
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Franklin, WI Local Guide
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Cheapest Available Franklin Apartments for Rent and Nearby
The cheapest available apartment rental in Franklin, WI is a 1 Bed unit found at Pinehaven Apartments in the Far South Side neighborhood priced from $999. Lexington Village Senior Apartments in the Alcott Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,025. Here is today’s list of the most affordable Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pinehaven Apartments | 1 Bed 1 Bath | 1BR,1BA | $999 |
| Lexington Village Senior Apartments | 1BD/1BA-60% Median County Income | 1BR,1BA | $1,025 |
| Sunburst Apartments | 1 Bedroom/1 Bathroom | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Franklin, WI and Nearby
As of January 12, 2026 the best value apartment in the Franklin area is the $1.37 price per square foot 3 Bed, 2 Bath Upper Coach Model at Falcon Glen in the in the Alcott Park neighborhood starting from $2,184. The second greatest value Franklin apartment is the 8900-308 DEC 2025 1ST MONTH FREE Model at Brandywood Apartments starting at $1,695 with a $1.43 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Falcon Glen | 3 Bed, 2 Bath Upper Coach | 3BR,2BA | $1.37 |
| Brandywood Apartments | 8900-308 DEC 2025 1ST MONTH FREE | 3BR,2BA | $1.43 |
| Heritage Village Apartments | L | 2BR,2BA | $1.14 |
| Brenwood Park Senior Apartments | Two Bedroom One Bath Market | 2BR,1BA | $1.47 |
| Heritage Lake Senior Apartments 55+ | Two Bedroom Deluxe | 2BR,2BA | $1.12 |
| Highland Park Properties | 2 BD 1 BA | 2BR,1BA | $1.16 |
| 6868-6870 Kathleen Court - 12 Family | 2BR/1.0BA | 2BR,1BA | $1.36 |
| Franklin Park | 2BR/1.5BA | 2BR,1.5BA | $1.47 |
| 6850 W Kathleen Ct | 2 bd 1 ba | 2BR,1BA | $1.41 |
| Lexington Village Senior Apartments | 1BD/1BA-60% Median County Income | 1BR,1BA | $1.34 |
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
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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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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
See the most popular apartments and homes in Franklin, WI
Frequently Asked Questions about Franklin
What type of rentals are currently available in Franklin?
There are currently 159 Apartments for Rent in Franklin, WI with pricing that ranges from $955 to $6,105. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $810 to $2,995.
What is the current price range for Rental Homes in Franklin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Franklin ranges from $810 to $2,995 with an average monthly rent of $1,638.
How much are larger Three and Four Bedroom Rentals in Franklin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Franklin range from $1,635 to $5,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,298 to $2,995. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $3,400.
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
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.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.