5310 Beloit Rd
West MilwaukeeWI53214
Cheap Homes for Rent in Franklin, WI from $800 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.
6535 Beloit Rd
West AllisWI53219
1951 S 11th St
MilwaukeeWI53204
6406 W Lincoln Ave
West AllisWI53219
6521 Beloit Rd
West AllisWI53219
1632 N 34th St
MilwaukeeWI53208
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.
1425 S 11th St
MilwaukeeWI53204
1639 N 33rd St
MilwaukeeWI53208
2442 S 17th St
MilwaukeeWI53215
9129 W National Ave
West AllisWI53227
2166 S 6th St
MilwaukeeWI53215
3727 E Squire Ave
CudahyWI53110
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.
1120 S 56th St
West AllisWI53214
2429-2431 S 34th St
MilwaukeeWI53215
2431 S 34th St
MilwaukeeWI53215
2429-2431-2431 S 34th St
MilwaukeeWI53215
3908 S Sunset Dr
MilwaukeeWI53220
3904 S Sunset Dr
MilwaukeeWI53220
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.
3904 Sunset Square
GreenfieldWI53220
Showing Results 1-19, 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 | $1,448 | $898 | $2,500 |
| Franklin 3 Bedroom Homes for Rent | $1,957 | $925 | $2,695 |
| Franklin 4 Bedroom Homes for Rent | $3,150 | $2,300 | $4,000 |
| Franklin 5 Bedroom Homes for Rent | $2,300 | $2,300 | $2,300 |
| Franklin 6 Bedroom Homes for Rent | $2,450 | $2,450 | $2,450 |
Browse Top Homes for Rent in Franklin
Explore Franklin
Franklin, WI Local Guide
- Franklin Neighborhoods
- Nearby Cities
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Franklin Meadows Senior | 1/1 | 1BR,1BA | $803 |
| Brenwood Park Senior Apartments | One Bedroom Affordable | 1BR,1BA | $1,020 |
| Lexington Village Senior Apartments | 1BD/1BA-60% Median County Income | 1BR,1BA | $1,025 |
| Greenway Apartments | 1 Bedroom | 1BR,1BA | $1,095 |
| Timber Ridge Apartments | One Bedroom | 1BR,1BA | $1,110 |
Best Value Apartments for Rent in Franklin, WI and Nearby
As of April 21, 2026 the best value apartment in the Franklin area is the $1.63 price per square foot Thatcher Model at Statesman Apartments in the in the College Heights neighborhood starting from $2,019. The second greatest value Franklin apartment is the 8920-304 APRIL <1ST MONTHS RENT ONLY!$500> 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. |
|---|---|---|---|
| Statesman Apartments | Thatcher | 2BR,2BA | $1.63 |
| Brandywood Apartments | 8920-304 APRIL <1ST MONTHS RENT ONLY!$500> | 3BR,2BA | $1.43 |
| Riverwood Estates Apartments | Kingswood | 2BR,2BA | $1.57 |
| Lexington Village Senior Apartments | 2BD/1BA - Market Rate | 2BR,1BA | $1.50 |
| Heritage Lake Senior Apartments 55+ | Two Bedroom | 2BR,2BA | $1.22 |
| Whitnall Gardens Apartments | Garden - 1 Bed, 1 Bath | 1BR,1BA | $1.46 |
| Mission Hills | 1bx1b | 1BR,1BA | $1.51 |
| Sunburst Apartments | 1 BR / 1BA Remodeled | 1BR,1BA | $1.56 |
| Brenwood Park Senior Apartments | One Bedroom Affordable | 1BR,1BA | $1.44 |
| Franklin Meadows Senior | 1/1 | 1BR,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.
Read Article
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 ArticleThe 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
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.
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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 164 Apartments for Rent in Franklin, WI with pricing that ranges from $899 to $4,315. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $800 to $4,000.
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 $800 to $4,000 with an average monthly rent of $1,913.
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
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.
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.
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
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.
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.
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.
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.