6535 Beloit Rd
West AllisWI53219
Cheap Homes for Rent in Franklin, WI from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.
6406 W Lincoln Ave
West AllisWI53219
6521 Beloit Rd
West AllisWI53219
1229 S 20th St
MilwaukeeWI53204
1443 S 51st St
MilwaukeeWI53214
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.
9129 W National Ave
West AllisWI53227
1941 S Winona Ln
MilwaukeeWI53204
3776 E Hammond Ave
CudahyWI53110
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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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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 | $1,673 | $1,050 | $2,525 |
| Franklin 3 Bedroom Homes for Rent | $2,452 | $1,575 | $3,500 |
| Franklin 4 Bedroom Homes for Rent | $2,155 | $1,795 | $2,495 |
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Franklin, WI Local Guide
- Franklin Neighborhoods
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Cheapest Available Franklin Apartments for Rent
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 $899. 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 - 2827 & 2951 | 1BR,1BA | $899 |
| Lexington Village Senior Apartments | 1BD/1BA-60% Median County Income | 1BR,1BA | $1,025 |
| Forest Place Apartments | 1 Bed 1 Bath Upper | 1BR,1BA | $1,129 |
Best Value Apartments for Rent in Franklin, WI
As of November 27, 2025 the best value apartment in the Franklin area is the $1.27 price per square foot 3 Bed, 2 Bath w/ Tandem 2 Car Garage - ADA Unit... Model at The Orchard Apartments in the in the Alcott Park neighborhood starting from $2,386. The second greatest value Franklin apartment is the A-UPPER Model at Overlook Lakes Apartments starting at $1,900 with a $1.45 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Orchard Apartments | 3 Bed, 2 Bath w/ Tandem 2 Car Garage - ADA Unit... | 3BR,2BA | $1.27 |
| Overlook Lakes Apartments | A-UPPER | 2BR,2BA | $1.45 |
| Brandywood Apartments | 8900-308 DEC 2025 1ST MONTH RENT FREE | 3BR,2BA | $1.43 |
| Heritage Village Apartments | L | 2BR,2BA | $1.14 |
| Brenwood Park Senior Apartments | Two Bedroom One Bath Market | 2BR,1BA | $1.37 |
| Whitnall Park Apartments | 2HU-1 (WP2HU-1) | 2BR,1.5BA | $1.45 |
| 6868-6870 Kathleen Court - 12 Family | 2BR/1.0BA | 2BR,1BA | $1.36 |
| Parkside Apartments | Phase 1 - 2 Bed, 1 Bath Garden Upper (D1) | 2BR,1BA | $1.39 |
| 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.
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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 161 Apartments for Rent in Franklin, WI with pricing that ranges from $899 to $6,205. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $795 to $3,500.
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 $795 to $3,500 with an average monthly rent of $1,675.
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 $1,575 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $3,400.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.