5310 Beloit Rd
West MilwaukeeWI53214
Cheap Homes for Rent in Franklin, WI from $700 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.
1418 W Mitchell St
MilwaukeeWI53204
6535 Beloit Rd
West AllisWI53219
1484 S 92nd St
West AllisWI53214
1643 S 7th St
MilwaukeeWI53204
2338 W Becher St
MilwaukeeWI53215
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.
1663 S 6th St
MilwaukeeWI53204
1959 S 19th St
MilwaukeeWI53204
3636 W Branting Ln
MilwaukeeWI53215
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.
6521 Beloit Rd
West AllisWI53219
6406 W Lincoln Ave
West AllisWI53219
1956 S 19th St
MilwaukeeWI53204
3529 W Pierce St
MilwaukeeWI53215
3238 S 7th St
MilwaukeeWI53215
6410 W National Ave
MilwaukeeWI53214
1523 S 70th St
West AllisWI53214
1815 S 19th St
MilwaukeeWI53215
3254 S Kinnickinnic Ave
MilwaukeeWI53207
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
9101 W Morgan Ave
MilwaukeeWI53228
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 | $1,091 | $850 | $1,500 |
| Franklin 3 Bedroom Homes for Rent | $1,900 | $925 | $2,995 |
| Franklin 4 Bedroom Homes for Rent | $3,299 | $3,299 | $3,299 |
| Franklin 5 Bedroom Homes for Rent | $3,400 | $3,400 | $3,400 |
Browse Top Homes for Rent in Franklin
Explore Franklin
Franklin, WI Local Guide
- Franklin Neighborhoods
- Nearby Cities
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- Local Counties
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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 Lexington Village Senior Apartments in the Alcott Park neighborhood priced from $896. 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 |
|---|---|---|---|
| Lexington Village Senior Apartments | 1BD/1BA - Income Restricted | 1BR,1BA | $896 |
| Brenwood Park Senior Apartments | One Bedroom Affordable | 1BR,1BA | $1,020 |
| Heritage Lake Senior Apartments 55+ | Two Bedroom Deluxe | 2BR,2BA | $1,140 |
| Mission Hills | 1bx1b | 1BR,1BA | $1,185 |
| Sunburst Apartments | 1 BR / 1BA Remodeled | 1BR,1BA | $1,195 |
Best Value Apartments for Rent in Franklin, WI and Nearby
As of June 25, 2025 the best value apartment in the Franklin area is the $1.27 price per square foot 2 Bed, 2 Bath w/ Tandem 2 Car Garage - Upper In... Model at The Orchard Apartments in the in the Alcott Park neighborhood starting from $1,698. The second greatest value Franklin apartment is the 8900-#309 MID JULY 2025 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. |
|---|---|---|---|
| The Orchard Apartments | 2 Bed, 2 Bath w/ Tandem 2 Car Garage - Upper In... | 2BR,2BA | $1.27 |
| Brandywood Apartments | 8900-#309 MID JULY 2025 | 3BR,1.5BA | $1.43 |
| Riverwood Estates Apartments | Kingswood | 2BR,2BA | $1.47 |
| Heritage Lake Senior Apartments 55+ | Two Bedroom Deluxe | 2BR,2BA | $1.08 |
| Village Park | 1 | 1BR,1BA | $1.31 |
| Southfield Apartments | Phase 1 - 1 Bed, 1 Bath Cardinal | 1BR,1BA | $1.44 |
| 6th and College | Renovated 2 bed/1 bath | 2BR,1BA | $1.44 |
| Mission Hills | 1bx1b | 1BR,1BA | $1.52 |
| Lexington Village Senior Apartments | 1BD/1BA-60% Median County Income | 1BR,1BA | $1.43 |
| Brenwood Park Senior Apartments | One Bedroom Affordable | 1BR,1BA | $1.44 |
Quick Rent Budget Calculator
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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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Frequently Asked Questions about Franklin
What type of rentals are currently available in Franklin?
There are currently 156 Apartments for Rent in Franklin, WI with pricing that ranges from $795 to $10,733. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $790 to $3,400.
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 $790 to $3,400 with an average monthly rent of $1,952.
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 $1,625 to $6,140, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $2,995. Four Bedroom Single-Family rentals are also available starting from $3,299 and Four Bedroom Apartments start at $3,025.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.