1020 W National Ave
MilwaukeeWI53204
Cheap Homes for Rent near Franklin, WI from $800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.
3235 S 48th St
GreenfieldWI53219
2443 S 9th St
MilwaukeeWI53215
3776 E Hammond Ave
CudahyWI53110
1637 S 68th St
West AllisWI53214
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.
9129 W National Ave
West AllisWI53227
2238 S 82nd St
West AllisWI53219
1209 Madison Ave
South MilwaukeeWI53172
2167 S 75th St
West AllisWI53219
3904 S Sunset Dr
MilwaukeeWI53220
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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Franklin, WI Local Guide
How much does it cost to rent a home in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin 2 Bedroom Homes for Rent | $1,670 | $925 | $2,525 |
| Franklin 3 Bedroom Homes for Rent | $2,314 | $1,395 | $3,500 |
| Franklin 4 Bedroom Homes for Rent | $2,753 | $1,995 | $3,275 |
| Franklin 6 Bedroom Homes for Rent | $2,345 | $2,345 | $2,345 |
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Franklin Meadows Senior | 1/1 | 1BR,1BA | $841 |
| Pinehaven Apartments | 1 Bed 1 Bath - 2827 & 2951 | 1BR,1BA | $949 |
| Brenwood Park Senior Apartments | One Bedroom Affordable | 1BR,1BA | $1,020 |
Best Value Apartments for Rent in Franklin, WI and Nearby
As of July 22, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Parkside Apartments | Phase 2 - 2 Bed, 1 Bath + Den, Park Loft Upper | 2BR,1BA | $1.29 |
| Brandywood Apartments | 8900-#310 JULY 1ST | 3BR,1.5BA | $1.48 |
| Lexington Village Senior Apartments | 2BD/1BA - Market Rate | 2BR,1BA | $1.50 |
| Riverwood Estates Apartments | Sunstone Spiral | 1BR,1BA | $1.50 |
| Heritage Lake Senior Apartments 55+ | Two Bedroom | 2BR,2BA | $1.22 |
| Wood Creek Apartments | One Bedroom | 1BR,1BA | $1.62 |
| Greenbrook Apartments | One Bedroom One Bath | 1BR,1BA | $1.54 |
| Mission Hills | 1bx1b | 1BR,1BA | $1.56 |
| Sunburst | One Bed One Bath | 1BR,1BA | $1.56 |
| Franklin Meadows Senior | 1/1 | 1BR,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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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 172 Apartments for Rent in Franklin, WI with pricing that ranges from $949 to $3,998. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $825 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 $825 to $3,500 with an average monthly rent of $1,847.
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
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.
A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit
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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, Milwaukee's neighborhoods have been home to friends and family for years.
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.
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.
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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.