3032 W Pierce St
MilwaukeeWI53215
Cheap Homes for Rent in Franklin, WI from $675 (20 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.
8008 W Becher St
West AllisWI53219
1569 S 10th St
MilwaukeeWI53204
1562 S 7th St
MilwaukeeWI53204
2217A S 19th St
MilwaukeeWI53215
3107 S 12th St
MilwaukeeWI53215
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.
1643 S 1st St
MilwaukeeWI53204
9129 W National Ave
West AllisWI53227
1219 Milwaukee Ave
South MilwaukeeWI53172
845 S 75th St
West AllisWI53214
1321 Manitoba Ave
South MilwaukeeWI53172
2358 S 16th St
MilwaukeeWI53215
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.
1322A W Greenfield Ave
MilwaukeeWI53204
1235A S 22nd St
MilwaukeeWI53204
1506 S 81st St
West AllisWI53214
1504 S 81st St
West AllisWI53214
8225 W Hayes Ave
West AllisWI53219
close
View Me
$1,2952 Bedroom Apartments Available Dec 10
6310 S 35th St, Unit 6310
6310 S 35th StFranklin, WI 53132
A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit
Uncover Milwaukee's affordable, vibrant neighborhoods and down-to-earth charm. Get a local expert's take on the city's renaissance, favorite traditions, and famous Gemütlichkeit (cozy spirit).
437 S 73rd St
MilwaukeeWI53214
1817 E Rusk Ave
MilwaukeeWI53207
Showing Results 1-20, Page 1 of 1
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 | $1,505 | $900 | $3,200 |
| Franklin 3 Bedroom Homes for Rent | $2,125 | $1,047 | $3,375 |
| Franklin 4 Bedroom Homes for Rent | $2,137 | $1,895 | $2,500 |
| Franklin 5 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
| Franklin 6 Bedroom Homes for Rent | $2,085 | $2,085 | $2,085 |
Browse Top Homes for Rent in Franklin
Explore Franklin
Franklin, WI Local Guide
- Franklin Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 $899. 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 | $899 |
| 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 |
| Whitnall Park Apartments | 1C/M-2 (WP1CM-2) | 1BR,1BA | $1,070 |
Best Value Apartments for Rent in Franklin, WI and Nearby
As of September 05, 2026 the best value apartment in the Franklin area is the $0.91 price per square foot 2,200 sqft - 3 Bed / 2.5 Bath Upper Model at Parkwood Lake Apartments in the in the South Milwaukee neighborhood starting from $1,995. The second greatest value Franklin apartment is the 2 Bed, 2 Bath + Den w/ 1 Car Garage - Upper Int... Model at The Orchard Apartments starting at $2,250 with a $1.33 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. |
|---|---|---|---|
| Parkwood Lake Apartments | 2,200 sqft - 3 Bed / 2.5 Bath Upper | 3BR,2.5BA | $0.91 |
| The Orchard Apartments | 2 Bed, 2 Bath + Den w/ 1 Car Garage - Upper Int... | 2BR,2BA | $1.33 |
| Root River Apartments | 3BR 1.5 BA | 3BR,1.5BA | $1.20 |
| Riverwood Estates Apartments | Stonegate | 2BR,2BA | $1.41 |
| Wood Creek Apartments | Two Bedroom - Detached Garage | 2BR,1.5BA | $1.50 |
| Lexington Village Senior Apartments | 2BD/1BA - Market Rate | 2BR,1BA | $1.50 |
| Heritage Lake Senior Apartments 55+ | Two Bedroom | 2BR,2BA | $1.22 |
| 6850 W Kathleen Ct | 2 bd 1 ba | 2BR,1BA | $1.44 |
| Sunburst | One Bed One Bath | 1BR,1BA | $1.43 |
| 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.
Read Article
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
Read Article
Quick 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.
Let everyone know!
Do you know the Franklin area?
If you’re an expert on all things Franklin, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 168 Apartments for Rent in Franklin, WI with pricing that ranges from $949 to $3,772. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $675 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 $675 to $4,000 with an average monthly rent of $1,783.
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
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.
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.
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.