
Cheap 2 Bedroom Apartments for Rent in the Franklin Neighborhood of Grand Rapids, MI from $500 (36 Rentals)


922 M.L.K. Jr St SE

834 Oakhill St SE

25 La Belle St SW

613 Fuller Ave SE

901 Logan St SE

346-346 Diamond Ave SE

1114 Dunham St SE

Grand Central Lofts
The Renter's Guide to Grand Rapids' Best Neighborhoods Near Major Employers
Working in Grand Rapids? Find the perfect neighborhood near your job. Our local guide covers the best places to rent near Steelcase, Corewell Health, GE Aerospace, and Honeywell.

607 Fulton St E

863 M.L.K. Jr St SE, Unit 2

740 Kellogg St SE

1027 Benjamin Ave SE, Unit 2

Total Monthly Price
1027 Benjamin Ave SE, Unit SE Grand Rapids 2-bedroom

719 Delaware St SE

236 Sycamore St SE

Waters House Apartments

357 Madison Ave. SE #F2
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946 Sigsbee St SE

Total Monthly Price
127 Paddock Ave SE

Klingman Lofts

Baker Lofts

Metropolitan Park Apartments

448 Thomas St SE

855 Alexander St SE

1108 Jefferson Ave SE

435 LaGrave at Tapestry Square
Learn what Locals Love About Renting in Grand Rapids, Michigan
Discover why Grand Rapids, Michigan, is a premier place to live and work. Explore the Grand Rapids Local Expert's guide to top-rated schools, world-class healthcare, vibrant food scene, and endless recreational activities.

834 Sherman St SE

437 Eastern Ave SE

Half Century Apartments

25 Lafayette Apartment Homes

636 Kellogg Street Apartment Homes

Southgate Senior Living

353 Atlas Ave SE

The Oakwood

253 Eastern Ave SE
Check Out Grand Rapids’s Best Affordable Neighborhoods
Learn about Grand Rapids and the best places to live with original content written by our Local Expert Mike Heuer
Franklin, Grand Rapids, MI Local Guide

How much does it cost to rent an apartment in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Studio Apartments | $1,340 | $875 | $1,690 |
| Franklin 1 Bedroom Apartments | $1,614 | $440 | $2,670 |
Franklin 2 Bedroom Apartments | $1,750 | $500 | $3,390 |
| Franklin 3 Bedroom Apartments | $1,673 | $555 | $2,550 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 1 mile radius of the Franklin Neighborhood of Grand Rapids, MI.
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Franklin, Grand Rapids, MI Local Guide
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Top Neighborhoods to Rent Near Major Colleges and Universities in Grand Rapids, Michigan
Find your perfect student apartment near Aquinas College, Calvin University, Cornerstone University, and Grand Rapids Community College. Discover top neighborhoods for off-campus housing in Grand Rapids, MI.
Read ArticleDon'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 ArticleNavigating 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 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.
Pet Friendly LifestyleFranklin, Grand Rapids, MI
Ranked #29
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Franklin, Grand Rapids, MI
Martin Luther King Leadership Academy
School data provided by Great Schools
Frequently Asked Questions about Cheap Franklin Apartments
What is a cheap apartment in Franklin?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Franklin is under $1,495.
What is the price of a cheap apartment in Franklin?
The cheapest apartment in Franklin is 25 La Belle St SW which is listed at $1,175, while the average apartment in Franklin costs $1,595.
What types of apartments are the cheapest in Franklin?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Franklin that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Franklin?
Cheap apartments in Franklin have an average cost of $478 which is $1,117 cheaper than the average rent for all rentals in Franklin.
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

The Renter's Guide to Grand Rapids Best Neighborhoods Near Major Employers
Written by: Mike Heuer
My name is Mike, and I am your ApartmentHomeLiving.com guide for the greater Grand Rapids area.

Learn what Locals Love About Renting in Grand Rapids, Michigan
Written by: Mike Heuer
The city of Grand Rapids has a growing population of about 203,000, while the greater metropolitan area, including the city, has about 1.2 million residents.

Top Neighborhoods to Rent Near Major Colleges and Universities in Grand Rapids, Michigan
Written by: Mike Heuer
Aquinas College is a private Catholic school of higher education that focuses on liberal arts and was founded in 1886 by the Dominican Sisters of Grand Rapids.

The Local Expert's Guide to the Best Affordable Neighborhoods in Grand Rapids, MI
Written by: Mike Heuer
I grew up near Grand Rapids and have visited the growing city and its surrounding area many times. It is a true jewel of southwestern Michigan and very close to Lake Michigan and many other great locales.
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