1326 Sigsbee St SE
Grand RapidsMI49506
Cheap Apartments for Rent in the Franklin Neighborhood of Grand Rapids, MI from $400 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Franklin area of Grand Rapids.
close
View Me
$950 - $1,850Studio to 2 Bedroom Apartments Available Now
Grand Central Lofts
100 Commerce Ave SWGrand Rapids, MI 49503
1354 Wealthy St SE
Grand RapidsMI49506
close
View Me
$975 - $2,1001 to 3 Bedroom Apartments Available Now
The Globe Apartments
315 Commerce Av SWGrand Rapids, MI 49503
close
View Me
$1,030 - $2,390Studio to 2 Bedroom Apartments Available Jan 31
Freyling Mendels Apartments
1059 Wealthy St SEGrand Rapids, MI 49506
535 Howard St SE
Grand RapidsMI49507
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.
961-963 Eastern Ave SE
Grand RapidsMI49507
642 Cherry St SE
Grand RapidsMI49503
close
View Me
$1,100 - $1,2951 Bedroom Apartments Available Now
Southtown Lofts
640 Eastern Ave SEGrand Rapids, MI 49503
close
View Me
$1,195 - $2,235Studio to 3 Bedroom Apartments Available Now
Waters House Apartments
500 Fulton St EGrand Rapids, MI 49503
444 Paris Ave SE
Grand RapidsMI49503
536 Lafayette Ave SE
Grand RapidsMI49503
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.
834 Oakhill St SE
Grand RapidsMI49507
close
View Me
$1,200 - $1,3001 Bedroom Apartments Available Now
549 Logan St SE
549 Logan St SEGrand Rapids, MI 49503
close
View Me
4 Bedroom Apartments
Atlantis House
429-431 Washington StGrand Rapids, MI 49503
close
View Me
Studio to 1 Bedroom Apartments
Lafayette 600-300 Pleasant SE
600 Lafayette Ave SEGrand Rapids, MI 49503
close
View Me
1 to 2 Bedroom Apartments
101 South Division Lofts
101 Division Ave SGrand Rapids, MI 49503
close
View Me
2 to 3 Bedroom Apartments
Metropolitan Park Apartments
350 Ionia Ave SWGrand Rapids, MI 49503
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
close
View Me
Studio to 2 Bedroom Apartments
Half Century Apartments
14-16 Jefferson Ave SEGrand Rapids, MI 49503
close
View Me
Studio to 2 Bedroom Apartments
Grand City Heights
333 Commerce Ave SWGrand Rapids, MI 49503
close
View Me
Studio to 1 Bedroom Apartments
43 Lafayette Ave
43 Lafayette AveGrand Rapids, MI 49503
close
View Me
1 to 2 Bedroom Apartments
123 Division Ave S
123 Division Ave SGrand Rapids, MI 49503
close
View Me
Studio to 3 Bedroom Apartments
Iowa Flats
119-125 Jefferson Ave SEGrand Rapids, MI 49503
close
View Me
Studio to 2 Bedroom Apartments
550 Paris
550 Paris Ave SEGrand Rapids, MI 49503
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.
close
View Me
Studio to 2 Bedroom Apartments
One South
41 Division Ave SGrand Rapids, MI 49503
close
View Me
1 to 2 Bedroom Apartments
Sheldon Apartments
1010 Sheldon Ave SEGrand Rapids, MI 49507
Showing Results 1-26, Page 1 of 1
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 | $1,333 | $950 | $1,690 |
| Franklin 1 Bedroom Apartments | $1,622 | $875 | $3,700 |
| Franklin 2 Bedroom Apartments | $1,882 | $1,050 | $5,000 |
| Franklin 3 Bedroom Apartments | $1,942 | $1,395 | $2,500 |
| Franklin 4 Bedroom Apartments | $2,442 | $1,820 | $3,150 |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 1 mile radius of the Franklin Neighborhood of Grand Rapids, MI.
See all Apartments in Grand RapidsExplore Grand Rapids
Franklin, Grand Rapids, MI Local Guide
- Nearby Grand Rapids neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Franklin Apartments for Rent
The cheapest available apartment rental in the Franklin area of Grand Rapids, MI is a Studio unit found at Lafayette 600-300 Pleasant SE priced from $750. The Globe Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here are the most affordable Franklin apartments for rent in Grand Rapids, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lafayette 600-300 Pleasant SE | 0BR/1.0BA | Studio,1BA | $750 |
| The Globe Apartments | 1x1e | 1BR,1BA | $975 |
| Southtown Lofts | D | 1BR,1BA | $1,100 |
| Grand Central Lofts | One Bedroom | 1BR,1BA | $1,150 |
| Waters House Apartments | Studio | Studio,1BA | $1,195 |
| 549 Logan St SE | One Bed | 1BR,1BA | $1,200 |
| Wealthy & Sheldon | Wealthy Studio | Studio,1BA | $1,300 |
| The Lofts Apartments | 1 Bedroom | 1BR,1BA | $1,353 |
| 607 Fulton St E | Two Bed | 2BR,1BA | $1,375 |
Best Value Apartments for Rent in Franklin, MI
As of January 24, 2026 the best value apartment in the Franklin area is the $1.45 price per square foot 906 Fairmount St SE Model at 906 Fairmount St SE in the in the Belknap Lookout neighborhood starting from $2,100. The second greatest value Franklin apartment is the 3 Bedroom Loft Model at The Baldwin starting at $2,150 with a $1.54 price per square foot in the Belknap Lookout 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. |
|---|---|---|---|
| 906 Fairmount St SE | 906 Fairmount St SE | 3BR,1BA | $1.45 |
| The Baldwin | 3 Bedroom Loft | 3BR,1.5BA | $1.54 |
| Historic Kingsley Building | 2bed/2bath | 2BR,2BA | $1.34 |
| 1110 Fulton St E, Unit 1 | 1110 Fulton St E | 2BR,1BA | $1.44 |
| 607 Fulton St E | Two Bed | 2BR,1BA | $1.62 |
| The Globe Apartments | 1x1c | 1BR,1BA | $1.77 |
| 611 Evans St SE, Unit 3 Floor Fully furnished | 611 Evans St SE | 1BR,1BA | $2.29 |
| The Lofts Apartments | 1 Bedroom | 1BR,1BA | $1.98 |
| Southtown Lofts | C | 1BR,1BA | $1.75 |
| 549 Logan St SE | One Bed | 1BR,1BA | $2.00 |
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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
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
Pet Friendly LifestyleFranklin, Grand Rapids, MI
Ranked #34
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Franklin, Grand Rapids, MI
Martin Luther King Leadership Academy
Grand Rapids Public Schools
Public School - Grades PK-8 (296)
4 out of 10
School data provided by Great Schools
Frequently Asked Questions about Cheap Franklin Apartments
What is the Cheapest Studio apartment in Franklin?
Currently the most affordable Cheap Studio Apartment in Franklin is at Lafayette 600-300 Pleasant SE listed at $750.
How much is rent for a Cheap One Bedroom Franklin Apartment?
The lowest price for a Cheap One Bedroom Franklin Apartment is $975 at The Globe Apartments.
What is the lowest price for a Cheap Two Bedroom Franklin Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Franklin is starting from $1,250 at The Globe Apartments.
What is the most affordable Franklin Three Bedroom Apartment?
The best deal on a cheap Franklin Three Bedroom Apartment rental is at The Globe Apartments and starts from $2,063.
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.
Articles, How-To's, and Tips
The Local Experts 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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.