
Cheap Apartments for Rent near North Franklin, CT from $700 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in North Franklin.


Village Apartments

560 On Main

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Colonial Townhouse Apartments

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Meadow Ridge Apartment Homes

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Meadowbrook Gardens

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The Lofts at Ponemah Mills

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Blackstone Apartments

Residences on Main

Artspace Windham
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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The Terraces Apartments

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Norwegian Wood

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Water Street Lofts

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Country Place

88-98 Chestnut St

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Norwich

Willington Village Apartments

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Fox Run Apartments

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Ashford Hills

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Summitwoods Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Clubhouse

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Hamilton Park

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Ivy Garden Apartments

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Brookside Commons

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Nutmeg Woods

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Cedar Glen Apartments

35 Chestnut St

Rose Hill Apartments

Orchard Acres Apartments 0.1 mile from Campus

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Thamesview Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Colchester Estates

Oxoboxo Lofts

389 Wyassup Rd

173-175 Norwich-New London Turnpike

Mar-Lea Park Apartments

Renwood Apartments

Village Court

21 Plains Rd

20 Lake View Ave

11.5 S 3rd Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Woods Edge

Wequonnoc Village Apartments

13 -3 Kent Ct

24 Hartford Rd

Reid & Hughes

Oak Tree Village

177 Broadway

Four Seasons of Colchester

13 White Oak Rd

73 Horse Pond Rd
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.
North Franklin, CT Local Guide

How much does it cost to rent an apartment in North Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Franklin Studio Apartments | $1,372 | $1,050 | $2,215 |
| North Franklin 1 Bedroom Apartments | $1,626 | $710 | $2,924 |
| North Franklin 2 Bedroom Apartments | $2,011 | $864 | $3,064 |
| North Franklin 3 Bedroom Apartments | $2,193 | $1,215 | $3,854 |
Browse Top Apartments in North Franklin
See all Apartments in North FranklinExplore North Franklin
North Franklin, CT Local Guide
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Cheapest Available North Franklin Apartments for Rent and Nearby
 The cheapest available apartment rental in North Franklin, CT is a 1 Bed unit found at Oxoboxo Lofts in the Northeast New London Norwich neighborhood priced from $922. Village Apartments in the Northeast New London Norwich neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable North Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oxoboxo Lofts | 1 Bedroom | 1BR,1BA | $922 |
| Village Apartments | 1 Bedroom / 1 Bath | 1BR,1BA | $1,000 |
| 560 On Main | SM Studio | Studio,1BA | $1,050 |
| Colonial Townhouse Apartments | Studio | Studio,1BA | $1,100 |
| Meadowbrook Gardens | 3X3C | 3BR,3BA | $1,215 |
| The Lofts at Ponemah Mills | PM1aFH-T | 1BR,1BA | $1,239 |
| Blackstone Apartments | Studio | Studio,1BA | $1,295 |
| Norwegian Wood | 2 Bed Traditional - Electric Heat | 2BR,1BA | $1,340 |
| Mar-Lea Park Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,350 |
| Knollwood | Spacious 1 Bedroom Apartment Near UConn | Reduc... | 1BR,1BA | $1,375 |
Best Value Apartments for Rent in North Franklin, CT and Nearby
As of July 21, 2026 the best value apartment in the North Franklin area is the $1.29 price per square foot 2 Bedroom Model at The Terraces Apartments in the in the Northeast New London Norwich neighborhood starting from $1,595. The second greatest value North Franklin apartment is the Daffodil Model at Moosup Gardens Townhomes starting at $1,845 with a $1.50 price per square foot in the Central Village neighborhood. Here is today’s list of the best values for North Franklin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Terraces Apartments | 2 Bedroom | 2BR,1BA | $1.29 |
| Moosup Gardens Townhomes | Daffodil | 3BR,1.5BA | $1.50 |
| Oxoboxo Lofts | 2 Bedroom | 2BR,2BA | $1.77 |
| Meadowbrook Gardens | 2X2AB | 2BR,2BA | $1.51 |
| Norwich | Two Bedroom | 2BR,1BA | $1.45 |
| Blackstone Apartments | Large One Bedroom | 1BR,1BA | $1.50 |
| Brookside Commons | 1 bedroom - Market | 1BR,1BA | $1.75 |
| Village Apartments | 2 Bedroom / 1 Bath | 2BR,1BA | $1.44 |
| The Lofts at Ponemah Mills | PM1aFH-T | 1BR,1BA | $1.46 |
| 560 On Main | SM 1BR | 1BR,1BA | $1.52 |
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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore North Franklin, CT Rentals by Map
See the most popular apartments and homes in North Franklin, CT
Frequently Asked Questions about Cheap North Franklin Apartments
What is the Cheapest Studio apartment in North Franklin?
Currently the most affordable Cheap Studio Apartment in North Franklin is at 560 On Main listed at $1,050.
How much is rent for a Cheap One Bedroom North Franklin Apartment?
The lowest price for a Cheap One Bedroom North Franklin Apartment is $922 at Oxoboxo Lofts.
What is the lowest price for a Cheap Two Bedroom North Franklin Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in North Franklin is starting from $1,225 at Village Apartments.
What is the most affordable North Franklin Three Bedroom Apartment?
The best deal on a cheap North Franklin Three Bedroom Apartment rental is at Meadowbrook Gardens and starts from $1,215.
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

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
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.