
Cheap Apartments for Rent near North Franklin, CT from $737 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in North Franklin.


269 South Rd

560 On Main

Amston Village - Active 55+

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Colonial Townhouse Apartments

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Meadow Ridge Apartment Homes

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The Lofts at Ponemah Mills

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Blackstone Apartments

Artspace Windham

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The Terraces Apartments
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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Norwegian Wood

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Residences on Main

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Kingswood Apartments

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Water Street Lofts

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Country Place

88-98 Chestnut St

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Norwich

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Fox Run Apartments

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Summitwoods Apartments

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Renwood 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.

Orchard Acres Apartments 0.1 mile from Campus

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Hamilton Park

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Ivy Garden Apartments

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Cedar Glen

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Nutmeg Woods

35 Chestnut St

South Mill

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Ashford Hills

Rose Hill Apartments

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Wyndham Park
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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Thamesview Apartments

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Storrs

Lake Hayward of Colchester Apartments

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Colchester Estates

389 Wyassup Rd

Oak Tree Village

Oxoboxo Lofts

173-175 Norwich-New London Turnpike

Moosup Gardens Townhomes

Mar-Lea Park Apartments
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.

Village Court

Woods Edge

Willington Village Apartments

8 White Oak Rd

341 Deepwood Dr

105 Horse Pond Rd

Reid & Hughes

Wequonnoc Village Apartments

Woodlawn Apartments

177 Broadway
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 | $1,400 | $1,050 | $2,101 |
| North Franklin 1 Bedroom Apartments | $1,721 | $1,000 | $2,465 |
| North Franklin 2 Bedroom Apartments | $1,962 | $737 | $3,244 |
| North Franklin 3 Bedroom Apartments | $2,316 | $1,259 | $3,874 |
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 2 Beds unit found at Residences on Main in the Northwest New London Colchester neighborhood priced from $995. 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 |
|---|---|---|---|
| Residences on Main | 2 Bedroom | 2BR,1BA | $995 |
| Village Apartments | 1 Bedroom / 1 Bath | 1BR,1BA | $1,000 |
| Oak Tree Village | 1 Bedroom | 1BR,1BA | $1,080 |
| Oxoboxo Lofts | 1 Bedroom | 1BR,1BA | $1,136 |
| Moosup Gardens Townhomes | Lily | 2BR,1BA | $1,300 |
| Mar-Lea Park Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,350 |
| Water Street Lofts | Studio | Studio,1BA | $1,400 |
| Norwich | Two Bedroom | 2BR,1BA | $1,450 |
| 88-98 Chestnut St | 1BR | 1BR,1BA | $1,450 |
| Woods Edge | 2 Beds, 1 Baths | 2BR,1BA | $1,450 |
Best Value Apartments for Rent in North Franklin, CT and Nearby
As of September 05, 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 2 bedroom - 80% Model at Brookside Commons starting at $2,066 with a $1.73 price per square foot in the New London 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 |
| Brookside Commons | 2 bedroom - 80% | 2BR,1.5BA | $1.73 |
| Moosup Gardens Townhomes | Lily | 2BR,1BA | $1.22 |
| Meadowbrook Gardens | 2X2AB | 2BR,2BA | $1.51 |
| Norwich | Two Bedroom | 2BR,1BA | $1.45 |
| Ivy Garden Apartments | Two Bedroom | 2BR,1BA | $1.78 |
| The Den Cedar Ridge (student) | 2x1C | 2BR,1BA | $0.87 |
| Village Apartments | 2 Bedroom / 1 Bath | 2BR,1BA | $1.44 |
| Fox Run Apartments | 2 BEDROOMS | 2BR,1BA | $1.76 |
| Oak Tree Village | 1 Bedroom | 1BR,1BA | $1.54 |
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 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.
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 Residences on Main listed at $1,350.
How much is rent for a Cheap One Bedroom North Franklin Apartment?
The lowest price for a Cheap One Bedroom North Franklin Apartment is $1,000 at Village Apartments.
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 $995 at Residences on Main.
What is the most affordable North Franklin Three Bedroom Apartment?
The best deal on a cheap North Franklin Three Bedroom Apartment rental is at Village Apartments and starts from $1,550.
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.

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.