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Cheap Apartments for Rent in Franklin WI - 492 Rentals

Franklin, WI Cheap Apartments for Rent

Whether you're on a budget or just looking to save, there are plenty of ways to find cheap apartments in Franklin. Start by defining your list of apartment “must-haves.” What features can you not live without? If you want to live within walking distance to your favorite downtown locations, you may find that a smaller apartment of fewer amenities are a fair trade-off. On the other hand, space, community amenities, or newer appliances matter more, you may want to expand your search farther out from Franklin hot spots to find more affordable options.

Tips for Finding Cheap Apartments in Franklin WI

Rent prices in Franklin tend to be higher near the city center. For better deals, explore neighborhoods farther out where rents can be lower and apartment sizes may be larger. Look for areas with a higher number of available rental units — landlords with more vacancies are often more willing to offer incentives like lower rent or flexible lease terms. Keep an eye on listings for budget-friendly apartments that meet your core needs while offering a reasonable commute and access to the amenities you want.

Best Time to Find Cheap Apartments in Franklin WI

Timing your apartment search can make a big difference in securing a great deal. Apartments are typically cheaper during the winter months — December through March — when demand is lower. During this off-season, landlords may offer reduced rent, waived fees, or other specials to fill units quickly. Another smart time to search is at the end of the month, when lease turnover peaks and more units become available. Being flexible with your move-in timing could help you land a better price.

Cheap apartments in Franklin tend to go fast. Keep an eye on timing, neighborhood options, and special deals to score the best rental price.

Franklin, WI Rental Insights

Average Rent Rates

What is the average rent in Franklin, WI?

The average rent in Franklin is $1,441. When you rent an apartment in Franklin, you can expect to pay as little as $1,438 or as much as $2,506, depending on the location and the size of the apartment.

What is the average rent of a Studio apartment in Franklin, WI?

The average rent for a studio apartment in Franklin, WI is $1,438 per month.

What is the average rent of a 1 bedroom apartment in Franklin, WI?

The average rent for a one bedroom apartment in Franklin, WI is $1,442 per month.

What is the average rent of a 2 bedroom apartment in Franklin, WI?

The average rent for a two bedroom apartment in Franklin, WI is $1,780 per month.

What is the average rent of a 3 bedroom apartment in Franklin, WI?

The average rent for a three bedroom apartment in Franklin, WI is $2,506 per month.

Education

What colleges and universities are in Franklin, WI?

If you’re a student moving to an apartment in Franklin, you’ll have access to Alverno College, Milwaukee Tech., Oak Creek, and Milwaukee Tech., West Allis.

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