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Newest Homes for Rent in Franklin, MI

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  • 27180 Wellington Rd, Franklin, MI 48025
    27180 Wellington Rd, Franklin, MI 48025
    27180 Wellington Rd, Franklin, MI 48025
    /29

    $5,000 Per Month

    • 3 Beds
    • 2.5 Baths
    • 2,024 Sq Ft
    • House for Rent

    27180 Wellington Rd, Franklin, MI 48025

    Amazing opportunity to lease in prime Franklin Village location. This completely updated home offers an open kitchen with ss appliances, custom butlers pantry, granite countertops and bar height seating for 5. Open and expansive floor plan with gorgeous windows and french doors that lead to the serene and very private backyard. The property, grounds and stone terrace are truly spectacular. Snow

    Kris Barich Max Broock, REALTORS®-Birmingham

    27180 Wellington Rd, Franklin, MI 48025
  • 24447 Bloomington Ct, Franklin, MI 48025
    24447 Bloomington Ct, Franklin, MI 48025
    24447 Bloomington Ct, Franklin, MI 48025
    /16

    $2,600 Per Month

    • 3 Beds
    • 1.5 Baths
    • 2,185 Sq Ft
    • House for Rent

    24447 Bloomington Ct, Franklin, MI 48025

    Attention!! Charming brick ranch house in Franklin is ready to move in! Birmingham School district located on wooded cul-de sac. This house offers 3 bed rooms, 1 and half bath and 2 attached car garage. Hardwood floor, updated kitchen, newer windows and cozy fireplace in living room and basement! $400 Non refundable cleaning fee. No pets.Some photos are virtually staged for marketing purposes.

    Keisuke Takemoto MKT Homes, LLC

    24447 Bloomington Ct, Franklin, MI 48025
  • 24975 Franklin Park Dr, Franklin, MI 48025
    24975 Franklin Park Dr, Franklin, MI 48025
    24975 Franklin Park Dr, Franklin, MI 48025
    /29

    $2,500 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,510 Sq Ft
    • Charming 3-Bedroom Home with Spacious Backyard – Prime Location

    24975 Franklin Park Dr, Franklin, MI 48025

    This 3-bedroom, 1.5-bath home offers comfort, space, and convenience in a desirable neighborhood. Enjoy a bright and inviting layout with plenty of room for living and entertaining.Step outside to a beautiful, spacious backyard—perfect for relaxing, hosting gatherings, or enjoying outdoor activities.Features include:3 bedrooms with built-in closets 1.5

    24975 Franklin Park Dr, Franklin, MI 48025
Michigan Oakland County Franklin

Newest Homes for Rent in Franklin, MI

Frequently Asked Questions

How much does it cost to rent a home in Franklin, MI?
The median rent for a home in Franklin, MI is $3,750 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Franklin, MI?
To comfortably afford the median rent in Franklin, MI, a household needs to earn roughly $150,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,750 per month in Franklin, MI, renters typically need to show $11,250 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Franklin, MI?
In Franklin, MI, the price-to-rent ratio is 20.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Franklin, MI are best for renting a home?
The best neighborhood for renting in Franklin, MI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include West Bloomfield Township, Berg-Lahser and Evergreen Lahser, each with its own character and price range.

Rental Trends in Franklin, MI

There are currently 3 homes available for rent in Franklin, MI. The median rent is $3,750 per month, with single-family homes renting at $5,000.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$3,750
Median Single Family Home Rent
$5,000
How to Rent a Home

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