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Studio Apartments for Rent in Franklin, WI

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  • 9767 S 27th St, Franklin, WI 53132
    9767 S 27th St, Franklin, WI 53132
    9767 S 27th St, Franklin, WI 53132
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    Starting at $1,435 Per Month

    • Studio - 3 Beds

    9767 S 27th St, Franklin, WI 53132

    Seasons embodies the evolution of luxury suburban living by providing an exceptional location blended with a wide array of high end amenities and finishes tailored to suit your lifestyle. Located in a park like setting, Seasons at Franklin has a true suburban feel with the convenience of city life only minutes away.

    Seasons at Franklin

    9767 S 27th St, Franklin, WI 53132
  • 2697 W Orchard Hills Dr, Oak Creek, WI 53154
    2697 W Orchard Hills Dr, Oak Creek, WI 53154
    2697 W Orchard Hills Dr, Oak Creek, WI 53154
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    Starting at $1,495 Per Month

    • Studio - 3 Beds

    2697 W Orchard Hills Dr, Oak Creek, WI 53154

    Seasons embodies the evolution of luxury suburban living by providing an exceptional location blended with a wide array of high end amenities and finishes tailored to suit your lifestyle. Located in a park like setting, Seasons at Orchard Hills has a true suburban feel with the convenience of city life only minutes away. Visit our website or call for more information.

    Seasons at Orchard Hills

    2697 W Orchard Hills Dr, Oak Creek, WI 53154
Wisconsin Milwaukee County

Studio Homes for Rent in Franklin, WI

Why Live in Franklin

Franklin, Wisconsin, is located about 15 miles south of downtown Milwaukee. This growing city is known for its suburban neighborhoods and newer homes. The area has seen significant development since the mid-1900s, with a variety of single-family homes and condos available. Home styles range from older ranch-style houses and Cape Cods to modern New Traditional homes built along cul-de-sacs.

The Franklin Public School District serves most of the city and is highly rated, with Franklin High School offering programs for college and career preparation. Residents enjoy numerous things to do, including winter sports and baseball at Ballpark Commons, which also hosts seasonal events. Other popular green spaces include the Root River Parkway trail, Whitnall Park with its golf course and botanical gardens and Kayla’s Playground at Franklin Woods.

Locally, you can shop at strip malls with grocery stores, chain restaurants and dining options like Honey Butter Cafe and Waha Buffet. Franklin also hosts community events such as the St. Martins Fair and the library’s Trunk or Treat, fostering a close-knit atmosphere. The city is not far from interstates 41 and 43, providing easy access to Milwaukee's shopping malls and employers.

Learn more about living in Franklin

Frequently Asked Questions

How much does it cost to rent a home in Franklin, WI?
The median rent for a home in Franklin, WI is $2,200 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Franklin, WI?
To comfortably afford the median rent in Franklin, WI, a household needs to earn roughly $88,000 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 $2,200 per month in Franklin, WI, renters typically need to show $6,600 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, WI?
In Franklin, WI, the price-to-rent ratio is 16.9, 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, WI are best for renting a home?
The best neighborhood for renting in Franklin, WI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Bay View, Walker's Point and Historic Third Ward, each with its own character and price range.

Rental Trends in Franklin, WI

There are currently 2 homes available for rent in Franklin, WI. The median rent is $2,200 per month, with single-family homes renting at $2,225 and condos at $1,635.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$2,200
Median Single Family Home Rent
$2,225
Median Condo Rent
$1,635
How to Rent a Home

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