Zumper
modified
5+ Days Ago

Highlights

  • Large windows
  • Lots of closet space
  • Dedicated maintenance staff
  • Ample off street parking
  • Brand new laundry facility

Location

45-47 Bank Street, Derby, Connecticut 06418, United States
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Contact

Management

All-Star Property Management, LLC

Leasing office

(203) 745-0482

Property Overview

Franklin Apartments presents a well-rounded option for renters, achieving a commendable Zumper Expert Rating of 8.3 out of 10. The property excels in pricing, amenities, and location, each earning a notable rating of 9 out of 10, highlighting its competitive value and impressive features. Additionally, the presence of large windows, ample closet space, and dedicated maintenance ensures a high standard of living, further solidifying its status as a premier property.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, Franklin Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Franklin Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space
  • Dishwasher
  • Laundry available on site

Floor plans

One Bedroom 3rd Floor Building 501 bed1 bath650 sqft$1,500 /mo1 unit availableOne-bedroom apartment for rent conveniently located near Route 8, Route 34, and the Merritt Parkway. PROPERTY FEATURES: -Cold Water, Sewer Use, & Trash Collection are included -Professionally managed, with a local office -Professional, dedicated maintenance staff -Online tenant portal to pay rent and submit maintenance requests. 24/7 live operator to answer maintenance calls. -Brand new laundry room on-site APARTMENT FEATURES: -Kitchen includes Fridge, Range, & Hood -Exposed brick -Lots of natural light -Freshly painted, with new carpets -New ceramic tile in Kitchen and Foyer -Lots of closet space NOTE: Applicants with a credit score below 600 may require additional security deposit. You must apply first before a showing will be scheduled. Typical incoming tenants sign a new one year lease with the first month rent, last month rent, & one month of security deposit collected before move in. APPLY TODAY at: www aspmct com property franklin-apartments
Two Bedroom 1st Floor Building 502 bed1 bath800 sqft$1,700 /mo1 unit availablePROPERTY FEATURES: -Cold Water, Sewer Use, & Trash Collection are included -Professionally managed, with a local office -Professional, dedicated maintenance staff -Online tenant portal to pay rent and submit maintenance requests. 24/7 live operator to answer maintenance calls. -Brand New Laundry Facility APARTMENT FEATURES: -Kitchen includes Fridge, Range, Dishwasher, & Hood -Exposed brick -Ample off street parking -Newly laid carpet/hardwood flooring -Large windows -Freshly painted NOTE: Applicants with a credit score below 600 may require additional security deposit. You must apply first before a showing will be scheduled. Typical incoming tenants sign a new one year lease with the first month rent, last month rent, & one month of security deposit collected before move in. APPLY TODAY at: www aspmct com vacancies

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Amenities for Franklin Apartments

Appliances

DishwasherHood
RangeRefrigerator

Building

Onsite Laundry

Grounds

Off-Street Parking

Services

24/7 Maintenance LineTrash Collection

Other

Cold WaterPay your rent online!
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Building details

Property details

Units32
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About Franklin Apartments

HomeApartments in Derby Franklin Apartments

PROPERTY FEATURES: -Cold Water, Sewer Use, & Trash Collection are included -Professionally managed, with a local office -Professional, dedicated maintenance staff -Online tenant portal to pay rent and submit maintenance requests. 24/7 live operator to answer maintenance calls. -Brand New Laundry Facility APARTMENT FEATURES: -Kitchen includes Fridge, Range, Dishwasher, & Hood -Exposed brick -Ample off street parking -Newly laid carpet/hardwood flooring -Large windows -Freshly painted NOTE: Applicants with a credit score below 600 may require additional security deposit. You must apply first before a showing will be scheduled. Typical incoming tenants sign a new one year lease with the first month rent, last month rent, & one month of security deposit collected before move in. APPLY TODAY at: www aspmct com vacancies


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, Franklin Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Franklin Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Franklin Apartments
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Franklin Apartments stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Franklin Apartments goes above and beyond to provide sought-after conveniences and desirable perks, including 24/7 maintenance line. Renters looking for popular or luxurious features will find them here—and for that reason, Franklin Apartments receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Franklin Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Franklin Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Franklin Apartments compares to other nearby properties.

Positives

More space
The 1-bedroom is 295 sqft larger than other listings nearby
Dishwasher
Dishwasher available in kitchen
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Greater distance from middle schools
The nearest middle school is farther than 1 mile away

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Rent trends in Derby

1-bedroom apartments here are priced 13% higher than 1-bedrooms in Derby.

If you decide to upgrade your space, you can expect 2-bedrooms at Franklin Apartments to be 5% more than the average for similarly sized apartments in Derby.

Median rents as of Oct 25 2025.
Derby
A table of studio rental data trends in Derby
MonthMedian Rent
October 2025$1,275

Affordability calculator

Can I afford to live at 45-47 Bank Street?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$60,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $60,000 annually to afford this 1-bedroom monthly rent price of $1,500.
For more information on rent affordability, visit our rent calculator.

Schools near Franklin Apartments

Bradley School

155 david humphreys rd

derby, CT, 6418

K-5Public
B-
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Internet available near Franklin Apartments

Getting around Derby near 45-47 Bank Street

Walking

3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

3/10
This is semi-bikeable, but you’ll need another way of getting around.

Transit

6/10
Frequent public transit options are within walking distance.

Points of interest for 45-47 Bank Street, Derby

Groceries

4/10
At least one supermarket within a 30-minute walk

Shopping

5/10
Variety of shops within walking distance

Cafes

6/10
Variety of cafés within walking distance

Restaurants

5/10
Variety of restaurants within walking distance

Primary schools

4/10
At least one elementary school within a 30-minute walk

High schools

1/10
Closest high school further than a 30-minute walk

Parks

6/10
Large amount of park space nearby

Nightlife

4/10
Some bars within walking distance

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