Floor plans

1BR/1.0BA	1 bed	1.5 bath	685 sqft	$1,200 /mo	1 unit available	Welcome to our beautifully restored historic building situated right on the Rock River, offering incredible city and river views from every apartment. Each unit is filled with natural light thanks to oversized vintage windows and features 9–10 foot ceilings, creating a bright and open living space with timeless character. Prime Location Highlights: Just steps from the new Cobblestone Hotel, featuring a lounge and steakhouse Walking distance to restaurants, cafés, bars, and the local farmers market Only 3 blocks from the YMCA and 1 block from downtown Janesville Less than 1 mile to Mercy Hospital Under 3 miles to I-90/39 for easy commuting 10 minutes to Edgerton, 12 minutes to Beloit, 30 minutes to downtown Madison, 1 hour to Milwaukee, and under 2 hours to downtown Chicago Whether you're commuting or looking to enjoy local charm, this location offers unmatched convenience and character. Furnishings may vary from pictures.
2BR/1.0BA	2 bed	1.5 bath	875 sqft	$1,295 /mo	1 unit available	Welcome to our beautifully restored historic building situated right on the Rock River, offering incredible city and river views from every apartment. Each unit is filled with natural light thanks to oversized vintage windows and features 9–10 foot ceilings, creating a bright and open living space with timeless character. Prime Location Highlights: Just steps from the new Cobblestone Hotel, featuring a lounge and steakhouse Walking distance to restaurants, cafés, bars, and the local farmers market Only 3 blocks from the YMCA and 1 block from downtown Janesville Less than 1 mile to Mercy Hospital Under 3 miles to I-90/39 for easy commuting 10 minutes to Edgerton, 12 minutes to Beloit, 30 minutes to downtown Madison, 1 hour to Milwaukee, and under 2 hours to downtown Chicago Whether you're commuting or looking to enjoy local charm, this location offers unmatched convenience and character. Actual unit finishes, layouts, and features may vary.
2BR/1.5BA	2 bed	1.5 bath	950 sqft	$1,400 /mo	1 unit available	Welcome to our beautifully restored historic building situated right on the Rock River, offering incredible city and river views from every apartment. Each unit is filled with natural light thanks to oversized vintage windows and features 9–10 foot ceilings, creating a bright and open living space with timeless character. Prime Location Highlights: Just steps from the new Cobblestone Hotel, featuring a lounge and steakhouse Walking distance to restaurants, cafés, bars, and the local farmers market Only 3 blocks from the YMCA and 1 block from downtown Janesville Less than 1 mile to Mercy Hospital Under 3 miles to I-90/39 for easy commuting 10 minutes to Edgerton, 12 minutes to Beloit, 30 minutes to downtown Madison, 1 hour to Milwaukee, and under 2 hours to downtown Chicago Whether you're commuting or looking to enjoy local charm, this location offers unmatched convenience and character. Actual unit finishes, layouts, and features may vary.

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Amenities for Franklin Mill Apartments

Apartment Amenities

Media Package

Water

Appliances

Refrigerator

Stove

Services

Package Service	Snow Removal
Trash Collection

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

Units	40

About Franklin Mill Apartments

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Apartments in Janesville

Franklin Mill Apartments

Welcome to our beautifully restored historic building situated right on the Rock River, offering incredible city and river views from every apartment. Each unit is filled with natural light thanks to oversized vintage windows and features 9–10 foot ceilings, creating a bright and open living space with timeless character. Prime Location Highlights: Just steps from the new Cobblestone Hotel, featuring a lounge and steakhouse Walking distance to restaurants, cafés, bars, and the local farmers market Only 3 blocks from the YMCA and 1 block from downtown Janesville Less than 1 mile to Mercy Hospital Under 3 miles to I-90/39 for easy commuting 10 minutes to Edgerton, 12 minutes to Beloit, 30 minutes to downtown Madison, 1 hour to Milwaukee, and under 2 hours to downtown Chicago Whether you're commuting or looking to enjoy local charm, this location offers unmatched convenience and character. Actual unit finishes, layouts, and features may vary.

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Rent trends in Janesville

1-bedroom apartments here are priced 25% higher than 1-bedrooms in Janesville.

If you decide to upgrade your space, you can expect 2-bedrooms at Franklin Mill Apartments to be 23% more than the average for similarly sized apartments in Janesville.

Median rents as of Aug 31 2025.

Janesville

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Rent-to-income ratio

30%

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The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$48,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $48,000 annually to afford this 1-bedroom monthly rent price of $1,200.

For more information on rent affordability, visit our rent calculator.

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