Cheap Apartments for Rent in Franklin, AL from $500 (17 Rentals)

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Search the lowest-cost Apartments available for rent right now in Franklin.

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The Union Auburn
2 to 6 Bedroom Apartments

The Union Auburn

900 W Glenn AveAuburn, AL 36832
Student Housing
  • Utilities Included
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Woodland Hills
1 to 2 Bedroom Apartments

Woodland Hills

830 N Donahue DrAuburn, AL 36832
  • Utilities Included
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320 West Mag
1 to 5 Bedroom Apartments

320 West Mag

320 W Magnolia AveAuburn, AL 36832
Student Housing
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Showing Results 1-17, Page 1 of 1

Franklin, AL Local Guide

Cheapest Available Franklin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Franklin, AL is a 3 Beds unit found at Logan Square in the Downtown Auburn neighborhood priced from $875. The Fairways at Auburn I/II in the South Auburn neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $935. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Logan SquareC3 Premium Townhome3BR,3BA$875
The Fairways at Auburn I/IIClassic Deluxe II/IV1BR,1BA$935
The Greens at Auburn I/IIClassic Deluxe II1BR,1BA$935
Summer Wind Apartments1x11BR,1BA$950
Oakley Cove Apartments2 Beds, 1 bath2BR,1BA$995

Best Value Apartments for Rent in Franklin, AL and Nearby

As of March 26, 2025 the best value apartment in the Franklin area is the $1.52 price per square foot The ONE~22 Model at THE ONE-AUBURN in the in the Downtown Auburn neighborhood starting from $2,600. The second greatest value Franklin apartment is the 3 Bedroom Flat Model at Creekside of Auburn starting at $905 with a $0.77 price per square foot in the Downtown Auburn neighborhood. Here is today’s list of the best values for Franklin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
THE ONE-AUBURNThe ONE~223BR,3.5BA$1.52
Creekside of Auburn3 Bedroom Flat3BR,3BA$0.77
319 Bragg2 Bedroom 2 Bathroom B12BR,2BA$1.37
The Grove at Stone Park1 Bedroom Deluxe1BR,1.5BA$1.26
Berry Hill ApartmentsTWO BEDROOM2BR,2BA$1.36
Broadstreet at EastChase2 BR 1 BA (984 SF)2BR,1BA$1.37
Barrington PlaceDunwoody1BR,1BA$1.27
The Mill at AuburnB1 Flooring2BR,2BA$0.98
Oakley Cove Apartments2 Beds, 1 bath2BR,1BA$1.16
Summer Wind Apartments1x11BR,1BA$1.19

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Getting Around Franklin, AL

Walk Score®

2 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

22 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Franklin Apartments

How much is rent for a Cheap One Bedroom Franklin Apartment?

The lowest price for a Cheap One Bedroom Franklin Apartment is $935 at The Greens at Auburn I/II.

What is the lowest price for a Cheap Two Bedroom Franklin Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Franklin is starting from $995 at Oakley Cove Apartments.

What is the most affordable Franklin Three Bedroom Apartment?

The best deal on a cheap Franklin Three Bedroom Apartment rental is at Logan Square and starts from $875.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.