
Cheap Apartments for Rent in Franklin, AL from $500 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin.


Notasulga Villas

The Fairways at Auburn I/II

The Greens at Auburn I/II

Summer Wind Apartments

Oakley Cove Apartments

Summer Brooke Apartments

Saddleback Ridge Apartments

Village West Apartments II

1906 Colvert St

634 W Magnolia Ave

86993 Tallassee Hwy
Franklin, AL Local Guide

How much does it cost to rent an apartment in Franklin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Franklin Studio Apartments | $1,823 | $1,700 | $1,885 |
Franklin 1 Bedroom Apartments | $1,320 | $662 | $2,020 |
Franklin 2 Bedroom Apartments | $1,363 | $800 | $2,238 |
Franklin 3 Bedroom Apartments | $1,903 | $565 | $2,800 |
Franklin 4 Bedroom Apartments | $1,171 | $510 | $2,250 |
Browse Top Apartments in Franklin
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Franklin, AL Local Guide
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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 Greens 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Logan Square | C3 Premium Townhome | 3BR,3BA | $875 |
The Greens at Auburn I/II | Classic Deluxe II | 1BR,1BA | $935 |
The Fairways at Auburn I/II | Classic Deluxe II/IV | 1BR,1BA | $935 |
Summer Wind Apartments | 1x1 | 1BR,1BA | $950 |
Oakley Cove Apartments | 2 Beds, 1 bath | 2BR,1BA | $995 |
Best Value Apartments for Rent in Franklin, AL and Nearby
As of March 24, 2025 the best value apartment in the Franklin area is the $1.37 price per square foot The ONE-24 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
THE ONE-AUBURN | The ONE-24 | 3BR,3.5BA | $1.37 |
Creekside of Auburn | 3 Bedroom Flat | 3BR,3BA | $0.77 |
The Morgan | Two Bedrooms, Two Bathrooms Pl | 2BR,2BA | $1.44 |
319 Bragg | 2 Bedroom 2 Bathroom B1 | 2BR,2BA | $1.37 |
The Grove at Stone Park | 1 Bedroom Deluxe | 1BR,1.5BA | $1.26 |
Berry Hill Apartments | TWO BEDROOM | 2BR,2BA | $1.37 |
Barrington Place | Dunwoody | 1BR,1BA | $1.27 |
Oakley Cove Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.16 |
The Mill at Auburn | B1 Flooring | 2BR,2BA | $0.98 |
Summer Wind Apartments | 1x1 | 1BR,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.

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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.

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.