Cheap Apartments for Rent in Franklin, AL from $500 (10 Rentals)

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The Union Auburn
2 to 6 Bedroom Apartments

The Union Auburn

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

Woodland Hills

830 N Donahue DrAuburn, AL 36832
Utilities inc.

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 - Historical Access in the Downtown Auburn neighborhood priced from $685. 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 Square - Historical Access3BR/3BA - C23BR,3BA$685
The Fairways at Auburn I/IIClassic Deluxe II/IV1BR,1BA$935
The Greens at Auburn I/IIClassic Deluxe II1BR,1BA$935

Best Value Apartments for Rent in Franklin, AL and Nearby

As of February 27, 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 North Auburn neighborhood starting from $2,600. The second greatest value Franklin apartment is the Two Bedroom Two and 1/2 Bath Premium Model at The Domain On Donahue starting at $1,150 with a $0.79 price per square foot in the North 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
The Domain On DonahueTwo Bedroom Two and 1/2 Bath Premium2BR,2.5BA$0.79
Broadstreet at EastChase2 BR 2 BA (1097 SF)2BR,2BA$1.34
319 Bragg2 Bedroom 2 Bathroom B12BR,2BA$1.37
Saddleback Ridge ApartmentsThree Bedroom Two Bath3BR,2BA$1.53
The Grove at Stone Park1 Bedroom Deluxe1BR,1.5BA$1.26
Oakley Cove Apartments2 Beds, 1 bath2BR,1BA$1.16
The Mill at AuburnB1 Flooring2BR,2BA$0.96
Summer Wind Apartments1x11BR,1BA$1.19
Barrington PlaceAshton1BR,1BA$1.46

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Franklin, AL Rentals by Map

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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

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 - Historical Access and starts from $685.

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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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.

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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.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.