
Cheap Homes for Rent in Franklin, AL from $800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.


3007 Old Columbus Rd

248 E Veterans Blvd

307 E Veterans Blvd

520 Hardwich St

1954 Panda Ct

2805 Camellia St

836 W Glenn Ave

741 Lakeview Ridge Cir

2863 Kingman Dr
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Franklin, AL Local Guide

How much does it cost to rent a home in Franklin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Franklin 2 Bedroom Homes for Rent | $1,850 | $1,600 | $2,300 |
Franklin 3 Bedroom Homes for Rent | $2,007 | $1,300 | $3,500 |
Franklin 4 Bedroom Homes for Rent | $2,577 | $2,200 | $3,200 |
Franklin 5 Bedroom Homes for Rent | $3,075 | $3,000 | $3,150 |
Franklin 7 Bedroom Homes for Rent | $850 | $850 | $850 |
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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 1 Bed unit found at The Greens at Auburn I/II in the South Auburn neighborhood priced from $935. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
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 |
Oakley Cove Apartments | 2 Beds, 1 bath | 2BR,1BA | $995 |
Best Value Apartments for Rent in Franklin, AL and Nearby
As of April 18, 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 Model at The Grove at Stone Park starting at $1,549 with a $1.01 price per square foot in the Outer East 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~22 | 3BR,3.5BA | $1.52 |
The Grove at Stone Park | 3 Bedroom | 3BR,2BA | $1.01 |
Creekside of Auburn | 3 Bedroom Flat | 3BR,3BA | $0.77 |
319 Bragg | 2 Bedroom 2 Bathroom B1 | 2BR,2BA | $1.37 |
The Mill at Auburn | B1 Flooring | 2BR,2BA | $1.04 |
Oakley Cove Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.16 |
Saddleback Ridge Apartments | Two Bedroom Two Bath | 2BR,2BA | $1.38 |
Broadstreet at EastChase | 1 BR 1BA (822 SF) | 1BR,1BA | $1.51 |
Summer Wind Apartments | 1x1 | 1BR,1BA | $1.47 |
Barrington Place | Ashton | 1BR,1BA | $1.50 |
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Frequently Asked Questions about Franklin
What type of rentals are currently available in Franklin?
There are currently 41 Apartments for Rent in Franklin, AL with pricing that ranges from $545 to $5,750. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $800 to $3,500.
What is the current price range for Rental Homes in Franklin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Franklin ranges from $800 to $3,500 with an average monthly rent of $1,859.
How much are larger Three and Four Bedroom Rentals in Franklin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Franklin range from $570 to $2,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $545.
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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.

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.