Cheap Apartments for Rent in Franklin, AR from $400 (38 Rentals)

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

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West End Social
Studio Apartments

West End Social

1350 Hwy 62 WMountain Home, AR 72653
  • Utilities Included
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West Towne Apartments
2 Bedroom Apartments

West Towne Apartments

2103 W Beebe Capps ExpySearcy, AR 72143
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Grand Apartments
1 to 2 Bedroom Apartments

Grand Apartments

38 Wall StMountain Home, AR 72653
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Showing Results 1-38, Page 1 of 1

Franklin, AR Local Guide

Cheapest Available Franklin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Franklin, AR is a 1 Bed unit found at Breckenridge Apartments priced from $545. Gladiola Estates in the Downtown Jonesboro neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $660. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Breckenridge ApartmentsBreckenridge - 1 Bed 1 Bath with W/D Hookup1BR,1BA$545
Gladiola EstatesStandard 1 Bedroom1BR,1BA$660
Park LakeStandard1BR,1BA$660
Spring River CommonsStudioStudio,1BA$675
The Links at JonesboroCustom1BR,1BA$715
Tara Apartments2 bedroom apartment2BR,1BA$725
The Oak Townhomes2 Bed 1.5 Bath - Morganne Dr2BR,1BA$750
Black River StudiosStudioStudio,1BA$750
Courtyard @ The Corner2x1 Platinum2BR,1BA$775
Grand Oak Place2x12BR,1BA$795

Best Value Apartments for Rent in Franklin, AR and Nearby

As of April 14, 2025 the best value apartment in the Franklin area is the $0.67 price per square foot 1501 Model at 2700 Burke Ave in the starting from $1,200. The second greatest value Franklin apartment is the 2 Bed 1.5 Bath - Morganne Dr Model at The Oak Townhomes starting at $750 with a $0.63 price per square foot . 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.
2700 Burke Ave15012BR,1.5BA$0.67
The Oak Townhomes2 Bed 1.5 Bath - Morganne Dr2BR,1.5BA$0.63
Breckenridge ApartmentsBreckenridge - 2 Bed 2 Bath with W/D Hookup2BR,2BA$0.91
Creekside Village Townhomes2 Bedroom Townhome2BR,1BA$0.98
Sundance Townhomes2 Bed /1.5 Bath2BR,1.5BA$1.15
Parkside1 bedroom1BR,1BA$1.10
Caraway CommonsOne Bedroom1BR,1BA$1.04
Courtyard @ The Corner2x1 TH Platinum2BR,1BA$1.07
Tara Apartments2 bedroom apartment2BR,1BA$0.97
Grand Oak Place2x12BR,1BA$1.08

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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 $545 at Breckenridge Apartments.

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 $565 at Breckenridge Apartments.

What is the most affordable Franklin Three Bedroom Apartment?

The best deal on a cheap Franklin Three Bedroom Apartment rental is at Courtyard @ The Corner 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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.