
Cheap Apartments for Rent in Franklin County, MO from $400 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin County.


Pacific Village Apartments

Summit Valley Apartments
Franklin County, MO Local Guide

How much does it cost to rent an apartment in Franklin County?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Franklin County 1 Bedroom Apartments | $765 | $675 | $999 |
Franklin County 2 Bedroom Apartments | $1,113 | $775 | $1,350 |
Franklin County 3 Bedroom Apartments | $1,275 | $1,100 | $1,450 |
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Cheapest Available Franklin County Apartments for Rent
 The cheapest available apartment rental in Franklin County, MO is a 1 Bed unit found at 990 S Lay Ave priced from $680. Summit Valley Apartments in the Gray Summit neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $706. Here is today’s list of the most affordable Franklin County apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
990 S Lay Ave | 990 South Lay | 1BR,1BA | $680 |
Summit Valley Apartments | One Bed, One Bath | 1BR,1BA | $706 |
Chapel Ridge of Union | 1 Bedrooms | 1BR,1BA | $999 |
Autumn Leaf Apartment Homes | Bedroom upstairs | 2BR,2BA | $1,150 |
Water Tower Apartments | 2 Beds, 2 baths | 2BR,2BA | $1,350 |
Best Value Apartments for Rent in Franklin County, MO
As of March 27, 2025 the best value apartment in the Franklin County area is the $1.12 price per square foot Bedroom upstairs Model at Autumn Leaf Apartment Homes in the starting from $1,150. The second greatest value Franklin County apartment is the 654 Palisades Dr Model at 654 Palisades Dr starting at $1,100 with a $1.22 price per square foot . Here is today’s list of the best values for Franklin County apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Autumn Leaf Apartment Homes | Bedroom upstairs | 2BR,2BA | $1.12 |
654 Palisades Dr | 654 Palisades Dr | 3BR,1BA | $1.22 |
17 Woodland Oaks Dr, Unit Woodland Oaks | 17 Woodland Oaks Dr | 2BR,1BA | $0.86 |
Summit Valley Apartments | One Bed, One Bath | 1BR,1BA | $0.87 |
Chapel Ridge of Union | 1 Bedrooms | 1BR,1BA | $1.48 |
125 Crescent Lake Rd, Unit 111 | 125 Crescent Lake Rd | 1BR,1BA | $1.04 |
990 S Lay Ave | 990 South Lay | 1BR,1BA | $1.36 |
Frequently Asked Questions about Cheap Franklin County Apartments
What is the price of a cheap apartment in Franklin County?
The cheapest apartment in Franklin County is 990 S Lay Ave which is listed at $680, while the average apartment in Franklin County costs $1,275.
What types of apartments are the cheapest in Franklin County?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in Franklin County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

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.

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.