Cheap Apartments for Rent in Franklin, IN from $700 (16 Rentals)

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Green Acre Apartments
2 Bedroom Apartments

Green Acre Apartments

1700 Preidt CirFranklin, IN 46131
  • Utilities Included
Showing Results 1-16, Page 1 of 1

Franklin, IN Local Guide

Cheapest Available Franklin Apartments for Rent

 

The cheapest available apartment rental in Franklin, IN is a Studio unit found at Waterbury Apartments in the Tracy Commons neighborhood priced from $750. Polo Run Apartments in the Buffalo Creek neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $846. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Waterbury ApartmentsStudioStudio,1BA$750
Polo Run ApartmentsThe Palomino 1 BR 1 BA1BR,1BA$846
The Fairways at Valle Vista1 Bedroom 1 Bath C1BR,1BA$999
Courts of Valle Vista1Bd/1Ba-Dn (BV)1BR,1BA$1,004
Westminster Apartments and TownhomesStafford1BR,1BA$1,055

Best Value Apartments for Rent in Franklin, IN

As of March 27, 2025 the best value apartment in the Franklin area is the $0.92 price per square foot 2156 Olympia Dr Model at 2156 Olympia Dr in the in the Cityview Farm neighborhood starting from $1,895. The second greatest value Franklin apartment is the L3-SUN Model at The Links at Franklin starting at $2,200 with a $1.16 price per square foot in the Cityview Farm 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.
2156 Olympia Dr2156 Olympia Dr3BR,2.5BA$0.92
The Links at FranklinL3-SUN3BR,2BA$1.16
1356 Fiesta Dr1356 Fiesta Dr3BR,2.5BA$1.13
2426 Woodfield Blvd2426 Woodfield Blvd3BR,2BA$1.30
Brixin FranklinD1r3BR,2BA$1.20
Greenwood Oaks2 Bed/2.5 Bath Town Home2BR,2.5BA$1.14
Devonshire ApartmentsThe Wellington2BR,2BA$1.32
Auburn Place ApartmentsMerlot2BR,1.5BA$1.19
Copper Chase at Stones CrossingBismuth1BR,1BA$1.18
The Row ApartmentsThe Picket2BR,1BA$1.29

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Best Local Schools in
Franklin, IN

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Getting Around Franklin, IN

Walk Score®

35 / 100

Car-Dependent

Most errands require a car

Bike Score®

42 / 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

What is the Cheapest Studio apartment in Franklin?

Currently the most affordable Cheap Studio Apartment in Franklin is at Waterbury Apartments listed at $750.

How much is rent for a Cheap One Bedroom Franklin Apartment?

The lowest price for a Cheap One Bedroom Franklin Apartment is $846 at Polo Run 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 $1,099 at The Row Apartments.

What is the most affordable Franklin Three Bedroom Apartment?

The best deal on a cheap Franklin Three Bedroom Apartment rental is at Community Place and starts from $1,430.

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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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.

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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.