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from $1,250Built in 20231 Bedroom Apartments Available May 27
Founders Pointe Apartments
7505 Founders WayFranklin, IN 46131
Top Rated New Apartments for Rent in Franklin, IN (8 Rentals)
Apartments in Franklin with the best features, newest construction, and richest amenities.
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Rent Specials
from $1,395Built in 20241 to 3 Bedroom Apartments Available Now
Arlington Farms
2755 Red Bloom DrGreenwood, IN 46143
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Rent Specials
from $1,340Built in 2023Studio to 3 Bedroom Apartments Available Now
ARLO Apartments
5945 Arlo DrIndianapolis, IN 46237
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Rent Specials
from $1,244Built in 2023Studio to 2 Bedroom Apartments Available Now
The Madison at Greenwood
523 S Madison AveGreenwood, IN 46142
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Rent Specials
from $1,393Built in 20231 to 3 Bedroom Apartments Available Now
The Hangar on Emerson Apartments
1140 E Emerson Pointe DrGreenwood, IN 46143
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.
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Rent Specials
from $1,849Built in 20212 Bedroom Apartments Available Now
Redwood Greenwood
5934 Redwood WayGreenwood, IN 46143
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Franklin - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
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Franklin, IN Local Guide
Johnson County courthouse in Franklin by Mingusboodle is licensed under Public Domain
How much does it cost to rent an apartment in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Studio Apartments | $1,203 | $750 | $1,390 |
| Franklin 1 Bedroom Apartments | $1,276 | $819 | $2,032 |
| Franklin 2 Bedroom Apartments | $1,589 | $920 | $2,643 |
| Franklin 3 Bedroom Apartments | $1,972 | $1,296 | $2,988 |
| Franklin 4 Bedroom Apartments | $2,117 | $1,720 | $2,640 |
Explore Franklin
Franklin, IN Local Guide
- Franklin Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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If you’re an expert on all things Franklin, tell us what you love (and don't) by rating it and writing a review.
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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 New Franklin Apartments
What is the Cheapest New apartment in Franklin?
Currently the most affordable New Apartment in Franklin is at Alder Woods LLC listed at $1,195.
How much is the average rent for a New Franklin Apartment?
The average rent for a New Apartment in Franklin is $1,583.
What is the largest New Franklin Apartment for rent?
Today's New apartment with the most square footage in Franklin is a 1,595 square feet unit starting from $1,325 at Maverick Modern Apartments.
What is the average size for Franklin New Apartments for rent?
The average size for a New rental in Franklin is currently at 683 sq ft.
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.
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.