
Top Rated Apartments for Rent in Franklin, IN Under $2,000 (15 Rentals)
Apartments in Franklin with the best features, newest construction, and richest amenities.

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.

Arlington Farms

ARLO Apartments

The Madison at Greenwood
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.

Courts of Valle Vista

Autumn Chase

Keeneland Crest Apartments
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.

Copper Chase at Stones Crossing

Hartshire Lakes Apartments

The Hangar on Emerson Apartments
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!

Redwood Greenwood

Latitudes Apartments

Devonshire Apartments
Franklin, IN Local Guide

How much does it cost to rent an apartment in Franklin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Franklin Studio Apartments | $1,206 | $750 | $1,390 |
Franklin 1 Bedroom Apartments | $1,278 | $822 | $2,067 |
Franklin 2 Bedroom Apartments | $1,579 | $920 | $2,626 |
Franklin 3 Bedroom Apartments | $1,971 | $1,296 | $2,990 |
Franklin 4 Bedroom Apartments | $2,117 | $1,720 | $2,640 |
Explore Franklin
Franklin, IN Local Guide
- Franklin Neighborhoods
- Nearby Cities
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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.
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 Franklin
How much are Studio apartments in Franklin?
There are currently 4 Studio Apartments in Franklin with rent ranges from $750 to $1,390 with an average price of $1,630.
What is the current price range for One Bedroom Franklin Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Franklin ranges from $822 to $2,067 with an average monthly rent of $1,278.
What does renting a Two Bedroom Apartment in Franklin cost?
The monthly rent prices of Two Bedroom Apartments currently available in Franklin range from $920 to $2,626. Today's average rental price for Two Bedrooms here is $1,579.
How expensive are Franklin Three Bedroom Apartments?
There are currently 29 Three Bedroom Apartments listings available in Franklin on ApartmentHomeLiving.com. The pricing ranges from $1,296 to $2,990 - averaging $1,971 for the location.
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.