
Cheap Apartments for Rent in the Heritage Neighborhood of Franklin, IN from $900 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Heritage area of Franklin.


The Row Apartments

Lakeview Apartments
Heritage, Franklin, IN Local Guide

How much does it cost to rent an apartment in Heritage?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Heritage 1 Bedroom Apartments | $1,113 | $1,079 | $1,209 |
Heritage 2 Bedroom Apartments | $1,273 | $1,199 | $1,400 |
Heritage 3 Bedroom Apartments | $1,681 | $1,449 | $2,200 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 3 mile radius of the Heritage Neighborhood of Franklin, IN.
See all Apartments in FranklinExplore Franklin
Heritage, Franklin, IN Local Guide
- Nearby Franklin neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Heritage Apartments for Rent
 The cheapest available apartment rental in the Heritage area of Indianapolis, IN is a 2 Beds unit found at The Row Apartments priced from $1,099. Brixin Franklin has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,595. Here are the most affordable Heritage apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Row Apartments | The Picket | 2BR,1BA | $1,099 |
Brixin Franklin | D1r | 3BR,2BA | $1,595 |
The Links at Franklin | L3 | 3BR,2BA | $1,769 |
Best Value Apartments for Rent in Heritage, IN
As of March 28, 2025 the best value apartment in the Heritage 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 Heritage apartment is the 1267 Yellowstone Way Model at 1267 Yellowstone Way starting at $2,000 with a $0.99 price per square foot in the Cityview Farm neighborhood. Here is today’s list of the best values for Heritage apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2156 Olympia Dr | 2156 Olympia Dr | 3BR,2.5BA | $0.92 |
1267 Yellowstone Way | 1267 Yellowstone Way | 3BR,2.5BA | $0.99 |
The Links at Franklin | L3-SUN | 3BR,2BA | $1.16 |
1356 Fiesta Dr | 1356 Fiesta Dr | 3BR,2.5BA | $1.13 |
2426 Woodfield Blvd | 2426 Woodfield Blvd | 3BR,2BA | $1.30 |
Brixin Franklin | D1r | 3BR,2BA | $1.20 |
1335 Grand Canyon Cir | 1335 Grand Canyon Cir | 3BR,2BA | $1.33 |
2071 Bridlewood Dr | 2071 Bridlewood Dr | 3BR,2BA | $1.34 |
77 E Jefferson St, Unit 77 | 77 E Jefferson St | 2BR,1BA | $1.50 |
The Row Apartments | The Picket | 2BR,1BA | $1.29 |
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.
Pet Friendly Lifestyle
Ranked #
Pet Friendliness Lifestyle Score
Best Local Schools in Heritage, Franklin, IN
Franklin Community High School
Franklin Community Middle School
School data provided by Great Schools
Best Local Schools in Heritage, Franklin, IN
Franklin Community High School
Franklin Community Middle School
School data provided by Great Schools
Getting Around the Heritage Neighborhood in Franklin, IN
Walk Score®
9 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
29 / 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 Heritage Apartments
What is the lowest price for a Cheap Two Bedroom Heritage Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Heritage is starting from $1,099 at The Row Apartments.
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.

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.