
Homes for Rent in Franklin, IN Under $1,500 (11 Rentals)


1057 Torino Ct
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.

1975 Crescent St

1939 Mach Ln
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.

1199 Hospital Rd

1410 E Jefferson St
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.

648 N Main St

702 Delbrook Dr
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!

499 E Main St

99 1/2 E Pearl St

4241 W Whiteland Rd
Franklin, IN Local Guide

How much does it cost to rent a home in Franklin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Franklin 2 Bedroom Homes for Rent | $1,148 | $1,050 | $1,295 |
Franklin 3 Bedroom Homes for Rent | $1,777 | $1,299 | $2,320 |
Franklin 4 Bedroom Homes for Rent | $2,317 | $1,839 | $2,935 |
Franklin 5 Bedroom Homes for Rent | $2,525 | $2,450 | $2,600 |
Browse Top Homes for Rent in Franklin
Explore Franklin
Franklin, IN Local Guide
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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.
Frequently Asked Questions about Franklin
What type of rentals are currently available in Franklin?
There are currently 63 Apartments for Rent in Franklin, IN with pricing that ranges from $750 to $2,988. There are also 73 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $900 to $2,935.
What is the current price range for Rental Homes in Franklin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Franklin ranges from $900 to $2,935 with an average monthly rent of $1,760.
How much are larger Three and Four Bedroom Rentals in Franklin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Franklin range from $1,296 to $2,988, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,299 to $2,320. Four Bedroom Single-Family rentals are also available starting from $1,839 and Four Bedroom Apartments start at $1,720.
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.