Cheap Apartments for Rent in Franklin, LA from $700 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in Franklin.

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Franklin, LA Local Guide

Cheapest Available Franklin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Franklin, LA is a 3 Beds unit found at Stone Bridge priced from $720. City Heights Magnolia (C.H.A.M.) in the St Martin Parish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stone Bridge3 Bed 2 Bath3BR,2BA$720
City Heights Magnolia (C.H.A.M.)1x11BR,1BA$750
Garden Heights ApartmentsOne Bed One Bath1BR,1BA$750
Acadian Point ApartmentsA1 1 BEDROOM 1 BATH1BR,1BA$775
Admiral Pointe2 Bed 1 Bath2BR,1BA$795
Iberia South (Patriot Point of New Iberia)1 Bed 1 Bath1BR,1BA$825
CityParcA21BR,1BA$880
The Arts Apartments At Broussard CrossingA11BR,1BA$962
Emberwood ApartmentsPinecone1BR,1BA$965
Elora PlaceA11BR,1BA$983

Best Value Apartments for Rent in Franklin, LA and Nearby

As of March 26, 2025 the best value apartment in the Franklin area is the $1.21 price per square foot 2 Bed 2.5 Bath Townhome Model at The Cottage at Southpark in the in the Central Lafayette Parish neighborhood starting from $1,525. The second greatest value Franklin apartment is the G2 Model at Mainstreet at River Ranch starting at $1,644 with a $1.31 price per square foot in the Central Lafayette Parish 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.
The Cottage at Southpark2 Bed 2.5 Bath Townhome2BR,2.5BA$1.21
Mainstreet at River RanchG22BR,2BA$1.31
Turnberry Townhomestu2-th2BR,1.5BA$1.00
Riverside At Oakbourne TownhomesTwo Bedroom2BR,1.5BA$1.11
Elora PlaceA11BR,1BA$1.15
Stone Bridge1 Bed 1 Bath1BR,1BA$0.85
Admiral Pointe2 Bed 1 Bath2BR,1BA$0.96
Reserve at Squirrel RunThe Evangeline1BR,1BA$1.30
City Heights Magnolia (C.H.A.M.)1x11BR,1BA$1.05
Acadian Point ApartmentsA1 1 BEDROOM 1 BATH1BR,1BA$1.19

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Getting Around Franklin, LA

Walk Score®

26 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 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

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

The lowest price for a Cheap One Bedroom Franklin Apartment is $725 at Stone Bridge.

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 $795 at Admiral Pointe.

What is the most affordable Franklin Three Bedroom Apartment?

The best deal on a cheap Franklin Three Bedroom Apartment rental is at Stone Bridge and starts from $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.

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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.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.