
Cheap Apartments for Rent in Franklin, LA from $500 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin.


Stone Bridge

City Heights Magnolia (C.H.A.M.)

Acadian Point Apartments

Admiral Pointe

Colonial Estates

Iberia South (Patriot Point of New Iberia)

CityParc

The Arts Apartments At Broussard Crossing

Emberwood Apartments

Elora Place

Santa Rosa

Riverside At Oakbourne Townhomes

Grove At Plantation

Reserve at Squirrel Run

Bayou Reserve

Mainstreet Annex at River Ranch

213 N Suire St

710 W St Peter St

136 E Washington St

2304 1st St

710 Bayside St

410 S Granger St

111 W Putnam Ave

430 Hebert St

705 E Paul St
Franklin, LA Local Guide

How much does it cost to rent an apartment in Franklin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Franklin Studio Apartments | $1,074 | $1,049 | $1,099 |
Franklin 1 Bedroom Apartments | $1,108 | $750 | $2,223 |
Franklin 2 Bedroom Apartments | $1,420 | $795 | $2,312 |
Franklin 3 Bedroom Apartments | $1,970 | $518 | $2,501 |
Franklin 4 Bedroom Apartments | $1,675 | $1,251 | $2,100 |
Browse Top Apartments in Franklin
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Franklin, LA Local Guide
- Nearby Cities
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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 $518. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Stone Bridge | 3 Bed 2 Bath | 3BR,2BA | $518 |
City Heights Magnolia (C.H.A.M.) | 1x1 | 1BR,1BA | $750 |
Garden Heights Apartments | One Bed One Bath | 1BR,1BA | $750 |
Acadian Point Apartments | A1 1 BEDROOM 1 BATH | 1BR,1BA | $775 |
Admiral Pointe | 2 Bed 1 Bath | 2BR,1BA | $795 |
Iberia South (Patriot Point of New Iberia) | 1 Bed 1 Bath | 1BR,1BA | $825 |
CityParc | A2 | 1BR,1BA | $880 |
The Arts Apartments At Broussard Crossing | A1 | 1BR,1BA | $887 |
Emberwood Apartments | Pinecone | 1BR,1BA | $965 |
Elora Place | A1 | 1BR,1BA | $983 |
Best Value Apartments for Rent in Franklin, LA and Nearby
As of March 14, 2025 the best value apartment in the Franklin area is the $1.23 price per square foot B4 Model at The Highlands Lafayette in the in the Central Lafayette Parish neighborhood starting from $1,872. The second greatest value Franklin apartment is the C1 Model at Plantation Crossing starting at $1,630 with a $1.22 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Highlands Lafayette | B4 | 2BR,2BA | $1.23 |
Plantation Crossing | C1 | 3BR,2BA | $1.22 |
The Cottage at Southpark | 3 Bed 2 Bath Cottage | 3BR,2BA | $1.24 |
Riverside At Oakbourne Townhomes | Two Bedroom | 2BR,1.5BA | $1.11 |
Elora Place | A1 | 1BR,1BA | $1.15 |
Stone Bridge | 1 Bed 1 Bath | 1BR,1BA | $0.85 |
Admiral Pointe | 2 Bed 1 Bath | 2BR,1BA | $0.96 |
Reserve at Squirrel Run | The Evangeline | 1BR,1BA | $1.29 |
City Heights Magnolia (C.H.A.M.) | 1x1 | 1BR,1BA | $1.05 |
Acadian Point Apartments | A1 1 BEDROOM 1 BATH | 1BR,1BA | $1.19 |
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Best Local Schools in Franklin, LA
W.P. Foster Elementary School
Franklin Senior High School
Franklin Junior High School
School data provided by Great Schools
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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 $518.
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.

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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.

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.