
Cheap Apartments for Rent in Franklin, LA from $600 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin.


Sugarland Terrace

Acadian Point Apartments

Stone Bridge

Garden Heights Apartments

City Heights Magnolia C.H.A.M.

The Arts Apartments At Broussard Crossing

Colonial Estates

Iberia South (Patriot Point of New Iberia)
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.

Emberwood Apartments

CityParc

Grove At Plantation

Elora Place

Riverside At Oakbourne Townhomes

Bayou Reserve

Mainstreet Annex at River Ranch
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.

Reserve at Squirrel Run

The Plantation at Lafayette

Waterview Apartment Homes

Plantation Crossing

Lafayette Gardens

Audubon Lake Apartment Homes

311 4th St

3350 LA-1

120 Oak Ridge Ave
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.

1164 Par Rd 150

1304 Young 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 | $1,088 | $1,063 | $1,113 |
Franklin 1 Bedroom Apartments | $1,164 | $724 | $2,850 |
Franklin 2 Bedroom Apartments | $1,494 | $850 | $3,650 |
Franklin 3 Bedroom Apartments | $1,965 | $694 | $2,664 |
Franklin 4 Bedroom Apartments | $1,449 | $745 | $2,100 |
Browse Top Apartments in Franklin
See all Apartments in FranklinExplore Franklin
Franklin, LA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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. Garden Heights Apartments in the Central Lafayette 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 | $720 |
Garden Heights Apartments | One Bed One Bath | 1BR,1BA | $750 |
City Heights Magnolia C.H.A.M. | 1x1 | 1BR,1BA | $750 |
Iberia South (Patriot Point of New Iberia) | 1 Bed 1 Bath | 1BR,1BA | $825 |
Admiral Pointe | 2 Bed 1 Bath | 2BR,1BA | $895 |
Acadian Point Apartments | B1 2 BEDROOM 1 BATH | 2BR,1BA | $899 |
CityParc | A3 | 1BR,1BA | $900 |
Santa Rosa | SR11MR | 1BR,1BA | $925 |
Grove At Plantation | 1 Bed 1.0 Bath | 1BR,1BA | $931 |
Elora Place | A1 | 1BR,1BA | $983 |
Best Value Apartments for Rent in Franklin, LA and Nearby
As of May 16, 2025 the best value apartment in the Franklin area is the $1.23 price per square foot 4 Bedroom Model at Canebrake Landings in the in the Central Lafayette Parish neighborhood starting from $2,100. The second greatest value Franklin apartment is the B5 Model at The Highlands Lafayette starting at $1,788 with a $1.11 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. |
---|---|---|---|
Canebrake Landings | 4 Bedroom | 4BR,2BA | $1.23 |
The Highlands Lafayette | B5 | 2BR,2BA | $1.11 |
Riverside At Oakbourne Townhomes | Two Bedroom | 2BR,1.5BA | $1.11 |
Emberwood Apartments | Magnolia | 2BR,2BA | $1.07 |
Acadian Point Apartments | B1 2 BEDROOM 1 BATH | 2BR,1BA | $1.01 |
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 | $1.08 |
Colonial Estates | 2 Bedroom | 2BR,1BA | $1.19 |
City Heights Magnolia C.H.A.M. | 1x1 | 1BR,1BA | $1.05 |
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 Franklin, LA
W.P. Foster Elementary School
Franklin Senior High School
Franklin Junior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Franklin, LA Rentals by Map
See the most popular apartments and homes in Franklin, LA
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 $850 at City Heights Magnolia C.H.A.M..
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.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.