
Cheap Apartments for Rent in the Downtown Franklin Neighborhood of Franklin, TN from $900 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Franklin area of Franklin.


Franklin Manor Apartments

Wyndchase Aspen Grove

Magnolia Place Apartments

South Wind Apartment Homes

The Madison Franklin

Harpeth River Oaks

Sussex Downs

Artessa Apartments

Vintage Franklin

Greenhaven
Nashville's Best Affordable Neighborhoods
Learn about Nashville and the best places to live with original content written by our Local Expert Brandie Parton

Dwell at McEwen

Grove at Shadow Green Apartments

McEwen Northside

The Whitney Franklin

1011 Murfreesboro Rd
Downtown Franklin, Franklin, TN Local Guide

How much does it cost to rent an apartment in Downtown Franklin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Franklin Studio Apartments | $1,918 | $1,918 | $1,918 |
Downtown Franklin 1 Bedroom Apartments | $1,942 | $1,250 | $4,757 |
Downtown Franklin 2 Bedroom Apartments | $2,502 | $1,345 | $5,079 |
Downtown Franklin 3 Bedroom Apartments | $3,335 | $1,750 | $4,797 |
Downtown Franklin 4 Bedroom Apartments | $3,831 | $3,769 | $3,894 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Downtown Franklin Neighborhood of Franklin, TN.
See all Apartments in FranklinExplore Franklin
Downtown Franklin, Franklin, TN Local Guide
- Nearby Franklin neighborhoods
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Cheapest Available Downtown Franklin Apartments for Rent
 The cheapest available apartment rental in the Downtown Franklin area of Franklin, TN is a 2 Beds unit found at Heritage Place priced from $1,249. Franklin Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here are the most affordable Downtown Franklin apartments for rent in Franklin, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Heritage Place | B2 | 2BR,1BA | $1,249 |
Franklin Manor Apartments | 1 bd/1 | 1BR,1BA | $1,300 |
South Wind Apartment Homes | Sodina | 1BR,1BA | $1,355 |
The Madison Franklin | The Henley | 1BR,1BA | $1,366 |
Wyndchase Aspen Grove | Aspen Renovated | 1BR,1BA | $1,426 |
Best Value Apartments for Rent in Downtown Franklin, TN
As of March 16, 2025 the best value apartment in the Downtown Franklin area is the $1.23 price per square foot 528 Antebellum Ct Model at 528 Antebellum Ct in the in the Downtown Franklin neighborhood starting from $2,899. The second greatest value Downtown Franklin apartment is the 4A - Winstead Townhome with Attached Garage Model at Oakbrook Townhomes starting at $3,784 with a $1.75 price per square foot in the Garden Club Estates neighborhood. Here is today’s list of the best values for Downtown Franklin apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
528 Antebellum Ct | 528 Antebellum Ct | 3BR,2BA | $1.23 |
Oakbrook Townhomes | 4A - Winstead Townhome with Attached Garage | 4BR,3.5BA | $1.75 |
780 Townhomes | Colonial B | 3BR,3.5BA | $1.78 |
The Whitney Franklin | Harlinsdale | 2BR,2BA | $1.55 |
Sussex Downs | Huntington | 2BR,2BA | $1.52 |
The Madison Franklin | The Ashton | 2BR,1.5BA | $1.71 |
Franklin Manor Apartments | 2 bd/1 | 2BR,1BA | $1.58 |
South Wind Apartment Homes | Sodina | 1BR,1BA | $1.66 |
Grove at Shadow Green Apartments | A2 Dogwood | 1BR,1BA | $2.14 |
Wyndchase Aspen Grove | Aspen Renovated | 1BR,1BA | $2.01 |
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Pet Friendly LifestyleDowntown Franklin, Franklin, TN
Ranked #2
Among neighborhoods in Franklin, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Downtown Franklin Neighborhood in Franklin, TN
Walk Score®
65 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
50 / 100
Bikeable
Some bike infrastructure
Transit Score®
26 / 100
Some Transit
A few nearby public transportation options
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 Downtown Franklin Apartments
How much is rent for a Cheap One Bedroom Downtown Franklin Apartment?
The lowest price for a Cheap One Bedroom Downtown Franklin Apartment is $1,300 at Franklin Manor Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Franklin Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Franklin is starting from $1,249 at Heritage Place.
What is the most affordable Downtown Franklin Three Bedroom Apartment?
The best deal on a cheap Downtown Franklin Three Bedroom Apartment rental is at Wyndchase Aspen Grove and starts from $2,268.
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.