Cheap Apartments for Rent in the Downtown Franklin Neighborhood of Franklin, TN from $900 (19 Rentals)

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

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Showing Results 1-19, Page 1 of 1

Downtown Franklin, Franklin, TN Local Guide

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 ListingModel NameBed/BathPriced From
Heritage PlaceB22BR,1BA$1,249
Franklin Manor Apartments1 bd/11BR,1BA$1,300
The Madison FranklinThe Henley1BR,1BA$1,368
Wyndchase Aspen GroveAshlawn Renovated1BR,1BA$1,465
South Wind Apartment HomesSodina1BR,1BA$1,504

Best Value Apartments for Rent in Downtown Franklin, TN

As of April 24, 2025 the best value apartment in the Downtown Franklin area is the $1.78 price per square foot Colonial B Model at 780 Townhomes in the in the Garden Club Estates neighborhood starting from $3,400. The second greatest value Downtown Franklin apartment is the Huntington Model at Sussex Downs starting at $1,634 with a $1.56 price per square foot in the Downtown Franklin neighborhood. Here is today’s list of the best values for Downtown Franklin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
780 TownhomesColonial B3BR,3.5BA$1.78
Sussex DownsHuntington2BR,2BA$1.56
Heritage PlaceB22BR,1.5BA$1.36
Franklin Manor Apartments2 bd/12BR,1BA$1.58
South Wind Apartment HomesSodina1BR,1BA$1.85
Harpeth River OaksThe Maple1BR,1BA$1.90
Grove at Shadow Green ApartmentsA2 Dogwood1BR,1BA$2.07
GreenhavenA11BR,1BA$2.04
Wyndchase Aspen GroveAspen Renovated1BR,1BA$2.09
The Madison FranklinThe Oxford1BR,1BA$2.05

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Pet Friendly Lifestyle
Downtown Franklin, Franklin, TN

Ranked #2

Among neighborhoods in Franklin, TN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 Grove at Shadow Green Apartments and starts from $2,392.

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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.