601 Boyd Mill Ave
FranklinTN37064
Cheap Homes for Rent in Franklin, TN from $1,500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.
5766 Stone Brook Dr
BrentwoodTN37027
815 Brentwood Pt
BrentwoodTN37027
815 Brentwood Pointe
BrentwoodTN37027
106 Brentwood Pointe
BrentwoodTN37027
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.
903 Granville Rd
FranklinTN37064
5822 Brentwood Trace
BrentwoodTN37027
1101 Downs Blvd, Unit 151
1101 Downs Blvd
FranklinTN37064
2513 Kennedy Ct
FranklinTN37064
715 Castle Dr
FranklinTN37067
Nashville's Best Affordable Neighborhoods
Learn about Nashville and the best places to live with original content written by our Local Expert Brandie Parton
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Franklin, TN Local Guide
Historic Downtown Franklin by Wiki User: Ichabod is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin 2 Bedroom Homes for Rent | $2,216 | $1,700 | $3,500 |
| Franklin 3 Bedroom Homes for Rent | $3,075 | $2,100 | $6,295 |
| Franklin 4 Bedroom Homes for Rent | $3,945 | $2,400 | $8,500 |
| Franklin 5 Bedroom Homes for Rent | $5,450 | $5,400 | $5,500 |
Browse Top Homes for Rent in Franklin
Explore Franklin
Franklin, TN Local Guide
- Franklin Neighborhoods
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Cheapest Neighborhoods for Apartments in Franklin, TN
Pricing Updated: 04/26/2025Current apartment rentals in the Franklin, TN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Franklin Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Franklin | $3,479 | $1,249 | 138 |
Cheapest Available Franklin Apartments for Rent
The cheapest available apartment rental in Franklin, TN is a 2 Beds unit found at Heritage Place in the Garden Club Estates neighborhood priced from $1,249. Franklin Manor Apartments in the Downtown Franklin neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here is today’s list of the most affordable Franklin apartments for rent:
| 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 |
| Carrington Hills | Dominion | 1BR,1BA | $1,302 |
Best Value Apartments for Rent in Franklin, TN
As of April 26, 2025 the best value apartment in the Franklin area is the $1.80 price per square foot Derby Model at Simmons Ridge in the in the Garden Club Estates neighborhood starting from $3,625. The second greatest value Franklin apartment is the Colonial B Model at 780 Townhomes starting at $3,400 with a $1.78 price per square foot in the Garden Club Estates 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. |
|---|---|---|---|
| Simmons Ridge | Derby | 3BR,2.5BA | $1.80 |
| 780 Townhomes | Colonial B | 3BR,3.5BA | $1.78 |
| MAA Cool Springs | Troubadour | 3BR,2BA | $1.81 |
| Sussex Downs | Huntington | 2BR,2BA | $1.56 |
| The Landings of Brentwood Apartments | Brentvale | 2BR,2BA | $1.43 |
| Heritage Place | B2 | 2BR,1.5BA | $1.36 |
| Ashton Brook | A2 Diplomat | 1BR,1BA | $1.72 |
| Franklin Manor Apartments | 2 bd/1 | 2BR,1BA | $1.58 |
| South Wind Apartment Homes | Sodina | 1BR,1BA | $1.85 |
| Harpeth River Oaks | The Maple | 1BR,1BA | $1.82 |
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Frequently Asked Questions about Franklin
What type of rentals are currently available in Franklin?
There are currently 67 Apartments for Rent in Franklin, TN with pricing that ranges from $1,249 to $8,831. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $1,500 to $8,500.
What is the current price range for Rental Homes in Franklin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Franklin ranges from $1,500 to $8,500 with an average monthly rent of $3,277.
How much are larger Three and Four Bedroom Rentals in Franklin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Franklin range from $1,750 to $8,831, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $6,295. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $3,000.
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.
A Nashville Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Brandie Parton
I’m Brandie, your ApartmentHomeLiving.com local expert for Nashville, Tennessee.
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.
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.
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.