
Cheap Homes for Rent in Franklin, TX from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.


813 S Coulter Dr

305 W 27th St, Unit 334

3617 Elaine Dr

3611 Elaine Dr

11351 Oak Lake Rd

3311 Luza Ln
Franklin, TX Local Guide

How much does it cost to rent a home in Franklin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Franklin 2 Bedroom Homes for Rent | $1,473 | $1,300 | $1,895 |
Franklin 3 Bedroom Homes for Rent | $1,936 | $1,400 | $2,800 |
Franklin 4 Bedroom Homes for Rent | $2,100 | $1,600 | $2,600 |
Browse Top Homes for Rent in Franklin
Explore Franklin
Franklin, TX Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Franklin Apartments for Rent and Nearby
 The cheapest available apartment rental in Franklin, TX is a Studio unit found at Villa West Apartments in the Harder Heights neighborhood priced from $569. Camber Villas in the Carver Kemp neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $645. Here is today’s list of the most affordable Franklin apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Villa West Apartments | Efficiency | Studio,1BA | $569 |
Camber Villas | King Ranch TH (D3) Unfurnished | 4BR,4BA | $645 |
The Retreat at 2818 | A1 | 1BR,1BA | $699 |
Best Value Apartments for Rent in Franklin, TX and Nearby
As of April 14, 2025 the best value apartment in the Franklin area is the $1.01 price per square foot 3 BR 3 B Model at Highland Villas in the in the Park Hudson neighborhood starting from $1,272. The second greatest value Franklin apartment is the Three Bedroom Two Bathroom Model at Saddlewood Club starting at $1,237 with a $1.02 price per square foot in the Harder Heights 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. |
---|---|---|---|
Highland Villas | 3 BR 3 B | 3BR,3BA | $1.01 |
Saddlewood Club | Three Bedroom Two Bathroom | 3BR,2BA | $1.02 |
Richmond Ridge Townhomes | A | 2BR,2BA | $1.20 |
Sonoma Apartments | 2/1 | 2BR,1BA | $1.26 |
Fifteen12 at Bryan | B1 | 2BR,2BA | $1.18 |
The Point on Redmond | FW | 2BR,1.5BA | $1.11 |
The Halston | B1 | 2BR,1.5BA | $1.19 |
The Retreat at 2818 | A1 | 1BR,1BA | $1.08 |
College Main Apartments | Plan A | 1BR,1BA | $1.20 |
Huntington Apartments | Unit A | 1BR,1BA | $1.18 |
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.
Frequently Asked Questions about Franklin
What type of rentals are currently available in Franklin?
There are currently 48 Apartments for Rent in Franklin, TX with pricing that ranges from $519 to $3,738. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $700 to $2,800.
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 $700 to $2,800 with an average monthly rent of $1,616.
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 $715 to $3,007, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $519.
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.

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.

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.