
Cheap Apartments for Rent in the Franklin Neighborhood of Provo, UT from $300 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Franklin area of Provo.


718 W 1720 N

331 Belmont Pl

392 N Seven Peaks Blvd

364 N Seven Peaks Blvd

345 Belmont Pl
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.

1559 N 550 W

1559 N Riverside Ave #10, Unit Riverside #10/private room #1 contract

1559 Riverside Ave

389 Belmont Pl

595 N University Ave

437 Belmont Pl

532 N Seven Peaks Blvd

455 Belmont Pl
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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

432 N Seven Peaks Blvd

483 Belmont Pl

150 N 100 E

345 W 200 S
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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Franklin, Provo, UT Local Guide

How much does it cost to rent an apartment in Franklin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Franklin Studio Apartments | $1,254 | $850 | $2,200 |
Franklin 1 Bedroom Apartments | $1,281 | $575 | $1,799 |
Franklin 2 Bedroom Apartments | $1,634 | $1,150 | $3,725 |
Franklin 3 Bedroom Apartments | $1,790 | $395 | $2,624 |
Franklin 4 Bedroom Apartments | $1,049 | $395 | $2,195 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Franklin Neighborhood of Provo, UT.
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Franklin, Provo, UT Local Guide
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Cheapest Available Franklin Apartments for Rent
 The cheapest available apartment rental in the Franklin area of Provo, UT is a 2 Beds unit found at Campus Edge priced from $390. Glenwood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $435. Here are the most affordable Franklin apartments for rent in Provo, UT:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Campus Edge | CE 2BD/1BA | 2BR,1BA | $390 |
Glenwood | Upgraded w/ Pantry | 3BR,2BA | $435 |
Campus Way | Unit #140 | 1BR,1BA | $807 |
The Freehand | Standard Studio | Studio,1BA | $1,114 |
The Station at Mill Race | S1 | Studio,1BA | $1,149 |
Best Value Apartments for Rent in Franklin, UT
As of May 11, 2025 the best value apartment in the Franklin area is the $0.23 price per square foot 504 W 1720 N Model at 504 W 1720 N, Unit 504 in the in the University neighborhood starting from $485. The second greatest value Franklin apartment is the Reef Model at Towns at Rivers Edge starting at $2,549 with a $1.47 price per square foot in the University 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. |
---|---|---|---|
504 W 1720 N, Unit 504 | 504 W 1720 N | 4BR,2BA | $0.23 |
Towns at Rivers Edge | Reef | 3BR,3BA | $1.47 |
724 W 1720 N, Unit 228 | 724 W 1720 N | 4BR,4BA | $0.29 |
45 E 400 S, Unit #7 | 45 E 400 S | 3BR,3BA | $1.51 |
Glenwood | Upgraded w/ 2 Fridges | 3BR,2BA | $0.40 |
Slate Canyon | 3 Bedroom | 2 Bathroom | 3BR,2BA | $1.58 |
Sixty Three Center | Timpanogos | 2BR,2BA | $1.81 |
Timpanogos Towers | 1x1 | 1BR,1BA | $1.72 |
Blueridge | 1x1 | 1BR,1BA | $0.68 |
Palladium | 1x1 | 1BR,1BA | $2.00 |
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 LifestyleFranklin, Provo, UT
Ranked #36
Among neighborhoods in Provo, UT for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Franklin Neighborhood in Provo, UT
Walk Score®
64 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
61 / 100
Bikeable
Some bike infrastructure
Transit Score®
38 / 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 Franklin Apartments
What is a cheap apartment in Franklin?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Franklin is under $1,199.
What is the price of a cheap apartment in Franklin?
The cheapest apartment in Franklin is Campus Way which is listed at $807, while the average apartment in Franklin costs $1,890.
What types of apartments are the cheapest in Franklin?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Franklin that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Franklin?
Cheap apartments in Franklin have an average cost of $105 which is $1,785 cheaper than the average rent for all rentals in Franklin.
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.