Cheap Apartments for Rent in the Franklin Park Neighborhood of Columbus, OH from $700 (5 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Fairwood Commons
2 Bedroom Apartments

Fairwood Commons

1774 E Main StColumbus, OH 43205
Senior Living
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Park Plaza
2 Bedroom Apartments

Park Plaza

1505 Franklin Park SColumbus, OH 43205

Franklin Park, Columbus, OH Local Guide

Cheapest Available Franklin Park Apartments for Rent

 

The cheapest available apartment rental in the Franklin Park area of Columbus, OH is a 1 Bed unit found at Franklin Park Apartments priced from $825. 610 - ROYAL YORK APARTMENTS, LLC has the second lowest priced unit, which is a 1 Bed apartment currently listed from $839. Here are the most affordable Franklin Park apartments for rent in Columbus, OH:

Apartment ListingModel NameBed/BathPriced From
Franklin Park ApartmentsOne Bedroom1BR,1BA$825
610 - ROYAL YORK APARTMENTS, LLC1 Bedroom 1 Bath1BR,1BA$839
Fairwood Commons2 Bedroom2BR,1BA$963

Best Value Apartments for Rent in Franklin Park, OH

As of June 27, 2025 the best value apartment in the Franklin Park area is the $1.02 price per square foot 5 Bedroom 5 Bathroom Model at 610 - ROYAL YORK APARTMENTS, LLC in the in the Near East Side neighborhood starting from $3,500. The second greatest value Franklin Park apartment is the Stratford Model at Parkview Arms starting at $3,100 with a $1.55 price per square foot in the Near East Side neighborhood. Here is today’s list of the best values for Franklin Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
610 - ROYAL YORK APARTMENTS, LLC5 Bedroom 5 Bathroom5BR,5BA$1.02
Parkview ArmsStratford3BR,2.5BA$1.55
Fairwood Commons2 Bedroom2BR,1BA$0.87
437 Stoddart Ave, Unit 437437 Stoddart Ave2BR,1BA$1.42
THE STATION at Trolley DistrictStudio - PremiumStudio ,1BA$2.56
Franklin Park ApartmentsLarge One Bedroom1BR,1BA$2.00

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Pet Friendly Lifestyle
Franklin Park, Columbus, OH

Ranked #144

Among neighborhoods in Columbus, OH for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the Franklin Park Neighborhood in Columbus, OH

Walk Score®

65 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

67 / 100

Bikeable

Some bike infrastructure

Transit Score®

43 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Franklin Park Apartments

What is a cheap apartment in Franklin Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Franklin Park is under $3,100.

What is the price of a cheap apartment in Franklin Park?

The cheapest apartment in Franklin Park is Franklin Park Apartments which is listed at $825, while the average apartment in Franklin Park costs $3,500.

What types of apartments are the cheapest in Franklin Park?

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 14 regular apartments in Franklin Park 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 Park?

Cheap apartments in Franklin Park have an average cost of $1,438 which is $2,062 cheaper than the average rent for all rentals in Franklin Park.

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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The 10 Best Affordable Neighborhoods in Columbus, OH

Written by: Kim Mooneyham

Although Columbus, Ohio, has a reputation for being a rowdy college town, it's large enough to offer numerous neighborhoods far away from frat houses and street parties after football games.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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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.