Cheap Apartments for Rent in the Franklin Park Neighborhood of Columbus, OH from $700 (14 Rentals)

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

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196 Miller Ave
2 Bedroom Apartments

196 Miller Ave

196 Miller AveColumbus, OH 43205
  • Utilities Included
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Park Towers
Studio Apartments

Park Towers

1620 E Broad StColumbus, OH 43203
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1621-1631 Oak St
3 Bedroom Apartments

1621-1631 Oak St

1621-1631 Oak StColumbus, OH 43205

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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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1954 E Main St
Studio Apartments

1954 E Main St

1954 E Main StColumbus, OH 43205
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Fairwood Commons
1 to 2 Bedroom Apartments

Fairwood Commons

1774 E Main StColumbus, OH 43205
Senior Living
  • Utilities Included
  • Low Income
  • Smoke Free
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1485 Oak St
1 to 2 Bedroom Apartments

1485 Oak St

1485 Oak StColumbus, OH 43205
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Parkwood HQ
1 Bedroom Apartments

Parkwood HQ

40 Parkwood AveColumbus, OH 43203
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Park Plaza
2 Bedroom Apartments

Park Plaza

1505 Franklin Park SColumbus, OH 43205

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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 Fairwood Commons priced from $764. 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
Fairwood Commons1 Bedroom1BR,1BA$764
610-ROYAL YORK APARTMENTS, LLC1 Bedroom 1 Bath1BR,1BA$839
Franklin Park Apartments1BR/1.0BA1BR,1BA$850
THE STATION at Trolley DistrictStudio - StandardStudio,1BA$1,129
Parkview ArmsStratford3BR,2BA$3,100

Best Value Apartments for Rent in Franklin Park, OH

As of May 08, 2026 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 Commons1 Bedroom1BR,1BA$0.96
Franklin Park ApartmentsRenovated - Square 1 Bedroom1BR,1BA$1.80
THE STATION at Trolley DistrictStudio - PremiumStudio ,1BA$2.45

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 Fairwood Commons which is listed at $764, 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 19 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 $1,463 which is $2,037 cheaper than the average rent for all rentals in Franklin Park.

Expert Rental Resources

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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