
Cheap Apartments for Rent in the Franklin Park Neighborhood of Columbus, OH from $700 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Franklin Park area of Columbus.


Fairwood Commons

THE STATION at Trolley District

1884-1888 E Rich St
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1681 1/2 Oak St

1683 1/2 Oak St

Park Plaza

245 Miller Ave
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Franklin Park, Columbus, OH Local Guide

How much does it cost to rent an apartment in Franklin Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Park Studio Apartments | $1,278 | $999 | $1,500 |
| Franklin Park 1 Bedroom Apartments | $1,348 | $839 | $2,175 |
| Franklin Park 2 Bedroom Apartments | $2,039 | $1,078 | $2,699 |
| Franklin Park 3 Bedroom Apartments | $2,587 | $2,150 | $3,100 |
| Franklin Park 4 Bedroom Apartments | $1,825 | $1,750 | $1,900 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Franklin Park Neighborhood of Columbus, OH.
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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 Royal York Apartments priced from $839. Franklin Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Franklin Park apartments for rent in Columbus, OH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Royal York Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $839 |
| Franklin Park Apartments | 1 Month free for qualified applicants ** 1br/ 2... | 1BR,1BA | $850 |
| Fairwood Commons | 2 Bedroom | 2BR,1BA | $999 |
Best Value Apartments for Rent in Franklin Park, OH
As of March 23, 2026 the best value apartment in the Franklin Park area is the $1.02 price per square foot 5 Bedroom 5 Bathroom Model at Royal York Apartments 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Royal York Apartments | 5 Bedroom 5 Bathroom | 5BR,5BA | $1.02 |
| Parkview Arms | Stratford | 3BR,2.5BA | $1.55 |
| Fairwood Commons | 2 Bedroom | 2BR,1BA | $0.90 |
| Franklin Park Apartments | Renovated - Square 1 Bedroom | 1BR,1BA | $1.80 |
| THE STATION at Trolley District | Studio - Premium | Studio ,1BA | $2.13 |
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 Royal York Apartments which is listed at $839, 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 10 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 $1,335 which is $2,165 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.
Articles, How-To's, and Tips

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.