Cheap Apartments for Rent in the Franklin Park Neighborhood of Columbus, OH from $700 (9 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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Park Plaza
2 Bedroom Apartments

Park Plaza

1505 Franklin Park SColumbus, OH 43205

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 610-ROYAL YORK APARTMENTS, LLC 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 ListingModel NameBed/BathPriced From
610-ROYAL YORK APARTMENTS, LLC1 Bedroom 1 Bath1BR,1BA$839
Franklin Park Apartments1 Month free for qualified applicants ** 1br/ 2...1BR,1BA$850
THE STATION at Trolley DistrictStudio - Standard1BR,1BA$999

Best Value Apartments for Rent in Franklin Park, OH

As of January 28, 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 1547 E Rich St Model at 1547 E Rich St, Unit 1547 starting at $1,600 with a $1.05 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
1547 E Rich St, Unit 15471547 E Rich St3BR,1.5BA$1.05
245 Miller AveTwo Bed 1 Bath2BR,1BA$1.12
Fairwood Commons1 Bedroom1BR,1BA$1.26
Franklin Park ApartmentsRenovated - Square 1 Bedroom1BR,1BA$1.80
THE STATION at Trolley DistrictStudio - PremiumStudio ,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 $1,100.

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

The cheapest apartment in Franklin Park is 610-ROYAL YORK APARTMENTS, LLC 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 15 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 $1,903 which is $1,597 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

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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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Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.