Cheap Apartments for Rent in the South Franklinton Neighborhood of Columbus, OH from $300 (129 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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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property at 340 St Clair Ave

$900 - $1,200

1 To 2 Bedroom Rentals

Available Now

340 St Clair Ave

ColumbusOH43203

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 418 Catherine St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

2 Bedroom, 1 Bath Townhome for Rent

Available Now

418 Catherine St

ColumbusOH43223

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Where to Rent in Columbus: Mapping Major Employers to Affordable Neighborhoods

Find your next budget-friendly apartment in Columbus, OH. Discover neighborhoods like Clintonville and Near East Side, offering short commutes and a great renter lifestyle near major job centers.

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South Franklinton, Columbus, OH Local Guide

Cheapest Available South Franklinton Apartments for Rent

 

The cheapest available apartment rental in the South Franklinton area of Columbus, OH is a 2 Beds unit found at Nazareth Towers-62 & Older priced from $300. Belmont Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $450. Here are the most affordable South Franklinton apartments for rent in Columbus, OH:

Apartment ListingModel NameBed/BathPriced From
Nazareth Towers-62 & OlderStudio2BR,1BA$300
Belmont ApartmentsStudent RoomStudio,1BA$450
Starling Yard3 bdr3BR,2BA$530
204 Souder Ave204G1BR,1BA$725
Broadway Apartments0 Beds, 1 BathsStudio,1BA$800
Garden Heights ApartmentsOne Bedroom1BR,1BA$824
620 E. Town Street Apartments1 BR - +$50 Water1BR,1BA$825
The GaetzMicroStudio,1BA$899
41 S Grant AveSINGLE1BR,1BA$925
Trace QuarterTrace-0AStudio,1BA$934

Best Value Apartments for Rent in South Franklinton, OH

As of May 30, 2026 the best value apartment in the South Franklinton area is the $1.48 price per square foot 2-Bedroom Model at Discovery Park Place in the in the Discovery District neighborhood starting from $2,100. The second greatest value South Franklinton apartment is the 3 Bedroom Model at Jenkins Lofts starting at $1,458 with a $1.26 price per square foot in the South Columbus neighborhood. Here is today’s list of the best values for South Franklinton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Discovery Park Place2-Bedroom2BR,2BA$1.48
Jenkins Lofts3 Bedroom3BR,1.5BA$1.26
Franklin Manor ApartmentsThree Bedroom Townhome3BR,1BA$1.39
41 S Grant AveDOUBLE2BR,1BA$1.33
52 N Yale Ave, Unit 52 A52 N Yale Ave2BR,1BA$1.33
Parsons Village East Senior ApartmentsA22BR,1BA$1.48
Starling Yard1 bdr1BR,1BA$1.11
Coves at Columbus on Eaton and Miner Avenueff2x1b2BR,1BA$1.30
204 Souder Ave204G1BR,1BA$1.45
Nazareth Towers-62 & OlderStudioStudio ,1BA$0.67

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Pet Friendly Lifestyle
South Franklinton, Columbus, OH

Ranked #18

Among cities in Ohio for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States, including Columbus. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and the best outdoor access, pet-friendly features, apartment complexes for the kids, proximity to transit, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap South Franklinton Apartments

What is the Cheapest Studio apartment in South Franklinton?

Currently the most affordable Cheap Studio Apartment in South Franklinton is at Nazareth Towers-62 & Older listed at $300.

How much is rent for a Cheap One Bedroom South Franklinton Apartment?

The lowest price for a Cheap One Bedroom South Franklinton Apartment is $300 at Nazareth Towers-62 & Older.

What is the lowest price for a Cheap Two Bedroom South Franklinton Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Franklinton is starting from $300 at Nazareth Towers-62 & Older.

What is the most affordable South Franklinton Three Bedroom Apartment?

The best deal on a cheap South Franklinton Three Bedroom Apartment rental is at Starling Yard and starts from $530.

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.

Helpful Local Expert Guides

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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.

decorative image for The Ultimate Local Expert's Guide To Top Columbus, OH Neighborhoods for College and University Student Renters article

The Ultimate Local Expert's Guide To Top Columbus, OH Neighborhoods for College and University Student Renters

Written by: Kim Mooneyham

Columbus, OH, artfully blends a laid-back Midwest personality with the excitement of urban living and the spirited atmosphere of student life.

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Welcome to Columbus: An Insiders Guide to Ohios Best-Kept Secret

Written by: Kim Mooneyham

Visitors to Columbus, OH, won't admit it at first, but they secretly expect this Midwestern capital to resemble a sprawling version of Mayberry from the old Andy Griffith show. I'm serious.

Articles, How-To's, and Tips

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.