
Cheap Homes for Rent in South Franklinton Neighborhood of Columbus, OH from $500 (24 Rentals)
Search the lowest-cost Homes available for rent right now in the South Franklinton area of Columbus.


800 Harrisburg Pike, Unit Studio Upstairs

22 E Welch Ave, Unit 4

418 Catherine St

800 Harrisburg Pike, Unit 2 bedroom townhomes

755 Canonby Pl

137.5 Avondale Ave

43 1/2 Rodgers Ave, Unit 4
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.

45 1/2 Rodgers Ave, Unit 1

87 Dana Ave

51 N Princeton Ave

451 E Town St

1927 Westfield Dr S, Unit 1927

112 Hanford St, Unit a

112 Hanford St, Unit b

241 W Park Ave
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.

741 Sullivant Ave

271 S Cypress Ave

287 E Woodrow Ave, Unit 289

287 E Woodrow Ave

663 Ann St

673 E Sycamore St

463 N High St

860 S 3rd St
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.
South Franklinton, Columbus, OH Local Guide

How much does it cost to rent a home in South Franklinton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Franklinton 2 Bedroom Homes for Rent | $2,140 | $950 | $5,250 |
| South Franklinton 3 Bedroom Homes for Rent | $1,956 | $1,095 | $4,467 |
| South Franklinton 4 Bedroom Homes for Rent | $2,149 | $1,650 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 24 rentals with your search options within a 2 mile radius of the South Franklinton Neighborhood of Columbus, OH.
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South Franklinton, Columbus, OH Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Nazareth Towers-62 & Older | Studio | 2BR,1BA | $300 |
| Belmont Apartments | Student Room | Studio,1BA | $450 |
| Starling Yard | 3 bdr | 3BR,2BA | $530 |
| 204 Souder Ave | 204G | 1BR,1BA | $725 |
| Broadway Apartments | 0 Beds, 1 Baths | Studio,1BA | $800 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Discovery Park Place | 2-Bedroom | 2BR,2BA | $1.48 |
| Jenkins Lofts | 3 Bedroom | 3BR,1.5BA | $1.26 |
| Franklin Manor Apartments | Three Bedroom Townhome | 3BR,1BA | $1.39 |
| 41 S Grant Ave | DOUBLE | 2BR,1BA | $1.33 |
| 52 N Yale Ave, Unit 52 A | 52 N Yale Ave | 2BR,1BA | $1.33 |
| Parsons Village East Senior Apartments | A2 | 2BR,1BA | $1.48 |
| Starling Yard | 1 bdr | 1BR,1BA | $1.11 |
| Coves at Columbus on Eaton and Miner Avenue | ff2x1b | 2BR,1BA | $1.30 |
| 204 Souder Ave | 204G | 1BR,1BA | $1.45 |
| Nazareth Towers-62 & Older | Studio | Studio ,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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleSouth Franklinton, Columbus, OH
Ranked #18
Among cities in Ohio for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about South Franklinton
What type of rentals are currently available in South Franklinton?
There are currently 438 Apartments for Rent in South Franklinton, OH with pricing that ranges from $300 to $10,039. There are also 91 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Franklinton ranging from $575 to $5,250.
What is the current price range for Rental Homes in South Franklinton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Franklinton ranges from $575 to $5,250 with an average monthly rent of $1,940.
How much are larger Three and Four Bedroom Rentals in South Franklinton?
For those who are looking for larger living arrangements, Three Bedroom Apartments in South Franklinton range from $1,235 to $9,934, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $4,467. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,585.
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

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.

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.

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

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.

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.

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.

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.