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$540 - $9402 to 4 Bedroom Apartments Available Now
The Quarters Auburn
1255 S College StAuburn, AL 36832
Cheap Apartments for Rent near Franklin, AL from $540 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin.
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$6621 Bedroom Apartments Contact Us For Availability
Notasulga Villas
66 Gerald Robinson DrNotasulga, AL 36866
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Rent Specials
$749 - $3,716Studio to 4 Bedroom Apartments Available Now
Atlas at Richland Road
1550 Richland RdAuburn, AL 36832
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$965 - $2,270
Total Monthly Price
Base Rent$965 - $2,270
Total Monthly Price$965 - $2,270
The Greens at Auburn I/II
4315 Golf Club DrAuburn, AL 36830
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$965 - $1,195
Total Monthly Price
Base Rent$965 - $1,195
Total Monthly Price$965 - $1,195
The Fairways at Auburn I/II
4315 Golf Club DrAuburn, AL 36830
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$1,025 - $1,4952 to 3 Bedroom Apartments Available Now
Oakley Cove Apartments
818 Bedell AveAuburn, AL 36832
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$1,045 - $1,135
Total Monthly Price
Base Rent$1,045 - $1,135
Total Monthly Price$1,045 - $1,135
Shepherds Cove Apartments
1330 Shug Jordan PkyAuburn, AL 36832
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$1,100 - $1,285
Total Monthly Price
Base Rent$1,100 - $1,285
Total Monthly Price$1,100 - $1,285
Summer Brooke Apartments
425 Opelika RdAuburn, AL 36830
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$1,137 - $1,667
Total Monthly Price
Base Rent$1,137 - $1,667
Total Monthly Price$1,137 - $1,667
Grayton on Dean
420 N Dean RdAuburn, AL 36830
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$1,141 - $1,553
Total Monthly Price
Base Rent$1,141 - $1,553
Total Monthly Price$1,141 - $1,553
The Rosemary
135 Hambleton RdMontgomery, AL 36117
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$1,151 - $1,536
Total Monthly Price
Base Rent$1,151 - $1,536
Total Monthly Price$1,151 - $1,536
Arbors On Taylor
485 Taylor RdMontgomery, AL 36117
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$1,187 - $1,799
Total Monthly Price
Base Rent$1,187 - $1,799
Total Monthly Price$1,187 - $1,799
Village West Apartments II
1449 Richland RdAuburn, AL 36832
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$1,200 - $1,500
Total Monthly Price
Base Rent$1,200 - $1,500
Total Monthly Price$1,200 - $1,500
The Domain On Donahue
1001 N Donahue DrAuburn, AL 36832
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$1,250 - $1,550
Total Monthly Price
Base Rent$1,250 - $1,550
Total Monthly Price$1,250 - $1,550
Club 34
1000 N Donahue DrAuburn, AL 36832
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$1,269 - $1,779
Total Monthly Price
Base Rent$1,269 - $1,779
Total Monthly Price$1,269 - $1,779
Peppertree
8201 Vaughn RdMontgomery, AL 36116
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$1,344 - $2,1571 to 3 Bedroom Apartments Available Now
Broadstreet at EastChase Apartments
8462 Eastchase PkyMontgomery, AL 36117
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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$1,379 - $1,9791 to 3 Bedroom Apartments Available Now
The Grove at Stone Park
160 Stone Park BlvdPike Road, AL 36064
533 Lee Rd 57
AuburnAL36832
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$1,436 - $1,7811 to 3 Bedroom Apartments Available Sep 9
Verandas at Mitylene
8850 Crosswind DrMontgomery, AL 36117
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$1,444 - $1,754
Total Monthly Price
Base Rent$1,444 - $1,754
Total Monthly Price$1,444 - $1,754
Barrington Place
280 New Haven BlvdMontgomery, AL 36117
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$1,447 - $1,5032 Bedroom Apartments Available Oct 24
Berry Hill Apartments
1850 Berryhill RdMontgomery, AL 36117
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$1,4502 Bedroom Apartments Contact Us For Availability
Deerwoode Apartments
549 E Glenn AveAuburn, AL 36830
2038 Lee Rd 137
AuburnAL36832
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1 to 2 Bedroom Apartments
Woodland Hills
830 N Donahue DrAuburn, AL 36832
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
2703 Gregg Ave
TuskegeeAL36088
165 W College St
EclecticAL36024
416 St James Church Loop
Pike RoadAL36064
1100 Stonegate Dr
AuburnAL36832
1009 Stonegate Dr
AuburnAL36832
181 Stoneridge Dr
TallasseeAL36078
3260 Mill Creek Rd
AuburnAL36832
1893 Bellwood Pl
AuburnAL36832
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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Franklin, AL Local Guide
Wooded drive by formulanone is licensed under CC BY 2.0
How much does it cost to rent an apartment in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Studio Apartments | $1,661 | $1,649 | $1,669 |
| Franklin 1 Bedroom Apartments | $1,435 | $662 | $1,940 |
| Franklin 2 Bedroom Apartments | $1,599 | $799 | $2,638 |
| Franklin 3 Bedroom Apartments | $1,908 | $710 | $3,900 |
| Franklin 4 Bedroom Apartments | $2,339 | $540 | $5,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Franklin
See all Apartments in FranklinExplore Franklin
Franklin, AL Local Guide
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Cheapest Available Franklin Apartments for Rent and Nearby
The cheapest available apartment rental in Franklin, AL is a 4 Beds unit found at The Mill at Auburn in the North Auburn neighborhood priced from $655. The Quarters Auburn in the North Auburn neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $695. Here is today’s list of the most affordable Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Mill at Auburn | 4BR/4BA - D1 Luxe | 4BR,4BA | $655 |
| The Quarters Auburn | 4x4 | 4BR,4BA | $695 |
| Atlas at Richland Road | 3BR/2.5BA - Duplex - Furnished | 3BR,2BA | $749 |
| The Fairways at Auburn I/II | Classic Deluxe II/IV | 1BR,1BA | $965 |
| The Greens at Auburn I/II | Classic Deluxe II | 1BR,1BA | $965 |
| Oakley Cove Apartments | 2 Beds, 1 bath | 2BR,1BA | $1,025 |
| Summer Brooke Apartments | one bedroom | 1BR,1BA | $1,100 |
| Shepherds Cove Apartments | 3 Bed x 2 Bath | 3BR,2BA | $1,135 |
| Grayton on Dean | 1A | 1BR,1BA | $1,137 |
| The Rosemary | One Bedroom One Bath | 1BR,1BA | $1,189 |
Best Value Apartments for Rent in Franklin, AL and Nearby
As of September 08, 2026 the best value apartment in the Franklin area is the $0.58 price per square foot Sanders Model at 423 Sanders St in the in the Downtown Auburn neighborhood starting from $1,300. The second greatest value Franklin apartment is the 4bd 4.5 bath Model at 406 N Donahue Dr starting at $1,300 with a $0.62 price per square foot in the Downtown Auburn neighborhood. Here is today’s list of the best values for Franklin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 423 Sanders St | Sanders | 5BR,5.5BA | $0.58 |
| 406 N Donahue Dr | 4bd 4.5 bath | 4BR,4.5BA | $0.62 |
| Creekside of Auburn | 4 Bedroom Townhome | 4BR,4BA | $0.51 |
| The Grove at Stone Park | 3 Bedroom | 3BR,2BA | $1.08 |
| The Domain On Donahue | Middle Two Bedroom 1/2 Bath Platinum | 2BR,2.5BA | $1.03 |
| Evergreen Auburn | 2 Bed/ 2 Bath | 2BR,2BA | $0.78 |
| The Quarters Auburn | 2x2 | 2BR,2BA | $0.89 |
| Shepherds Cove Apartments | 3 Bed x 2 Bath | 3BR,2BA | $1.08 |
| The Mill at Auburn | 2BR/2BA - B1 Standard - LVP | 2BR,2BA | $0.97 |
| Samford Square | 2x2s | 2BR,2BA | $1.04 |
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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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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See the most popular apartments and homes in Franklin, AL
Frequently Asked Questions about Cheap Franklin Apartments
How much is rent for a Cheap One Bedroom Franklin Apartment?
The lowest price for a Cheap One Bedroom Franklin Apartment is $965 at The Greens at Auburn I/II.
What is the lowest price for a Cheap Two Bedroom Franklin Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Franklin is starting from $940 at The Quarters Auburn.
What is the most affordable Franklin Three Bedroom Apartment?
The best deal on a cheap Franklin Three Bedroom Apartment rental is at The Quarters Auburn and starts from $725.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.