Cheap Apartments for Rent in Franklin, AL from $500 (13 Rentals)

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The Union Auburn
2 to 6 Bedroom Apartments

The Union Auburn

900 W Glenn AveAuburn, AL 36832
Student Housing
  • Utilities Included
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Woodland Hills
1 to 2 Bedroom Apartments

Woodland Hills

830 N Donahue DrAuburn, AL 36832
  • Utilities Included
Showing Results 1-13, Page 1 of 1

Franklin, AL Local Guide

Cheapest Available Franklin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Franklin, AL is a 1 Bed unit found at The Rosemary in the Halcyon Park neighborhood priced from $897. Shepherds Cove Apartments in the North Auburn neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $925. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The RosemaryOne Bedroom One Bath1BR,1BA$897
Shepherds Cove Apartments2 Bed x 1.5 Bath Townhome2BR,1BA$925
The Fairways at Auburn I/IIClassic Deluxe II/IV1BR,1BA$965
The Greens at Auburn I/IIClassic Deluxe II1BR,1BA$965
Grayton on Dean1A1BR,1BA$1,020

Best Value Apartments for Rent in Franklin, AL and Nearby

As of August 11, 2025 the best value apartment in the Franklin area is the $0.55 price per square foot Home Model at Coach's Corner in the in the North Auburn neighborhood starting from $1,150. The second greatest value Franklin apartment is the The ONE~22 Model at THE ONE-AUBURN starting at $2,000 with a $1.17 price per square foot in the North Auburn neighborhood. Here is today’s list of the best values for Franklin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Coach's CornerHome5BR,5.5BA$0.55
THE ONE-AUBURNThe ONE~223BR,3.5BA$1.17
Barrington PlaceEllington2BR,2BA$1.12
Creekside of Auburn3 Bedroom Flat3BR,3BA$0.70
Berry Hill ApartmentsTWO BEDROOM2BR,2BA$1.47
Broadstreet at EastChase2 BR 1 BA (984 SF)2BR,1BA$1.46
Oakley Cove ApartmentsOakley Villa2BR,1BA$1.66
Shepherds Cove Apartments2 Bed x 1.5 Bath Townhome2BR,1.5BA$1.09
Summer Wind Apartments1x11BR,1BA$1.47
The RosemaryOne Bedroom One Bath1BR,1BA$1.38

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Getting Around Franklin, AL

Walk Score®

2 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

22 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $897 at The Rosemary.

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 $925 at Shepherds Cove Apartments.

What is the most affordable Franklin Three Bedroom Apartment?

The best deal on a cheap Franklin Three Bedroom Apartment rental is at Shepherds Cove Apartments and starts from $985.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.