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Cheap Apartments for Rent in Franklin, AL from $500 (16 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
$828 - $1,7411 to 3 Bedroom Apartments Available Now
The Rosemary
135 Hambleton RdMontgomery, AL 36117
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$895 - $9852 to 3 Bedroom Apartments Contact Us For Availability
Shepherds Cove Apartments
1330 Shug Jordan PkyAuburn, AL 36832
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$965 - $2,1951 to 2 Bedroom Apartments Available Now
The Greens at Auburn I/II
4315 Golf Club DrAuburn, AL 36830
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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$965 - $1,1951 to 2 Bedroom Apartments Available Now
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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$1,050 - $1,2351 to 2 Bedroom Apartments Available Now
Summer Brooke Apartments
425 Opelika RdAuburn, AL 36830
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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Rent Specials
$1,075 - $4,860Studio to 4 Bedroom Apartments Available Aug 14, 2026
Atlas at Richland Road
1550 Richland RdAuburn, AL 36832
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$1,090 - $1,9681 to 3 Bedroom Apartments Available Now
Village West Apartments II
1449 Richland RdAuburn, AL 36832
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813 Azalea St
TallasseeAL36078
208 Webb Ave
TuskegeeAL36083
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.
2016 Rosie St
AuburnAL36832
Showing Results 1-16, Page 1 of 1
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 | $1,834 | $1,665 | $1,950 |
| Franklin 1 Bedroom Apartments | $1,343 | $662 | $2,210 |
| Franklin 2 Bedroom Apartments | $1,400 | $765 | $2,700 |
| Franklin 3 Bedroom Apartments | $1,629 | $645 | $3,900 |
| Franklin 4 Bedroom Apartments | $2,030 | $515 | $5,000 |
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 Beacon in the North Auburn neighborhood priced from $630. The Rosemary in the Halcyon Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $828. Here is today’s list of the most affordable Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Beacon | 4x4 | 4BR,4BA | $630 |
| The Rosemary | One Bedroom One Bath | 1BR,1BA | $828 |
| The Greens at Auburn I/II | Classic Deluxe II | 1BR,1BA | $965 |
| Grayton on Dean | 1A | 1BR,1BA | $1,020 |
| Oakley Cove Apartments | 2 Beds, 1 bath | 2BR,1BA | $1,025 |
Best Value Apartments for Rent in Franklin, AL and Nearby
As of December 08, 2025 the best value apartment in the Franklin area is the $0.73 price per square foot 5 Bedroom Villa Model at Stone Park Villas in the in the Outer East neighborhood starting from $2,050. The second greatest value Franklin apartment is the The Balcony - 5 Bed/5.5 Bath - Individual Lease Model at The Balcony Auburn starting at $1,375 with a $0.56 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. |
|---|---|---|---|
| Stone Park Villas | 5 Bedroom Villa | 5BR,2.5BA | $0.73 |
| The Balcony Auburn | The Balcony - 5 Bed/5.5 Bath - Individual Lease | 5BR,5.5BA | $0.56 |
| THE ONE-AUBURN | The ONE~22 | 3BR,3.5BA | $1.17 |
| Barrington Place | Edgewood | 2BR,2BA | $1.06 |
| The Domain On Donahue | Middle Two Bedroom 1/2 Bath Classic | 2BR,2.5BA | $0.82 |
| The Beacon | 4x4 | 4BR,4BA | $0.45 |
| Creekside of Auburn | 3 Bedroom Flat | 3BR,3BA | $0.70 |
| The Grove at Stone Park | 1 Bedroom | 1BR,1.5BA | $1.29 |
| The Fairways at Auburn I/II | Classic Deluxe II with breezeway | 2BR,1BA | $1.24 |
| The Rosemary | One Bedroom One Bath | 1BR,1BA | $1.27 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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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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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Franklin, AL Rentals by Map
See the most popular apartments and homes in Franklin, AL
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 $828 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 $1,025 at Oakley Cove Apartments.
What is the most affordable Franklin Three Bedroom Apartment?
The best deal on a cheap Franklin Three Bedroom Apartment rental is at Oakley Cove Apartments and starts from $1,125.
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.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.