
Cheap Homes for Rent in Franklin, AR from $300 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.


1326 E 9th St

405 Grace Ave

5166 AR-367

501 US-67

901 SE 3rd St

2174 Neeley St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

60 Tamera Ln

1450 North St

207 W Wright St

100 Ford St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

22 Aaron St

1040 Harding Blvd

5520 Co Rd 1380
Franklin, AR Local Guide

How much does it cost to rent a home in Franklin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Franklin 2 Bedroom Homes for Rent | $965 | $500 | $1,600 |
Franklin 3 Bedroom Homes for Rent | $1,437 | $500 | $2,000 |
Franklin 4 Bedroom Homes for Rent | $1,425 | $350 | $2,500 |
Browse Top Homes for Rent in Franklin
Explore Franklin
Franklin, AR Local Guide
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Cheapest Available Franklin Apartments for Rent and Nearby
 The cheapest available apartment rental in Franklin, AR is a Studio unit found at The Heights Apartments priced from $450. Breckenridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $545. Here is today’s list of the most affordable Franklin apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Heights Apartments | Small Studio | Studio,1BA | $450 |
Breckenridge Apartments | Breckenridge - 1 Bed 1 Bath with W/D Hookup | 1BR,1BA | $545 |
Cedar Manor Apartments | Studio | Studio,1BA | $575 |
Courtyard @ The Corner | 2x1 | 2BR,1BA | $650 |
Park Lake | Standard | 1BR,1BA | $660 |
Best Value Apartments for Rent in Franklin, AR and Nearby
As of June 01, 2025 the best value apartment in the Franklin area is the $0.67 price per square foot 1501 Model at 2700 Burke Ave in the starting from $1,200. The second greatest value Franklin apartment is the 2 Bed 1.5 Bath - Morganne Dr Model at The Oak Townhomes starting at $1,000 with a $0.83 price per square foot . 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. |
---|---|---|---|
2700 Burke Ave | 1501 | 2BR,1.5BA | $0.67 |
The Oak Townhomes | 2 Bed 1.5 Bath - Morganne Dr | 2BR,1.5BA | $0.83 |
Breckenridge Apartments | Breckenridge - 2 Bed 2 Bath with W/D Hookup | 2BR,2BA | $0.91 |
Pines Apartments | 2 bedroom x 1 bath | 2BR,1BA | $1.07 |
Parkside | 1 bedroom | 1BR,1BA | $1.10 |
Caraway Commons | One Bedroom | 1BR,1BA | $1.04 |
Tara Apartments | 2 bedroom apartment | 2BR,1BA | $0.97 |
Courtyard @ The Corner | 2x1 Platinum | 2BR,1BA | $1.05 |
Grand Oak Place | 2x1 | 2BR,1BA | $1.12 |
The Heights Apartments | Small Studio | Studio ,1BA | $1.00 |
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.
Frequently Asked Questions about Franklin
What type of rentals are currently available in Franklin?
There are currently 44 Apartments for Rent in Franklin, AR with pricing that ranges from $450 to $1,966. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $350 to $2,500.
What is the current price range for Rental Homes in Franklin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Franklin ranges from $350 to $2,500 with an average monthly rent of $1,060.
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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.