Cheap Apartments for Rent in Franklin County, KY from $500 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in Franklin County.

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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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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Emily Apartments
1 to 2 Bedroom Apartments

Emily Apartments

325 Brighton Park BlvdFrankfort, KY 40601
Senior Living
  • Utilities Included

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.

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Showing Results 1-22, Page 1 of 1

Cheapest Available Franklin County Apartments for Rent

 

The cheapest available apartment rental in Franklin County, KY is a 1 Bed unit found at Riverview Apartments priced from $641. The Rickhouse has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Franklin County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Riverview ApartmentsOne Bedroom One Bath1BR,1BA$641
The Rickhouse1 Bed, 1 bath1BR,1BA$725
903 Crosshill DrOne Bedroom1BR,1BA$795
216 Briar Cliff St1 Bedroom1BR,1BA$795
Country HillsTwo Bedroom One Bath2BR,1BA$830

Best Value Apartments for Rent in Franklin County, KY

As of June 01, 2026 the best value apartment in the Franklin County area is the $0.71 price per square foot 613 Ridgeview Dr Model at 613 Ridgeview Dr, Unit 613 in the starting from $925. The second greatest value Franklin County apartment is the Three Bedroom One and Half Bath Model at Country Hills starting at $1,183 with a $1.21 price per square foot . Here is today’s list of the best values for Franklin County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
613 Ridgeview Dr, Unit 613613 Ridgeview Dr2BR,1.5BA$0.71
Country HillsThree Bedroom One and Half Bath3BR,1.5BA$1.21
Riverford Crossing ApartmentsStansbury Flat2BR,2BA$1.44
Huntley Ridge East at Hanley Ln.1 Bedroom1BR,1BA$1.17
Huntley Ridge East at Forest HillOne Bedroom1BR,1BA$1.17
Huntley Ridge East at Georgetown Rd1 BR Garden - Georgetown Road1BR,1BA$1.34
The Rickhouse1 Bed, 1 bath1BR,1BA$1.21
903 Crosshill DrOne Bedroom1BR,1BA$1.33
216 Briar Cliff St1 Bedroom1BR,1BA$1.33
342 Holmes St, Unit 4342 Holmes StStudio ,1BA$1.33

Frequently Asked Questions about Cheap Franklin County Apartments

What is the Cheapest Studio apartment in Franklin County?

Currently the most affordable Cheap Studio Apartment in Franklin County is at Riverview Apartments listed at $647.

How much is rent for a Cheap One Bedroom Franklin County Apartment?

The lowest price for a Cheap One Bedroom Franklin County Apartment is $651 at Riverview Apartments.

What is the lowest price for a Cheap Two Bedroom Franklin County Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Franklin County is starting from $830 at Country Hills.

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

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.