Cheap Apartments for Rent in Franklin County, KY from $500 (16 Rentals)

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

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Emily Apartments
1 to 2 Bedroom Apartments

Emily Apartments

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

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Cheapest Available Franklin County Apartments for Rent

 

The cheapest available apartment rental in Franklin County, KY is a 1 Bed unit found at Glenns Creek Manor Senior Living 55+ priced from $610. Riverview Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $616. Here is today’s list of the most affordable Franklin County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Glenns Creek Manor Senior Living 55+One Bedroom1BR,1BA$610
Riverview ApartmentsOne Bedroom One Bath1BR,1BA$616
The Ricks House2 Beds, 1 bath2BR,1BA$725
Juniper Hills ApartmentsStudioStudio,1BA$845
WillowoodStudio RenoStudio,1BA$855

Best Value Apartments for Rent in Franklin County, KY

As of January 14, 2026 the best value apartment in the Franklin County area is the $1.00 price per square foot 60 Reilly Rd Model at 60 Reilly Rd, Unit 60A Reilly Rd in the starting from $1,200. The second greatest value Franklin County apartment is the 605 Taylor Ave Model at 605 Taylor Ave, Unit 1 starting at $1,700 with a $1.42 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.
60 Reilly Rd, Unit 60A Reilly Rd60 Reilly Rd3BR,1BA$1.00
605 Taylor Ave, Unit 1605 Taylor Ave3BR,2BA$1.42
Huntley Ridge East at Georgetown Rd2 BR Townhome - Georgetown Rd2BR,1.5BA$1.26
1515 Steadmantown Ln, Unit 21515 Steadmantown Ln2BR,1BA$1.10
Huntley Ridge East at Forest HillOne Bedroom1BR,1BA$1.17
Country Hills1 Bedroom Loft1BR,1BA$1.25
Huntley Ridge East at Hanley Ln.1 Bedroom1BR,1BA$1.17
Glenns Creek Manor Senior Living 55+One Bedroom1BR,1BA$0.89
901 Crosshill Dr1 Bed 1 Bath1BR,1BA$1.50
The Ricks House2 Beds, 1 bath2BR,1BA$1.21

Frequently Asked Questions about Cheap Franklin County Apartments

What is a cheap apartment in Franklin County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Franklin County is under $925.

What is the price of a cheap apartment in Franklin County?

The cheapest apartment in Franklin County is Riverview Apartments which is listed at $610, while the average apartment in Franklin County costs $1,342.

What types of apartments are the cheapest in Franklin County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Franklin County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!