Cheap Apartments for Rent in Franklin County, KY from $500 (17 Rentals)

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

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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.

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Emily Apartments
1 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 Riverview Apartments priced from $600. Juniper Hills Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $650. 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$600
Juniper Hills ApartmentsStudioStudio,1BA$650
FarmStead1 Bed, 1 Bath 575SqFt1BR,1BA$695
Winthrop CourtStudioStudio,1BA$720
Huntley Ridge East at Handley Ln.1 Bedroom1BR,1BA$875

Best Value Apartments for Rent in Franklin County, KY

As of May 24, 2025 the best value apartment in the Franklin County area is the $1.17 price per square foot One Bedroom Model at Huntley Ridge East at Forest Hill in the starting from $875. The second greatest value Franklin County apartment is the 1 Bedroom Model at Huntley Ridge East at Handley Ln. starting at $875 with a $1.17 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.
Huntley Ridge East at Forest HillOne Bedroom1BR,1BA$1.17
Huntley Ridge East at Handley Ln.1 Bedroom1BR,1BA$1.17
Riverford Crossing ApartmentsBentley Townhome I1BR,1BA$2.02
809 Cline St, Unit 809 1-2809 Cline St2BR,1BA$1.14
Prince Hall Village - Renovated 2020One Bedroom1BR,1BA$1.51
Huntley Ridge East at Georgetown Rd1 BR Loft (Georgetown Road)Studio ,1BA$1.38
Riverview ApartmentsOne Bedroom One Bath1BR,1BA$0.96
FarmStead1 Bed, 1 Bath 575SqFt1BR,1BA$1.21
Juniper Hills ApartmentsStudioStudio ,1BA$1.63
Winthrop CourtStudioStudio ,1BA$2.50

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 $1,508.

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

The cheapest apartment in Franklin County is Riverview Apartments which is listed at $600, while the average apartment in Franklin County costs $1,507.

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 3 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

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 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.

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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.

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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.

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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.