Cheap Apartments for Rent in Franklin County, MO from $400 (15 Rentals)

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

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Monroe Place
Studio to 2 Bedroom Apartments

Monroe Place

1 Monroe WoodsPacific, MO 63069
  • Utilities Included
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Aurora Estates
1 to 2 Bedroom Apartments

Aurora Estates

2630 Lisa LnPacific, MO 63069
Senior Living
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Shoe Factory Lofts
Studio to 2 Bedroom Apartments

Shoe Factory Lofts

700 W 2nd StWashington, MO 63090
  • Utilities Included

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Cheapest Available Franklin County Apartments for Rent

 

The cheapest available apartment rental in Franklin County, MO is a 1 Bed unit found at 990 S Lay Ave priced from $680. Summit Valley Apartments in the Gray Summit neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Franklin County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
990 S Lay Ave990 South Lay1BR,1BA$680
Summit Valley ApartmentsOne Bed, One Bath1BR,1BA$800
Autumn Leaf Apartment Homes2 Bedroom Downstairs2BR,2BA$950
Chapel Ridge of Union1 Bedrooms1BR,1BA$1,024
Washington Terrace1B/1B1BR,1BA$1,095

Best Value Apartments for Rent in Franklin County, MO

As of November 25, 2025 the best value apartment in the Franklin County area is the $1.23 price per square foot 2B/2B Model at Washington Terrace in the starting from $1,350. The second greatest value Franklin County apartment is the Bedrooms Upstairs Model at Autumn Leaf Apartment Homes starting at $1,150 with a $1.12 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.
Washington Terrace2B/2B2BR,2BA$1.23
Autumn Leaf Apartment HomesBedrooms Upstairs2BR,2BA$1.12
Summit Valley ApartmentsOne Bed, One Bath1BR,1BA$0.98
501 State Hwy 47, Unit #2501 State Hwy 471BR,1BA$1.14
1050 Plaza Ct N, Unit 131050 Plaza Ct N2BR,1BA$1.00
Chapel Ridge of Union1 Bedrooms1BR,1BA$1.51
765 S Main St, Unit B765 S Main St1BR,1BA$1.16
716 Tall Oaks Dr716 Tall Oaks Dr1BR,1BA$1.59
990 S Lay Ave990 South Lay1BR,1BA$1.36

Frequently Asked Questions about Cheap Franklin County Apartments

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

The cheapest apartment in Franklin County is 990 S Lay Ave which is listed at $680, while the average apartment in Franklin County costs $1,700.

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 5 regular apartments in Franklin County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Franklin County?

Cheap apartments in Franklin County have an average cost of $199 which is $1,501 cheaper than the average rent for all rentals in Franklin County.

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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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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.