Cheap Apartments for Rent in Franklin County, MO from $400 (12 Rentals)

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

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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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

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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Shoe Factory Lofts
Studio to 2 Bedroom Apartments

Shoe Factory Lofts

700 W 2nd StWashington, MO 63090
  • Utilities Included

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 September 22, 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 2 Bedroom Downstairs Model at Autumn Leaf Apartment Homes starting at $950 with a $0.93 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 Homes2 Bedroom Downstairs2BR,2BA$0.93
Summit Valley ApartmentsOne Bed, One Bath1BR,1BA$0.98
Chapel Ridge of Union1 Bedrooms1BR,1BA$1.51
716 Tall Oaks Dr716 Tall Oaks Dr1BR,1BA$1.90
990 S Lay Ave990 South Lay1BR,1BA$1.36

Frequently Asked Questions about Cheap Franklin County Apartments

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

The lowest price for a Cheap One Bedroom Franklin County Apartment is $680 at 990 S Lay Ave.

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 $900 at Summit Valley Apartments.

What is the most affordable Franklin County Three Bedroom Apartment?

The best deal on a cheap Franklin County Three Bedroom Apartment rental is at Chapel Ridge of Union and starts from $1,500.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.