Cheap Apartments for Rent in Franklin County, MO from $400 (8 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Monroe Place
Studio to 2 Bedroom Apartments

Monroe Place

1 Monroe WoodsPacific, MO 63069
  • Utilities Included
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Shoe Factory Lofts
Studio to 2 Bedroom Apartments

Shoe Factory Lofts

700 W 2nd StWashington, MO 63090
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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 $710. Osage Estates Apartments in the Pacific neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. 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$710
Osage Estates Apartments1 Bed, 1 bath1BR,1BA$850
Summit Valley ApartmentsOne Bed, One Bath1BR,1BA$855

Best Value Apartments for Rent in Franklin County, MO

As of August 09, 2026 the best value apartment in the Franklin County area is the $1.20 price per square foot 623 Palisades Dr Model at 623 Palisades Dr, Unit 623 in the in the Pacific neighborhood starting from $1,200. The second greatest value Franklin County apartment is the 2x1 Layout Model at Aurora Estates starting at $1,225 with a $1.48 price per square foot in the Pacific neighborhood. 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.
623 Palisades Dr, Unit 623623 Palisades Dr3BR,1.5BA$1.20
Aurora Estates2x1 Layout2BR,1BA$1.48
Summit Valley ApartmentsOne Bed, One Bath1BR,1BA$1.05
Autumn Leaf Apartment Homes1 Bedroom Downstairs1BR,1BA$1.24
Osage Estates Apartments1 Bed, 1 bath1BR,1BA$1.24
Chapel Ridge of Union1 Bedrooms1BR,1BA$1.48
990 S Lay Ave990 South Lay1BR,1BA$1.42

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 $710 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 $950 at Osage Estates 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 Osage Estates Apartments and starts from $1,300.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.