Cheap Apartments for Rent in Franklin County, MO from $400 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin County.

125 Crescent Lake Rd, Unit 104

1050 Plaza Ct N, Unit 19

Pacific Village Apartments

Summit Valley Apartments
The Art of the Rental Viewing: What to look for during a property tour
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.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

610 Blair St
Franklin County, MO Local Guide

How much does it cost to rent an apartment in Franklin County?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Franklin County 1 Bedroom Apartments | $844 | $680 | $999 |
Franklin County 2 Bedroom Apartments | $1,078 | $725 | $1,350 |
Franklin County 3 Bedroom Apartments | $1,398 | $1,200 | $1,500 |
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
990 S Lay Ave | 990 South Lay | 1BR,1BA | $680 |
Summit Valley Apartments | One Bed, One Bath | 1BR,1BA | $800 |
Autumn Leaf Apartment Homes | Bedrooms Upstairs | 2BR,2BA | $950 |
Chapel Ridge of Union | 1 Bedrooms | 1BR,1BA | $999 |
Water Tower Apartments | 2 Beds, 2 baths | 2BR,2BA | $1,350 |
Best Value Apartments for Rent in Franklin County, MO
As of June 04, 2025 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 starting from $1,200. The second greatest value Franklin County apartment is the One Bed, One Bath Model at Summit Valley Apartments starting at $800 with a $0.98 price per square foot in the Gray Summit neighborhood. Here is today’s list of the best values for Franklin County apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
623 Palisades Dr, Unit 623 | 623 Palisades Dr | 3BR,1.5BA | $1.20 |
Summit Valley Apartments | One Bed, One Bath | 1BR,1BA | $0.98 |
Autumn Leaf Apartment Homes | Bedroom Upstairs | 1BR,1BA | $1.27 |
1050 Plaza Ct N, Unit 19 | 1050 Plaza Ct N | 2BR,1BA | $1.04 |
Chapel Ridge of Union | 1 Bedrooms | 1BR,1BA | $1.48 |
125 Crescent Lake Rd, Unit 104 | 125 Crescent Lake Rd | 2BR,1BA | $1.12 |
990 S Lay Ave | 990 South Lay | 1BR,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.
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.

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.

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.

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.

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.