Cheap Apartments for Rent in Franklin County, MO from $400 (19 Rentals)

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

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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Monroe Place
Studio to 2 Bedroom Apartments

Monroe Place

1 Monroe WoodsPacific, MO 63069
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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

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.

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Whispering Meadows
1 to 2 Bedroom Apartments

Whispering Meadows

105 Whispering Meadows DrUnion, MO 63084
Senior Living

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
Chapel Ridge of Union1 Bedrooms1BR,1BA$925
Osage Estates Apartments2 Beds, 1 bath2BR,1BA$950
Autumn Leaf Apartment HomesBedrooms Upstairs2BR,2BA$1,150

Best Value Apartments for Rent in Franklin County, MO

As of January 14, 2026 the best value apartment in the Franklin County area is the $0.96 price per square foot 3B/2B Model at Washington Terrace in the starting from $1,350. The second greatest value Franklin County apartment is the 3 Beds, 2 baths Model at Osage Estates Apartments starting at $1,300 with a $1.15 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Washington Terrace3B/2B3BR,2BA$0.96
Osage Estates Apartments3 Beds, 2 baths3BR,2BA$1.15
Autumn Leaf Apartment HomesBedrooms Upstairs2BR,2BA$1.12
2460 East 5th Street, Unit Newly Remodeled Condo2460 East 5th Street2BR,1BA$0.98
619 Palisades Dr619 Palisades Dr3BR,1.5BA$1.22
Summit Valley ApartmentsOne Bed, One Bath1BR,1BA$0.98
1050 Plaza Ct N, Unit 231050 Plaza Ct N2BR,1BA$1.00
Chapel Ridge of Union1 Bedrooms1BR,1BA$1.37
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 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

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.

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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!