Cheap Apartments for Rent in Franklin County, MO from $400 (11 Rentals)

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Monroe Place
Studio to 2 Bedroom Apartments

Monroe Place

1 Monroe WoodsPacific, MO 63069
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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

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.

Cheapest Available Franklin County Apartments for Rent

 

The cheapest available apartment rental in Franklin County, MO is a 1 Bed unit found at Osage Estates Apartments in the Gray Summit neighborhood priced from $850. Summit Valley Apartments in the Gray Summit neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $855. Here is today’s list of the most affordable Franklin County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Osage Estates Apartments1 Bed, 1 bath1BR,1BA$850
Summit Valley ApartmentsOne Bed, One Bath1BR,1BA$855
Chapel Ridge of Union1 Bedrooms1BR,1BA$950
Autumn Leaf Apartment Homes2 Bedroom Upstairs2BR,2BA$1,150
Washington Terrace1B/1B1BR,1BA$1,245

Best Value Apartments for Rent in Franklin County, MO

As of June 24, 2026 the best value apartment in the Franklin County area is the $1.00 price per square foot 726 E 5th St Model at 726 E 5th St, Unit Main Level in the starting from $1,095. The second greatest value Franklin County apartment is the 1B/1B Model at Washington Terrace starting at $1,245 with a $1.39 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.
726 E 5th St, Unit Main Level726 E 5th St2BR,1BA$1.00
Washington Terrace1B/1B1BR,1BA$1.39
Summit Valley ApartmentsOne Bed, One Bath1BR,1BA$1.05
723 W Osage St, Unit 1723 W Osage St2BR,1BA$1.25
Autumn Leaf Apartment Homes1 Bedroom downstairs1BR,1BA$1.24
Osage Estates Apartments1 Bed, 1 bath1BR,1BA$1.24
Chapel Ridge of Union1 Bedrooms1BR,1BA$1.41

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 $850 at Osage Estates Apartments.

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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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Pet-Friendly Renting: Everything You Need to Know Before You Move

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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.