
Cheap Homes for Rent in Franklin County, MO from $600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin County.


153 Virginia St

30 E. Lewis St., Unit A, Unit A

610 Blair St

610-620 Blair St
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.

21 Village W Ct

233 Division St

159 Arborview Dr

1118 Franklin Ave

203 Locust St
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.
Franklin County, MO Local Guide

How much does it cost to rent a home in Franklin County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin County 2 Bedroom Homes for Rent | $979 | $740 | $1,650 |
| Franklin County 3 Bedroom Homes for Rent | $1,580 | $900 | $2,900 |
| Franklin County 4 Bedroom Homes for Rent | $1,781 | $1,550 | $2,100 |
Browse Homes for Rent in Franklin County
Explore Franklin County
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 Gray Summit 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 990 S Lay Ave | 990 South Lay | 1BR,1BA | $710 |
| Osage Estates Apartments | 1 Bed, 1 bath | 1BR,1BA | $850 |
| Summit Valley Apartments | One Bed, One Bath | 1BR,1BA | $855 |
Best Value Apartments for Rent in Franklin County, MO
As of May 19, 2026 the best value apartment in the Franklin County area is the $1.05 price per square foot One Bed, One Bath Model at Summit Valley Apartments in the in the Gray Summit neighborhood starting from $855. The second greatest value Franklin County apartment is the 1 bedroom downstairs Model at Autumn Leaf Apartment Homes starting at $950 with a $1.24 price per square foot . 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. |
|---|---|---|---|
| Summit Valley Apartments | One Bed, One Bath | 1BR,1BA | $1.05 |
| Autumn Leaf Apartment Homes | 1 bedroom downstairs | 1BR,1BA | $1.24 |
| Osage Estates Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.24 |
| Chapel Ridge of Union | 1 Bedrooms | 1BR,1BA | $1.37 |
| 990 S Lay Ave | 990 South Lay | 1BR,1BA | $1.42 |
Frequently Asked Questions about Franklin County
What type of rentals are currently available in Franklin County?
There are currently 79 Apartments for Rent in Franklin County, MO with pricing that ranges from $710 to $1,495. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin County ranging from $620 to $2,900.
What is the current price range for Rental Homes in Franklin County?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Franklin County ranges from $620 to $2,900 with an average monthly rent of $1,298.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.