Cheap Homes for Rent in Franklin County, MO from $500 (5 Rentals)

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

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.

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.

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
Riverbend Estates III2x12BR,1BA$800

Best Value Apartments for Rent in Franklin County, MO

As of July 24, 2025 the best value apartment in the Franklin County area is the $0.93 price per square foot Bedrooms Upstairs Model at Autumn Leaf Apartment Homes in the starting from $950. The second greatest value Franklin County apartment is the 1B/1B Model at Washington Terrace starting at $1,150 with a $1.28 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.
Autumn Leaf Apartment HomesBedrooms Upstairs2BR,2BA$0.93
Washington Terrace1B/1B1BR,1BA$1.28
Riverbend Estates III2x12BR,1BA$0.97
Summit Valley ApartmentsOne Bed, One Bath1BR,1BA$0.98
Chapel Ridge of Union1 Bedrooms1BR,1BA$1.48
125 Crescent Lake Rd, Unit 203125 Crescent Lake Rd2BR,1BA$1.04
726 E 5th St, Unit Main726 E 5th St1BR,1BA$1.58
990 S Lay Ave990 South Lay1BR,1BA$1.36

Frequently Asked Questions about Franklin County

What type of rentals are currently available in Franklin County?

There are currently 76 Apartments for Rent in Franklin County, MO with pricing that ranges from $675 to $1,795. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin County ranging from $596 to $5,000.

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 $596 to $5,000 with an average monthly rent of $1,498.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.