Cheap Homes for Rent in Franklin County, MO from $600 (10 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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 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 ListingModel NameBed/BathPriced From
990 S Lay Ave990 South Lay1BR,1BA$710
Osage Estates Apartments1 Bed, 1 bath1BR,1BA$850
Summit Valley ApartmentsOne Bed, One Bath1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Summit Valley ApartmentsOne Bed, One Bath1BR,1BA$1.05
Autumn Leaf Apartment Homes1 bedroom downstairs1BR,1BA$1.24
Osage Estates Apartments1 Bed, 1 bath1BR,1BA$1.24
Chapel Ridge of Union1 Bedrooms1BR,1BA$1.37
990 S Lay Ave990 South Lay1BR,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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.