
Cheap Apartments for Rent in Franklin, GA from $500 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin.


Highland Village

Caswell at The Crossing

Autumn Ridge

Woodtrail

Caswell at The Hills

Waverly Apartments

Cross Creek Apartments

Valleybrook
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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Advenir at Mallory Lake

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The Parker at One25

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Lee's Crossing Apartment Homes

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Authentix LaGrange

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Brittany Place Lagrange

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Whispering Pines

Cross Creek Apartments

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The Lofts of LaGrange

Hays Mill
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.

106 Keyes St, Unit 7T

Windsor Park Apartments

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Orchard Trace Lagrange

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Woodland Trail Apartments

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Cameron Crossing

Laurel Crossing

408 E Bacon St

610 S Greenwood St

220 E Render St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

102 Peachtree Ct

101 White Oak Dr

109 Ben Hill St

934 Motley St

107 Addie St

300 Springdale Dr

116 Oak Ln

112 Oak Ln

Pines by the Creek
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.

Hogans Ridge Apartments
Franklin, GA Local Guide

How much does it cost to rent an apartment in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Studio Apartments | $1,115 | $935 | $1,250 |
| Franklin 1 Bedroom Apartments | $1,299 | $830 | $2,265 |
| Franklin 2 Bedroom Apartments | $1,404 | $875 | $2,320 |
| Franklin 3 Bedroom Apartments | $1,668 | $1,075 | $2,200 |
| Franklin 4 Bedroom Apartments | $1,375 | $1,375 | $1,375 |
Browse Top Apartments in Franklin
See all Apartments in FranklinExplore Franklin
Franklin, GA Local Guide
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Cheapest Available Franklin Apartments for Rent and Nearby
 The cheapest available apartment rental in Franklin, GA is a 1 Bed unit found at Waverly Apartments in the Downtown Carrollton neighborhood priced from $975. Autumn Ridge has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here is today’s list of the most affordable Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Waverly Apartments | 1 Bed, 1 bath | 1BR,1BA | $975 |
| Autumn Ridge | 2 Bedroom | 2BR,1BA | $995 |
| Advenir at Mallory Lake | A2 | 1BR,1BA | $1,039 |
| Lee's Crossing Apartment Homes | A1 - LaFayette | 1BR,1BA | $1,053 |
| Brittany Place Lagrange | The Franklin | 1BR,1BA | $1,085 |
| Whispering Pines | The Bellevue | 1BR,1BA | $1,095 |
| The Exchange at 1105 | Sycamore | 1BR,1BA | $1,110 |
| Authentix LaGrange | 1HO | 1BR,1BA | $1,127 |
| Valleybrook | One Bed One Bath | 1BR,1BA | $1,130 |
| Hays Mill | 1/1 LIHTC | 1BR,1BA | $1,135 |
Best Value Apartments for Rent in Franklin, GA and Nearby
As of June 11, 2026 the best value apartment in the Franklin area is the $1.26 price per square foot Evergreen Model at The Hamilton in the starting from $2,115. The second greatest value Franklin apartment is the 3 BEDS 2 BATH Model at Columbia Wood starting at $1,656 with a $1.11 price per square foot in the Stonebridge at Newnam Crossing neighborhood. Here is today’s list of the best values for Franklin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Hamilton | Evergreen | 3BR,2.5BA | $1.26 |
| Columbia Wood | 3 BEDS 2 BATH | 3BR,2BA | $1.11 |
| Overby Park Townhomes | 2x2-Renovated | 2BR,2BA | $1.36 |
| Laurel Crossing | 2 Bed 2 Bath Renovated | 2BR,2BA | $1.16 |
| The Parker at One25 | 2B2B | 2BR,2BA | $1.22 |
| Cameron Crossing | 2 Bed 2 Bath Renovated | 2BR,2BA | $1.17 |
| Pines by the Creek | 2 Bed 1 Bath - Market | 2BR,1BA | $1.24 |
| Whispering Pines | The Bellevue | 1BR,1BA | $1.35 |
| Waverly Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.22 |
| Lee's Crossing Apartment Homes | A1 - LaFayette | 1BR,1BA | $1.36 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Franklin, GA Rentals by Map
See the most popular apartments and homes in Franklin, GA
Frequently Asked Questions about Cheap Franklin Apartments
What is the Cheapest Studio apartment in Franklin?
Currently the most affordable Cheap Studio Apartment in Franklin is at Authentix LaGrange listed at $1,139.
How much is rent for a Cheap One Bedroom Franklin Apartment?
The lowest price for a Cheap One Bedroom Franklin Apartment is $975 at Waverly Apartments.
What is the lowest price for a Cheap Two Bedroom Franklin Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Franklin is starting from $995 at Autumn Ridge.
What is the most affordable Franklin Three Bedroom Apartment?
The best deal on a cheap Franklin Three Bedroom Apartment rental is at Cameron Crossing and starts from $1,375.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.