Cheap Apartments for Rent in Franklin, GA from $500 (37 Rentals)

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

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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Authentix LaGrange
Rent Specials
$1,084 - $1,957
Total Monthly Price

Total Monthly Price

Base Rent
$1,084 - $1,957

Total Monthly Price
$1,084 - $1,957
Studio to 3 Bedroom Apartments Available Now

Authentix LaGrange

151 S Davis RdLagrange, GA 30241
Corporate Housing
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Brittany Place Lagrange
Rent Specials
$1,085 - $1,555
Total Monthly Price

Total Monthly Price

Base Rent
$1,085 - $1,555

Total Monthly Price
$1,085 - $1,555
1 to 3 Bedroom Apartments Available Now

Brittany Place Lagrange

1235 Hogansville RdLagrange, GA 30241
Pet Friendly
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Whispering Pines
Rent Specials
$1,095 - $1,578
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $1,578

Total Monthly Price
$1,095 - $1,578
1 to 3 Bedroom Apartments Available Now

Whispering Pines

1515 Hogansville RdLagrange, GA 30241
Furnished
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  • Utilities Included
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The Lofts of LaGrange
$1,110 - $2,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,110 - $2,200

Total Monthly Price
$1,110 - $2,200
1 to 3 Bedroom Apartments Available Now

The Lofts of LaGrange

710 Greenville StLagrange, GA 30241
Family Friendly
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  • Utilities Included
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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.

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Cameron Crossing
$1,200 - $1,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,450

Total Monthly Price
$1,200 - $1,450
2 to 3 Bedroom Apartments Available Now

Cameron Crossing

1600 Meadow TerLagrange, GA 30240
Outdoors
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property at 408 E Bacon St

$850

2 Bedroom, 1 Bath Home for Rent

Available Now

408 E Bacon St

LagrangeGA30241

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.

property at 102 Peachtree Ct

$950

2 Bedroom, 1 Bath Townhome for Rent

Available Now

102 Peachtree Ct

LagrangeGA30241
property at 109 Ben Hill St

$995

1 Bedroom, 1 Bath Townhome for Rent

Available Jul 29

109 Ben Hill St

LagrangeGA30240
property at 300 Springdale Dr

$1,100

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

300 Springdale Dr

LagrangeGA30240

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.

Franklin, GA Local Guide

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 ListingModel NameBed/BathPriced From
Waverly Apartments1 Bed, 1 bath1BR,1BA$975
Autumn Ridge2 Bedroom2BR,1BA$995
Advenir at Mallory LakeA21BR,1BA$1,039
Lee's Crossing Apartment HomesA1 - LaFayette1BR,1BA$1,053
Brittany Place LagrangeThe Franklin1BR,1BA$1,085
Whispering PinesThe Bellevue1BR,1BA$1,095
The Exchange at 1105Sycamore1BR,1BA$1,110
Authentix LaGrange1HO1BR,1BA$1,127
ValleybrookOne Bed One Bath1BR,1BA$1,130
Hays Mill1/1 LIHTC1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The HamiltonEvergreen3BR,2.5BA$1.26
Columbia Wood3 BEDS 2 BATH3BR,2BA$1.11
Overby Park Townhomes2x2-Renovated2BR,2BA$1.36
Laurel Crossing2 Bed 2 Bath Renovated2BR,2BA$1.16
The Parker at One252B2B2BR,2BA$1.22
Cameron Crossing2 Bed 2 Bath Renovated2BR,2BA$1.17
Pines by the Creek2 Bed 1 Bath - Market2BR,1BA$1.24
Whispering PinesThe Bellevue1BR,1BA$1.35
Waverly Apartments1 Bed, 1 bath1BR,1BA$1.22
Lee's Crossing Apartment HomesA1 - LaFayette1BR,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.

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Real 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.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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

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

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.

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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.

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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.

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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.