
Cheap Apartments for Rent near Franklin, ID from $300 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin.


1561 110, Unit 202

Twin Creek Apartments

Matheson Apartments

180 E 100 N

Bridger Pointe

Wasatch Pointe Apartments
Rent According to Income: A Look at Income-Restricted Rentals
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Total Monthly Price
L59

Scenic View Apartment Homes

North Pointe Apartments

Seasons on Mill Creek

Strata Apartments

The Orchard on Oneida

Renewal on Third
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

53 S Main St

485 E 1150 N

675 E 600 N

The Station at Pleasant View

Providence Pointe

2662 N 370 E

Valora
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Franklin, ID Local Guide

How much does it cost to rent an apartment in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Studio Apartments | $1,244 | $325 | $2,083 |
| Franklin 1 Bedroom Apartments | $1,333 | $772 | $2,485 |
| Franklin 2 Bedroom Apartments | $1,551 | $856 | $2,445 |
| Franklin 3 Bedroom Apartments | $1,720 | $545 | $2,750 |
| Franklin 4 Bedroom Apartments | $640 | $550 | $800 |
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Franklin, ID Local Guide
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Cheapest Available Franklin Apartments for Rent and Nearby
 The cheapest available apartment rental in Franklin, ID is a 1 Bed unit found at Twin Creek Apartments in the Wilson neighborhood priced from $925. Matheson Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,030. Here is today’s list of the most affordable Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Twin Creek Apartments | 1 Bedroom | 1BR,1BA | $925 |
| Matheson Apartments | 1 X 1 | 1BR,1BA | $1,030 |
| Bridger Pointe | The Birch | 1BR,1BA | $1,099 |
| Wasatch Pointe Apartments | Uinta 1 Bed 1 Bath | 1BR,1BA | $1,109 |
| Scenic View Apartment Homes | 2 Beds, 2 baths | 2BR,2BA | $1,195 |
Best Value Apartments for Rent in Franklin, ID and Nearby
As of July 21, 2026 the best value apartment in the Franklin area is the $1.25 price per square foot 3 bedroom/2.5 ba Model at Nibley Towns in the in the Blackhawk neighborhood starting from $1,959. The second greatest value Franklin apartment is the Middle Model at Copperwoods at Harrisville starting at $1,824 with a $1.29 price per square foot in the Cold Springs Village 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. |
|---|---|---|---|
| Nibley Towns | 3 bedroom/2.5 ba | 3BR,2.5BA | $1.25 |
| Copperwoods at Harrisville | Middle | 3BR,2.5BA | $1.29 |
| Ranches | 2x2.5 | 2BR,2.5BA | $1.41 |
| The Factory | Berkeley | 5BR,2BA | $0.47 |
| Canyon Cove Apartments | 2 Bedroom | 2BR,2BA | $1.18 |
| Scenic View Apartment Homes | 2 Beds, 2 baths | 2BR,2BA | $1.09 |
| The Orchard on Oneida | 239-3 rooms | 3BR,2BA | $1.18 |
| Brooklane Apartments | Annex | 6BR,6BA | $0.90 |
| Providence Pointe | 2 Bedroom | 2BR,2BA | $1.37 |
| Homestead Collection Apartments | Magnolia 1X1 | 1BR,1BA | $1.30 |
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.
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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, ID Rentals by Map
See the most popular apartments and homes in Franklin, ID
Frequently Asked Questions about Cheap Franklin Apartments
How much is rent for a Cheap One Bedroom Franklin Apartment?
The lowest price for a Cheap One Bedroom Franklin Apartment is $925 at Twin Creek 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 $1,195 at Scenic View Apartment Homes.
What is the most affordable Franklin Three Bedroom Apartment?
The best deal on a cheap Franklin Three Bedroom Apartment rental is at The Orchard on Oneida and starts from $1,295.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.