
Cheap Apartments for Rent near Franklin, ID from $325 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin.


784 E 2660 N

Scenic View Apartment Homes

Twin Creek Apartments

162 W 1140 N

180 E 100 N

Bridger Pointe

Wasatch Pointe Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Matheson Apartments

Total Monthly Price
L59

866 Hillcrest Ave

North Pointe Apartments

Seasons on Mill Creek

Altura 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.

Total Monthly Price
Canyon Cove Apartments

Legacy Village Apartments

133 N 1140 E

21 Somerset Pl

Deer Creek Village

53 S Main St

675 E 600 N

The Station at Pleasant View
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.

620 N 300 E

Providence Pointe

160 W 400 S

2662 N 370 E

Valora

168 Coventry Pl

1593 N 110 W

808 S 150 E
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.
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 | $1,218 | $325 | $2,205 |
| Franklin 1 Bedroom Apartments | $1,451 | $772 | $2,801 |
| Franklin 2 Bedroom Apartments | $1,576 | $856 | $2,776 |
| Franklin 3 Bedroom Apartments | $1,737 | $399 | $2,750 |
| Franklin 4 Bedroom Apartments | $528 | $420 | $695 |
Browse Top Apartments in Franklin
See all Apartments in FranklinExplore Franklin
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. Bridger Pointe in the Wilson neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. 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 |
| Bridger Pointe | The Birch | 1BR,1BA | $1,099 |
| Matheson Apartments | 1 X 1 | 1BR,1BA | $1,131 |
| Altura Apartments | The Providence | 1BR,1BA | $1,285 |
| The Orchard on Oneida | 239-3 rooms | 3BR,2BA | $1,295 |
| Renewal on Third | 1 Bed 1 Bath | 1BR,1BA | $1,299 |
| Wasatch Pointe Apartments | Wasatch 2 Bed 2 Bath | 2BR,2BA | $1,299 |
| Homestead Collection Apartments | Magnolia 2X2 | 2BR,2BA | $1,373 |
| North Pointe Apartments | 3 Bed | 3BR,1BA | $1,388 |
| Seasons on Mill Creek | 1-1 | 1BR,1BA | $1,434 |
Best Value Apartments for Rent in Franklin, ID and Nearby
As of September 05, 2026 the best value apartment in the Franklin area is the $0.43 price per square foot Denali Model at The Factory in the in the Blackhawk neighborhood starting from $695. The second greatest value Franklin apartment is the Emerald Townhome Model at Strata Apartments starting at $2,125 with a $1.46 price per square foot in the Nibley 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 Factory | Denali | 4BR,3BA | $0.43 |
| Strata Apartments | Emerald Townhome | 3BR,2.5BA | $1.46 |
| Copperwoods at Harrisville | Middle | 3BR,2.5BA | $1.28 |
| Patriot Pointe | 2x2.5-1342 | 2BR,2.5BA | $1.34 |
| Parkview Townhomes | 2 Beds, 2.5 baths | 2BR,2.5BA | $1.52 |
| Deer Creek Village | 3 Bedroom | 3BR,2BA | $1.21 |
| Homestead Collection Apartments | Magnolia 2X2 | 2BR,2BA | $1.14 |
| The Orchard on Oneida | 239-3 rooms | 3BR,2BA | $1.18 |
| Wasatch Pointe Apartments | Wasatch 2 Bed 2 Bath | 2BR,2BA | $1.30 |
| North Pointe Apartments | 3 Bed | 3BR,1.5BA | $1.42 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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, 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 $1,225 at Twin Creek Apartments.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.