
Apartments for Rent in Franklin, IL Under $1,500 (74 Rentals)


Lincoln Square Apartments

Prairie Vista

Westchester Townhouses

Hill Meadow Apartments

Lincoln Tower Apartments

Ash Grove

Cobblestone Place

Orchard Park

731 South Grand Ave W
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.

Candles

The District Apartments

Safe Harbor Properties

Smart Choice Park

3TEN Apartments

Huntington Ridge Apartments

Meadow View Place

Koke Mill Apartments

The Boulevard Townhomes

Ravenwood Townhomes
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Pine Ridge Apartments

The Meadows at Durkin

Lake Pointe Apartments

Meadow View Landing

New Eastlawn Apartments

Laborer's Home Development IV, For Age 62+

CARDINAL RIDGE

The Raymond Apartments

Cobblestone Apartments

Godfrey Estates
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Hunter Glen Apartments

Denison Place

Whispering Pines Apartments

Watch Street

Jacksonville Affordable Housing

3211 College Ave

71 Gilliam Ct

4044 Oakbrook Ct

938 W Edwards St

115 W Ash St

1701 Dial Ct

3064 Louise Ln

12 Douglas Ct

1600 S 6th St

1608 S 2nd St

1413 N 5th St

14 Amos Valley Dr

3617 N Grand Ave E

3430 N Peoria Rd

514 E Oak St
Franklin, IL Local Guide

How much does it cost to rent an apartment in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Studio Apartments | $1,262 | $675 | $1,900 |
| Franklin 1 Bedroom Apartments | $922 | $347 | $2,400 |
| Franklin 2 Bedroom Apartments | $1,121 | $408 | $3,400 |
| Franklin 3 Bedroom Apartments | $1,541 | $1,025 | $2,120 |
| Franklin 4 Bedroom Apartments | $1,150 | $1,150 | $1,150 |
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Franklin, IL Local Guide
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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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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, IL Rentals by Map
See the most popular apartments and homes in Franklin, IL
Frequently Asked Questions about Franklin
What is the current price range for One Bedroom Franklin Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Franklin ranges from $347 to $2,400 with an average monthly rent of $922.
What does renting a Two Bedroom Apartment in Franklin cost?
The monthly rent prices of Two Bedroom Apartments currently available in Franklin range from $408 to $3,400. Today's average rental price for Two Bedrooms here is $1,121.
How expensive are Franklin Three Bedroom Apartments?
There are currently 12 Three Bedroom Apartments listings available in Franklin on ApartmentHomeLiving.com. The pricing ranges from $1,025 to $2,120 - averaging $1,541 for the location.
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

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.

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.