1 Bedroom Apartments for Rent in Franklin, IN (49 Rentals)

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298 N Water St
1 Bedroom Apartments

298 N Water St

298 N Water StFranklin, IN 46131
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648 N Main St
1 Bedroom Apartments

648 N Main St

648 N Main StFranklin, IN 46131
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Countryview MHC
1 Bedroom Apartments

Countryview MHC

1199 Hospital RdFranklin, IN 46131
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199 S Main St
1 Bedroom Apartments

199 S Main St

199 S Main StFranklin, IN 46131
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399 N Main St
1 Bedroom Apartments

399 N Main St

399 N Main StFranklin, IN 46131

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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Parkside Apartments
1 Bedroom Apartments

Parkside Apartments

390 S Home AveFranklin, IN 46131
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Franklin Cove
1 Bedroom Apartments

Franklin Cove

2015 Franklin Cove CtFranklin, IN 46131

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.

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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.

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Navigating 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.

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Alder Woods
1 Bedroom Apartments

Alder Woods

6806 E County Line RdIndianapolis, IN 46237
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Emerald Lakes
1 Bedroom Apartments

Emerald Lakes

1180 Emerald Lakes DrGreenwood, IN 46143
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Franklin, IN Local Guide

Largest Available Franklin 1 Bedroom Apartments

The largest available 1 Bedroom apartment unit in Franklin, IN is found at Copper Chase at Stones Crossing in the Barton Lakes neighborhood and is 1,011 square feet priced from $1,174. Maverick Modern Apartments in the Winchester Village neighborhood has the second largest 1 Bedroom, which is sized at 937 square feet and currently listed start at $1,725. Here is today’s list of the largest available 1 Bedroom units in Franklin:

Apartment ListingModel NameSquare FootagePriced From
Copper Chase at Stones CrossingMercury1,011 Sq Ft$1,174
Maverick Modern ApartmentsDelta w/Garage937 Sq Ft$1,725
The Timbers ApartmentsThe Cedar914 Sq Ft$1,360
Keeneland Crest ApartmentsTuscan890 Sq Ft$1,099
St. Andrews1Bd/1Ba Y889 Sq Ft$1,100
Summit PointeThe Tanzania886 Sq Ft$941
Flats at Stones CrossingQuartz858 Sq Ft$1,478
Pinebrook ApartmentsPinebrook Apartments: 1-3 Bedrooms850 Sq Ft$1,275
Mission HillsA5 Palm Springs Renovated842 Sq Ft$1,142
Madison at GreenwoodA12 - Sherman830 Sq Ft$1,515

Cheapest Available Franklin 1 Bedroom Apartments

As of January 24, 2026 the lowest priced 1 Bedroom apartment unit in Franklin, IN is the The Palomino 1 BR 1 BA Model starting from $855 at Polo Run Apartments in the Winchester Village neighborhood. The second most affordable Franklin 1 Bedroom is the The Columbus Model at Summit Pointe starting at $918 in the Muirfield neighborhood. The average price for all 1 Bedroom apartments in Franklin is currently $1,277. Here is today’s list of the cheapest available 1 Bedroom options in Franklin:

Apartment ListingModel NamePriced From
Polo Run ApartmentsThe Palomino 1 BR 1 BA$855
Summit PointeThe Columbus$918
Keeneland Crest ApartmentsBristol$949
Courts of Valle Vista1Bd/1Ba-Up (DV)$964
Auburn Place1 Bedroom 1 Bath$973
Yorktowne Farms Community1 Bed 1 Bath$975
Westminster Apartments and TownhomesStafford$995
Mission HillsA2 Costa Mesa$999
The Fairways at Valle VistaAce$1,009
St. Andrews1Bd/1Ba Superior Tub$1,040

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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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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Best Local Schools in
Franklin, IN

School data provided by Great Schools

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Frequently Asked Questions about 1 Bedroom Franklin Apartments

What is the Cheapest apartment in Franklin with 1 Bedroom?

Currently the most affordable 1 Bedroom in Franklin is at Polo Run Apartments listed at $855.

How much is the average rent for a 1 Bedroom Franklin Apartment?

The average rent for a 1 Bedroom Apartment in Franklin is $1,277.

What is the largest available 1 Bedroom Franklin Apartment for rent?

Today's apartment with the most square footage in Franklin is a 1,011 square feet unit starting from $1,174 at Copper Chase at Stones Crossing.

What is the average size for Franklin 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in Franklin is currently 738 sq ft.

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.

Helpful Local Expert Guides

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

Written by: Wendy Melton

Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Written by: Wendy Melton

Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Written by: Wendy Melton

My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

Articles, How-To's, and Tips

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.