
New Apartments for Rent in Franklin, IN (20 Rentals)

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.

Arlington Farms

ARLO Apartments

Maverick Modern Apartments

The Madison at Greenwood

Flats At Stones Crossing

Alder Woods LLC

The Village at Sandstone Apartments
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.

The Hangar on Emerson Apartments

Redwood Greenwood

Pleasant Run Senior Apartments

The Timbers Apartments

Grove Crossing
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.
Franklin, IN Local Guide

How much does it cost to rent an apartment in Franklin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
New Franklin Studio Apartments | $1,218 | $750 | $1,374 |
New Franklin 1 Bedroom Apartments | $1,290 | $829 | $2,524 |
New Franklin 2 Bedroom Apartments | $1,596 | $920 | $2,682 |
New Franklin 3 Bedroom Apartments | $1,950 | $1,390 | $2,915 |
New Franklin 4 Bedroom Apartments | $2,031 | $1,650 | $2,735 |
Browse Top Apartments in Franklin
See all Apartments in FranklinExplore Franklin
Franklin, IN Local Guide
- Franklin Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Pet Friendly Lifestyle
Ranked #
Pet Friendliness Lifestyle Score
Best Local Schools in Franklin, IN
Franklin Community High School
Franklin Community Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Franklin, IN Rentals by Map
See the most popular apartments and homes in Franklin, IN
Getting Around Franklin, IN
Walk Score®
35 / 100
Car-Dependent
Most errands require a car
Bike Score®
42 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about New Franklin Apartments
What is the Cheapest New apartment in Franklin?
Currently the most affordable New Apartment in Franklin is at Alder Woods LLC listed at $1,195.
How much is the average rent for a New Franklin Apartment?
The average rent for a New Apartment in Franklin is $1,623.
What is the largest New Franklin Apartment for rent?
Today's New apartment with the most square footage in Franklin is a 1,595 square feet unit starting from $1,363 at Maverick Modern Apartments.
What is the average size for Franklin New Apartments for rent?
The average size for a New rental in Franklin is currently at 683 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.