
Apartments for Rent in Franklin, IN Under $1,500 (64 Rentals)


Total Monthly Price
50 W Madison St, Unit A

Lakeview Apartments

2125 Galaxy Dr

2099 Galaxy Dr

1199 Hospital Rd

447 E Jefferson St

447 E Jefferson St, Unit 3

120 E King St

120 E King St
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1001 Wild Ivy Trail

1420 E Jefferson St

Brookfield Townhomes

Brixin Franklin

401 N Main St

City View Farm Apartments

The Row Apartments

301 W Adams St

Stonebrook of Franklin

Green Acre Apartments
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Franklin Place Apartments

Greenwood Oaks

Maverick Modern Apartments

Pinebrook Apartments

Total Monthly Price
The Hangar on Emerson

Arlington Farms

Library Park

Allure Apartments

Total Monthly Price
Grove Crossing

Flats at Stones Crossing
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ARLO Apartments

Hartshire Lakes Apartments

The Timbers Apartments

Total Monthly Price
Pleasant Run Senior Apartments

Community Place

Total Monthly Price
Summit Pointe

Total Monthly Price
Copper Chase at Stones Crossing

Park Madison Apartments

Madison at Greenwood

Latitudes Apartments
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Devonshire Apartments

Autumn Chase

Ashmore Trace

Mission Hills

St. Andrews

Keeneland Crest Apartments

Yorktowne Farms Community

Westminster Apartments and Townhomes

Auburn Place

Courts of Valle Vista
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Franklin, IN Local Guide

How much does it cost to rent an apartment in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Studio Apartments Under $1500 | $1,153 | $775 | $1,360 |
| Franklin 1 Bedroom Apartments Under $1500 | $1,308 | $863 | $2,487 |
| Franklin 2 Bedroom Apartments Under $1500 | $1,594 | $920 | $2,668 |
| Franklin 3 Bedroom Apartments Under $1500 | $1,906 | $1,350 | $3,732 |
| Franklin 4 Bedroom Apartments Under $1500 | $1,760 | $1,760 | $1,760 |
Browse Top Apartments in Franklin
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Franklin, IN Local Guide
- Franklin Neighborhoods
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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
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.
Best Local Schools in Franklin, IN
Franklin Community High School
Custer Baker Intermediate 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
Frequently Asked Questions about Franklin
How much are Studio apartments in Franklin?
There are currently 5 Studio Apartments in Franklin with rent ranges from $775 to $1,360 with an average price of $1,153.
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 $863 to $2,487 with an average monthly rent of $1,308.
What does renting a Two Bedroom Apartment in Franklin cost?
The monthly rent prices of Two Bedroom Apartments currently available in Franklin range from $920 to $2,668. Today's average rental price for Two Bedrooms here is $1,594.
How expensive are Franklin Three Bedroom Apartments?
There are currently 37 Three Bedroom Apartments listings available in Franklin on ApartmentHomeLiving.com. The pricing ranges from $1,350 to $3,732 - averaging $1,906 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.
Helpful Local Expert Guides

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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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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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Articles, How-To's, and Tips

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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.

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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.

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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.