Cheap Apartments for Rent in the Heritage Neighborhood of Franklin, IN from $800 (10 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Heritage area of Franklin.

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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Brookfield Townhomes
2 to 3 Bedroom Apartments

Brookfield Townhomes

1543-1578 Brookfield CirFranklin, IN 46131
  • Utilities Included
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Brixin Franklin
2 to 4 Bedroom Apartments

Brixin Franklin

1600 Traditions CtFranklin, IN 46131
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Parkside Apartments
1 to 2 Bedroom Apartments

Parkside Apartments

390 S Home AveFranklin, IN 46131
  • Utilities Included
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150 S Main St
3 Bedroom Apartments

150 S Main St

150 S Main StFranklin, IN 46131

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.

Heritage, Franklin, IN Local Guide

Cheapest Available Heritage Apartments for Rent

 

The cheapest available apartment rental in the Heritage area of Indianapolis, IN is a 1 Bed unit found at Lakeview Apartments priced from $1,105. Brixin Franklin has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,250. Here are the most affordable Heritage apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Lakeview ApartmentsA21BR,1BA$1,105
Brixin FranklinC1r2BR,2BA$1,250
The Row ApartmentsThe Lattice3BR,1BA$1,474

Best Value Apartments for Rent in Heritage, IN

As of October 22, 2025 the best value apartment in the Heritage area is the $1.05 price per square foot L3-SUN Model at The Links at Franklin in the in the Cityview Farm neighborhood starting from $2,000. The second greatest value Heritage apartment is the The Lattice Model at The Row Apartments starting at $1,474 with a $1.47 price per square foot in the Cityview Farm neighborhood. Here is today’s list of the best values for Heritage apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Links at FranklinL3-SUN3BR,2BA$1.05
The Row ApartmentsThe Lattice3BR,1BA$1.47
Brixin FranklinC1r2BR,2BA$1.37
Lakeview ApartmentsA11BR,1BA$1.72

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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Pet Friendly Lifestyle
Heritage, Franklin, IN

Ranked #1

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Heritage Neighborhood in Franklin, IN

Walk Score®

9 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Heritage Apartments

What is the lowest price for a Cheap Two Bedroom Heritage Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Heritage is starting from $1,145 at Lakeview Apartments.

What is the most affordable Heritage Three Bedroom Apartment?

The best deal on a cheap Heritage Three Bedroom Apartment rental is at The Row Apartments and starts from $1,474.

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.

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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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.