
Cheap Apartments for Rent in the Heritage Neighborhood of Franklin, IN from $900 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Heritage area of Franklin.


The Row Apartments

Lakeview Apartments
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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.
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.
Heritage, Franklin, IN Local Guide

How much does it cost to rent an apartment in Heritage?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Heritage 1 Bedroom Apartments | $1,203 | $1,145 | $1,250 |
Heritage 2 Bedroom Apartments | $1,308 | $1,299 | $1,350 |
Heritage 3 Bedroom Apartments | $1,530 | $1,474 | $1,700 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 3 mile radius of the Heritage Neighborhood of Franklin, IN.
See all Apartments in FranklinExplore Franklin
Heritage, Franklin, IN Local Guide
- Nearby Franklin neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Heritage Apartments for Rent
 The cheapest available apartment rental in the Heritage area of Indianapolis, IN is a 2 Beds unit found at The Row Apartments priced from $1,299. Lakeview Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,300. Here are the most affordable Heritage apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Row Apartments | The Picket | 2BR,1BA | $1,299 |
Lakeview Apartments | B1 | 2BR,1BA | $1,300 |
Brixin Franklin | D1r | 3BR,2BA | $1,499 |
Best Value Apartments for Rent in Heritage, IN
As of July 13, 2025 the best value apartment in the Heritage area is the $1.13 price per square foot D1r Model at Brixin Franklin in the in the Cityview Farm neighborhood starting from $1,499. The second greatest value Heritage apartment is the The Picket Model at The Row Apartments starting at $1,299 with a $1.53 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Brixin Franklin | D1r | 3BR,2BA | $1.13 |
The Row Apartments | The Picket | 2BR,1BA | $1.53 |
Lakeview Apartments | B1 | 2BR,1BA | $1.67 |
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 LifestyleHeritage, Franklin, IN
Ranked #1
Among neighborhoods in Franklin, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Heritage, Franklin, IN
Franklin Community High School
Franklin Community Middle School
School data provided by Great Schools
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
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 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 $1,299 at The Row Apartments.
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.