
Cheap Homes for Rent in Heritage Neighborhood of Franklin, IN from $900 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Heritage area of Franklin.


290 Hurricane St

801 Hurricane St

1581 Roberts Rd

1199 Hospital Rd
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.

2091 Galaxy Dr

2099 Galaxy Dr

2099 Galaxy Dr

2091 Galaxy Dr

1541 Younce St
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

How much does it cost to rent a home in Heritage?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Heritage 2 Bedroom Homes for Rent | $1,362 | $950 | $1,625 |
| Heritage 3 Bedroom Homes for Rent | $1,752 | $1,295 | $2,200 |
| Heritage 4 Bedroom Homes for Rent | $1,895 | $1,600 | $2,375 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 3 mile radius of the Heritage Neighborhood of Franklin, IN.
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Heritage, Franklin, IN Local Guide
- Nearby Franklin neighborhoods
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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 $1,060. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakeview Apartments | A1 | 1BR,1BA | $1,060 |
| Brixin Franklin | C1r | 2BR,2BA | $1,250 |
| 301 W Adams St | 2BR/1.0BA | 2BR,1BA | $1,250 |
Best Value Apartments for Rent in Heritage, IN
As of December 09, 2025 the best value apartment in the Heritage area is the $1.18 price per square foot L3 Model at The Links at Franklin in the in the Cityview Farm neighborhood starting from $1,899. The second greatest value Heritage apartment is the Jefferson Model at Founders Pointe Apartments starting at $1,799 with a $1.37 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. |
|---|---|---|---|
| The Links at Franklin | L3 | 3BR,2BA | $1.18 |
| Founders Pointe Apartments | Jefferson | 3BR,2BA | $1.37 |
| Brixin Franklin | C1r | 2BR,2BA | $1.37 |
| The Row Apartments | The Picket | 2BR,1BA | $1.53 |
| 301 W Adams St | 2BR/1.0BA | 2BR,1BA | $1.56 |
| Lakeview Apartments | A1 | 1BR,1BA | $1.64 |
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.
Read ArticleThe 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.
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.
Pet Friendly LifestyleHeritage, Franklin, IN
Ranked #1
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Heritage, Franklin, IN
Franklin Community High School
Franklin Community Middle School
School data provided by Great Schools
Frequently Asked Questions about Heritage
What type of rentals are currently available in Heritage?
There are currently 28 Apartments for Rent in Heritage, IN with pricing that ranges from $1,060 to $2,200. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Heritage ranging from $950 to $2,375.
What is the current price range for Rental Homes in Heritage?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Heritage ranges from $950 to $2,375 with an average monthly rent of $1,514.
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.
Articles, How-To's, and Tips

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!