Cheap Apartments for Rent in Franklin, KY from $500 (61 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
101 Building
1 to 2 Bedroom Apartments

101 Building

101 S Main StFranklin, KY 42134
Corporate Housing

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article
close
View Me
Garvin Pointe
1 to 3 Bedroom Apartments

Garvin Pointe

41 Eddings RdFranklin, KY 42134
  • Utilities Included

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.

Read Article
close
View Me
The Emerson
Rent Specials
$944 - $2,248
Total Monthly Price

Total Monthly Price

Base Rent
$944 - $2,248
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Emerson

2426 Thoroughbred DrBowling Green, KY 42104
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article

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.

Read Article
close
View Me
Thames Valley
1 to 3 Bedroom Apartments

Thames Valley

134-272 Audley AveBowling Green, KY 42101
close
View Me
Moss View
1 to 2 Bedroom Apartments

Moss View

240 Moss View StBowling Green, KY 42101
  • Utilities Included
close
View Me
Cherry Farms
1 to 3 Bedroom Apartments

Cherry Farms

268 Cherry Farm LnBowling Green, KY 42103

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.

Read Article
Showing Results 1-50, Page 1 of 2

Franklin, KY Local Guide

Cheapest Available Franklin Apartments for Rent

 

The cheapest available apartment rental in Franklin, KY is a Studio unit found at Western Green in the Downtown Bowling Green neighborhood priced from $700. Countryside Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $755. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Western GreenStudio / Eff unitStudio,1BA$700
Countryside Apartments1BR/1BA1BR,1BA$755
Otte Center1/11BR,1BA$825
Hillview Commons1/11BR,1BA$825
The Adler Apartment HomesThe Francis1BR,1BA$849
Legacy Place Apartments1 Bedroom/1 Bath1BR,1BA$850
Lynnwood Apartments1BR/1.0BA1BR,1BA$850
Ashton Parc2 Bedroom. 2 Full Bathrooms2BR,2BA$895
Autumn Wood Apartments1 Bedroom/1 Bath - Interior1BR,1BA$900
Keystone Commons (SoKy Rentals)1 Bedroom1BR,1BA$900

Best Value Apartments for Rent in Franklin, KY

As of April 29, 2026 the best value apartment in the Franklin area is the $0.85 price per square foot Townhome 4BR Model at Blackberry Ridge Townhomes in the starting from $1,700. The second greatest value Franklin apartment is the 4BR/4.0BA Model at The Crown starting at $440 with a $0.31 price per square foot in the Downtown Bowling Green neighborhood. Here is today’s list of the best values for Franklin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Blackberry Ridge TownhomesTownhome 4BR4BR,2.5BA$0.85
The Crown4BR/4.0BA4BR,4BA$0.31
Summerland Townhomes2 Bedroom2BR,2.5BA$1.00
Grove Park Apartments3BED3BR,2BA$1.00
The Ariel - Beautifully Renovated!Large 2 Bedroom with Den2BR,3BA$1.01
River Woods Apartments3BR/2.0BA3BR,2BA$0.86
Willow Creek Apartments3 Bedroom Garden3BR,2BA$0.94
Cave Mill ApartmentsMeremac2BR,2BA$1.04
Cameron Park Apartments3 Beds, 1.5 baths3BR,1.5BA$0.90
The Ridge at Walnut ValleyThe Willow1BR,1BA$1.00

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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 Article
Decorative image

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.

Read Article
Decorative image

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Best Local Schools in
Franklin, KY

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Franklin, KY Rentals by Map

Decorative image of map

See the most popular apartments and homes in Franklin, KY

View Map
Franklin, KY Apartments Map
View Map
Franklin, KY Rental Homes Map

Frequently Asked Questions about Cheap Franklin Apartments

How much is rent for a Cheap One Bedroom Franklin Apartment?

The lowest price for a Cheap One Bedroom Franklin Apartment is $725 at Western Green.

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

Today's best deal for a Cheap Two Bedroom Apartment in Franklin is starting from $825 at Western Green.

What is the most affordable Franklin Three Bedroom Apartment?

The best deal on a cheap Franklin Three Bedroom Apartment rental is at Cameron Park Apartments and starts from $990.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.