Cheap Apartments for Rent in Franklin, KY from $400 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin.

Western Green
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.

Willow Creek Apartments

Covington Station

River Woods Apartments

Cameron Park Apartments
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.

Keystone Commons - SoKy Rentals

Lynnwood Apartments

The Adler Apartment Homes

The Ridge at Walnut Valley
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.
Franklin, KY Local Guide

How much does it cost to rent an apartment in Franklin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Franklin Studio Apartments | $685 | $685 | $685 |
Cheap Franklin 1 Bedroom Apartments | $1,135 | $700 | $1,719 |
Cheap Franklin 2 Bedroom Apartments | $1,269 | $610 | $2,370 |
Cheap Franklin 3 Bedroom Apartments | $1,550 | $850 | $2,602 |
Cheap Franklin 4 Bedroom Apartments | $945 | $440 | $1,850 |
Browse Top Apartments in Franklin
See all Apartments in FranklinExplore Franklin
Franklin, KY Local Guide
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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 $685. Willow Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $740. Here is today’s list of the most affordable Franklin apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Western Green | Studio / Eff unit | Studio,1BA | $685 |
Willow Creek Apartments | One Bedroom Garden | 1BR,1BA | $740 |
River Woods Apartments | River Woods - 2/1 | 2BR,1BA | $775 |
Cameron Park Apartments | 1 Bed, 1 bath | 1BR,1BA | $815 |
Ashton Parc | 1 Bedroom | 1BR,1BA | $822 |
Best Value Apartments for Rent in Franklin, KY
As of June 26, 2025 the best value apartment in the Franklin area is the $0.94 price per square foot Townhome 3BR Model at Blackberry Ridge Townhomes in the starting from $1,600. The second greatest value Franklin apartment is the 3 Bedroom Model at Summerland Townhomes starting at $1,450 with a $1.02 price per square foot . Here is today’s list of the best values for Franklin apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Blackberry Ridge Townhomes | Townhome 3BR | 3BR,2.5BA | $0.94 |
Summerland Townhomes | 3 Bedroom | 3BR,2.5BA | $1.02 |
Sumner Pointe | 2 Beds, 1 bath | 2BR,1BA | $1.04 |
Cave Mill Apartments | Meremac | 2BR,2BA | $1.04 |
The Ridge at Walnut Valley | The Walnut | 2BR,2BA | $0.84 |
1120 Bluegrass Rd, Unit G1 | 1120 Bluegrass Rd | 2BR,2BA | $1.00 |
Keystone Commons - 2184 | Dowsntairs 2 Bedroom | 2BR,2BA | $1.02 |
Crown, The | 2x2 | 2BR,2BA | $0.66 |
Ashton Parc | 1 Bedroom | 1BR,1BA | $1.03 |
River Woods Apartments | River Woods - 1/1 | 1BR,1BA | $0.97 |
Quick Rent Budget Calculator
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Best Local Schools in Franklin, KY
Franklin-Simpson High School
Franklin-Simpson Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Franklin, KY Rentals by Map
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Getting Around Franklin, KY
Walk Score®
27 / 100
Car-Dependent
Most errands require a car
Bike Score®
34 / 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 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 $775 at River Woods Apartments.
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
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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.