Cheap Apartments for Rent in Franklin, KY from $400 (16 Rentals)

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101 Building
2 Bedroom Apartments

101 Building

101 S Main StFranklin, KY 42134
Corporate Housing

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.

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.

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Jackson's Landing
1 Bedroom Apartments

Jackson's Landing

1015 Shive LnBowling Green, KY 42103
  • Utilities Included
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Moss View
1 to 2 Bedroom Apartments

Moss View

240 Moss View StBowling Green, KY 42101
  • Utilities Included

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.

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Thames Valley
1 to 2 Bedroom Apartments

Thames Valley

134-272 Audley AveBowling Green, KY 42101
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Cherry Farms
1 to 3 Bedroom Apartments

Cherry Farms

268 Cherry Farm LnBowling Green, KY 42103

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 $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 ListingModel NameBed/BathPriced From
Western GreenStudio / Eff unitStudio,1BA$685
Willow Creek ApartmentsOne Bedroom Garden1BR,1BA$740
River Woods ApartmentsRiver Woods - 2/12BR,1BA$775
Cameron Park Apartments1 Bed, 1 bath1BR,1BA$815
Ashton Parc1 Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Blackberry Ridge TownhomesTownhome 3BR3BR,2.5BA$0.94
Summerland Townhomes3 Bedroom3BR,2.5BA$1.02
Sumner Pointe2 Beds, 1 bath2BR,1BA$1.04
Cave Mill ApartmentsMeremac2BR,2BA$1.04
The Ridge at Walnut ValleyThe Walnut2BR,2BA$0.84
1120 Bluegrass Rd, Unit G11120 Bluegrass Rd2BR,2BA$1.00
Keystone Commons - 2184Dowsntairs 2 Bedroom2BR,2BA$1.02
Crown, The2x22BR,2BA$0.66
Ashton Parc1 Bedroom1BR,1BA$1.03
River Woods ApartmentsRiver Woods - 1/11BR,1BA$0.97

Quick Rent Budget Calculator

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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

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.

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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.

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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.

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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.

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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.