
Cheap Homes for Rent in Franklin, KY from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.


110 Creekside Drive, Apt. B, Unit 112B

112 Creekside Dr

114 Creekside Dr

300 Peach St, Unit 300 Peach B

204 TN-52

834 N Main St

431 Hendricks St

413 E Madison St
Franklin, KY Local Guide

How much does it cost to rent a home in Franklin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Franklin 2 Bedroom Homes for Rent | $1,352 | $700 | $2,395 |
Franklin 3 Bedroom Homes for Rent | $1,841 | $1,195 | $2,300 |
Franklin 4 Bedroom Homes for Rent | $2,037 | $1,825 | $2,495 |
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Franklin, KY Local Guide
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Cheapest Available Franklin Apartments for Rent
 The cheapest available apartment rental in Franklin, KY is a 1 Bed unit found at Walnut Forest Apartments priced from $590. River Woods Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Franklin apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Walnut Forest Apartments | 1 Bed, 1 bath | 1BR,1BA | $590 |
River Woods Apartments | River Woods - Promo - 1/1 | 1BR,1BA | $695 |
CEDARGATE APARTMENTS | 1 Bedroom 1 Bathroom | 1BR,1BA | $720 |
Best Value Apartments for Rent in Franklin, KY
As of September 10, 2025 the best value apartment in the Franklin area is the $0.85 price per square foot Townhome 3BR Model at Blackberry Ridge Townhomes in the starting from $1,450. 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 | $0.85 |
Summerland Townhomes | 3 Bedroom | 3BR,2.5BA | $1.02 |
Sumner Pointe | 2 Beds, 1 bath | 2BR,1BA | $1.04 |
Cumberland Trace Village | The Moore - 2X2 | 2BR,2BA | $1.02 |
Willow Creek Apartments | 2 Bedroom Townhouse | 2BR,2.5BA | $0.85 |
The Ridge at Walnut Valley | The Walnut | 2BR,2BA | $1.03 |
Ashton Parc | 2 Bedroom. 2 Full Bathrooms | 2BR,2BA | $0.97 |
114 Creekside Dr, Unit B | 114 Creekside Dr | 2BR,2BA | $0.95 |
Keystone Commons | Dowsntairs 2 Bedroom | 2BR,2BA | $1.02 |
River Woods Apartments | River Woods - Promo - 1/1 | 1BR,1BA | $0.97 |
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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!
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Frequently Asked Questions about Franklin
What type of rentals are currently available in Franklin?
There are currently 65 Apartments for Rent in Franklin, KY with pricing that ranges from $590 to $2,475. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $700 to $2,495.
What is the current price range for Rental Homes in Franklin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Franklin ranges from $700 to $2,495 with an average monthly rent of $1,743.
How much are larger Three and Four Bedroom Rentals in Franklin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Franklin range from $700 to $2,475, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,825 and Four Bedroom Apartments start at $975.
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.