Cheap Apartments for Rent near Franklin, LA from $600 (46 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Lafayette Gardens
Rent Specials
$1,135 - $1,680
Total Monthly Price

Total Monthly Price

Base Rent
$1,135 - $1,680
Total Monthly Price
$1,135 - $1,680
1 to 3 Bedroom Apartments Available Now

Lafayette Gardens

110 E Martial AveLafayette, LA 70508
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 2915 LA-14

$595 - $895

1 Bedroom Rentals

Available Now

2915 LA-14

New IberiaLA70560
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Santa Rosa
Studio to 2 Bedroom Apartments

Santa Rosa

200 Merchants BlvdLafayette, LA 70508
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.

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Admiral Pointe
2 Bedroom Apartments

Admiral Pointe

713 W Admiral Doyle DrNew Iberia, LA 70560
  • 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.

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Showing Results 1-46, Page 1 of 1

Franklin, LA Local Guide

Cheapest Available Franklin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Franklin, LA is a 1 Bed unit found at Patriot Point of New Iberia in the St Martin Parish neighborhood priced from $650. Stone Bridge in the Vermilion Parish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $720. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Patriot Point of New Iberia1 Bed 1 Bath1BR,1BA$650
Stone Bridge1 Bed 1 Bath1BR,1BA$720
Colonial Estates1 Bedroom1BR,1BA$800
Santa RosaSRSMRStudio,1BA$800
Acadian Point ApartmentsA1 1 BEDROOM 1 BATH1BR,1BA$824
The Bradford Apartments1 Bedroom1BR,1BA$840
The Arts Apartments At Broussard CrossingA11BR,1BA$870
Bayou ReserveA21BR,1BA$929
Elora PlaceVermillion1BR,1BA$975
EmberwoodAcorn1BR,1BA$995

Best Value Apartments for Rent in Franklin, LA and Nearby

As of August 07, 2026 the best value apartment in the Franklin area is the $1.23 price per square foot 4 Bedroom Model at Canebrake Landings in the in the Central Lafayette Parish neighborhood starting from $2,100. The second greatest value Franklin apartment is the B4 Model at The Highlands Lafayette starting at $1,789 with a $1.17 price per square foot in the Central Lafayette Parish 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.
Canebrake Landings4 Bedroom4BR,2BA$1.23
The Highlands LafayetteB42BR,2BA$1.17
The Reserve at River PlaceThe Cane2BR,2BA$1.32
Villa BroussardThe Atchafalaya2BR,2BA$1.32
The Plantation at Lafayette2 Bed 2 Bath (B1)2BR,2BA$1.26
Elora PlaceVermillion1BR,1BA$1.14
Stone Bridge1 Bed 1 Bath1BR,1BA$0.85
The Bradford Apartments1 Bedroom1BR,1BA$1.23
Acadian Point ApartmentsA1 1 BEDROOM 1 BATH1BR,1BA$1.26
Patriot Point of New Iberia1 Bed 1 Bath1BR,1BA$1.09

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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

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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 $650 at Patriot Point of New Iberia.

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 $750 at Patriot Point of New Iberia.

What is the most affordable Franklin Three Bedroom Apartment?

The best deal on a cheap Franklin Three Bedroom Apartment rental is at Stone Bridge and starts from $796.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.