
Cheap Apartments for Rent in Franklin, LA from $600 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin.


Patriot Point of New Iberia (FKA Iberia South)

Sugarland Terrace

Stone Bridge

Garden Heights Apartments

Spanish Lake Apartments

Belle Vue Villa Apartments

Acadian Point Apartments
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.

Colonial Estates

CityParc

The Arts Apartments At Broussard Crossing

Grove At Plantation

City Heights Magnolia C.H.A.M.

The Bradford Apartments

Emberwood

Waterview Apartment Homes
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.

Mainstreet Annex at River Ranch

Elora Place

The Plantation at Lafayette

Mainstreet at River Ranch

Lafayette Gardens

Silo Creek Apartments

Bayou Reserve

Audubon Lake Apartment Homes
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.

Plantation Crossing

The Highlands Lafayette

Reserve at Squirrel Run

Villa Broussard

2915 LA-14

218 W St Peter St

921 S Theater St
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.

531 Pecan St

112 Oak Ridge Ave

Admiral Pointe

Santa Rosa

120 Oak Ridge Ave

117 Oak Ridge Ave

Riverside At Oakbourne Townhomes

3119 Kim Dr
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

221 Gustave St

318 L Dubois Rd

2820 Pine St
Franklin, LA Local Guide

How much does it cost to rent an apartment in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Studio Apartments | $961 | $936 | $986 |
| Franklin 1 Bedroom Apartments | $1,159 | $650 | $2,850 |
| Franklin 2 Bedroom Apartments | $1,437 | $750 | $3,650 |
| Franklin 3 Bedroom Apartments | $1,889 | $655 | $2,307 |
| Franklin 4 Bedroom Apartments | $1,433 | $745 | $2,100 |
Browse Top Apartments in Franklin
See all Apartments in FranklinExplore Franklin
Franklin, LA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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 (FKA Iberia South) in the St Martin Parish neighborhood priced from $650. Stone Bridge 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Patriot Point of New Iberia (FKA Iberia South) | 1 Bed 1 Bath | 1BR,1BA | $650 |
| Stone Bridge | 1 Bed 1 Bath | 1BR,1BA | $720 |
| Garden Heights Apartments | One Bed One Bath | 1BR,1BA | $750 |
| Belle Vue Villa Apartments | One Bed | 1BR,1BA | $750 |
| Colonial Estates | 1 Bedroom | 1BR,1BA | $800 |
| CityParc | A1 | 1BR,1BA | $830 |
| The Bradford Apartments | 1 Bedroom | 1BR,1BA | $865 |
| Grove At Plantation | 1 Bed 1.0 Bath | 1BR,1BA | $889 |
| Waterview Apartment Homes | A | 1BR,1BA | $904 |
| The Arts Apartments At Broussard Crossing | A1 | 1BR,1BA | $905 |
Best Value Apartments for Rent in Franklin, LA and Nearby
As of January 30, 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 tu2-th Model at Turnberry Townhomes starting at $1,250 with a $1.00 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. |
|---|---|---|---|
| Canebrake Landings | 4 Bedroom | 4BR,2BA | $1.23 |
| Turnberry Townhomes | tu2-th | 2BR,1.5BA | $1.00 |
| Plantation Crossing | B1 | 2BR,2BA | $1.20 |
| Acadian Point Apartments | B1 2 BEDROOM 1 BATH | 2BR,1BA | $1.10 |
| Elora Place | One Bedroom (a) | 1BR,1BA | $1.14 |
| Stone Bridge | 1 Bed 1 Bath | 1BR,1BA | $0.85 |
| Lafayette Gardens | 1 Bedroom | 1BR,1BA | $1.22 |
| Admiral Pointe | 2 Bed 1 Bath | 2BR,1BA | $1.11 |
| The Bradford Apartments | 2 Bedroom | 2BR,1BA | $1.17 |
| Patriot Point of New Iberia (FKA Iberia South) | 1 Bed 1 Bath | 1BR,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.
Read ArticleThe 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 ArticleCash 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 ArticleQuick 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.
Best Local Schools in Franklin, LA
W.P. Foster Elementary School
Franklin Senior High School
Franklin Junior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Franklin, LA Rentals by Map
See the most popular apartments and homes in Franklin, LA
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 (FKA Iberia South).
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 (FKA Iberia South).
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 $950.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
