Cheap Apartments for Rent in Franklin, LA from $600 (33 Rentals)

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

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.

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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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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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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.

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Showing Results 1-33, 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 Stone Bridge priced from $725. Garden Heights Apartments in the Central Lafayette Parish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stone Bridge1 Bed 1 Bath1BR,1BA$725
Garden Heights ApartmentsOne Bed One Bath1BR,1BA$750
Colonial Estates1 Bedroom1BR,1BA$800
The Arts Apartments At Broussard CrossingA11BR,1BA$825
Santa RosaSR11MR1BR,1BA$925
Grove At Plantation1 Bed 1.0 Bath1BR,1BA$964
Iberia South (Patriot Point of New Iberia)1 Bed 1 Bath1BR,1BA$1,027
Reserve at Squirrel RunThe Evangeline1BR,1BA$1,095
Riverside At Oakbourne TownhomesOne Bedroom1BR,1BA$1,120
Mainstreet Annex at River RanchAStudio,1BA$1,122

Best Value Apartments for Rent in Franklin, LA and Nearby

As of July 30, 2025 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 B1 Model at The Highlands Lafayette starting at $1,698 with a $1.24 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 LafayetteB12BR,2BA$1.24
The Reserve at River PlaceThe Cane2BR,2BA$1.32
Audubon Lake Apartment HomesTwo Bedroom 2 Bath- 1053 sqft2BR,2BA$1.30
Bayou ReserveB12BR,2BA$1.25
Riverside At Oakbourne TownhomesOne Bedroom1BR,1BA$1.24
Stone Bridge1 Bed 1 Bath1BR,1BA$0.85
Lafayette Gardens1 Bedroom1BR,1BA$1.37
Reserve at Squirrel RunThe Evangeline1BR,1BA$1.35
The Arts Apartments At Broussard CrossingA11BR,1BA$1.27

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Pet Friendly Lifestyle

Ranked #

Among cities in Louisiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

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Best Local Schools in
Franklin, LA

School data provided by Great Schools

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

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Getting Around Franklin, LA

Walk Score®

26 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 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 Stone Bridge.

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 $850 at Stone Bridge.

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

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.