Cheap Apartments for Rent in Franklin, LA from $600 (45 Rentals)

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

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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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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Lafayette Gardens
Rent Specials
$1,055 - $1,680
Total Monthly Price

Total Monthly Price

Base Rent
$1,055 - $1,680
Total Monthly Price
$1,055 - $1,680
1 to 3 Bedroom Apartments Available Now

Lafayette Gardens

110 E Martial AveLafayette, LA 70508
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 2915 LA-14

$595 - $895

1 Bedroom Rentals

Available Now

2915 LA-14

New IberiaLA70560

Cash 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.

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Admiral Pointe
2 Bedroom Apartments

Admiral Pointe

713 W Admiral Doyle DrNew Iberia, LA 70560
  • Utilities Included
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Santa Rosa
1 to 2 Bedroom Apartments

Santa Rosa

200 Merchants BlvdLafayette, LA 70508
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.

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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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Showing Results 1-45, 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 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
CityParc at The RanchA11BR,1BA$830
The Bradford Apartments1 Bedroom1BR,1BA$840
Belle Vue Villa ApartmentsOne Bed1BR,1BA$875
EmberwoodPinecone1BR,1BA$900
Grove At Plantation1 Bed 1.0 Bath1BR,1BA$974
Elora PlaceVermillion1BR,1BA$975
Acadian Point ApartmentsB1 2 BEDROOM 1 BATH2BR,1BA$975

Best Value Apartments for Rent in Franklin, LA and Nearby

As of June 19, 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 The Teche Model at Reserve at Squirrel Run starting at $1,225 with a $1.06 price per square foot in the St Martin 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
Reserve at Squirrel RunThe Teche2BR,2BA$1.06
Plantation CrossingB12BR,2BA$1.20
Acadian Point ApartmentsB2 2 BEDROOM 2 BATH2BR,2BA$1.12
Garden Heights ApartmentsTwo Bed Two Bath2BR,2BA$1.12
Elora PlaceVermillion1BR,1BA$1.14
Stone Bridge1 Bed 1 Bath1BR,1BA$0.85
Lafayette Gardens1 Bedroom1BR,1BA$1.25
The Bradford Apartments1 Bedroom1BR,1BA$1.23
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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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.

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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 $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

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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.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.