Cheap Apartments for Rent in Franklin, LA from $600 (41 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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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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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

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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Showing Results 1-41, 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
Garden Heights ApartmentsOne Bed One Bath1BR,1BA$750
Belle Vue Villa ApartmentsOne Bed1BR,1BA$750
City Heights Magnolia1x11BR,1BA$775
Colonial Estates1 Bedroom1BR,1BA$800
The Bradford Apartments1 Bedroom1BR,1BA$840
EmberwoodPinecone1BR,1BA$865
CityParcA21BR,1BA$880
The Arts Apartments At Broussard CrossingA11BR,1BA$886

Best Value Apartments for Rent in Franklin, LA and Nearby

As of May 02, 2026 the best value apartment in the Franklin area is the $1.12 price per square foot B1 Model at The Highlands Lafayette in the in the Central Lafayette Parish neighborhood starting from $1,540. The second greatest value Franklin apartment is the tu2-th Model at Turnberry Townhomes starting at $1,275 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Highlands LafayetteB12BR,2BA$1.12
Turnberry Townhomestu2-th2BR,1.5BA$1.02
The Plantation at Lafayette2 Bed 2 Bath (B1)2BR,2BA$1.14
Colonial Estates3 Bedroom3BR,1.5BA$1.10
Acadian Point ApartmentsB1 2 BEDROOM 1 BATH2BR,1BA$1.13
Elora PlaceOne Bedroom (a)1BR,1BA$1.14
Stone Bridge1 Bed 1 Bath1BR,1BA$0.85
The Bradford Apartments2 Bedroom2BR,1BA$1.17
City Heights Magnolia1x11BR,1BA$1.09
Patriot Point of New Iberia1 Bed 1 Bath1BR,1BA$1.09

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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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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Quick 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.

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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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.