405 Anderson St
New IberiaLA70560
Cheap Homes for Rent in Franklin, LA from $600 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.
1110 Walton St
New IberiaLA70560
921 S Theater St
St. MartinvilleLA70582
517 Lasalle St
St. MartinvilleLA70582
1500 Adam St
New IberiaLA70560
505 E Main St
BroussardLA70518
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.
306 S Severin St
ErathLA70533
104 Oak Ridge Ave
DonaldsonvilleLA70346
205 Jacques St
YoungsvilleLA70592
1422 Southport Blvd
New IberiaLA70560
111 W Putnam Ave
ErathLA70533
5207 Jefferson Island Rd
New IberiaLA70560
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.
1502 Millien Rd
DonaldsonvilleLA70346
Showing Results 1-13, Page 1 of 1
Franklin, LA Local Guide
Historic lampposts lining Franklin's Main Street by Todd813 is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin 2 Bedroom Homes for Rent | $1,211 | $650 | $2,200 |
| Franklin 3 Bedroom Homes for Rent | $1,682 | $1,100 | $2,200 |
| Franklin 4 Bedroom Homes for Rent | $2,016 | $1,800 | $2,250 |
Browse Top Homes for Rent in Franklin
Explore Franklin
Franklin, LA Local Guide
- Nearby Cities
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Cheapest Available Franklin Apartments for Rent and Nearby
The cheapest available apartment rental in Franklin, LA is a 2 Beds unit found at Stone Bridge priced from $649. Patriot Point of New Iberia in the St Martin Parish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stone Bridge | 2 Bed 2 Bath | 2BR,2BA | $649 |
| Patriot Point of New Iberia | 1 Bed 1 Bath | 1BR,1BA | $650 |
| Belle Vue Villa Apartments | One Bed | 1BR,1BA | $750 |
| City Heights Magnolia | 1x1 | 1BR,1BA | $775 |
| Colonial Estates | 1 Bedroom | 1BR,1BA | $800 |
Best Value Apartments for Rent in Franklin, LA and Nearby
As of June 03, 2026 the best value apartment in the Franklin area is the $1.05 price per square foot B2 Model at The Highlands Lafayette in the in the Central Lafayette Parish neighborhood starting from $1,545. The second greatest value Franklin apartment is the The Teche Model at Reserve at Squirrel Run starting at $1,175 with a $1.02 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Highlands Lafayette | B2 | 2BR,2BA | $1.05 |
| Reserve at Squirrel Run | The Teche | 2BR,2BA | $1.02 |
| Plantation Crossing | B1 | 2BR,2BA | $1.21 |
| Acadian Point Apartments | B2 2 BEDROOM 2 BATH | 2BR,2BA | $1.12 |
| Garden Heights Apartments | Two Bed Two Bath | 2BR,2BA | $1.12 |
| Elora Place | Vermillion | 1BR,1BA | $1.14 |
| Stone Bridge | 1 Bed 1 Bath | 1BR,1BA | $0.85 |
| City Heights Magnolia | 1x1 | 1BR,1BA | $1.09 |
| The Bradford Apartments | 1 Bedroom | 1BR,1BA | $1.23 |
| Patriot Point of New Iberia | 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 Article
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.
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.
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Best Local Schools in Franklin, LA
W.P. Foster Elementary School
St. Mary Parish School District
Public School - Grades PK-5 (250)
6 out of 10
Franklin Senior High School
St. Mary Parish School District
Public School - Grades 9-12 (297)
5 out of 10
Franklin Junior High School
St. Mary Parish School District
Public School - Grades 6-8 (211)
5 out of 10
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 Franklin
What type of rentals are currently available in Franklin?
There are currently 48 Apartments for Rent in Franklin, LA with pricing that ranges from $649 to $3,650. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $650 to $2,250.
What is the current price range for Rental Homes in Franklin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Franklin ranges from $650 to $2,250 with an average monthly rent of $1,426.
How much are larger Three and Four Bedroom Rentals in Franklin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Franklin range from $694 to $2,442, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $745.
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
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
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.
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.
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.