Cheap Homes for Rent in Franklin, LA from $600 (7 Rentals)

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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.

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.

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 Iberia South (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 $725. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Iberia South (Patriot Point of New Iberia)1 Bed 1 Bath1BR,1BA$650
Stone Bridge1 Bed 1 Bath1BR,1BA$725
Garden Heights ApartmentsOne Bed One Bath1BR,1BA$750

Best Value Apartments for Rent in Franklin, LA and Nearby

As of September 25, 2025 the best value apartment in the Franklin area is the $1.05 price per square foot 3 Bedroom Model at Canebrake Landings in the in the Central Lafayette Parish neighborhood starting from $1,700. The second greatest value Franklin apartment is the B1 Model at The Highlands Lafayette starting at $1,592 with a $1.16 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 Landings3 Bedroom3BR,2BA$1.05
The Highlands LafayetteB12BR,2BA$1.16
The Plantation at Lafayette2 Bed 2 Bath (B3)2BR,2BA$1.17
City Heights Magnolia C.H.A.M.3x23BR,2BA$0.98
Plantation CrossingB12BR,2BA$1.25
Elora PlaceOne Bedroom (b)1BR,1BA$1.01
Riverside At Oakbourne TownhomesOne Bedroom1BR,1BA$1.11
Stone Bridge1 Bed 1 Bath1BR,1BA$0.85
Acadian Point ApartmentsA1 1 BEDROOM 1 BATH1BR,1BA$1.19
Iberia South (Patriot Point of New Iberia)1 Bed 1 Bath1BR,1BA$1.09

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Pet Friendly Lifestyle

Ranked #

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

Pet Friendliness Lifestyle Score

Pet Friendly

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

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Frequently Asked Questions about Franklin

What type of rentals are currently available in Franklin?

There are currently 43 Apartments for Rent in Franklin, LA with pricing that ranges from $650 to $3,650. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $670 to $3,500.

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 $670 to $3,500 with an average monthly rent of $1,793.

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 $2,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $2,950. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $745.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.