
Cheap Homes for Rent in Franklin, LA from $600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.


3350 LA-1

3350 Hwy 1
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.

1013 Iberia St

113 Oak Ridge Ave

131 Washington St
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.

105 N Cemetery St
Franklin, LA Local Guide

How much does it cost to rent a home in Franklin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Franklin 2 Bedroom Homes for Rent | $1,313 | $875 | $1,995 |
Franklin 3 Bedroom Homes for Rent | $1,766 | $995 | $2,950 |
Franklin 4 Bedroom Homes for Rent | $2,700 | $2,400 | $3,500 |
Franklin 5 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
Browse Top Homes for Rent in Franklin
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Franklin, LA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Iberia South (Patriot Point of New Iberia) | 1 Bed 1 Bath | 1BR,1BA | $650 |
Stone Bridge | 1 Bed 1 Bath | 1BR,1BA | $725 |
Garden Heights Apartments | One Bed One Bath | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Canebrake Landings | 3 Bedroom | 3BR,2BA | $1.05 |
The Highlands Lafayette | B1 | 2BR,2BA | $1.16 |
The Plantation at Lafayette | 2 Bed 2 Bath (B3) | 2BR,2BA | $1.17 |
City Heights Magnolia C.H.A.M. | 3x2 | 3BR,2BA | $0.98 |
Plantation Crossing | B1 | 2BR,2BA | $1.25 |
Elora Place | One Bedroom (b) | 1BR,1BA | $1.01 |
Riverside At Oakbourne Townhomes | One Bedroom | 1BR,1BA | $1.11 |
Stone Bridge | 1 Bed 1 Bath | 1BR,1BA | $0.85 |
Acadian Point Apartments | A1 1 BEDROOM 1 BATH | 1BR,1BA | $1.19 |
Iberia South (Patriot Point of New Iberia) | 1 Bed 1 Bath | 1BR,1BA | $1.09 |
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Pet Friendly Lifestyle
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Best Local Schools in Franklin, LA
W.P. Foster Elementary School
Franklin Senior High School
Franklin Junior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.

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.