Cheap Apartments for Rent in Franklin, MO from $700 (42 Rentals)

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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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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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1012 E Broadway
1 to 3 Bedroom Apartments

1012 E Broadway

1012 E BroadwayColumbia, MO 65201
  • Utilities Included
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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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Franklin, MO Local Guide

Cheapest Available Franklin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Franklin, MO is a 2 Beds unit found at Ash Street Place Apartments in the Tiger Village Apartments neighborhood priced from $755. Tiger Village in the Tiger Village Apartments neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $912. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ash Street Place Apartments2x12BR,1BA$755
Tiger VillageOne Bedroom One Bath1BR,1BA$912
Broadway ApartmentsThe Hayes1BR,1BA$925
Courtyard Apartments1 Bedroom 1 Bath1BR,1BA$945
Heather Ridge2 Bedroom 1 Bath2BR,1BA$980
Forest VillageFV-C2BR,1BA$1,154
Boulder Springs ColumbiaAspen Creek1BR,1BA$1,302
Lake Broadway Townhomes2 Bed 2 Bath Partial Hardwood2BR,2BA$1,395
Columbia Square ApartmentsColumbia Square Two Bedroom (Affordable - Income G2BR,1BA$1,500
Cross Creek Villas4BR/2.5BA4BR,2BA$1,699

Best Value Apartments for Rent in Franklin, MO and Nearby

As of May 07, 2026 the best value apartment in the Franklin area is the $0.85 price per square foot 4BR/2.5BA Model at Cross Creek Villas in the in the Auburn Hills neighborhood starting from $1,699. The second greatest value Franklin apartment is the The Lyman Model at Walkers Ridge starting at $2,200 with a $1.22 price per square foot in the Broadway Farms 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.
Cross Creek Villas4BR/2.5BA4BR,2.5BA$0.85
Walkers RidgeThe Lyman4BR,2.5BA$1.22
Lake Broadway Townhomes2 Bed 2 Bath Partial Hardwood2BR,2BA$1.16
Forest VillageFV-D2BR,1BA$1.62
Heather Ridge2 Bedroom 1 Bath2BR,1BA$1.30
Ash Street Place Apartments2x12BR,1BA$1.03
Boulder Springs ColumbiaAspen Creek1BR,1BA$1.87
Broadway ApartmentsThe Hayes Renovated1BR,1BA$1.54
Courtyard Apartments1 Bedroom 1 Bath1BR,1BA$1.48
Tiger VillageOne Bedroom One Bath Renovated1BR,1BA$1.86

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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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!

Explore Franklin, MO Rentals by Map

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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 $912 at Tiger Village.

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 $755 at Ash Street Place Apartments.

What is the most affordable Franklin Three Bedroom Apartment?

The best deal on a cheap Franklin Three Bedroom Apartment rental is at Columbia Square Apartments and starts from $1,800.

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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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.