Cheap Homes for Rent in Franklin, MO from $600 (17 Rentals)

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Cheap Homes in Franklin.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Read Article
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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 1 Bed unit found at Ash Street Place Apartments in the Tiger Village Apartments neighborhood priced from $705. Heather Ridge in the Tiger Village Apartments neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $919. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ash Street Place Apartments1x11BR,1BA$705
Heather Ridge1 bedroom1BR,1BA$919
It's about you!Spacious 2 Bedroom 1 Bathroom Apartment Home2BR,1BA$925
Tiger Village1 Bedroom Renovated1BR,1BA$946
Courtyard Apartments1 Bedroom1BR,1BA$959

Best Value Apartments for Rent in Franklin, MO and Nearby

As of May 02, 2025 the best value apartment in the Franklin area is the $0.92 price per square foot 4B 2.5B UP Model at CROSS CREEK VILLAS in the in the The Links of Columbia neighborhood starting from $1,849. The second greatest value Franklin apartment is the #501 Model at NorthLight Luxury Lofts starting at $2,300 with a $1.56 price per square foot in the Tiger Village Apartments 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 VILLAS4B 2.5B UP4BR,2.5BA$0.92
NorthLight Luxury Lofts#5012BR,2BA$1.56
Four Winds3 Bedroom Basement3BR,2BA$1.16
Townhomes by Element Communities Columbia2BR/2BA - Kentsfield2BR,2BA$0.51
Lake Broadway TownhomesFurnished 2 Bedroom 2 Bath2BR,2BA$1.29
It's about you!Our fully renovated 1 Bedroom 1 Bath Apartment ...1BR,1BA$1.42
Courtyard Apartments1 Bedroom1BR,1BA$1.50
Heather Ridge1 bedroom1BR,1BA$1.56
Ash Street Place Apartments1x11BR,1BA$1.34
Tiger Village1 Bedroom Renovated1BR,1BA$1.84

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Frequently Asked Questions about Franklin

What type of rentals are currently available in Franklin?

There are currently 38 Apartments for Rent in Franklin, MO with pricing that ranges from $489 to $4,301. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $695 to $2,700.

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 $695 to $2,700 with an average monthly rent of $1,257.

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 $609 to $4,301, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $489.

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.