Cheap Apartments for Rent in Franklin, NC from $625 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in Franklin.

property at 185 Moss Ln
$1,000

Total Monthly Price

Base Rent$1,000

Total Monthly Price$1,000
1 Bedroom, 1 Bath Home for Rent
Available Now

185 Moss Ln

FranklinNC28734

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Applewood Villas
1 to 3 Bedroom Apartments

Applewood Villas

410 W South 4th StSeneca, SC 29678
Corporate Housing

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Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Timber Ridge
2 Bedroom Apartments

Timber Ridge

100 Timber Ridge LnSeneca, SC 29678
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Cottages at 76
1 to 3 Bedroom Apartments

Cottages at 76

37 Bynum StClayton, GA 30525

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.

Franklin, NC Local Guide

Cheapest Available Franklin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Franklin, NC is a 2 Beds unit found at Windwood Apartments priced from $850. Riverbank Commons in the Downtown Clemson neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Windwood ApartmentsClassic 2 Bed 1 Bath2BR, 1BA$850
Riverbank CommonsOne Bedroom1BR, 1BA$850
The Cove at ClemsonD1 - 4x4 Lake View4BR, 4BA$882
Shagbark1 Bedroom Apartment in Seneca, SC1BR, 1BA$935
Northway ApartmentsMove In Special **1/2 Off 2nd Full months Rent**2BR, 1BA$950
58 Cullowhee LLCStudio Model 1Studio, 1BA$950
Vista RidgeVista Ridge 22BR, 2BA$976
Tillman Place2 Bedroom2BR, 1BA$1,000
Crescent Pointe Apartments1BR - 1BTH DLX1BR, 1BA$1,100
Clemson Ridge Apartments2BR - 2BTH2BR, 2BA$1,175

Best Value Apartments for Rent in Franklin, NC and Nearby

As of September 22, 2026 the best value apartment in the Franklin area is the $0.36 price per square foot 5x5.5 + Legacy Model at The Pier in the Anderson Core neighborhood starting from $799. The second greatest value Franklin apartment is the 4x4 Standard Model at CollegePlace Clemson in the Downtown Clemson neighborhood starting at $1,000 with a $0.65 price per square foot. 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.
The Pier5x5.5 + Legacy5BR, 5.5BA$0.36
CollegePlace Clemson4x4 Standard2BR, 4BA$0.65
Clemson VillageThree bedroom - Per Bedroom3BR, 3BA$0.67
Northlake EstatesTwo Bed Townhouse2BR, 1.5BA$0.96
Hart's CoveThree Bedroom3BR, 3BA$0.49
OakcresteThree Bedroom Townhome3BR, 3BA$0.82
Clemson Ridge Apartments2BR - 2BTH2BR, 2BA$1.12
Northway ApartmentsMove In Special **1/2 Off 2nd Full months Rent**2BR, 1BA$1.00
Tillman Place2 Bedroom2BR, 1BA$1.14
Vista RidgeVista Ridge 22BR, 2BA$1.11

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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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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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!

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Frequently Asked Questions about Cheap Franklin Apartments

What is the Cheapest Studio apartment in Franklin?

Currently the most affordable Cheap Studio Apartment in Franklin is at 58 Cullowhee LLC listed at $950.

How much is rent for a Cheap One Bedroom Franklin Apartment?

The lowest price for a Cheap One Bedroom Franklin Apartment is $850 at Riverbank Commons.

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 $850 at Windwood Apartments.

What is the most affordable Franklin Three Bedroom Apartment?

The best deal on a cheap Franklin Three Bedroom Apartment rental is at Northway Apartments and starts from $1,100.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.