Cheap Apartments for Rent in Franklin, NC from $500 (9 Rentals)

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

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.

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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Applewood Villas
2 Bedroom Apartments

Applewood Villas

410 W South 4th StSeneca, SC 29678

Franklin, NC Local Guide

Cheapest Available Franklin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Franklin, NC is a 1 Bed unit found at Keoway Village Apartments priced from $655. Windwood Apartments 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
Keoway Village ApartmentsOne Bedroom1BR,1BA$655
Windwood ApartmentsRenovated 1 Bed 1 Bath1BR,1BA$850
Shagbark1 Bed, 1 bath1BR,1BA$850

Best Value Apartments for Rent in Franklin, NC and Nearby

As of June 23, 2025 the best value apartment in the Franklin area is the $0.39 price per square foot 4x4 Townhome Model at Flagship Western in the starting from $625. The second greatest value Franklin apartment is the 3X3 A Model at EPOCH starting at $995 with a $0.78 price per square foot in the Downtown Clemson 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.
Flagship Western4x4 Townhome4BR,4BA$0.39
EPOCH3X3 A3BR,3BA$0.78
Clemson VillageThree bedroom - Per Bedroom3BR,3BA$0.66
Dockside ClemsonC2 - 3x33BR,3BA$0.81
Northlake EstatesTwo Bed Townhouse2BR,1.5BA$0.96
Tillman Place4 Bedroom4BR,2BA$0.36
Shagbark2 Beds, 1.5 baths2BR,1.5BA$1.05
Northway ApartmentsRenovated 2 bed 1 Bath2BR,1BA$1.00
Vintages at Clemson2x1.52BR,1.5BA$0.71
Keoway Village ApartmentsOne Bedroom1BR,1BA$0.91

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

Explore Franklin, NC Rentals by Map

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Getting Around Franklin, NC

Walk Score®

28 / 100

Car-Dependent

Most errands require a car

Bike Score®

22 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $655 at Keoway Village Apartments.

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 $705 at Keoway Village Apartments.

What is the most affordable Franklin Three Bedroom Apartment?

The best deal on a cheap Franklin Three Bedroom Apartment rental is at Vista Ridge and starts from $1,114.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.