
Cheap Homes for Rent in Franklin, NC from $700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.


2468 US-441

297 Knoll Dr

3108 Georgia Rd

144 S Wayehutta Rd
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.

49 Turtle Hill Ln

183 Citadel Dr

157 Citadel Dr

0 N Womack St

2 Derby 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.

40 Walnut Run
Franklin, NC 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 | $1,626 | $775 | $2,400 |
| Franklin 3 Bedroom Homes for Rent | $2,470 | $1,500 | $3,500 |
| Franklin 4 Bedroom Homes for Rent | $2,200 | $1,700 | $2,500 |
Browse Top Homes for Rent in Franklin
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Franklin, NC Local Guide
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Cheapest Available Franklin Apartments for Rent
 The cheapest available apartment rental in Franklin, NC is a 1 Bed unit found at The Riverhouse of Cullowhee priced from $625. Windwood Apartments 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 |
|---|---|---|---|
| The Riverhouse of Cullowhee | 1 Bedroom | 1BR,1BA | $625 |
| Windwood Apartments | Duplex Classic 1 Bed 1 Bath | 1BR,1BA | $725 |
| Heritage Hills Apartments | 1BR/1BA (small) | 1BR,1BA | $825 |
| Riverbank Commons | One Bedroom | 1BR,1BA | $850 |
| FIELD VILLAGE APARTMENTS | 0 bedroom 1 bathroom | Studio,1BA | $888 |
Best Value Apartments for Rent in Franklin, NC
As of July 03, 2026 the best value apartment in the Franklin area is the $0.42 price per square foot 4x4 Townhome - AY 2026 - 2027 Model at Flagship Western Apartments & Townhomes in the starting from $679. The second greatest value Franklin apartment is the Charming 4 Bedroom/4 Bathroom Apartments Model at 4 bed/4 bath Off-Campus Apartments starting at $495 with a $0.35 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Flagship Western Apartments & Townhomes | 4x4 Townhome - AY 2026 - 2027 | 4BR,4BA | $0.42 |
| 4 bed/4 bath Off-Campus Apartments | Charming 4 Bedroom/4 Bathroom Apartments | 4BR,4BA | $0.35 |
| Northlake Estates | Two Bed Townhouse | 2BR,1.5BA | $0.96 |
| Northway Apartments | Renovated 3 Bed 1.5 Bath | 3BR,1.5BA | $0.86 |
| Oakcreste | Three Bedroom Townhome | 3BR,3BA | $0.82 |
| Clemson Ridge Apartments | 2BR - 2BTH | 2BR,2BA | $1.17 |
| Tillman Place | 2 Bedroom | 2BR,1BA | $1.14 |
| Vista Ridge | 2 Beds, 2 baths | 2BR,2BA | $1.11 |
| Shagbark | 1 Bedroom Apartment in Seneca, SC | 1BR,1BA | $1.15 |
| 4214 West Apartments | Two bedroom | 2BR,1BA | $0.74 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Best Local Schools in Franklin, NC
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Franklin
What type of rentals are currently available in Franklin?
There are currently 75 Apartments for Rent in Franklin, NC with pricing that ranges from $625 to $2,295. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $775 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 $775 to $3,500 with an average monthly rent of $1,681.
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 $750 to $2,215, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $625.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.