
Cheap Homes for Rent in Franklin, NC from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.


319 Iotla Valley Park Rd

111 Iotla Valley Park Rd

297 Knoll Dr, Unit A

138 Sloan 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.

76 Bold Springs Ln

6 Chase Ln

419 N Country Clb Dr

140 Sloan St

2040 Cullowhee Mountain Rd
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.
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 | $1,676 | $775 | $2,650 |
| Franklin 3 Bedroom Homes for Rent | $2,716 | $850 | $4,000 |
| Franklin 4 Bedroom Homes for Rent | $3,700 | $3,100 | $4,000 |
| Franklin 5 Bedroom Homes for Rent | $4,250 | $4,000 | $4,500 |
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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 Windwood Apartments priced from $750. Northway Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Windwood Apartments | Duplex Updated 1 Bed 1 Bath | 1BR,1BA | $750 |
| Northway Apartments | Renovated 1 Bed 1 Bath | 1BR,1BA | $800 |
| Riverbank Commons | One Bedroom | 1BR,1BA | $850 |
Best Value Apartments for Rent in Franklin, NC
As of December 21, 2025 the best value apartment in the Franklin area is the $0.39 price per square foot Charming 4 Bedroom/4 Bathroom Apartments - Now ... Model at 4 bed/4 bath Off-Campus Apartments in the in the Downtown Clemson neighborhood starting from $550. The second greatest value Franklin apartment is the 3BR - 2BTH DLX Model at Crescent Pointe Apartments starting at $1,340 with a $1.00 price per square foot . 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. |
|---|---|---|---|
| 4 bed/4 bath Off-Campus Apartments | Charming 4 Bedroom/4 Bathroom Apartments - Now ... | 4BR,4BA | $0.39 |
| Crescent Pointe Apartments | 3BR - 2BTH DLX | 3BR,2BA | $1.00 |
| Flagship Western | 4x4 Flat | 4BR,4BA | $0.52 |
| Clemson Village | Three bedroom - Per Bedroom | 3BR,3BA | $0.68 |
| Northlake Estates | Two Bed Townhouse | 2BR,1.5BA | $0.96 |
| Hart's Cove | Three Bedroom | 3BR,3BA | $0.49 |
| Clemson Ridge Apartments | 3BR - 2BTH | 3BR,2BA | $1.04 |
| Oakcreste | Three Bedroom Townhome | 3BR,3BA | $0.82 |
| Vintages at Clemson | 2x1.5 | 2BR,1.5BA | $0.71 |
| Northway Apartments | Renovated 1 Bed 1 Bath | 1BR,1BA | $1.00 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 71 Apartments for Rent in Franklin, NC with pricing that ranges from $610 to $10,696. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $775 to $4,500.
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 $4,500 with an average monthly rent of $2,681.
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 $740 to $2,215, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $4,000. Four Bedroom Single-Family rentals are also available starting from $3,100 and Four Bedroom Apartments start at $610.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.