Cheap Apartments for Rent in Franklin, NE from $500 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin.

Burlington Place

Old Walnut

Lakeside
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.

Village at Kearney Apartments

Kearney Apartment Homes

621 W 7th St

Regency Heights

Ridgeland Park Apartments in York

Autumn Park Apartments

HANGAR 55 AT THEATRE DISTRICT

Prairie Heights Apartments

East Park on Stuhr
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.

Cherry Park

123 N Locust St, Unit 304

Residences at Oak Pointe

Village Plaza Homes

403 S 3rd St

208 E 5th St
The 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.

105 5th St

809 1/2 S Locust St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Franklin, NE Local Guide

How much does it cost to rent an apartment in Franklin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Franklin Studio Apartments | $1,021 | $695 | $1,500 |
Franklin 1 Bedroom Apartments | $1,250 | $645 | $2,195 |
Franklin 2 Bedroom Apartments | $1,512 | $615 | $2,545 |
Franklin 3 Bedroom Apartments | $1,476 | $900 | $2,995 |
Browse Top Apartments in Franklin
See all Apartments in FranklinExplore Franklin
Franklin, NE Local Guide
- Nearby Cities
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Cheapest Available Franklin Apartments for Rent and Nearby
 The cheapest available apartment rental in Franklin, NE is a 2 Beds unit found at Westside priced from $615. Burlington Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. Here is today’s list of the most affordable Franklin apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Westside | 2 Bed 1 Bath | 2BR,1BA | $615 |
Burlington Place | 1 Bed 1 Bath | 1BR,1BA | $645 |
Lakeside | 2 Bed 1.5 Bath | 2BR,1BA | $730 |
Village at Kearney Apartments | Three Bedroom Two Bath | 3BR,2BA | $955 |
HANGAR 55 AT THEATRE DISTRICT | Teton | Studio,1BA | $965 |
The Crystal on C Ave | Studio | Studio,1BA | $999 |
Pioneer Trail Flats | The Napa | 1BR,1BA | $1,025 |
Ridgeland Park Apartments in York | York | 2BR,1BA | $1,045 |
832 Flats | 2-Bedroom | 2BR,1BA | $1,075 |
535 Flats | 2-Bedroom | 2BR,1BA | $1,075 |
Best Value Apartments for Rent in Franklin, NE and Nearby
As of September 09, 2025 the best value apartment in the Franklin area is the $1.29 price per square foot 3 Bed, 2 Bath Model at Cross Creek Apartments in the starting from $1,650. The second greatest value Franklin apartment is the 2-Bedroom Model at 832 Flats starting at $1,075 with a $0.98 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. |
---|---|---|---|
Cross Creek Apartments | 3 Bed, 2 Bath | 3BR,2BA | $1.29 |
832 Flats | 2-Bedroom | 2BR,1BA | $0.98 |
535 Flats | 2-Bedroom | 2BR,1BA | $0.98 |
Village at Kearney Apartments | Three Bedroom Two Bath | 3BR,2BA | $0.92 |
Residences at Oak Pointe | 1 Bed, 1 Bath | 1BR,1BA | $1.33 |
The Crystal on C Ave | Studio | Studio ,1BA | $1.18 |
Lakeside | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.87 |
Westside | 2 Bed 1 Bath | 2BR,1BA | $0.74 |
Ridgeland Park Apartments in York | York | 2BR,1BA | $1.28 |
Burlington Place | 1 Bed 1 Bath | 1BR,1BA | $0.97 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Franklin, NE Rentals by Map
See the most popular apartments and homes in Franklin, NE
Getting Around Franklin, NE
Walk Score®
37 / 100
Car-Dependent
Most errands require a car
Bike Score®
38 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 HANGAR 55 AT THEATRE DISTRICT listed at $965.
How much is rent for a Cheap One Bedroom Franklin Apartment?
The lowest price for a Cheap One Bedroom Franklin Apartment is $645 at Burlington Place.
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 $615 at Westside.
What is the most affordable Franklin Three Bedroom Apartment?
The best deal on a cheap Franklin Three Bedroom Apartment rental is at Westside and starts from $925.
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.