Cheap Apartments for Rent in Franklin, NY from $400 (45 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.

property at 126 Main St

126 Main St

WindsorNY13865
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Graydon Apartments
2 Bedroom Apartments

Graydon Apartments

307 E Main StEndicott, NY 13760
  • Utilities Included
property at 4 Edwards St

4 Edwards St

BinghamtonNY13905
property at 2 Chapel Pl

2 Chapel Pl

BinghamtonNY13905
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11 West St
4 Bedroom Apartments

11 West St

11 West StOneonta, NY 13820
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 61 Leroy St

61 Leroy St

BinghamtonNY13905
property at 93 Chestnut St

93 Chestnut St

BinghamtonNY13905

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.

property at 76 Front St

76 Front St

BinghamtonNY13905
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Oakdale Arms
2 Bedroom Apartments

Oakdale Arms

801 Reynolds RdJohnson City, NY 13790
  • Utilities Included
property at 123 Front St

123 Front St

BinghamtonNY13905
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6 School St
2 to 3 Bedroom Apartments

6 School St

6 School StLittle Falls, NY 13365
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36 Maple St
1 Bedroom Apartments

36 Maple St

36 Maple StOneonta, NY 13820
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4 Livingston St
1 Bedroom Apartments

4 Livingston St

4 Livingston StBinghamton, NY 13903
  • Utilities Included

Franklin, NY Local Guide

Cheapest Available Franklin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Franklin, NY is a 1 Bed unit found at Holiday Efficiency Apartments in the Outer Utica neighborhood priced from $600. Norwich Court Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Holiday Efficiency ApartmentsStudio1BR,1BA$600
Norwich Court ApartmentsstudioStudio,1BA$850
Dietz Street Lofts1 Bedroom1BR,1BA$876
Chenango Place4 Bedroom / 4 Bathroom4BR,4BA$881
Homer/Belden66FStudio,1BA$950
Garden Apartments1 Bedroom1BR,1BA$995
Mountain Shadow ApartmentsTwo Bedroom with Balcony Second Fl2BR,1BA$1,025
Legacy Bay TownhomesHudson1BR,1BA$1,125
Mountain View Apartments1×1 First Floor1BR,1BA$1,200
Chenango Courtyard2 Bedroom2BR,1BA$1,295

Best Value Apartments for Rent in Franklin, NY and Nearby

As of July 11, 2025 the best value apartment in the Franklin area is the $1.21 price per square foot 3 Bedroom Model at Garden Apartments in the in the Adrian Terrace neighborhood starting from $1,450. The second greatest value Franklin apartment is the Floor Plan 1 Model at Hartford Mills Apartments starting at $1,300 with a $1.24 price per square foot in the South Utica 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.
Garden Apartments3 Bedroom3BR,2BA$1.21
Hartford Mills ApartmentsFloor Plan 12BR,1BA$1.24
Holly Brook Apartments2 Bed Renovated2BR,1BA$1.35
Mountain Shadow ApartmentsTwo Bedroom with Balcony Second Fl2BR,1BA$1.03
255 Main StreetBasement Unit3BR,1BA$0.80
The Printing HouseC13BR,2BA$1.08
Liberty Manor Apartments1×11BR,1BA$1.58
Legacy Bay TownhomesHudson1BR,1BA$1.41
Dietz Street Lofts1 Bedroom1BR,1BA$1.18
Holiday Efficiency ApartmentsStudio1BR,1BA$0.92

Quick Rent Budget Calculator

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

Explore Franklin, NY Rentals by Map

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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 $600 at Holiday Efficiency 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 $1,025 at Mountain Shadow Apartments.

What is the most affordable Franklin Three Bedroom Apartment?

The best deal on a cheap Franklin Three Bedroom Apartment rental is at Chenango Place and starts from $947.

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.