Cheap Apartments for Rent in Franklin, NY from $600 (36 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article
property at 126 Main St

126 Main St

WindsorNY13865
close
View Me
Graydon Apartments
2 Bedroom Apartments

Graydon Apartments

307 E Main StEndicott, NY 13760
  • Utilities Included

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.

Read Article
close
View Me
11 West St
4 Bedroom Apartments

11 West St

11 West StOneonta, NY 13820
Furnished
property at 76 Front St

76 Front St

BinghamtonNY13905
property at 93 Chestnut St

93 Chestnut St

BinghamtonNY13905
close
View Me
Oakdale Arms
2 Bedroom Apartments

Oakdale Arms

801 Reynolds RdJohnson City, NY 13790
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Read Article
close
View Me
Chenango Place
Studio to 6 Bedroom Apartments

Chenango Place

7-9 Court StBinghamton, NY 13901
Student Housing
  • Utilities Included
close
View Me
6 School St
2 to 3 Bedroom Apartments

6 School St

6 School StLittle Falls, NY 13365
  • Utilities Included
close
View Me
36 Maple St
1 Bedroom Apartments

36 Maple St

36 Maple StOneonta, NY 13820
Showing Results 1-36, Page 1 of 1

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. The Olbiston Apartments in the Adrian Terrace neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $737. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Holiday Efficiency ApartmentsStudio1BR,1BA$600
The Olbiston ApartmentsStudioStudio,1BA$737
Norwich Court ApartmentsstudioStudio,1BA$850
Dietz Street Lofts1 Bedroom1BR,1BA$876
Chenango Place4 Bedroom / 4 Bathroom4BR,4BA$881
Homer/Belden66FStudio,1BA$950
Squire Colony1 Bedroom1BR,1BA$950
4 Livingston St1 Bd/ 1 Ba1BR,1BA$1,000
Legacy Bay TownhomesHudson1BR,1BA$1,125
Mountain View Apartments1×1 First Floor1BR,1BA$1,200

Best Value Apartments for Rent in Franklin, NY and Nearby

As of May 21, 2025 the best value apartment in the Franklin area is the $1.17 price per square foot 3BD/2BA Model at Riviera Ridge Apartments in the in the Union Center neighborhood starting from $1,300. The second greatest value Franklin apartment is the 2BED/1BATH Model at Laurel Gardens APT starting at $1,599 with a $1.73 price per square foot in the Lockwood Falls 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.
Riviera Ridge Apartments3BD/2BA3BR,2BA$1.17
Laurel Gardens APT2BED/1BATH2BR,1BA$1.73
255 Main StreetBasement Unit3BR,1BA$0.80
The Printing HouseC13BR,2BA$1.08
Squire Colony2 Bedroom2BR,1BA$1.35
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
4 Livingston St1 Bd/ 1 Ba1BR,1BA$1.67

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Franklin, NY Rentals by Map

Decorative image of map

See the most popular apartments and homes in Franklin, NY

View MapFranklin, NY Apartments MapView MapFranklin, NY Rental Homes Map

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 The Olbiston Apartments listed at $737.

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 $991 at The Olbiston Apartments.

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

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

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.