
Cheap Apartments for Rent in Franklin, OH from $500 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin.


335 S Main St

Colonial Village Apartments

Ashgrove Apartments

EMERALD EDGE APARTMENTS
Dayton's Best Affordable Neighborhoods
Learn about Dayton and the best places to live with original content written by our Local Expert Kim Mooneyham

Waterfront Apartments

Village East

Wyndemere Apartments

175 E 6th St

9 N River St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Sherman Glen

Franklin Commons Apartments

Liberty Station

Bavarian Woods Apartments

Oakwood Village
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Meadow View

Meadow Crossing
Franklin, OH Local Guide

How much does it cost to rent an apartment in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Studio Apartments | $695 | $695 | $695 |
| Franklin 1 Bedroom Apartments | $1,309 | $850 | $1,995 |
| Franklin 2 Bedroom Apartments | $1,399 | $916 | $2,500 |
| Franklin 3 Bedroom Apartments | $1,761 | $1,379 | $2,000 |
Browse Top Apartments in Franklin
See all Apartments in FranklinExplore Franklin
Franklin, OH Local Guide
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Cheapest Available Franklin Apartments for Rent and Nearby
 The cheapest available apartment rental in Franklin, OH is a 1 Bed unit found at Liberty Station in the North Cincinnati neighborhood priced from $850. Bavarian Woods Apartments in the Trails of Four Bridges neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here is today’s list of the most affordable Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Liberty Station | 1bdrm/1bath/garden | 1BR,1BA | $850 |
| Bavarian Woods Apartments | The Spruce | 1BR,1BA | $899 |
| Spring Creek Apartments | 2 BDRM | 2BR,1BA | $945 |
| Ashgrove Apartments | 1 Bedroom, 1 Bathroom Ranch-Style Apartment at ... | 1BR,1BA | $973 |
| Crown Ridge Apartments | 2 Bedrooms 1 Bath | 2BR,1BA | $1,000 |
Best Value Apartments for Rent in Franklin, OH and Nearby
As of August 04, 2026 the best value apartment in the Franklin area is the $1.11 price per square foot 2 Bedrooms 1 Bath Model at Crown Ridge Apartments in the in the North Cincinnati neighborhood starting from $1,000. The second greatest value Franklin apartment is the 2 BDRM Model at Spring Creek Apartments starting at $945 with a $1.18 price per square foot in the North Cincinnati 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. |
|---|---|---|---|
| Crown Ridge Apartments | 2 Bedrooms 1 Bath | 2BR,1BA | $1.11 |
| Spring Creek Apartments | 2 BDRM | 2BR,1BA | $1.18 |
| Echo Ridge Apartments | A3 | 1BR,1BA | $1.85 |
| Bavarian Woods Apartments | The Spruce | 1BR,1BA | $1.28 |
| Village East | 1 Bedroom, 1 Bath (Balcony) | 1BR,1BA | $1.70 |
| Ashgrove Apartments | 1 Bedroom, 1 Bathroom Ranch-Style Apartment at ... | 1BR,1BA | $1.69 |
| Liberty Station | 1bdrm/1bath/balcony/3rd fl | 1BR,1BA | $1.64 |
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, OH
Hampton Bennett Early Childhood Center
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Franklin, OH Rentals by Map
See the most popular apartments and homes in Franklin, OH
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 $850 at Liberty Station.
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 $945 at Spring Creek Apartments.
What is the most affordable Franklin Three Bedroom Apartment?
The best deal on a cheap Franklin Three Bedroom Apartment rental is at Echo Ridge Apartments and starts from $1,705.
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

Learn About the Top Affordable Neighborhoods to Rent in Dayton, OH
Written by: Kim Mooneyham
Once an industrial powerhouse in southwest Ohio, Dayton is gradually changing from a strictly blue-collar city to a light blue-collar/white-collar city with education, tech, and urban development opportunities.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.