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


EMERALD EDGE APARTMENTS
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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.
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.

Bavarian Woods Apartments
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, OH Local Guide

How much does it cost to rent an apartment in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Studio Apartments | $690 | $690 | $690 |
| Franklin 1 Bedroom Apartments | $1,200 | $775 | $1,605 |
| Franklin 2 Bedroom Apartments | $1,383 | $850 | $2,500 |
| Franklin 3 Bedroom Apartments | $1,761 | $1,339 | $2,165 |
Browse Top Apartments in Franklin
See all Apartments in FranklinExplore Franklin
Franklin, OH Local Guide
- Nearby Cities
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Cheapest Available Franklin Apartments for Rent and Nearby
 The cheapest available apartment rental in Franklin, OH is a 2 Beds unit found at Liberty Station in the North Cincinnati neighborhood priced from $875. Spring Creek Apartments in the North Cincinnati neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $945. Here is today’s list of the most affordable Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Liberty Station | 2bdrm/1bath/balcony/3rd fl | 2BR,1BA | $875 |
| Spring Creek Apartments | 2 BDRM | 2BR,1BA | $945 |
| Village East | 1 Bedroom, 1 Bath | 1BR,1BA | $950 |
| Crown Ridge Apartments | 2 Bedrooms 1 Bath | 2BR,1BA | $970 |
| Bavarian Woods Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1,049 |
Best Value Apartments for Rent in Franklin, OH and Nearby
As of December 03, 2025 the best value apartment in the Franklin area is the $1.44 price per square foot 3/2 Model at EMERALD EDGE APARTMENTS in the in the North Cincinnati neighborhood starting from $1,588. The second greatest value Franklin apartment is the 2 Bedroom 2 Bath Model at Bavarian Woods Apartments starting at $1,104 with a $1.10 price per square foot in the Trails of Four Bridges 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. |
|---|---|---|---|
| EMERALD EDGE APARTMENTS | 3/2 | 3BR,2BA | $1.44 |
| Bavarian Woods Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.10 |
| Village East | 2 Bedroom, 1 1/2 Bath Townhome | 2BR,1.5BA | $1.47 |
| Crown Ridge Apartments | 2 Bedrooms 1 Bath | 2BR,1BA | $1.08 |
| Spring Creek Apartments | 2 BDRM | 2BR,1BA | $1.18 |
| Liberty Station | 2bdrm/1bath/balcony/3rd fl | 2BR,1BA | $1.17 |
| Echo Ridge Apartments | A2 | 1BR,1BA | $2.06 |
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, OH
Anthony Wayne Elementary School
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
Getting Around Franklin, OH
Walk Score®
28 / 100
Car-Dependent
Most errands require a car
Bike Score®
33 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
4 / 100
Minimal Transit
It may be possible to get on a bus
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
How much is rent for a Cheap One Bedroom Franklin Apartment?
The lowest price for a Cheap One Bedroom Franklin Apartment is $950 at Village East.
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 $875 at Liberty Station.
What is the most affordable Franklin Three Bedroom Apartment?
The best deal on a cheap Franklin Three Bedroom Apartment rental is at EMERALD EDGE APARTMENTS and starts from $1,588.
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.

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.

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.













