
Cheap Apartments for Rent in Franklin, OH from $695 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin.


958-960 S Main St

335 S Main St

Colonial Village Apartments

Ashgrove 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

Wyndemere Apartments

Village East

175 E 6th St

9 N River St
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Sherman Glen

Franklin Commons Apartments

Liberty Station

Bavarian Woods Apartments

Oakwood Village
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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 | $1,239 | $850 | $1,605 |
| Franklin 2 Bedroom Apartments | $1,352 | $850 | $1,815 |
| Franklin 3 Bedroom Apartments | $1,685 | $1,379 | $1,935 |
Browse Top Apartments in Franklin
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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. 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 | 1bdrm/1bath/garden | 1BR, 1BA | $850 |
| Spring Creek Apartments | 2 BDRM | 2BR, 1BA | $945 |
| Bavarian Woods Apartments | The Beech | 2BR, 1BA | $999 |
| Emerald Edge | 1/1 | 1BR, 1BA | $1,125 |
| Village East | 2 Bedroom, 1 Bath (Balcony) | 2BR, 1BA | $1,135 |
Best Value Apartments for Rent in Franklin, OH and Nearby
As of September 19, 2026 the best value apartment in the Franklin area is the $1.00 price per square foot The Beech Model at Bavarian Woods Apartments in the Trails of Four Bridges neighborhood starting from $999. The second greatest value Franklin apartment is the 1/1 Model at Emerald Edge in the North Cincinnati neighborhood starting at $1,125 with a $1.31 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. |
|---|---|---|---|
| Bavarian Woods Apartments | The Beech | 2BR, 1BA | $1.00 |
| Emerald Edge | 1/1 | 1BR, 1BA | $1.31 |
| Spring Creek Apartments | 2 BDRM | 2BR, 1BA | $1.18 |
| 2504 Shelley St, Unit Shelley St | 2504 Shelley St | 2BR, 1BA | $1.13 |
| Village East | 1 Bedroom, 1 Bath (Balcony) | 1BR, 1BA | $1.73 |
| Liberty Station | 1bdrm/1bath/balcony/3rd fl | 1BR, 1BA | $1.64 |
| Echo Ridge Apartments | A1 | 1BR, 1BA | $2.31 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
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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 $1,725.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.