Cheap Apartments for Rent in Franklin, OH from $500 (16 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.

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175 E 6th St
1 to 2 Bedroom Apartments

175 E 6th St

175 E 6th StFranklin, OH 45005
  • Utilities Included
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9 N River St
1 to 2 Bedroom Apartments

9 N River St

9 N River StFranklin, OH 45005
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958-960 S Main St
2 Bedroom Apartments

958-960 S Main St

958-960 S Main StFranklin, OH 45005

Dayton's Best Affordable Neighborhoods

Learn about Dayton and the best places to live with original content written by our Local Expert Kim Mooneyham

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335 S Main St
1 Bedroom Apartments

335 S Main St

335 S Main StFranklin, OH 45005
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Oakwood Village
3 to 4 Bedroom Apartments

Oakwood Village

10800 Valette Cir WMiamisburg, OH 45342
  • Smoke Free
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Meadow View
1 to 3 Bedroom Apartments

Meadow View

15 Woodhill DrSpringboro, OH 45066

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Meadow Crossing
1 Bedroom Apartments

Meadow Crossing

825 Central AveCarlisle, OH 45005
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Franklin, OH Local Guide

Cheapest Available Franklin Apartments for Rent

 

The cheapest available apartment rental in Franklin, OH is a 1 Bed unit found at Crown Ridge Apartments in the North Cincinnati neighborhood priced from $850. Liberty Station in the North Cincinnati neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $925. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crown Ridge Apartments1 Bedroom 1 Bath1BR,1BA$850
Liberty Station2bdrm/1bath/balcony/3rd fl2BR,1BA$925
Ashgrove ApartmentsAG - Leasing OfficeStudio,1BA$935
Spring Creek Apartments2 BDRM2BR,1BA$995
Village East1 Bedroom, 1 Bath1BR,1BA$1,005

Best Value Apartments for Rent in Franklin, OH

As of July 15, 2025 the best value apartment in the Franklin area is the $1.24 price per square foot 2 BDRM Model at Spring Creek Apartments in the in the North Cincinnati neighborhood starting from $995. The second greatest value Franklin apartment is the 2bdrm/1bath/balcony/3rd fl Model at Liberty Station starting at $925 with a $1.23 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Spring Creek Apartments2 BDRM2BR,1BA$1.24
Liberty Station2bdrm/1bath/balcony/3rd fl2BR,1BA$1.23
Crown Ridge Apartments1 Bedroom 1 Bath1BR,1BA$1.13
Village East1 Bedroom, 1 Bath (Balcony)1BR,1BA$1.50
Echo Ridge ApartmentsA11BR,1BA$2.26
Ashgrove ApartmentsAG - Leasing OfficeStudio ,1BA$3.25

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

Explore Franklin, OH Rentals by Map

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Getting Around Franklin, OH

Walk Score®

29 / 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

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 Crown Ridge 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 $925 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 Echo Ridge Apartments and starts from $1,780.

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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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.

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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.