Cheap Homes for Rent in Franklin, OH from $700 (24 Rentals)

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Dayton's Best Affordable Neighborhoods

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

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.

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.

Franklin, OH Local Guide

Cheapest Available Franklin Apartments for Rent

 

The cheapest available apartment rental in Franklin, OH is a Studio unit found at Ashgrove Apartments in the North Cincinnati neighborhood priced from $834. Liberty Station in the North Cincinnati neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ashgrove ApartmentsAG 0/1Studio,1BA$834
Liberty Station1bdrm/1bath/garden1BR,1BA$850
Bavarian Woods ApartmentsThe Spruce1BR,1BA$924
Spring Creek Apartments2 BDRM2BR,1BA$945
Crown Ridge Apartments2 Bedrooms 1 Bath2BR,1BA$1,000

Best Value Apartments for Rent in Franklin, OH

As of July 22, 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 A4 Model at Echo Ridge Apartments starting at $1,420 with a $1.70 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Crown Ridge Apartments2 Bedrooms 1 Bath2BR,1BA$1.11
Echo Ridge ApartmentsA41BR,1BA$1.70
Spring Creek Apartments2 BDRM2BR,1BA$1.18
Village East1 Bedroom, 1 Bath (Balcony)1BR,1BA$1.70
Ashgrove Apartments1 Bedroom, 1 Bathroom Ranch-Style Apartment at ...1BR,1BA$1.69
Liberty Station1bdrm/1bath/balcony/3rd fl1BR,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.

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Real 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.

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Frequently Asked Questions about Franklin

What type of rentals are currently available in Franklin?

There are currently 39 Apartments for Rent in Franklin, OH with pricing that ranges from $695 to $2,500. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $750 to $5,500.

What is the current price range for Rental Homes in Franklin?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Franklin ranges from $750 to $5,500 with an average monthly rent of $2,566.

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

decorative image for Learn About the Top Affordable Neighborhoods to Rent in Dayton, OH  article

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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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.

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.