
Cheap Homes for Rent in Franklin, OH from $700 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.


703 S Main St

1131 Central Ave

223 Maxwell St

702 Baltimore St

85 N Gebhart Church Rd
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1227 Prospect Ave

601 Moses Dr, Unit 2-1

1010 N University Blvd

2007 Logan Ave

1820 Clarendon Ave

121 S 5th St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.

2419 Cross Village Dr

1215 Robbins Run Ct

126 N Walnut St

19 North Dr

17 Highlander Ave

148 Mallard Glen Dr
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 a home in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin 2 Bedroom Homes for Rent | $1,400 | $825 | $2,950 |
| Franklin 3 Bedroom Homes for Rent | $2,091 | $1,195 | $3,995 |
| Franklin 4 Bedroom Homes for Rent | $3,110 | $2,250 | $4,500 |
| Franklin 5 Bedroom Homes for Rent | $4,995 | $4,995 | $4,995 |
Browse Top Homes for Rent in Franklin
Explore 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 Studio unit found at Village East in the Trails of Four Bridges neighborhood priced from $905. 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 $924. Here is today’s list of the most affordable Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Village East | Studio | Studio,1BA | $905 |
| Bavarian Woods Apartments | The Spruce | 1BR,1BA | $924 |
| Spring Creek Apartments | 2 BDRM | 2BR,1BA | $945 |
| Liberty Station | 2bdrm/1bath/garden | 2BR,1BA | $975 |
| Crown Ridge Apartments | 2 Bedrooms 1 Bath | 2BR,1BA | $1,000 |
Best Value Apartments for Rent in Franklin, OH and Nearby
As of June 06, 2026 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 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. |
|---|---|---|---|
| EMERALD EDGE APARTMENTS | 3/2 | 3BR,2BA | $1.44 |
| Spring Creek Apartments | 2 BDRM | 2BR,1BA | $1.18 |
| Liberty Station | 2bdrm/1bath/garden | 2BR,1BA | $1.30 |
| Crown Ridge Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.17 |
| Echo Ridge Apartments | A3 | 1BR,1BA | $1.89 |
| Village East | Studio | Studio ,1BA | $1.85 |
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 Franklin
What type of rentals are currently available in Franklin?
There are currently 40 Apartments for Rent in Franklin, OH with pricing that ranges from $695 to $2,500. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $750 to $4,995.
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 $4,995 with an average monthly rent of $2,293.
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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.