Cheap Apartments for Rent in Franklin, PA from $400 (61 Rentals)

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Search the lowest-cost Apartments available for rent right now in Franklin.

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.

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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.

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Tionesta Manor
1 to 2 Bedroom Apartments

Tionesta Manor

101 Bridge StTionesta, PA 16353
  • Utilities Included
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Lightner Greene
1 to 2 Bedroom Apartments

Lightner Greene

1465 Lightner PlNew Castle, PA 16105
Senior Living
  • Utilities Included
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Regency Commons
1 to 2 Bedroom Apartments

Regency Commons

157 S 5th AveClarion, PA 16214
Senior Living
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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.

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Green Acre Apartments
1 to 2 Bedroom Apartments

Green Acre Apartments

200 Litman RdButler, PA 16001
  • Utilities Included
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Cooper Street Apartments
2 to 3 Bedroom Apartments

Cooper Street Apartments

227 W Cooper StSlippery Rock, PA 16057
Student Housing
  • Utilities Included

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.

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Franklin, PA Local Guide

Cheapest Available Franklin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Franklin, PA is a 1 Bed unit found at Eagle Park Apartments priced from $510. Golfview Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $585. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Eagle Park ApartmentsLimestone1BR,1BA$510
Golfview Manor1BR/1.0BA1BR,1BA$585
Drake Village Apartments2 Bedroom2BR,1BA$680
Oak Hill Apartments1BR/1BA1BR,1BA$686
The Apartments at LambertonLiberty Vault RetailStudio,$700
100 Whitestown Village1 Bedroom1BR,1BA$725
Edinboro Townhomes and Apartments1 Bedroom1BR,1BA$800
Brookside Commons1x11BR,1BA$840
Shenango Park ApartmentsOne Bedroom1BR,1BA$846

Best Value Apartments for Rent in Franklin, PA and Nearby

As of August 07, 2026 the best value apartment in the Franklin area is the $0.36 price per square foot 4 Bedroom 4.5 Bath Model at The Heights at Slippery Rock in the in the Butler County neighborhood starting from $645. The second greatest value Franklin apartment is the 1004 Buffalo St Model at 1004 Buffalo St, Unit 1004 Buffalo St Upstairs starting at $1,400 with a $1.00 price per square foot . 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.
The Heights at Slippery Rock4 Bedroom 4.5 Bath4BR,4.5BA$0.36
1004 Buffalo St, Unit 1004 Buffalo St Upstairs1004 Buffalo St4BR,1BA$1.00
South Rock Apartments4 Beds, 2 baths4BR,2BA$0.38
Campus Side Apartments4 Bed / 1.5 Bathroom4BR,1.5BA$0.29
Lafayette Apartments2/12BR,1BA$0.88
Monticello Apartments2 bedroom2BR,1BA$0.88
Bayit Edinboro3 Bedroom Apartment (Classic)3BR,1BA$1.06
Westgate Apartments2 Bed2BR,1.5BA$0.97
Lakewood Manor2 Bedroom - 2 Bath w/ Balcony2BR,1BA$1.05
Golfview Manor1BR/1.0BA1BR,1BA$0.91

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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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.

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Franklin, PA

School data provided by Great Schools

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

Explore Franklin, PA Rentals by Map

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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 $510 at Eagle Park 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 $680 at Drake Village Apartments.

What is the most affordable Franklin Three Bedroom Apartment?

The best deal on a cheap Franklin Three Bedroom Apartment rental is at Bayit Edinboro and starts from $950.

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

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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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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.