
Cheap Homes for Rent in Franklin, PA from $700 (40 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.


343 Cedar Ave

609 Grove City Rd

212 Central Ave

404 W Cunningham St

529 Federal St

246 W Dennick Ave

1259 Liberty St
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.

102 N Gilfillan St

102 N Gilfillan St

414 Fox St

422 Prospect St

979 King St

1140 Buffalo St

136 5th Ave

38 Prospect Ave
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.

920 Shehy St

557 Lafayette Ave

712 E Reynolds St

305 American Ave

358 Russell St

720 Baldwin Ave

2487 Walnut St

307 Andrew St
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.

1140 Buffalo St

113 Morton Ave

1201 Chestnut St

3203 McGuffey Rd

420 Reed St

1341 Sassafrass St

83 Prospect Ave

302 15th St
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.

302 15th St

1140 Buffalo St, Unit 6

1051 Elk St

112 Bernet Way

1180 Elk St

515 Wallis Ave

219 1/2 Friendship St

726 Baldwin Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Franklin, PA 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 | $1,022 | $800 | $1,295 |
| Franklin 3 Bedroom Homes for Rent | $1,287 | $895 | $2,995 |
| Franklin 4 Bedroom Homes for Rent | $1,893 | $1,100 | $2,800 |
| Franklin 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Top Homes for Rent in Franklin
Explore Franklin
Franklin, PA Local Guide
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Cheapest Available Franklin Apartments for Rent
 The cheapest available apartment rental in Franklin, PA is a 1 Bed unit found at Eagle Park Apartments – Clarion's Premier Student & Professional Housing priced from $510. Drake Village Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $680. Here is today’s list of the most affordable Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eagle Park Apartments – Clarion's Premier Student & Professional Housing | Limestone | 1BR,1BA | $510 |
| Drake Village Apartments | 2 Bedroom | 2BR,1BA | $680 |
| Oak Hill Apartments | 1BR/1BA | 1BR,1BA | $686 |
| The Apartments at Lamberton | Liberty Vault Retail | Studio, | $700 |
| Country Place Apartments | 23484 Creek Rd | 1BR,1BA | $700 |
| Golfview Manor | 2BR/1.0BA | 2BR,1BA | $775 |
| Shenango Park Apartments | One Bedroom | 1BR,1BA | $846 |
| Brookside Commons | 1x1 | 1BR,1BA | $855 |
| Lafayette Apartments | 2/1 | 2BR,1BA | $875 |
| Westgate Apartments | 2 Bed | 2BR,1BA | $875 |
Best Value Apartments for Rent in Franklin, PA
As of May 08, 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 starting from $645. The second greatest value Franklin apartment is the 4 Bed / 1.5 Bathroom Model at Campus Side Apartments starting at $325 with a $0.29 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. |
|---|---|---|---|
| The Heights at Slippery Rock | 4 Bedroom 4.5 Bath | 4BR,4.5BA | $0.36 |
| Campus Side Apartments | 4 Bed / 1.5 Bathroom | 4BR,1.5BA | $0.29 |
| South Rock Apartments | 2 Beds, 2 baths | 2BR,2BA | $0.57 |
| Lafayette Apartments | 2/1 | 2BR,1BA | $0.88 |
| Monticello Apartments | 2 bedroom | 2BR,1BA | $0.88 |
| Westgate Apartments | 2 Bed | 2BR,1.5BA | $0.97 |
| University Village at Slippery Rock (new) | 2BR/2BA | 2BR,2BA | $0.72 |
| Golfview Manor | 2BR/1.0BA | 2BR,1BA | $0.91 |
| Lakewood Manor | 2 Bedroom - 2 Bath w/ Balcony | 2BR,1BA | $1.05 |
| Country Place Apartments | 23484 Creek Rd | 1BR,1BA | $1.17 |
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, PA
Rocky Grove Junior-Senior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Franklin, PA Rentals by Map
See the most popular apartments and homes in Franklin, PA
Frequently Asked Questions about Franklin
What type of rentals are currently available in Franklin?
There are currently 58 Apartments for Rent in Franklin, PA with pricing that ranges from $510 to $14,000. There are also 69 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $700 to $3,000.
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 $700 to $3,000 with an average monthly rent of $1,487.
How much are larger Three and Four Bedroom Rentals in Franklin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Franklin range from $732 to $2,292, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $550.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.