
Cheap Apartments for Rent in Franklin, TN from $900 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin.


Wyndchase Aspen Grove

Franklin Manor Apartments

Heritage Place

Viera Cool Springs

Cadence Cool Springs Apartments

MAA Cool Springs

Magnolia Place Apartments
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.

The Madison Franklin

IMT Franklin Gateway

Paxton Cool Springs

Furnished Studio-Nashville - Franklin - Co

The Whitney Franklin

Ashton Brook

Greenhaven

South Wind Apartment Homes

Carrington Hills

Artessa Apartments
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.

IMT Cool Springs

Mandolin at Stream Valley

Vintage Franklin

Grove at Shadow Green Apartments

IMT at the Galleria

Dwell at McEwen

ELLISON COOL SPRINGS
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Harpeth River Oaks

The Harper

McEwen Northside

Town Center at Berry Farms

613 Hillsboro Rd

1203 Granville Rd
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

1326 Coleman Rd

The Landings of Brentwood Apartments

Vintage Tollgate Apartments

830 Brentwood Pointe
Franklin, TN Local Guide

How much does it cost to rent an apartment in Franklin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Franklin Studio Apartments | $1,971 | $1,494 | $2,624 |
Cheap Franklin 1 Bedroom Apartments | $1,988 | $1,273 | $6,219 |
Cheap Franklin 2 Bedroom Apartments | $2,593 | $1,345 | $6,595 |
Cheap Franklin 3 Bedroom Apartments | $3,597 | $1,690 | $9,631 |
Cheap Franklin 4 Bedroom Apartments | $4,074 | $3,999 | $4,200 |
Browse Top Apartments in Franklin
See all Apartments in FranklinExplore Franklin
Franklin, TN Local Guide
- Franklin Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Franklin, TN
Pricing Updated: 07/30/2025Current apartment rentals in the Franklin, TN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Franklin Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Downtown Franklin | $4,024 | $1,337 | 143 |
Cheapest Available Franklin Apartments for Rent
 The cheapest available apartment rental in Franklin, TN is a 1 Bed unit found at Franklin Manor Apartments in the Downtown Franklin neighborhood priced from $1,350. Viera Cool Springs in the Garden Club Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,440. Here is today’s list of the most affordable Franklin apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Franklin Manor Apartments | 1 bd/1 | 1BR,1BA | $1,350 |
Viera Cool Springs | Cameron Luxe | 1BR,1BA | $1,440 |
Cadence Cool Springs Apartments | Alto | 1BR,1BA | $1,445 |
MAA Cool Springs | Belcourt | 1BR,1BA | $1,463 |
The Landings of Brentwood Apartments | Brentvale | 2BR,2BA | $1,470 |
IMT Franklin Gateway | A1 | 1BR,1BA | $1,485 |
Paxton Cool Springs | A0 | Studio,1BA | $1,494 |
The Whitney Franklin | Fieldstone | 1BR,1BA | $1,525 |
Ashton Brook | A2 Diplomat | 1BR,1BA | $1,541 |
Best Value Apartments for Rent in Franklin, TN
As of July 30, 2025 the best value apartment in the Franklin area is the $1.78 price per square foot Colonial B Model at 780 Townhomes in the in the Garden Club Estates neighborhood starting from $3,400. The second greatest value Franklin apartment is the C1 Sycamore Model at Grove at Shadow Green Apartments starting at $2,059 with a $1.52 price per square foot in the Downtown Franklin 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. |
---|---|---|---|
780 Townhomes | Colonial B | 3BR,3.5BA | $1.78 |
Grove at Shadow Green Apartments | C1 Sycamore | 3BR,2BA | $1.52 |
South Wind Apartment Homes | Wynnewood | 2BR,2BA | $1.60 |
Sussex Downs | Woodbridge | 2BR,2BA | $1.51 |
The Landings of Brentwood Apartments | Brentvale | 2BR,2BA | $1.57 |
The Madison Franklin | The Ashton | 2BR,1.5BA | $1.66 |
Franklin Manor Apartments | 1 bd/1 | 1BR,1BA | $1.42 |
IMT Cool Springs | A2W | 1BR,1BA | $1.76 |
Ashton Brook | A1 Deluxe | 1BR,1BA | $1.76 |
Wyndchase Aspen Grove | Ashlawn Renovated | 1BR,1BA | $1.82 |
Quick Rent Budget Calculator
How much rent can you afford?
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Franklin, TNPopulation: 80,914
Ranked #429
in US Census Population by City
Pet Friendly LifestyleFranklin, TN
Ranked #20
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Franklin, TN
Oak View Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Franklin, TN Rentals by Map
See the most popular apartments and homes in Franklin, TN
Getting Around Franklin, TN
Walk Score®
42 / 100
Car-Dependent
Most errands require a car
Bike Score®
34 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
16 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Franklin Apartments
What is the price of a cheap apartment in Franklin?
The cheapest apartment in Franklin is Franklin Manor Apartments which is listed at $1,350, while the average apartment in Franklin costs $4,024.
What types of apartments are the cheapest in Franklin?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Franklin that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Franklin?
Cheap apartments in Franklin have an average cost of $164 which is $3,860 cheaper than the average rent for all rentals in Franklin.
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.

A Nashville Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Brandie Parton
I’m Brandie, your ApartmentHomeLiving.com local expert for Nashville, Tennessee.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.

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.