Cheap Apartments for Rent in Franklin, TN from $900 (59 Rentals)

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

Peek Behind the Curtain at the Music City: Your Local Insiders Guide to Nashville

Nashville is more than a honky tonk town! Dive into the city's academic prestige, trendy culinary scene, professional sports, and stunning natural parks with this local guide. Explore Nashville's popular neighborhoods like The Gulch, Broadway, and 12 South. Learn local tips on transportation, where to find the best local vibe, and fun facts about the "Athens of the South."

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IMT Cool Springs
$1,519 - $2,675
Total Monthly Price

Total Monthly Price

Base Rent
$1,519 - $2,675
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

IMT Cool Springs

101 Gillespie DrFranklin, TN 37067
Family Friendly
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Heritage Place
Rent Specials
$1,553 - $1,953
Total Monthly Price

Total Monthly Price

Base Rent
$1,553 - $1,953
Total Monthly Price
$1,553 - $1,953
2 Bedroom Apartments Available Now

Heritage Place

700 Westminster DrFranklin, TN 37067
Corporate Housing
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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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IMT Franklin Gateway
$1,572 - $3,209
Total Monthly Price

Total Monthly Price

Base Rent
$1,572 - $3,209
Total Monthly Price
$1,572 - $3,209
Studio to 3 Bedroom Apartments Available Sep 2

IMT Franklin Gateway

1116 Davenport BlvdFranklin, TN 37069
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IMT at the Galleria
Rent Specials
$1,602 - $2,397
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Base Rent
$1,602 - $2,397
Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

IMT at the Galleria

427 Nichol Mill LnFranklin, TN 37067
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Dwell at McEwen
Rent Specials
$1,681 - $4,476
Total Monthly Price

Total Monthly Price

Base Rent
$1,681 - $4,476
Total Monthly Price
$1,681 - $4,476
1 to 3 Bedroom Apartments Available Now

Dwell at McEwen

100 Reliance DrFranklin, TN 37067
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A Local's Look at Nashville's Best Neighborhoods to Rent Near the Area's Largest Employers

Discover Nashville's best neighborhoods for apartments, condos, and homes, matched to your workplace at the city’s largest employers.

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Nashville's Best Affordable Neighborhoods

Learn about Nashville and the best places to live with original content written by our Local Expert Brandie Parton

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Sussex Downs
2 Bedroom Apartments

Sussex Downs

1125 Magnolia DrFranklin, TN 37064
Corporate 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.

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Franklin, TN Local Guide

Cheapest Neighborhoods for Apartments in Franklin, TN

Pricing Updated: 07/29/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Franklin$3,674$1,20017

Cheapest Available Franklin Apartments for Rent

 

The cheapest available apartment rental in Franklin, TN is a 1 Bed unit found at The Landings of Brentwood Apartments in the Williamson County neighborhood priced from $1,216. Viera Cool Springs in the Garden Club Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,303. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Landings of Brentwood ApartmentsAshlawn1BR,1BA$1,216
Viera Cool SpringsCameron Luxe1BR,1BA$1,303
The Madison FranklinThe Oxford1BR,1BA$1,396
Harpeth River OaksThe Sycamore1BR,1BA$1,428
Vintage Tollgate ApartmentsA51BR,1BA$1,439
South Wind Apartment HomesSodina1BR,1BA$1,454
GreenhavenA11BR,1BA$1,487
Royal Oaks Apartments2 BR/1.5 BA2BR,1BA$1,495
MAA Cool SpringsBowery1BR,1BA$1,513
Paxton Cool SpringsPearl StudioStudio,1BA$1,515

Best Value Apartments for Rent in Franklin, TN

As of July 29, 2026 the best value apartment in the Franklin area is the $1.82 price per square foot Abington A Model at The Row at Franklin in the in the Garden Club Estates neighborhood starting from $3,403. The second greatest value Franklin apartment is the Wakefield Model at Simmons Ridge starting at $3,515 with a $1.95 price per square foot in the Garden Club Estates 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.
The Row at FranklinAbington A3BR,3BA$1.82
Simmons RidgeWakefield3BR,3BA$1.95
Sussex DownsWoodbridge2BR,2BA$1.51
The Whitney FranklinHarlinsdale2BR,2BA$1.55
Royal Oaks Apartments2 BR/1.5 BA2BR,1.5BA$1.52
Ashton BrookA1 Deluxe1BR,1BA$1.76
South Wind Apartment HomesSodina1BR,1BA$1.79
MAA Cool SpringsBowery1BR,1BA$1.91
Vintage Tollgate ApartmentsA51BR,1BA$1.91
The Landings of Brentwood ApartmentsAshlawn1BR,1BA$1.65

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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Franklin, TN
Population: 80,914

Ranked #429

in US Census Population by City

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Best Local Schools in
Franklin, TN

School data provided by Great Schools

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

Explore Franklin, TN Rentals by Map

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Frequently Asked Questions about Cheap Franklin Apartments

What is the Cheapest Studio apartment in Franklin?

Currently the most affordable Cheap Studio Apartment in Franklin is at Paxton Cool Springs listed at $1,515.

How much is rent for a Cheap One Bedroom Franklin Apartment?

The lowest price for a Cheap One Bedroom Franklin Apartment is $1,216 at The Landings of Brentwood 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 $1,474 at The Madison Franklin.

What is the most affordable Franklin Three Bedroom Apartment?

The best deal on a cheap Franklin Three Bedroom Apartment rental is at Wyndchase Aspen Grove and starts from $2,150.

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.

Helpful Local Expert Guides

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Peek Behind the Curtain at the Music City: Your Local Insider's Guide to Nashville

Written by: Brandie Parton

Hi there, I’m Brandie, your ApartmentHomeLiving.com local expert for the Nashville, Tennessee area.

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A Locals Look at Nashvilles Best Neighborhoods to Rent Near the Areas Largest Employers

Written by: Brandie Parton

Hi there, I am Brandie Parton, your local expert for Nashville, TN, with ApartmentHomeLiving.com.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Nashville

Written by: Brandie Parton

As part of the team here at Apartment Home Living, I am eager to tell you all about Nashville, and its amazing colleges and nearby neighborhoods that make perfect residences for students, seeking to increase their education and g.

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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.

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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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.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.