Cheap Apartments for Rent in Franklin, TN from $900 (40 Rentals)

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

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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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.

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Town Center at Berry Farms
Rent Specials
$1,532 - $3,621
Total Monthly Price

Total Monthly Price

Base Rent
$1,472 - $3,561
Required Monthly Fees
$60
Total Monthly Price
$1,532 - $3,621
Studio to 3 Bedroom Apartments Available Now

Town Center at Berry Farms

6001 Hughes CrossingFranklin, TN 37064
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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.

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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.

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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.

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Franklin, TN Local Guide

Cheapest Neighborhoods for Apartments in Franklin, TN

Pricing Updated: 03/09/2026

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$4,009$1,345203

Cheapest Available Franklin Apartments for Rent

 

The cheapest available apartment rental in Franklin, TN is a 1 Bed unit found at The Madison Franklin in the Downtown Franklin neighborhood priced from $1,346. Franklin Manor Apartments in the Downtown Franklin neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Madison FranklinThe Oxford1BR,1BA$1,346
Franklin Manor Apartments1 bd/11BR,1BA$1,350
Magnolia Place Apartments1 BD | 1 BA 668 sf1BR,1BA$1,370
The Landings of Brentwood ApartmentsAshlawn1BR,1BA$1,420
Viera Cool SpringsCarter2BR,1BA$1,436
Heritage PlaceB2 - Partially Renovated2BR,1BA$1,449
Grove at Shadow Green ApartmentsA1 Cottonwood1BR,1BA$1,478
IMT at the GalleriaA11BR,1BA$1,480
Artessa ApartmentsA2.11BR,1BA$1,487
Wyndchase Aspen GroveAspen Renovated1BR,1BA$1,495

Best Value Apartments for Rent in Franklin, TN

As of March 09, 2026 the best value apartment in the Franklin area is the $1.55 price per square foot Harlinsdale Model at The Whitney Franklin in the in the Downtown Franklin neighborhood starting from $1,695. The second greatest value Franklin apartment is the Huntington Model at Sussex Downs starting at $1,645 with a $1.57 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Whitney FranklinHarlinsdale2BR,2BA$1.55
Sussex DownsHuntington2BR,2BA$1.57
Royal Oaks Apartments2 BR/1.5 BA2BR,1.5BA$1.57
Franklin Manor Apartments1 bd/11BR,1BA$1.42
Heritage PlaceB2 - Renovated2BR,1.5BA$1.63
Ashton BrookA2 Diplomat1BR,1BA$1.65
MAA Cool SpringsCarnegie1BR,1BA$1.88
GreenhavenA31BR,1BA$1.86
South Wind Apartment HomesSodina1BR,1BA$1.84
The Landings of Brentwood ApartmentsAshlawn1BR,1BA$1.87

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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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Remember the 3 Rules of Real Estate:
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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 $1,700.

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

The lowest price for a Cheap One Bedroom Franklin Apartment is $1,346 at The Madison Franklin.

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 $1,436 at Viera Cool Springs.

What is the most affordable Franklin Three Bedroom Apartment?

The best deal on a cheap Franklin Three Bedroom Apartment rental is at Carrington Hills and starts from $1,943.

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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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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.