
Cheap Apartments for Rent in Franklin, TN from $900 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin.


Franklin Manor Apartments

1011 Murfreesboro Rd

Wyndchase Aspen Grove

Viera Cool Springs

The Madison Franklin

Magnolia Place Apartments

Paxton Cool Springs
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.

Vintage Franklin

601 Boyd Mill Ave

Furnished Studio-Nashville - Franklin - Co

IMT at the Galleria

IMT Franklin Gateway

South Wind Apartment Homes

The Whitney Franklin

MAA Cool Springs

IMT Cool Springs
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.

Ashton Brook

Artessa Apartments

Greenhaven

Harpeth River Oaks

Grove at Shadow Green Apartments
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.

ELLISON COOL SPRINGS

The Harper

McEwen Northside

4254 N Chapel Rd

Town Center at Berry Farms

613 Hillsboro Rd

1326 Coleman Rd

The Landings of Brentwood Apartments

Vintage Tollgate Apartments
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.

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 | $1,943 | $1,480 | $2,595 |
Cheap Franklin 1 Bedroom Apartments | $1,976 | $1,350 | $5,946 |
Cheap Franklin 2 Bedroom Apartments | $2,556 | $1,284 | $6,549 |
Cheap Franklin 3 Bedroom Apartments | $3,640 | $1,722 | $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: 07/21/2025Current 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 | $1,345 | 156 |
Cheapest Available Franklin Apartments for Rent
 The cheapest available apartment rental in Franklin, TN is a 2 Beds unit found at Heritage Place in the Garden Club Estates neighborhood priced from $1,349. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Heritage Place | B1 - Classic | 2BR,1BA | $1,349 |
Franklin Manor Apartments | 1 bd/1 | 1BR,1BA | $1,350 |
Wyndchase Aspen Grove | Aspen Renovated | 1BR,1BA | $1,369 |
Viera Cool Springs | Cameron | 1BR,1BA | $1,371 |
The Landings of Brentwood Apartments | Brentvale | 2BR,2BA | $1,430 |
Cadence Cool Springs Apartments | Alto | 1BR,1BA | $1,475 |
Paxton Cool Springs | A0 | Studio,1BA | $1,498 |
Carrington Hills | Williamson | 2BR,2BA | $1,511 |
IMT Franklin Gateway | A4 | 1BR,1BA | $1,515 |
Best Value Apartments for Rent in Franklin, TN
As of July 21, 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 $2,280 with a $1.69 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 | $1.69 |
South Wind Apartment Homes | Wynnewood | 2BR,2BA | $1.53 |
Sussex Downs | Woodbridge | 2BR,2BA | $1.49 |
The Landings of Brentwood Apartments | Crockett | 2BR,2BA | $1.47 |
The Madison Franklin | The Ashton | 2BR,1.5BA | $1.71 |
Carrington Hills | Harpeth | 2BR,2BA | $1.59 |
Franklin Manor Apartments | 1 bd/1 | 1BR,1BA | $1.42 |
Heritage Place | B1 - Classic | 2BR,1.5BA | $1.46 |
Ashton Brook | A1 Deluxe | 1BR,1BA | $1.72 |
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 a cheap apartment in Franklin?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Franklin is under $1,515.
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 7 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 $166 which is $3,858 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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.