
Cheap Apartments for Rent in Franklin, TN from $900 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin.


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Franklin Manor Apartments

The Madison Franklin

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Ashton Brook

Viera Cool Springs

Royal Oaks Apartments

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Heritage Place

Greenhaven

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Carrington Hills
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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613 Hillsboro Rd

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Artessa Apartments

MAA Cool Springs

Wyndchase Aspen Grove

Harpeth River Oaks

South Wind Apartment Homes

Grove at Shadow Green Apartments

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Mandolin at Stream Valley

IMT 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.

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The Everly at Historic Franklin

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Magnolia Place Apartments

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Town Center at Berry Farms

Sussex Downs

514 N Petway St

Cadence Cool Springs Apartments

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Paxton Cool Springs

ELLISON COOL SPRINGS

The Whitney Franklin
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.

Vintage Franklin Apartments

IMT at the Galleria

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Dwell at McEwen

IMT Franklin Gateway

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Heartwood at Lockwood Glen

The Harper

McEwen Northside

601 Boyd Mill Ave

Furnished Studio-Nashville - Franklin - 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.

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The Residences at Harpeth Square

Liberty Oaks Apartments

613 Hillsboro Rd

Camden Franklin Park

Everleigh Cool Springs 55+ Active Adult Apartment Homes

419 Liberty Pike

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The Landings of Brentwood Apartments

Vintage Tollgate Apartments

711 Brentwood Pointe
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.
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 | $1,858 | $1,625 | $2,115 |
| Cheap Franklin 1 Bedroom Apartments | $1,839 | $1,224 | $4,464 |
| Cheap Franklin 2 Bedroom Apartments | $2,374 | $1,345 | $6,198 |
| Cheap Franklin 3 Bedroom Apartments | $3,513 | $1,750 | $9,900 |
| Cheap Franklin 4 Bedroom Apartments | $4,082 | $3,865 | $4,300 |
Browse Top Apartments in Franklin
See all Apartments in FranklinExplore Franklin
Franklin, TN Local Guide
- Franklin Neighborhoods
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Cheapest Neighborhoods for Apartments in Franklin, TN
Pricing Updated: 03/31/2026Current 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 | $3,990 | $1,345 | 200 |
Cheapest Available Franklin Apartments for Rent
 The cheapest available apartment rental in Franklin, TN is a 1 Bed unit found at Franklin Flats in the Garden Club Estates neighborhood priced from $1,224. The Landings of Brentwood Apartments in the Southeast Nashville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,347. Here is today’s list of the most affordable Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Franklin Flats | A3-ADA-60% | 1BR,1BA | $1,224 |
| The Landings of Brentwood Apartments | Ashlawn | 1BR,1BA | $1,347 |
| Franklin Manor Apartments | 1 bd/1 | 1BR,1BA | $1,350 |
| The Madison Franklin | The Oxford | 1BR,1BA | $1,371 |
| Ashton Brook | A2 Diplomat | 1BR,1BA | $1,379 |
| Viera Cool Springs | Williamson | 1BR,1BA | $1,380 |
| Royal Oaks Apartments | 2 BR/1.5 BA | 2BR,1BA | $1,385 |
| Heritage Place | B2 - Classic | 2BR,1BA | $1,399 |
| Carrington Hills | Harpeth | 2BR,2BA | $1,434 |
| Greenhaven | A2 | 1BR,1BA | $1,441 |
Best Value Apartments for Rent in Franklin, TN
As of April 01, 2026 the best value apartment in the Franklin area is the $1.89 price per square foot Colonial A Model at 780 Townhomes in the in the Garden Club Estates neighborhood starting from $3,553. The second greatest value Franklin apartment is the B2 Model at Greenhaven starting at $2,059 with a $1.76 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 A | 3BR,3.5BA | $1.89 |
| Greenhaven | B2 | 2BR,2BA | $1.76 |
| The Whitney Franklin | Harlinsdale | 2BR,2BA | $1.55 |
| Sussex Downs | Huntington | 2BR,2BA | $1.57 |
| Royal Oaks Apartments | 2 BR/1.5 BA | 2BR,1.5BA | $1.39 |
| Franklin Manor Apartments | 1 bd/1 | 1BR,1BA | $1.42 |
| Heritage Place | B2 - Renovated | 2BR,1.5BA | $1.63 |
| Ashton Brook | A1 Deluxe | 1BR,1BA | $1.78 |
| South Wind Apartment Homes | Sodina | 1BR,1BA | $1.89 |
| The Landings of Brentwood Apartments | Ashlawn | 1BR,1BA | $1.83 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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, 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
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 Town Center at Berry Farms listed at $1,625.
How much is rent for a Cheap One Bedroom Franklin Apartment?
The lowest price for a Cheap One Bedroom Franklin Apartment is $1,224 at Franklin Flats.
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 $1,385 at Royal Oaks Apartments.
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 $1,938.
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 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.

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.

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.

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.