
New Apartments for Rent in Franklin, TN Under $1,500 (2 Rentals)

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 Tollgate 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.
Franklin, TN Local Guide

How much does it cost to rent an apartment in Franklin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Franklin Studio Apartments | $1,900 | $1,529 | $2,579 |
Franklin 1 Bedroom Apartments | $2,009 | $1,300 | $5,870 |
Franklin 2 Bedroom Apartments | $2,598 | $1,345 | $7,782 |
Franklin 3 Bedroom Apartments | $3,661 | $1,750 | $9,163 |
Franklin 4 Bedroom Apartments | $3,866 | $3,600 | $4,200 |
Explore Franklin
Franklin, TN Local Guide
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Quick 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.
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 New Franklin Apartments
What is the Cheapest New apartment in Franklin?
Currently the most affordable New Apartment in Franklin is at The Residences at Harpeth Square listed at $2,215.
How much is the average rent for a New Franklin Apartment?
The average rent for a New Apartment in Franklin is $4,560.
What is the largest New Franklin Apartment for rent?
Today's New apartment with the most square footage in Franklin is a 2,600 square feet unit starting from $2,995 at Avondale Cottages.
What is the average size for Franklin New Apartments for rent?
The average size for a New rental in Franklin is currently at 1,132 sq ft.
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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.