close
View Me
$1,1952 Bedroom Apartments Available Now
613 Hillsboro Rd, Unit APT B27
613 Hillsboro RdFranklin, TN 37064
Cheap Apartments for Rent in the Downtown Franklin Neighborhood of Franklin, TN from $900 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Franklin area of Franklin.
close
View Me
Rent Specials
$1,200 - $1,8501 to 3 Bedroom Apartments Available Now
Franklin Manor Apartments
333 11th Ave NFranklin, TN 37064
close
View Me
Rent Specials
$1,371 - $2,3711 to 2 Bedroom Apartments Available Now
The Madison Franklin
801 Del Rio PikeFranklin, TN 37064
close
View Me
$1,445 - $1,8452 Bedroom Apartments Available Now
Royal Oaks Apartments
179 N Royal Oaks BlvdFranklin, TN 37067
close
View Me
$1,468 - $2,9721 to 3 Bedroom Apartments Available Now
Grove at Shadow Green Apartments
2000 Toll House CirFranklin, TN 37064
close
View Me
$1,475 - $2,3171 to 2 Bedroom Apartments Available Now
South Wind Apartment Homes
549 Southwind BlvdFranklin, TN 37064
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
close
View Me
Rent Specials
$1,490 - $2,286
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,490 - $2,286
Total Monthly Price
$1,490 - $2,286
Heritage Place
700 Westminster DrFranklin, TN 37067
close
View Me
Rent Specials
$1,493 - $2,7931 to 2 Bedroom Apartments Available Now
Greenhaven
1001 Isleworth DrFranklin, TN 37064
close
View Me
$1,537 - $7,9061 to 3 Bedroom Apartments Available Now
Harpeth River Oaks
1000 Champions CirFranklin, TN 37064
close
View Me
Rent Specials
$1,545 - $2,5271 to 3 Bedroom Apartments Available Now
Artessa Apartments
1000 Artessa CirFranklin, TN 37067
close
View Me
Rent Specials
$1,595 - $2,9451 to 3 Bedroom Apartments Available Now
The Everly at Historic Franklin
413 Brick Path LnFranklin, TN 37064
close
View Me
$1,6002 Bedroom Apartments Available Now
Magnolia Place
813 Del Rio PikeFranklin, TN 37064
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.
601 Boyd Mill Ave, Unit D2, Unit D2
601 Boyd Mill Ave
FranklinTN37064
close
View Me
Rent Specials
$1,681 - $4,2461 to 3 Bedroom Apartments Available Now
ELLISON COOL SPRINGS
2000 Aspen WayFranklin, TN 37067
close
View Me
Rent Specials
$1,701 - $4,291
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,701 - $4,291
Total Monthly Price
$1,701 - $4,291
Dwell at McEwen
100 Reliance DrFranklin, TN 37067
close
View Me
Rent Specials
$1,724 - $4,9621 to 3 Bedroom Apartments Available Now
Vintage Franklin Apartments
871 Oak Meadow DrFranklin, TN 37064
close
View Me
Rent Specials
$1,729 - $3,2521 to 3 Bedroom Apartments Available Now
Wyndchase Aspen Grove
3100 Aspen Grove DrFranklin, TN 37067
close
View Me
$1,893 - $5,247Studio to 3 Bedroom Apartments Available Now
McEwen Northside
4015 Aspen Grove DrFranklin, TN 37067
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.
close
View Me
$2,282 - $9,9001 to 3 Bedroom Apartments Available May 22
The Residences at Harpeth Square
159 1st Ave NFranklin, TN 37064
210 Maple Dr
FranklinTN37064
close
View Me
2 to 3 Bedroom Apartments
Liberty Oaks Apartments
400 Sycamore DrFranklin, TN 37064
613 Hillsboro Rd
FranklinTN37064
close
View Me
2 Bedroom Apartments
Sussex Downs
1125 Magnolia DrFranklin, TN 37064
close
View Me
1 to 3 Bedroom Apartments
The Whitney Franklin
113 Magnolia DrFranklin, TN 37064
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.
1203 Granville Rd
FranklinTN37064
Showing Results 1-25, Page 1 of 1
Downtown Franklin, Franklin, TN Local Guide
How much does it cost to rent an apartment in Downtown Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Franklin Studio Apartments | $1,913 | $1,913 | $1,913 |
| Downtown Franklin 1 Bedroom Apartments | $1,945 | $1,200 | $3,028 |
| Downtown Franklin 2 Bedroom Apartments | $2,584 | $1,195 | $5,312 |
| Downtown Franklin 3 Bedroom Apartments | $4,134 | $1,750 | $9,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Downtown Franklin Neighborhood of Franklin, TN.
See all Apartments in FranklinExplore Franklin
Let everyone know!
Do you know the Downtown Franklin area?
If you’re an expert on all things Downtown Franklin, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Cheapest Available Downtown Franklin Apartments for Rent
The cheapest available apartment rental in the Downtown Franklin area of Franklin, TN is a 1 Bed unit found at Franklin Manor Apartments priced from $1,200. The Madison Franklin has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,371. Here are the most affordable Downtown Franklin apartments for rent in Franklin, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Franklin Manor Apartments | 1 bd/1 | 1BR,1BA | $1,200 |
| The Madison Franklin | The Oxford | 1BR,1BA | $1,371 |
| Royal Oaks Apartments | 2 BR/1.5 BA | 2BR,1BA | $1,445 |
| Grove at Shadow Green Apartments | A1 Cottonwood | 1BR,1BA | $1,468 |
| South Wind Apartment Homes | Sodina | 1BR,1BA | $1,475 |
Best Value Apartments for Rent in Downtown Franklin, TN
As of May 12, 2026 the best value apartment in the Downtown Franklin area is the $1.82 price per square foot Abington A Model at 780 Townhomes in the in the Garden Club Estates neighborhood starting from $3,403. The second greatest value Downtown Franklin apartment is the B12 to B14 Model at Dwell at McEwen starting at $2,516 with a $1.90 price per square foot in the Garden Club Estates neighborhood. Here is today’s list of the best values for Downtown Franklin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 780 Townhomes | Abington A | 3BR,3BA | $1.82 |
| Dwell at McEwen | B12 to B14 | 2BR,2.5BA | $1.90 |
| The Whitney Franklin | Harlinsdale | 2BR,2BA | $1.55 |
| Sussex Downs | Huntington | 2BR,2BA | $1.61 |
| Royal Oaks Apartments | 2 BR/1.5 BA | 2BR,1.5BA | $1.54 |
| Franklin Manor Apartments | 1 bd/1 | 1BR,1BA | $1.26 |
| Heritage Place | B2 - Renovated | 2BR,1.5BA | $1.67 |
| Magnolia Place | 2 x 1.5 R | 2BR,1.5BA | $1.74 |
| South Wind Apartment Homes | Sodina | 1BR,1BA | $1.81 |
| Greenhaven | A1 | 1BR,1BA | $1.99 |
Frequently Asked Questions about Cheap Downtown Franklin Apartments
How much is rent for a Cheap One Bedroom Downtown Franklin Apartment?
The lowest price for a Cheap One Bedroom Downtown Franklin Apartment is $1,200 at Franklin Manor Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Franklin Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Franklin is starting from $1,445 at Royal Oaks Apartments.
What is the most affordable Downtown Franklin Three Bedroom Apartment?
The best deal on a cheap Downtown Franklin Three Bedroom Apartment rental is at Wyndchase Aspen Grove and starts from $2,221.
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 Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.