Cheap Homes for Rent in Downtown Franklin Neighborhood of Franklin, TN from $1,200 (6 Rentals)

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Cheap Homes in the Downtown Franklin area of Franklin.

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Downtown Franklin, Franklin, TN Local Guide

Cheapest Available Downtown Franklin Apartments for Rent

 

The cheapest available apartment rental in the Downtown Franklin area of Franklin, TN is a 2 Beds unit found at Heritage Place priced from $1,299. Franklin Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here are the most affordable Downtown Franklin apartments for rent in Franklin, TN:

Apartment ListingModel NameBed/BathPriced From
Heritage PlaceB1 - Classic2BR,1BA$1,299
Franklin Manor Apartments1 bd/11BR,1BA$1,300
Harpeth River OaksThe Sycamore1BR,1BA$1,360

Best Value Apartments for Rent in Downtown Franklin, TN

As of May 09, 2025 the best value apartment in the Downtown 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 Downtown Franklin apartment is the Magnolia Model at Avondale Cottages starting at $2,995 with a $1.88 price per square foot in the Downtown Franklin neighborhood. Here is today’s list of the best values for Downtown Franklin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
780 TownhomesColonial B3BR,3.5BA$1.78
Avondale CottagesMagnolia2BR,2.5BA$1.88
Sussex DownsHuntington2BR,2BA$1.60
Harpeth River OaksThe Cypress2BR,1BA$1.98
Heritage PlaceB1 - Renovated2BR,1BA$1.63
Franklin Manor Apartments2 bd/12BR,1BA$1.58
South Wind Apartment HomesSodina1BR,1BA$1.76
GreenhavenA11BR,1BA$1.96
Wyndchase Aspen GroveAspen Renovated1BR,1BA$2.08
The Madison FranklinThe Oxford1BR,1BA$2.07

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Frequently Asked Questions about Downtown Franklin

What type of rentals are currently available in Downtown Franklin?

There are currently 33 Apartments for Rent in Downtown Franklin, TN with pricing that ranges from $1,299 to $8,831. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Franklin ranging from $1,200 to $8,500.

What is the current price range for Rental Homes in Downtown Franklin?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Franklin ranges from $1,200 to $8,500 with an average monthly rent of $2,990.

How much are larger Three and Four Bedroom Rentals in Downtown Franklin?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Franklin range from $1,750 to $8,831, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,749 to $3,300. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $3,984.

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.

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