335 Granbury St
FranklinTN37064
Cheap Homes for Rent in Downtown Franklin Neighborhood of Franklin, TN from $1,200 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Franklin area of Franklin.
613 Hillsboro Rd, Unit A-13
613 Hillsboro Rd
FranklinTN37064
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404 Granville Rd
FranklinTN37064
148 Generals Retreat Pl, Unit 148 Generals Retreat
148 Generals Retreat Pl
FranklinTN37064
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.
613 Hillsboro Rd
FranklinTN37064
3000 Vintage Green Ln
FranklinTN37064
1101 Downs Blvd
FranklinTN37064
110 Velena St
FranklinTN37064
613 Hillsboro Rd, Unit A-11
613 Hillsboro Rd
FranklinTN37064
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.
Showing Results 1-10, Page 1 of 1
Downtown Franklin, Franklin, TN Local Guide
How much does it cost to rent a home in Downtown Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Franklin 2 Bedroom Homes for Rent | $2,231 | $1,575 | $3,800 |
| Downtown Franklin 3 Bedroom Homes for Rent | $3,282 | $2,550 | $5,200 |
| Downtown Franklin 4 Bedroom Homes for Rent | $3,575 | $3,100 | $4,100 |
| Downtown Franklin 5 Bedroom Homes for Rent | $4,250 | $4,250 | $4,250 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Downtown Franklin Neighborhood of Franklin, TN.
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Downtown Franklin, Franklin, TN Local Guide
- Nearby Franklin neighborhoods
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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 The Madison Franklin priced from $1,431. Wyndchase Aspen Grove has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,437. Here are the most affordable Downtown Franklin apartments for rent in Franklin, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Madison Franklin | The Oxford | 1BR,1BA | $1,431 |
| Wyndchase Aspen Grove | Aspen Renovated | 1BR,1BA | $1,437 |
| Magnolia Place Apartments | 1 BD | 1 BA 668 sf | 1BR,1BA | $1,470 |
Best Value Apartments for Rent in Downtown Franklin, TN
As of December 09, 2025 the best value apartment in the Downtown Franklin area is the $1.76 price per square foot 4A - Winstead Townhome with Attached Garage Model at Oakbrook Townhomes in the in the Garden Club Estates neighborhood starting from $3,819. The second greatest value Downtown Franklin apartment is the Colonial A Model at 780 Townhomes starting at $3,400 with a $1.81 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. |
|---|---|---|---|
| Oakbrook Townhomes | 4A - Winstead Townhome with Attached Garage | 4BR,3.5BA | $1.76 |
| 780 Townhomes | Colonial A | 3BR,3.5BA | $1.81 |
| Sussex Downs | Huntington | 2BR,2BA | $1.47 |
| Harpeth River Oaks | The Cypress | 2BR,1BA | $1.71 |
| Heritage Place | B2 - Renovated | 2BR,1.5BA | $1.84 |
| South Wind Apartment Homes | Sodina | 1BR,1BA | $1.81 |
| Grove at Shadow Green Apartments | A2 Dogwood | 1BR,1BA | $2.00 |
| Greenhaven | A1 | 1BR,1BA | $2.12 |
| Wyndchase Aspen Grove | Aspen Renovated | 1BR,1BA | $2.03 |
| The Madison Franklin | The Oxford | 1BR,1BA | $2.11 |
Don'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.
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The 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.
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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.
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Pet Friendly LifestyleDowntown Franklin, Franklin, TN
Ranked #2
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Downtown Franklin
What type of rentals are currently available in Downtown Franklin?
There are currently 37 Apartments for Rent in Downtown Franklin, TN with pricing that ranges from $1,345 to $9,900. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Franklin ranging from $1,200 to $5,200.
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 $5,200 with an average monthly rent of $2,962.
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 $9,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,550 to $5,200. Four Bedroom Single-Family rentals are also available starting from $3,100 and Four Bedroom Apartments start at $3,844.
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
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.