335 Granbury St
FranklinTN37064
Cheap Homes for Rent in Downtown Franklin Neighborhood of Franklin, TN from $1,200 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Franklin area of Franklin.
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$1,2951 Bedroom Apartments Available Feb 1
613 Hillsboro Rd
613 Hillsboro RdFranklin, TN 37064
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$1,3751 Bedroom Apartments Available Now
32205 N Course View
32205 N Course ViewFranklin, TN 37067
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.
404 Granville Rd
FranklinTN37064
613 Hillsboro Rd
FranklinTN37064
101 Generals Retreat Pl
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.
1101 Downs Blvd
FranklinTN37064
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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 | $2,270 | $1,595 | $3,750 |
| Downtown Franklin 3 Bedroom Homes for Rent | $3,187 | $2,700 | $3,750 |
| Downtown Franklin 4 Bedroom Homes for Rent | $4,308 | $3,200 | $7,500 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Downtown Franklin Neighborhood of Franklin, TN.
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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 $1,346. Franklin Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. 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 | $1,346 |
| Franklin Manor Apartments | 1 bd/1 | 1BR,1BA | $1,350 |
| Wyndchase Aspen Grove | Aspen Renovated | 1BR,1BA | $1,378 |
Best Value Apartments for Rent in Downtown Franklin, TN
As of January 23, 2026 the best value apartment in the Downtown Franklin area is the $1.78 price per square foot 4A - Winstead Townhome with Attached Garage Model at Oakbrook Townhomes in the in the Garden Club Estates neighborhood starting from $3,845. The second greatest value Downtown Franklin apartment is the Colonial A Model at 780 Townhomes starting at $3,350 with a $1.78 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 | $1.78 |
| 780 Townhomes | Colonial A | 3BR,3.5BA | $1.78 |
| 3201 Aspen Grove Drive, Unit A7 | 3201 Aspen Grove Drive | 2BR,2BA | $1.31 |
| The Whitney Franklin | Harlinsdale | 2BR,2BA | $1.55 |
| Sussex Downs | Huntington | 2BR,2BA | $1.50 |
| Franklin Manor Apartments | 1 bd/1 | 1BR,1BA | $1.42 |
| Heritage Place | B2 - Renovated | 2BR,1.5BA | $1.74 |
| South Wind Apartment Homes | Sodina | 1BR,1BA | $1.80 |
| Wyndchase Aspen Grove | Aspen Renovated | 1BR,1BA | $1.93 |
| The Madison Franklin | The Oxford | 1BR,1BA | $1.99 |
Frequently Asked Questions about Downtown Franklin
What type of rentals are currently available in Downtown Franklin?
There are currently 36 Apartments for Rent in Downtown Franklin, TN with pricing that ranges from $1,295 to $9,900. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Franklin ranging from $1,200 to $7,500.
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 $7,500 with an average monthly rent of $2,794.
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 $2,700 to $3,750. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $3,845.
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
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.
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.