
Cheap Homes for Rent in Franklin, TN from $1,200 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.


405 Granbury St

601 Boyd Mill Ave

815 Brentwood Pointe
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.

815 Brentwood Pt

106 Brentwood Pointe

1705 Granville Rd

604 Granville Rd

305 Bel Aire Dr

1326 Coleman Rd
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.

613 Hillsboro Rd, Unit A-11
Franklin, TN Local Guide

How much does it cost to rent a home in Franklin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Franklin 2 Bedroom Homes for Rent | $2,183 | $1,760 | $3,500 |
Franklin 3 Bedroom Homes for Rent | $3,260 | $1,995 | $5,500 |
Franklin 4 Bedroom Homes for Rent | $4,366 | $3,250 | $6,500 |
Franklin 5 Bedroom Homes for Rent | $3,850 | $3,500 | $4,200 |
Browse Top Homes for Rent in Franklin
Explore Franklin
Franklin, TN Local Guide
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Cheapest Neighborhoods for Apartments in Franklin, TN
Pricing Updated: 05/27/2025Current apartment rentals in the Franklin, TN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Franklin Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Downtown Franklin | $4,200 | $1,300 | 120 |
Cheapest Available Franklin Apartments for Rent
 The cheapest available apartment rental in Franklin, TN is a 1 Bed unit found at Franklin Manor Apartments in the Downtown Franklin neighborhood priced from $1,300. Viera Cool Springs in the Garden Club Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,351. Here is today’s list of the most affordable Franklin apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Franklin Manor Apartments | 1 bd/1 | 1BR,1BA | $1,300 |
Viera Cool Springs | Cameron Luxe | 1BR,1BA | $1,351 |
The Madison Franklin | The Oxford | 1BR,1BA | $1,428 |
Carrington Hills | Harpeth | 2BR,2BA | $1,456 |
Grove at Shadow Green Apartments | A1 Cottonwood | 1BR,1BA | $1,485 |
Best Value Apartments for Rent in Franklin, TN
As of May 27, 2025 the best value apartment in the 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 Franklin apartment is the C1EUPGRADE Model at IMT Cool Springs starting at $2,645 with a $1.76 price per square foot in the Garden Club Estates neighborhood. Here is today’s list of the best values for Franklin apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
780 Townhomes | Colonial B | 3BR,3.5BA | $1.78 |
IMT Cool Springs | C1EUPGRADE | 3BR,2BA | $1.76 |
Greenhaven | B3 | 2BR,2BA | $1.76 |
South Wind Apartment Homes | Wynnewood | 2BR,2BA | $1.59 |
The Whitney Franklin | Harlinsdale | 2BR,2BA | $1.60 |
Carrington Hills | Williamson | 2BR,2BA | $1.67 |
Sussex Downs | Huntington | 2BR,2BA | $1.49 |
The Landings of Brentwood Apartments | Brentvale | 2BR,2BA | $1.53 |
Ashton Brook | A1 Deluxe | 1BR,1BA | $1.73 |
Franklin Manor Apartments | 2 bd/1 | 2BR,1BA | $1.58 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Franklin
What type of rentals are currently available in Franklin?
There are currently 69 Apartments for Rent in Franklin, TN with pricing that ranges from $1,300 to $9,163. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $1,200 to $6,500.
What is the current price range for Rental Homes in Franklin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Franklin ranges from $1,200 to $6,500 with an average monthly rent of $3,021.
How much are larger Three and Four Bedroom Rentals in Franklin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Franklin range from $1,750 to $9,163, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $5,500. Four Bedroom Single-Family rentals are also available starting from $3,250 and Four Bedroom Apartments start at $3,600.
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.