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Cheap Homes for Rent in Franklin, TN from $1,600 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.
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$1,499Studio Apartments Available Now
Furnished Studio-Nashville - Franklin - Co
680 Bakers Bridge AveFranklin, TN 37067
404 Granville Rd
FranklinTN37064
3000 Vintage Green Ln
FranklinTN37064
1309 Robin Hill Rd
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.
404 Brentwood Pt, Unit 404
404 Brentwood Pt
BrentwoodTN37027
1205 Brentwood Pt
BrentwoodTN37027
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$1,8501 Bedroom Apartments Available Now
101 Generals Retreat Pl
101 Generals Retreat PlFranklin, TN 37064
1101 Downs Blvd
FranklinTN37064
5580 Hargrove 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.
2213 Emery Ln
FranklinTN37064
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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 | $2,171 | $1,695 | $2,800 |
| Franklin 3 Bedroom Homes for Rent | $3,106 | $1,797 | $5,000 |
| Franklin 4 Bedroom Homes for Rent | $4,355 | $2,000 | $8,500 |
| Franklin 5 Bedroom Homes for Rent | $4,815 | $3,997 | $6,250 |
Browse Top Homes for Rent in Franklin
Explore Franklin
Franklin, TN Local Guide
- Franklin Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Franklin, TN
Pricing Updated: 11/01/2025Current 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 | $3,819 | $1,345 | 193 |
Cheapest Available Franklin Apartments for Rent
The cheapest available apartment rental in Franklin, TN is a 1 Bed unit found at Carrington Hills in the Garden Club Estates neighborhood priced from $1,268. The Landings of Brentwood Apartments in the Southeast Nashville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,384. Here is today’s list of the most affordable Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Carrington Hills | Dominion | 1BR,1BA | $1,268 |
| The Landings of Brentwood Apartments | Ashlawn | 1BR,1BA | $1,384 |
| The Whitney Franklin | Fieldstone | 1BR,1BA | $1,399 |
| Wyndchase Aspen Grove | Aspen Renovated | 1BR,1BA | $1,402 |
| Grove at Shadow Green Apartments | A1 Cottonwood | 1BR,1BA | $1,404 |
Best Value Apartments for Rent in Franklin, TN
As of November 01, 2025 the best value apartment in the Franklin area is the $1.85 price per square foot Derby Model at Simmons Ridge in the in the Garden Club Estates neighborhood starting from $3,725. The second greatest value Franklin apartment is the Colonial B Model at 780 Townhomes starting at $3,400 with a $1.78 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. |
|---|---|---|---|
| Simmons Ridge | Derby | 3BR,2.5BA | $1.85 |
| 780 Townhomes | Colonial B | 3BR,3.5BA | $1.78 |
| Oakbrook Townhomes | 3A - Elllington Townhome with Attached Garage | 3BR,3.5BA | $1.84 |
| IMT Cool Springs | B4EUPGRADE | 2BR,2BA | $1.68 |
| IMT Franklin Gateway | B2 | 2BR,2BA | $1.49 |
| Cadence Cool Springs Apartments | Tempo | 2BR,2BA | $1.85 |
| Sussex Downs | Huntington | 2BR,2BA | $1.43 |
| Heritage Place | B2 - Renovated | 2BR,1.5BA | $1.76 |
| Ashton Brook | A2 Diplomat | 1BR,1BA | $1.70 |
| South Wind Apartment Homes | Sodina | 1BR,1BA | $1.80 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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.
Read ArticleThe 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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Franklin, TNPopulation: 80,914
Ranked #429
in US Census Population by City
Pet Friendly LifestyleFranklin, TN
Ranked #27
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Franklin, TN
Oak View Elementary School
Williamson County School District
Public School - Grades PK-5 (533)
9 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Franklin, TN Rentals by Map
See the most popular apartments and homes in Franklin, TN
Frequently Asked Questions about Franklin
What type of rentals are currently available in Franklin?
There are currently 70 Apartments for Rent in Franklin, TN with pricing that ranges from $1,232 to $9,900. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $1,695 to $8,500.
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 $1,695 to $8,500 with an average monthly rent of $3,239.
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 $1,582 to $9,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,797 to $5,000. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $3,500.
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.
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.