
Cheap Homes for Rent in Franklin, TN from $1,600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.


1326 Coleman Rd
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.

1505 Granville Rd

613 Hillsboro Rd

303 Granville Rd

404 Granville Rd

517 Brentwood Pointe

8135 Moores Ln

405 Figuers Dr, Unit B

1246 Carriage Park Dr
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.
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 | $1,700 | $2,800 |
Franklin 3 Bedroom Homes for Rent | $3,290 | $1,695 | $5,100 |
Franklin 4 Bedroom Homes for Rent | $4,293 | $2,995 | $6,500 |
Franklin 5 Bedroom Homes for Rent | $6,615 | $4,200 | $10,000+ |
Browse Top Homes for Rent in Franklin
Explore Franklin
Franklin, TN Local Guide
- Franklin Neighborhoods
- Nearby Cities
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- Local Counties
Cheapest Neighborhoods for Apartments in Franklin, TN
Pricing Updated: 09/09/2025Current 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 | $3,974 | $1,345 | 174 |
Cheapest Available Franklin Apartments for Rent
 The cheapest available apartment rental in Franklin, TN is a 2 Beds unit found at Heritage Place in the Garden Club Estates neighborhood priced from $1,349. Franklin Manor Apartments in the Downtown Franklin neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here is today’s list of the most affordable Franklin apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Heritage Place | B1 - Classic | 2BR,1BA | $1,349 |
Franklin Manor Apartments | 1 bd/1 | 1BR,1BA | $1,350 |
The Whitney Franklin | Fieldstone | 1BR,1BA | $1,399 |
Best Value Apartments for Rent in Franklin, TN
As of September 09, 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 B4EUPGRADE Model at IMT Cool Springs starting at $2,320 with a $1.82 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 | B4EUPGRADE | 2BR,2BA | $1.82 |
The Landings of Brentwood Apartments | Crockett | 2BR,2BA | $1.44 |
Sussex Downs | Huntington | 2BR,2BA | $1.52 |
Carrington Hills | Harpeth | 2BR,2BA | $1.81 |
Franklin Manor Apartments | 1 bd/1 | 1BR,1BA | $1.42 |
Heritage Place | B1 - Classic | 2BR,1.5BA | $1.46 |
Ashton Brook | A1 Deluxe | 1BR,1BA | $1.72 |
Wyndchase Aspen Grove | Ashlawn Renovated | 1BR,1BA | $1.81 |
The Madison Franklin | The Henley | 1BR,1BA | $1.77 |
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Franklin, TNPopulation: 80,914
Ranked #429
in US Census Population by City
Pet Friendly LifestyleFranklin, TN
Ranked #19
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
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Franklin
What type of rentals are currently available in Franklin?
There are currently 72 Apartments for Rent in Franklin, TN with pricing that ranges from $1,345 to $8,831. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $1,600 to $10,500.
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 $1,600 to $10,500 with an average monthly rent of $3,596.
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 $1,692 to $8,831, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $5,100. Four Bedroom Single-Family rentals are also available starting from $2,995 and Four Bedroom Apartments start at $3,899.
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 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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.