
Cheap Homes for Rent in Franklin, TN from $1,200 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.


1705 Granville Rd

4000 Shadow Green Dr, Unit 4102

1101 Downs Blvd

834 Brentwood Pointe

502 Brentwood Pointe

2000 Aureum Dr, Unit 1-270
Peek Behind the Curtain at the Music City: Your Local Insiders Guide to Nashville
Nashville is more than a honky tonk town! Dive into the city's academic prestige, trendy culinary scene, professional sports, and stunning natural parks with this local guide. Explore Nashville's popular neighborhoods like The Gulch, Broadway, and 12 South. Learn local tips on transportation, where to find the best local vibe, and fun facts about the "Athens of the South."

2000 Aureum Dr, Unit 1-468

2000 Aureum Dr, Unit 1-470

2000 Aureum Dr, Unit 1-162

409 Alexander Dr

106 Sherwood Terrace

2000 Aureum Dr, Unit 1-151

1251 Carriage Park Dr
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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 | $2,575 | $1,650 | $4,000 |
| Franklin 3 Bedroom Homes for Rent | $2,823 | $1,990 | $3,670 |
| Franklin 4 Bedroom Homes for Rent | $5,732 | $3,749 | $9,500 |
| Franklin 5 Bedroom Homes for Rent | $6,996 | $3,997 | $10,000+ |
| Franklin 6 Bedroom Homes for Rent | $30,000 | $10,000 | $10,000+ |
| Franklin 7 Bedroom Homes for Rent | $4,600 | $4,600 | $4,600 |
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Franklin, TN Local Guide
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Cheapest Neighborhoods for Apartments in Franklin, TN
Pricing Updated: 08/12/2026Current apartment rentals in the Franklin, TN area range in price from $1,300 to $9,900 with an overall median price of $2,049. 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 | $2,049 | $1,300 | 206 |
Cheapest Available Franklin Apartments for Rent
 The cheapest available apartment rental in Franklin, TN is a 1 Bed unit found at The Landings of Brentwood Apartments in the Williamson County neighborhood priced from $1,308. Vintage Tollgate Apartments in the Bridgemore Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,318. Here is today’s list of the most affordable Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Landings of Brentwood Apartments | Ashlawn | 1BR,1BA | $1,308 |
| Vintage Tollgate Apartments | A5 | 1BR,1BA | $1,318 |
| Viera Cool Springs | Cameron Luxe | 1BR,1BA | $1,355 |
| Harpeth River Oaks | The Sycamore | 1BR,1BA | $1,428 |
| Greenhaven | A1 | 1BR,1BA | $1,438 |
Best Value Apartments for Rent in Franklin, TN
As of August 12, 2026 the best value apartment in the Franklin area is the $1.82 price per square foot Abington A Model at The Row at Franklin in the in the Garden Club Estates neighborhood starting from $3,403. The second greatest value Franklin apartment is the Wakefield Model at Simmons Ridge starting at $3,515 with a $1.95 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. |
|---|---|---|---|
| The Row at Franklin | Abington A | 3BR,3BA | $1.82 |
| Simmons Ridge | Wakefield | 3BR,3BA | $1.95 |
| Carrington Hills | Franklin | 3BR,2BA | $1.75 |
| Sussex Downs | Woodbridge | 2BR,2BA | $1.50 |
| The Whitney Franklin | Harlinsdale | 2BR,2BA | $1.55 |
| Royal Oaks Apartments | 2 BR/1.5 BA | 2BR,1.5BA | $1.52 |
| Ashton Brook | A1 Deluxe | 1BR,1BA | $1.77 |
| South Wind Apartment Homes | Sodina | 1BR,1BA | $1.84 |
| Greenhaven | A1 | 1BR,1BA | $1.92 |
| The Landings of Brentwood Apartments | Ashlawn | 1BR,1BA | $1.78 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
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.
Franklin, TNPopulation: 80,914
Ranked #429
in US Census Population by City
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!
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 73 Apartments for Rent in Franklin, TN with pricing that ranges from $1,278 to $9,900. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $1,650 to $30,000.
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 $1,650 to $30,000 with an average monthly rent of $4,724.
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 $1,850 to $9,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,990 to $3,670. Four Bedroom Single-Family rentals are also available starting from $3,749 and Four Bedroom Apartments start at $4,022.
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.
Helpful Local Expert Guides

Peek Behind the Curtain at the Music City: Your Local Insider's Guide to Nashville
Written by: Brandie Parton
Hi there, I’m Brandie, your ApartmentHomeLiving.com local expert for the Nashville, Tennessee area.

A Locals Look at Nashvilles Best Neighborhoods to Rent Near the Areas Largest Employers
Written by: Brandie Parton
Hi there, I am Brandie Parton, your local expert for Nashville, TN, with ApartmentHomeLiving.com.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Nashville
Written by: Brandie Parton
As part of the team here at Apartment Home Living, I am eager to tell you all about Nashville, and its amazing colleges and nearby neighborhoods that make perfect residences for students, seeking to increase their education and g.

A Nashville Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
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Articles, How-To's, and Tips

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.