
Cheap Homes for Rent in Franklin, TN from $1,400 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.


3882 Perkins Rd, Unit Trailer

642 Harpeth Bend Dr

7241 Hwy 70 S

Furnished Studio-Nashville - Franklin - Cool Springs
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."

1510 Center Pointe Dr

810 Bellevue Rd

931 Brentwood Pointe

602 McPherson Cir

701 Vineland Ct
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

305 Bel Aire Dr

209 Wynbrook Ct

7114 Old Harding Pike

2000 Aureum Dr, Unit 1-270

2000 Aureum Dr, Unit 1-468
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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 | $1,921 | $1,500 | $2,500 |
| Franklin 3 Bedroom Homes for Rent | $3,107 | $1,400 | $6,900 |
| Franklin 4 Bedroom Homes for Rent | $4,772 | $2,250 | $9,500 |
| Franklin 5 Bedroom Homes for Rent | $8,150 | $4,750 | $10,000+ |
| Franklin 6 Bedroom Homes for Rent | $16,000 | $8,000 | $10,000+ |
| Franklin 7 Bedroom Homes for Rent | $4,150 | $4,150 | $4,150 |
Browse Top Homes for Rent in Franklin
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Franklin, TN Local Guide
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Cheapest Neighborhoods for Homes in Franklin, TN
Pricing Updated: 09/28/2026Current rental homes in the Franklin, TN area range in price from $1,900 to $8,500 with an overall median price of $3,226. Here is today’s list neighborhoods with the lowest median pricing for Franklin Homes for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Franklin | $3,226 | $1,900 | 9 |
Cheapest Available Franklin Homes for Rent
 The cheapest available rental home in Franklin, TN is a 2 Beds home found at 701 Vineland Ct in the Outer Southeast Nashville neighborhood priced from $1,895. 1016 Todd Preis Dr in the Bellevue neighborhood has the second lowest priced home, which is a 4 Beds rental home currently listed from $2,250. Here is today’s list of the most affordable Franklin homes for rent:
| Home Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 701 Vineland Ct | 701 Vineland Ct | 2BR, 2BA | $1,895 |
| 1016 Todd Preis Dr | 1016 Todd Preis Dr | 4BR, 2BA | $2,250 |
| 2709 Aston Woods Ln | 2709 Aston Woods Ln | 3BR, 2BA | $2,280 |
| 1506 Bunbury Dr | 1506 Bunbury Dr | 3BR, 2BA | $2,610 |
| 3198 Sassafras Ln | 3198 Sassafras Ln | 3BR, 3BA | $3,000 |
Best Value Homes for Rent in Franklin, TN
As of September 29, 2026 the best value rental home in the Franklin area is the $1.26 price per square foot 1801 Morgan Farms Way Model at 1801 Morgan Farms Way in the Inglehame Farms neighborhood starting from $10,000. The second greatest value Franklin rental home is the 5083 Terravista ln Model at 5083 Terravista ln in the Williamson County neighborhood starting at $5,995 with a $1.30 price per square foot. Here is today’s list of the best values for Franklin homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1801 Morgan Farms Way | 1801 Morgan Farms Way | 6BR, 5.5BA | $1.26 |
| 5083 Terravista ln | 5083 Terravista ln | 5BR, 5BA | $1.30 |
| 1414 Chantilly Ln | 1414 Chantilly Ln | 5BR, 4BA | $1.25 |
| 1506 Bunbury Dr | 1506 Bunbury Dr | 3BR, 2.5BA | $1.00 |
| 2216 Ipswitch Dr | 2216 Ipswitch Dr | 4BR, 2.5BA | $1.11 |
| 1216 Buckingham Cir | 1216 Buckingham Cir | 3BR, 2.5BA | $1.28 |
| 2709 Aston Woods Ln | 2709 Aston Woods Ln | 3BR, 2.5BA | $1.18 |
| 1016 Todd Preis Dr | 1016 Todd Preis Dr | 4BR, 2.5BA | $1.31 |
| 701 Vineland Ct | 701 Vineland Ct | 2BR, 2.5BA | $1.24 |
| 3882 Perkins Rd | 3882 Perkins Rd | 3BR, 2BA | $1.17 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
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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 94 Apartments for Rent in Franklin, TN with pricing that ranges from $1,037 to $9,900. There are also 78 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $1,400 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 $1,400 to $30,000 with an average monthly rent of $4,622.
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 $1,379 to $9,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $6,900. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $3,974.
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.

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Written by: Brandie Parton
Hi there, I am Brandie Parton, your local expert for Nashville, TN, with ApartmentHomeLiving.com.

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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.

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Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.