Cheap Apartments for Rent in Franklin, TX from $500 (30 Rentals)

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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.

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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.

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Lory of College Station
1 to 3 Bedroom Apartments

Lory of College Station

309 Redmond DrCollege Station, TX 77840
Corporate Housing

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.

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Saddlewood Club
1 to 3 Bedroom Apartments

Saddlewood Club

3625 Wellborn RdBryan, TX 77801
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Richmond Ridge Townhomes
1 to 3 Bedroom Apartments

Richmond Ridge Townhomes

3613 S Hampton CtBryan, TX 77801
Student Housing
  • Utilities Included

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.

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Franklin, TX Local Guide

Cheapest Available Franklin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Franklin, TX is a Studio unit found at Villa West Apartments in the Harder Heights neighborhood priced from $579. Camber Villas in the Carver Kemp neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $632. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Villa West ApartmentsEfficiencyStudio,1BA$579
Camber VillasKing Ranch TH (D3) Unfurnished4BR,4BA$632
The Grand 15011 Bed 1 Bath A1BR,1BA$699
Eastgate Apartments1x12BR,1BA$755
The Ivy1 Bed 1 Bath L 6701BR,1BA$785
College Main ApartmentsPlan A1BR,1BA$799
Retreat at 2818A11BR,1BA$799
12 NorthElite 2BR/2BA - Classic - B2BR,2BA$840
Lory of College StationE12BR,1BA$905
Cedar Creek ApartmentsSpecial Program2BR,1BA$974

Best Value Apartments for Rent in Franklin, TX and Nearby

As of March 15, 2026 the best value apartment in the Franklin area is the $0.90 price per square foot D1 Model at The Rise at Northgate in the in the Tharaldson neighborhood starting from $1,210. The second greatest value Franklin apartment is the D1 - 4x2 Model at Fifteen12 starting at $1,401 with a $1.28 price per square foot in the Carver Kemp neighborhood. Here is today’s list of the best values for Franklin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Rise at NorthgateD14BR,4BA$0.90
Fifteen12D1 - 4x24BR,2BA$1.28
Sonoma Apartments2/22BR,2BA$1.22
Cedar Creek ApartmentsSpecial Program2BR,1.5BA$0.95
Lory of College StationFW2BR,1.5BA$1.11
Serenity at Briarcrest1x11BR,1BA$1.18
The HalstonB22BR,1.5BA$1.25
Forest Pines ApartmentsA1B (with patio/balcony)1BR,1BA$1.37
Retreat at 2818A11BR,1BA$1.23
College Main ApartmentsPlan A1BR,1BA$1.25

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.

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The 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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

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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.

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Best Local Schools in
Franklin, TX

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Franklin, TX Rentals by Map

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See the most popular apartments and homes in Franklin, TX

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Frequently Asked Questions about Cheap Franklin Apartments

What is the Cheapest Studio apartment in Franklin?

Currently the most affordable Cheap Studio Apartment in Franklin is at Villa West Apartments listed at $579.

How much is rent for a Cheap One Bedroom Franklin Apartment?

The lowest price for a Cheap One Bedroom Franklin Apartment is $619 at Villa West Apartments.

What is the lowest price for a Cheap Two Bedroom Franklin Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Franklin is starting from $742 at Camber Villas.

What is the most affordable Franklin Three Bedroom Apartment?

The best deal on a cheap Franklin Three Bedroom Apartment rental is at Camber Villas and starts from $732.

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.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.