Cheap Apartments for Rent in Franklin, TX from $500 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in Franklin.

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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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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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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Regency Gardens
1 to 2 Bedroom Apartments

Regency Gardens

2551 W Villa Maria RdBryan, TX 77807
  • Utilities Included
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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 $569. The Retreat at 2818 in the Berger neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Villa West ApartmentsEfficiencyStudio,1BA$569
The Retreat at 2818A11BR,1BA$699
The Grand 15011 Bed 1 Bath A1BR,1BA$729
Huntington ApartmentsUnit A1BR,1BA$739
The Ivy1 Bed 1 Bath L 6001BR,1BA$825

Best Value Apartments for Rent in Franklin, TX and Nearby

As of July 24, 2025 the best value apartment in the Franklin area is the $1.02 price per square foot Three Bedroom Two Bathroom Model at Saddlewood Club in the in the Harder Heights neighborhood starting from $1,238. The second greatest value Franklin apartment is the THE REGENT B2 Model at Crescent Pointe Apartments starting at $1,400 with a $1.24 price per square foot in the Fields Of Runnymede 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.
Saddlewood ClubThree Bedroom Two Bathroom3BR,2BA$1.02
Crescent Pointe ApartmentsTHE REGENT B22BR,2BA$1.24
Fifteen12 at BryanD14BR,2BA$1.19
The Bend at Crescent PointeRENEW2BR,2BA$1.32
Serenity at Briarcrest1x1 Sunroom1BR,1BA$1.21
Regency Gardens2 Bed 1.5 Bath2BR,1.5BA$1.31
College Main ApartmentsPlan D2BR,1.5BA$0.98
Sonoma Apartments1/11BR,1BA$1.23
The Retreat at 2818A11BR,1BA$1.08
Huntington ApartmentsUnit A1BR,1BA$1.18

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Pet Friendly Lifestyle
Franklin, TX

Ranked #206

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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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Getting Around Franklin, TX

Walk Score®

10 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $569.

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

The lowest price for a Cheap One Bedroom Franklin Apartment is $699 at The Retreat at 2818.

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 $799 at The Retreat at 2818.

What is the most affordable Franklin Three Bedroom Apartment?

The best deal on a cheap Franklin Three Bedroom Apartment rental is at The Retreat at 2818 and starts from $999.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.