Cheap Apartments for Rent in Franklin, TX from $500 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin.

Villa West Apartments

Eastgate Apartments

The Retreat at 2818

The Grand 1501

Huntington Apartments

College Main Apartments

Oak Forest Apartments
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.

The Ivy

Casa Del Sol Apartments

The Point on Redmond
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.

Sonoma Apartments

1848 Taggart Trl

Serenity at Briarcrest

Fifteen12 at Bryan

Crescent Pointe Apartments

The Element at University Park

2030 Chief St

2108 Echols St

1900 Finfeather Rd
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.
Franklin, TX Local Guide

How much does it cost to rent an apartment in Franklin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Franklin Studio Apartments | $1,476 | $569 | $1,899 |
Franklin 1 Bedroom Apartments | $1,347 | $649 | $2,626 |
Franklin 2 Bedroom Apartments | $1,449 | $609 | $3,738 |
Franklin 3 Bedroom Apartments | $1,509 | $725 | $3,276 |
Franklin 4 Bedroom Apartments | $1,055 | $519 | $1,499 |
Browse Top Apartments in Franklin
See all Apartments in FranklinExplore Franklin
Franklin, TX Local Guide
- Nearby Cities
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Villa West Apartments | Efficiency | Studio,1BA | $569 |
The Retreat at 2818 | A1 | 1BR,1BA | $699 |
The Grand 1501 | 1 Bed 1 Bath A | 1BR,1BA | $729 |
Huntington Apartments | Unit A | 1BR,1BA | $739 |
College Main Apartments | Plan A | 1BR,1BA | $769 |
Best Value Apartments for Rent in Franklin, TX and Nearby
As of June 21, 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 D1 Model at Fifteen12 at Bryan starting at $1,299 with a $1.19 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Saddlewood Club | Three Bedroom Two Bathroom | 3BR,2BA | $1.02 |
Fifteen12 at Bryan | D1 | 4BR,2BA | $1.19 |
Serenity at Briarcrest | 1x1 Sunroom | 1BR,1BA | $1.21 |
The Point on Redmond | J | 2BR,1.5BA | $1.00 |
3300 S College Ave | 2Br | 2BR,1BA | $1.07 |
Sonoma Apartments | 1/1 | 1BR,1BA | $1.23 |
Highland Villas | 1 BR 1 B | 1BR,1BA | $1.31 |
The Retreat at 2818 | A1 | 1BR,1BA | $1.08 |
College Main Apartments | Plan A | 1BR,1BA | $1.20 |
Huntington Apartments | Unit A | 1BR,1BA | $1.18 |
Quick 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.
Pet Friendly LifestyleFranklin, TX
Ranked #283
Among cities in Texas for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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
See the most popular apartments and homes in Franklin, TX
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.

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.

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.

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.

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.