Cheap Apartments for Rent in Franklin, TX from $500 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin.

Villa West Apartments

The Grand 1501

Huntington Apartments

Eastgate Apartments

College Main Apartments

Oak Forest Apartments

The Retreat at 2818

The Ivy

Sonoma Apartments

Serenity at Briarcrest

Oakwood Crossing

Lory of Bryan

The Element at University Park

Signature Park

Regency Gardens

Sandy Creek Apartments

415 Forest Dr Loop

308 Ehlinger Dr

2701 Poplar Cir

3800 E 29th St

418 E Collins St

1300 Antone St
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 | $1,536 | $579 | $1,899 |
| Franklin 1 Bedroom Apartments | $1,316 | $619 | $4,242 |
| Franklin 2 Bedroom Apartments | $1,469 | $505 | $3,738 |
| Franklin 3 Bedroom Apartments | $1,649 | $639 | $3,249 |
| Franklin 4 Bedroom Apartments | $1,302 | $559 | $3,414 |
Browse Top Apartments in Franklin
See all Apartments in FranklinExplore Franklin
Franklin, TX Local Guide
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Cheapest Available Franklin Apartments for Rent and Nearby
 The cheapest available apartment rental in Franklin, TX is a 2 Beds unit found at Highland Villas in the Park Hudson neighborhood priced from $505. Villa West Apartments in the Harder Heights neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $579. Here is today’s list of the most affordable Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Highland Villas | 2 BR 2 B | 2BR,2BA | $505 |
| Villa West Apartments | Efficiency | Studio,1BA | $579 |
| Camber Villas | King Ranch TH (D3) Unfurnished | 4BR,4BA | $625 |
| The Grand 1501 | 1 Bed 1 Bath A | 1BR,1BA | $699 |
| Huntington Apartments | Unit A | 1BR,1BA | $739 |
| Eastgate Apartments | 1x1 | 2BR,1BA | $755 |
| College Main Apartments | Plan A | 1BR,1BA | $769 |
| 12 North | 2BR/2BA - Deluxe | 2BR,2BA | $799 |
| The Ivy | 1 Bed 1 Bath L 600 | 1BR,1BA | $799 |
| Lory of College Station | J | 2BR,1BA | $905 |
Best Value Apartments for Rent in Franklin, TX and Nearby
As of November 15, 2025 the best value apartment in the Franklin area is the $0.88 price per square foot D1 Model at The Rise at Northgate in the in the Tharaldson neighborhood starting from $1,185. The second greatest value Franklin apartment is the 3x2 C1 Model at Oakwood Crossing starting at $1,378 with a $1.08 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Rise at Northgate | D1 | 4BR,4BA | $0.88 |
| Oakwood Crossing | 3x2 C1 | 3BR,2BA | $1.08 |
| Cedar Creek Apartments | Woodland | 2BR,2BA | $0.93 |
| Highland Villas | 2 BR 2 B | 2BR,2BA | $0.49 |
| Sandy Creek Apartments | Two Bedroom | 2BR,2BA | $1.13 |
| Lory of College Station | J | 2BR,1.5BA | $1.00 |
| Serenity at Briarcrest | 1x1 | 1BR,1BA | $1.18 |
| Saddlewood Club | One Bedroom One Bathroom | 1BR,1BA | $1.15 |
| College Main Apartments | Plan A | 1BR,1BA | $1.20 |
| Huntington Apartments | Unit A | 1BR,1BA | $1.18 |
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Pet Friendly LifestyleFranklin, TX
Ranked #267
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 $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 $505 at Highland 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 $725.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.





