
Cheap Homes for Rent in Franklin, TX from $400 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.


308 Ehlinger Dr

2701 Poplar Cir

418 E Collins St
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.

1300 Antone St

August Move In! Updated 1 bed/1 bath in Br...

410 E Collins St

PRE-LEASING CHARMING 2/1 DUPLEX AUGUST MOVE IN!
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.

2405 Berger Dr
Franklin, TX 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 | $1,399 | $800 | $2,400 |
| Franklin 3 Bedroom Homes for Rent | $1,833 | $1,195 | $2,900 |
| Franklin 4 Bedroom Homes for Rent | $2,619 | $1,800 | $3,495 |
| Franklin 5 Bedroom Homes for Rent | $3,336 | $2,250 | $4,750 |
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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 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 $625. 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 | $579 |
| Camber Villas | King Ranch TH (D3) Unfurnished | 4BR,4BA | $625 |
| The Grand 1501 | 1 Bed 1 Bath A | 1BR,1BA | $699 |
Best Value Apartments for Rent in Franklin, TX and Nearby
As of January 03, 2026 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 Geranium Model at Flora 4050 starting at $1,721 with a $1.29 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 |
| Flora 4050 | Geranium | 3BR,2BA | $1.29 |
| Lory of Bryan | C1 | 3BR,2BA | $1.22 |
| Sonoma Apartments | 2/2 | 2BR,2BA | $1.22 |
| Sandy Creek Apartments | Two Bedroom | 2BR,2BA | $1.13 |
| The Retreat at 2818 | 2BR/2.0BA | 2BR,2BA | $1.00 |
| Warehouse and Factory | 2BR/1BA W | 2BR,1BA | $1.12 |
| Serenity at Briarcrest | 1x1 | 1BR,1BA | $1.18 |
| Highland Villas | 1 BR 1 B | 1BR,1BA | $1.08 |
| College Main Apartments | Plan A | 1BR,1BA | $1.20 |
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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Best Local Schools in Franklin, TX
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Franklin
What type of rentals are currently available in Franklin?
There are currently 49 Apartments for Rent in Franklin, TX with pricing that ranges from $559 to $5,327. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $475 to $4,750.
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 $475 to $4,750 with an average monthly rent of $1,997.
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 $639 to $4,495, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $559.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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!