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$1,000 - $1,275
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available Jun 17Forest Pine Apartments
201 Forest Pine RdFranklin, VA 23851
Cheap Apartments for Rent in Franklin, VA from $500 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin.
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$1,285 - $1,640
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowMeadowridge Apartments
340 N College DrFranklin, VA 23851
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1 to 2 Bedroom Apartments
Pretlow Homes
925 Pretlow StFranklin, VA 23851
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1 to 2 Bedroom Apartments
Newport Village Apartments
106 Morton StFranklin, VA 23851
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Rent Specials
$568 - $1,758
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Contact Us For AvailabilityOak Terrace
1140 Portsmouth BlvdSuffolk, VA 23434
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$829 - $1,065
Plus Fees
1 to 3 Bedroom Apartments Contact Us For AvailabilityChurch Manor
513 Main StSmithfield, VA 23430
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$974 - $2,250
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityArbors at Western Branch
2500 Chesapeake Square Ring RdChesapeake, VA 23321
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$995 - $1,450
Plus Fees
1 to 3 Bedroom Apartments Available NowAutumn Ridge Apartments
114 Nancy DrSuffolk, VA 23434
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$1,049 - $1,429
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityMorris Creek Landing Apartments
982 John Rolfe DrSmithfield, VA 23430
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$1,075
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,000
Required Monthly Fees
$75
Total Monthly Price
$1,075
W.R. Cropper Apartments
16101 Carrollton BlvdCarrollton, VA 23314
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$1,085 - $2,099
Total Monthly Price10 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,085 - $2,099
Total Monthly Price
Varies
Taylor Pointe Apartments
3245 Meadows WayChesapeake, VA 23321
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$1,098 - $1,267
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Available Aug 4Autumn Ridge Apartments II
116 Nancy DrSuffolk, VA 23434
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$1,170 - $1,820
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityArbors at Shoulders Hill
5626 Shoulders Hill RdSuffolk, VA 23435
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$1,250 - $2,100
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available Sep 1Miars Farm
4415 Deborah CtChesapeake, VA 23321
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$1,275 - $1,950
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Elliott Apartments
181 N Main StSuffolk, VA 23434
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$1,287
Plus Fees12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityArbour Reach Apartments
3624 Tejo LnPortsmouth, VA 23703
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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$1,355 - $1,556
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Available NowBradford Mews Apartments - Tax Credit
100 Cattail LnSmithfield, VA 23430
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$1,365 - $1,571
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Available NowMaplewood
3824 Maplefield DrChesapeake, VA 23321
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$1,425
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTaylor Bend Apartments
3500 Clover RdChesapeake, VA 23321
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$1,450 - $1,650
Plus Fees
1 to 2 Bedroom Apartments Available NowHillpoint Woods Apartments
601 Hillpoint BlvdSuffolk, VA 23434
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$1,461 - $2,556
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,445 - $2,540
Required Monthly Fees
$16
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$1,461 - $2,556
Port 58 Apartments @ Hillpoint
1000 Skipjack LnSuffolk, VA 23434
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$1,499 - $1,999
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1 to 3 Bedroom Apartments Available Jun 21Eagle Harbor Apartments
220 Marsh Landing DrCarrollton, VA 23314
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$1,539 - $1,568
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2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,514 - $1,543
Required Monthly Fees
$25
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$1,539 - $1,568
The Commons at Centerbrooke
1056 Centerbrooke LnSuffolk, VA 23434
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$1,550 - $2,610
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1 to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,320 - $2,380
Required Monthly Fees
$230
Total Monthly Price
$1,550 - $2,610
Royal Sail Apartments at Bridgeport
1100 Knotts Pointe LnSuffolk, VA 23435
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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$1,550 - $2,225
Plus Fees
1 to 3 Bedroom Apartments Available NowStonebridge Apartments
4152 Prindle CtChesapeake, VA 23321
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$1,561 - $2,136
Total Monthly Price
1 to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,533 - $2,108
Required Monthly Fees
$28
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$1,561 - $2,136
Meridian Harbourview
7190 Harbour Towne PkySuffolk, VA 23435
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$1,645 - $1,900
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowBridge 17 Apartment Homes
1000 Jentsen LoopSuffolk, VA 23435
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$1,647 - $3,022
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,535 - $2,910
Required Monthly Fees
$112
Total Monthly Price
$1,647 - $3,022
The Gallery at Godwin
3061 Godwin BlvdSuffolk, VA 23434
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$1,660
Plus Fees
1 to 3 Bedroom Apartments Available NowHarbour Breeze Luxury Lifestyle Apartments
3900-3931 Breezeport WaySuffolk, VA 23435
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$1,660 - $2,240
Plus Fees
1 to 2 Bedroom Apartments Available Now3800 Acqua at Bridgeport
1200-1500 Bridgeport WaySuffolk, VA 23435
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$1,666 - $3,304
Plus Fees
1 to 3 Bedroom Apartments Available NowMeridian Obici
1000 Meridian Obici WaySuffolk, VA 23434
564 1st Ave
SuffolkVA23434
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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1 to 2 Bedroom Apartments
Chuckatuck Square
5757 Godwin BlvdSuffolk, VA 23432
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Studio to 3 Bedroom Apartments
Peanut Crossing
273 S Saratoga StSuffolk, VA 23434
309 1st St
JarrattVA23867
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Studio to 3 Bedroom Apartments
Saratoga Place
341 S Saratoga StSuffolk, VA 23434
13184 Longevity Rd
Stony CreekVA23882
804 City Park Ave
PortsmouthVA23701
3468 Clover Meadow Dr
ChesapeakeVA23321
3725 Sugar Creek Cir
PortsmouthVA23703
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
2863 Low Ground Rd
EmporiaVA23847
210 Baker St
SuffolkVA23434
307 Central Ave
SuffolkVA23434
Showing Results 1-43, Page 1 of 1
Franklin, VA Local Guide
Downtown Franklin by Taber Andrew Bain is licensed under CC BY 2.0
How much does it cost to rent an apartment in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Studio Apartments | $1,432 | $1,275 | $1,647 |
| Franklin 1 Bedroom Apartments | $1,679 | $829 | $2,255 |
| Franklin 2 Bedroom Apartments | $1,881 | $568 | $2,938 |
| Franklin 3 Bedroom Apartments | $2,087 | $650 | $3,038 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Franklin
See all Apartments in FranklinExplore Franklin
Franklin, VA Local Guide
- Nearby Cities
- ZIP codes
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Cheapest Available Franklin Apartments for Rent and Nearby
The cheapest available apartment rental in Franklin, VA is a 1 Bed unit found at Autumn Ridge Apartments priced from $995. The Elliott Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,275. Here is today’s list of the most affordable Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Autumn Ridge Apartments | 1 Bedroom | 1BR,1BA | $995 |
| The Elliott Apartments | The Mace | Studio,1BA | $1,275 |
| Meadowridge Apartments | Garden- 2 Bedroom, 1 Bath- Upstairs | 2BR,1BA | $1,315 |
| Maplewood | 2 Bedroom | 2BR,1BA | $1,365 |
| Taylor Bend Apartments | 1b1.5b | 1BR,1BA | $1,425 |
| Taylor Pointe Apartments | The Lakeside | 2BR,1BA | $1,499 |
| The Commons at Centerbrooke | Luxury Without the Guesswork — One Price, Just ... | 2BR,2BA | $1,539 |
| Stonebridge Apartments | 1 bedroom waitlist | 1BR,1BA | $1,550 |
| Bradford Mews Apartments - Tax Credit | Three Bedroom | 3BR,2BA | $1,556 |
| Hillpoint Woods Apartments | 2BR/1BA | 2BR,1BA | $1,600 |
Best Value Apartments for Rent in Franklin, VA and Nearby
As of June 14, 2026 the best value apartment in the Franklin area is the $1.66 price per square foot Weldon Model at Hillpoint Preserve Townhome Apartments in the starting from $2,663. The second greatest value Franklin apartment is the Three Bedroom Model at Bradford Mews Apartments - Tax Credit starting at $1,556 with a $1.18 price per square foot . 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. |
|---|---|---|---|
| Hillpoint Preserve Townhome Apartments | Weldon | 3BR,2.5BA | $1.66 |
| Bradford Mews Apartments - Tax Credit | Three Bedroom | 3BR,2BA | $1.18 |
| Harbour Breeze Luxury Lifestyle Apartments | The Seaport | 2BR,2BA | $1.72 |
| Meadowridge Apartments | Garden- 2 Bedroom, 1 Bath- Upstairs | 2BR,1BA | $1.40 |
| Hillpoint Woods Apartments | 2BR/2BA | 2BR,2BA | $1.78 |
| Taylor Bend Apartments | 1b1.5b | 1BR,1.5BA | $1.57 |
| Maplewood | 2 Bedroom | 2BR,1BA | $1.52 |
| The Commons at Centerbrooke | All the Comfort. None of the Hidden Costs — Jus... | 2BR,2BA | $1.73 |
| Taylor Pointe Apartments | The Lakeside | 2BR,1.5BA | $1.70 |
| Autumn Ridge Apartments | 1 Bedroom | 1BR,1BA | $1.79 |
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 Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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, VA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Franklin, VA Rentals by Map
See the most popular apartments and homes in Franklin, VA
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 The Elliott Apartments listed at $1,275.
How much is rent for a Cheap One Bedroom Franklin Apartment?
The lowest price for a Cheap One Bedroom Franklin Apartment is $995 at Autumn Ridge 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 $1,095 at Autumn Ridge Apartments.
What is the most affordable Franklin Three Bedroom Apartment?
The best deal on a cheap Franklin Three Bedroom Apartment rental is at Bradford Mews Apartments - Tax Credit and starts from $1,556.
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 I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.