
Cheap Homes for Rent in Franklin, VA from $1,200 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.


259 NC-32

410 Wellons 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.

185 Horace Carter Rd

458 Longstreet Ln

2040 Whaleyville Blvd
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.

196 Greenfield Crescent
Franklin, VA 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 | $1,565 | $1,250 | $1,845 |
Franklin 3 Bedroom Homes for Rent | $2,200 | $1,300 | $2,800 |
Franklin 4 Bedroom Homes for Rent | $2,811 | $1,700 | $3,500 |
Franklin 5 Bedroom Homes for Rent | $3,263 | $2,995 | $3,595 |
Browse Top Homes for Rent in Franklin
Explore Franklin
Franklin, VA Local Guide
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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 Pretlow Homes priced from $526. Church Manor has the second lowest priced unit, which is a 2 Beds apartment currently listed from $915. Here is today’s list of the most affordable Franklin apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Pretlow Homes | 1 Bed, 1 bath | 1BR,1BA | $526 |
Church Manor | 2 Beds, 1 bath | 2BR,1BA | $915 |
Autumn Ridge Apartments | 1 Bedroom | 1BR,1BA | $995 |
Best Value Apartments for Rent in Franklin, VA and Nearby
As of September 09, 2025 the best value apartment in the Franklin area is the $1.54 price per square foot Anchor - Patio Model at The Westerly at Benn’s Grant in the starting from $2,434. The second greatest value Franklin apartment is the Leaf Your Worries Behind – Upgrade to Cozy Living! Model at Meridian Harbourview starting at $2,017 with a $1.60 price per square foot in the Western Branch North 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 Westerly at Benn’s Grant | Anchor - Patio | 3BR,2.5BA | $1.54 |
Meridian Harbourview | Leaf Your Worries Behind – Upgrade to Cozy Living! | 2BR,2BA | $1.60 |
Arbour Reach Apartments | Two Bedroom | 2BR,2BA | $1.25 |
Bradford Mews Apartments - Tax Credit | Two Bedroom | 2BR,2BA | $1.34 |
Saratoga Place | 2 Bedroom | 2BR,2BA | $1.37 |
Morris Creek Landing Apartments | Two Bed Two Bath with W/D | 2BR,2BA | $1.59 |
Maplewood Apartments - Tax Credit | 2 Beds, 1 bath | 2BR,1BA | $1.54 |
Autumn Ridge Apartments II | 2 Bedroom | 2BR,1BA | $1.28 |
Church Manor | 2 Beds, 1 bath | 2BR,1BA | $1.28 |
Forest Pine Apartments | 1b | 1BR,1BA | $1.59 |
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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 Franklin
What type of rentals are currently available in Franklin?
There are currently 44 Apartments for Rent in Franklin, VA with pricing that ranges from $526 to $3,100. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $1,250 to $3,595.
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 $1,250 to $3,595 with an average monthly rent of $2,246.
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.