503 Kissimmee Ave
SuffolkVA23434
Cheap Homes for Rent in Franklin, VA from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.
795 Jenkins Mill Rd
ConwayNC27820
2076 Queens Point Dr
SuffolkVA23434
214 Belvidere St
WaverlyVA23890
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
509 Ryland St
FranklinVA23851
410 S College Dr
FranklinVA23851
116 Cooper Rd
SunburyNC27979
207 Chestnut St
WaverlyVA23890
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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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 | $1,697 | $1,395 | $2,000 |
| Franklin 3 Bedroom Homes for Rent | $2,154 | $875 | $4,000 |
| Franklin 4 Bedroom Homes for Rent | $2,870 | $2,300 | $3,500 |
| Franklin 5 Bedroom Homes for Rent | $3,236 | $2,995 | $3,700 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 2 Beds unit found at Forest Pine Apartments in the Franklin City County neighborhood priced from $1,090. Autumn Ridge Apartments II in the Suffolk City County neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,098. Here is today’s list of the most affordable Franklin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Forest Pine Apartments | 2b | 2BR,1BA | $1,090 |
| Autumn Ridge Apartments II | 2 Bedroom | 2BR,1BA | $1,098 |
| The Elliott Apartments | The Mace | Studio,1BA | $1,275 |
Best Value Apartments for Rent in Franklin, VA and Nearby
As of August 21, 2026 the best value apartment in the Franklin area is the $1.63 price per square foot Virginian Model at Hillpoint Preserve Townhome Apartments in the in the Suffolk City County neighborhood starting from $2,763. The second greatest value Franklin apartment is the Beacon - Patio Model at The Westerly at Benn’s Grant starting at $2,153 with a $1.63 price per square foot in the Isle Of Wight County 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. |
|---|---|---|---|
| Hillpoint Preserve Townhome Apartments | Virginian | 3BR,2.5BA | $1.63 |
| The Westerly at Benn’s Grant | Beacon - Patio | 2BR,2BA | $1.63 |
| Meadowridge Apartments | Garden- 2 Bedroom, 2 Bath- Upstairs- Deluxe- End | 2BR,2BA | $1.38 |
| Autumn Ridge Apartments | 3 Bedroom | 3BR,1BA | $1.34 |
| Taylor Bend Apartments | 1b1.5b | 1BR,1.5BA | $1.57 |
| Hillpoint Woods Apartments | 2BR/1BA | 2BR,1BA | $1.77 |
| Maplewood | 2 Bedroom | 2BR,1BA | $1.52 |
| Morris Creek Landing Apartments | Two Bed Two Bath with W/D | 2BR,2BA | $1.59 |
| Autumn Ridge Apartments II | 2 Bedroom | 2BR,1BA | $1.29 |
| Forest Pine Apartments | 2b | 2BR,1BA | $1.31 |
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.
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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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Best Local Schools in Franklin, VA
Joseph P. King Jr. Middle School
Franklin City Public Schools
Public School - Grades 6-8 (164)
2 out of 10
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 51 Apartments for Rent in Franklin, VA with pricing that ranges from $829 to $3,040. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $700 to $4,000.
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 $700 to $4,000 with an average monthly rent of $2,339.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.