410 Wellons St
SuffolkVA23434
Cheap Homes for Rent in Franklin, VA from $1,200 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin.
804 City Park Ave
PortsmouthVA23701
210 Baker St
SuffolkVA23434
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.
307 Central Ave
SuffolkVA23434
307 N 4th St
SuffolkVA23434
212 Middle St
SmithfieldVA23430
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.
Showing Results 1-6, 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 a home in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin 2 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
| Franklin 3 Bedroom Homes for Rent | $2,345 | $1,600 | $3,300 |
| Franklin 4 Bedroom Homes for Rent | $2,470 | $1,800 | $2,950 |
| Franklin 5 Bedroom Homes for Rent | $3,132 | $2,600 | $3,400 |
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 1 Bed unit found at Autumn Ridge Apartments in the Suffolk City County neighborhood priced from $995. Forest Pine Apartments in the Franklin City County neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,075. 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 |
| Forest Pine Apartments | 2b | 2BR,1BA | $1,075 |
| The Elliott Apartments | The Mace | Studio,1BA | $1,275 |
Best Value Apartments for Rent in Franklin, VA and Nearby
As of July 07, 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 in the Suffolk City County neighborhood starting from $2,663. The second greatest value Franklin apartment is the 3 bedroom waitlist Model at Stonebridge Apartments starting at $2,225 with a $1.75 price per square foot in the Western Branch 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 | Weldon | 3BR,2.5BA | $1.66 |
| Stonebridge Apartments | 3 bedroom waitlist | 3BR,2BA | $1.75 |
| Eagle Harbor Apartments | 2BR | 2BR,2BA | $1.70 |
| Bradford Mews Apartments - Tax Credit | Two Bedroom | 2BR,2BA | $1.36 |
| Meadowridge Apartments | Garden- 2 Bedroom, 1 Bath- Upstairs | 2BR,1BA | $1.40 |
| Taylor Bend Apartments | 1b1.5b | 1BR,1.5BA | $1.57 |
| Morris Creek Landing Apartments | Two Bed Two Bath with W/D | 2BR,2BA | $1.59 |
| Maplewood | 2 Bedroom | 2BR,1BA | $1.52 |
| Taylor Pointe Apartments | The Lakeside | 2BR,1.5BA | $1.70 |
| Forest Pine Apartments | 2b | 2BR,1BA | $1.29 |
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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How much rent can you afford?
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 Franklin
What type of rentals are currently available in Franklin?
There are currently 50 Apartments for Rent in Franklin, VA with pricing that ranges from $568 to $3,038. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $1,295 to $3,400.
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 $1,295 to $3,400 with an average monthly rent of $2,344.
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
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.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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.