Cheap Apartments for Rent in Franklin, VT from $800 (40 Rentals)

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Search the lowest-cost Apartments available for rent right now in Franklin.

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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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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46 School Street
Studio to 2 Bedroom Apartments

46 School Street

46 School StreetJohnson, VT 05656
  • Utilities Included

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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65 Northgate Plz
1 to 2 Bedroom Apartments

65 Northgate Plz

65 Northgate PlzMorristown, VT 05661
Corporate Housing
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Hillview Off Campus Housing
Studio to 1 Bedroom Apartments

Hillview Off Campus Housing

85 E Spring StWinooski, VT 05404
Student Housing
  • Utilities Included
  • Smoke Free
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City Lofts
Studio to 1 Bedroom Apartments

City Lofts

15 Manseau StWinooski, VT 05404
  • Smoke Free

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-40, Page 1 of 1

Franklin, VT Local Guide

Cheapest Available Franklin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Franklin, VT is a 1 Bed unit found at Pines Senior Living priced from $1,230. 30 City Hall Pl has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,375. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pines Senior Living1br/1ba-Income Restricted1BR,1BA$1,230
30 City Hall PlOne Bedroom1BR,1BA$1,375
Residences at Great Cedars1 BR1BR,1BA$1,395
Riverside In the Village11 Franklin Studio with coin opp. laundryStudio,1BA$1,450
11 Park Street ApartmentsStudioStudio,1BA$1,600
Catamount LaneCatlane One Bedroom1BR,1BA$1,675
Winooski BlockWinooski Block | 1 Bed (3-15 East Allen)1BR,1BA$1,700
Toad LaneToadlane | 1 Bed1BR,1BA$1,700
Keen's CrossingCedar - Income Limits Apply2BR,2BA$1,709
Brandywine Lofts & Farmstead LoftsStudioStudio,1BA$1,795

Best Value Apartments for Rent in Franklin, VT and Nearby

As of April 13, 2026 the best value apartment in the Franklin area is the $2.15 price per square foot 2BR/2.0BA Model at Village at Autumn Pond in the starting from $2,425. The second greatest value Franklin apartment is the Two Bedroom Town House Model at Millhouse Terrace starting at $2,700 with a $2.43 price per square foot in the Centennial neighborhood. Here is today’s list of the best values for Franklin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Village at Autumn Pond2BR/2.0BA2BR,2BA$2.15
Millhouse TerraceTwo Bedroom Town House2BR,1BA$2.43
Winooski BlockWinooski Block | 1 Bed (3-15 East Allen)1BR,1BA$1.61
5 Corners2 Bed 2 Bath2BR,2BA$2.13
Mansfield ApartmentsOne Bedroom One Bath1BR,1BA$2.24
79 W Canal StMillhouse Historic2BR,1BA$2.69
Residences at Great Cedars1 BR1BR,1BA$1.89
Ethan AllenEthan Allen 042BR,1BA$2.57
30 City Hall PlOne Bedroom1BR,1BA$1.96
Toad LaneToadlane | 1 Bed1BR,1BA$2.50

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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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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Quick Rent Budget Calculator

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Franklin, VT Rentals by Map

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See the most popular apartments and homes in Franklin, VT

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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 Riverside In the Village listed at $1,450.

How much is rent for a Cheap One Bedroom Franklin Apartment?

The lowest price for a Cheap One Bedroom Franklin Apartment is $1,230 at Pines Senior Living.

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 $1,475 at 30 City Hall Pl.

What is the most affordable Franklin Three Bedroom Apartment?

The best deal on a cheap Franklin Three Bedroom Apartment rental is at 30 City Hall Pl and starts from $1,575.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.