Cheap Homes for Rent in Franklin, WV from $1,000 (12 Rentals)

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

property at 414 Bruce St

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

2 Bedroom, 1 Bath Home for Rent

Available Now

414 Bruce St

BridgewaterVA22812
property at 126 W Grattan St

$1,150

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

2 Bedroom, 1 Bath Home for Rent

Available Jul 17

126 W Grattan St

HarrisonburgVA22801
property at 218 S Main St

$1,150

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

2 Bedroom, 1 Bath Home for Rent

Available Jun 13

218 S Main St

BridgewaterVA22812
property at 144 W Grattan St

$1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175

2 Bedroom, 1 Bath Home for Rent

Available Oct 1

144 W Grattan St

HarrisonburgVA22801
property at 163 Suter St

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

1 Bedroom, 1 Bath Home for Rent

Available Now

163 Suter St

HarrisonburgVA22802
property at 1751 Central Ave

$1,225

Total Monthly Price

Total Monthly Price

Base Rent
$1,225

Total Monthly Price
$1,225

2 Bedroom, 1 Bath Home for Rent

Available Jun 19

1751 Central Ave

HarrisonburgVA22801

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.

property at 1624 Buttonwood Ct

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 1 Bath Home for Rent

Available Now

1624 Buttonwood Ct

HarrisonburgVA22802
property at 501 Roman Way

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Home for Rent

Available Jul 1

501 Roman Way

HarrisonburgVA22802
property at 155 W Rock St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1 Bath Home for Rent

Available Sep 18

155 W Rock St

HarrisonburgVA22802
property at 1727 Buttonwood Ct

$1,375

Total Monthly Price

Total Monthly Price

Base Rent
$1,375

Total Monthly Price
$1,375

2 Bedroom, 1.5 Bath Townhome for Rent

Available Aug 18

1727 Buttonwood Ct

HarrisonburgVA22802
property at 106 Weeping Willow Ln

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

2 Bedroom, 1.5 Bath Townhome for Rent

Available Jun 15

106 Weeping Willow Ln

BridgewaterVA22812
property at 128 W Gay St

$1,395

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

2 Bedroom, 1 Bath Townhome for Rent

Available Aug 21

128 W Gay St

HarrisonburgVA22802

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.

Franklin, WV Local Guide

Cheapest Available Franklin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Franklin, WV is a 1 Bed unit found at Lee Street Apartments priced from $524. Yellowbud Place has the second lowest priced unit, which is a 2 Beds apartment currently listed from $775. Here is today’s list of the most affordable Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lee Street Apartments1 Bed, 1 bath1BR,1BA$524
Yellowbud Place2 Bedroom Unit2BR,1BA$775
Springhill Village ApartmentsOne Bedroom1BR,1BA$780
Craigmont Manor1 Bedroom1BR,1BA$815
Middlebrook Trace2 Bed2BR,1BA$1,015

Best Value Apartments for Rent in Franklin, WV and Nearby

As of June 11, 2026 the best value apartment in the Franklin area is the $0.54 price per square foot 4BD/4.5BA Renovated Model at Arcadia Harrisonburg in the in the Old Town Harrisonburg neighborhood starting from $705. The second greatest value Franklin apartment is the D1-Premium Model at The Hills Southview Apartments starting at $691 with a $0.53 price per square foot . 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.
Arcadia Harrisonburg4BD/4.5BA Renovated4BR,4.5BA$0.54
The Hills Southview ApartmentsD1-Premium4BR,4BA$0.53
Frontier Ridge Apartments3 BR3BR,2BA$0.92
Waterford Village3 Bedroom 2 Bath3BR,2BA$0.93
The Hills Northview ApartmentsD1-Premium4BR,2BA$0.48
North 383x33BR,3BA$0.64
Landings at Weyers CaveThe Augusta2BR,2BA$0.96
Middlebrook Trace2 Bed2BR,1.5BA$0.99
Yellowbud Place2 Bedroom Unit2BR,1.5BA$0.81
Lee Street Apartments1 Bed, 1 bath1BR,1BA$0.75

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
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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.

Read Article
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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!

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Frequently Asked Questions about Franklin

What type of rentals are currently available in Franklin?

There are currently 60 Apartments for Rent in Franklin, WV with pricing that ranges from $524 to $3,275. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $1,025 to $2,600.

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 $1,025 to $2,600 with an average monthly rent of $1,705.

How much are larger Three and Four Bedroom Rentals in Franklin?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Franklin range from $729 to $3,275, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,425 to $2,250. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $679.

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 How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.