
Cheap Apartments for Rent in Franklinton, NC from $900 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklinton.


251-253-253 E Mason St

Lofts at Sterling Mill

918 E Green St

Total Monthly Price
Columns at Wakefield

Falls Creek Apartments and Townhomes

Maystone at Wakefield

Brookefield Apartments

Bexley at Heritage
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.

River Haven

Wakefield Station

Capital Creek at Heritage Apartments

Madison Wakefield

Aston Apartments

Caveness Farms

Total Monthly Price
North Forest Apartments

Total Monthly Price
Cortland Falls River

Muirfield Village Apartments
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.

Total Monthly Price
Legacy at Wakefield Apartments

Palisades of Wake Forest

Comet North Raleigh

Hawthorne at the Forest

Total Monthly Price
Wakefield Glen

Total Monthly Price
The Residences at Wakefield

Granville Oaks Apartment Homes

Total Monthly Price
The Pointe at Heritage

Hawthorne at Traditions
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.

Cobblestone Village

Pines at Wake Forest

West Oak Apartments

The Pace at Holding Village

Highland Vista

Encore at Heritage

333 Woodlief Rd

630 N Taylor St

Ridgewood Apartments
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.

Meridian at Rogers Branch

345 W Oak Ave

Brighton Pointe Senior Apartments
Franklinton, NC Local Guide

How much does it cost to rent an apartment in Franklinton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklinton 1 Bedroom Apartments | $1,404 | $950 | $2,240 |
| Franklinton 2 Bedroom Apartments | $1,738 | $1,189 | $3,965 |
| Franklinton 3 Bedroom Apartments | $2,122 | $1,399 | $5,789 |
| Franklinton 4 Bedroom Apartments | $3,028 | $1,920 | $3,458 |
Browse Top Apartments in Franklinton
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Franklinton, NC Local Guide
- Franklinton Neighborhoods
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Cheapest Available Franklinton Apartments for Rent and Nearby
 The cheapest available apartment rental in Franklinton, NC is a 1 Bed unit found at 8809-8813 Litchford Rd in the Northridge Trace neighborhood priced from $950. Maystone at Wakefield in the Reynolds Mill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,092. Here is today’s list of the most affordable Franklinton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 8809-8813 Litchford Rd | 2nd Floor Bedroom Suite | 1BR,1BA | $950 |
| Maystone at Wakefield | Sunstone | 1BR,1BA | $1,092 |
| Brookefield Apartments | Pullen | 1BR,1BA | $1,099 |
| Madison Wakefield | A1-MW | 1BR,1BA | $1,208 |
| Capital Creek at Heritage Apartments | 1BR 1BA (A3 - 833 SF) | 1BR,1BA | $1,224 |
| Cortland Falls River | Alexander | 1BR,1BA | $1,252 |
| Muirfield Village Apartments | The Ashton | 1BR,1BA | $1,260 |
| Aston Apartments | Bennet | 1BR,1BA | $1,261 |
| Legacy at Wakefield Apartments | A1 | 1BR,1BA | $1,269 |
Best Value Apartments for Rent in Franklinton, NC and Nearby
As of June 21, 2026 the best value apartment in the Franklinton area is the $1.38 price per square foot Coleman Model at Wallbrook Village in the in the Heritage Hills neighborhood starting from $2,655. The second greatest value Franklinton apartment is the Zephyr Model at The Collection Kinsley starting at $1,840 with a $1.28 price per square foot in the Hunters Crossing neighborhood. Here is today’s list of the best values for Franklinton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wallbrook Village | Coleman | 3BR,2.5BA | $1.38 |
| The Collection Kinsley | Zephyr | 3BR,2.5BA | $1.28 |
| Pines at Wake Forest | B2A | 2BR,2BA | $1.37 |
| Wakefield Glen | A3 | 1BR,1BA | $1.35 |
| Falls Creek Apartments and Townhomes | Two Bedroom 2 Bath | 2BR,2BA | $1.34 |
| Bexley at Heritage | Cedar | 2BR,2BA | $1.41 |
| River Haven | River | 2BR,2BA | $1.40 |
| Aston Apartments | Iredell | 1BR,1BA | $1.53 |
| Capital Creek at Heritage Apartments | 1BR 1BA (A3 - 833 SF) | 1BR,1BA | $1.47 |
| Maystone at Wakefield | Sunstone | 1BR,1BA | $1.36 |
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 ArticleTop Neighborhoods Near Raleigh Colleges and Universities
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Raleigh, NC metro area for affordable living. Find your perfect Raleigh Student apartment, condo, or rental home today.
Read ArticleReal 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 ArticleQuick 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.
Best Local Schools in Franklinton, NC
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Franklinton, NC Rentals by Map
See the most popular apartments and homes in Franklinton, NC
Frequently Asked Questions about Cheap Franklinton Apartments
How much is rent for a Cheap One Bedroom Franklinton Apartment?
The lowest price for a Cheap One Bedroom Franklinton Apartment is $950 at 8809-8813 Litchford Rd.
What is the lowest price for a Cheap Two Bedroom Franklinton Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Franklinton is starting from $1,334 at The Residences at Wakefield.
What is the most affordable Franklinton Three Bedroom Apartment?
The best deal on a cheap Franklinton Three Bedroom Apartment rental is at River Haven and starts from $1,399.
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.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh
Written by: Chris Munier
Raleigh offers not only an exciting urban environment, the centerpiece of a thriving metro area, but it’s also affordable. That is, assuming you know where to rent.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh
Written by: Chris Munier
Student apartments are not always easy to find in every location, but that’s not the case in the university-rich city of Raleigh, North Carolina.

Discover Terrific Apartment Opportunities Near Raleighs Largest Employers
Written by: Chris Munier
Did you recently land a new job in Raleigh but can’t find a suitable place to live? This is a common issue for working professionals making career changes, especially in a transplant-heavy area like Raleigh.

Discover Raleigh, North Carolina: A Locals Take on the City of Oaks
Written by: Chris Munier
Greetings from Chris Munier, your resident expert on Raleigh, North Carolina. If you're thinking of moving to this central-NC community, then I’m here to help you scope out its top qualities.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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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.

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.