Cheap Apartments for Rent in Franklinton, NC from $900 (43 Rentals)

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

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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Cortland Falls River
Rent Specials
$1,170 - $6,699
Total Monthly Price

Total Monthly Price

Base Rent
$1,170 - $6,699

Total Monthly Price
$1,170 - $6,699
1 to 3 Bedroom Apartments Available Now

Cortland Falls River

1302 Rio Valley DrRaleigh, NC 27614
Corporate Housing
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Columns at Wakefield
Rent Specials
$1,173 - $2,118
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$1,173 - $2,118

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1 to 3 Bedroom Apartments Available Now

Columns at Wakefield

14114 Chriswick House LnRaleigh, NC 27614
Luxury
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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.

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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Wakefield Glen
$1,314 - $2,171
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$1,314 - $2,171

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1 to 3 Bedroom Apartments Available Now

Wakefield Glen

2400 Garden Hill DrRaleigh, NC 27614
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North Forest Apartments
Rent Specials
$1,316 - $2,673
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$1,316 - $2,673

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1 to 2 Bedroom Apartments Available Now

North Forest Apartments

835 Stadium DrWake Forest, NC 27587
Active Lifestyle
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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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The Lindley at Grove 98
Rent Specials
$1,580 - $2,396
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Total Monthly Price

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$1,580 - $2,396

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1 to 3 Bedroom Apartments Available Now

The Lindley at Grove 98

521 Granite Grove LoopWake Forest, NC 27587
Family Friendly
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Highland Vista
1 to 3 Bedroom Apartments

Highland Vista

320 Hidden Valley DrCreedmoor, NC 27522
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Encore at Heritage
1 to 3 Bedroom Apartments

Encore at Heritage

1891 S Franklin StWake Forest, NC 27587

Discover Raleigh, North Carolina: A Local's Take on the City of Oaks

Explore Raleigh's vibrant culture, from the best outdoor trails and museums to a comprehensive guide on the area's top-rated restaurants and nightlife, including the Warehouse District.

property at 414 S White St

$1,395 - $1,495

1 Bedroom Rentals

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414 S White St

Wake ForestNC27587

Franklinton, NC Local Guide

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 $995. Falls Creek Apartments and Townhomes in the Fox Haven neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here is today’s list of the most affordable Franklinton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
8809-8813 Litchford RdFirst Floor Bedroom Suite1BR,1BA$995
Falls Creek Apartments and TownhomesOne Bedroom1BR,1BA$1,095
Brookefield ApartmentsPullen1BR,1BA$1,099
Granville Oaks Apartment Homes1 Bedroom 1st Floor1BR,1BA$1,127
Capital Creek at Heritage Apartments1BR 1BA (737 SF)1BR,1BA$1,155
Cortland Falls RiverAlexander1BR,1BA$1,170
River HavenHaven2BR,1BA$1,189
Highland VistaSomerset2BR,1BA$1,200
Aston ApartmentsIredell1BR,1BA$1,231
The Residences at WakefieldHickory-Reno1BR,1BA$1,256

Best Value Apartments for Rent in Franklinton, NC and Nearby

As of May 07, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Wallbrook VillageColeman3BR,2.5BA$1.38
The Collection KinsleyZephyr3BR,2.5BA$1.28
Pines at Wake ForestC2A3BR,2BA$1.44
The Pointe at HeritageJasper II Newly Renovated2BR,2BA$1.42
Falls Creek Apartments and TownhomesTwo Bedroom 2 Bath2BR,2BA$1.54
River HavenNeuse Vista3BR,2BA$1.49
Bexley at HeritageCedar2BR,2BA$1.52
Cortland Falls RiverBranch1BR,1BA$1.52
Aston ApartmentsIredell1BR,1BA$1.48
Highland VistaSomerset2BR,1.5BA$1.47

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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Top 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.

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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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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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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 $995 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 $1,189 at River Haven.

What is the most affordable Franklinton Three Bedroom Apartment?

The best deal on a cheap Franklinton Three Bedroom Apartment rental is at The Residences at Wakefield and starts from $1,296.

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

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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.

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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.

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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.

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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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.