
Cheap Homes for Rent in Franklinton, NC from $1,300 (21 Rentals)
Search the lowest-cost Homes available for rent right now in Franklinton.


8 N Sterling St, Unit B

4079 Acorn Dr

2062 Wiggins Village Dr

2091 Wiggins Village Dr

918 E Green St

322 E Perry Ave
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.

1028 Peony Ln

1003 Peony Ln

1005 Peony Ln

1025 Peony Ln

1009 Peony Ln

1007 Peony Ln

211 W Mason St
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.

1039 Peony Ln

1043 Peony Ln

1006 Peony Ln

1041 Peony Ln

1023 Peony Ln

1045 Peony Ln

1022 Peony Ln
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.
Franklinton, NC Local Guide

How much does it cost to rent a home in Franklinton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklinton 2 Bedroom Homes for Rent | $1,483 | $1,350 | $1,550 |
| Franklinton 3 Bedroom Homes for Rent | $2,120 | $1,550 | $3,400 |
| Franklinton 4 Bedroom Homes for Rent | $2,532 | $2,399 | $2,665 |
| Franklinton 5 Bedroom Homes for Rent | $2,730 | $2,295 | $3,200 |
Browse Top Homes for Rent in Franklinton
Explore Franklinton
Franklinton, NC Local Guide
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Cheapest Available Franklinton Apartments for Rent and Nearby
 The cheapest available apartment rental in Franklinton, NC is a 2 Beds unit found at The Grande at Granite Falls-Senior 62+ years in the Heritage Hills neighborhood priced from $875. 8809-8813 Litchford Rd in the Northridge Trace neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Franklinton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Grande at Granite Falls-Senior 62+ years | Two Bedroom | 2BR,1BA | $875 |
| 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 |
| Bexley at Heritage | Dogwood | 1BR,1BA | $1,134 |
Best Value Apartments for Rent in Franklinton, NC and Nearby
As of July 11, 2026 the best value apartment in the Franklinton area is the $1.47 price per square foot Coleman Model at Wallbrook Village in the in the Heritage Hills neighborhood starting from $2,830. The second greatest value Franklinton apartment is the 3BR 2BA (C1 - 1486 SF) Model at Capital Creek at Heritage Apartments starting at $1,814 with a $1.22 price per square foot in the Reynolds Mill 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 | $1.47 |
| Capital Creek at Heritage Apartments | 3BR 2BA (C1 - 1486 SF) | 3BR,2BA | $1.22 |
| The Collection Kinsley | Zephyr | 3BR,2.5BA | $1.28 |
| Pines at Wake Forest | B2A | 2BR,2BA | $1.39 |
| Falls Creek Apartments and Townhomes | Two Bedroom 2 Bath | 2BR,2BA | $1.30 |
| Cortland Falls River | Caswell | 2BR,1BA | $1.42 |
| The Residences at Wakefield | Maple-Reno | 1BR,1BA | $1.46 |
| The Grande at Granite Falls-Senior 62+ years | Two Bedroom | 2BR,1BA | $0.96 |
| Maystone at Wakefield | Sunstone | 1BR,1BA | $1.36 |
| Bexley at Heritage | Dogwood | 1BR,1BA | $1.43 |
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 Franklinton
What type of rentals are currently available in Franklinton?
There are currently 49 Apartments for Rent in Franklinton, NC with pricing that ranges from $875 to $5,789. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklinton ranging from $1,350 to $3,400.
What is the current price range for Rental Homes in Franklinton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Franklinton ranges from $1,350 to $3,400 with an average monthly rent of $2,216.
How much are larger Three and Four Bedroom Rentals in Franklinton?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Franklinton range from $1,287 to $5,789, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $3,400. Four Bedroom Single-Family rentals are also available starting from $2,399 and Four Bedroom Apartments start at $1,920.
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

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.