
Cheap Apartments for Rent in Franktown, CO from $700 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Franktown.


Forte

Copper Steppe Apartments

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Pines at Castle Rock

The View at Castle Rock

Vistas at Plum Creek

Parker Flats at Old Town

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Talus Flats

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The Meadowmark 55+ Active Adult Affordable Living
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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The Bluffs at Castle Rock Apartments

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Auburn Brook

Echo Ridge Apartments

Reserve at Castle Highland

Marquis Castle Pines

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The Links at Plum Creek

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The Prospector Apartments

Trailside Apartments

The Depot at Twenty Mile
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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Waterford on Mainstreet

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Peak 83

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Bell Stonegate

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Enclave at Cherry Creek

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Pine and Parker

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Alana

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Venue at the Promenade

Parker Hilltop

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AVRA at RidgeGate Station
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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Ara Townhomes & Flats

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Watermark on Twenty Mile

South Range Crossings

Riverwalk

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Juniper on Main

12886 Ironstone Way

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Briargate on Main

Auburn Ridge

Talus - All 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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Madison at Canyons, The

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Avalon Castle Rock

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Canvas at Castle Rock

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Citadel at Castle Pines

532 Oakwood Dr

811 S Chestnut St

308 Gilbert St

Black Feather Apartment Homes

12926 Ironstone Way
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.

18657 Stroh Rd

307 Jerry St
Franktown, CO Local Guide

How much does it cost to rent an apartment in Franktown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franktown Studio Apartments | $1,689 | $1,333 | $1,977 |
| Franktown 1 Bedroom Apartments | $1,794 | $788 | $3,617 |
| Franktown 2 Bedroom Apartments | $2,218 | $945 | $3,477 |
| Franktown 3 Bedroom Apartments | $2,966 | $1,995 | $5,300 |
| Franktown 4 Bedroom Apartments | $6,844 | $6,765 | $6,945 |
Browse Top Apartments in Franktown
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Franktown, CO Local Guide
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Cheapest Available Franktown Apartments for Rent and Nearby
 The cheapest available apartment rental in Franktown, CO is a 1 Bed unit found at Forte in the Horse Creek neighborhood priced from $788. Copper Steppe Apartments in the Newlin Meadows neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,159. Here is today’s list of the most affordable Franktown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Forte | Floor Plan F | 1BR,1BA | $788 |
| Copper Steppe Apartments | Larkspur | 2BR,2BA | $1,159 |
| Pines at Castle Rock | 1 Bedroom 1 Bathroom (iii) | 1BR,1BA | $1,306 |
| The View at Castle Rock | Executive Suite | Studio,1BA | $1,333 |
| Vistas at Plum Creek | Windsor - 2 | 1BR,1BA | $1,395 |
| Parker Flats at Old Town | The Gallerie | 1BR,1BA | $1,436 |
| The Meadowmark 55+ Active Adult Affordable Living | 1 Bedroom | 1BR,1BA | $1,449 |
| The Bluffs at Castle Rock Apartments | Lookout Renovated | 1BR,1BA | $1,475 |
| Echo Ridge Apartments | A1 | 1BR,1BA | $1,493 |
| Reserve at Castle Highland | One Bedroom | 1BR,1BA | $1,494 |
Best Value Apartments for Rent in Franktown, CO and Nearby
As of April 15, 2026 the best value apartment in the Franktown area is the $1.64 price per square foot Elkhorn Model at Red Hawk Crossings in the in the Crystal Crossing neighborhood starting from $2,595. The second greatest value Franktown apartment is the 3 Bed 2.5 Bath O Model at The Townhomes at Pine Drive starting at $2,745 with a $1.84 price per square foot in the Newlin Meadows neighborhood. Here is today’s list of the best values for Franktown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Red Hawk Crossings | Elkhorn | 3BR,2.5BA | $1.64 |
| The Townhomes at Pine Drive | 3 Bed 2.5 Bath O | 3BR,2.5BA | $1.84 |
| South Range Crossings | Three Bedroom C1 (60%) | 3BR,2BA | $1.66 |
| Talus Flats | The Valley | 2BR,2BA | $1.92 |
| Black Feather Apartment Homes | 2 | 2BR,2BA | $1.93 |
| Reserve at Castle Highland | One Bedroom | 1BR,1BA | $2.01 |
| Pines at Castle Rock | 1 Bedroom 1 Bathroom (iii) | 1BR,1BA | $1.77 |
| The Bluffs at Castle Rock Apartments | Lookout Renovated | 1BR,1BA | $2.00 |
| Echo Ridge Apartments | A1 | 1BR,1BA | $2.09 |
| Forte | Floor Plan A | 1BR,1BA | $1.19 |
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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Franktown, CO Rentals by Map
See the most popular apartments and homes in Franktown, CO
Frequently Asked Questions about Cheap Franktown Apartments
What is the Cheapest Studio apartment in Franktown?
Currently the most affordable Cheap Studio Apartment in Franktown is at The View at Castle Rock listed at $1,333.
How much is rent for a Cheap One Bedroom Franktown Apartment?
The lowest price for a Cheap One Bedroom Franktown Apartment is $788 at Forte.
What is the lowest price for a Cheap Two Bedroom Franktown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Franktown is starting from $945 at Forte.
What is the most affordable Franktown Three Bedroom Apartment?
The best deal on a cheap Franktown Three Bedroom Apartment rental is at South Range Crossings and starts from $1,995.
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

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.

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.

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.

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.