
Cheap Apartments for Rent near Franktown, CO from $900 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in Franktown.


Copper Steppe Apartments

Talus - All utilities & parking included

Forte 55+

Vistas at Plum Creek

Parker Flats at Old Town

Parker Hilltop

The Depot at Twenty Mile

Echo Ridge Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Reserve at Castle Highland

Marquis Castle Pines

Unity on Park

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Waterford on Mainstreet

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Pines at Castle Rock

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The Meadowmark 55+ Active Adult Affordable Living

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The Bluffs at Castle Rock

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South Range Crossings

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Bell Stonegate
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Auburn Ridge

Riverwalk

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Juniper on Main

Trailside Apartments

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AVRA at RidgeGate Station

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Enclave at Cherry Creek

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The Links at Plum Creek

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Venue at the Promenade

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The Prospector Modern Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Talus Flats

The View at Castle Rock

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Pine and Parker

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Briargate on Main

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Avalon Parker

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Alana

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Auburn Brook

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Watermark on Twenty Mile

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Madison at Canyons, The
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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Peak 83

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Pine Ridge Crossings

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Avalon Castle Rock

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Citadel at Castle Pines

12886 Ironstone Way

12918 Ironstone Way

Black Feather Apartment Homes

12931 Ironstone Way

474 Black Feather Loop
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.

18611 Stroh Rd

1405 S Sierra Dr

424 Lake Gulch Rd
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 | $1,726 | $1,512 | $1,872 |
| Franktown 1 Bedroom Apartments | $1,790 | $990 | $2,597 |
| Franktown 2 Bedroom Apartments | $2,162 | $1,183 | $4,424 |
| Franktown 3 Bedroom Apartments | $2,903 | $2,052 | $4,664 |
| Franktown 4 Bedroom Apartments | $3,835 | $3,802 | $3,877 |
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 Oakwood Senior Apartments in the Crystal Crossing neighborhood priced from $990. Talus - All utilities & parking included in the Highlands Ranch Town Center neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,223. Here is today’s list of the most affordable Franktown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oakwood Senior Apartments | Oakwood 1 | 1BR,1BA | $990 |
| Talus - All utilities & parking included | 1 Bed, 1 bath | 1BR,1BA | $1,223 |
| Forte 55+ | Floor Plan A | 1BR,1BA | $1,434 |
| Vistas at Plum Creek | Windsor - 1 | 1BR,1BA | $1,435 |
| Parker Flats at Old Town | The Gallerie | 1BR,1BA | $1,437 |
| Parker Hilltop | Hillside | 1BR,1BA | $1,458 |
| Echo Ridge Apartments | A1 | 1BR,1BA | $1,493 |
| Reserve at Castle Highland | One Bedroom | 1BR,1BA | $1,494 |
| Unity on Park | Studio, 1 bath | Studio,1BA | $1,512 |
| Waterford on Mainstreet | a | 1BR,1BA | $1,536 |
Best Value Apartments for Rent in Franktown, CO and Nearby
As of July 22, 2026 the best value apartment in the Franktown area is the $1.82 price per square foot 3 Bed 2.5 Bath E Model at The Townhomes at Pine Drive in the in the Newlin Meadows neighborhood starting from $2,820. The second greatest value Franktown apartment is the Prairie Model at Red Hawk Crossings starting at $3,040 with a $2.04 price per square foot in the Crystal Crossing 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. |
|---|---|---|---|
| The Townhomes at Pine Drive | 3 Bed 2.5 Bath E | 3BR,2.5BA | $1.82 |
| Red Hawk Crossings | Prairie | 3BR,2.5BA | $2.04 |
| Black Feather Apartment Homes | 3 | 3BR,2.5BA | $1.84 |
| South Range Crossings | Two Bedroom B2 (60%) | 2BR,2BA | $1.68 |
| Pine Ridge Crossings | 2B | 2BR,2BA | $1.94 |
| Parker Hilltop | Hillside | 1BR,1BA | $1.82 |
| Reserve at Castle Highland | One Bedroom | 1BR,1BA | $2.01 |
| Echo Ridge Apartments | A1 | 1BR,1BA | $2.09 |
| Talus - All utilities & parking included | 1 Bed, 1 bath | 1BR,1BA | $1.88 |
| Oakwood Senior Apartments | Oakwood 1 | 1BR,1BA | $1.52 |
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 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.
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 Unity on Park listed at $1,512.
How much is rent for a Cheap One Bedroom Franktown Apartment?
The lowest price for a Cheap One Bedroom Franktown Apartment is $990 at Oakwood Senior Apartments.
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 $1,599 at The Meadowmark 55+ Active Adult Affordable Living.
What is the most affordable Franktown Three Bedroom Apartment?
The best deal on a cheap Franktown Three Bedroom Apartment rental is at Pines at Castle Rock and starts from $2,052.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.