Cheap Apartments for Rent near New Franklin, MO from $700 (30 Rentals)

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

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Montmartre Apartments
$1,005 - $1,160
Total Monthly Price

Total Monthly Price

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$1,005 - $1,160
Total Monthly Price
$1,005 - $1,160
1 to 2 Bedroom Apartments Available Now

Montmartre Apartments

104 Clinkscales RdColumbia, MO 65203
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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.

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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.

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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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1012 E Broadway
1 to 3 Bedroom Apartments

1012 E Broadway

1012 E BroadwayColumbia, MO 65201
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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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Showing Results 1-30, Page 1 of 1

New Franklin, MO Local Guide

Cheapest Available New Franklin Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Franklin, MO is a 1 Bed unit found at Broadway Apartments in the Tiger Village Apartments neighborhood priced from $875. Montmartre Apartments in the Tiger Village Apartments neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,005. Here is today’s list of the most affordable New Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Broadway ApartmentsSpacious 1 Bedroom 1 Bathroom Apartment Home1BR,1BA$875
Montmartre Apartments1BR / 1 BA1BR,1BA$1,005
Heather RidgeLinden1BR,1BA$1,020
Cottage GroveTownhomes2BR,2BA$1,450
Columbia Square ApartmentsColumbia Square Two Bedroom (Affordable - Income G2BR,1BA$1,500
Boulder Springs ColumbiaBreckenridge2BR,2BA$1,674
1512 Gary StHome2BR,1BA$1,750
North Light Luxury LoftsNorth Light Luxury Lofts - East Floorplan -2BR,2BA$2,400
Walkers RidgeThe Dearborne4BR,2BA$2,700

Best Value Apartments for Rent in New Franklin, MO and Nearby

As of July 31, 2026 the best value apartment in the New Franklin area is the $1.50 price per square foot The Dearborne Model at Walkers Ridge in the in the Broadway Farms neighborhood starting from $2,700. The second greatest value New Franklin apartment is the North Light Luxury Lofts - East Floorplan - Model at North Light Luxury Lofts starting at $2,400 with a $1.63 price per square foot in the Downtown Columbia neighborhood. Here is today’s list of the best values for New Franklin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Walkers RidgeThe Dearborne4BR,2.5BA$1.50
North Light Luxury LoftsNorth Light Luxury Lofts - East Floorplan -2BR,2BA$1.63
Cottage GroveTownhomes2BR,2.5BA$1.04
1512 Gary StHome2BR,1BA$1.45
Boulder Springs ColumbiaBreckenridge2BR,2BA$1.53
Columbia Square ApartmentsColumbia Square Three Bedroom (Affordable - Income3BR,1.5BA$3.69
Montmartre Apartments1BR / 1 BA1BR,1BA$1.44
Broadway ApartmentsSpacious 1 Bedroom 1 Bathroom Apartment Home1BR,1BA$1.35
Heather RidgeLinden1BR,1BA$1.73

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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap New Franklin Apartments

How much is rent for a Cheap One Bedroom New Franklin Apartment?

The lowest price for a Cheap One Bedroom New Franklin Apartment is $875 at Broadway Apartments.

What is the lowest price for a Cheap Two Bedroom New Franklin Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in New Franklin is starting from $950 at Broadway Apartments.

What is the most affordable New Franklin Three Bedroom Apartment?

The best deal on a cheap New Franklin Three Bedroom Apartment rental is at Columbia Square Apartments and starts from $1,943.

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

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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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.