Cheap Apartments for Rent near New Franklin, OH from $500 (27 Rentals)

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

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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Spinnaker Bay
1 to 2 Bedroom Apartments

Spinnaker Bay

275 Portage Lakes DrAkron, OH 44319
  • Utilities Included

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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Lakeside Apartments
2 Bedroom Apartments

Lakeside Apartments

37 Schneiderman LnAkron, OH 44319
  • Utilities Included
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Heritage Place
Studio to 2 Bedroom Apartments

Heritage Place

41 30th St NWBarberton, OH 44203
Senior Living
  • Utilities Included

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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1072 Wooster Rd W
2 Bedroom Apartments

1072 Wooster Rd W

1072 Wooster Rd WBarberton, OH 44203
  • Utilities Included
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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.

New Franklin, OH Local Guide

Cheapest Available New Franklin Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Franklin, OH is a 1 Bed unit found at Barberton 34 Apartments in the West Barberton neighborhood priced from $800. 4335-4335 Ormond Dr in the Coventry neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable New Franklin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Barberton 34 Apartments1 Beds, 1 Baths1BR,1BA$800
4335-4335 Ormond Dr1 Bedroom1BR,1BA$800
Centennial Village Apartments and Townhomes1A1BR,1BA$855
Premier Garden Apartments1 Bedroom Garden - Fully Remodeled1BR,1BA$880
Barberview ApartmentsBarberview: 2 Bed 1 Bath - Upgraded2BR,1BA$950
Newport Landing1 Bedroom Residential1BR,1BA$1,269

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

As of August 09, 2026 the best value apartment in the New Franklin area is the $0.90 price per square foot 1424 Wooster Rd. Model at 1424 Wooster Rd. in the in the West Barberton neighborhood starting from $2,200. The second greatest value New Franklin apartment is the 245 E Ford Ave Model at 245 E Ford Ave, Unit B starting at $1,850 with a $1.32 price per square foot in the West Barberton 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.
1424 Wooster Rd.1424 Wooster Rd.1BR,1BA$0.90
245 E Ford Ave, Unit B245 E Ford Ave4BR,1BA$1.32
140 N Canal St, Unit 138140 N Canal StStudio ,1BA$1.25
212 1st St NW, Unit first lower212 1st St NW2BR,1BA$0.98
4335-4335 Ormond Dr1 Bedroom Large1BR,1BA$1.45
Premier Garden Apartments1 Bedroom Garden - Fully Remodeled1BR,1BA$1.14
651 Wooster Rd W, Unit 2651 Wooster Rd W2BR,1BA$1.27
Barberview ApartmentsBarberview: 2 Bed 1 Bath - Upgraded2BR,1BA$1.30
Barberton 34 Apartments1 Beds, 1 Baths1BR,1BA$1.33
Centennial Village Apartments and Townhomes1A1BR,1BA$1.49

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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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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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 $800 at Barberton 34 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 $910 at Premier Garden Apartments.

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.

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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.

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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.