
Cheap Apartments for Rent near New Franklin, OH from $500 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in New Franklin.


82 1st St SE

153 3rd St NW

531 W Lake Ave

Centennial Village Apartments and Townhomes

Premier Garden 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.

Barberview Apartments

Total Monthly Price
651 Wooster Rd W, Unit 2

Total Monthly Price
212 1st St NW, Unit first lower

CedarBrook Apartments

Spinnaker Bay

2020 13th St SW
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.

Redwing Senior Apartments

Lakeside Apartments

1057 Neville Ave

Barber Knolls Community

Barberton 34 Apartments

Heritage Place
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.

1294 Moore St

2052 16th St SW

20 23rd St NW

1072 Wooster Rd W

1103 Stratford St

2307-2309 22nd St
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.

1169 Weiser Ave

1200 Girard St

Elson Pointe Estates
New Franklin, OH Local Guide

How much does it cost to rent an apartment in New Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Franklin Studio Apartments | $1,500 | $1,500 | $1,500 |
| New Franklin 1 Bedroom Apartments | $1,203 | $800 | $2,200 |
| New Franklin 2 Bedroom Apartments | $1,408 | $910 | $4,504 |
| New Franklin 3 Bedroom Apartments | $3,868 | $1,150 | $7,224 |
| New Franklin 4 Bedroom Apartments | $5,855 | $1,850 | $7,435 |
Browse Top Apartments in New Franklin
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New Franklin, OH Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Barberton 34 Apartments | 1 Beds, 1 Baths | 1BR,1BA | $800 |
| 4335-4335 Ormond Dr | 1 Bedroom | 1BR,1BA | $800 |
| Centennial Village Apartments and Townhomes | 1A | 1BR,1BA | $855 |
| Premier Garden Apartments | 1 Bedroom Garden - Fully Remodeled | 1BR,1BA | $880 |
| Barberview Apartments | Barberview: 2 Bed 1 Bath - Upgraded | 2BR,1BA | $950 |
| Newport Landing | 1 Bedroom Residential | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1424 Wooster Rd. | 1424 Wooster Rd. | 1BR,1BA | $0.90 |
| 245 E Ford Ave, Unit B | 245 E Ford Ave | 4BR,1BA | $1.32 |
| 140 N Canal St, Unit 138 | 140 N Canal St | Studio ,1BA | $1.25 |
| 212 1st St NW, Unit first lower | 212 1st St NW | 2BR,1BA | $0.98 |
| 4335-4335 Ormond Dr | 1 Bedroom Large | 1BR,1BA | $1.45 |
| Premier Garden Apartments | 1 Bedroom Garden - Fully Remodeled | 1BR,1BA | $1.14 |
| 651 Wooster Rd W, Unit 2 | 651 Wooster Rd W | 2BR,1BA | $1.27 |
| Barberview Apartments | Barberview: 2 Bed 1 Bath - Upgraded | 2BR,1BA | $1.30 |
| Barberton 34 Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.33 |
| Centennial Village Apartments and Townhomes | 1A | 1BR,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.
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 New Franklin, OH Rentals by Map
See the most popular apartments and homes in New Franklin, OH
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

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.

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.

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.