
Cheap Apartments for Rent in the Franklin South Neighborhood of Provo, UT from $300 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Franklin South area of Provo.


355 E 500 N

355 E 500 N

355 E 500 N

1169 N 800 W St
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.

345 Belmont Pl

364 N Seven Peaks Blvd

355 E 500 N

442 S 1350 E, Unit Front Room Private Bed

1152 E 560 N
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.

642 N 200 E, Unit 206

355 E 500 N

1337 S 1400 W

Conerstone Apartments

Mountain Vista
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.

440 E 700 N
Franklin South, Provo, UT Local Guide

How much does it cost to rent an apartment in Franklin South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin South Studio Apartments | $1,263 | $999 | $1,750 |
| Franklin South 1 Bedroom Apartments | $1,162 | $365 | $1,519 |
| Franklin South 2 Bedroom Apartments | $1,690 | $1,125 | $2,599 |
| Franklin South 3 Bedroom Apartments | $1,531 | $1,190 | $1,782 |
| Franklin South 4 Bedroom Apartments | $1,297 | $620 | $1,975 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Franklin South Neighborhood of Provo, UT.
See all Apartments in ProvoExplore Provo
Cheapest Available Franklin South Apartments for Rent
 The cheapest available apartment rental in the Franklin South area of Provo, UT is a 2 Beds unit found at Alpine Village priced from $550. Campus Way has the second lowest priced unit, which is a 4 Beds apartment currently listed from $606. Here are the most affordable Franklin South apartments for rent in Provo, UT:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Alpine Village | Shared Room Floorplan | 2BR,2BA | $550 |
| Campus Way | Unit #158 | 4BR,1BA | $606 |
| CollegePlace Woodland | 4X2 B | 4BR,2BA | $680 |
| CollegePlace Provo | 4x2 | 4BR,2BA | $680 |
| Lookout Pointe | 1x1 | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Franklin South, UT
As of January 13, 2026 the best value apartment in the Franklin South area is the $0.43 price per square foot 5x3 Model at CollegePlace Provo in the in the University neighborhood starting from $735. The second greatest value Franklin South apartment is the 4x2 A Female Model at CollegePlace Woodland starting at $670 with a $0.53 price per square foot in the University neighborhood. Here is today’s list of the best values for Franklin South apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| CollegePlace Provo | 5x3 | 5BR,3BA | $0.43 |
| CollegePlace Woodland | 4x2 A Female | 4BR,2BA | $0.53 |
| Alpine Village | End Cap | 4BR,2BA | $0.58 |
| Slate Canyon | 3 Bedroom | 2 Bathroom | 3BR,2BA | $1.50 |
| Sierra Ridge | 3X1 | 3BR,1BA | $1.46 |
| 272 W 400 N, Unit 107 | 272 W 400 N | 1BR,1.5BA | $1.31 |
| 200 City View | Cambridge | 1BR,1BA | $2.03 |
| Blueridge | 1x1 | 1BR,1BA | $0.68 |
| Lookout Pointe | 1x1 | 1BR,1BA | $1.75 |
| Palladium | 1x1 | 1BR,1BA | $1.90 |
Frequently Asked Questions about Cheap Franklin South Apartments
What is a cheap apartment in Franklin South?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Franklin South is under $1,235.
What is the price of a cheap apartment in Franklin South?
The cheapest apartment in Franklin South is Lookout Pointe which is listed at $1,050, while the average apartment in Franklin South costs $1,699.
What types of apartments are the cheapest in Franklin South?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in Franklin South that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Franklin South?
Cheap apartments in Franklin South have an average cost of $254 which is $1,445 cheaper than the average rent for all rentals in Franklin South.
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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!