
Cheap Apartments for Rent in the Franklin South Neighborhood of Provo, UT from $300 (24 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

516 N 720 E

855 E 700 N

773 E 700 N

Total Monthly Price
577 North 100 West #204, Unit Shared room contract#1

Total Monthly Price
577 North 100 West #103, Unit Pines Condo Student Shared room contract
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355 E 500 N

1152 E 560 N

392 N Seven Peaks Blvd

1337 S 1400 W

595 N University Ave

642 N 200 E, Unit 206

532 N Seven Peaks Blvd

364 N Seven Peaks Blvd
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421 Belmont Pl

345 Belmont Pl

331 Belmont Pl

355 E 500 N

455 Belmont Pl

Conerstone Apartments

Mountain Vista

440 E 700 N
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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 | $1,193 | $999 | $1,350 |
| Franklin South 1 Bedroom Apartments | $1,182 | $365 | $1,550 |
| Franklin South 2 Bedroom Apartments | $1,554 | $495 | $2,599 |
| Franklin South 3 Bedroom Apartments | $1,498 | $565 | $1,795 |
| Franklin South 4 Bedroom Apartments | $610 | $600 | $620 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 2 mile radius of the Franklin South Neighborhood of Provo, UT.
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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 | Studio | Studio,1BA | $999 |
Best Value Apartments for Rent in Franklin South, UT
As of February 27, 2026 the best value apartment in the Franklin South area is the $0.56 price per square foot 3x2 Model at CollegePlace Provo in the in the University neighborhood starting from $715. 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 | 3x2 | 3BR,2BA | $0.56 |
| 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 | $1.36 |
| Sierra Ridge | 3X1 | 3BR,1BA | $1.46 |
| 272 W 400 N, Unit 107 | 272 W 400 N | 1BR,1.5BA | $1.31 |
| Sixty Three Center | Timpanogos | 2BR,2BA | $1.62 |
| The Station at Mill Race | A5 1x1 | 1BR,1BA | $2.04 |
| Blueridge | 1x1 | 1BR,1BA | $0.72 |
| 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 $1,300.
What is the price of a cheap apartment in Franklin South?
The cheapest apartment in Franklin South is Lookout Pointe which is listed at $1,025, while the average apartment in Franklin South costs $1,560.
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 $198 which is $1,362 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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.