
Cheap Apartments for Rent in the Franklin South Neighborhood of Provo, UT from $300 (104 Rentals)
Search the lowest-cost Apartments available for rent right now in the Franklin South area of Provo.


355 E 500 N, Unit 1

355 E 500 N, Unit 3

355 E 500 N, Unit 1

355 E 500 N, Unit 3

355 E 500 N, Unit 3

355 E 500 N, Unit 4

355 E 500 N, Unit 3

355 E 500 N, Unit 1

Bountiful Court Apartments
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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.

355 E 500 N, Unit 2

355 E 500 N, Unit 2

355 E 500 N, Unit 2

355 E 500 N, Unit 2

562 N 200 E, Unit 1

280 N 900 W

1305 N Canyon Rd, Unit 1

580 N 100 E, Unit 1

839 400 S

364 N Seven Peaks Blvd
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.

855 E 700 N

342 600 W

1606 E 1350 S

642 W 1870 S

891 400 S

142 W 1230 N St

567 N University Ave, Unit 211

658 W 1920 S

129 N 1100 W St

129 N 1100 W St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

437 Belmont Pl

1303 Riverside Ave, Unit Apt 25

1303 Riverside Ave, Unit Apt 25

355 E 500 N, Unit 1

355 E 500 N, Unit 3

516 N 720 E

509 Belmont Pl

532 N Seven Peaks Blvd

129 N 1100 W St

104 W 1230 N St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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345 Belmont Pl

421 Belmont Pl

432 N Seven Peaks Blvd

355 E 500 N, Unit 2

389 Belmont Pl

613 N 1100 W St

1309 E 670 N

169 N 2400 W

483 Belmont Pl

1245 Riverside Ave, Unit Apt 39
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.
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 | $1,151 | $900 | $1,325 |
| Franklin South 1 Bedroom Apartments | $1,029 | $365 | $1,550 |
| Franklin South 2 Bedroom Apartments | $1,406 | $420 | $1,999 |
| Franklin South 3 Bedroom Apartments | $1,285 | $460 | $2,205 |
| Franklin South 4 Bedroom Apartments | $822 | $565 | $2,250 |
Browse Apartments in this Neighborhood
There are currently 104 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 4 Beds unit found at Alpine Village Student Housing priced from $610. 350 S 900 E has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Franklin South apartments for rent in Provo, UT:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Alpine Village Student Housing | 5th Floor Premium | 4BR,2BA | $610 |
| 350 S 900 E | 1/1 | 1BR,1BA | $950 |
| Lookout Pointe | Studio | Studio,1BA | $981 |
| Palladium | 1x1 | 1BR,1BA | $1,149 |
| 511 N 100 W | 1 Beds, 1 Baths | 1BR,1BA | $1,150 |
| Ascent at Union Square | Studio Renovated | 1BR,1BA | $1,225 |
| The Boulders | 1 Bedroom 577 sf | 1BR,1BA | $1,279 |
| 400 Element | 1 Bedroom | 1BR,1BA | $1,345 |
| 200 City View | Cambridge | 1BR,1BA | $1,470 |
| Slate Canyon | 3 Bedroom | 2 Bathroom | 3BR,2BA | $1,499 |
Best Value Apartments for Rent in Franklin South, UT
As of July 12, 2026 the best value apartment in the Franklin South area is the $1.30 price per square foot 1175 W 1200 N Model at 1175 W 1200 N in the in the Lake View North neighborhood starting from $1,625. The second greatest value Franklin South apartment is the 3 Bedroom | 2 Bathroom Model at Slate Canyon starting at $1,499 with a $1.36 price per square foot in the North Park 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. |
|---|---|---|---|
| 1175 W 1200 N | 1175 W 1200 N | 2BR,1BA | $1.30 |
| Slate Canyon | 3 Bedroom | 2 Bathroom | 3BR,2BA | $1.36 |
| Alpine Village Student Housing | End Cap | 4BR,2BA | $0.58 |
| The Village at South Campus | Plan A Mens | 4BR,2BA | $0.64 |
| Liberty on Eighth | 3x2 | 3BR,2BA | $0.58 |
| Sixty Three Center | Sundance | 2BR,1.5BA | $1.85 |
| 400 Element | 1 Bedroom | 1BR,1BA | $1.72 |
| 200 City View | Cambridge | 1BR,1BA | $2.05 |
| 511 N 100 W | 1 Beds, 1 Baths | 1BR,1BA | $1.63 |
| Palladium | 1x1 | 1BR,1BA | $1.92 |
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 $1,499.
What is the price of a cheap apartment in Franklin South?
The cheapest apartment in Franklin South is 350 S 900 E which is listed at $950, while the average apartment in Franklin South costs $1,556.
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 10 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 $369 which is $1,187 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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.