Cheap Apartments for Rent in the Franklin South Neighborhood of Provo, UT from $300 (40 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Franklin South area of Provo.

property at 151 E 300 N

$399 - $449

Total Monthly Price

Total Monthly Price

Base Rent
$399 - $449

Total Monthly Price
$399 - $449

3 Bedroom, 2 Bath Condo for Rent

Available Aug 24

151 E 300 N

ProvoUT84606
property at 547 N 300 E

$525 - $600

Total Monthly Price

Total Monthly Price

Base Rent
$525 - $600

Total Monthly Price
$525 - $600

3 Bedroom, 3 Bath Condo for Rent

Available Now

547 N 300 E

ProvoUT84606
property at 885 E 350 N

$565 - $650

Total Monthly Price

Total Monthly Price

Base Rent
$565 - $650

Total Monthly Price
$565 - $650

4 Bedroom, 3 Bath Condo for Rent

Available Aug 24

885 E 350 N

ProvoUT84606

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.

property at 437 Belmont Pl

$590 - $605

1 Bedroom Rentals

Available Aug 21

437 Belmont Pl

ProvoUT84606

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.

property at 345 Belmont Pl

$590 - $690

1 Bedroom Rentals

Available Aug 21

345 Belmont Pl

ProvoUT84606

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.

property at 405 Belmont Pl

$600 - $640

1 Bedroom Rentals

Available Aug 21

405 Belmont Pl

ProvoUT84606
property at 331 Belmont Pl

$590 - $690

1 Bedroom Rentals

Available Aug 21

331 Belmont Pl

ProvoUT84606

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.

close
View Me
Mountain Vista
Studio to 1 Bedroom Apartments

Mountain Vista

1105 S State StProvo, UT 84606
close
View Me
440 E 700 N
Studio Apartments

440 E 700 N

440 E 700 NProvo, UT 84606

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Cheapest Available Franklin South Apartments for Rent

 

The cheapest available apartment rental in the Franklin South area of Provo, UT is a Studio unit found at Lookout Pointe priced from $999. Palladium has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,149. Here are the most affordable Franklin South apartments for rent in Provo, UT:

Apartment ListingModel NameBed/BathPriced From
Lookout PointeStudioStudio,1BA$999
Palladium1x11BR,1BA$1,149
400 ElementStudiosStudio,1BA$1,199
Ascent at Union Square1 Bedroom1BR,1BA$1,199
The Boulders1 Bedroom 577 sf1BR,1BA$1,250
134-138 S 300 W2 Beds, 1 Baths2BR,1BA$1,250
The Station at Mill Race1x1 ADA1BR,1BA$1,370
High Line SquareHL1.1.11BR,1BA$1,399
200 City ViewCambridge1BR,1BA$1,445
Liberty CenterAsh1BR,1BA$1,478

Best Value Apartments for Rent in Franklin South, UT

As of April 13, 2026 the best value apartment in the Franklin South area is the $0.54 price per square foot 4x2 Model at Fleur De Lis Apartments - Student Housing in the in the Carterville neighborhood starting from $650. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Fleur De Lis Apartments - Student Housing4x24BR,2BA$0.54
Slate Canyon3 Bedroom | 2 Bathroom3BR,2BA$1.36
Sierra Ridge3X13BR,1BA$1.46
134-138 S 300 W2 Beds, 1 Baths2BR,1BA$1.40
The Station at Mill RaceA5 1x11BR,1BA$1.90
200 City ViewCambridge1BR,1BA$2.02
High Line SquareHL1.1.21BR,1BA$2.19
400 ElementStudiosStudio ,1BA$1.98
Palladium1x11BR,1BA$1.92
Ascent at Union Square1 Bedroom1BR,1BA$2.09

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 $1,478.

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 $1,649.

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 $375 which is $1,274 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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.