Cheap Apartments for Rent in the Franklin South Neighborhood of Provo, UT from $300 (83 Rentals)

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

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.

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property at 1080 E 450 N

$369

Total Monthly Price

Total Monthly Price

Base Rent
$369
Total Monthly Price
$369

3 Bedroom, 2 Bath Condo for Rent

Available Aug 24

1080 E 450 N

ProvoUT84606
property at 659 N 700 E

$489

Total Monthly Price

Total Monthly Price

Base Rent
$489
Total Monthly Price
$489

2 Bedroom, 2 Bath Condo for Rent

Available Aug 24

659 N 700 E

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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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property at 437 Belmont Pl

$590 - $605

1 Bedroom Rentals

Available Aug 21

437 Belmont Pl

ProvoUT84606

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 162 N 400 W

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

1 Bedroom, 1 Bath Condo for Rent

Available Jun 1

162 N 400 W, Unit Daniels Square # 9

162 N 400 W
ProvoUT84601
property at 334 W 200 N

$1,065 - $1,165

Studio To 1 Bedroom Rentals

Available Now

334 W 200 N

ProvoUT84601
property at 80 S 900 E St

$1,095

1 To 2 Bedroom Rentals

Available Jun 1

80 S 900 E St

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.

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Showing Results 1-50, Page 1 of 2

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 $595. 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 ListingModel NameBed/BathPriced From
Alpine Village Student Housing5th Floor Premium4BR,2BA$595
350 S 900 E1/11BR,1BA$950
Palladium1x11BR,1BA$1,149
Ascent at Union Square1 Bedroom1BR,1BA$1,149
The Station at Mill RaceS1Studio,1BA$1,173
400 ElementStudiosStudio,1BA$1,199
High Line SquareHLS.4Studio,1BA$1,225
134-138 S 300 W2 Beds, 1 Baths2BR,1BA$1,250
The Boulders1 Bedroom 577 sf1BR,1BA$1,279
Sixty Three CenterCanyon2BR,2BA$1,399

Best Value Apartments for Rent in Franklin South, UT

As of May 28, 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 End Cap Model at Alpine Village Student Housing starting at $625 with a $0.57 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Fleur De Lis Apartments - Student Housing4x24BR,2BA$0.54
Alpine Village Student HousingEnd Cap4BR,2BA$0.57
Slate Canyon3 Bedroom | 2 Bathroom3BR,2BA$1.36
Sierra Ridge3X13BR,1BA$1.46
The Village at South CampusPlan A Mens4BR,2BA$0.65
Liberty on Eighth3x23BR,2BA$0.58
134-138 S 300 W2 Beds, 1 Baths2BR,1BA$1.40
Sixty Three CenterCanyon2BR,2BA$1.58
Bountiful Court ApartmentsFall/Winter2BR,1BA$0.62
Palladium1x11BR,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 $1,399.

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 $1,609.

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 13 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 $470 which is $1,139 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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.

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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.