
Cheap Homes for Rent in Franklin South Neighborhood of Provo, UT from $300 (19 Rentals)
Search the lowest-cost Homes available for rent right now in the Franklin South area of Provo.


355 E 500 N, Unit 3

355 E 500 N, Unit 1

151 E 300 N

534 N 500 E

355 E 500 N, Unit 2
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.

547 E 200 N

112 W 1230 N St

761 E 820 N

284 E 600 N, Unit 11

547 N 300 E

885 E 350 N
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.

355 E 500 N, Unit 1

346 S 600 E

577 N 100 W St, Unit 103

591 N University Ave, Unit 116, Unit 116

1155 Independence Ave

355 E 500 N, Unit 2
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.

440 N 800 W St
Franklin South, Provo, UT Local Guide

How much does it cost to rent a home in Franklin South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin South 2 Bedroom Homes for Rent | $1,282 | $300 | $1,795 |
| Franklin South 3 Bedroom Homes for Rent | $1,269 | $399 | $2,800 |
| Franklin South 4 Bedroom Homes for Rent | $1,453 | $565 | $2,995 |
| Franklin South 5 Bedroom Homes for Rent | $2,895 | $2,895 | $2,895 |
| Franklin South 6 Bedroom Homes for Rent | $2,525 | $2,525 | $2,525 |
Browse Homes for Rent in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Franklin South Neighborhood of Provo, UT.
Explore Provo
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lookout Pointe | Studio | Studio,1BA | $999 |
| Palladium | 1x1 | 1BR,1BA | $1,149 |
| 400 Element | Studios | Studio,1BA | $1,199 |
| Ascent at Union Square | 1 Bedroom | 1BR,1BA | $1,199 |
| 134-138 S 300 W | 2 Beds, 1 Baths | 2BR,1BA | $1,250 |
Best Value Apartments for Rent in Franklin South, UT
As of April 16, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fleur De Lis Apartments - Student Housing | 4x2 | 4BR,2BA | $0.54 |
| Slate Canyon | 3 Bedroom | 2 Bathroom | 3BR,2BA | $1.36 |
| Sierra Ridge | 3X1 | 3BR,1BA | $1.56 |
| 200 City View | Rock Canyon | 2BR,2BA | $1.69 |
| 134-138 S 300 W | 2 Beds, 1 Baths | 2BR,1BA | $1.40 |
| The Station at Mill Race | A5 1x1 | 1BR,1BA | $1.90 |
| High Line Square | HL1.1.2 | 1BR,1BA | $2.19 |
| 400 Element | Studios | Studio ,1BA | $1.98 |
| Palladium | 1x1 | 1BR,1BA | $1.92 |
| Ascent at Union Square | 1 Bedroom | 1BR,1BA | $2.09 |
Frequently Asked Questions about Franklin South
What type of rentals are currently available in Franklin South?
There are currently 236 Apartments for Rent in Franklin South, UT with pricing that ranges from $365 to $1,910. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin South ranging from $300 to $2,995.
What is the current price range for Rental Homes in Franklin South?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Franklin South ranges from $300 to $2,995 with an average monthly rent of $1,703.
How much are larger Three and Four Bedroom Rentals in Franklin South?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Franklin South range from $565 to $1,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $399 to $2,800. Four Bedroom Single-Family rentals are also available starting from $565 and Four Bedroom Apartments start at $600.
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

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.

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.