Cheap Homes for Rent in Franklin South Neighborhood of Provo, UT from $300 (19 Rentals)

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Search the lowest-cost Homes 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

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 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

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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 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
134-138 S 300 W2 Beds, 1 Baths2BR,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 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$1.56
200 City ViewRock Canyon2BR,2BA$1.69
134-138 S 300 W2 Beds, 1 Baths2BR,1BA$1.40
The Station at Mill RaceA5 1x11BR,1BA$1.90
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 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

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.