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Cheap Apartments for Rent in the Franklin Neighborhood of Provo, UT from $300 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Franklin area of Provo.
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355 E 500 N
ProvoUT84606
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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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$5004 Bedroom Apartment Available Jan 1, 2026
502 W 1720 N, Unit 502 west 1720 north
502 W 1720 NProvo, UT 84604
331 Belmont Pl
ProvoUT84606
1169 N 800 W St
ProvoUT84604
345 Belmont Pl
ProvoUT84606
364 N Seven Peaks Blvd
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.
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1337 S 1400 W
ProvoUT84601
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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.
Showing Results 1-18, Page 1 of 1
Franklin, Provo, UT Local Guide
How much does it cost to rent an apartment in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Studio Apartments | $1,233 | $895 | $1,500 |
| Franklin 1 Bedroom Apartments | $1,157 | $365 | $1,678 |
| Franklin 2 Bedroom Apartments | $1,661 | $1,250 | $2,599 |
| Franklin 3 Bedroom Apartments | $1,417 | $620 | $1,782 |
| Franklin 4 Bedroom Apartments | $791 | $500 | $1,975 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Franklin Neighborhood of Provo, UT.
See all Apartments in ProvoExplore Provo
Franklin, Provo, UT Local Guide
- Nearby Provo neighborhoods
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Cheapest Available Franklin Apartments for Rent
The cheapest available apartment rental in the Franklin area of Provo, UT is a 3 Beds unit found at Glenwood priced from $450. Alpine Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $550. Here are the most affordable Franklin apartments for rent in Provo, UT:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Glenwood | Upgraded w/ Pantry | 3BR,2BA | $450 |
| Alpine Village | Shared Room Floorplan | 2BR,2BA | $550 |
| Campus Way | Unit #158 | 4BR,1BA | $576 |
| CollegePlace Woodland | 4X2 B | 4BR,2BA | $680 |
| Sixty Three Center | Velour | 1BR,1BA | $1,195 |
Best Value Apartments for Rent in Franklin, UT
As of December 14, 2025 the best value apartment in the Franklin area is the $0.40 price per square foot 5x3 Model at CollegePlace Provo in the in the University neighborhood starting from $680. The second greatest value Franklin apartment is the 4x2 A Female Model at CollegePlace Woodland starting at $670 with a $0.53 price per square foot in the University neighborhood. Here is today’s list of the best values for Franklin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| CollegePlace Provo | 5x3 | 5BR,3BA | $0.40 |
| CollegePlace Woodland | 4x2 A Female | 4BR,2BA | $0.53 |
| Glenwood | Upgraded w/ 2 Fridges | 3BR,2BA | $0.40 |
| Slate Canyon | 3 Bedroom | 2 Bathroom | 3BR,2BA | $1.50 |
| Alpine Village | End Cap | 4BR,2BA | $0.58 |
| Sierra Ridge | 3X1 | 3BR,1BA | $1.46 |
| 400 Element | 1 Bedroom | 1BR,1BA | $1.70 |
| 200 City View | Cambridge | 1BR,1BA | $1.67 |
| Blueridge | 1x1 | 1BR,1BA | $0.68 |
| Palladium | 1x1 | 1BR,1BA | $2.00 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Pet Friendly LifestyleFranklin, Provo, UT
Ranked #13
Among cities in Utah for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Franklin, Provo, UT
School data provided by Great Schools
Getting Around the Franklin Neighborhood in Provo, UT
Walk Score®
64 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
61 / 100
Bikeable
Some bike infrastructure
Transit Score®
38 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Franklin Apartments
What is a cheap apartment in Franklin?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Franklin is under $1,249.
What is the price of a cheap apartment in Franklin?
The cheapest apartment in Franklin is Sixty Three Center which is listed at $1,195, while the average apartment in Franklin costs $1,620.
What types of apartments are the cheapest in Franklin?
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 7 regular apartments in Franklin 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?
Cheap apartments in Franklin have an average cost of $300 which is $1,320 cheaper than the average rent for all rentals in Franklin.
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
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.