Cheap Apartments for Rent in the Franklin Neighborhood of Provo, UT from $300 (50 Rentals)

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

property at 469 N 100 E
$325 - $395
2 Bedroom Rentals
Available Now
Affordability

469 N 100 E

ProvoUT84606
property at 355 E 500 N
$365 - $580
1 Bedroom Rentals
Available Now
Furnished

355 E 500 N

ProvoUT84606

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 80 S 900 E St
$925 - $1,095
Studio To 1 Bedroom Rentals
Available Now
Affordability

80 S 900 E St

ProvoUT84606

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Summer Pointe (old)
2 Bedroom Apartments

Summer Pointe (old)

620 N 100 WProvo, UT 84601
Student Housing
  • Utilities Included
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Center Pointe
2 Bedroom Apartments

Center Pointe

562 N 200 EProvo, UT 84606
Student Housing
  • Utilities Included
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University Park
3 Bedroom Apartments

University Park

225 E 700 NProvo, UT 84606
Student Housing

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Mountain Vista
Studio to 1 Bedroom Apartments

Mountain Vista

1105 S State StProvo, UT 84606

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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440 E 700 N
Studio Apartments

440 E 700 N

440 E 700 NProvo, UT 84606
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Manor House
Studio Apartments

Manor House

275 W 500 NProvo, UT 84601
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350 S 900 E
1 to 3 Bedroom Apartments

350 S 900 E

350 S 900 EProvo, UT 84606
  • Smoke Free
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25 E 900 N
2 Bedroom Apartments

25 E 900 N

25 E 900 NProvo, UT 84604
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511 N 100 W
1 Bedroom Apartments

511 N 100 W

511 N 100 WProvo, UT 84601

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.

Franklin, Provo, UT Local Guide

Cheapest Available Franklin Apartments for Rent

 

The cheapest available apartment rental in the Franklin area of Provo, UT is a 2 Beds unit found at Bountiful Court Apartments priced from $420. Summer Pointe (old) has the second lowest priced unit, which is a 2 Beds apartment currently listed from $430. Here are the most affordable Franklin apartments for rent in Provo, UT:

Apartment ListingModel NameBed/BathPriced From
Bountiful Court ApartmentsUpgraded 6 Person 2x22BR,2BA$420
Summer Pointe (old)SUMP 2BD/1BA2BR,1BA$430
Center PointeCP 2BD/1BA2BR,1BA$430
GlenwoodUpgraded w/ 2 Fridges3BR,2BA$450
Campus EdgeCE 2BD/1BA2BR,1BA$455
Liberty SquareConcord 42BR,1BA$495
University Park3x23BR,2BA$495
Alpine Village Student HousingShared Room Floorplan2BR,2BA$509
CollegePlace Provo4x24BR,2BA$720
Manor House0BR/1.0BAStudio,1BA$799

Best Value Apartments for Rent in Franklin, UT

As of September 13, 2026 the best value apartment in the Franklin area is the $0.49 price per square foot 4x2 Model at CollegePlace Provo in the in the University neighborhood starting from $720. The second greatest value Franklin apartment is the Upgraded w/ 2 Fridges Model at Glenwood starting at $450 with a $0.38 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 ListingModel NameBed/BathPrice Per Sq.Ft.
CollegePlace Provo4x24BR,2BA$0.49
GlenwoodUpgraded w/ 2 Fridges3BR,2BA$0.38
Alpine Village Student HousingEnd Cap4BR,2BA$0.54
The Village at South CampusPlan A Womens4BR,2BA$0.52
Summer Pointe (old)SUMP 2BD/1BA2BR,1BA$0.44
Campus Way3x23BR,2BA$0.47
Blueridge2x2 Balcony2BR,2BA$0.49
Liberty on Eighth3x23BR,2BA$0.59
Bountiful Court ApartmentsUpgraded 6 Person 2x22BR,2BA$0.63
Campus EdgeCE 2BD/1BA2BR,1BA$0.91

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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 Lifestyle
Franklin, Provo, UT

Ranked #11

Among cities in Utah for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Franklin Apartments

What is the Cheapest Studio apartment in Franklin?

Currently the most affordable Cheap Studio Apartment in Franklin is at Manor House listed at $799.

How much is rent for a Cheap One Bedroom Franklin Apartment?

The lowest price for a Cheap One Bedroom Franklin Apartment is $630 at Liberty Square.

What is the lowest price for a Cheap Two Bedroom Franklin Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Franklin is starting from $420 at Bountiful Court Apartments.

What is the most affordable Franklin Three Bedroom Apartment?

The best deal on a cheap Franklin Three Bedroom Apartment rental is at Glenwood and starts from $450.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.