
Cheap Apartments for Rent in the Franklin Neighborhood of Provo, UT from $300 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in the Franklin area of Provo.


695 N 100 E

355 E 500 N

Bountiful Court Apartments

355 E 500 N, Unit 2

142 W 1230 N St

421 Belmont Pl

432 N Seven Peaks Blvd

355 E 500 N, Unit 1

437 Belmont Pl
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.

532 N Seven Peaks Blvd

509 Belmont Pl

784 E 700 N

255 N 1600 W

104 W 1230 N St

345 Belmont Pl

389 Belmont Pl

1710 Hickory Ln

80 S 900 E St

338 N 100 W St
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.

421 S 300 W

190 S 500 W

150 N 100 E

Conerstone Apartments

609 N Seven Peaks Blvd

Summer Pointe (old)

Center Pointe

728 W 1720 N

University Park

108 W 1230 N St
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.

112 West Cougar Blvd

235 N 400 E

761 E 820 N

838 E 700 N

866 E 700 N

884 E 700 N

724 W 1720 N

346 S 600 E

Mountain Vista

855 400 S
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.

891 400 S

440 E 700 N

The Bay Apartments

Manor House

Harman House Studios

1668 S 450 W

350 S 900 E

25 E 900 N

511 N 100 W

Rebel Apartments
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

How much does it cost to rent an apartment in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Studio Apartments | $1,184 | $925 | $1,325 |
| Franklin 1 Bedroom Apartments | $1,188 | $350 | $1,805 |
| Franklin 2 Bedroom Apartments | $1,446 | $325 | $2,120 |
| Franklin 3 Bedroom Apartments | $1,711 | $540 | $2,500 |
| Franklin 4 Bedroom Apartments | $786 | $450 | $2,025 |
Browse Apartments in this Neighborhood
There are currently 50 rentals with your search options within a 2 mile radius of the Franklin Neighborhood of Provo, UT.
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Franklin, Provo, UT Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bountiful Court Apartments | Upgraded 6 Person 2x2 | 2BR,2BA | $420 |
| Summer Pointe (old) | SUMP 2BD/1BA | 2BR,1BA | $430 |
| Center Pointe | CP 2BD/1BA | 2BR,1BA | $430 |
| Glenwood | Upgraded w/ 2 Fridges | 3BR,2BA | $450 |
| Campus Edge | CE 2BD/1BA | 2BR,1BA | $455 |
| Liberty Square | Concord 4 | 2BR,1BA | $495 |
| University Park | 3x2 | 3BR,2BA | $495 |
| Alpine Village Student Housing | Shared Room Floorplan | 2BR,2BA | $509 |
| CollegePlace Provo | 4x2 | 4BR,2BA | $720 |
| Manor House | 0BR/1.0BA | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| CollegePlace Provo | 4x2 | 4BR,2BA | $0.49 |
| Glenwood | Upgraded w/ 2 Fridges | 3BR,2BA | $0.38 |
| Alpine Village Student Housing | End Cap | 4BR,2BA | $0.54 |
| The Village at South Campus | Plan A Womens | 4BR,2BA | $0.52 |
| Summer Pointe (old) | SUMP 2BD/1BA | 2BR,1BA | $0.44 |
| Campus Way | 3x2 | 3BR,2BA | $0.47 |
| Blueridge | 2x2 Balcony | 2BR,2BA | $0.49 |
| Liberty on Eighth | 3x2 | 3BR,2BA | $0.59 |
| Bountiful Court Apartments | Upgraded 6 Person 2x2 | 2BR,2BA | $0.63 |
| Campus Edge | CE 2BD/1BA | 2BR,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.
Read ArticleNavigating 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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleFranklin, Provo, UT
Ranked #11
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
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

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.

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.

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.

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.