Cheap Apartments for Rent in the Franklin Neighborhood of Provo, UT from $300 (10 Rentals)

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

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Mountain Vista
Studio to 1 Bedroom Apartments

Mountain Vista

1105 S State StProvo, UT 84606
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440 E 700 N
Studio Apartments

440 E 700 N

440 E 700 NProvo, UT 84606

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 3 Beds unit found at Glenwood priced from $450. Campus Way has the second lowest priced unit, which is a 4 Beds apartment currently listed from $576. Here are the most affordable Franklin apartments for rent in Provo, UT:

Apartment ListingModel NameBed/BathPriced From
GlenwoodUpgraded w/ Pantry3BR,2BA$450
Campus WayUnit #1584BR,1BA$576
CollegePlace Woodland4X2 B4BR,2BA$680

Best Value Apartments for Rent in Franklin, UT

As of October 29, 2025 the best value apartment in the Franklin area is the $1.47 price per square foot HL2.3.1 Model at High Line Square in the in the University neighborhood starting from $2,599. The second greatest value Franklin apartment is the 5x3 Model at CollegePlace Provo starting at $680 with a $0.40 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.
High Line SquareHL2.3.12BR,3BA$1.47
CollegePlace Provo5x35BR,3BA$0.40
CollegePlace Woodland4x2 A Female4BR,2BA$0.53
GlenwoodUpgraded w/ 2 Fridges3BR,2BA$0.40
389 S State St, Unit 20389 S State St2BR,1.5BA$1.25
Alpine Village4 Private Rooms4BR,2BA$0.54
Sierra Ridge3X13BR,1BA$1.46
134-138 S 300 W2 Beds, 1 Baths2BR,1BA$1.40
577 North 100 West #204, Unit Shared room contract#1577 North 100 West #2042BR,2BA$0.59
Blueridge1x11BR,1BA$0.68

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Pet Friendly Lifestyle
Franklin, Provo, UT

Ranked #29

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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

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 $1,240.

What is the price of a cheap apartment in Franklin?

The cheapest apartment in Franklin is The Boulders which is listed at $1,083, while the average apartment in Franklin costs $1,665.

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 9 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 $254 which is $1,411 cheaper than the average rent for all rentals in Franklin.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.