Cheap Apartments for Rent in the Franklin Neighborhood of Provo, UT from $300 (87 Rentals)

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

property at 718 W 1720 N

$515

Total Monthly Price

Total Monthly Price

Base Rent
$515
Total Monthly Price
$515

4 Bedroom, 4 Bath Condo for Rent

Available Aug 24

718 W 1720 N, Unit 221

718 W 1720 N
ProvoUT84604
property at 724 W 1720 N

$515

Total Monthly Price

Total Monthly Price

Base Rent
$515
Total Monthly Price
$515

4 Bedroom, 4 Bath Condo for Rent

Available Now

724 W 1720 N, Unit 202

724 W 1720 N
ProvoUT84604

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.

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property at 62 W 700 N

$525

Total Monthly Price

Total Monthly Price

Base Rent
$525
Total Monthly Price
$525

3 Bedroom, 3 Bath Condo for Rent

Available Aug 24

62 W 700 N, Unit 222

62 W 700 N
ProvoUT84601
property at 1731 N 450 W

$525

5 Bedroom Rentals

Available Aug 1

1731 N 450 W

ProvoUT84604

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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property at 421 Belmont Pl

$590 - $625

1 Bedroom Rentals

Available Aug 21

421 Belmont Pl

ProvoUT84606
property at 17 N 1000 W

$790

Total Monthly Price

Total Monthly Price

Base Rent
$790
Total Monthly Price
$790

4 Bedroom, 5 Bath Townhome for Rent

Available Aug 15

17 N 1000 W

ProvoUT84601
property at 13 N 1000 W

$790

Total Monthly Price

Total Monthly Price

Base Rent
$790
Total Monthly Price
$790

4 Bedroom, 5 Bath Townhome for Rent

Available Aug 15

13 N 1000 W

ProvoUT84601

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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property at 577 400 S

$900 - $1,250

1 To 2 Bedroom Rentals

Available Aug 1

577 400 S

ProvoUT84606
property at 80 S 900 E St

$995 - $1,095

Studio To 1 Bedroom Rentals

Available Aug 3

80 S 900 E St

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.

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property at 672 N 500 W

$1,195 - $1,295

1 Bedroom Rentals

Available Aug 17

672 N 500 W

ProvoUT84601
property at 650 N 500 W

$1,095 - $1,195

1 Bedroom Rentals

Available Aug 17

650 N 500 W

ProvoUT84601

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.

Read Article
Showing Results 1-50, Page 1 of 2

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 $485. Alpine Village Student Housing has the second lowest priced unit, which is a 4 Beds apartment currently listed from $610. Here are the most affordable Franklin apartments for rent in Provo, UT:

Apartment ListingModel NameBed/BathPriced From
GlenwoodUpgraded w/ 2 Fridges3BR,2BA$485
Alpine Village Student Housing5th Floor Premium4BR,2BA$610
Harman House StudiosHarman House Studios - 2GStudio,1BA$925
350 S 900 E1/11BR,1BA$950
511 N 100 W1 Beds, 1 Baths1BR,1BA$1,000
The FreehandStandard StudioStudio,1BA$1,144
400 ElementStudiosStudio,1BA$1,215
Ascent at Union SquareStudio RenovatedStudio,1BA$1,225
CambridgeKeystone1BR,1BA$1,240
The Boulders1 Bedroom 577 sf1BR,1BA$1,306

Best Value Apartments for Rent in Franklin, UT

As of July 30, 2026 the best value apartment in the Franklin area is the $1.30 price per square foot 1175 W 1200 N Model at 1175 W 1200 N in the in the Lake View North neighborhood starting from $1,625. The second greatest value Franklin apartment is the Upgraded w/ 2 Fridges Model at Glenwood starting at $485 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.
1175 W 1200 N1175 W 1200 N2BR,1BA$1.30
GlenwoodUpgraded w/ 2 Fridges3BR,2BA$0.40
High Line SquareHL2.2.12BR,2BA$1.67
Slate Canyon3 Bedroom | 2 Bathroom3BR,2BA$1.36
Alpine Village Student HousingEnd Cap4BR,2BA$0.58
Sierra Ridge3X13BR,1BA$1.46
The Village at South CampusPlan A Mens4BR,2BA$0.62
Liberty on Eighth3x23BR,2BA$0.59
Sixty Three CenterSundance2BR,1.5BA$1.85
511 N 100 W1 Beds, 1 Baths1BR,1BA$1.75

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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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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Pet Friendly Lifestyle
Franklin, Provo, UT

Ranked #18

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Franklin, Provo, UT

School data provided by Great Schools

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 $1,306.

What is the price of a cheap apartment in Franklin?

The cheapest apartment in Franklin is 350 S 900 E which is listed at $950, while the average apartment in Franklin costs $1,617.

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 14 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 $287 which is $1,330 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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.