Cheap Apartments for Rent in the Franklin Neighborhood of Provo, UT from $300 (33 Rentals)

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

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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property at 421 Belmont Pl

$590 - $625

1 Bedroom Rentals

Available Aug 21

421 Belmont Pl

ProvoUT84606

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 483 Belmont Pl

$590 - $800

1 Bedroom Rentals

Available Aug 21

483 Belmont Pl

ProvoUT84606
property at 437 Belmont Pl

$590 - $605

1 Bedroom Rentals

Available May 1

437 Belmont Pl

ProvoUT84606
property at 331 Belmont Pl

$590 - $690

1 Bedroom Rentals

Available Aug 21

331 Belmont Pl

ProvoUT84606
property at 345 Belmont Pl

$590 - $690

1 Bedroom Rentals

Available Aug 21

345 Belmont Pl

ProvoUT84606

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 405 Belmont Pl

$600 - $640

1 Bedroom Rentals

Available Aug 21

405 Belmont Pl

ProvoUT84606
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Mountain Vista
Studio to 1 Bedroom Apartments

Mountain Vista

1105 S State StProvo, UT 84606

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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440 E 700 N
Studio Apartments

440 E 700 N

440 E 700 NProvo, UT 84606
Showing Results 1-33, Page 1 of 1

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 1 Bed unit found at Palladium priced from $1,140. Cambridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,164. Here are the most affordable Franklin apartments for rent in Provo, UT:

Apartment ListingModel NameBed/BathPriced From
Palladium1x11BR,1BA$1,140
CambridgeKeystone1BR,1BA$1,164
Ascent at Union Square1 Bedroom1BR,1BA$1,199
400 ElementStudiosStudio,1BA$1,215
200 City ViewCambridge1BR,1BA$1,245
The Station at Mill RaceS1Studio,1BA$1,249
134-138 S 300 W2 Beds, 1 Baths2BR,1BA$1,250
The Boulders1 Bedroom 560 sf1BR,1BA$1,300
Sixty Three CenterCanyon2BR,2BA$1,399

Best Value Apartments for Rent in Franklin, UT

As of March 16, 2026 the best value apartment in the Franklin area is the $1.57 price per square foot HL2.2.2 Model at High Line Square in the in the University neighborhood starting from $1,725. The second greatest value Franklin apartment is the 3 Bedroom | 2 Bathroom Model at Slate Canyon starting at $1,499 with a $1.36 price per square foot in the North Park 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 SquareHL2.2.22BR,2BA$1.57
Slate Canyon3 Bedroom | 2 Bathroom3BR,2BA$1.36
Sierra Ridge3X13BR,1BA$1.46
1766 N 550 W, Unit 17661766 N 550 W2BR,2BA$1.26
134-138 S 300 W2 Beds, 1 Baths2BR,1BA$1.40
Sixty Three CenterTimpanogos2BR,2BA$1.62
200 City ViewTimpview1BR,1BA$2.09
400 ElementStudiosStudio ,1BA$2.00
Palladium1x11BR,1BA$1.90
Ascent at Union Square1 Bedroom1BR,1BA$2.09

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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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.

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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 #9

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 $1,399.

What is the price of a cheap apartment in Franklin?

The cheapest apartment in Franklin is Palladium which is listed at $1,140, while the average apartment in Franklin costs $1,560.

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 5 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 $193 which is $1,367 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 Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.