
Cheap Homes for Rent in the Franklin Neighborhood of Provo, UT from $300 (32 Rentals)
Search the lowest-cost Homes available for rent right now in the Franklin area of Provo.


151 E 300 N

785 E 820 N

280 N 900 W

839 400 S

1533 N 550 W

728 W 1720 N

342 600 W
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.

724 W 1720 N, Unit 202

718 W 1720 N, Unit 221

891 400 S

62 W 700 N, Unit 222

609 N Seven Peaks Blvd

108 W 1230 N St

129 N 1100 W St

129 N 1100 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.

1547 N Riverside Ave, Unit 54-C

1303 Riverside Ave

129 N 1100 W St

346 S 600 E

724 W 1720 N

866 E 700 N

843 E 620 N St

432 N Seven Peaks Blvd
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.

1710 Hickory Ln

855 400 S

17 N 1000 W

13 N 1000 W

841 400 S

457 E 100 S St, Unit 459

191 S 300 W, Unit 2

1414 Lancelot Dr
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.
Franklin, Provo, UT Local Guide

How much does it cost to rent a home in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin 2 Bedroom Homes for Rent | $1,368 | $530 | $1,900 |
| Franklin 3 Bedroom Homes for Rent | $1,464 | $400 | $2,200 |
| Franklin 4 Bedroom Homes for Rent | $1,591 | $450 | $2,995 |
| Franklin 5 Bedroom Homes for Rent | $2,256 | $595 | $2,900 |
Browse Homes for Rent in this Neighborhood
There are currently 32 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Glenwood | Upgraded w/ 2 Fridges | 3BR,2BA | $485 |
| Alpine Village Student Housing | 5th Floor Premium | 4BR,2BA | $610 |
| Harman House Studios | Harman House Studios - 2G | Studio,1BA | $925 |
| 350 S 900 E | 1/1 | 1BR,1BA | $950 |
| 511 N 100 W | 1 Beds, 1 Baths | 1BR,1BA | $1,000 |
| The Freehand | Standard Studio | Studio,1BA | $1,144 |
| 400 Element | Studios | Studio,1BA | $1,215 |
| Ascent at Union Square | Studio Renovated | Studio,1BA | $1,225 |
| Cambridge | Keystone | 1BR,1BA | $1,240 |
| The Boulders | 1 Bedroom 577 sf | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1175 W 1200 N | 1175 W 1200 N | 2BR,1BA | $1.30 |
| Glenwood | Upgraded w/ 2 Fridges | 3BR,2BA | $0.40 |
| High Line Square | HL2.2.1 | 2BR,2BA | $1.67 |
| Slate Canyon | 3 Bedroom | 2 Bathroom | 3BR,2BA | $1.36 |
| Alpine Village Student Housing | End Cap | 4BR,2BA | $0.58 |
| Sierra Ridge | 3X1 | 3BR,1BA | $1.46 |
| The Village at South Campus | Plan A Mens | 4BR,2BA | $0.62 |
| Liberty on Eighth | 3x2 | 3BR,2BA | $0.59 |
| Sixty Three Center | Sundance | 2BR,1.5BA | $1.85 |
| 511 N 100 W | 1 Beds, 1 Baths | 1BR,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.
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 #18
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 Franklin
What type of rentals are currently available in Franklin?
There are currently 236 Apartments for Rent in Franklin, UT with pricing that ranges from $420 to $3,145. There are also 101 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin ranging from $400 to $2,995.
What is the current price range for Rental Homes in Franklin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Franklin ranges from $400 to $2,995 with an average monthly rent of $1,501.
How much are larger Three and Four Bedroom Rentals in Franklin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Franklin range from $445 to $2,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $400 to $2,200. Four Bedroom Single-Family rentals are also available starting from $450 and Four Bedroom Apartments start at $509.
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.

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.

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.

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.