Apartments for Rent in Franklin, IN under $1500
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2 bd $1,395Total monthly cost1600 Traditions Court, Franklin, IN 46131Apply online • Pet friendly • Air conditioner
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1 bd $1,0992 bd $1,2493 bd $1,449Base rent722 IN 144, Franklin, IN 46131Pet friendly • Air conditioner • Washer/Dryer
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Ask for pricing820 Hospital Rd, Franklin, IN 46131Pet friendly • In unit laundry • Dishwasher
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Ask for pricingIncome restricted2018 Cedar Lane, Franklin, IN 46131Pet friendly • Parking • Patio/Balcony
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More Rentals Near Franklin, IN
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1 bd $9002 bd $975+Base rent4.0 (5)8020 Madison Avenue, Indianapolis, IN 46227Apply online • Pet friendly • In unit laundry
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1 bd $1,025Base rent4423 Highway 31 E., Clarksville, IN 47129Apply online • Pet friendly • Pool
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1 bd $1,355+Base rent4.0 (1)450 Allure Circle, Whiteland, IN 46184Apply online • Pet friendly • Dishwasher
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1 bd $1,265+2 bd $1,325+Base rent4.5 (55)1630 Saddle Lane, Greenwood, IN 46143Apply online • Pet friendly • Fitness center
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1 bd $1,153+2 bd $1,275+Base rent4.0 (35)700 Bexley Pl, Greenwood, IN 46143Apply online • Pet friendly • Parking
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1 bd $1,350+Base rent4.5 (28)1180 Emerald Lakes Drive, Greenwood, IN 46143Apply online • Pet friendly • Parking
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1 bd $1,079+2 bd $1,327+Base rent4.5 (18)902 Wallington Circle, Greenwood, IN 46143Apply online • Pet friendly • Parking
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1 bd $1,240+2 bd $1,375+Base rent4.5 (41)8940 Latitudes Drive, Indianapolis, IN 46237Apply online • Pet friendly • Parking
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1 bd $993+2 bd $1,164+Base rent4.5 (111)1039 Paz Drive North, Greenwood, IN 46142Apply online • Pet friendly • Fitness center
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Studio $817+1 bd $857+2 bd $966+Base rent4.5 (32)800 Kings Mill Road, Greenwood, IN 46142Apply online • Pet friendly • Fitness center
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Studio $819+1 bd $1,019+Base rent8026 Mcfarland Court, Indianapolis, IN 46227Apply online • Pet friendly • In unit laundry
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1 bd $749+2 bd $1,1493 bd $1,149+Base rent5.0 (2)8213 Zona Drive, Indianapolis, IN 46227Apply online • Pet friendly • Dishwasher
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1 bd $1,420+Base rent2755 Red Bloom Dr, Greenwood, IN 46143Apply online • Pet friendly • Fitness center
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1 bd $1,250+2 bd $1,450+Base rent4.0 (29)7213 Sundance Drive, Indianapolis, IN 46237Apply online • Pet friendly • Parking
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1 bd $1,280+2 bd $1,430+Base rent5.0 (14)7251 Windsor Lakes Drive, Indianapolis, IN 46237Apply online • Pet friendly • Fitness center
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1 bd $7682 bd $1,050+Base rent3.5 (13)7302 Queen Anne Court, Indianapolis, IN 46227Apply online • Pet friendly • Parking
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1 bd $538+Total monthly cost Income restricted4.5 (14)415 W. Taylor Street, Shelbyville, IN 46176Pet friendly • Fitness center • Dishwasher
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1 bd $1,038+2 bd $747+Total monthly cost Income restricted3.5 (17)111 North Harrison St, Shelbyville, IN 46176Pet friendly • Parking • Dishwasher
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1 bd $925+2 bd $1,014+3 bd $1,177+Base rent4.0 (77)147 Diplomat Court, Beech Grove, IN 46107Apply online • Pet friendly • Fitness center
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Studio $809+1 bd $1,135+Base rent2760 Cherry Glen Way, Indianapolis, IN 46227Apply online • Pet friendly • In unit laundry
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Studio $759+1 bd $9192 bd $1,149Base rent3714 Bartlett Ave, Indianapolis, IN 46227Apply online • Pet friendly • In unit laundry
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Frequently asked questions
When were prices and availability in Franklin, IN last updated?
Prices and availability in Franklin, IN were last updated on 5 Aug 2026.
What are the best apartments in Franklin, IN?
The best apartments in Franklin, IN are: Brixin Franklin, Stonebrook of Franklin, Meadowood, 592 Hannah Place Franklin, IN 46131 and 4007 Magnolia Drive Franklin, IN 46131.
What type of rental buildings are in Franklin, IN?
In Franklin, 34% of the residents are renting compared to 66% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 6% of Franklin's rentals, 48% are small-scale complexes with under 50 units, and 42% are single-family rentals.
Your search for apartments in Franklin, IN under $1,500 stops here
Finding apartments for rent in Franklin, IN for less than $1,500 has never been so easy! At RentCafe nice cheap apartments are just one click away. There are currently 91 available units in Franklin, IN, renting for under $1,500. On average, $1,323 can get you 951 Sqft in this area. Be sure to search for the apartment that is best for you. Under “More”, check the amenities that you consider a must-have, and don’t forget to look at the pet policy. Fitness enthusiasts can even check the Fitness Center box. Whether you are looking for studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, you are sure to find one that will make you want to move in right away.
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Having to compromise on either price or location can turn your “apartments near me under $1,500” search into a nightmare. At RentCafe we recognize the importance of both. Therefore, we offer a variety of filters that can help you find exactly what you want. Sorting the results by rent, ascending, will make the cheapest units show up first on the list. Try it out! You will find that right now the cheapest apartment under $1,500 in Franklin, IN goes for $538 per month. If some of the results are outside the area of your choice, you can go to the left side of the screen and draw a radius or a polygon around your location. Now you will only see results that are relevant to you.