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Apartments for Rent in Franklin, IN under $1000

32 Rentals Available
Apartments for Rent in Franklin, IN under $1000. 32 Rentals Available
  • A living room with a white couch, a coffee table, and a painting on the wall.
    13
    Today

    820 Hospital Rd, Franklin, IN 46131
    STUDIO Ask for Pricing
    1 BED $989+
  • a living room with a couch and a coffee table
    Today

    2018 Cedar Lane, Franklin, IN 46131
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • a living room with a fireplace and a table and chairs
    43
    Today

    8020 Madison Avenue, Indianapolis, IN 46227
    1 BED $975
  • A living room with a grey couch and a black television.
    7
    Today

    4423 Highway 31 E., Clarksville, IN 47129
    1 BED $899+
  • a living room with a brown couch and a glass coffee table
    28
    Today

    1039 Paz Drive North, Greenwood, IN 46142
    1 BED $975+
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  • the living room of an apartment with white walls and carpet
    55
    Today

    800 Kings Mill Road, Greenwood, IN 46142
    STUDIO $804+
    1 BED $839+
    2 BEDS $944+
  • A living room with a white couch, a coffee table, and a painting on the wall.
    47
    Today

    8026 Mcfarland Court, Indianapolis, IN 46227
    STUDIO $820+
    1 BED $999+
  • A kitchen with black cabinets and stainless steel appliances.
    81
    Today

    8201 Madison Ave, Indianapolis, IN 46227
    1 BED $909
    2 BEDS $999+
  • a living room with a couch and a mirror on the wall
    224
    1 day ago

    7302 Queen Anne Court, Indianapolis, IN 46227
    1 BED $728
    2 BEDS $975+
  • a living room with white walls and a staircase
    5
    Today

    415 W. Taylor Street, Shelbyville, IN 46176
    Income Restricted
    1 BED $549+
    2 BEDS $656+
    3 BEDS Ask for Pricing
  • a living room with orange chairs and a large window
    Today

    111 North Harrison St, Shelbyville, IN 46176
    Income Restricted
    2 BEDS $997
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  • A living room with a white couch, a coffee table, and a painting on the wall.
    87
    Today

    2760 Cherry Glen Way, Indianapolis, IN 46227
    STUDIO $799
    1 BED $899+
  • A living room with a white couch, a coffee table, and a painting on the wall.
    72
    Today

    3714 Bartlett Ave, Indianapolis, IN 46227
    STUDIO $849
    1 BED $965
  • A living room with a black couch and a red chair.
    186
    Today

    4955 Red Horizon Blvd, Indianapolis, IN 46221
    1 BED $925
  • A living room with a white couch, a coffee table, and a painting on the wall.
    10
    Today

    2230 Applegate Dr., Columbus, IN 47203
    STUDIO Ask for Pricing
    1 BED $979+
  • A living room with a white couch, a coffee table, and a painting on the wall.
    38
    Today

    7980 Dunston Drive, Indianapolis, IN 46239
    STUDIO $749
    1 BED $989+
2-14-city
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Getting around in Franklin, IN

24 /100
Car-Dependent
33 /100
Somewhat Bikeable
Walk Score®: 24, Bike Score®: 33

Frequently asked questions

When were prices and availability in Franklin, IN last updated?

Prices and availability in Franklin, IN were last updated on 25 Nov 2025.

What are the best apartments in Franklin, IN?

The best apartments in Franklin, IN are: Meadowood, 1177 SUNKISS CT FRANKLIN, IN 46131, 1541 Younce St Franklin, IN 46131, 4217 Fairoaks Drive Franklin, IN 46131 and 1050 Oak Leaf Road Franklin, IN 46131.

What type of rental buildings are in Franklin, IN?

In Franklin 34% of the housing is rented out compared to 66% of homes are owned, according to the most recent Census Bureau estimates. 6% of Franklin’s apartments are found in large buildings of 50 units or more, 48% are located in smaller apartment complexes with less than 50 units, and 42% are single-family rentals.

Renting apartments in Franklin, IN under $1,000

Searching for apartments for rent in Franklin, IN under $1,000 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Franklin, IN, where the average rent is $1,014 per month, there are 32 units available for less than $1,000. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $1,000” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Franklin, IN. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Franklin, IN going for $549 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!