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Apartments for Rent in Franklin, IN under $1500
71 Rentals Available

  • 15
    Top Rated for Staff
    a kitchen with a table and a refrigerator at Stonebrook of Franklin, Franklin, IN, 46131 a bedroom with a bed and two windows at Stonebrook of Franklin, Franklin, 46131
    4.0
    Today

    722 In-144, Franklin, IN 46131
    2 Units available
    1 BED Ask for Pricing
    2 BEDS $1,249
    3 BEDS Ask for Pricing
    a kitchen with a table and a refrigerator at Stonebrook of Franklin, Franklin, IN, 46131 a bedroom with a bed and two windows at Stonebrook of Franklin, Franklin, 46131 a fenced in dog park in front of a brick building at Stonebrook of Franklin, Franklin, IN, 46131 a white kitchen with white cabinets and black appliances and a window at Stonebrook of Franklin, Franklin, IN, 46131
    Property reviews
    5/5 David R. on Aug 5, 2024

    Management has gone above and beyond to knock this place out of the park , great , easy to get along with, and caring and understanding. Maint works around the clock and fixing everything that may come up in a matter of hrs instead of days. Very peaceful and quaint .

    5/5 David R. on Aug 5, 2024

    The management is top notch and go above and beyond for your needs , quite and peace place to live , and maint well they work there butts off getting the jobs done same as management.

  • Today

    1600 Traditions Court, Franklin, IN 46131
    2 BEDS $1,250+
    3 BEDS $1,499+
  • 9
    Today

    820 Hospital Rd, Franklin, IN 46131
    STUDIO $900
    1 BED $1,049+
    2 BEDS Ask for Pricing
  • Today

    2018 Cedar Lane, Franklin, IN 46131
    Income Restricted
    1 BED Call for pricing
    2 BEDS Call for pricing
  • 7
    Today

    4423 Highway 31 E., Clarksville, IN 47129
    1 BED $1,017+
  • 15
    Today

    722 In-144, Franklin, IN 46131
    1 BED Ask for Pricing
    2 BEDS $1,249
    3 BEDS Ask for Pricing
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  • 23
    Today

    1630 Saddle Lane, Greenwood, IN 46143
    1 BED $1,179+
    2 BEDS $1,275+
  • 24
    1 day ago

    1180 Emerald Lakes Drive, Greenwood, IN 46143
    1 BED $1,260+
    2 BEDS $1,490+
  • 12
    Today

    902 Wallington Circle, Greenwood, IN 46143
    1 BED $1,138+
    2 BEDS $1,479+
  • 10
    Today

    1786 Honey Ln, Greenwood, IN 46143
    2 BEDS $1,349
  • Today

    1140 Emerson Pointe Dr, Greenwood, IN 46143
    1 BED $1,430+
  • 68
    Today

    8940 Latitudes Drive, Indianapolis, IN 46237
    1 BED $1,216+
    2 BEDS $1,328+
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  • 25
    Today

    1039 Paz Drive North, Greenwood, IN 46142
    1 BED $979+
    2 BEDS $1,035+
    3 BEDS $1,299+
  • 52
    Today

    800 Kings Mill Road, Greenwood, IN 46142
    STUDIO $812+
    1 BED $829+
    2 BEDS $941+
  • 46
    Today

    8026 Mcfarland Court, Indianapolis, IN 46227
    STUDIO $834+
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • 74
    Today

    8201 Madison Ave, Indianapolis, IN 46227
    1 BED $925
    2 BEDS $1,125
    3 BEDS $1,445+
  • 23
    Today

    8020 Madison Avenue, Indianapolis, IN 46227
    1 BED $975
    2 BEDS $1,025+
  • 5
    Today

    2755 Red Bloom Dr, Greenwood, IN 46143
    1 BED $1,395+
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  • 77
    Today

    7213 Sundance Drive, Indianapolis, IN 46237
    1 BED $1,238+
    2 BEDS $1,371+
  • 43
    Today

    7251 Windsor Lakes Drive, Indianapolis, IN 46237
    1 BED $1,230+
    2 BEDS $1,410+
  • 216
    Today

    7302 Queen Anne Court, Indianapolis, IN 46227
    1 BED $728
    2 BEDS $975+
  • 5
    5 days ago

    415 W. Taylor Street, Shelbyville, IN 46176
    Income Restricted
    1 BED $549+
    2 BEDS $656+
    3 BEDS Ask for Pricing
  • 5 days ago

    111 North Harrison St, Shelbyville, IN 46176
    Income Restricted
    1 BED $622+
    2 BEDS $747+
  • 83
    Today

    2760 Cherry Glen Way, Indianapolis, IN 46227
    STUDIO $839+
    1 BED $964+
    2 BEDS $1,165
  • 77
    Today

    4259 Burkhart Drive, Indianapolis, IN 46227
    1 BED $870+
    2 BEDS $950+
    3 BEDS Ask for Pricing
4-21-city
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Popular searches Average rent Renters guide Demographics

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 20 Jun 2025.

What are the best apartments in Franklin, IN?

The best apartments in Franklin, IN are: Stonebrook of Franklin, Brixin Franklin, Meadowood, 807 Brookshire Drive Franklin, IN 46131 and 1078 Millstone Ct 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.

Search for apartments in Franklin, IN under $1,500

There’s more than one way to spend $1,500 on rent in Franklin, IN, so the first step is to start thinking about what you really want from your new home. Be mindful of what makes you tick. Look for 2 bedroom apartments for rent for less than $1,500 if you want to share your living space and don’t mind being further away from the city center. Search for 3 bedroom apartments if you’re moving in with family or planning to share part of your life and living expenses with more friends. If city bustle is what you live for, you might want to search for a studio or 1 bedroom apartment closer to the city center.

The perfect $1,500 rental near you

Don’t dismiss the idea of a studio just because it sounds small and featureless: studios come in many shapes and sizes, and it only takes a few strikes of creativity to go from drab to lively. If an all-in-one-room apartment spells total lack of privacy for you, have a look at the 1 bedroom apartments for rent in Franklin, IN. Customize your search by using more RentCafe filters. Decide what amenities you can’t live without and focus your search on the apartments that offer them. Are you bringing in a pet? Narrow your options to pet-friendly apartments for rent. Want more windows so that natural light floods your home? Hardwood floors or plush carpet in the living area? There are 25 apartments for rent below $1,500 in Franklin, IN for every taste. Decide what you need, stay focused, and you’re bound to find your perfect apartment in no time.

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