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Cheap Apartments for Rent in Franklin, IN

72 Rentals Available
Apartments Under $600 Apartments Under $800 Apartments Under $900 Apartments Under $1,000 Apartments Under $1,100

Apartments Under $600

  • 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

Apartments Under $800

  • a living room with a couch and a table and a pool table
    31
    Today

    1430 & 1420 Madison Ave., Indianapolis, IN 46225
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • the living room of an apartment with white walls and carpet
    55
    Today

    800 Kings Mill Road, Greenwood, IN 46142
    STUDIO $777+
    1 BED $837+
    2 BEDS $950+
  • 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+
    2 BEDS Ask for Pricing

Apartments Under $900

  • A living room with a white couch, a coffee table, and a painting on the wall.
    47
    1 day ago

    8026 Mcfarland Court, Indianapolis, IN 46227
    STUDIO $820+
    1 BED $999+
    2 BEDS Ask for Pricing
  • a living room with orange chairs and a large window
    Today

    111 North Harrison St, Shelbyville, IN 46176
    Income Restricted
    1 BED $830+
    2 BEDS $997
  • A living room with a white couch, a coffee table, and a painting on the wall.
    72
    1 day ago

    3714 Bartlett Ave, Indianapolis, IN 46227
    STUDIO $849
    1 BED $999+
    2 BEDS Ask for Pricing

Apartments Under $1,000

  • A living room with a black couch and a red chair.
    184
    Today

    4955 Red Horizon Blvd, Indianapolis, IN 46221
    1 BED $925
    2 BEDS $1,105
    3 BEDS $1,275+
  • a living room with a fireplace and a table and chairs
    43
    Today

    8020 Madison Avenue, Indianapolis, IN 46227
    1 BED $975
    2 BEDS $1,100
  • a living room with a brown couch and a glass coffee table
    28
    Today

    1039 Paz Drive North, Greenwood, IN 46142
    1 BED $976+
    2 BEDS $1,028+
    3 BEDS Ask for Pricing
  • A living room with a white couch, a coffee table, and a painting on the wall.
    10
    1 day ago

    2230 Applegate Dr., Columbus, IN 47203
    STUDIO Ask for Pricing
    1 BED $979+
    2 BEDS Ask for Pricing
  • A living room with a white couch, a coffee table, and a painting on the wall.
    13
    1 day ago

    820 Hospital Rd, Franklin, IN 46131
    STUDIO Ask for Pricing
    1 BED $989+
    2 BEDS $1,139
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Apartments Under $1,100

  • a kitchen with granite counter tops and stainless steel appliances
    8
    Today

    2350 Thornybrook Drive, Columbus, IN 47203
    Income Restricted
    1 BED $1,025+
    2 BEDS $1,174+
    3 BEDS $1,346+
  • a living room with a brown couch and a blue rug
    74
    Today

    4010 Mann Village Rd, Indianapolis, IN 46221
    Income Restricted
    1 BED $1,049+
    2 BEDS $1,199+
1-13-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

What is the price of a cheap apartment in Franklin, IN?

The price range of a cheap apartment is between $1,139 and $1,149.

What are the advantages of renting a cheap apartment in Franklin, IN?

Cheap apartments in Franklin, IN are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Franklin, IN?

A cheap apartment in Franklin, IN offers little storage space and fewer amenities compared to other apartments.

Look for cheap apartments near me

Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RentCafe, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Looking for a cheap apartment for rent in Franklin, IN? With RentCafe, finding an affordable apartment in Franklin, IN has never been easier. We feature 71 low-priced rentals directly from property managers, with rents lower than the Franklin, IN average. What is a cheap rent in Franklin, IN? The average apartment rent in Franklin is $1,330 per month so any rental south of $1,064 would be considered cheap here. On RentCafe, Franklin, IN rents go as low as $549/mo.

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