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Cheap Apartments for Rent in Franklin, IN
57 Rentals Available

Apartments Under $600 Apartments Under $700 Apartments Under $800 Apartments Under $900 Apartments Under $1,000 Apartments Under $1,100

Apartments Under $600

  • Today

    415 W. Taylor Street, Shelbyville, IN 46176
    Income Restricted
    1 BED $502+
    2 BEDS $600+
    3 BEDS Ask for Pricing

Apartments Under $700

  • Today

    111 North Harrison St, Shelbyville, IN 46176
    Income Restricted
    1 BED $772+
    2 BEDS $695+

Apartments Under $800

  • Today

    1430 & 1420 Madison Ave., Indianapolis, IN 46225
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • Today

    2760 Cherry Glen Way, Indianapolis, IN 46227
    STUDIO $799+
    1 BED $934+
    2 BEDS Ask for Pricing
  • Today

    7980 Dunston Drive, Indianapolis, IN 46239
    STUDIO $799
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing

Apartments Under $900

  • 4 days ago

    800 Kings Mill Road, Greenwood, IN 46142
    STUDIO $805+
    1 BED $840+
    2+ BEDS $955+
  • Today

    2230 Applegate Dr., Columbus, IN 47203
    STUDIO $825
    1 BED $989+
    2 BEDS Ask for Pricing
  • Today

    8026 Mcfarland Court, Indianapolis, IN 46227
    STUDIO $834+
    1 BED $989+
    2 BEDS Ask for Pricing
  • Today

    820 Hospital Rd, Franklin, IN 46131
    STUDIO $849
    1 BED $929
    2 BEDS Ask for Pricing
  • Today

    1039 Paz Drive North, Greenwood, IN 46142
    1 BED $850+
    2 BEDS $1,022+
    3 BEDS $1,297+
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  • Today

    4259 Burkhart Drive, Indianapolis, IN 46227
    1 BED $885+
    2 BEDS $1,025+
    3 BEDS Ask for Pricing

Apartments Under $1,000

  • Today

    3714 Bartlett Ave, Indianapolis, IN 46227
    STUDIO Ask for Pricing
    1 BED $949+
    2 BEDS Ask for Pricing

Apartments Under $1,100

  • Today

    4423 Highway 31 E., Clarksville, IN 47129
    1 BED $1,027+
  • Today

    2350 Thornybrook Drive, Columbus, IN 47203
    1 BED $1,056+
    2 BEDS $1,125+
    3 BEDS Ask for Pricing
  • Today

    4010 Mann Village Rd, Indianapolis, IN 46221
    Income Restricted
    1 BED $1,125
    2 BEDS $1,144
  • Today

    7449 Sharzad Pl, Indianapolis, IN 46227
    2 BEDS $1,325
  • Today

    200 Jackson St., Columbus, IN 47201
    1 BED $1,330+
    2 BEDS $1,755+
1-16-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

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

The price range of a cheap apartment is between $849 and $1,129.

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 57 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 $1,407 per month so any rental south of $1,126 would be considered cheap here. On RentCafe, Franklin, IN rents go as low as $502/mo.

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