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Cheap Apartments for Rent in Franklin, OH - 8 Rentals available

Apartments Under $400

  • Apartment
    601 Moses Drive, Franklin, OH 45005
    $395 - $585
    • 1-2 Beds
    • 1-2 Baths
    Available Today!
    (844) 318-6877

Apartments Under $700

  • Apartment
    1 Ashgrove Court, Franklin, OH 45005
    $610
    • Studio-2 Beds
    • 1-2 Baths
    Available Today!
    (844) 379-3893

Apartments Under $800

  • Apartment
    3530 Village Drive, Franklin, OH 45005
    $765 - $990
    • Studio-3 Beds
    • 1-2.5 Baths
    Available Today!
    (844) 379-3098

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Franklin, OH Demographics

  • Total Population31,052
  • Female 15,233
    Male 15,819
  • Median Age40.5

Average Rent in Franklin, OH

  • Franklin, OH Average Rental Price, April 2019$662/mo

Franklin, OH Apartment Rent Ranges

  • < $5008%
  • $501-$70044%
  • $701-$1,00047%
  • $1,001-$1,5001%

Franklin, OH Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Apr / 2019
Franklin, OH $630 $631 $625 $639 $653 $650 $639 $639 $662
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
/

Average rent is projected to grow by 3% in 2018 compared to 2017.

Please note that projected rent growth is calculated at city level.

Average rent values on this page are aggregated from data from zip code 45005

Check out the average rent prices in Franklin by neighborhood.

Franklin, OH Households

  • Total Number of Households12,283
  • Family 8,594
    Non-family 3,689
  • Children 3,815
    No Children 8,468
  • Average People Per Household2.51
  • Median Household Income$57,033
  • Median Housing Costs Per Month$906

Franklin, OH Education Statistics

  • No High School3%
  • Some High School49%
  • Some College25%
  • Associate Degree9%
  • Bachelor Degree10%
  • Graduate Degree5%

Looking for a cheap apartment for rent in Franklin, OH? With RENTCafé, finding an affordable apartment in Franklin, OH has never been easier. We feature 15 low-priced rentals directly from property managers, with rents lower than the Franklin, OH average. What is a cheap rent in Franklin, OH? The average apartment rent in Franklin is $662 per month so any rental south of $530 would be considered cheap here. On RENTCafé, Franklin, OH rents go as low as $395/mo.

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